GURUFOCUS.COM » STOCK LIST » Technology » Hardware » WPG Holding Co Ltd (TPE:3702) » Definitions » Cyclically Adjusted Book per Share

WPG Holding Co (TPE:3702) Cyclically Adjusted Book per Share : NT$42.73 (As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is WPG 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.

WPG Holding Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$52.693. 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$42.73 for the trailing ten years ended in Mar. 2024.

During the past 12 months, WPG Holding Co's average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.20% 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 WPG Holding Co was 9.20% per year. The lowest was 8.10% per year. And the median was 8.65% per year.

As of today (2024-06-07), WPG Holding Co's current stock price is NT$86.90. WPG Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$42.73. WPG Holding Co's Cyclically Adjusted PB Ratio of today is 2.03.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of WPG Holding Co was 2.34. The lowest was 1.08. And the median was 1.36.


WPG Holding Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for WPG 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.

WPG Holding Co Cyclically Adjusted Book per Share Chart

WPG 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 30.78 31.89 35.15 38.84 41.57

WPG 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 39.83 40.60 41.36 41.57 42.73

Competitive Comparison of WPG Holding Co's Cyclically Adjusted Book per Share

For the Electronics & Computer Distribution subindustry, WPG 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.


WPG Holding Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where WPG Holding Co's Cyclically Adjusted PB Ratio falls into.



WPG 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, WPG 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)
=52.693/131.7762*131.7762
=52.693

Current CPI (Mar. 2024) = 131.7762.

WPG Holding Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 25.584 100.560 33.526
201409 27.339 100.428 35.873
201412 29.579 99.070 39.344
201503 30.092 99.621 39.805
201506 27.512 100.684 36.008
201509 30.761 100.392 40.378
201512 31.361 99.792 41.412
201603 31.548 100.470 41.378
201606 29.954 101.688 38.817
201609 30.126 101.861 38.974
201612 31.399 101.863 40.620
201703 30.190 102.862 38.676
201706 30.279 103.349 38.608
201709 30.261 104.136 38.293
201712 30.683 104.011 38.874
201803 30.852 105.290 38.613
201806 31.141 106.317 38.598
201809 31.265 106.507 38.683
201812 32.375 105.998 40.248
201903 33.338 107.251 40.962
201906 31.824 108.070 38.805
201909 37.400 108.329 45.495
201912 36.611 108.420 44.498
202003 37.732 108.902 45.658
202006 36.119 108.767 43.760
202009 36.709 109.815 44.050
202012 37.801 109.897 45.327
202103 39.319 111.754 46.363
202106 38.059 114.631 43.751
202109 39.304 115.734 44.752
202112 40.737 117.630 45.636
202203 44.807 121.301 48.676
202206 43.484 125.017 45.835
202209 48.596 125.227 51.138
202212 47.084 125.222 49.548
202303 47.521 127.348 49.173
202306 45.808 128.729 46.892
202309 49.188 129.860 49.914
202312 48.625 129.419 49.510
202403 52.693 131.776 52.693

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


WPG Holding Co  (TPE:3702) 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.

WPG Holding Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=86.90/42.73
=2.03

* 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 WPG Holding Co was 2.34. The lowest was 1.08. And the median was 1.36.


Be Aware

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


WPG Holding Co Cyclically Adjusted Book per Share Related Terms

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


WPG Holding Co (TPE:3702) Business Description

Industry
Traded in Other Exchanges
Address
No. 189, Jingmao 2nd Road, 22nd Floor, Nangang District, Taipei, TWN, 11568
WPG Holding Co Ltd is a semiconductor and electronics distributor, headquartered in Taiwan. Its main market in Asia-Pacific. The company provides semiconductor distribution value-added services as demand creation, turnkey solution, technical support, warehousing, logistics, and e-commerce. Its main clients are equipment manufacturers, electronic manufacturers, and small and midsize enterprises.

WPG Holding Co (TPE:3702) Headlines

No Headlines