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Hua Eng Wire & Cable Co (TPE:1608) Cyclically Adjusted Book per Share : NT$19.19 (As of Sep. 2024)


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What is Hua Eng Wire & Cable Co 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.

Hua Eng Wire & Cable Co's adjusted book value per share for the three months ended in Sep. 2024 was NT$18.256. 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$19.19 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Hua Eng Wire & Cable Co's average Cyclically Adjusted Book Growth Rate was 0.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.70% 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 Hua Eng Wire & Cable Co was 6.70% per year. The lowest was 5.60% per year. And the median was 6.15% per year.

As of today (2025-01-19), Hua Eng Wire & Cable Co's current stock price is NT$24.95. Hua Eng Wire & Cable Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was NT$19.19. Hua Eng Wire & Cable Co's Cyclically Adjusted PB Ratio of today is 1.30.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hua Eng Wire & Cable Co was 2.24. The lowest was 0.43. And the median was 1.06.


Hua Eng Wire & Cable Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hua Eng Wire & Cable Co'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.

Hua Eng Wire & Cable Co Cyclically Adjusted Book per Share Chart

Hua Eng Wire & Cable Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.46 15.62 17.12 18.23 18.98

Hua Eng Wire & Cable Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 19.01 18.98 19.17 19.30 19.19

Competitive Comparison of Hua Eng Wire & Cable Co's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, Hua Eng Wire & Cable Co'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.


Hua Eng Wire & Cable Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hua Eng Wire & Cable Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Hua Eng Wire & Cable Co's Cyclically Adjusted PB Ratio falls into.



Hua Eng Wire & Cable Co 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, Hua Eng Wire & Cable Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=18.256/133.0289*133.0289
=18.256

Current CPI (Sep. 2024) = 133.0289.

Hua Eng Wire & Cable Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 12.335 99.070 16.563
201503 11.770 99.621 15.717
201506 11.445 100.684 15.122
201509 15.272 100.392 20.237
201512 16.233 99.792 21.640
201603 15.888 100.470 21.037
201606 15.879 101.688 20.773
201609 15.782 101.861 20.611
201612 16.209 101.863 21.168
201703 16.958 102.862 21.931
201706 17.250 103.349 22.204
201709 16.968 104.136 21.676
201712 17.030 104.011 21.781
201803 17.138 105.290 21.653
201806 15.655 106.317 19.588
201809 14.959 106.507 18.684
201812 14.440 105.998 18.122
201903 15.091 107.251 18.718
201906 14.898 108.070 18.339
201909 14.892 108.329 18.287
201912 16.128 108.420 19.789
202003 13.657 108.902 16.683
202006 14.360 108.767 17.563
202009 14.971 109.815 18.136
202012 16.032 109.897 19.407
202103 18.122 111.754 21.572
202106 18.387 114.631 21.338
202109 17.719 115.734 20.367
202112 18.389 117.630 20.796
202203 18.181 121.301 19.939
202206 15.623 125.017 16.624
202209 15.949 125.227 16.943
202212 16.415 125.222 17.438
202303 17.266 127.348 18.036
202306 17.164 128.729 17.737
202309 17.422 129.860 17.847
202312 18.094 129.419 18.599
202403 18.791 131.776 18.970
202406 17.823 132.554 17.887
202409 18.256 133.029 18.256

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


Hua Eng Wire & Cable Co  (TPE:1608) 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.

Hua Eng Wire & Cable Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=24.95/19.19
=1.30

* 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 Hua Eng Wire & Cable Co was 2.24. The lowest was 0.43. And the median was 1.06.


Be Aware

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


Hua Eng Wire & Cable Co Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Hua Eng Wire & Cable Co's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Hua Eng Wire & Cable Co Business Description

Traded in Other Exchanges
N/A
Address
No. 170, Chung Cheng 4th Road, Kaohsiung, TWN
Hua Eng Wire & Cable Co Ltd is engaged in the processing, manufacture, sale and construction of wire, cable and copper products. The Company operates through three segments: Wire, Cable, and Copper. The Wire segment is responsible for producing oxygen-free copper wire and related products. The Cable segment, on the other hand, focuses on producing power cables, communication cables, and optical fiber cables. The company's other reportable segments are mainly involved in project contracting and material trading. The Cable segment generates the majority of the company's revenue. Geographically the company generates revenue from Taiwan, which contributes major revenue, Mainland China, and Others.

Hua Eng Wire & Cable Co Headlines

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