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Giantplus Technology Co (TPE:8105) Cyclically Adjusted Book per Share : NT$21.22 (As of Mar. 2024)


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What is Giantplus Technology 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.

Giantplus Technology Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$18.035. 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$21.22 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Giantplus Technology Co's average Cyclically Adjusted Book Growth Rate was 1.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.50% 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 Giantplus Technology Co was 2.60% per year. The lowest was 0.50% per year. And the median was 1.90% per year.

As of today (2024-06-04), Giantplus Technology Co's current stock price is NT$14.55. Giantplus Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$21.22. Giantplus Technology Co's Cyclically Adjusted PB Ratio of today is 0.69.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Giantplus Technology Co was 0.89. The lowest was 0.40. And the median was 0.62.


Giantplus Technology Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Giantplus Technology 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.

Giantplus Technology Co Cyclically Adjusted Book per Share Chart

Giantplus Technology 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 19.47 19.37 19.94 20.58 20.92

Giantplus Technology 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 20.82 20.96 21.07 20.92 21.22

Competitive Comparison of Giantplus Technology Co's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Giantplus Technology 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.


Giantplus Technology Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Giantplus Technology 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, Giantplus Technology 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)
=18.035/131.7762*131.7762
=18.035

Current CPI (Mar. 2024) = 131.7762.

Giantplus Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.023 100.560 20.997
201409 16.308 100.428 21.399
201412 16.540 99.070 22.000
201503 16.340 99.621 21.614
201506 16.383 100.684 21.442
201509 17.319 100.392 22.733
201512 17.370 99.792 22.937
201603 17.582 100.470 23.060
201606 17.812 101.688 23.082
201609 17.667 101.861 22.856
201612 18.205 101.863 23.551
201703 18.156 102.862 23.260
201706 18.518 103.349 23.612
201709 19.074 104.136 24.137
201712 19.251 104.011 24.390
201803 19.373 105.290 24.246
201806 19.311 106.317 23.935
201809 19.289 106.507 23.865
201812 18.658 105.998 23.196
201903 18.412 107.251 22.622
201906 20.379 108.070 24.849
201909 20.443 108.329 24.868
201912 18.319 108.420 22.265
202003 17.780 108.902 21.515
202006 17.401 108.767 21.082
202009 16.748 109.815 20.097
202012 15.783 109.897 18.925
202103 15.605 111.754 18.401
202106 15.576 114.631 17.906
202109 15.844 115.734 18.040
202112 16.189 117.630 18.136
202203 16.650 121.301 18.088
202206 16.939 125.017 17.855
202209 17.556 125.227 18.474
202212 17.623 125.222 18.545
202303 17.553 127.348 18.163
202306 17.666 128.729 18.084
202309 18.008 129.860 18.274
202312 17.933 129.419 18.260
202403 18.035 131.776 18.035

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


Giantplus Technology Co  (TPE:8105) 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.

Giantplus Technology Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14.55/21.22
=0.69

* 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 Giantplus Technology Co was 0.89. The lowest was 0.40. And the median was 0.62.


Be Aware

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


Giantplus Technology Co Cyclically Adjusted Book per Share Related Terms

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


Giantplus Technology Co (TPE:8105) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 15, Industrial Road, Lu-Chu Li, Miao-Li, Toufen, TWN
Giantplus Technology Co Ltd is a Taiwan-based company engaged in research, development, production, and sale of thin film transistor liquid crystal displays (TFT-LCDs). Geographically, it derives a majority of its revenue from Taiwan and also has a presence in other countries. Its product includes an LCD panel and module.

Giantplus Technology Co (TPE:8105) Headlines

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