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Weikeng Industrial Co (TPE:3033) Cyclically Adjusted Book per Share : NT$19.70 (As of Mar. 2024)


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What is Weikeng Industrial 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.

Weikeng Industrial Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$21.459. 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$19.70 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Weikeng Industrial Co's average Cyclically Adjusted Book Growth Rate was 4.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.60% 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 Weikeng Industrial Co was 6.60% per year. The lowest was 5.40% per year. And the median was 6.00% per year.

As of today (2024-06-24), Weikeng Industrial Co's current stock price is NT$38.45. Weikeng Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$19.70. Weikeng Industrial Co's Cyclically Adjusted PB Ratio of today is 1.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Weikeng Industrial Co was 2.01. The lowest was 0.76. And the median was 1.46.


Weikeng Industrial Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Weikeng Industrial 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.

Weikeng Industrial Co Cyclically Adjusted Book per Share Chart

Weikeng Industrial 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 15.73 15.92 17.10 18.44 19.31

Weikeng Industrial 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 18.85 19.10 19.33 19.31 19.70

Competitive Comparison of Weikeng Industrial Co's Cyclically Adjusted Book per Share

For the Electronics & Computer Distribution subindustry, Weikeng Industrial 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.


Weikeng Industrial Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Weikeng Industrial 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, Weikeng Industrial 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)
=21.459/131.7762*131.7762
=21.459

Current CPI (Mar. 2024) = 131.7762.

Weikeng Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.710 100.560 17.966
201409 14.400 100.428 18.895
201412 14.998 99.070 19.949
201503 15.315 99.621 20.258
201506 13.900 100.684 18.192
201509 14.722 100.392 19.324
201512 15.063 99.792 19.891
201603 15.283 100.470 20.045
201606 14.255 101.688 18.473
201609 14.491 101.861 18.747
201612 14.853 101.863 19.215
201703 14.742 102.862 18.886
201706 14.064 103.349 17.932
201709 14.782 104.136 18.706
201712 15.207 104.011 19.266
201803 15.674 105.290 19.617
201806 14.807 106.317 18.353
201809 15.754 106.507 19.492
201812 15.919 105.998 19.790
201903 16.151 107.251 19.844
201906 15.456 108.070 18.847
201909 15.604 108.329 18.981
201912 15.404 108.420 18.722
202003 15.128 108.902 18.306
202006 15.487 108.767 18.763
202009 16.019 109.815 19.223
202012 16.517 109.897 19.805
202103 15.961 111.754 18.821
202106 17.005 114.631 19.548
202109 18.279 115.734 20.813
202112 19.288 117.630 21.608
202203 17.805 121.301 19.343
202206 19.726 125.017 20.793
202209 21.548 125.227 22.675
202212 21.673 125.222 22.807
202303 22.001 127.348 22.766
202306 19.502 128.729 19.964
202309 20.635 129.860 20.940
202312 20.478 129.419 20.851
202403 21.459 131.776 21.459

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


Weikeng Industrial Co  (TPE:3033) 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.

Weikeng Industrial Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=38.45/19.7
=1.95

* 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 Weikeng Industrial Co was 2.01. The lowest was 0.76. And the median was 1.46.


Be Aware

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


Weikeng Industrial Co Cyclically Adjusted Book per Share Related Terms

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


Weikeng Industrial Co (TPE:3033) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 308, Neihu Road, 11th Floor, Section 1, Neihu District, Taipei, TWN, 114
Weikeng Industrial Co Ltd is mainly engaged in the distribution of various semiconductor electronic components, information access products, and the provision of technical services. Its product solution includes Data Center; IoT Application; Automotive; Networking; Industrial and Consumer. Geographically, it derives a majority of its revenue from China.

Weikeng Industrial Co (TPE:3033) Headlines

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