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Voltronic Power Technology (TPE:6409) Cyclically Adjusted Book per Share : NT$67.23 (As of Mar. 2024)


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What is Voltronic Power Technology 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.

Voltronic Power Technology's adjusted book value per share for the three months ended in Mar. 2024 was NT$107.902. 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$67.23 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Voltronic Power Technology's average Cyclically Adjusted Book Growth Rate was 13.40% 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.

As of today (2024-06-12), Voltronic Power Technology's current stock price is NT$1740.00. Voltronic Power Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$67.23. Voltronic Power Technology's Cyclically Adjusted PB Ratio of today is 25.88.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Voltronic Power Technology was 36.86. The lowest was 20.69. And the median was 27.84.


Voltronic Power Technology Cyclically Adjusted Book per Share Historical Data

The historical data trend for Voltronic Power Technology'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.

Voltronic Power Technology Cyclically Adjusted Book per Share Chart

Voltronic Power Technology 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 - - 49.15 56.40 64.53

Voltronic Power Technology 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 59.31 61.21 63.19 64.53 67.23

Competitive Comparison of Voltronic Power Technology's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, Voltronic Power Technology'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.


Voltronic Power Technology's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Voltronic Power Technology's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Voltronic Power Technology's Cyclically Adjusted PB Ratio falls into.



Voltronic Power Technology 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, Voltronic Power Technology'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)
=107.902/131.7762*131.7762
=107.902

Current CPI (Mar. 2024) = 131.7762.

Voltronic Power Technology Quarterly Data

Book Value per Share CPI Adj_Book
201406 32.231 100.560 42.236
201409 35.859 100.428 47.052
201412 39.542 99.070 52.596
201503 42.894 99.621 56.739
201506 37.798 100.684 49.470
201509 43.673 100.392 57.326
201512 47.264 99.792 62.412
201603 50.852 100.470 66.697
201606 41.988 101.688 54.412
201609 44.846 101.861 58.017
201612 49.419 101.863 63.932
201703 52.162 102.862 66.824
201706 39.121 103.349 49.882
201709 43.719 104.136 55.323
201712 48.167 104.011 61.025
201803 52.444 105.290 65.637
201806 39.962 106.317 49.532
201809 45.472 106.507 56.261
201812 51.296 105.998 63.771
201903 56.687 107.251 69.650
201906 44.177 108.070 53.868
201909 50.124 108.329 60.973
201912 55.791 108.420 67.810
202003 60.656 108.902 73.397
202006 47.316 108.767 57.325
202009 55.103 109.815 66.123
202012 61.058 109.897 73.214
202103 66.637 111.754 78.576
202106 50.120 114.631 57.616
202109 57.311 115.734 65.255
202112 65.291 117.630 73.143
202203 73.666 121.301 80.028
202206 63.795 125.017 67.244
202209 81.699 125.227 85.972
202212 95.067 125.222 100.043
202303 105.175 127.348 108.832
202306 75.639 128.729 77.430
202309 87.515 129.860 88.807
202312 95.267 129.419 97.002
202403 107.902 131.776 107.902

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


Voltronic Power Technology  (TPE:6409) 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.

Voltronic Power Technology's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1740.00/67.23
=25.88

* 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 Voltronic Power Technology was 36.86. The lowest was 20.69. And the median was 27.84.


Be Aware

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


Voltronic Power Technology Cyclically Adjusted Book per Share Related Terms

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


Voltronic Power Technology (TPE:6409) Business Description

Traded in Other Exchanges
N/A
Address
No. 406, Xinhu 1st Road, Neihu District, Taipei, TWN
Voltronic Power Technology Corp is a Taiwan-based company that manufactures and distributes uninterruptible power supplies (UPSs), photovoltaic products, and electronic materials. Voltronic's product portfolio includes solar power pump inverters, off-grid inverters, standby UPSs, online and off-line UPSs, line interactive UPSs, automatic voltage regulators (AVRs), bypass switches, simple network management protocol cards, modbus cards, and rack towers. The firm has four manufacturing facilities in China and Taiwan.

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