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Sinyi Realty (TPE:9940) Cyclically Adjusted Book per Share : NT$17.30 (As of Mar. 2024)


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What is Sinyi Realty 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.

Sinyi Realty's adjusted book value per share for the three months ended in Mar. 2024 was NT$17.947. 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$17.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sinyi Realty's average Cyclically Adjusted Book Growth Rate was 4.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.40% 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 Sinyi Realty was 8.10% per year. The lowest was 7.60% per year. And the median was 7.60% per year.

As of today (2024-06-10), Sinyi Realty's current stock price is NT$31.75. Sinyi Realty's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$17.30. Sinyi Realty's Cyclically Adjusted PB Ratio of today is 1.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sinyi Realty was 2.71. The lowest was 1.65. And the median was 2.14.


Sinyi Realty Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sinyi Realty'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.

Sinyi Realty Cyclically Adjusted Book per Share Chart

Sinyi Realty 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 13.10 13.45 14.91 16.30 16.97

Sinyi Realty 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 16.64 16.86 17.03 16.97 17.30

Competitive Comparison of Sinyi Realty's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, Sinyi Realty'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.


Sinyi Realty's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sinyi Realty's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sinyi Realty's Cyclically Adjusted PB Ratio falls into.



Sinyi Realty 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, Sinyi Realty'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)
=17.947/131.7762*131.7762
=17.947

Current CPI (Mar. 2024) = 131.7762.

Sinyi Realty Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.726 100.560 15.366
201409 11.942 100.428 15.670
201412 12.725 99.070 16.926
201503 12.703 99.621 16.803
201506 12.523 100.684 16.390
201509 12.511 100.392 16.422
201512 12.481 99.792 16.481
201603 12.317 100.470 16.155
201606 11.801 101.688 15.293
201609 11.916 101.861 15.416
201612 12.592 101.863 16.290
201703 12.219 102.862 15.654
201706 13.505 103.349 17.220
201709 14.616 104.136 18.496
201712 15.334 104.011 19.427
201803 16.147 105.290 20.209
201806 14.005 106.317 17.359
201809 13.740 106.507 17.000
201812 14.881 105.998 18.500
201903 15.914 107.251 19.553
201906 15.037 108.070 18.336
201909 14.561 108.329 17.713
201912 14.761 108.420 17.941
202003 14.182 108.902 17.161
202006 13.244 108.767 16.046
202009 14.266 109.815 17.119
202012 15.647 109.897 18.762
202103 16.030 111.754 18.902
202106 14.814 114.631 17.030
202109 15.784 115.734 17.972
202112 16.877 117.630 18.907
202203 18.191 121.301 19.762
202206 15.497 125.017 16.335
202209 15.838 125.227 16.666
202212 16.040 125.222 16.880
202303 16.727 127.348 17.309
202306 15.790 128.729 16.164
202309 16.891 129.860 17.140
202312 16.840 129.419 17.147
202403 17.947 131.776 17.947

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


Sinyi Realty  (TPE:9940) 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.

Sinyi Realty's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=31.75/17.3
=1.84

* 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 Sinyi Realty was 2.71. The lowest was 1.65. And the median was 2.14.


Be Aware

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


Sinyi Realty Cyclically Adjusted Book per Share Related Terms

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


Sinyi Realty (TPE:9940) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 100, Section 5, Xinyi Road, Xinyi District, Taipei, TWN, 110
Sinyi Realty Inc is a full-service real estate broker with operations in Taiwan, mainland China, and Japan. The company is engaged in the real estate agent trading and leasing of various properties including newly developed housing, existing housing and other residential properties, offices, plants, and carparks. Sinyi Realty also provides real estate management and identification, publication, management consulting, and information software services. In addition, the company is a wholesale seller of construction materials, furniture, sanitary ware, and ceramic products.

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