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Gigastorage (TPE:2406) Cyclically Adjusted Book per Share : NT$21.15 (As of Mar. 2024)


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What is Gigastorage 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.

Gigastorage's adjusted book value per share for the three months ended in Mar. 2024 was NT$11.276. 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$21.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Gigastorage's average Cyclically Adjusted Book Growth Rate was -6.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -4.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -4.50% 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 Gigastorage was -4.00% per year. The lowest was -4.60% per year. And the median was -4.60% per year.

As of today (2024-06-21), Gigastorage's current stock price is NT$22.20. Gigastorage's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$21.15. Gigastorage's Cyclically Adjusted PB Ratio of today is 1.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Gigastorage was 1.44. The lowest was 0.30. And the median was 0.78.


Gigastorage Cyclically Adjusted Book per Share Historical Data

The historical data trend for Gigastorage'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.

Gigastorage Cyclically Adjusted Book per Share Chart

Gigastorage 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 26.34 24.71 23.94 22.88 21.44

Gigastorage 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 22.72 22.41 22.07 21.44 21.15

Competitive Comparison of Gigastorage's Cyclically Adjusted Book per Share

For the Solar subindustry, Gigastorage'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.


Gigastorage's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Gigastorage 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, Gigastorage'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)
=11.276/131.7762*131.7762
=11.276

Current CPI (Mar. 2024) = 131.7762.

Gigastorage Quarterly Data

Book Value per Share CPI Adj_Book
201406 29.087 100.560 38.116
201409 28.718 100.428 37.682
201412 28.285 99.070 37.623
201503 27.652 99.621 36.577
201506 26.671 100.684 34.907
201509 27.434 100.392 36.011
201512 30.636 99.792 40.455
201603 32.156 100.470 42.176
201606 31.940 101.688 41.391
201609 30.909 101.861 39.987
201612 29.941 101.863 38.734
201703 28.198 102.862 36.124
201706 21.160 103.349 26.980
201709 20.138 104.136 25.483
201712 16.536 104.011 20.950
201803 15.597 105.290 19.521
201806 14.186 106.317 17.583
201809 11.267 106.507 13.940
201812 9.641 105.998 11.986
201903 11.093 107.251 13.630
201906 10.788 108.070 13.155
201909 10.584 108.329 12.875
201912 10.216 108.420 12.417
202003 7.268 108.902 8.795
202006 7.694 108.767 9.322
202009 8.059 109.815 9.671
202012 8.722 109.897 10.458
202103 9.845 111.754 11.609
202106 10.281 114.631 11.819
202109 10.141 115.734 11.547
202112 9.959 117.630 11.157
202203 12.990 121.301 14.112
202206 12.716 125.017 13.404
202209 12.770 125.227 13.438
202212 12.323 125.222 12.968
202303 12.195 127.348 12.619
202306 11.879 128.729 12.160
202309 11.804 129.860 11.978
202312 11.181 129.419 11.385
202403 11.276 131.776 11.276

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


Gigastorage  (TPE:2406) 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.

Gigastorage's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=22.20/21.15
=1.05

* 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 Gigastorage was 1.44. The lowest was 0.30. And the median was 0.78.


Be Aware

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


Gigastorage Cyclically Adjusted Book per Share Related Terms

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


Gigastorage (TPE:2406) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 3, Industrial kung yen1st Road, Hsinchu industrial park, Hukou Township, Hsinchu, TWN, 30351
Gigastorage Corp is a Taiwan-based manufacturer of optoelectronic materials and silicon products. Its products include photovoltaic multi-crystalline wafers, photovoltaic ribbons, low temperature die attach pastes, insulation pastes, blood glucose strip conductive pastes and other biotech materials, photovoltaic systems, solar power stations, high efficiency coated milling cutters, and coated drills. A majority of the firm's revenue is generated in the Asia-Pacific region, with the rest coming from countries across the world.

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