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Tainergy Tech Co (TPE:4934) Cyclically Adjusted Book per Share : NT$18.59 (As of Dec. 2024)


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What is Tainergy Tech 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.

Tainergy Tech Co's adjusted book value per share for the three months ended in Dec. 2024 was NT$7.464. 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$18.59 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Tainergy Tech Co's average Cyclically Adjusted Book Growth Rate was -10.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -7.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -8.10% 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 Tainergy Tech Co was -7.60% per year. The lowest was -8.20% per year. And the median was -7.90% per year.

As of today (2025-05-13), Tainergy Tech Co's current stock price is NT$10.40. Tainergy Tech Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was NT$18.59. Tainergy Tech Co's Cyclically Adjusted PB Ratio of today is 0.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tainergy Tech Co was 1.72. The lowest was 0.28. And the median was 1.11.


Tainergy Tech Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tainergy Tech 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.

Tainergy Tech Co Cyclically Adjusted Book per Share Chart

Tainergy Tech Co 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 26.46 23.82 22.24 20.85 18.59

Tainergy Tech Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 20.85 20.58 20.00 19.35 18.59

Competitive Comparison of Tainergy Tech Co's Cyclically Adjusted Book per Share

For the Solar subindustry, Tainergy Tech 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.


Tainergy Tech Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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


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Tainergy Tech 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, Tainergy Tech Co's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=7.464/133.1571*133.1571
=7.464

Current CPI (Dec. 2024) = 133.1571.

Tainergy Tech Co Quarterly Data

Book Value per Share CPI Adj_Book
201503 28.600 99.621 38.228
201506 27.819 100.684 36.791
201509 28.747 100.392 38.129
201512 29.722 99.792 39.659
201603 30.514 100.470 40.441
201606 29.850 101.688 39.088
201609 27.478 101.861 35.920
201612 26.253 101.863 34.318
201703 24.249 102.862 31.391
201706 22.438 103.349 28.910
201709 22.386 104.136 28.625
201712 21.040 104.011 26.936
201803 19.971 105.290 25.257
201806 17.951 106.317 22.483
201809 15.108 106.507 18.888
201812 11.224 105.998 14.100
201903 11.427 107.251 14.187
201906 11.113 108.070 13.693
201909 10.950 108.329 13.460
201912 8.896 108.420 10.926
202003 8.784 108.902 10.740
202006 8.992 108.767 11.008
202009 8.903 109.815 10.795
202012 8.784 109.897 10.643
202103 8.258 111.754 9.840
202106 7.675 114.631 8.915
202109 9.105 115.734 10.476
202112 7.484 117.630 8.472
202203 7.274 121.301 7.985
202206 7.219 125.017 7.689
202209 8.869 125.227 9.431
202212 9.658 125.222 10.270
202303 9.871 127.348 10.321
202306 10.100 128.729 10.447
202309 10.649 129.860 10.919
202312 9.388 129.419 9.659
202403 9.192 131.776 9.288
202406 9.093 132.554 9.134
202409 8.783 133.029 8.791
202412 7.464 133.157 7.464

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


Tainergy Tech Co  (TPE:4934) 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.

Tainergy Tech Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.40/18.59
=0.56

* 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 Tainergy Tech Co was 1.72. The lowest was 0.28. And the median was 1.11.


Be Aware

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


Tainergy Tech Co Cyclically Adjusted Book per Share Related Terms

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


Tainergy Tech Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
Ziqiang 1st Road, No. 5, Zhongli Industrial Park Service Center, Fuxing Village, Zhongli District, Taoyuan, TWN
Tainergy Tech Co Ltd is engaged in designing, developing, manufacturing, and marketing solar cells and related systems. The company provides six-inch multi-crystalline solar cells, solar energy application systems, solar refrigerator systems, and solar air conditioner systems. Its products are used in mini-size computers, battery chargers & solar electrical bicycles. The reportable segments of the company are; the Solar Power Department, and the Silicon Carbide Department. The majority of the company's revenue is generated from the Solar power department which is engaged in the production and sale of solar modules and related products.

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