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Yageo (YAGOY) Cyclically Adjusted Book per Share : $25.55 (As of Mar. 2024)


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What is Yageo 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.

Yageo's adjusted book value per share for the three months ended in Mar. 2024 was $51.317. 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 $25.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Yageo's average Cyclically Adjusted Book Growth Rate was 13.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.30% 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 Yageo was 12.30% per year. The lowest was 9.30% per year. And the median was 10.80% per year.

As of today (2024-06-16), Yageo's current stock price is $82.29419. Yageo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $25.55. Yageo's Cyclically Adjusted PB Ratio of today is 3.22.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Yageo was 6.14. The lowest was 2.19. And the median was 3.47.


Yageo Cyclically Adjusted Book per Share Historical Data

The historical data trend for Yageo'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.

Yageo Cyclically Adjusted Book per Share Chart

Yageo 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 5.18 15.75 18.60 28.58 24.30

Yageo 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 25.22 27.95 27.08 24.30 25.55

Competitive Comparison of Yageo's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Yageo'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.


Yageo's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Yageo 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, Yageo'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)
=51.317/131.7762*131.7762
=51.317

Current CPI (Mar. 2024) = 131.7762.

Yageo Quarterly Data

Book Value per Share CPI Adj_Book
201406 17.996 100.560 23.583
201409 11.336 100.428 14.875
201412 11.457 99.070 15.239
201503 11.762 99.621 15.558
201506 10.879 100.684 14.239
201509 11.101 100.392 14.571
201512 11.120 99.792 14.684
201603 11.267 100.470 14.778
201606 10.281 101.688 13.323
201609 10.762 101.861 13.923
201612 10.391 101.863 13.442
201703 11.483 102.862 14.711
201706 12.449 103.349 15.873
201709 13.784 104.136 17.443
201712 15.598 104.011 19.762
201803 18.203 105.290 22.782
201806 23.250 106.317 28.818
201809 27.036 106.507 33.450
201812 28.554 105.998 35.498
201903 30.074 107.251 36.951
201906 21.187 108.070 25.835
201909 21.571 108.329 26.240
201912 22.534 108.420 27.388
202003 20.447 108.902 24.742
202006 27.401 108.767 33.197
202009 29.208 109.815 35.049
202012 30.845 109.897 36.986
202103 33.187 111.754 39.133
202106 31.190 114.631 35.855
202109 34.524 115.734 39.309
202112 36.653 117.630 41.061
202203 42.932 121.301 46.639
202206 44.042 125.017 46.423
202209 57.653 125.227 60.668
202212 47.435 125.222 49.918
202303 47.513 127.348 49.165
202306 49.167 128.729 50.331
202309 50.905 129.860 51.656
202312 51.389 129.419 52.325
202403 51.317 131.776 51.317

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


Yageo  (OTCPK:YAGOY) 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.

Yageo's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=82.29419/25.55
=3.22

* 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 Yageo was 6.14. The lowest was 2.19. And the median was 3.47.


Be Aware

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


Yageo Cyclically Adjusted Book per Share Related Terms

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


Yageo (YAGOY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Yageo Corp (OTCPK:YAGOY) » Definitions » Cyclically Adjusted Book per Share
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Address
No. 233-1, Baoqiao Road, 3rd Floor, Xindian District, New Taipei, TWN, 23145
Yageo produces passive components for electronic devices. Passive components are necessary for all electronic circuits; they are used to stabilize and control electric flow and remove electromagnetic noise from the circuit. Yageo's main products are multilayer ceramic capacitors, chip resistors, inductors, and tantalum capacitors, which are ranked third, first, third, and first in global production volume, respectively.

Yageo (YAGOY) Headlines

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