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Macnica Anstek (TPE:3528) Cyclically Adjusted Book per Share : NT$27.88 (As of Mar. 2025)


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What is Macnica Anstek 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.

Macnica Anstek's adjusted book value per share for the three months ended in Mar. 2025 was NT$28.380. 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$27.88 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Macnica Anstek's average Cyclically Adjusted Book Growth Rate was 3.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.00% 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 Macnica Anstek was 8.40% per year. The lowest was 6.40% per year. And the median was 7.40% per year.

As of today (2025-05-25), Macnica Anstek's current stock price is NT$90.20. Macnica Anstek's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$27.88. Macnica Anstek's Cyclically Adjusted PB Ratio of today is 3.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Macnica Anstek was 3.26. The lowest was 1.68. And the median was 2.02.


Macnica Anstek Cyclically Adjusted Book per Share Historical Data

The historical data trend for Macnica Anstek'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.

Macnica Anstek Cyclically Adjusted Book per Share Chart

Macnica Anstek 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 20.71 22.80 25.03 26.38 27.49

Macnica Anstek 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 26.90 27.17 27.37 27.49 27.88

Competitive Comparison of Macnica Anstek's Cyclically Adjusted Book per Share

For the Electronics & Computer Distribution subindustry, Macnica Anstek'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.


Macnica Anstek's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Macnica Anstek's Cyclically Adjusted PB Ratio falls into.


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Macnica Anstek 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, Macnica Anstek'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)
=28.38/134.9266*134.9266
=28.380

Current CPI (Mar. 2025) = 134.9266.

Macnica Anstek Quarterly Data

Book Value per Share CPI Adj_Book
201506 18.800 100.684 25.194
201509 19.476 100.392 26.176
201512 20.212 99.792 27.328
201603 21.295 100.470 28.598
201606 19.795 101.688 26.265
201609 20.445 101.861 27.082
201612 21.020 101.863 27.843
201703 22.059 102.862 28.935
201706 20.484 103.349 26.743
201709 21.022 104.136 27.238
201712 21.622 104.011 28.049
201803 22.237 105.290 28.496
201806 20.741 106.317 26.322
201809 21.397 106.507 27.107
201812 22.054 105.998 28.073
201903 22.754 107.251 28.626
201906 20.887 108.070 26.078
201909 21.421 108.329 26.680
201912 22.295 108.420 27.746
202003 20.199 108.902 25.026
202006 21.226 108.767 26.331
202009 22.115 109.815 27.172
202012 23.083 109.897 28.340
202103 21.713 111.754 26.215
202106 23.013 114.631 27.087
202109 24.395 115.734 28.440
202112 27.924 117.630 32.030
202203 25.933 121.301 28.846
202206 27.373 125.017 29.543
202209 27.879 125.227 30.039
202212 29.670 125.222 31.969
202303 26.562 127.348 28.143
202306 27.156 128.729 28.463
202309 26.656 129.860 27.696
202312 27.296 129.419 28.458
202403 26.368 131.776 26.998
202406 27.912 132.554 28.412
202409 28.759 133.029 29.169
202412 29.544 133.157 29.937
202503 28.380 134.927 28.380

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


Macnica Anstek  (TPE:3528) 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.

Macnica Anstek's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=90.20/27.88
=3.24

* 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 Macnica Anstek was 3.26. The lowest was 1.68. And the median was 2.02.


Be Aware

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


Macnica Anstek Cyclically Adjusted Book per Share Related Terms

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


Macnica Anstek Business Description

Industry
Traded in Other Exchanges
N/A
Address
Xintai 5th Road, 21st Floor, No. 75, Section 1, Xizhi District, New Taipei City, TWN
Macnica Anstek Inc is engaged in import, export and trading of electronic components. The company supplies analogue and semiconductor devices, micro telecommunication technologies and equipment.

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