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Alltek Technology (TPE:3209) Cyclically Adjusted Book per Share : NT$16.58 (As of Mar. 2024)


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What is Alltek Technology 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.

Alltek Technology's adjusted book value per share for the three months ended in Mar. 2024 was NT$19.649. 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$16.58 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Alltek Technology's average Cyclically Adjusted Book Growth Rate was 9.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.80% 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 Alltek Technology was 11.80% per year. The lowest was 10.20% per year. And the median was 11.00% per year.

As of today (2024-06-08), Alltek Technology's current stock price is NT$36.00. Alltek Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$16.58. Alltek Technology's Cyclically Adjusted PB Ratio of today is 2.17.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Alltek Technology was 3.03. The lowest was 1.31. And the median was 2.16.


Alltek Technology Cyclically Adjusted Book per Share Historical Data

The historical data trend for Alltek Technology'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.

Alltek Technology Cyclically Adjusted Book per Share Chart

Alltek Technology 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 11.02 11.53 13.02 14.74 16.10

Alltek Technology 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 15.18 15.56 15.93 16.10 16.58

Competitive Comparison of Alltek Technology's Cyclically Adjusted Book per Share

For the Communication Equipment subindustry, Alltek Technology'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.


Alltek Technology's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Alltek Technology 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, Alltek Technology'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)
=19.649/131.7762*131.7762
=19.649

Current CPI (Mar. 2024) = 131.7762.

Alltek Technology Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.797 100.560 11.528
201409 9.318 100.428 12.227
201412 9.798 99.070 13.033
201503 10.249 99.621 13.557
201506 9.730 100.684 12.735
201509 10.556 100.392 13.856
201512 11.314 99.792 14.940
201603 11.621 100.470 15.242
201606 11.240 101.688 14.566
201609 11.531 101.861 14.917
201612 11.850 101.863 15.330
201703 12.059 102.862 15.449
201706 11.280 103.349 14.383
201709 11.727 104.136 14.840
201712 12.772 104.011 16.181
201803 12.784 105.290 16.000
201806 12.677 106.317 15.713
201809 13.133 106.507 16.249
201812 13.360 105.998 16.609
201903 13.592 107.251 16.700
201906 13.026 108.070 15.883
201909 13.645 108.329 16.598
201912 13.915 108.420 16.913
202003 13.241 108.902 16.022
202006 13.697 108.767 16.594
202009 14.386 109.815 17.263
202012 14.733 109.897 17.666
202103 14.325 111.754 16.891
202106 15.156 114.631 17.423
202109 16.178 115.734 18.420
202112 17.076 117.630 19.130
202203 16.342 121.301 17.753
202206 18.282 125.017 19.270
202209 20.322 125.227 21.385
202212 20.863 125.222 21.955
202303 18.296 127.348 18.932
202306 19.133 128.729 19.586
202309 20.575 129.860 20.879
202312 20.619 129.419 20.994
202403 19.649 131.776 19.649

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


Alltek Technology  (TPE:3209) 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.

Alltek Technology's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=36.00/16.58
=2.17

* 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 Alltek Technology was 3.03. The lowest was 1.31. And the median was 2.16.


Be Aware

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


Alltek Technology Cyclically Adjusted Book per Share Related Terms

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


Alltek Technology (TPE:3209) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Ruei Guang Road, 9 Floor, No.360, Neihu, Taipei, TWN, 114
Alltek Technology Corp operates as a professional communication components distributor and solution provider. It provides wired broadband components, wireless communication components, optical communication components, voice processing components, communication protection components, and others. The company's segment include; Alltek Technology Corp, Alltek Group Corp, Pantek Technology Corp, and Others. Majority of the company's revenue is contributed by the Alltek Technology Corp segment. The company operates in Taiwan. China and Others.

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