GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Eiso Enterprise Co Ltd (ROCO:5291) » Definitions » Cyclically Adjusted Book per Share

Eiso Enterprise Co (ROCO:5291) Cyclically Adjusted Book per Share : NT$25.61 (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Eiso Enterprise 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.

Eiso Enterprise Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$23.538. 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$25.61 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Eiso Enterprise Co's average Cyclically Adjusted Book Growth Rate was 3.20% 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.

As of today (2024-06-11), Eiso Enterprise Co's current stock price is NT$29.00. Eiso Enterprise Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$25.61. Eiso Enterprise Co's Cyclically Adjusted PB Ratio of today is 1.13.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Eiso Enterprise Co was 1.88. The lowest was 1.03. And the median was 1.32.


Eiso Enterprise Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Eiso Enterprise 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.

Eiso Enterprise Co Cyclically Adjusted Book per Share Chart

Eiso Enterprise 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 - - - 24.43 25.22

Eiso Enterprise 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 24.82 25.14 25.32 25.22 25.61

Competitive Comparison of Eiso Enterprise Co's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Eiso Enterprise 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.


Eiso Enterprise Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Eiso Enterprise 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, Eiso Enterprise 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)
=23.538/131.7762*131.7762
=23.538

Current CPI (Mar. 2024) = 131.7762.

Eiso Enterprise Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 19.097 100.560 25.025
201409 20.122 100.428 26.403
201412 21.768 99.070 28.954
201503 21.820 99.621 28.863
201506 20.166 100.684 26.393
201509 20.750 100.392 27.237
201512 20.460 99.792 27.017
201603 20.440 100.470 26.809
201606 20.120 101.688 26.073
201609 19.580 101.861 25.330
201612 19.808 101.863 25.625
201703 19.344 102.862 24.781
201706 19.724 103.349 25.149
201709 19.669 104.136 24.890
201712 18.842 104.011 23.872
201803 18.843 105.290 23.583
201806 19.291 106.317 23.911
201809 19.841 106.507 24.548
201812 20.175 105.998 25.081
201903 20.529 107.251 25.224
201906 20.192 108.070 24.621
201909 20.980 108.329 25.521
201912 21.056 108.420 25.592
202003 21.363 108.902 25.850
202006 20.690 108.767 25.067
202009 21.013 109.815 25.215
202012 21.161 109.897 25.374
202103 21.913 111.754 25.839
202106 23.127 114.631 26.586
202109 23.205 115.734 26.421
202112 24.143 117.630 27.047
202203 23.236 121.301 25.243
202206 24.457 125.017 25.779
202209 25.712 125.227 27.057
202212 26.175 125.222 27.545
202303 23.728 127.348 24.553
202306 23.888 128.729 24.454
202309 23.840 129.860 24.192
202312 23.694 129.419 24.125
202403 23.538 131.776 23.538

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


Eiso Enterprise Co  (ROCO:5291) 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.

Eiso Enterprise Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=29.00/25.61
=1.13

* 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 Eiso Enterprise Co was 1.88. The lowest was 1.03. And the median was 1.32.


Be Aware

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


Eiso Enterprise Co Cyclically Adjusted Book per Share Related Terms

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


Eiso Enterprise Co (ROCO:5291) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Number 2, Zhonghua Lane, Shanying Road, Shanfengli, Guishan District, Taoyuan, TWN
Eiso Enterprise Co Ltd is a Taiwan-based company involved in the development of printed circuit boards and high-precision production equipment. The company is also engaged in manufacturing LED products.

Eiso Enterprise Co (ROCO:5291) Headlines

No Headlines