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Evertop Wire Cable (TPE:1616) Cyclically Adjusted Book per Share : NT$10.45 (As of Mar. 2024)


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What is Evertop 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.

Evertop Wire Cable's adjusted book value per share for the three months ended in Mar. 2024 was NT$10.096. 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$10.45 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Evertop Wire Cable's average Cyclically Adjusted Book Growth Rate was 1.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.70% 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 Evertop Wire Cable was 2.70% per year. The lowest was 2.10% per year. And the median was 2.40% per year.

As of today (2024-05-25), Evertop Wire Cable's current stock price is NT$24.85. Evertop Wire Cable's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$10.45. Evertop Wire Cable's Cyclically Adjusted PB Ratio of today is 2.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Evertop Wire Cable was 2.70. The lowest was 0.37. And the median was 0.84.


Evertop Wire Cable Cyclically Adjusted Book per Share Historical Data

The historical data trend for Evertop 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.

Evertop Wire Cable Cyclically Adjusted Book per Share Chart

Evertop 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 9.59 9.51 9.87 10.21 10.30

Evertop 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 10.31 10.35 10.38 10.30 10.45

Competitive Comparison of Evertop Wire Cable's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, Evertop 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.


Evertop Wire Cable's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Evertop Wire Cable's Cyclically Adjusted PB Ratio falls into.



Evertop 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, Evertop 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)
=10.096/131.7762*131.7762
=10.096

Current CPI (Mar. 2024) = 131.7762.

Evertop Wire Cable Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.468 100.560 11.097
201409 8.415 100.428 11.042
201412 8.071 99.070 10.736
201503 9.915 99.621 13.115
201506 9.821 100.684 12.854
201509 9.530 100.392 12.509
201512 9.070 99.792 11.977
201603 8.964 100.470 11.757
201606 9.083 101.688 11.771
201609 9.098 101.861 11.770
201612 8.974 101.863 11.609
201703 8.892 102.862 11.391
201706 8.972 103.349 11.440
201709 8.761 104.136 11.086
201712 8.331 104.011 10.555
201803 8.323 105.290 10.417
201806 8.514 106.317 10.553
201809 8.472 106.507 10.482
201812 8.484 105.998 10.547
201903 8.510 107.251 10.456
201906 8.451 108.070 10.305
201909 8.312 108.329 10.111
201912 8.109 108.420 9.856
202003 8.024 108.902 9.709
202006 8.066 108.767 9.772
202009 8.045 109.815 9.654
202012 7.950 109.897 9.533
202103 8.008 111.754 9.443
202106 8.160 114.631 9.380
202109 8.277 115.734 9.424
202112 8.203 117.630 9.190
202203 8.500 121.301 9.234
202206 8.571 125.017 9.034
202209 8.436 125.227 8.877
202212 8.734 125.222 9.191
202303 8.819 127.348 9.126
202306 9.166 128.729 9.383
202309 9.401 129.860 9.540
202312 9.914 129.419 10.095
202403 10.096 131.776 10.096

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


Evertop Wire Cable  (TPE:1616) 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.

Evertop Wire Cable's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=24.85/10.45
=2.38

* 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 Evertop Wire Cable was 2.70. The lowest was 0.37. And the median was 0.84.


Be Aware

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


Evertop Wire Cable Cyclically Adjusted Book per Share Related Terms

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


Evertop Wire Cable (TPE:1616) Business Description

Traded in Other Exchanges
N/A
Address
No.1 Lane 91 Ren-Ai Road, Sec. 2, Taipei, TWN
Evertop Wire Cable Corp is engaged in manufacturing of single solid copper wire, stranded copper wire, PVC insulated wires, and PE insulated wires.

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