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AOI ELECTRONICS Co (TSE:6832) Cyclically Adjusted Book per Share : 円3,956.84 (As of Dec. 2023)


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What is AOI 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.

AOI ELECTRONICS Co's adjusted book value per share for the three months ended in Dec. 2023 was 円4,091.772. 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 円3,956.84 for the trailing ten years ended in Dec. 2023.

During the past 12 months, AOI ELECTRONICS Co's average Cyclically Adjusted Book Growth Rate was -100.00% 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 AOI ELECTRONICS Co was 6.80% per year. The lowest was 5.80% per year. And the median was 6.00% per year.

As of today (2024-05-26), AOI ELECTRONICS Co's current stock price is 円2683.00. AOI ELECTRONICS Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円3,956.84. AOI ELECTRONICS Co's Cyclically Adjusted PB Ratio of today is 0.68.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AOI ELECTRONICS Co was 2.27. The lowest was 0.45. And the median was 0.70.


AOI ELECTRONICS Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for AOI 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.

AOI ELECTRONICS Co Cyclically Adjusted Book per Share Chart

AOI ELECTRONICS Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,092.78 3,254.99 3,476.66 3,762.67 -

AOI 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 3,762.67 3,829.54 3,901.79 3,956.84 -

Competitive Comparison of AOI ELECTRONICS Co's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, AOI 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.


AOI ELECTRONICS Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



AOI 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, AOI ELECTRONICS Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=4091.772/106.8000*106.8000
=4,091.772

Current CPI (Dec. 2023) = 106.8000.

AOI ELECTRONICS Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 2,542.198 95.700 2,837.061
201406 2,631.785 98.000 2,868.109
201409 2,768.775 98.500 3,002.083
201412 2,878.437 97.900 3,140.113
201503 3,010.223 97.900 3,283.880
201506 3,078.474 98.400 3,341.271
201509 3,172.768 98.500 3,440.118
201512 3,209.372 98.100 3,493.995
201603 3,150.826 97.900 3,437.265
201606 3,195.551 98.100 3,478.948
201609 3,290.480 98.000 3,585.952
201612 3,412.528 98.400 3,703.841
201703 3,466.283 98.100 3,773.690
201706 3,544.490 98.500 3,843.163
201709 3,656.415 98.800 3,952.481
201712 3,716.640 99.400 3,993.332
201803 3,798.263 99.200 4,089.259
201806 3,831.145 99.200 4,124.660
201809 3,936.986 99.900 4,208.910
201812 3,951.361 99.700 4,232.752
201903 3,935.848 99.700 4,216.134
201906 3,931.323 99.800 4,207.067
201909 4,000.719 100.100 4,268.499
201912 4,039.123 100.500 4,292.322
202003 4,003.889 100.300 4,263.363
202006 4,024.985 99.900 4,302.987
202009 4,015.238 99.900 4,292.567
202012 4,017.499 99.300 4,320.935
202103 4,073.294 99.900 4,354.633
202106 4,111.357 99.500 4,412.994
202109 4,174.629 100.100 4,454.050
202112 4,202.321 100.100 4,483.595
202203 4,245.830 101.100 4,485.209
202206 4,274.219 101.800 4,484.151
202209 4,296.413 103.100 4,450.600
202212 4,265.106 104.100 4,375.728
202303 4,211.846 104.400 4,308.670
202306 4,157.253 105.200 4,220.481
202309 4,133.504 106.200 4,156.857
202312 4,091.772 106.800 4,091.772

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


AOI ELECTRONICS Co  (TSE:6832) 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.

AOI ELECTRONICS Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2683.00/3956.84
=0.68

* 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 AOI ELECTRONICS Co was 2.27. The lowest was 0.45. And the median was 0.70.


Be Aware

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


AOI ELECTRONICS Co Cyclically Adjusted Book per Share Related Terms

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


AOI ELECTRONICS Co (TSE:6832) Business Description

Industry
Traded in Other Exchanges
N/A
Address
455-1, Kohzai Minamimachi, Takamatsu, JPN, 761-8014
AOI ELECTRONICS CO., Ltd is engaged in the production of Integrated Circuits, Modules, Optical sensor, LED, Thermal Print Heads, Resistor Networks, and MEMS Device.

AOI ELECTRONICS Co (TSE:6832) Headlines

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