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Leofoo Development Co (TPE:2705) Cyclically Adjusted Book per Share : NT$23.99 (As of Mar. 2025)


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What is Leofoo 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.

Leofoo Development Co's adjusted book value per share for the three months ended in Mar. 2025 was NT$25.173. 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$23.99 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Leofoo Development Co's average Cyclically Adjusted Book Growth Rate was -1.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.20% 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 Leofoo Development Co was 1.50% per year. The lowest was -0.40% per year. And the median was 0.60% per year.

As of today (2025-05-31), Leofoo Development Co's current stock price is NT$18.90. Leofoo Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$23.99. Leofoo Development Co's Cyclically Adjusted PB Ratio of today is 0.79.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Leofoo Development Co was 1.09. The lowest was 0.40. And the median was 0.73.


Leofoo Development Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Leofoo 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.

Leofoo Development Co Cyclically Adjusted Book per Share Chart

Leofoo 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 23.09 23.57 24.25 24.17 23.97

Leofoo 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 24.39 24.33 24.19 23.97 23.99

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

For the Lodging subindustry, Leofoo 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.


Leofoo Development Co's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Leofoo Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Leofoo 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, Leofoo 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)
=25.173/134.9266*134.9266
=25.173

Current CPI (Mar. 2025) = 134.9266.

Leofoo Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 26.973 100.684 36.147
201509 27.098 100.392 36.420
201512 26.436 99.792 35.743
201603 26.061 100.470 34.999
201606 25.295 101.688 33.563
201609 24.842 101.861 32.906
201612 24.410 101.863 32.333
201703 23.922 102.862 31.379
201706 23.317 103.349 30.441
201709 22.541 104.136 29.206
201712 18.875 104.011 24.485
201803 14.223 105.290 18.227
201806 13.726 106.317 17.420
201809 12.992 106.507 16.459
201812 11.603 105.998 14.770
201903 11.151 107.251 14.029
201906 9.143 108.070 11.415
201909 8.960 108.329 11.160
201912 11.974 108.420 14.901
202003 7.700 108.902 9.540
202006 6.897 108.767 8.556
202009 6.971 109.815 8.565
202012 10.337 109.897 12.691
202103 5.823 111.754 7.030
202106 26.725 114.631 31.457
202109 25.738 115.734 30.006
202112 27.321 117.630 31.338
202203 26.584 121.301 29.570
202206 25.281 125.017 27.285
202209 25.501 125.227 27.476
202212 25.688 125.222 27.679
202303 25.434 127.348 26.948
202306 24.914 128.729 26.114
202309 24.877 129.860 25.848
202312 25.224 129.419 26.297
202403 25.214 131.776 25.817
202406 24.964 132.554 25.411
202409 24.851 133.029 25.206
202412 25.403 133.157 25.741
202503 25.173 134.927 25.173

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


Leofoo Development Co  (TPE:2705) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18.90/23.99
=0.79

* 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 Leofoo Development Co was 1.09. The lowest was 0.40. And the median was 0.73.


Be Aware

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


Leofoo Development Co Cyclically Adjusted Book per Share Related Terms

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


Leofoo Development Co Business Description

Traded in Other Exchanges
N/A
Address
No. 60, Gungtzgou, Renan Li, Hsinchu County, Hsinchu, TWN
Leofoo Development Co Ltd is engaged in operation of tourist hotels (Leofoo Courtyard and Leofoo Resort Guanshi), restaurants, boutiques, department stores, cinemas, land development and leasing, zoo, and amusement equipment rental. The group is divided into three reportable segments: Leofoo Village, Leofoo Hotel, and Leofoo Courtyard by Marriott. Leofoo Village is engaged in amusement park services, Leofoo Hotel is engaged in leasing services, and Leofoo Courtyard by Marriott is engaged in hotel services. The company operates in Taiwan only.

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