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AimCore technology Co (ROCO:3615) Cyclically Adjusted Book per Share : NT$42.32 (As of Mar. 2024)


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What is AimCore technology 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.

AimCore technology Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$32.898. 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$42.32 for the trailing ten years ended in Mar. 2024.

During the past 12 months, AimCore technology Co's average Cyclically Adjusted Book Growth Rate was -0.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.60% 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 AimCore technology Co was 2.80% per year. The lowest was 2.60% per year. And the median was 2.70% per year.

As of today (2024-06-10), AimCore technology Co's current stock price is NT$25.55. AimCore technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$42.32. AimCore technology Co's Cyclically Adjusted PB Ratio of today is 0.60.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AimCore technology Co was 0.76. The lowest was 0.29. And the median was 0.49.


AimCore technology Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for AimCore technology 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.

AimCore technology Co Cyclically Adjusted Book per Share Chart

AimCore technology 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 38.79 38.88 40.91 42.17 42.01

AimCore technology 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 42.63 42.66 42.61 42.01 42.32

Competitive Comparison of AimCore technology Co's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, AimCore technology 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.


AimCore technology Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



AimCore technology 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, AimCore technology 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)
=32.898/131.7762*131.7762
=32.898

Current CPI (Mar. 2024) = 131.7762.

AimCore technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 37.990 100.560 49.783
201409 36.609 100.428 48.036
201412 36.451 99.070 48.485
201503 36.514 99.621 48.300
201506 36.658 100.684 47.978
201509 37.083 100.392 48.676
201512 36.957 99.792 48.802
201603 36.643 100.470 48.061
201606 36.287 101.688 47.024
201609 36.731 101.861 47.518
201612 37.880 101.863 49.004
201703 37.789 102.862 48.411
201706 37.478 103.349 47.787
201709 38.582 104.136 48.823
201712 38.513 104.011 48.794
201803 39.091 105.290 48.925
201806 38.545 106.317 47.775
201809 38.390 106.507 47.498
201812 38.111 105.998 47.379
201903 38.039 107.251 46.738
201906 37.276 108.070 45.453
201909 37.080 108.329 45.106
201912 31.450 108.420 38.225
202003 31.257 108.902 37.823
202006 31.104 108.767 37.684
202009 30.371 109.815 36.445
202012 30.401 109.897 36.454
202103 30.824 111.754 36.346
202106 31.402 114.631 36.099
202109 31.685 115.734 36.077
202112 32.167 117.630 36.036
202203 33.028 121.301 35.880
202206 32.300 125.017 34.046
202209 32.408 125.227 34.103
202212 32.694 125.222 34.405
202303 32.946 127.348 34.092
202306 33.232 128.729 34.019
202309 33.453 129.860 33.947
202312 33.417 129.419 34.026
202403 32.898 131.776 32.898

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


AimCore technology Co  (ROCO:3615) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=25.55/42.32
=0.60

* 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 AimCore technology Co was 0.76. The lowest was 0.29. And the median was 0.49.


Be Aware

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


AimCore technology Co Cyclically Adjusted Book per Share Related Terms

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


AimCore technology Co (ROCO:3615) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No 10 Kuangfu N.Road, Hsin Chu Industrial Park, Hsinchu, TWN, 30351
AimCore technology Co Ltd focuses on the manufacture and sale of conductive glass in Taiwan. Its products include touch panel ITO glass, TN/STN LCD ITO glass, black matrix glass, and color filter top ITO glass.

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