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Shun On Electronic Co (TPE:6283) Cyclically Adjusted Book per Share : NT$13.83 (As of Mar. 2024)


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What is Shun On Electronic 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.

Shun On Electronic Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$10.828. 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$13.83 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shun On Electronic Co's average Cyclically Adjusted Book Growth Rate was -3.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.00% 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 Shun On Electronic Co was -1.40% per year. The lowest was -2.00% per year. And the median was -1.70% per year.

As of today (2024-06-06), Shun On Electronic Co's current stock price is NT$30.60. Shun On Electronic Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$13.83. Shun On Electronic Co's Cyclically Adjusted PB Ratio of today is 2.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Shun On Electronic Co was 4.57. The lowest was 0.83. And the median was 2.26.


Shun On Electronic Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Shun On Electronic 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.

Shun On Electronic Co Cyclically Adjusted Book per Share Chart

Shun On Electronic 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 14.93 14.64 14.38 14.33 13.79

Shun On Electronic 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 14.31 14.19 14.06 13.79 13.83

Competitive Comparison of Shun On Electronic Co's Cyclically Adjusted Book per Share

For the Consumer Electronics subindustry, Shun On Electronic 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.


Shun On Electronic Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Shun On Electronic Co's Cyclically Adjusted PB Ratio falls into.



Shun On Electronic 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, Shun On Electronic 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)
=10.828/131.7762*131.7762
=10.828

Current CPI (Mar. 2024) = 131.7762.

Shun On Electronic Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.466 100.560 17.646
201409 10.988 100.428 14.418
201412 9.835 99.070 13.082
201503 10.046 99.621 13.289
201506 10.020 100.684 13.114
201509 10.162 100.392 13.339
201512 10.070 99.792 13.297
201603 10.052 100.470 13.184
201606 9.974 101.688 12.925
201609 10.129 101.861 13.104
201612 10.565 101.863 13.668
201703 10.426 102.862 13.357
201706 10.560 103.349 13.465
201709 10.157 104.136 12.853
201712 10.142 104.011 12.849
201803 10.074 105.290 12.608
201806 10.272 106.317 12.732
201809 13.325 106.507 16.486
201812 13.436 105.998 16.704
201903 13.548 107.251 16.646
201906 13.642 108.070 16.635
201909 13.524 108.329 16.451
201912 13.288 108.420 16.151
202003 12.532 108.902 15.164
202006 12.833 108.767 15.548
202009 12.819 109.815 15.383
202012 12.890 109.897 15.456
202103 12.386 111.754 14.605
202106 11.960 114.631 13.749
202109 11.489 115.734 13.081
202112 12.388 117.630 13.878
202203 12.462 121.301 13.538
202206 12.351 125.017 13.019
202209 12.156 125.227 12.792
202212 11.804 125.222 12.422
202303 11.480 127.348 11.879
202306 11.220 128.729 11.486
202309 11.359 129.860 11.527
202312 10.589 129.419 10.782
202403 10.828 131.776 10.828

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


Shun On Electronic Co  (TPE:6283) 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.

Shun On Electronic Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=30.60/13.83
=2.21

* 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 Shun On Electronic Co was 4.57. The lowest was 0.83. And the median was 2.26.


Be Aware

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


Shun On Electronic Co Cyclically Adjusted Book per Share Related Terms

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


Shun On Electronic Co (TPE:6283) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Lane 146,Xinhu 2nd Road, 2nd floor, No 19, Neihu District, Taipei, TWN, 11494
Shun On Electronic Co Ltd is a Taiwan-based company engaged in the research, manufacturing, and sales of intelligent products, including conductive films and automotive products. It offers membranes, overlays and domes, keypads, housing, and touch keys for mobile phones.

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