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Ruentex Industries (TPE:2915) Cyclically Adjusted Book per Share : NT$81.90 (As of Mar. 2024)


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What is Ruentex Industries 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.

Ruentex Industries's adjusted book value per share for the three months ended in Mar. 2024 was NT$96.598. 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$81.90 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ruentex Industries's average Cyclically Adjusted Book Growth Rate was 6.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.30% 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 Ruentex Industries was 17.70% per year. The lowest was 14.30% per year. And the median was 16.00% per year.

As of today (2024-06-08), Ruentex Industries's current stock price is NT$71.90. Ruentex Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$81.90. Ruentex Industries's Cyclically Adjusted PB Ratio of today is 0.88.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ruentex Industries was 1.76. The lowest was 0.69. And the median was 1.05.


Ruentex Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ruentex Industries'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.

Ruentex Industries Cyclically Adjusted Book per Share Chart

Ruentex Industries 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 45.90 54.09 69.73 74.89 80.85

Ruentex Industries 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 77.19 79.51 79.74 80.85 81.90

Competitive Comparison of Ruentex Industries's Cyclically Adjusted Book per Share

For the Textile Manufacturing subindustry, Ruentex Industries'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.


Ruentex Industries's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ruentex Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ruentex Industries 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, Ruentex Industries'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)
=96.598/131.7762*131.7762
=96.598

Current CPI (Mar. 2024) = 131.7762.

Ruentex Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 81.070 100.560 106.237
201409 77.026 100.428 101.070
201412 34.220 99.070 45.517
201503 38.488 99.621 50.911
201506 27.055 100.684 35.410
201509 19.833 100.392 26.033
201512 28.038 99.792 37.024
201603 31.707 100.470 41.587
201606 31.002 101.688 40.175
201609 32.331 101.861 41.826
201612 27.013 101.863 34.946
201703 28.533 102.862 36.553
201706 33.623 103.349 42.871
201709 39.433 104.136 49.900
201712 51.565 104.011 65.330
201803 65.688 105.290 82.213
201806 62.754 106.317 77.782
201809 51.070 106.507 63.187
201812 30.335 105.998 37.712
201903 67.027 107.251 82.355
201906 84.989 108.070 103.633
201909 104.468 108.329 127.079
201912 102.448 108.420 124.518
202003 73.423 108.902 88.845
202006 108.228 108.767 131.123
202009 114.935 109.815 137.920
202012 162.151 109.897 194.434
202103 117.848 111.754 138.962
202106 138.187 114.631 158.855
202109 133.928 115.734 152.492
202112 166.514 117.630 186.540
202203 81.305 121.301 88.326
202206 5.606 125.017 5.909
202209 17.265 125.227 18.168
202212 74.552 125.222 78.454
202303 81.816 127.348 84.661
202306 85.132 128.729 87.147
202309 81.103 129.860 82.300
202312 89.960 129.419 91.598
202403 96.598 131.776 96.598

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


Ruentex Industries  (TPE:2915) 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.

Ruentex Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=71.90/81.9
=0.88

* 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 Ruentex Industries was 1.76. The lowest was 0.69. And the median was 1.05.


Be Aware

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


Ruentex Industries Cyclically Adjusted Book per Share Related Terms

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


Ruentex Industries (TPE:2915) Business Description

Traded in Other Exchanges
N/A
Address
No.308, Section 2, Bade Road, 13th Floor, Taipei, TWN
Ruentex Industries Ltd is a textile business based in Taiwan. The company generates the majority of its revenue domestically, and a small portion from the rest of Asia, through five segments. The investment segment invests in, constructs, and leases commercial buildings and government-funded residential housing units. The hypermarket segment derives the majority of revenue from imports and exports of textiles. The textile department engages in the yarning of cotton, wool, chemical fibers, and synthetic fibers. The retailing segment retails men's and women's clothing, underwear, and bags under several brand names such as Nautica and Jeep. The smallest segment, construction, manufactures, processes, and markets construction materials.

Ruentex Industries (TPE:2915) Headlines

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