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Everfocus Electronics (TPE:5484) Cyclically Adjusted Book per Share : NT$16.93 (As of Mar. 2024)


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What is Everfocus 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.

Everfocus Electronics's adjusted book value per share for the three months ended in Mar. 2024 was NT$8.635. 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$16.93 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Everfocus Electronics's average Cyclically Adjusted Book Growth Rate was -7.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -4.90% 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 Everfocus Electronics was -3.80% per year. The lowest was -4.90% per year. And the median was -4.35% per year.

As of today (2024-05-30), Everfocus Electronics's current stock price is NT$25.65. Everfocus Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$16.93. Everfocus Electronics's Cyclically Adjusted PB Ratio of today is 1.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Everfocus Electronics was 1.70. The lowest was 0.41. And the median was 0.81.


Everfocus Electronics Cyclically Adjusted Book per Share Historical Data

The historical data trend for Everfocus 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.

Everfocus Electronics Cyclically Adjusted Book per Share Chart

Everfocus Electronics 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 20.89 19.91 19.30 18.59 17.14

Everfocus Electronics 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 18.39 18.07 17.71 17.14 16.93

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

For the Security & Protection Services subindustry, Everfocus 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.


Everfocus Electronics's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Everfocus Electronics's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Everfocus 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, Everfocus Electronics'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)
=8.635/131.7762*131.7762
=8.635

Current CPI (Mar. 2024) = 131.7762.

Everfocus Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201406 21.432 100.560 28.085
201409 21.358 100.428 28.025
201412 20.576 99.070 27.369
201503 20.067 99.621 26.544
201506 19.070 100.684 24.959
201509 18.722 100.392 24.575
201512 17.969 99.792 23.728
201603 17.926 100.470 23.512
201606 18.173 101.688 23.550
201609 18.347 101.861 23.735
201612 18.121 101.863 23.443
201703 17.521 102.862 22.446
201706 17.345 103.349 22.116
201709 16.823 104.136 21.288
201712 16.078 104.011 20.370
201803 15.577 105.290 19.496
201806 15.112 106.317 18.731
201809 13.625 106.507 16.858
201812 12.731 105.998 15.827
201903 12.402 107.251 15.238
201906 11.914 108.070 14.528
201909 11.426 108.329 13.899
201912 10.920 108.420 13.272
202003 10.000 108.902 12.100
202006 10.609 108.767 12.853
202009 10.639 109.815 12.767
202012 10.128 109.897 12.144
202103 10.102 111.754 11.912
202106 9.987 114.631 11.481
202109 9.617 115.734 10.950
202112 9.645 117.630 10.805
202203 12.384 121.301 13.453
202206 9.594 125.017 10.113
202209 9.527 125.227 10.025
202212 9.535 125.222 10.034
202303 9.735 127.348 10.074
202306 9.531 128.729 9.757
202309 9.261 129.860 9.398
202312 8.873 129.419 9.035
202403 8.635 131.776 8.635

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


Everfocus Electronics  (TPE:5484) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=25.65/16.93
=1.52

* 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 Everfocus Electronics was 1.70. The lowest was 0.41. And the median was 0.81.


Be Aware

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


Everfocus Electronics Cyclically Adjusted Book per Share Related Terms

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


Everfocus Electronics (TPE:5484) Business Description

Traded in Other Exchanges
N/A
Address
Beishen Road, Shenkeng District, 2nd Floor, No. 8, Lane 270, Section 3, New Taipei City, TWN
Everfocus Electronics Corp provides diversified surveillance solutions. The Company is engaged in the design, manufacture, installation, sales and import/export of all kinds of surveillance products such as video processors and electronic cameras. It is a manufacturer and integrated system solution provider of CCTV cameras, DVRs, IP surveillance solutions, access control systems, and further CCTV and access control peripherals. The company's solutions used in transportation, and city surveillance.

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