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Quintain Steel Co (TPE:2017) Cyclically Adjusted Book per Share : NT$13.09 (As of Mar. 2025)


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What is Quintain Steel 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.

Quintain Steel Co's adjusted book value per share for the three months ended in Mar. 2025 was NT$11.926. 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$13.09 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Quintain Steel Co's average Cyclically Adjusted Book Growth Rate was 2.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.90% 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 Quintain Steel Co was 3.70% per year. The lowest was 2.40% per year. And the median was 3.30% per year.

As of today (2025-05-29), Quintain Steel Co's current stock price is NT$10.00. Quintain Steel Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$13.09. Quintain Steel Co's Cyclically Adjusted PB Ratio of today is 0.76.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Quintain Steel Co was 2.48. The lowest was 0.44. And the median was 1.04.


Quintain Steel Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Quintain Steel 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.

Quintain Steel Co Cyclically Adjusted Book per Share Chart

Quintain Steel Co 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 11.30 11.76 12.24 12.59 12.95

Quintain Steel Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 12.82 12.91 12.96 12.95 13.09

Competitive Comparison of Quintain Steel Co's Cyclically Adjusted Book per Share

For the Steel subindustry, Quintain Steel 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.


Quintain Steel Co's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

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

* The bar in red indicates where Quintain Steel Co's Cyclically Adjusted PB Ratio falls into.


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Quintain Steel 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, Quintain Steel Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=11.926/134.9266*134.9266
=11.926

Current CPI (Mar. 2025) = 134.9266.

Quintain Steel Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 9.865 100.684 13.220
201509 9.516 100.392 12.790
201512 9.315 99.792 12.595
201603 9.244 100.470 12.414
201606 9.593 101.688 12.729
201609 9.677 101.861 12.818
201612 9.957 101.863 13.189
201703 10.375 102.862 13.609
201706 10.124 103.349 13.217
201709 10.277 104.136 13.316
201712 10.491 104.011 13.609
201803 10.664 105.290 13.666
201806 10.515 106.317 13.345
201809 10.492 106.507 13.292
201812 10.533 105.998 13.408
201903 10.512 107.251 13.225
201906 10.055 108.070 12.554
201909 9.923 108.329 12.359
201912 9.767 108.420 12.155
202003 9.450 108.902 11.708
202006 9.473 108.767 11.751
202009 9.583 109.815 11.774
202012 10.485 109.897 12.873
202103 10.988 111.754 13.266
202106 11.981 114.631 14.102
202109 11.919 115.734 13.896
202112 13.135 117.630 15.066
202203 13.054 121.301 14.520
202206 12.082 125.017 13.040
202209 12.233 125.227 13.181
202212 11.912 125.222 12.835
202303 12.231 127.348 12.959
202306 12.958 128.729 13.582
202309 12.393 129.860 12.877
202312 12.467 129.419 12.998
202403 13.418 131.776 13.739
202406 13.759 132.554 14.005
202409 13.378 133.029 13.569
202412 12.103 133.157 12.264
202503 11.926 134.927 11.926

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


Quintain Steel Co  (TPE:2017) 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.

Quintain Steel Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.00/13.09
=0.76

* 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 Quintain Steel Co was 2.48. The lowest was 0.44. And the median was 1.04.


Be Aware

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


Quintain Steel Co Cyclically Adjusted Book per Share Related Terms

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


Quintain Steel Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
NO.119-5, Nanbu, Nanbu Village, Guantian District, Tainan, TWN, 702
Quintain Steel Co Ltd manufactures steel products. Its product portfolio comprises of carbon steel wire, a deformed bar in oil, spheroidized wire, and galvanized wire. Quintain's hot-rolled wire rod products are used in low and high-carbon steel and low-alloy steel. Its products are applied in the manufacture of barbecue frames, hardware, stationery, and others. The company is also engaged in the provision of related processing services.

Quintain Steel Co Headlines

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