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Stark Technology (TPE:2480) Cyclically Adjusted Book per Share : NT$29.00 (As of Sep. 2024)


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What is Stark Technology 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.

Stark Technology's adjusted book value per share for the three months ended in Sep. 2024 was NT$30.022. 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$29.00 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Stark Technology's average Cyclically Adjusted Book Growth Rate was 3.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.00% 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 Stark Technology was 6.00% per year. The lowest was 5.40% per year. And the median was 5.70% per year.

As of today (2024-11-10), Stark Technology's current stock price is NT$128.00. Stark Technology's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was NT$29.00. Stark Technology's Cyclically Adjusted PB Ratio of today is 4.41.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Stark Technology was 4.66. The lowest was 2.20. And the median was 3.06.


Stark Technology Cyclically Adjusted Book per Share Historical Data

The historical data trend for Stark Technology'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.

Stark Technology Cyclically Adjusted Book per Share Chart

Stark Technology 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 23.13 23.57 25.37 27.06 28.10

Stark Technology Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 28.10 28.10 28.58 28.82 29.00

Competitive Comparison of Stark Technology's Cyclically Adjusted Book per Share

For the Computer Hardware subindustry, Stark Technology'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.


Stark Technology's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Stark Technology 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, Stark Technology's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=30.022/133.0289*133.0289
=30.022

Current CPI (Sep. 2024) = 133.0289.

Stark Technology Quarterly Data

Book Value per Share CPI Adj_Book
201412 20.820 99.070 27.957
201503 21.427 99.621 28.613
201506 19.884 100.684 26.272
201509 20.240 100.392 26.820
201512 20.861 99.792 27.809
201603 21.262 100.470 28.152
201606 19.675 101.688 25.739
201609 20.175 101.861 26.348
201612 20.638 101.863 26.952
201703 21.222 102.862 27.446
201706 19.733 103.349 25.400
201709 23.080 104.136 29.484
201712 23.779 104.011 30.413
201803 24.878 105.290 31.432
201806 23.143 106.317 28.958
201809 23.752 106.507 29.667
201812 24.817 105.998 31.146
201903 26.418 107.251 32.768
201906 24.147 108.070 29.724
201909 25.317 108.329 31.089
201912 26.304 108.420 32.274
202003 23.070 108.902 28.181
202006 24.229 108.767 29.634
202009 25.274 109.815 30.617
202012 26.598 109.897 32.197
202103 23.676 111.754 28.183
202106 24.945 114.631 28.948
202109 26.241 115.734 30.162
202112 28.393 117.630 32.110
202203 24.505 121.301 26.874
202206 25.753 125.017 27.403
202209 27.446 125.227 29.156
202212 29.384 125.222 31.216
202303 25.314 127.348 26.443
202306 27.007 128.729 27.909
202309 28.969 129.860 29.676
202312 30.744 129.419 31.601
202403 26.235 131.776 26.484
202406 28.464 132.554 28.566
202409 30.022 133.029 30.022

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


Stark Technology  (TPE:2480) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=128.00/29
=4.41

* 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 Stark Technology was 4.66. The lowest was 2.20. And the median was 3.06.


Be Aware

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


Stark Technology Cyclically Adjusted Book per Share Related Terms

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


Stark Technology Business Description

Industry
Traded in Other Exchanges
N/A
Address
Dongda Road, 12th Floor-1, No 83, Section.2, Hsinchu, TWN
Stark Technology Inc is a Taiwan-based company. Its main business activities include distribution and maintenance of computers and peripherals; research, design, development, and sale of computer software/hardware, computer system design, and import/export trade for the Company's products.

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