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CSBC Taiwan (TPE:2208) Cyclically Adjusted Book per Share : NT$20.24 (As of Mar. 2025)


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What is CSBC Taiwan 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.

CSBC Taiwan's adjusted book value per share for the three months ended in Mar. 2025 was NT$6.557. 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$20.24 for the trailing ten years ended in Mar. 2025.

During the past 12 months, CSBC Taiwan's average Cyclically Adjusted Book Growth Rate was -14.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -9.90% per year. During the past 5 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 CSBC Taiwan was -4.90% per year. The lowest was -9.90% per year. And the median was -6.50% per year.

As of today (2025-05-29), CSBC Taiwan's current stock price is NT$16.65. CSBC Taiwan's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$20.24. CSBC Taiwan's Cyclically Adjusted PB Ratio of today is 0.82.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CSBC Taiwan was 0.96. The lowest was 0.45. And the median was 0.72.


CSBC Taiwan Cyclically Adjusted Book per Share Historical Data

The historical data trend for CSBC Taiwan'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.

CSBC Taiwan Cyclically Adjusted Book per Share Chart

CSBC Taiwan 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 29.55 28.71 27.12 24.14 21.01

CSBC Taiwan 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 23.64 22.86 22.00 21.01 20.24

Competitive Comparison of CSBC Taiwan's Cyclically Adjusted Book per Share

For the Aerospace & Defense subindustry, CSBC Taiwan'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.


CSBC Taiwan's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, CSBC Taiwan's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CSBC Taiwan's Cyclically Adjusted PB Ratio falls into.


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CSBC Taiwan 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, CSBC Taiwan'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)
=6.557/134.9266*134.9266
=6.557

Current CPI (Mar. 2025) = 134.9266.

CSBC Taiwan Quarterly Data

Book Value per Share CPI Adj_Book
201506 34.939 100.684 46.822
201509 35.150 100.392 47.242
201512 35.669 99.792 48.227
201603 35.774 100.470 48.043
201606 34.782 101.688 46.151
201609 32.594 101.861 43.174
201612 31.458 101.863 41.669
201703 27.601 102.862 36.205
201706 24.605 103.349 32.123
201709 19.076 104.136 24.716
201712 16.359 104.011 21.221
201803 14.169 105.290 18.157
201806 16.619 106.317 21.091
201809 14.242 106.507 18.042
201812 13.159 105.998 16.750
201903 13.798 107.251 17.359
201906 12.864 108.070 16.061
201909 12.936 108.329 16.112
201912 11.277 108.420 14.034
202003 11.040 108.902 13.678
202006 10.331 108.767 12.816
202009 9.759 109.815 11.991
202012 8.745 109.897 10.737
202103 13.683 111.754 16.520
202106 13.761 114.631 16.197
202109 13.718 115.734 15.993
202112 13.753 117.630 15.775
202203 13.547 121.301 15.069
202206 12.629 125.017 13.630
202209 11.278 125.227 12.152
202212 10.192 125.222 10.982
202303 8.420 127.348 8.921
202306 7.461 128.729 7.820
202309 6.476 129.860 6.729
202312 6.936 129.419 7.231
202403 8.929 131.776 9.142
202406 8.778 132.554 8.935
202409 8.201 133.029 8.318
202412 7.140 133.157 7.235
202503 6.557 134.927 6.557

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


CSBC Taiwan  (TPE:2208) 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.

CSBC Taiwan's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.65/20.24
=0.82

* 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 CSBC Taiwan was 0.96. The lowest was 0.45. And the median was 0.72.


Be Aware

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


CSBC Taiwan Cyclically Adjusted Book per Share Related Terms

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


CSBC Taiwan Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 3, Zhonggang Road, Hsiao Kang District, Kaohsiung, TWN, 81234
CSBC Corp Taiwan is a shipbuilding company. The company organizes itself into three segments that includes construction of ships and vessels, Ship vessel repairs and all other segments. Construction of ships and vessels, which contributes to the vast majority of revenue, manufactures and repairs marine vessels, oil drilling rigs, and onshore equipment. All other segments principally include engineering machinery. The reportable operating segments derive their revenue primarily from the construction and repairing of ships and vessels. The company is headquartered in Taiwan, but generates the portion of revenue in Taiwan, followed by domestic operations.

CSBC Taiwan Headlines

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