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U-Media Communications (ROCO:6470) Cyclically Adjusted Book per Share : NT$23.89 (As of Mar. 2024)


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What is U-Media Communications 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.

U-Media Communications's adjusted book value per share for the three months ended in Mar. 2024 was NT$27.240. 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$23.89 for the trailing ten years ended in Mar. 2024.

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), U-Media Communications's current stock price is NT$57.20. U-Media Communications's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$23.89. U-Media Communications's Cyclically Adjusted PB Ratio of today is 2.39.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of U-Media Communications was 3.01. The lowest was 2.30. And the median was 2.63.


U-Media Communications Cyclically Adjusted Book per Share Historical Data

The historical data trend for U-Media Communications'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.

U-Media Communications Cyclically Adjusted Book per Share Chart

U-Media Communications 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 - - - - 23.37

U-Media Communications 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 - - 23.02 23.37 23.89

Competitive Comparison of U-Media Communications's Cyclically Adjusted Book per Share

For the Communication Equipment subindustry, U-Media Communications'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.


U-Media Communications's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, U-Media Communications's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where U-Media Communications's Cyclically Adjusted PB Ratio falls into.



U-Media Communications 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, U-Media Communications'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)
=27.24/131.7762*131.7762
=27.240

Current CPI (Mar. 2024) = 131.7762.

U-Media Communications Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 13.767 99.070 18.312
201503 15.185 99.621 20.086
201506 13.659 100.684 17.877
201509 16.057 100.392 21.077
201512 18.527 99.792 24.465
201603 19.353 100.470 25.383
201606 16.876 101.688 21.869
201609 17.438 101.861 22.559
201612 19.601 101.863 25.357
201703 19.952 102.862 25.560
201706 17.203 103.349 21.935
201709 17.587 104.136 22.255
201712 17.700 104.011 22.425
201803 17.395 105.290 21.771
201806 16.905 106.317 20.953
201809 17.997 106.507 22.267
201812 18.977 105.998 23.592
201903 19.280 107.251 23.689
201906 17.528 108.070 21.373
201909 18.722 108.329 22.774
201912 19.816 108.420 24.085
202003 20.491 108.902 24.795
202006 19.057 108.767 23.088
202009 20.950 109.815 25.140
202012 22.032 109.897 26.418
202103 22.812 111.754 26.899
202106 20.023 114.631 23.018
202109 20.732 115.734 23.606
202112 21.898 117.630 24.532
202203 20.431 121.301 22.195
202206 22.518 125.017 23.736
202209 25.084 125.227 26.396
202212 25.486 125.222 26.820
202303 25.746 127.348 26.641
202306 27.434 128.729 28.083
202309 29.369 129.860 29.802
202312 29.046 129.419 29.575
202403 27.240 131.776 27.240

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


U-Media Communications  (ROCO:6470) 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.

U-Media Communications's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=57.20/23.89
=2.39

* 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 12 years, the highest Cyclically Adjusted PB Ratio of U-Media Communications was 3.01. The lowest was 2.30. And the median was 2.63.


Be Aware

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


U-Media Communications Cyclically Adjusted Book per Share Related Terms

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


U-Media Communications (ROCO:6470) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jin-Shan 8th Street, 3rd Floor, Number 1, Hsinchu, TWN, 300
U-Media Communications Inc is a Taiwan based company engaged in electronic component manufacturing, wired and wireless, Line communication machinery and equipment manufacturing, data storage and processing equipment manufacturing, manufacturing output, communication industry engineering, information software services, telecommunications control radio frequency equipment input and manufacturing, etc. The products of the company include Wireless Broadband, Wifi products like WST and Router and Wireless AV.

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