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Aten International Co (TPE:6277) Cyclically Adjusted Book per Share : NT$40.21 (As of Mar. 2024)


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What is Aten International 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.

Aten International Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$38.415. 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$40.21 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Aten International Co's average Cyclically Adjusted Book Growth Rate was 4.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.90% 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 Aten International Co was 7.90% per year. The lowest was 7.60% per year. And the median was 7.75% per year.

As of today (2024-06-10), Aten International Co's current stock price is NT$82.90. Aten International Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$40.21. Aten International Co's Cyclically Adjusted PB Ratio of today is 2.06.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Aten International Co was 3.20. The lowest was 1.98. And the median was 2.44.


Aten International Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Aten International 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.

Aten International Co Cyclically Adjusted Book per Share Chart

Aten International 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 30.25 31.45 34.67 37.70 39.49

Aten International 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 38.47 39.08 39.54 39.49 40.21

Competitive Comparison of Aten International Co's Cyclically Adjusted Book per Share

For the Computer Hardware subindustry, Aten International 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.


Aten International Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Aten International Co's Cyclically Adjusted PB Ratio falls into.



Aten International 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, Aten International 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)
=38.415/131.7762*131.7762
=38.415

Current CPI (Mar. 2024) = 131.7762.

Aten International Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 25.559 100.560 33.493
201409 27.206 100.428 35.698
201412 28.961 99.070 38.522
201503 30.252 99.621 40.017
201506 25.709 100.684 33.648
201509 27.726 100.392 36.394
201512 28.947 99.792 38.225
201603 30.692 100.470 40.255
201606 26.801 101.688 34.731
201609 28.453 101.861 36.809
201612 30.241 101.863 39.122
201703 31.376 102.862 40.196
201706 26.975 103.349 34.395
201709 28.591 104.136 36.180
201712 30.283 104.011 38.367
201803 31.766 105.290 39.757
201806 27.981 106.317 34.682
201809 31.326 106.507 38.758
201812 37.640 105.998 46.794
201903 38.647 107.251 47.485
201906 31.943 108.070 38.950
201909 33.325 108.329 40.538
201912 35.547 108.420 43.205
202003 32.599 108.902 39.446
202006 39.977 108.767 48.434
202009 38.826 109.815 46.591
202012 40.070 109.897 48.048
202103 38.176 111.754 45.016
202106 39.049 114.631 44.889
202109 37.707 115.734 42.934
202112 39.192 117.630 43.905
202203 37.662 121.301 40.914
202206 38.777 125.017 40.874
202209 38.140 125.227 40.135
202212 40.385 125.222 42.499
202303 38.655 127.348 39.999
202306 39.505 128.729 40.440
202309 38.555 129.860 39.124
202312 39.675 129.419 40.398
202403 38.415 131.776 38.415

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


Aten International Co  (TPE:6277) 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.

Aten International Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=82.90/40.21
=2.06

* 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 Aten International Co was 3.20. The lowest was 1.98. And the median was 2.44.


Be Aware

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


Aten International Co Cyclically Adjusted Book per Share Related Terms

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


Aten International Co (TPE:6277) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3rd Floor, Number 125, Sector 2, Datung Road, Xizhi District, New Taipei City, TWN, 221
Aten International Co Ltd is a Taiwan-based manufacturer of components for connectivity and access management hardware. Its product portfolio includes keyboard, video and mouse (KVM) switches, audiovisual switches and matrices, intelligent power distribution units, information technology management systems, and interface adapters. Aten's solutions include high-end server management solutions, integrated video solutions for corporate and commercial home theater applications, and energy efficiency solutions. Its segments include computer peripheral equipment and specialized printing segment. The firm has operations in the United States, Belgium, Japan, and China.

Aten International Co (TPE:6277) Headlines

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