GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sun Brothers Development Co Ltd (ROCO:3489) » Definitions » Cyclically Adjusted Book per Share

Sun Brothers Development Co (ROCO:3489) Cyclically Adjusted Book per Share : NT$17.99 (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Sun Brothers Development 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.

Sun Brothers Development Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$15.120. 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$17.99 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sun Brothers Development Co's average Cyclically Adjusted Book Growth Rate was 2.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.10% 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 Sun Brothers Development Co was 6.10% per year. The lowest was 5.60% per year. And the median was 5.85% per year.

As of today (2024-06-01), Sun Brothers Development Co's current stock price is NT$27.80. Sun Brothers Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$17.99. Sun Brothers Development Co's Cyclically Adjusted PB Ratio of today is 1.55.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sun Brothers Development Co was 1.65. The lowest was 0.56. And the median was 0.70.


Sun Brothers Development Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sun Brothers Development 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.

Sun Brothers Development Co Cyclically Adjusted Book per Share Chart

Sun Brothers Development 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 14.59 14.87 15.99 17.17 17.76

Sun Brothers Development 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 17.51 17.74 17.88 17.76 17.99

Competitive Comparison of Sun Brothers Development Co's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, Sun Brothers Development 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.


Sun Brothers Development Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sun Brothers Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sun Brothers Development Co's Cyclically Adjusted PB Ratio falls into.



Sun Brothers Development 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, Sun Brothers Development Co'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)
=15.12/131.7762*131.7762
=15.120

Current CPI (Mar. 2024) = 131.7762.

Sun Brothers Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 14.252 100.560 18.676
201409 14.215 100.428 18.652
201412 14.287 99.070 19.004
201503 14.192 99.621 18.773
201506 14.111 100.684 18.469
201509 14.305 100.392 18.777
201512 13.451 99.792 17.762
201603 13.544 100.470 17.764
201606 13.691 101.688 17.742
201609 14.709 101.861 19.029
201612 15.236 101.863 19.710
201703 15.108 102.862 19.355
201706 14.669 103.349 18.704
201709 14.729 104.136 18.639
201712 14.649 104.011 18.559
201803 14.781 105.290 18.499
201806 15.017 106.317 18.613
201809 15.116 106.507 18.702
201812 15.187 105.998 18.880
201903 15.212 107.251 18.691
201906 15.169 108.070 18.497
201909 15.300 108.329 18.612
201912 15.434 108.420 18.759
202003 15.539 108.902 18.803
202006 15.297 108.767 18.533
202009 15.515 109.815 18.618
202012 15.561 109.897 18.659
202103 15.725 111.754 18.542
202106 15.739 114.631 18.093
202109 15.773 115.734 17.959
202112 15.834 117.630 17.738
202203 15.746 121.301 17.106
202206 15.243 125.017 16.067
202209 15.225 125.227 16.021
202212 15.626 125.222 16.444
202303 15.551 127.348 16.092
202306 15.492 128.729 15.859
202309 15.434 129.860 15.662
202312 15.203 129.419 15.480
202403 15.120 131.776 15.120

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


Sun Brothers Development Co  (ROCO:3489) 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.

Sun Brothers Development Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=27.80/17.99
=1.55

* 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 Sun Brothers Development Co was 1.65. The lowest was 0.56. 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.


Sun Brothers Development Co Cyclically Adjusted Book per Share Related Terms

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


Sun Brothers Development Co (ROCO:3489) Business Description

Traded in Other Exchanges
N/A
Address
No. 50, Minquan Road, Luzhu District, Taoyuan, TWN, 338018
Sun Brothers Development Co Ltd is engaged in wholesale of building materials, developing, constructing, leasing and selling for residential, commercial or industrial buildings, etc. It is also involved in the development and construction of collective housing and public works contract construction.

Sun Brothers Development Co (ROCO:3489) Headlines

No Headlines