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Fulgent Sun International (Holding) Co (TPE:9802) Cyclically Adjusted Book per Share : NT$56.06 (As of Mar. 2024)


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What is Fulgent Sun International (Holding) 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.

Fulgent Sun International (Holding) Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$65.376. 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$56.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Fulgent Sun International (Holding) Co's average Cyclically Adjusted Book Growth Rate was 6.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.60% 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 Fulgent Sun International (Holding) Co was 7.60% per year. The lowest was 7.60% per year. And the median was 7.60% per year.

As of today (2024-06-11), Fulgent Sun International (Holding) Co's current stock price is NT$132.00. Fulgent Sun International (Holding) Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$56.06. Fulgent Sun International (Holding) Co's Cyclically Adjusted PB Ratio of today is 2.35.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fulgent Sun International (Holding) Co was 3.81. The lowest was 1.77. And the median was 2.46.


Fulgent Sun International (Holding) Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Fulgent Sun International (Holding) 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.

Fulgent Sun International (Holding) Co Cyclically Adjusted Book per Share Chart

Fulgent Sun International (Holding) 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 - 43.94 47.51 51.60 54.77

Fulgent Sun International (Holding) 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 52.76 53.73 54.65 54.77 56.06

Competitive Comparison of Fulgent Sun International (Holding) Co's Cyclically Adjusted Book per Share

For the Footwear & Accessories subindustry, Fulgent Sun International (Holding) 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.


Fulgent Sun International (Holding) Co's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fulgent Sun International (Holding) Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fulgent Sun International (Holding) Co's Cyclically Adjusted PB Ratio falls into.



Fulgent Sun International (Holding) 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, Fulgent Sun International (Holding) 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)
=65.376/131.7762*131.7762
=65.376

Current CPI (Mar. 2024) = 131.7762.

Fulgent Sun International (Holding) Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 38.805 100.560 50.851
201409 39.959 100.428 52.432
201412 42.003 99.070 55.870
201503 42.614 99.621 56.369
201506 38.698 100.684 50.648
201509 40.829 100.392 53.593
201512 40.189 99.792 53.070
201603 40.296 100.470 52.852
201606 39.110 101.688 50.682
201609 38.965 101.861 50.408
201612 40.252 101.863 52.073
201703 40.019 102.862 51.268
201706 39.432 103.349 50.278
201709 40.751 104.136 51.567
201712 41.735 104.011 52.876
201803 43.051 105.290 53.881
201806 40.952 106.317 50.759
201809 41.225 106.507 51.006
201812 43.807 105.998 54.461
201903 45.417 107.251 55.803
201906 43.670 108.070 53.250
201909 45.335 108.329 55.147
201912 46.427 108.420 56.428
202003 48.082 108.902 58.182
202006 42.858 108.767 51.924
202009 49.001 109.815 58.800
202012 45.671 109.897 54.764
202103 45.761 111.754 53.959
202106 45.680 114.631 52.512
202109 47.729 115.734 54.345
202112 48.815 117.630 54.686
202203 50.399 121.301 54.751
202206 56.519 125.017 59.575
202209 65.354 125.227 68.772
202212 66.603 125.222 70.089
202303 62.853 127.348 65.039
202306 66.236 128.729 67.804
202309 69.209 129.860 70.231
202312 65.001 129.419 66.185
202403 65.376 131.776 65.376

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


Fulgent Sun International (Holding) Co  (TPE:9802) 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.

Fulgent Sun International (Holding) Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=132.00/56.06
=2.35

* 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 Fulgent Sun International (Holding) Co was 3.81. The lowest was 1.77. And the median was 2.46.


Be Aware

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


Fulgent Sun International (Holding) Co Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Fulgent Sun International (Holding) Co's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Fulgent Sun International (Holding) Co (TPE:9802) Business Description

Traded in Other Exchanges
N/A
Address
No. 76, Section 3, Yunlin Road, Yunlin County, Douliu, TWN
Fulgent Sun International (Holding) Co Ltd is engaged in developing and producing professional sports shoes, and professional waterproof breathable outdoor shoes. The company offers sports shoes for sports, running, tennis, basketball, snow, sports sandals, casual, outdoor, waterproof, and GORE-TEX shoes. The company operates in three segments: Production and sales of shoes, Retail business, and Other businesses. The majority of the revenue is generated from the Production and sales of the shoes segment.

Fulgent Sun International (Holding) Co (TPE:9802) Headlines

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