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Taiwan Hon Chuan Enterprise Co (TPE:9939) Cyclically Adjusted Book per Share : NT$53.29 (As of Sep. 2024)


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What is Taiwan Hon Chuan 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.

Taiwan Hon Chuan Enterprise Co's adjusted book value per share for the three months ended in Sep. 2024 was NT$61.676. 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$53.29 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Taiwan Hon Chuan Enterprise Co's average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.80% 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 Taiwan Hon Chuan Enterprise Co was 6.50% per year. The lowest was 5.70% per year. And the median was 5.70% per year.

As of today (2024-12-15), Taiwan Hon Chuan Enterprise Co's current stock price is NT$143.00. Taiwan Hon Chuan Enterprise Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was NT$53.29. Taiwan Hon Chuan Enterprise Co's Cyclically Adjusted PB Ratio of today is 2.68.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Taiwan Hon Chuan Enterprise Co was 3.34. The lowest was 1.05. And the median was 1.59.


Taiwan Hon Chuan Enterprise Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Taiwan Hon Chuan 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.

Taiwan Hon Chuan Enterprise Co Cyclically Adjusted Book per Share Chart

Taiwan Hon Chuan 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 41.75 42.52 46.00 49.34 51.36

Taiwan Hon Chuan Enterprise Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 51.41 51.36 52.36 52.85 53.29

Competitive Comparison of Taiwan Hon Chuan Enterprise Co's Cyclically Adjusted Book per Share

For the Packaging & Containers subindustry, Taiwan Hon Chuan 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.


Taiwan Hon Chuan Enterprise Co's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Taiwan Hon Chuan Enterprise Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Taiwan Hon Chuan Enterprise Co's Cyclically Adjusted PB Ratio falls into.



Taiwan Hon Chuan 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, Taiwan Hon Chuan Enterprise Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=61.676/133.0289*133.0289
=61.676

Current CPI (Sep. 2024) = 133.0289.

Taiwan Hon Chuan Enterprise Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 39.920 99.070 53.604
201503 39.854 99.621 53.219
201506 40.783 100.684 53.885
201509 40.708 100.392 53.942
201512 38.400 99.792 51.189
201603 41.289 100.470 54.669
201606 40.154 101.688 52.530
201609 40.466 101.861 52.848
201612 39.980 101.863 52.212
201703 39.764 102.862 51.426
201706 39.086 103.349 50.311
201709 40.835 104.136 52.165
201712 42.446 104.011 54.288
201803 43.920 105.290 55.491
201806 42.291 106.317 52.917
201809 41.880 106.507 52.309
201812 42.330 105.998 53.125
201903 44.656 107.251 55.389
201906 43.884 108.070 54.019
201909 44.448 108.329 54.582
201912 44.013 108.420 54.003
202003 39.095 108.902 47.757
202006 41.520 108.767 50.781
202009 43.581 109.815 52.794
202012 45.257 109.897 54.783
202103 42.242 111.754 50.284
202106 43.855 114.631 50.893
202109 45.185 115.734 51.937
202112 46.587 117.630 52.686
202203 46.122 121.301 50.581
202206 48.156 125.017 51.242
202209 52.441 125.227 55.708
202212 51.608 125.222 54.826
202303 49.062 127.348 51.251
202306 51.177 128.729 52.887
202309 55.876 129.860 57.240
202312 54.339 129.419 55.855
202403 53.775 131.776 54.286
202406 55.966 132.554 56.167
202409 61.676 133.029 61.676

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


Taiwan Hon Chuan Enterprise Co  (TPE:9939) 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.

Taiwan Hon Chuan Enterprise Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=143.00/53.29
=2.68

* 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 Taiwan Hon Chuan Enterprise Co was 3.34. The lowest was 1.05. And the median was 1.59.


Be Aware

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


Taiwan Hon Chuan Enterprise Co Cyclically Adjusted Book per Share Related Terms

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


Taiwan Hon Chuan Enterprise Co Business Description

Traded in Other Exchanges
N/A
Address
No.6, 2nd Road, Taichung Industrial Park, Xitun District, Taichung, TWN
Taiwan Hon Chuan Enterprise Co Ltd manufactures and sells a variety of packaging products. The company's primary product categories include plastic and aluminum caps used for beverages and can liners, polyethylene terephthalate bottles used to produce water bottles, and labels for consumer products. The firm also sells tobacco and liquor packaging as well as cigarette filters and paper. In addition, Taiwan Hon Chuan sells packaging equipment used to produce caps, bottles, labels, and fill bottles.

Taiwan Hon Chuan Enterprise Co Headlines

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