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ABICO NetCom Co (ROCO:8071) Cyclically Adjusted Book per Share : NT$17.83 (As of Mar. 2024)


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What is ABICO NetCom 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.

ABICO NetCom Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$13.228. 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$17.83 for the trailing ten years ended in Mar. 2024.

During the past 12 months, ABICO NetCom Co's average Cyclically Adjusted Book Growth Rate was 0.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.80% 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 ABICO NetCom Co was 4.80% per year. The lowest was 4.80% per year. And the median was 4.80% per year.

As of today (2024-06-12), ABICO NetCom Co's current stock price is NT$18.85. ABICO NetCom Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$17.83. ABICO NetCom Co's Cyclically Adjusted PB Ratio of today is 1.06.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ABICO NetCom Co was 1.28. The lowest was 0.63. And the median was 0.84.


ABICO NetCom Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for ABICO NetCom 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.

ABICO NetCom Co Cyclically Adjusted Book per Share Chart

ABICO NetCom 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 15.21 15.37 16.51 17.50 17.67

ABICO NetCom 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 17.76 17.84 17.87 17.67 17.83

Competitive Comparison of ABICO NetCom Co's Cyclically Adjusted Book per Share

For the Computer Hardware subindustry, ABICO NetCom 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.


ABICO NetCom Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



ABICO NetCom 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, ABICO NetCom 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)
=13.228/131.7762*131.7762
=13.228

Current CPI (Mar. 2024) = 131.7762.

ABICO NetCom Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.168 100.560 17.256
201409 15.180 100.428 19.918
201412 15.664 99.070 20.835
201503 15.958 99.621 21.109
201506 15.577 100.684 20.387
201509 15.489 100.392 20.331
201512 15.252 99.792 20.140
201603 14.781 100.470 19.387
201606 14.575 101.688 18.888
201609 14.121 101.861 18.268
201612 17.574 101.863 22.735
201703 13.354 102.862 17.108
201706 13.792 103.349 17.586
201709 14.408 104.136 18.232
201712 14.400 104.011 18.244
201803 14.528 105.290 18.183
201806 14.517 106.317 17.993
201809 14.394 106.507 17.809
201812 15.312 105.998 19.036
201903 15.676 107.251 19.261
201906 15.181 108.070 18.511
201909 15.112 108.329 18.383
201912 14.883 108.420 18.089
202003 14.694 108.902 17.780
202006 14.255 108.767 17.271
202009 14.548 109.815 17.457
202012 13.702 109.897 16.430
202103 15.033 111.754 17.726
202106 15.395 114.631 17.698
202109 15.167 115.734 17.269
202112 15.593 117.630 17.468
202203 16.218 121.301 17.619
202206 15.278 125.017 16.104
202209 15.619 125.227 16.436
202212 15.099 125.222 15.889
202303 14.984 127.348 15.505
202306 13.889 128.729 14.218
202309 13.935 129.860 14.141
202312 13.095 129.419 13.333
202403 13.228 131.776 13.228

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


ABICO NetCom Co  (ROCO:8071) 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.

ABICO NetCom Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18.85/17.83
=1.06

* 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 ABICO NetCom Co was 1.28. The lowest was 0.63. And the median was 0.84.


Be Aware

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


ABICO NetCom Co Cyclically Adjusted Book per Share Related Terms

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


ABICO NetCom Co (ROCO:8071) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ABICO NetCom Co (ROCO:8071) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
13F-1, No. 27, Lane 169, Kang-Ning Street, Hsi-Chih District, New Taipei, Taipei, TWN
ABICO NetCom Co is a Taiwan-based company, mainly engaged in the manufacture of optical disks. The company provides CDs, and DVDs, and is also involved in diversified services including distribution and logistics.

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