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Walsin Lihwa (TPE:1605) Cyclically Adjusted Book per Share : NT$29.55 (As of Dec. 2024)


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What is Walsin Lihwa Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Walsin Lihwa's adjusted book value per share for the three months ended in Dec. 2024 was NT$34.047. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is NT$29.55 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Walsin Lihwa's average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Walsin Lihwa was 10.10% per year. The lowest was 5.30% per year. And the median was 8.65% per year.

As of today (2025-05-12), Walsin Lihwa's current stock price is NT$21.35. Walsin Lihwa's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was NT$29.55. Walsin Lihwa's Cyclically Adjusted PB Ratio of today is 0.72.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Walsin Lihwa was 2.26. The lowest was 0.54. And the median was 1.14.


Walsin Lihwa Cyclically Adjusted Book per Share Historical Data

The historical data trend for Walsin Lihwa's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Walsin Lihwa Cyclically Adjusted Book per Share Chart

Walsin Lihwa Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.61 22.84 25.46 27.54 29.55

Walsin Lihwa Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.54 28.37 28.86 29.26 29.55

Competitive Comparison of Walsin Lihwa's Cyclically Adjusted Book per Share

For the Steel subindustry, Walsin Lihwa's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Walsin Lihwa's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Walsin Lihwa's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Walsin Lihwa's Cyclically Adjusted PB Ratio falls into.


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Walsin Lihwa Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Walsin Lihwa's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=34.047/133.1571*133.1571
=34.047

Current CPI (Dec. 2024) = 133.1571.

Walsin Lihwa Quarterly Data

Book Value per Share CPI Adj_Book
201503 17.252 99.621 23.060
201506 17.064 100.684 22.568
201509 17.388 100.392 23.063
201512 17.292 99.792 23.073
201603 17.544 100.470 23.252
201606 17.594 101.688 23.039
201609 18.254 101.861 23.862
201612 18.727 101.863 24.480
201703 18.736 102.862 24.254
201706 18.552 103.349 23.903
201709 20.377 104.136 26.056
201712 20.842 104.011 26.682
201803 22.254 105.290 28.144
201806 23.596 106.317 29.553
201809 22.888 106.507 28.615
201812 22.853 105.998 28.708
201903 23.605 107.251 29.307
201906 22.498 108.070 27.721
201909 22.402 108.329 27.536
201912 22.869 108.420 28.087
202003 21.487 108.902 26.273
202006 22.166 108.767 27.136
202009 23.391 109.815 28.363
202012 25.737 109.897 31.184
202103 26.968 111.754 32.133
202106 29.334 114.631 34.075
202109 27.874 115.734 32.070
202112 30.331 117.630 34.335
202203 31.606 121.301 34.695
202206 30.675 125.017 32.672
202209 33.647 125.227 35.778
202212 33.120 125.222 35.219
202303 33.509 127.348 35.038
202306 34.769 128.729 35.965
202309 35.648 129.860 36.553
202312 34.915 129.419 35.923
202403 35.113 131.776 35.481
202406 35.398 132.554 35.559
202409 34.616 133.029 34.649
202412 34.047 133.157 34.047

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Walsin Lihwa  (TPE:1605) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Walsin Lihwa's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=21.35/29.55
=0.72

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Walsin Lihwa was 2.26. The lowest was 0.54. And the median was 1.14.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Walsin Lihwa Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Walsin Lihwa's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Walsin Lihwa Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 1, Songzhi Road, 25th Floor, Taipei, TWN, 11047
Walsin Lihwa Corp is a producer of cables, steel, and wires. The Company made various investments in construction, electronics, material science, real estate, etc. The Company's main products are wires, cables, stainless steel, resource business and real estate.

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