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General Plastic Industrial Co (TPE:6128) Cyclically Adjusted Book per Share : NT$28.69 (As of Mar. 2024)


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What is General Plastic Industrial 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.

General Plastic Industrial Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$31.979. 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$28.69 for the trailing ten years ended in Mar. 2024.

During the past 12 months, General Plastic Industrial Co's average Cyclically Adjusted Book Growth Rate was 7.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.70% 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 General Plastic Industrial Co was 8.70% per year. The lowest was 7.50% per year. And the median was 8.10% per year.

As of today (2024-06-19), General Plastic Industrial Co's current stock price is NT$38.15. General Plastic Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$28.69. General Plastic Industrial Co's Cyclically Adjusted PB Ratio of today is 1.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of General Plastic Industrial Co was 1.52. The lowest was 1.06. And the median was 1.24.


General Plastic Industrial Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for General Plastic Industrial 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.

General Plastic Industrial Co Cyclically Adjusted Book per Share Chart

General Plastic Industrial 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 21.09 21.81 23.84 26.17 27.98

General Plastic Industrial 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 26.79 27.33 27.84 27.98 28.69

Competitive Comparison of General Plastic Industrial Co's Cyclically Adjusted Book per Share

For the Computer Hardware subindustry, General Plastic Industrial 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.


General Plastic Industrial Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, General Plastic Industrial Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where General Plastic Industrial Co's Cyclically Adjusted PB Ratio falls into.



General Plastic Industrial 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, General Plastic Industrial 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)
=31.979/131.7762*131.7762
=31.979

Current CPI (Mar. 2024) = 131.7762.

General Plastic Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.768 100.560 21.973
201409 17.500 100.428 22.963
201412 18.624 99.070 24.772
201503 19.160 99.621 25.344
201506 17.159 100.684 22.458
201509 18.466 100.392 24.239
201512 19.615 99.792 25.902
201603 20.486 100.470 26.869
201606 18.756 101.688 24.306
201609 17.783 101.861 23.006
201612 19.567 101.863 25.313
201703 18.919 102.862 24.237
201706 17.802 103.349 22.699
201709 17.964 104.136 22.732
201712 20.559 104.011 26.047
201803 25.688 105.290 32.150
201806 26.096 106.317 32.345
201809 26.088 106.507 32.278
201812 26.898 105.998 33.439
201903 27.789 107.251 34.144
201906 26.632 108.070 32.474
201909 27.133 108.329 33.006
201912 27.116 108.420 32.957
202003 27.474 108.902 33.245
202006 24.486 108.767 29.666
202009 24.592 109.815 29.510
202012 24.810 109.897 29.749
202103 25.172 111.754 29.682
202106 24.654 114.631 28.341
202109 25.016 115.734 28.483
202112 25.667 117.630 28.754
202203 27.325 121.301 29.685
202206 26.994 125.017 28.454
202209 30.587 125.227 32.187
202212 31.143 125.222 32.773
202303 29.825 127.348 30.862
202306 31.253 128.729 31.993
202309 32.777 129.860 33.261
202312 32.538 129.419 33.131
202403 31.979 131.776 31.979

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


General Plastic Industrial Co  (TPE:6128) 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.

General Plastic Industrial Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=38.15/28.69
=1.33

* 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 General Plastic Industrial Co was 1.52. The lowest was 1.06. And the median was 1.24.


Be Aware

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


General Plastic Industrial Co Cyclically Adjusted Book per Share Related Terms

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


General Plastic Industrial Co (TPE:6128) Business Description

Traded in Other Exchanges
N/A
Address
50. Tzu-Chiang Road, Wu-Chi Town, Taichung, TWN, 43547
General Plastic Industrial Co Ltd is a Taiwan-based company mainly engaged in the manufacture of copier and laser printer toner cartridges. The company provides OPC drum gears, multi-function toner, laser printer toner and copier toner cartridges, personal protective equipments.

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