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Kuoyang Development Co (TPE:2505) Cyclically Adjusted Book per Share : NT$28.93 (As of Mar. 2025)


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What is Kuoyang Development 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.

Kuoyang Development Co's adjusted book value per share for the three months ended in Mar. 2025 was NT$27.205. 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$28.93 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Kuoyang Development Co's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.00% 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 Kuoyang Development Co was 6.00% per year. The lowest was 3.70% per year. And the median was 5.10% per year.

As of today (2025-05-12), Kuoyang Development Co's current stock price is NT$21.00. Kuoyang Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$28.93. Kuoyang Development Co's Cyclically Adjusted PB Ratio of today is 0.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kuoyang Development Co was 2.49. The lowest was 0.61. And the median was 0.95.


Kuoyang Development Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kuoyang Development 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.

Kuoyang Development Co Cyclically Adjusted Book per Share Chart

Kuoyang Development 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 23.70 25.62 27.24 28.17 28.61

Kuoyang Development 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 28.57 28.66 28.68 28.61 28.93

Competitive Comparison of Kuoyang Development Co's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, Kuoyang Development 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.


Kuoyang Development Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kuoyang Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Kuoyang Development 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, Kuoyang Development 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)
=27.205/134.9266*134.9266
=27.205

Current CPI (Mar. 2025) = 134.9266.

Kuoyang Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 22.720 100.684 30.447
201509 22.712 100.392 30.525
201512 22.919 99.792 30.988
201603 22.749 100.470 30.551
201606 22.076 101.688 29.292
201609 21.822 101.861 28.906
201612 22.235 101.863 29.452
201703 22.434 102.862 29.427
201706 23.085 103.349 30.138
201709 22.894 104.136 29.663
201712 22.699 104.011 29.446
201803 22.760 105.290 29.167
201806 22.103 106.317 28.051
201809 21.994 106.507 27.863
201812 22.157 105.998 28.204
201903 22.117 107.251 27.824
201906 21.391 108.070 26.707
201909 21.343 108.329 26.583
201912 21.556 108.420 26.826
202003 21.443 108.902 26.567
202006 34.101 108.767 42.303
202009 31.555 109.815 38.771
202012 24.360 109.897 29.908
202103 25.054 111.754 30.249
202106 25.375 114.631 29.868
202109 24.124 115.734 28.124
202112 24.288 117.630 27.859
202203 24.935 121.301 27.736
202206 24.955 125.017 26.933
202209 25.070 125.227 27.012
202212 25.025 125.222 26.964
202303 25.583 127.348 27.106
202306 26.014 128.729 27.266
202309 25.841 129.860 26.849
202312 26.578 129.419 27.709
202403 26.466 131.776 27.099
202406 26.896 132.554 27.377
202409 26.800 133.029 27.182
202412 26.728 133.157 27.083
202503 27.205 134.927 27.205

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


Kuoyang Development Co  (TPE:2505) 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.

Kuoyang Development Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=21.00/28.93
=0.73

* 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 Kuoyang Development Co was 2.49. The lowest was 0.61. And the median was 0.95.


Be Aware

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


Kuoyang Development Co Cyclically Adjusted Book per Share Related Terms

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


Kuoyang Development Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
Zhongxiao East Road, 18th Floor, No. 555, Section 4, Taipei City, TWN
Kuoyang Development Co Ltd Formerly Kuo Yang Construction Co Ltd is a Taiwan based company. The company is engaged in the construction of public housing and the lease and sales of commercial residential buildings, industrial plants, and commercial buildings.

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