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Kingcan Holdings (TPE:8411) Cyclically Adjusted Book per Share : NT$37.28 (As of Mar. 2024)


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What is Kingcan Holdings 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.

Kingcan Holdings's adjusted book value per share for the three months ended in Mar. 2024 was NT$26.698. 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$37.28 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.90% 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 Kingcan Holdings was 6.50% per year. The lowest was 5.90% per year. And the median was 6.20% per year.

As of today (2024-06-09), Kingcan Holdings's current stock price is NT$14.10. Kingcan Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$37.28. Kingcan Holdings's Cyclically Adjusted PB Ratio of today is 0.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kingcan Holdings was 0.55. The lowest was 0.30. And the median was 0.43.


Kingcan Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kingcan Holdings'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.

Kingcan Holdings Cyclically Adjusted Book per Share Chart

Kingcan Holdings 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 30.22 31.13 33.97 36.51 37.00

Kingcan Holdings 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 - 37.49 37.50 37.00 37.28

Competitive Comparison of Kingcan Holdings's Cyclically Adjusted Book per Share

For the Packaging & Containers subindustry, Kingcan Holdings'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.


Kingcan Holdings's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Kingcan Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kingcan Holdings 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, Kingcan Holdings'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)
=26.698/131.7762*131.7762
=26.698

Current CPI (Mar. 2024) = 131.7762.

Kingcan Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 30.998 100.560 40.621
201409 32.303 100.428 42.386
201412 33.450 99.070 44.493
201503 33.507 99.621 44.322
201506 32.479 100.684 42.509
201509 34.359 100.392 45.100
201512 33.618 99.792 44.393
201603 33.521 100.470 43.966
201606 32.540 101.688 42.168
201609 32.125 101.861 41.560
201612 31.996 101.863 41.392
201703 30.652 102.862 39.268
201706 31.354 103.349 39.978
201709 32.411 104.136 41.014
201712 33.135 104.011 41.980
201803 33.907 105.290 42.437
201806 32.370 106.317 40.122
201809 30.570 106.507 37.823
201812 30.797 105.998 38.287
201903 31.448 107.251 38.639
201906 30.582 108.070 37.291
201909 28.881 108.329 35.132
201912 29.124 108.420 35.398
202003 28.222 108.902 34.150
202006 27.864 108.767 33.758
202009 29.166 109.815 34.999
202012 29.937 109.897 35.897
202103 29.796 111.754 35.134
202106 29.907 114.631 34.380
202109 30.180 115.734 34.363
202112 32.052 117.630 35.907
202203 33.249 121.301 36.120
202206 31.109 125.017 32.791
202209 29.631 125.227 31.181
202212 26.795 125.222 28.198
202303 0.000 127.348 0.000
202306 25.667 128.729 26.275
202309 26.632 129.860 27.025
202312 26.326 129.419 26.805
202403 26.698 131.776 26.698

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


Kingcan Holdings  (TPE:8411) 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.

Kingcan Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14.10/37.28
=0.38

* 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 Kingcan Holdings was 0.55. The lowest was 0.30. And the median was 0.43.


Be Aware

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


Kingcan Holdings Cyclically Adjusted Book per Share Related Terms

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


Kingcan Holdings (TPE:8411) Business Description

Traded in Other Exchanges
N/A
Address
Hibiscus Way, 802 West Bay Road, PO Box 31119 Grand Pavilion, Grand Cayman, CYM, KY1-1205
Kingcan Holdings Ltd specializes in the production of metal packaging containers for all types of easy-to-open three-piece tinplate beverage cans, food, and vegetable cans. Its products and services include Tinplate packaging containers, Aluminum product packaging containers, Tinplate color printing, Tinplate coating, Food, and beverage filling, and others. The majority of the revenue is generated from China.

Kingcan Holdings (TPE:8411) Headlines

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