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Addcn Technology Co (ROCO:5287) Cyclically Adjusted Book per Share : NT$38.43 (As of Mar. 2024)


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What is Addcn 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.

Addcn Technology Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$35.057. 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$38.43 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Addcn Technology Co's average Cyclically Adjusted Book Growth Rate was 6.60% 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.

As of today (2024-06-10), Addcn Technology Co's current stock price is NT$201.50. Addcn Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$38.43. Addcn Technology Co's Cyclically Adjusted PB Ratio of today is 5.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Addcn Technology Co was 6.77. The lowest was 4.63. And the median was 5.36.


Addcn Technology Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Addcn 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.

Addcn Technology Co Cyclically Adjusted Book per Share Chart

Addcn 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 - - 32.45 35.16 37.89

Addcn 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 36.04 36.91 37.63 37.89 38.43

Competitive Comparison of Addcn Technology Co's Cyclically Adjusted Book per Share

For the Internet Content & Information subindustry, Addcn 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.


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

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

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



Addcn 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, Addcn 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)
=35.057/131.7762*131.7762
=35.057

Current CPI (Mar. 2024) = 131.7762.

Addcn Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 27.960 100.560 36.640
201409 30.160 100.428 39.574
201412 31.851 99.070 42.366
201503 33.373 99.621 44.145
201506 28.803 100.684 37.698
201509 31.517 100.392 41.370
201512 33.481 99.792 44.212
201603 35.231 100.470 46.209
201606 28.706 101.688 37.200
201609 31.220 101.861 40.389
201612 33.667 101.863 43.554
201703 35.331 102.862 45.262
201706 29.189 103.349 37.218
201709 31.755 104.136 40.184
201712 33.092 104.011 41.926
201803 36.187 105.290 45.290
201806 27.453 106.317 34.027
201809 28.579 106.507 35.360
201812 30.722 105.998 38.193
201903 33.618 107.251 41.306
201906 26.426 108.070 32.223
201909 29.214 108.329 35.537
201912 31.601 108.420 38.409
202003 33.479 108.902 40.511
202006 26.663 108.767 32.303
202009 29.889 109.815 35.866
202012 32.517 109.897 38.991
202103 35.567 111.754 41.939
202106 38.458 114.631 44.210
202109 31.893 115.734 36.314
202112 35.346 117.630 39.597
202203 28.290 121.301 30.733
202206 32.432 125.017 34.186
202209 31.277 125.227 32.913
202212 33.436 125.222 35.186
202303 32.196 127.348 33.316
202306 35.098 128.729 35.929
202309 34.055 129.860 34.558
202312 36.441 129.419 37.105
202403 35.057 131.776 35.057

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


Addcn Technology Co  (ROCO:5287) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=201.50/38.43
=5.24

* 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 Addcn Technology Co was 6.77. The lowest was 4.63. And the median was 5.36.


Be Aware

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


Addcn Technology Co Cyclically Adjusted Book per Share Related Terms

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


Addcn Technology Co (ROCO:5287) Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Section 5, Lane 609, Chugshin Road, 10th Floor,, Sanchong District, New Taipei, TWN, 241
Addcn Technology Co Ltd operates an Internet trading platform and online apparel retail businesses. The company operates www.8591.com.tw, a game item trading platform; www.591.com.tw, a housing leasing network; www.8891.com.tw, a used car trading network, and an HR channel for small and middle enterprises platform, a part-time job APP platform and a platform for interior design. Geographically, it derives a majority of its revenue from Taiwan.

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