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Newretail Co (ROCO:3085) Cyclically Adjusted Book per Share : NT$25.25 (As of Mar. 2024)


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What is Newretail 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.

Newretail Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$3.833. 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$25.25 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Newretail Co's average Cyclically Adjusted Book Growth Rate was -17.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -15.60% 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 Newretail Co was -12.90% per year. The lowest was -15.60% per year. And the median was -14.25% per year.

As of today (2024-06-07), Newretail Co's current stock price is NT$15.00. Newretail Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$25.25. Newretail Co's Cyclically Adjusted PB Ratio of today is 0.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Newretail Co was 0.79. The lowest was 0.23. And the median was 0.52.


Newretail Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Newretail 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.

Newretail Co Cyclically Adjusted Book per Share Chart

Newretail 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 47.98 42.92 36.94 31.66 25.83

Newretail 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 30.54 29.21 27.72 25.83 25.25

Competitive Comparison of Newretail Co's Cyclically Adjusted Book per Share

For the Internet Content & Information subindustry, Newretail 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.


Newretail Co's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Newretail Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Newretail 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, Newretail 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)
=3.833/131.7762*131.7762
=3.833

Current CPI (Mar. 2024) = 131.7762.

Newretail Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 33.575 100.560 43.998
201409 33.505 100.428 43.964
201412 33.329 99.070 44.332
201503 32.880 99.621 43.493
201506 32.691 100.684 42.786
201509 32.756 100.392 42.996
201512 33.928 99.792 44.802
201603 33.770 100.470 44.292
201606 33.533 101.688 43.455
201609 32.798 101.861 42.430
201612 34.642 101.863 44.815
201703 42.537 102.862 54.494
201706 54.270 103.349 69.197
201709 50.775 104.136 64.252
201712 39.640 104.011 50.222
201803 40.223 105.290 50.342
201806 38.305 106.317 47.478
201809 36.369 106.507 44.998
201812 20.042 105.998 24.916
201903 15.893 107.251 19.527
201906 13.443 108.070 16.392
201909 10.563 108.329 12.849
201912 2.972 108.420 3.612
202003 1.381 108.902 1.671
202006 0.619 108.767 0.750
202009 1.937 109.815 2.324
202012 2.285 109.897 2.740
202103 2.051 111.754 2.418
202106 1.757 114.631 2.020
202109 3.846 115.734 4.379
202112 3.860 117.630 4.324
202203 6.286 121.301 6.829
202206 6.101 125.017 6.431
202209 6.131 125.227 6.452
202212 5.897 125.222 6.206
202303 5.572 127.348 5.766
202306 5.205 128.729 5.328
202309 4.763 129.860 4.833
202312 4.147 129.419 4.223
202403 3.833 131.776 3.833

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


Newretail Co  (ROCO:3085) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15.00/25.25
=0.59

* 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 Newretail Co was 0.79. The lowest was 0.23. And the median was 0.52.


Be Aware

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


Newretail Co Cyclically Adjusted Book per Share Related Terms

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


Newretail Co (ROCO:3085) Business Description

Traded in Other Exchanges
N/A
Address
Number 66, Nanjing West Road, 5th Floor, Datong District, Taipei, TWN
Newretail Co Ltd provides internet marketing services in Taiwan. It offers digital marketing content management platform, digital marketing marketplace management platform and digital marketing database management platform.

Newretail Co (ROCO:3085) Headlines

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