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Sunplus Technology Co (TPE:2401) Cyclically Adjusted Book per Share : NT$18.24 (As of Mar. 2024)


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What is Sunplus Technology 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.

Sunplus Technology Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$14.689. 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$18.24 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sunplus Technology Co's average Cyclically Adjusted Book Growth Rate was 0.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.70% 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 Sunplus Technology Co was 2.90% per year. The lowest was -1.70% per year. And the median was 2.00% per year.

As of today (2024-06-09), Sunplus Technology Co's current stock price is NT$34.75. Sunplus Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$18.24. Sunplus Technology Co's Cyclically Adjusted PB Ratio of today is 1.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sunplus Technology Co was 2.67. The lowest was 0.47. And the median was 1.39.


Sunplus Technology Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sunplus Technology 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.

Sunplus Technology Co Cyclically Adjusted Book per Share Chart

Sunplus Technology 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 16.86 16.56 17.10 17.89 18.05

Sunplus Technology 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 18.12 18.20 18.24 18.05 18.24

Competitive Comparison of Sunplus Technology Co's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, Sunplus Technology 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.


Sunplus Technology Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Sunplus Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sunplus Technology 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, Sunplus Technology 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)
=14.689/131.7762*131.7762
=14.689

Current CPI (Mar. 2024) = 131.7762.

Sunplus Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 15.371 100.560 20.143
201409 15.613 100.428 20.487
201412 15.846 99.070 21.077
201503 16.699 99.621 22.089
201506 15.985 100.684 20.921
201509 15.452 100.392 20.283
201512 16.196 99.792 21.387
201603 15.914 100.470 20.873
201606 14.794 101.688 19.171
201609 15.282 101.861 19.770
201612 15.336 101.863 19.840
201703 15.440 102.862 19.780
201706 15.000 103.349 19.126
201709 15.174 104.136 19.202
201712 15.237 104.011 19.304
201803 15.285 105.290 19.130
201806 14.470 106.317 17.935
201809 14.485 106.507 17.922
201812 14.387 105.998 17.886
201903 14.510 107.251 17.828
201906 14.109 108.070 17.204
201909 14.004 108.329 17.035
201912 13.899 108.420 16.893
202003 13.600 108.902 16.457
202006 13.375 108.767 16.204
202009 13.872 109.815 16.646
202012 14.299 109.897 17.146
202103 14.689 111.754 17.321
202106 15.119 114.631 17.380
202109 16.170 115.734 18.411
202112 17.195 117.630 19.263
202203 17.969 121.301 19.521
202206 15.780 125.017 16.633
202209 15.956 125.227 16.791
202212 15.740 125.222 16.564
202303 15.689 127.348 16.235
202306 14.850 128.729 15.202
202309 14.811 129.860 15.030
202312 14.420 129.419 14.683
202403 14.689 131.776 14.689

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


Sunplus Technology Co  (TPE:2401) 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.

Sunplus Technology Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=34.75/18.24
=1.91

* 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 Sunplus Technology Co was 2.67. The lowest was 0.47. And the median was 1.39.


Be Aware

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


Sunplus Technology Co Cyclically Adjusted Book per Share Related Terms

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


Sunplus Technology Co (TPE:2401) Business Description

Traded in Other Exchanges
N/A
Address
No.19, Innovation 1st Road, Hsinchu Science Park, Hsinchu, TWN, 30076
Sunplus Technology Co Ltd t researches, develops, designs, tests and sells high quality, high value-added consumer integrated circuits (ICs). Its products are based on core technologies in such areas as multimedia audio/video, single-chip microcontrollers and digital signal processors. These technologies are used to develop hundreds of products including various ICs: Liquid crystal display, microcontroller, multimedia, voice/music, and application-specific devices.

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