GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Asia Vital Components Co Ltd (TPE:3017) » Definitions » Cyclically Adjusted Book per Share

Asia Vital Components Co (TPE:3017) Cyclically Adjusted Book per Share : NT$34.94 (As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Asia Vital Components 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.

Asia Vital Components Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$56.079. 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$34.94 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Asia Vital Components Co's average Cyclically Adjusted Book Growth Rate was 12.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.10% 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 Asia Vital Components Co was 11.10% per year. The lowest was 8.10% per year. And the median was 9.60% per year.

As of today (2024-06-03), Asia Vital Components Co's current stock price is NT$769.00. Asia Vital Components Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$34.94. Asia Vital Components Co's Cyclically Adjusted PB Ratio of today is 22.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Asia Vital Components Co was 22.01. The lowest was 1.18. And the median was 3.11.


Asia Vital Components Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Asia Vital Components 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.

Asia Vital Components Co Cyclically Adjusted Book per Share Chart

Asia Vital Components 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 23.85 24.54 26.98 30.09 33.61

Asia Vital Components 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 31.10 31.99 32.96 33.61 34.94

Competitive Comparison of Asia Vital Components Co's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Asia Vital Components 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.


Asia Vital Components Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Asia Vital Components Co's Cyclically Adjusted PB Ratio falls into.



Asia Vital Components 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, Asia Vital Components 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)
=56.079/131.7762*131.7762
=56.079

Current CPI (Mar. 2024) = 131.7762.

Asia Vital Components Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 20.350 100.560 26.667
201409 21.909 100.428 28.748
201412 23.185 99.070 30.839
201503 23.371 99.621 30.915
201506 22.432 100.684 29.359
201509 24.285 100.392 31.877
201512 24.057 99.792 31.767
201603 24.408 100.470 32.013
201606 23.348 101.688 30.256
201609 22.996 101.861 29.750
201612 23.498 101.863 30.399
201703 22.576 102.862 28.922
201706 22.453 103.349 28.629
201709 23.478 104.136 29.710
201712 24.038 104.011 30.455
201803 25.001 105.290 31.290
201806 24.124 106.317 29.901
201809 23.735 106.507 29.366
201812 24.538 105.998 30.506
201903 25.694 107.251 31.570
201906 25.041 108.070 30.534
201909 24.730 108.329 30.083
201912 25.114 108.420 30.524
202003 25.379 108.902 30.710
202006 25.165 108.767 30.488
202009 27.379 109.815 32.854
202012 29.593 109.897 35.485
202103 28.102 111.754 33.137
202106 30.057 114.631 34.552
202109 32.432 115.734 36.927
202112 34.731 117.630 38.908
202203 34.087 121.301 37.031
202206 36.686 125.017 38.670
202209 41.146 125.227 43.298
202212 43.358 125.222 45.627
202303 45.473 127.348 47.054
202306 48.567 128.729 49.717
202309 53.601 129.860 54.392
202312 57.472 129.419 58.519
202403 56.079 131.776 56.079

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


Asia Vital Components Co  (TPE:3017) 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.

Asia Vital Components Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=769.00/34.94
=22.01

* 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 Asia Vital Components Co was 22.01. The lowest was 1.18. And the median was 3.11.


Be Aware

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


Asia Vital Components Co Cyclically Adjusted Book per Share Related Terms

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


Asia Vital Components Co (TPE:3017) Business Description

Industry
Traded in Other Exchanges
Address
No.248-27, Xinsheng Road, Qianzhen District, Kaohsiung, TWN, 806
Asia Vital Components Co Ltd is a components manufacturer company. It has a large product portfolio consisting of cooling products, fans and blowers, casings, hinges, camera modules, touch panels, and system assembly solutions. The cooling technology used by the firm ranges from natural convection, forced convection, and evaporation conduction to liquid cooling and thermoelectric cooling. These technologies are integrated into computers, telecommunication equipment, and transportation, and other industrial applications. Its geographical segments are Asia, America, Europe, and Others.

Asia Vital Components Co (TPE:3017) Headlines

No Headlines