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Syscom Computer Engineering Co (TPE:2453) Cyclically Adjusted Book per Share : NT$22.04 (As of Mar. 2025)


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What is Syscom Computer Engineering 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.

Syscom Computer Engineering Co's adjusted book value per share for the three months ended in Mar. 2025 was NT$19.960. 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$22.04 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Syscom Computer Engineering Co's average Cyclically Adjusted Book Growth Rate was 1.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.20% 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 Syscom Computer Engineering Co was 5.20% per year. The lowest was 3.50% per year. And the median was 4.70% per year.

As of today (2025-05-31), Syscom Computer Engineering Co's current stock price is NT$58.80. Syscom Computer Engineering Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$22.04. Syscom Computer Engineering Co's Cyclically Adjusted PB Ratio of today is 2.67.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Syscom Computer Engineering Co was 3.53. The lowest was 0.65. And the median was 1.34.


Syscom Computer Engineering Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Syscom Computer Engineering 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.

Syscom Computer Engineering Co Cyclically Adjusted Book per Share Chart

Syscom Computer Engineering 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 18.40 19.70 20.86 21.44 21.84

Syscom Computer Engineering 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 21.75 21.82 21.86 21.84 22.04

Competitive Comparison of Syscom Computer Engineering Co's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, Syscom Computer Engineering 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.


Syscom Computer Engineering Co's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Syscom Computer Engineering Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Syscom Computer Engineering Co's Cyclically Adjusted PB Ratio falls into.


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Syscom Computer Engineering 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, Syscom Computer Engineering 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)
=19.96/134.9266*134.9266
=19.960

Current CPI (Mar. 2025) = 134.9266.

Syscom Computer Engineering Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 16.879 100.684 22.620
201509 17.171 100.392 23.078
201512 17.183 99.792 23.233
201603 17.220 100.470 23.126
201606 16.936 101.688 22.472
201609 16.888 101.861 22.370
201612 17.187 101.863 22.766
201703 17.239 102.862 22.613
201706 16.846 103.349 21.993
201709 17.073 104.136 22.121
201712 17.394 104.011 22.564
201803 17.494 105.290 22.418
201806 16.971 106.317 21.538
201809 17.097 106.507 21.659
201812 17.327 105.998 22.056
201903 17.602 107.251 22.144
201906 17.393 108.070 21.715
201909 17.643 108.329 21.975
201912 17.975 108.420 22.370
202003 18.163 108.902 22.504
202006 17.948 108.767 22.265
202009 18.215 109.815 22.380
202012 18.829 109.897 23.117
202103 19.249 111.754 23.240
202106 19.619 114.631 23.092
202109 18.597 115.734 21.681
202112 19.641 117.630 22.529
202203 20.429 121.301 22.724
202206 18.821 125.017 20.313
202209 19.369 125.227 20.869
202212 20.498 125.222 22.087
202303 21.358 127.348 22.629
202306 19.657 128.729 20.603
202309 20.275 129.860 21.066
202312 21.142 129.419 22.042
202403 19.513 131.776 19.980
202406 20.228 132.554 20.590
202409 20.914 133.029 21.212
202412 21.727 133.157 22.016
202503 19.960 134.927 19.960

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


Syscom Computer Engineering Co  (TPE:2453) 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.

Syscom Computer Engineering Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=58.80/22.04
=2.67

* 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 Syscom Computer Engineering Co was 3.53. The lowest was 0.65. And the median was 1.34.


Be Aware

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


Syscom Computer Engineering Co Cyclically Adjusted Book per Share Related Terms

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


Syscom Computer Engineering Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 115, Emei Street, 6th Floor, Wanhua District, Taipei, TWN, 108
Syscom Computer Engineering Co is an information technology service-providing company. The company mainly leases and sells computer systems and designs computer software. It also provides services for the integration of computer information systems and maintenance of computer hardware. The company operates in geographical areas of Taiwan, China, the U.S.A., and Southeast Asia.

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