GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Edison Opto Corp (TPE:3591) » Definitions » Cyclically Adjusted Book per Share

Edison Opto (TPE:3591) Cyclically Adjusted Book per Share : NT$26.38 (As of Mar. 2025)


View and export this data going back to 2010. Start your Free Trial

What is Edison Opto 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.

Edison Opto's adjusted book value per share for the three months ended in Mar. 2025 was NT$21.455. 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$26.38 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Edison Opto's average Cyclically Adjusted Book Growth Rate was -3.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.30% 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 Edison Opto was -0.60% per year. The lowest was -2.10% per year. And the median was -0.80% per year.

As of today (2025-05-27), Edison Opto's current stock price is NT$20.10. Edison Opto's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$26.38. Edison Opto's Cyclically Adjusted PB Ratio of today is 0.76.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Edison Opto was 1.17. The lowest was 0.28. And the median was 0.72.


Edison Opto Cyclically Adjusted Book per Share Historical Data

The historical data trend for Edison Opto'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.

Edison Opto Cyclically Adjusted Book per Share Chart

Edison Opto 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 27.94 28.16 28.13 27.31 26.45

Edison Opto 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 27.38 27.14 26.83 26.45 26.38

Competitive Comparison of Edison Opto's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Edison Opto'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.


Edison Opto's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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


;
;

Edison Opto 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, Edison Opto'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)
=21.455/134.9266*134.9266
=21.455

Current CPI (Mar. 2025) = 134.9266.

Edison Opto Quarterly Data

Book Value per Share CPI Adj_Book
201506 27.724 100.684 37.153
201509 28.594 100.392 38.430
201512 27.266 99.792 36.866
201603 25.289 100.470 33.962
201606 24.075 101.688 31.944
201609 23.581 101.861 31.236
201612 23.316 101.863 30.884
201703 22.275 102.862 29.219
201706 24.105 103.349 31.470
201709 24.042 104.136 31.151
201712 22.001 104.011 28.540
201803 23.419 105.290 30.011
201806 23.237 106.317 29.490
201809 22.663 106.507 28.710
201812 22.706 105.998 28.903
201903 23.052 107.251 29.001
201906 22.574 108.070 28.184
201909 21.704 108.329 27.033
201912 19.453 108.420 24.209
202003 18.770 108.902 23.256
202006 19.094 108.767 23.686
202009 19.780 109.815 24.303
202012 20.485 109.897 25.151
202103 20.018 111.754 24.169
202106 20.151 114.631 23.719
202109 19.828 115.734 23.116
202112 20.028 117.630 22.973
202203 20.635 121.301 22.953
202206 20.291 125.017 21.899
202209 20.555 125.227 22.147
202212 20.156 125.222 21.718
202303 20.240 127.348 21.445
202306 19.694 128.729 20.642
202309 20.252 129.860 21.042
202312 19.961 129.419 20.810
202403 20.567 131.776 21.059
202406 20.487 132.554 20.854
202409 20.614 133.029 20.908
202412 21.167 133.157 21.448
202503 21.455 134.927 21.455

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


Edison Opto  (TPE:3591) 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.

Edison Opto's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.10/26.38
=0.76

* 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 Edison Opto was 1.17. The lowest was 0.28. And the median was 0.72.


Be Aware

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


Edison Opto Cyclically Adjusted Book per Share Related Terms

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


Edison Opto Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Edison Opto Corp (TPE:3591) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
No. 17, Qiaohe Road, 17th Floor, Zhonghe District, New Taipei, TWN, 235029
Edison Opto Corp is engaged in manufacturing, selling, research, and development of LED components, modules, and finished products in general lighting and automotive lighting areas. The company's operating segment include The Company; Edison Opto (Dong Guan) Co. Ltd; Yangzhou Edison Opto Corporation; Yangzhou Edison-Litek Opto Corporation; Edison-Litek Opto Corporation and other subsidiaries. It generates maximum revenue from the Company segment. Geographically, it derives a majority of its revenue from China and Taiwan.

Edison Opto Headlines

No Headlines