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Quang Viet Enterprise Co (TPE:4438) Cyclically Adjusted Book per Share : NT$73.69 (As of Mar. 2024)


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What is Quang Viet Enterprise 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.

Quang Viet Enterprise Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$76.815. 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$73.69 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-23), Quang Viet Enterprise Co's current stock price is NT$114.50. Quang Viet Enterprise Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$73.69. Quang Viet Enterprise Co's Cyclically Adjusted PB Ratio of today is 1.55.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Quang Viet Enterprise Co was 1.59. The lowest was 1.45. And the median was 1.54.


Quang Viet Enterprise Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Quang Viet Enterprise 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.

Quang Viet Enterprise Co Cyclically Adjusted Book per Share Chart

Quang Viet Enterprise 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 - - - - 71.49

Quang Viet Enterprise 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 - - - 71.49 73.69

Competitive Comparison of Quang Viet Enterprise Co's Cyclically Adjusted Book per Share

For the Apparel Manufacturing subindustry, Quang Viet Enterprise 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.


Quang Viet Enterprise Co's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Quang Viet Enterprise Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Quang Viet Enterprise Co's Cyclically Adjusted PB Ratio falls into.



Quang Viet Enterprise 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, Quang Viet Enterprise 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)
=76.815/131.7762*131.7762
=76.815

Current CPI (Mar. 2024) = 131.7762.

Quang Viet Enterprise Co Quarterly Data

Book Value per Share CPI Adj_Book
201312 29.786 98.326 39.919
201406 0.000 100.560 0.000
201412 48.237 99.070 64.162
201503 0.000 99.621 0.000
201506 43.029 100.684 56.317
201509 0.000 100.392 0.000
201512 51.210 99.792 67.623
201603 50.010 100.470 65.593
201606 44.375 101.688 57.505
201609 49.959 101.861 64.631
201612 63.426 101.863 82.052
201703 60.306 102.862 77.258
201706 55.834 103.349 71.192
201709 61.706 104.136 78.085
201712 61.187 104.011 77.520
201803 59.985 105.290 75.075
201806 58.467 106.317 72.468
201809 63.746 106.507 78.870
201812 64.099 105.998 79.688
201903 63.965 107.251 78.592
201906 61.576 108.070 75.084
201909 67.385 108.329 81.970
201912 67.274 108.420 81.766
202003 66.222 108.902 80.132
202006 60.879 108.767 73.757
202009 63.431 109.815 76.116
202012 64.389 109.897 77.208
202103 63.166 111.754 74.483
202106 65.691 114.631 75.516
202109 65.170 115.734 74.203
202112 66.660 117.630 74.677
202203 68.177 121.301 74.065
202206 67.175 125.017 70.807
202209 77.354 125.227 81.400
202212 76.785 125.222 80.804
202303 76.514 127.348 79.175
202306 71.974 128.729 73.678
202309 79.537 129.860 80.711
202312 76.188 129.419 77.575
202403 76.815 131.776 76.815

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


Quang Viet Enterprise Co  (TPE:4438) 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.

Quang Viet Enterprise Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=114.50/73.69
=1.55

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Quang Viet Enterprise Co was 1.59. The lowest was 1.45. And the median was 1.54.


Be Aware

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


Quang Viet Enterprise Co Cyclically Adjusted Book per Share Related Terms

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


Quang Viet Enterprise Co (TPE:4438) Business Description

Traded in Other Exchanges
N/A
Address
No. 607, Ruiguang Road, 6th Floor, Neihu District, Taipei, TWN, 11492
Quang Viet Enterprise Co Ltd is a garment supplying company. The company is engaged in the manufacturing, processing, and sale of garments and raw materials. The company generates the majority of its revenue from the Garment segment. The products of the company include Down jackets, Fiberfill jackets, Light jackets & parkas, and Others. The company's geographical segments are North America, China, Europe, Japan, Russia, and Others.

Quang Viet Enterprise Co (TPE:4438) Headlines

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