GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Primax Electronics Ltd (TPE:4915) » Definitions » Cyclically Adjusted Book per Share

Primax Electronics (TPE:4915) Cyclically Adjusted Book per Share : NT$34.84 (As of Mar. 2025)


View and export this data going back to 2012. Start your Free Trial

What is Primax Electronics 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.

Primax Electronics's adjusted book value per share for the three months ended in Mar. 2025 was NT$44.853. 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$34.84 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Primax Electronics's average Cyclically Adjusted Book Growth Rate was 6.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.30% 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 Primax Electronics was 10.70% per year. The lowest was 9.30% per year. And the median was 10.00% per year.

As of today (2025-05-30), Primax Electronics's current stock price is NT$78.00. Primax Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$34.84. Primax Electronics's Cyclically Adjusted PB Ratio of today is 2.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Primax Electronics was 3.37. The lowest was 1.81. And the median was 2.14.


Primax Electronics Cyclically Adjusted Book per Share Historical Data

The historical data trend for Primax Electronics'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.

Primax Electronics Cyclically Adjusted Book per Share Chart

Primax Electronics 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 23.37 26.06 29.34 31.68 34.00

Primax Electronics 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 32.63 33.16 33.61 34.00 34.84

Competitive Comparison of Primax Electronics's Cyclically Adjusted Book per Share

For the Computer Hardware subindustry, Primax Electronics'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.


Primax Electronics's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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


;
;

Primax Electronics 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, Primax Electronics'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)
=44.853/134.9266*134.9266
=44.853

Current CPI (Mar. 2025) = 134.9266.

Primax Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201506 20.634 100.684 27.652
201509 22.194 100.392 29.829
201512 23.642 99.792 31.966
201603 24.362 100.470 32.717
201606 22.876 101.688 30.353
201609 24.038 101.861 31.841
201612 24.879 101.863 32.955
201703 24.770 102.862 32.491
201706 23.926 103.349 31.236
201709 25.552 104.136 33.107
201712 25.545 104.011 33.138
201803 26.567 105.290 34.045
201806 23.986 106.317 30.441
201809 24.707 106.507 31.300
201812 25.982 105.998 33.073
201903 27.364 107.251 34.425
201906 25.647 108.070 32.021
201909 26.619 108.329 33.155
201912 27.438 108.420 34.146
202003 27.777 108.902 34.415
202006 26.048 108.767 32.313
202009 28.079 109.815 34.500
202012 29.470 109.897 36.182
202103 30.437 111.754 36.748
202106 28.526 114.631 33.576
202109 29.985 115.734 34.957
202112 31.137 117.630 35.716
202203 33.656 121.301 37.437
202206 32.249 125.017 34.805
202209 34.490 125.227 37.162
202212 35.670 125.222 38.434
202303 37.054 127.348 39.259
202306 34.005 128.729 35.642
202309 36.844 129.860 38.282
202312 36.748 129.419 38.312
202403 39.335 131.776 40.275
202406 37.440 132.554 38.110
202409 38.959 133.029 39.515
202412 42.588 133.157 43.154
202503 44.853 134.927 44.853

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


Primax Electronics  (TPE:4915) 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.

Primax Electronics's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=78.00/34.84
=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 Primax Electronics was 3.37. The lowest was 1.81. And the median was 2.14.


Be Aware

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


Primax Electronics Cyclically Adjusted Book per Share Related Terms

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


Primax Electronics Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 669, Ruey Kuang Road, Neihu District, Taipei, TWN, 11492
Primax Electronics Ltd is a manufacturer of components for mobile devices, personal computer peripherals, business equipment, and the digital home, that operates in two business segments; The division for computer peripherals specializes in the manufacture and sale of computer mice, keyboards, trackpads, etc. The division for non-computer peripherals specializes in the manufacture and sale of digital camera modules, mobile phone accessories, multi-function printers, scanners, shredders, amplifiers, speakers and audio systems, etc. The company derives the majority of its revenue from the non-computer peripherals segment. Geographically, it derives maximum revenue from China.

Primax Electronics Headlines

No Headlines