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JMC Electronics Co (TPE:6552) Cyclically Adjusted Book per Share : NT$29.08 (As of Mar. 2024)


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What is JMC Electronics 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.

JMC Electronics Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$31.890. 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$29.08 for the trailing ten years ended in Mar. 2024.

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 (2024-05-22), JMC Electronics Co's current stock price is NT$48.35. JMC Electronics Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$29.08. JMC Electronics Co's Cyclically Adjusted PB Ratio of today is 1.66.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of JMC Electronics Co was 1.77. The lowest was 1.18. And the median was 1.50.


JMC Electronics Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for JMC Electronics 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.

JMC Electronics Co Cyclically Adjusted Book per Share Chart

JMC Electronics Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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JMC Electronics 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 - - - - 29.08

Competitive Comparison of JMC Electronics Co's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, JMC Electronics 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.


JMC Electronics Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, JMC Electronics Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



JMC Electronics 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, JMC Electronics 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)
=31.89/131.7762*131.7762
=31.890

Current CPI (Mar. 2024) = 131.7762.

JMC Electronics Co Quarterly Data

Book Value per Share CPI Adj_Book
201312 10.476 98.326 14.040
201406 0.000 100.560 0.000
201412 12.524 99.070 16.659
201503 0.000 99.621 0.000
201506 17.715 100.684 23.186
201509 0.000 100.392 0.000
201512 18.891 99.792 24.946
201603 19.318 100.470 25.337
201606 19.451 101.688 25.206
201609 19.899 101.861 25.743
201612 20.346 101.863 26.321
201703 21.102 102.862 27.034
201706 20.254 103.349 25.825
201709 20.314 104.136 25.706
201712 20.593 104.011 26.090
201803 20.789 105.290 26.019
201806 20.717 106.317 25.678
201809 21.298 106.507 26.351
201812 22.707 105.998 28.229
201903 24.363 107.251 29.934
201906 23.862 108.070 29.096
201909 26.110 108.329 31.761
201912 27.195 108.420 33.053
202003 26.693 108.902 32.300
202006 25.533 108.767 30.934
202009 24.735 109.815 29.682
202012 27.313 109.897 32.751
202103 29.940 111.754 35.304
202106 28.704 114.631 32.997
202109 31.267 115.734 35.601
202112 33.779 117.630 37.841
202203 33.958 121.301 36.891
202206 30.602 125.017 32.257
202209 29.938 125.227 31.504
202212 29.277 125.222 30.809
202303 33.191 127.348 34.345
202306 32.345 128.729 33.111
202309 30.111 129.860 30.555
202312 30.483 129.419 31.038
202403 31.890 131.776 31.890

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


JMC Electronics Co  (TPE:6552) 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.

JMC Electronics Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=48.35/29.08
=1.66

* 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 12 years, the highest Cyclically Adjusted PB Ratio of JMC Electronics Co was 1.77. The lowest was 1.18. And the median was 1.50.


Be Aware

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


JMC Electronics Co Cyclically Adjusted Book per Share Related Terms

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


JMC Electronics Co (TPE:6552) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 8, Xinkai Road,, Nan-Tze Export Processing Zone Kaohsiung, Nanzi District,, Kaohsiung, TWN
JMC Electronics Co Ltd is a Taiwan-based company. It is engaged in manufacturing, processing, and trading of Chip on Film.

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