GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Prime Electronics & Satellitics Inc (TPE:6152) » Definitions » Cyclically Adjusted Book per Share

Prime Electronics &tellitics (TPE:6152) Cyclically Adjusted Book per Share : NT$12.91 (As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Prime Electronics &tellitics 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.

Prime Electronics &tellitics's adjusted book value per share for the three months ended in Mar. 2024 was NT$8.668. 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$12.91 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Prime Electronics &tellitics'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 -4.10% 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 Prime Electronics &tellitics was -2.90% per year. The lowest was -4.10% per year. And the median was -3.50% per year.

As of today (2024-06-17), Prime Electronics &tellitics's current stock price is NT$12.50. Prime Electronics &tellitics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$12.91. Prime Electronics &tellitics's Cyclically Adjusted PB Ratio of today is 0.97.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Prime Electronics &tellitics was 0.96. The lowest was 0.28. And the median was 0.70.


Prime Electronics &tellitics Cyclically Adjusted Book per Share Historical Data

The historical data trend for Prime Electronics &tellitics'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.

Prime Electronics &tellitics Cyclically Adjusted Book per Share Chart

Prime Electronics &tellitics 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 15.47 14.83 14.67 14.18 13.08

Prime Electronics &tellitics 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 14.02 13.79 13.53 13.08 12.91

Competitive Comparison of Prime Electronics &tellitics's Cyclically Adjusted Book per Share

For the Communication Equipment subindustry, Prime Electronics &tellitics'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.


Prime Electronics &tellitics's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Prime Electronics &tellitics 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, Prime Electronics &tellitics'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)
=8.668/131.7762*131.7762
=8.668

Current CPI (Mar. 2024) = 131.7762.

Prime Electronics &tellitics Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.750 100.560 21.950
201409 16.415 100.428 21.539
201412 16.177 99.070 21.518
201503 15.638 99.621 20.686
201506 14.866 100.684 19.457
201509 14.993 100.392 19.680
201512 14.253 99.792 18.821
201603 13.306 100.470 17.452
201606 12.728 101.688 16.494
201609 12.562 101.861 16.251
201612 13.048 101.863 16.880
201703 12.297 102.862 15.754
201706 12.468 103.349 15.897
201709 12.400 104.136 15.691
201712 11.683 104.011 14.802
201803 10.914 105.290 13.660
201806 10.176 106.317 12.613
201809 9.762 106.507 12.078
201812 8.196 105.998 10.189
201903 7.879 107.251 9.681
201906 7.930 108.070 9.670
201909 7.920 108.329 9.634
201912 8.036 108.420 9.767
202003 7.770 108.902 9.402
202006 7.654 108.767 9.273
202009 7.846 109.815 9.415
202012 8.260 109.897 9.904
202103 8.002 111.754 9.436
202106 7.777 114.631 8.940
202109 7.808 115.734 8.890
202112 8.158 117.630 9.139
202203 8.356 121.301 9.078
202206 8.525 125.017 8.986
202209 8.992 125.227 9.462
202212 9.090 125.222 9.566
202303 8.819 127.348 9.126
202306 8.750 128.729 8.957
202309 8.950 129.860 9.082
202312 8.890 129.419 9.052
202403 8.668 131.776 8.668

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


Prime Electronics &tellitics  (TPE:6152) 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.

Prime Electronics &tellitics's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.50/12.91
=0.97

* 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 Prime Electronics &tellitics was 0.96. The lowest was 0.28. And the median was 0.70.


Be Aware

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


Prime Electronics &tellitics Cyclically Adjusted Book per Share Related Terms

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


Prime Electronics &tellitics (TPE:6152) Business Description

Traded in Other Exchanges
N/A
Address
69 Tung-Yuan Rd., Chung-Li Industrial Park, Chung-Li City, TWN, 32063
Prime Electronics & Satellitics Inc is a Taiwan-based company engaged in developing and manufacturing advanced digital satellite communication and wireless consumer electronic products, such as wired and wireless equipment as well as telecom control RF equipment.

Prime Electronics &tellitics (TPE:6152) Headlines

No Headlines