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Goldsun Building Materials Co (TPE:2504) Cyclically Adjusted Book per Share : NT$21.60 (As of Mar. 2024)


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What is Goldsun Building Materials 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.

Goldsun Building Materials Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$21.583. 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$21.60 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Goldsun Building Materials Co's average Cyclically Adjusted Book Growth Rate was 2.00% per year. During the past 3 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 Goldsun Building Materials Co was 4.20% per year. The lowest was 3.80% per year. And the median was 4.00% per year.

As of today (2024-06-21), Goldsun Building Materials Co's current stock price is NT$48.35. Goldsun Building Materials Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$21.60. Goldsun Building Materials Co's Cyclically Adjusted PB Ratio of today is 2.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Goldsun Building Materials Co was 2.32. The lowest was 0.50. And the median was 1.24.


Goldsun Building Materials Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Goldsun Building Materials 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.

Goldsun Building Materials Co Cyclically Adjusted Book per Share Chart

Goldsun Building Materials 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 18.68 18.81 19.85 20.88 21.28

Goldsun Building Materials 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 21.18 21.32 21.43 21.28 21.60

Competitive Comparison of Goldsun Building Materials Co's Cyclically Adjusted Book per Share

For the Building Materials subindustry, Goldsun Building Materials 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.


Goldsun Building Materials Co's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Goldsun Building Materials Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Goldsun Building Materials Co's Cyclically Adjusted PB Ratio falls into.



Goldsun Building Materials 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, Goldsun Building Materials 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)
=21.583/131.7762*131.7762
=21.583

Current CPI (Mar. 2024) = 131.7762.

Goldsun Building Materials Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 18.207 100.560 23.859
201409 18.611 100.428 24.420
201412 18.885 99.070 25.120
201503 18.970 99.621 25.093
201506 18.461 100.684 24.162
201509 18.586 100.392 24.396
201512 17.829 99.792 23.543
201603 17.807 100.470 23.356
201606 18.410 101.688 23.857
201609 17.588 101.861 22.753
201612 14.388 101.863 18.613
201703 16.457 102.862 21.083
201706 16.731 103.349 21.333
201709 16.823 104.136 21.288
201712 16.649 104.011 21.093
201803 16.788 105.290 21.011
201806 16.451 106.317 20.390
201809 16.457 106.507 20.362
201812 16.480 105.998 20.488
201903 16.889 107.251 20.751
201906 16.773 108.070 20.452
201909 16.707 108.329 20.323
201912 17.243 108.420 20.958
202003 17.275 108.902 20.904
202006 17.596 108.767 21.318
202009 19.288 109.815 23.145
202012 17.163 109.897 20.580
202103 17.687 111.754 20.856
202106 18.369 114.631 21.116
202109 17.498 115.734 19.923
202112 18.175 117.630 20.361
202203 20.174 121.301 21.916
202206 18.763 125.017 19.777
202209 19.421 125.227 20.437
202212 19.769 125.222 20.804
202303 20.636 127.348 21.354
202306 19.327 128.729 19.785
202309 19.951 129.860 20.245
202312 20.813 129.419 21.192
202403 21.583 131.776 21.583

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


Goldsun Building Materials Co  (TPE:2504) 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.

Goldsun Building Materials Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=48.35/21.6
=2.24

* 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 Goldsun Building Materials Co was 2.32. The lowest was 0.50. And the median was 1.24.


Be Aware

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


Goldsun Building Materials Co Cyclically Adjusted Book per Share Related Terms

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


Goldsun Building Materials Co (TPE:2504) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Xinhu 1st Road, 7th Floor, Neihu District, Taipei, TWN, 114
Goldsun Building Materials Co Ltd is a Taiwan-based company that engages in the production and distribution of ready-mixed concretes and cement. These two segments jointly account for the majority of the company's revenue. In addition to the above, Goldsun Building Materials Co Ltd also engages in the planning and management of real estate projects, as well as manufacturing and marketing of fire-proof building materials. The company generates most of its sales from the Taiwan market.

Goldsun Building Materials Co (TPE:2504) Headlines

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