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Nan Liu Enterprise Co (TPE:6504) Cyclically Adjusted Book per Share : NT$50.62 (As of Mar. 2024)


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What is Nan Liu Enterprise 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.

Nan Liu Enterprise Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$50.451. 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$50.62 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Nan Liu Enterprise Co's average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.40% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Nan Liu Enterprise Co was 11.40% per year. The lowest was 11.40% per year. And the median was 11.40% per year.

As of today (2024-06-09), Nan Liu Enterprise Co's current stock price is NT$73.30. Nan Liu Enterprise Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$50.62. Nan Liu Enterprise Co's Cyclically Adjusted PB Ratio of today is 1.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nan Liu Enterprise Co was 9.32. The lowest was 1.37. And the median was 1.93.


Nan Liu Enterprise Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nan Liu Enterprise 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.

Nan Liu Enterprise Co Cyclically Adjusted Book per Share Chart

Nan Liu Enterprise 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 - 35.76 41.39 46.17 49.41

Nan Liu Enterprise 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 47.51 48.45 49.28 49.41 50.62

Competitive Comparison of Nan Liu Enterprise Co's Cyclically Adjusted Book per Share

For the Household & Personal Products subindustry, Nan Liu Enterprise 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.


Nan Liu Enterprise Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nan Liu Enterprise Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nan Liu Enterprise Co's Cyclically Adjusted PB Ratio falls into.



Nan Liu Enterprise 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, Nan Liu Enterprise 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)
=50.451/131.7762*131.7762
=50.451

Current CPI (Mar. 2024) = 131.7762.

Nan Liu Enterprise Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 27.568 100.560 36.126
201409 29.660 100.428 38.918
201412 32.304 99.070 42.969
201503 34.044 99.621 45.033
201506 32.913 100.684 43.077
201509 36.217 100.392 47.539
201512 36.687 99.792 48.445
201603 38.110 100.470 49.985
201606 35.053 101.688 45.425
201609 35.698 101.861 46.182
201612 37.488 101.863 48.497
201703 37.387 102.862 47.896
201706 34.850 103.349 44.436
201709 37.319 104.136 47.225
201712 39.578 104.011 50.143
201803 41.726 105.290 52.223
201806 39.114 106.317 48.481
201809 39.889 106.507 49.353
201812 42.231 105.998 52.501
201903 44.926 107.251 55.200
201906 40.675 108.070 49.598
201909 41.274 108.329 50.207
201912 42.776 108.420 51.991
202003 44.401 108.902 53.727
202006 44.774 108.767 54.246
202009 52.105 109.815 62.525
202012 58.791 109.897 70.496
202103 60.219 111.754 71.008
202106 48.188 114.631 55.395
202109 48.342 115.734 55.043
202112 48.058 117.630 53.838
202203 49.653 121.301 53.941
202206 48.411 125.017 51.028
202209 49.402 125.227 51.986
202212 48.211 125.222 50.734
202303 48.566 127.348 50.255
202306 47.995 128.729 49.131
202309 49.610 129.860 50.342
202312 48.235 129.419 49.113
202403 50.451 131.776 50.451

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


Nan Liu Enterprise Co  (TPE:6504) 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.

Nan Liu Enterprise Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=73.30/50.62
=1.45

* 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 Nan Liu Enterprise Co was 9.32. The lowest was 1.37. And the median was 1.93.


Be Aware

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


Nan Liu Enterprise Co Cyclically Adjusted Book per Share Related Terms

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


Nan Liu Enterprise Co (TPE:6504) Business Description

Traded in Other Exchanges
N/A
Address
No. 699, Silin Road,, Yanchao District,, Kaohsiung County, TWN
Nan Liu Enterprise Co Ltd is a Taiwan-based company that is principally engaged in manufacturing and selling fabric materials, household goods, and skincare goods. The company's products consist of spunlace nonwoven fabrics, air-through/thermal-bonded nonwoven fabrics, disposable surgical gowns fabrics, wet wipes, and cosmetics. The company has a vertical integrated production process, from fabrics to secondary processing and then to finished products. The company distributes its products in Asia, especially in Taiwan, Mainland China, and Japan, which jointly contribute the majority of its total revenue.

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