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Yuan Jen Enterprises Co (TPE:1725) Cyclically Adjusted Book per Share : NT$21.37 (As of Mar. 2024)


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What is Yuan Jen Enterprises 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.

Yuan Jen Enterprises Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$25.715. 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$21.37 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Yuan Jen Enterprises Co's average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.40% 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 Yuan Jen Enterprises Co was 10.40% per year. The lowest was 8.80% per year. And the median was 9.60% per year.

As of today (2024-05-26), Yuan Jen Enterprises Co's current stock price is NT$45.80. Yuan Jen Enterprises Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$21.37. Yuan Jen Enterprises Co's Cyclically Adjusted PB Ratio of today is 2.14.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Yuan Jen Enterprises Co was 2.18. The lowest was 0.83. And the median was 1.06.


Yuan Jen Enterprises Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Yuan Jen Enterprises 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.

Yuan Jen Enterprises Co Cyclically Adjusted Book per Share Chart

Yuan Jen Enterprises 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 15.01 15.45 17.25 19.31 20.77

Yuan Jen Enterprises Co 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 19.83 20.26 20.64 20.77 21.37

Competitive Comparison of Yuan Jen Enterprises Co's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Yuan Jen Enterprises 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.


Yuan Jen Enterprises Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Yuan Jen Enterprises Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Yuan Jen Enterprises Co's Cyclically Adjusted PB Ratio falls into.



Yuan Jen Enterprises 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, Yuan Jen Enterprises Co'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)
=25.715/131.7762*131.7762
=25.715

Current CPI (Mar. 2024) = 131.7762.

Yuan Jen Enterprises Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.134 100.560 17.211
201409 13.732 100.428 18.018
201412 13.913 99.070 18.506
201503 14.212 99.621 18.799
201506 13.720 100.684 17.957
201509 13.342 100.392 17.513
201512 13.424 99.792 17.726
201603 13.622 100.470 17.867
201606 13.378 101.688 17.336
201609 14.038 101.861 18.161
201612 14.618 101.863 18.911
201703 15.043 102.862 19.272
201706 15.025 103.349 19.158
201709 15.563 104.136 19.694
201712 16.142 104.011 20.451
201803 16.920 105.290 21.176
201806 16.564 106.317 20.531
201809 17.805 106.507 22.029
201812 16.886 105.998 20.993
201903 18.076 107.251 22.210
201906 18.109 108.070 22.081
201909 18.786 108.329 22.852
201912 19.558 108.420 23.771
202003 16.124 108.902 19.511
202006 17.750 108.767 21.505
202009 17.575 109.815 21.090
202012 18.867 109.897 22.623
202103 18.930 111.754 22.321
202106 19.850 114.631 22.819
202109 22.062 115.734 25.120
202112 23.840 117.630 26.707
202203 25.081 121.301 27.247
202206 22.176 125.017 23.375
202209 22.163 125.227 23.322
202212 22.987 125.222 24.190
202303 22.377 127.348 23.155
202306 23.613 128.729 24.172
202309 23.842 129.860 24.194
202312 25.221 129.419 25.680
202403 25.715 131.776 25.715

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


Yuan Jen Enterprises Co  (TPE:1725) 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.

Yuan Jen Enterprises Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=45.80/21.37
=2.14

* 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 Yuan Jen Enterprises Co was 2.18. The lowest was 0.83. 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.


Yuan Jen Enterprises Co Cyclically Adjusted Book per Share Related Terms

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


Yuan Jen Enterprises Co (TPE:1725) Business Description

Traded in Other Exchanges
N/A
Address
Min Sheng East Road, 3rd Floor, No. 54, Sec. 4, Taipei, TWN
Yuan Jen Enterprises Co Ltd is engaged in the manufacture, process and trade of chemicals, gasoline and diesel wholesale and building rental business.

Yuan Jen Enterprises Co (TPE:1725) Headlines

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