GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ta Ya Electric Wire & Cable (TPE:1609) » Definitions » Cyclically Adjusted Book per Share

Ta Ya Electric Wire & Cable (TPE:1609) Cyclically Adjusted Book per Share : NT$14.41 (As of Mar. 2024)


View and export this data going back to 1988. Start your Free Trial

What is Ta Ya Electric Wire & Cable 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.

Ta Ya Electric Wire & Cable's adjusted book value per share for the three months ended in Mar. 2024 was NT$20.156. 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$14.41 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ta Ya Electric Wire & Cable's average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.40% 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 Ta Ya Electric Wire & Cable was 7.40% per year. The lowest was 5.20% per year. And the median was 6.30% per year.

As of today (2024-06-13), Ta Ya Electric Wire & Cable's current stock price is NT$51.00. Ta Ya Electric Wire & Cable's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$14.41. Ta Ya Electric Wire & Cable's Cyclically Adjusted PB Ratio of today is 3.54.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ta Ya Electric Wire & Cable was 4.46. The lowest was 0.60. And the median was 1.85.


Ta Ya Electric Wire & Cable Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ta Ya Electric Wire & Cable'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.

Ta Ya Electric Wire & Cable Cyclically Adjusted Book per Share Chart

Ta Ya Electric Wire & Cable 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 11.17 11.29 12.11 13.02 14.00

Ta Ya Electric Wire & Cable Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 13.35 13.65 13.91 14.00 14.41

Competitive Comparison of Ta Ya Electric Wire & Cable's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, Ta Ya Electric Wire & Cable'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.


Ta Ya Electric Wire & Cable's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Ta Ya Electric Wire & Cable's Cyclically Adjusted PB Ratio falls into.



Ta Ya Electric Wire & Cable 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, Ta Ya Electric Wire & Cable's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=20.156/131.7762*131.7762
=20.156

Current CPI (Mar. 2024) = 131.7762.

Ta Ya Electric Wire & Cable Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.530 100.560 13.799
201409 10.412 100.428 13.662
201412 10.597 99.070 14.095
201503 10.733 99.621 14.197
201506 10.413 100.684 13.629
201509 10.067 100.392 13.214
201512 9.782 99.792 12.917
201603 9.619 100.470 12.616
201606 9.659 101.688 12.517
201609 9.788 101.861 12.663
201612 9.634 101.863 12.463
201703 9.555 102.862 12.241
201706 9.865 103.349 12.578
201709 10.252 104.136 12.973
201712 10.192 104.011 12.913
201803 10.364 105.290 12.971
201806 10.273 106.317 12.733
201809 10.300 106.507 12.744
201812 10.351 105.998 12.868
201903 10.571 107.251 12.988
201906 10.460 108.070 12.755
201909 10.632 108.329 12.933
201912 10.844 108.420 13.180
202003 10.990 108.902 13.298
202006 11.247 108.767 13.626
202009 11.419 109.815 13.703
202012 11.859 109.897 14.220
202103 12.546 111.754 14.794
202106 13.105 114.631 15.065
202109 12.782 115.734 14.554
202112 14.361 117.630 16.088
202203 14.816 121.301 16.095
202206 14.279 125.017 15.051
202209 14.729 125.227 15.499
202212 15.394 125.222 16.200
202303 18.092 127.348 18.721
202306 19.323 128.729 19.780
202309 19.622 129.860 19.912
202312 19.554 129.419 19.910
202403 20.156 131.776 20.156

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


Ta Ya Electric Wire & Cable  (TPE:1609) 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.

Ta Ya Electric Wire & Cable's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=51.00/14.41
=3.54

* 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 Ta Ya Electric Wire & Cable was 4.46. The lowest was 0.60. And the median was 1.85.


Be Aware

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


Ta Ya Electric Wire & Cable Cyclically Adjusted Book per Share Related Terms

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


Ta Ya Electric Wire & Cable (TPE:1609) Business Description

Traded in Other Exchanges
N/A
Address
No. 249, Section 2, Zhongshan Road, Guanmiao District, Tainan, TWN, 71847
Ta Ya Electric Wire & Cable is engaged in the manufacturing and sale of electric wire & cable, and constructing, selling, and renting office and house buildings. The company has two operating segments; the Electric wire and cable segment mainly engage in the manufacturing and sale of electric wire and cable, and the Solar power plants segment mainly engages in the development of solar power plants for renewable energy. It derives a majority of its revenue from Taiwan.

Ta Ya Electric Wire & Cable (TPE:1609) Headlines

No Headlines