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Desiccant Technology (TPE:5292) Cyclically Adjusted Book per Share : NT$27.19 (As of Mar. 2025)


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What is Desiccant Technology 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.

Desiccant Technology's adjusted book value per share data for the fiscal year that ended in Dec. 2024 was NT$43.992. 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$27.19 for the trailing ten years ended in Dec. 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 (2025-05-27), Desiccant Technology's current stock price is NT$ 148.50. Desiccant Technology's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2024 was NT$27.19. Desiccant Technology's Cyclically Adjusted PB Ratio of today is 5.46.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Desiccant Technology was 5.96. The lowest was 5.46. And the median was 5.79.


Desiccant Technology Cyclically Adjusted Book per Share Historical Data

The historical data trend for Desiccant Technology'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.

Desiccant Technology Cyclically Adjusted Book per Share Chart

Desiccant Technology 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 - - - - 27.19

Desiccant Technology Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 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 - - - 27.19 -

Competitive Comparison of Desiccant Technology's Cyclically Adjusted Book per Share

For the Pollution & Treatment Controls subindustry, Desiccant Technology'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.


Desiccant Technology's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Desiccant Technology's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Desiccant Technology 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, Desiccant Technology's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2024 was:

Adj_Book=Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=43.992/133.1571*133.1571
=43.992

Current CPI (Dec. 2024) = 133.1571.

Desiccant Technology Annual Data

Book Value per Share CPI Adj_Book
201512 0.000 99.792 0.000
201612 19.001 101.863 24.839
201712 19.504 104.011 24.969
201812 15.552 105.998 19.537
201912 15.522 108.420 19.063
202012 17.476 109.897 21.175
202112 20.255 117.630 22.929
202212 27.358 125.222 29.092
202312 37.994 129.419 39.091
202412 43.992 133.157 43.992

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


Desiccant Technology  (TPE:5292) 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.

Desiccant Technology's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=148.50/27.19
=5.46

* 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 10 years, the highest Cyclically Adjusted PB Ratio of Desiccant Technology was 5.96. The lowest was 5.46. And the median was 5.79.


Be Aware

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


Desiccant Technology Cyclically Adjusted Book per Share Related Terms

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


Desiccant Technology Business Description

Traded in Other Exchanges
N/A
Address
No.88, Zhongshan Road, 17th floor, Zhongli District, Taoyuan, TWN, 32041
Desiccant Technology Corp is a manufacturer of Volatile Organic Compounds equipment and industry dehumidifiers. It also provides engineering services with VOC equipment maintenance. Its products include VOCs exhaust abatement systems, Rotary regenerative thermal oxidizers, Catalytic thermal oxidizers, and Waste liquid/wastewater thermal oxidizer systems.

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