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Tsann Kuen Enterprise Co (TPE:2430) Cyclically Adjusted Book per Share : NT$48.06 (As of Mar. 2025)


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What is Tsann Kuen Enterprise 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.

Tsann Kuen Enterprise Co's adjusted book value per share for the three months ended in Mar. 2025 was NT$37.273. 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$48.06 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Tsann Kuen Enterprise Co's average Cyclically Adjusted Book Growth Rate was -0.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.00% 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 Tsann Kuen Enterprise Co was 4.30% per year. The lowest was 2.00% per year. And the median was 4.05% per year.

As of today (2025-05-30), Tsann Kuen Enterprise Co's current stock price is NT$25.25. Tsann Kuen Enterprise Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$48.06. Tsann Kuen Enterprise Co's Cyclically Adjusted PB Ratio of today is 0.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tsann Kuen Enterprise Co was 1.57. The lowest was 0.43. And the median was 0.75.


Tsann Kuen Enterprise Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tsann Kuen Enterprise 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.

Tsann Kuen Enterprise Co Cyclically Adjusted Book per Share Chart

Tsann Kuen Enterprise 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 42.33 45.02 47.28 47.70 47.77

Tsann Kuen Enterprise 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 48.17 48.16 48.00 47.77 48.06

Competitive Comparison of Tsann Kuen Enterprise Co's Cyclically Adjusted Book per Share

For the Specialty Retail subindustry, Tsann Kuen Enterprise 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.


Tsann Kuen Enterprise Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tsann Kuen Enterprise Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Tsann Kuen Enterprise Co's Cyclically Adjusted PB Ratio falls into.


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Tsann Kuen Enterprise 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, Tsann Kuen Enterprise 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)
=37.273/134.9266*134.9266
=37.273

Current CPI (Mar. 2025) = 134.9266.

Tsann Kuen Enterprise Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 37.027 100.684 49.620
201509 38.333 100.392 51.520
201512 38.489 99.792 52.040
201603 40.003 100.470 53.722
201606 39.390 101.688 52.265
201609 40.423 101.861 53.545
201612 41.240 101.863 54.626
201703 41.502 102.862 54.439
201706 39.261 103.349 51.257
201709 40.051 104.136 51.893
201712 40.524 104.011 52.569
201803 41.738 105.290 53.486
201806 39.977 106.317 50.735
201809 40.403 106.507 51.184
201812 40.405 105.998 51.432
201903 39.994 107.251 50.314
201906 38.865 108.070 48.524
201909 39.431 108.329 49.112
201912 39.943 108.420 49.708
202003 40.634 108.902 50.345
202006 39.553 108.767 49.066
202009 40.220 109.815 49.417
202012 40.984 109.897 50.318
202103 42.397 111.754 51.188
202106 41.640 114.631 49.012
202109 42.675 115.734 49.752
202112 44.386 117.630 50.913
202203 40.809 121.301 45.393
202206 54.290 125.017 58.593
202209 39.152 125.227 42.185
202212 40.476 125.222 43.613
202303 37.396 127.348 39.622
202306 37.835 128.729 39.657
202309 38.258 129.860 39.751
202312 38.991 129.419 40.650
202403 37.232 131.776 38.122
202406 37.559 132.554 38.231
202409 37.758 133.029 38.297
202412 38.490 133.157 39.001
202503 37.273 134.927 37.273

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


Tsann Kuen Enterprise Co  (TPE:2430) 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.

Tsann Kuen Enterprise Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=25.25/48.06
=0.53

* 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 Tsann Kuen Enterprise Co was 1.57. The lowest was 0.43. And the median was 0.75.


Be Aware

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


Tsann Kuen Enterprise Co Cyclically Adjusted Book per Share Related Terms

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


Tsann Kuen Enterprise Co Business Description

Traded in Other Exchanges
N/A
Address
No.331, Sec.1, Tiding Boulevard, 3rd floor, Nei Hu District, Taipei, TWN
Tsann Kuen Enterprise Co Ltd is a Taiwan-based company. The company is engaged in the trading of various consumer electronics products. The company sells products related to consumer electronics, the company offers a customer loyalty program for retail customers and the company provides services related to the installation, warranty and repair of home appliances.

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