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Kuo Yang Construction Co (TPE:2505) Cyclically Adjusted Book per Share : NT$28.57 (As of Mar. 2024)


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What is Kuo Yang Construction 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.

Kuo Yang Construction Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$26.466. 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$28.57 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kuo Yang Construction Co's average Cyclically Adjusted Book Growth Rate was 3.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.00% 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 Kuo Yang Construction Co was 6.00% per year. The lowest was 4.30% per year. And the median was 5.90% per year.

As of today (2024-06-08), Kuo Yang Construction Co's current stock price is NT$29.35. Kuo Yang Construction Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$28.57. Kuo Yang Construction Co's Cyclically Adjusted PB Ratio of today is 1.03.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kuo Yang Construction Co was 2.49. The lowest was 0.61. And the median was 0.97.


Kuo Yang Construction Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kuo Yang Construction 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.

Kuo Yang Construction Co Cyclically Adjusted Book per Share Chart

Kuo Yang Construction 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 22.90 23.70 25.62 27.24 28.17

Kuo Yang Construction 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 27.74 28.09 28.37 28.17 28.57

Competitive Comparison of Kuo Yang Construction Co's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, Kuo Yang Construction 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.


Kuo Yang Construction Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kuo Yang Construction Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kuo Yang Construction Co's Cyclically Adjusted PB Ratio falls into.



Kuo Yang Construction 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, Kuo Yang Construction 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)
=26.466/131.7762*131.7762
=26.466

Current CPI (Mar. 2024) = 131.7762.

Kuo Yang Construction Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 22.741 100.560 29.800
201409 22.872 100.428 30.011
201412 22.660 99.070 30.141
201503 21.930 99.621 29.008
201506 22.720 100.684 29.736
201509 22.712 100.392 29.812
201512 22.919 99.792 30.265
201603 22.749 100.470 29.837
201606 22.076 101.688 28.608
201609 21.822 101.861 28.231
201612 22.235 101.863 28.765
201703 22.434 102.862 28.740
201706 23.085 103.349 29.435
201709 22.894 104.136 28.971
201712 22.699 104.011 28.758
201803 22.760 105.290 28.486
201806 22.103 106.317 27.396
201809 21.994 106.507 27.212
201812 22.157 105.998 27.546
201903 22.117 107.251 27.175
201906 21.391 108.070 26.083
201909 21.343 108.329 25.962
201912 21.556 108.420 26.200
202003 21.443 108.902 25.947
202006 34.101 108.767 41.315
202009 31.555 109.815 37.866
202012 24.360 109.897 29.210
202103 25.054 111.754 29.543
202106 25.375 114.631 29.170
202109 24.124 115.734 27.468
202112 24.288 117.630 27.209
202203 24.935 121.301 27.088
202206 24.955 125.017 26.304
202209 25.070 125.227 26.381
202212 25.025 125.222 26.335
202303 25.583 127.348 26.473
202306 26.014 128.729 26.630
202309 25.841 129.860 26.222
202312 26.578 129.419 27.062
202403 26.466 131.776 26.466

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


Kuo Yang Construction Co  (TPE:2505) 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.

Kuo Yang Construction Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=29.35/28.57
=1.03

* 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 Kuo Yang Construction Co was 2.49. The lowest was 0.61. And the median was 0.97.


Be Aware

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


Kuo Yang Construction Co Cyclically Adjusted Book per Share Related Terms

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


Kuo Yang Construction Co (TPE:2505) Business Description

Traded in Other Exchanges
N/A
Address
Zhongxiao East Road, 18th Floor, No. 555, Section 4, Taipei City, TWN
Kuo Yang Construction Co Ltd is a Taiwan based company. The company is engaged in the construction of public housing and the lease and sales of commercial residential buildings, industrial plants, and commercial buildings.

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