GURUFOCUS.COM » STOCK LIST » Technology » Hardware » WT Microelectronics Co Ltd (TPE:3036) » Definitions » Cyclically Adjusted Book per Share

WT Microelectronics Co (TPE:3036) Cyclically Adjusted Book per Share : NT$53.47 (As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is WT Microelectronics 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.

WT Microelectronics Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$81.693. 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$53.47 for the trailing ten years ended in Mar. 2024.

During the past 12 months, WT Microelectronics Co's average Cyclically Adjusted Book Growth Rate was 11.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.60% 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 WT Microelectronics Co was 13.90% per year. The lowest was 10.40% per year. And the median was 12.40% per year.

As of today (2024-05-22), WT Microelectronics Co's current stock price is NT$120.00. WT Microelectronics Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$53.47. WT Microelectronics Co's Cyclically Adjusted PB Ratio of today is 2.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of WT Microelectronics Co was 3.35. The lowest was 0.98. And the median was 1.35.


WT Microelectronics Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for WT Microelectronics 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.

WT Microelectronics Co Cyclically Adjusted Book per Share Chart

WT Microelectronics 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 32.81 34.86 40.79 46.57 51.45

WT Microelectronics 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 48.12 49.35 50.58 51.45 53.47

Competitive Comparison of WT Microelectronics Co's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, WT Microelectronics 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.


WT Microelectronics Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



WT Microelectronics 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, WT Microelectronics 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)
=81.693/131.7762*131.7762
=81.693

Current CPI (Mar. 2024) = 131.7762.

WT Microelectronics Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 27.661 100.560 36.248
201409 29.901 100.428 39.235
201412 31.911 99.070 42.446
201503 34.338 99.621 45.421
201506 33.779 100.684 44.210
201509 33.866 100.392 44.453
201512 34.668 99.792 45.779
201603 34.499 100.470 45.249
201606 32.955 101.688 42.706
201609 34.419 101.861 44.527
201612 34.514 101.863 44.650
201703 33.629 102.862 43.082
201706 32.244 103.349 41.113
201709 33.842 104.136 42.825
201712 35.757 104.011 45.302
201803 35.684 105.290 44.661
201806 35.610 106.317 44.137
201809 37.339 106.507 46.198
201812 38.625 105.998 48.018
201903 39.023 107.251 47.947
201906 38.000 108.070 46.336
201909 39.152 108.329 47.626
201912 39.037 108.420 47.446
202003 37.304 108.902 45.140
202006 45.438 108.767 55.050
202009 48.223 109.815 57.867
202012 55.801 109.897 66.910
202103 57.025 111.754 67.242
202106 57.179 114.631 65.731
202109 59.770 115.734 68.055
202112 64.618 117.630 72.389
202203 69.096 121.301 75.063
202206 59.148 125.017 62.346
202209 60.683 125.227 63.857
202212 58.717 125.222 61.790
202303 64.067 127.348 66.295
202306 61.165 128.729 62.613
202309 66.291 129.860 67.269
202312 78.561 129.419 79.992
202403 81.693 131.776 81.693

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


WT Microelectronics Co  (TPE:3036) 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.

WT Microelectronics Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=120.00/53.47
=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 WT Microelectronics Co was 3.35. The lowest was 0.98. And the median was 1.35.


Be Aware

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


WT Microelectronics Co Cyclically Adjusted Book per Share Related Terms

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


WT Microelectronics Co (TPE:3036) Business Description

Industry
Traded in Other Exchanges
Address
No. 738, Zhongzheng Road, 235th Floor, Zhonghe District, New Taipei, TWN, 235
WT Microelectronics Co Ltd develops and sells electronic and communication components. Supply chain management services are offered to vendors and customers primarily in China, but the company does contract business from other Asia Pacific countries. The majority of revenue is derived from clients in the communication, computing, and consumer markets. The company depends on a host of marketing and sales channels to help deliver value-add technical support, explore component application opportunities, and facilitate product development timelines. WT Microelectronics aims to co-define the product marketing strategy with upstream vendors and reduce the research and development pipeline for downstream clients.

WT Microelectronics Co (TPE:3036) Headlines

No Headlines