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Da Cin Construction Co (TPE:2535) Cyclically Adjusted Book per Share : NT$35.24 (As of Mar. 2024)


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What is Da Cin Construction 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.

Da Cin Construction Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$32.798. 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$35.24 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Da Cin Construction Co's average Cyclically Adjusted Book Growth Rate was 2.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.50% 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 Da Cin Construction Co was 6.50% per year. The lowest was 5.80% per year. And the median was 6.15% per year.

As of today (2024-05-20), Da Cin Construction Co's current stock price is NT$54.40. Da Cin Construction Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$35.24. Da Cin Construction Co's Cyclically Adjusted PB Ratio of today is 1.54.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Da Cin Construction Co was 1.71. The lowest was 0.84. And the median was 1.20.


Da Cin Construction Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Da Cin Construction 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.

Da Cin Construction Co Cyclically Adjusted Book per Share Chart

Da Cin Construction 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 28.05 28.66 31.04 33.25 34.65

Da Cin Construction 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 33.85 34.37 34.72 34.65 35.24

Competitive Comparison of Da Cin Construction Co's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Da Cin Construction 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.


Da Cin Construction Co's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Da Cin Construction Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Da Cin Construction Co's Cyclically Adjusted PB Ratio falls into.



Da Cin Construction 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, Da Cin Construction 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)
=32.798/131.7762*131.7762
=32.798

Current CPI (Mar. 2024) = 131.7762.

Da Cin Construction Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 24.558 100.560 32.182
201409 24.794 100.428 32.533
201412 25.421 99.070 33.813
201503 25.785 99.621 34.108
201506 24.140 100.684 31.595
201509 24.968 100.392 32.774
201512 25.487 99.792 33.656
201603 26.343 100.470 34.551
201606 25.804 101.688 33.439
201609 25.989 101.861 33.622
201612 27.653 101.863 35.774
201703 27.978 102.862 35.842
201706 26.780 103.349 34.146
201709 28.784 104.136 36.424
201712 29.506 104.011 37.382
201803 31.147 105.290 38.982
201806 29.233 106.317 36.233
201809 29.562 106.507 36.576
201812 30.008 105.998 37.306
201903 30.257 107.251 37.176
201906 28.683 108.070 34.975
201909 29.306 108.329 35.649
201912 29.632 108.420 36.015
202003 29.727 108.902 35.971
202006 30.098 108.767 36.465
202009 30.432 109.815 36.518
202012 31.727 109.897 38.044
202103 29.317 111.754 34.569
202106 30.856 114.631 35.471
202109 31.808 115.734 36.217
202112 33.134 117.630 37.119
202203 31.698 121.301 34.435
202206 32.962 125.017 34.744
202209 33.899 125.227 35.672
202212 35.507 125.222 37.366
202303 33.387 127.348 34.548
202306 34.938 128.729 35.765
202309 33.480 129.860 33.974
202312 34.689 129.419 35.321
202403 32.798 131.776 32.798

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


Da Cin Construction Co  (TPE:2535) 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.

Da Cin Construction Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=54.40/35.24
=1.54

* 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 Da Cin Construction Co was 1.71. The lowest was 0.84. And the median was 1.20.


Be Aware

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


Da Cin Construction Co Cyclically Adjusted Book per Share Related Terms

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


Da Cin Construction Co (TPE:2535) Business Description

Traded in Other Exchanges
N/A
Address
9th Floor, Dunhua S. Road, No 92, Section 2, Da-an District, Taipei, TWN, 106
Da Cin Construction Co Ltd operates as a construction company. mainly engages in civil engineering, building construction, and the management of and investment in related businesses. It constructs factory plants, public engineering, civil works, and commercial and residential buildings. The company operates its businesses within Taiwan markets.

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