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Delta Electronics (TPE:2308) Cyclically Adjusted Book per Share : NT$0.00 (As of Mar. 2024)


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What is Delta Electronics 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.

Delta Electronics's adjusted book value per share for the three months ended in Mar. 2024 was NT$36.627. 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$0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Delta Electronics's average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.30% 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 Delta Electronics was 10.30% per year. The lowest was 8.80% per year. And the median was 9.55% per year.

As of today (2024-05-02), Delta Electronics's current stock price is NT$320.50. Delta Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$0.00. Delta Electronics's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Delta Electronics was 6.73. The lowest was 2.65. And the median was 4.88.


Delta Electronics Cyclically Adjusted Book per Share Historical Data

The historical data trend for Delta Electronics'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.

Delta Electronics Cyclically Adjusted Book per Share Chart

Delta Electronics 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 44.33 46.03 51.30 57.12 61.74

Delta Electronics 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 58.77 60.02 61.30 61.74 -

Competitive Comparison of Delta Electronics's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Delta Electronics'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.


Delta Electronics's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Delta Electronics's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Delta Electronics 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, Delta Electronics'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)
=36.627/129.4194*129.4194
=36.627

Current CPI (Mar. 2024) = 129.4194.

Delta Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201406 36.111 100.560 46.475
201409 38.965 100.428 50.213
201412 42.098 99.070 54.995
201503 43.182 99.621 56.098
201506 37.292 100.684 47.935
201509 39.054 100.392 50.346
201512 47.880 99.792 62.095
201603 48.449 100.470 62.409
201606 44.606 101.688 56.770
201609 45.488 101.861 57.795
201612 47.782 101.863 60.708
201703 47.273 102.862 59.478
201706 44.252 103.349 55.415
201709 46.574 104.136 57.882
201712 47.952 104.011 59.666
201803 48.668 105.290 59.822
201806 45.485 106.317 55.369
201809 47.539 106.507 57.766
201812 50.152 105.998 61.234
201903 51.942 107.251 62.679
201906 51.973 108.070 62.241
201909 53.141 108.329 63.487
201912 53.958 108.420 64.409
202003 53.787 108.902 63.921
202006 51.221 108.767 60.947
202009 54.100 109.815 63.758
202012 56.168 109.897 66.146
202103 59.211 111.754 68.570
202106 55.421 114.631 62.571
202109 57.327 115.734 64.106
202112 59.590 117.630 65.563
202203 64.140 121.301 68.433
202206 62.617 125.017 64.822
202209 70.059 125.227 72.405
202212 71.910 125.222 74.321
202303 74.407 127.348 75.617
202306 68.220 128.729 68.586
202309 76.027 129.860 75.769
202312 76.674 129.419 76.674
202403 36.627 129.419 36.627

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


Delta Electronics  (TPE:2308) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Delta Electronics was 6.73. The lowest was 2.65. And the median was 4.88.


Be Aware

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


Delta Electronics Cyclically Adjusted Book per Share Related Terms

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


Delta Electronics (TPE:2308) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 186, Ruey Kuang Road, Neihu District, Taipei, TWN, 11491
Founded in 1971, Delta Electronics, or Delta, is the largest industrial power system supplier globally. It positions itself as a solutions provider in telecom power, renewable energy, surveillance systems, new energy vehicles power systems, smart building, industrial automation, and data centers. Delta also trades under Innergie, Loytec, Delta Controls and Amerlux. The company's headquarters are in Taipei, Taiwan, and employs over 11,000 people in 30 countries. A group of Delta's subsidiaries consolidated under Delta Electronics (Thailand) Public Company Limited, or DET, is listed on the Stock Exchange of Thailand. DET is 63.1% owned by Delta. The company owns 56.75% of surveillance system provider Vivotek (3454 TW).

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