GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Catcher Technology Co Ltd (TPE:2474) » Definitions » Cyclically Adjusted Book per Share

Catcher Technology Co (TPE:2474) Cyclically Adjusted Book per Share : NT$210.59 (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Catcher 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.

Catcher Technology Co's adjusted book value per share for the three months ended in Dec. 2023 was NT$232.152. 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$210.59 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Catcher Technology Co's average Cyclically Adjusted Book Growth Rate was 9.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.00% 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 Catcher Technology Co was 13.00% per year. The lowest was 12.20% per year. And the median was 12.60% per year.

As of today (2024-04-28), Catcher Technology Co's current stock price is NT$213.50. Catcher Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was NT$210.59. Catcher Technology Co's Cyclically Adjusted PB Ratio of today is 1.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Catcher Technology Co was 2.12. The lowest was 0.82. And the median was 1.02.


Catcher Technology Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Catcher 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.

Catcher Technology Co Cyclically Adjusted Book per Share Chart

Catcher 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 136.22 145.91 168.88 192.57 210.59

Catcher Technology Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 192.57 198.86 203.97 208.71 210.59

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

For the Metal Fabrication subindustry, Catcher 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.


Catcher Technology Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Catcher Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Catcher 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, Catcher Technology 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)
=232.152/129.4194*129.4194
=232.152

Current CPI (Dec. 2023) = 129.4194.

Catcher Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 103.438 99.695 134.279
201406 102.238 100.560 131.580
201409 111.064 100.428 143.126
201412 124.479 99.070 162.613
201503 128.905 99.621 167.463
201506 128.496 100.684 165.169
201509 143.503 100.392 184.996
201512 150.265 99.792 194.877
201603 153.474 100.470 197.695
201606 146.003 101.688 185.819
201609 146.902 101.861 186.646
201612 159.178 101.863 202.240
201703 153.538 102.862 193.179
201706 151.349 103.349 189.528
201709 162.683 104.136 202.182
201712 172.705 104.011 214.894
201803 179.088 105.290 220.131
201806 182.970 106.317 222.729
201809 186.119 106.507 226.159
201812 196.289 105.998 239.661
201903 201.250 107.251 242.849
201906 192.139 108.070 230.097
201909 193.917 108.329 231.670
201912 192.711 108.420 230.036
202003 198.182 108.902 235.521
202006 187.794 108.767 223.451
202009 188.629 109.815 222.304
202012 207.420 109.897 244.267
202103 210.659 111.754 243.958
202106 195.779 114.631 221.035
202109 198.236 115.734 221.677
202112 204.550 117.630 225.052
202203 215.155 121.301 229.555
202206 217.150 125.017 224.797
202209 237.653 125.227 245.610
202212 232.049 125.222 239.828
202303 236.418 127.348 240.264
202306 234.709 128.729 235.968
202309 239.156 129.860 238.345
202312 232.152 129.419 232.152

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


Catcher Technology Co  (TPE:2474) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=213.50/210.59
=1.01

* 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 Catcher Technology Co was 2.12. The lowest was 0.82. And the median was 1.02.


Be Aware

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


Catcher Technology Co Cyclically Adjusted Book per Share Related Terms

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


Catcher Technology Co (TPE:2474) Business Description

Traded in Other Exchanges
N/A
Address
No. 398, Renai Street, Yungkang District, Tainan, TWN
Catcher Technology is a supplier of metal casings for handsets, notebooks, tablets, and consumer electronics products. Apple is Catcher's biggest customer, accounting for almost 80% of the company's overall sales. The firm mainly supplies metal casings for iPhones, MacBooks, and iPads, and entered into the iPhone supply chain in 2014. Outside of Apple, Catcher produces metal chassis for leading notebook original equipment manufacturers such as HP and Dell. The firm also supplies to consumer electronic products such as digital still cameras, camcorders, MP3 players, and television sets.

Catcher Technology Co (TPE:2474) Headlines

No Headlines