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Asustek Computer (Asustek Computer) Cyclically Adjusted Book per Share : $35.11 (As of Mar. 2024)


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What is Asustek Computer 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.

Asustek Computer's adjusted book value per share for the three months ended in Mar. 2024 was $55.243. 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 $35.11 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Asustek Computer's average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.60% 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 Asustek Computer was 9.60% per year. The lowest was 8.60% per year. And the median was 9.10% per year.

As of today (2024-06-04), Asustek Computer's current stock price is $49.60. Asustek Computer's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $35.11. Asustek Computer's Cyclically Adjusted PB Ratio of today is 1.41.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Asustek Computer was 1.72. The lowest was 0.81. And the median was 1.14.


Asustek Computer Cyclically Adjusted Book per Share Historical Data

The historical data trend for Asustek Computer'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.

Asustek Computer Cyclically Adjusted Book per Share Chart

Asustek Computer 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 34.77 38.28 44.02 52.64 29.74

Asustek Computer 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 41.50 41.16 45.41 29.74 35.11

Competitive Comparison of Asustek Computer's Cyclically Adjusted Book per Share

For the Computer Hardware subindustry, Asustek Computer'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.


Asustek Computer's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Asustek Computer 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, Asustek Computer'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)
=55.243/131.7762*131.7762
=55.243

Current CPI (Mar. 2024) = 131.7762.

Asustek Computer Quarterly Data

Book Value per Share CPI Adj_Book
201406 31.830 100.560 41.711
201409 32.869 100.428 43.129
201412 35.136 99.070 46.736
201503 37.120 99.621 49.101
201506 35.678 100.684 46.696
201509 34.509 100.392 45.297
201512 34.356 99.792 45.367
201603 35.652 100.470 46.761
201606 34.378 101.688 44.550
201609 37.872 101.861 48.994
201612 38.177 101.863 49.388
201703 41.036 102.862 52.571
201706 38.672 103.349 49.309
201709 39.033 104.136 49.393
201712 39.360 104.011 49.867
201803 40.842 105.290 51.116
201806 36.894 106.317 45.729
201809 37.127 106.507 45.936
201812 35.288 105.998 43.870
201903 36.915 107.251 45.357
201906 34.588 108.070 42.175
201909 36.287 108.329 44.141
201912 39.346 108.420 47.822
202003 37.505 108.902 45.383
202006 38.970 108.767 47.214
202009 42.368 109.815 50.841
202012 48.158 109.897 57.746
202103 51.625 111.754 60.874
202106 49.311 114.631 56.686
202109 52.536 115.734 59.818
202112 56.363 117.630 63.141
202203 58.213 121.301 63.240
202206 47.604 125.017 50.178
202209 46.580 125.227 49.016
202212 46.641 125.222 49.082
202303 48.309 127.348 49.989
202306 47.870 128.729 49.003
202309 48.923 129.860 49.645
202312 51.657 129.419 52.598
202403 55.243 131.776 55.243

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


Asustek Computer  (GREY:ASUUY) 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.

Asustek Computer's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=49.60/35.11
=1.41

* 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 Asustek Computer was 1.72. The lowest was 0.81. And the median was 1.14.


Be Aware

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


Asustek Computer Cyclically Adjusted Book per Share Related Terms

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


Asustek Computer (Asustek Computer) Business Description

Industry
Traded in Other Exchanges
Address
No.15, Li-Te Road, Peitou, Taipei, TWN
Asustek Computer Inc is a computer hardware and electronics company producing and selling 3C products including PCs, mainboards other boards and cards, tablet PCs, smartphones, and other handheld devices, etc. The company operates in Taiwan, China, Singapore, Europe, the United States, and other countries.