GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Edimax Technology Co Ltd (TPE:3047) » Definitions » Cyclically Adjusted Book per Share

Edimax Technology Co (TPE:3047) Cyclically Adjusted Book per Share : NT$13.69 (As of Mar. 2024)


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

What is Edimax Technology 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.

Edimax Technology Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$11.669. 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$13.69 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Edimax Technology Co's average Cyclically Adjusted Book Growth Rate was 0.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.70% 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 Edimax Technology Co was 3.70% per year. The lowest was 3.60% per year. And the median was 3.65% per year.

As of today (2024-05-30), Edimax Technology Co's current stock price is NT$25.05. Edimax Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$13.69. Edimax Technology Co's Cyclically Adjusted PB Ratio of today is 1.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Edimax Technology Co was 1.59. The lowest was 0.48. And the median was 1.05.


Edimax Technology Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Edimax Technology 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.

Edimax Technology Co Cyclically Adjusted Book per Share Chart

Edimax Technology 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 12.10 12.16 12.85 13.46 13.56

Edimax Technology 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 13.63 13.69 13.71 13.56 13.69

Competitive Comparison of Edimax Technology Co's Cyclically Adjusted Book per Share

For the Communication Equipment subindustry, Edimax Technology 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.


Edimax Technology Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Edimax Technology 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, Edimax Technology 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)
=11.669/131.7762*131.7762
=11.669

Current CPI (Mar. 2024) = 131.7762.

Edimax Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.612 100.560 15.217
201409 11.839 100.428 15.535
201412 12.034 99.070 16.007
201503 12.033 99.621 15.917
201506 11.498 100.684 15.049
201509 12.238 100.392 16.064
201512 11.354 99.792 14.993
201603 11.459 100.470 15.030
201606 11.225 101.688 14.546
201609 11.036 101.861 14.277
201612 11.176 101.863 14.458
201703 11.777 102.862 15.087
201706 11.262 103.349 14.360
201709 11.196 104.136 14.168
201712 10.656 104.011 13.501
201803 10.107 105.290 12.650
201806 10.131 106.317 12.557
201809 10.406 106.507 12.875
201812 10.703 105.998 13.306
201903 11.141 107.251 13.689
201906 11.223 108.070 13.685
201909 11.035 108.329 13.423
201912 10.878 108.420 13.221
202003 10.661 108.902 12.900
202006 10.786 108.767 13.068
202009 11.704 109.815 14.045
202012 11.760 109.897 14.101
202103 11.471 111.754 13.526
202106 11.216 114.631 12.894
202109 11.017 115.734 12.544
202112 11.023 117.630 12.349
202203 11.228 121.301 12.198
202206 11.601 125.017 12.228
202209 13.378 125.227 14.078
202212 12.475 125.222 13.128
202303 12.809 127.348 13.254
202306 11.836 128.729 12.116
202309 11.939 129.860 12.115
202312 11.566 129.419 11.777
202403 11.669 131.776 11.669

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


Edimax Technology Co  (TPE:3047) 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.

Edimax Technology Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=25.05/13.69
=1.83

* 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 Edimax Technology Co was 1.59. The lowest was 0.48. And the median was 1.05.


Be Aware

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


Edimax Technology Co Cyclically Adjusted Book per Share Related Terms

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


Edimax Technology Co (TPE:3047) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 278, Xinhu 1st Road, Neihu District, Taipei, TWN
Edimax Technology Co Ltd is engaged in designing, development, manufacture and marketing of a broad range of networking solutions. Its product line encompasses wireless solutions, Wireless Routers, Wi-Fi Range Extenders, Access Points, Wi-Fi Bridges, Wireless Adapters, Power Line, Home Automation, Network Cameras, Switches, ADSL Modem Routers, 3G Routers, Network Adapters, and network access controllers, among others.

Edimax Technology Co (TPE:3047) Headlines

No Headlines