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Radiant Opto-Electronics (TPE:6176) Cyclically Adjusted Book per Share : NT$67.73 (As of Mar. 2024)


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What is Radiant Opto-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.

Radiant Opto-Electronics's adjusted book value per share for the three months ended in Mar. 2024 was NT$79.290. 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$67.73 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Radiant Opto-Electronics's average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.70% 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 Radiant Opto-Electronics was 8.60% per year. The lowest was 7.50% per year. And the median was 8.00% per year.

As of today (2024-05-15), Radiant Opto-Electronics's current stock price is NT$198.50. Radiant Opto-Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$67.73. Radiant Opto-Electronics's Cyclically Adjusted PB Ratio of today is 2.93.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Radiant Opto-Electronics was 3.06. The lowest was 1.32. And the median was 1.96.


Radiant Opto-Electronics Cyclically Adjusted Book per Share Historical Data

The historical data trend for Radiant Opto-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.

Radiant Opto-Electronics Cyclically Adjusted Book per Share Chart

Radiant Opto-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 50.71 52.59 58.36 63.87 67.39

Radiant Opto-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 65.30 66.36 67.36 67.39 67.73

Competitive Comparison of Radiant Opto-Electronics's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Radiant Opto-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.


Radiant Opto-Electronics's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Radiant Opto-Electronics's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Radiant Opto-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, Radiant Opto-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)
=79.29/129.4194*129.4194
=79.290

Current CPI (Mar. 2024) = 129.4194.

Radiant Opto-Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201406 44.076 100.560 56.726
201409 47.031 100.428 60.608
201412 52.577 99.070 68.684
201503 52.547 99.621 68.265
201506 46.530 100.684 59.810
201509 50.701 100.392 65.361
201512 52.269 99.792 67.787
201603 52.319 100.470 67.394
201606 47.634 101.688 60.624
201609 47.802 101.861 60.735
201612 49.402 101.863 62.767
201703 47.998 102.862 60.390
201706 46.189 103.349 57.840
201709 48.567 104.136 60.359
201712 50.178 104.011 62.436
201803 51.071 105.290 62.775
201806 49.167 106.317 59.851
201809 51.308 106.507 62.346
201812 55.460 105.998 67.715
201903 59.478 107.251 71.772
201906 55.087 108.070 65.970
201909 58.362 108.329 69.724
201912 58.983 108.420 70.407
202003 60.225 108.902 71.572
202006 55.363 108.767 65.875
202009 59.483 109.815 70.102
202012 63.142 109.897 74.359
202103 66.456 111.754 76.961
202106 60.411 114.631 68.204
202109 63.472 115.734 70.977
202112 66.079 117.630 72.702
202203 72.379 121.301 77.223
202206 67.092 125.017 69.455
202209 71.455 125.227 73.847
202212 73.022 125.222 75.470
202303 74.760 127.348 75.976
202306 68.742 128.729 69.111
202309 74.156 129.860 73.905
202312 73.839 129.419 73.839
202403 79.290 129.419 79.290

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


Radiant Opto-Electronics  (TPE:6176) 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.

Radiant Opto-Electronics's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=198.50/67.73
=2.93

* 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 Radiant Opto-Electronics was 3.06. The lowest was 1.32. And the median was 1.96.


Be Aware

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


Radiant Opto-Electronics Cyclically Adjusted Book per Share Related Terms

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


Radiant Opto-Electronics (TPE:6176) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 1, Central 6th Road, Qianzhen District, Kaohsiung City, TWN
Radiant Opto-Electronics Corp is a Taiwan-based company that is principally engaged in designing, manufacturing, assembling, and marketing backlight modules. The Group has two reportable segments: the domestic segment and Mainland China segment. The domestic segment engages in the manufacture and sale of light guide plates, backlight modules for LCDs, and lighting component. The Mainland China segment uses the technologies provided by the domestic segment to develop new designs of products according to the demands of various customers. Majority of revenue is generated from Mainland China.

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