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Y C C Parts Manufacturing Co (TPE:1339) Cyclically Adjusted Book per Share : NT$51.80 (As of Mar. 2024)


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What is Y C C Parts Manufacturing 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.

Y C C Parts Manufacturing Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$52.180. 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$51.80 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Y C C Parts Manufacturing Co's average Cyclically Adjusted Book Growth Rate was 7.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.20% 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 Y C C Parts Manufacturing Co was 10.20% per year. The lowest was 9.80% per year. And the median was 10.00% per year.

As of today (2024-06-07), Y C C Parts Manufacturing Co's current stock price is NT$69.40. Y C C Parts Manufacturing Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$51.80. Y C C Parts Manufacturing Co's Cyclically Adjusted PB Ratio of today is 1.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Y C C Parts Manufacturing Co was 1.56. The lowest was 0.76. And the median was 0.98.


Y C C Parts Manufacturing Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Y C C Parts Manufacturing 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.

Y C C Parts Manufacturing Co Cyclically Adjusted Book per Share Chart

Y C C Parts Manufacturing 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 35.53 37.74 42.26 47.03 50.46

Y C C Parts Manufacturing 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 48.23 49.21 50.13 50.46 51.80

Competitive Comparison of Y C C Parts Manufacturing Co's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, Y C C Parts Manufacturing 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.


Y C C Parts Manufacturing Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Y C C Parts Manufacturing Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Y C C Parts Manufacturing Co's Cyclically Adjusted PB Ratio falls into.



Y C C Parts Manufacturing 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, Y C C Parts Manufacturing 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)
=52.18/131.7762*131.7762
=52.180

Current CPI (Mar. 2024) = 131.7762.

Y C C Parts Manufacturing Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 26.192 100.560 34.323
201409 27.139 100.428 35.610
201412 28.460 99.070 37.856
201503 37.937 99.621 50.182
201506 36.549 100.684 47.836
201509 37.689 100.392 49.471
201512 39.677 99.792 52.394
201603 40.263 100.470 52.809
201606 38.755 101.688 50.222
201609 38.780 101.861 50.169
201612 40.845 101.863 52.840
201703 40.204 102.862 51.505
201706 39.964 103.349 50.956
201709 41.765 104.136 52.851
201712 42.821 104.011 54.252
201803 43.662 105.290 54.646
201806 44.300 106.317 54.908
201809 44.307 106.507 54.819
201812 44.317 105.998 55.095
201903 45.959 107.251 56.469
201906 46.019 108.070 56.114
201909 46.825 108.329 56.960
201912 47.029 108.420 57.160
202003 47.618 108.902 57.620
202006 45.364 108.767 54.960
202009 46.087 109.815 55.304
202012 46.814 109.897 56.134
202103 47.673 111.754 56.214
202106 45.551 114.631 52.364
202109 45.634 115.734 51.959
202112 46.455 117.630 52.042
202203 46.285 121.301 50.282
202206 48.196 125.017 50.802
202209 50.512 125.227 53.154
202212 50.109 125.222 52.732
202303 48.087 127.348 49.759
202306 49.387 128.729 50.556
202309 51.614 129.860 52.376
202312 53.233 129.419 54.202
202403 52.180 131.776 52.180

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


Y C C Parts Manufacturing Co  (TPE:1339) 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.

Y C C Parts Manufacturing Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=69.40/51.8
=1.34

* 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 Y C C Parts Manufacturing Co was 1.56. The lowest was 0.76. And the median was 0.98.


Be Aware

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


Y C C Parts Manufacturing Co Cyclically Adjusted Book per Share Related Terms

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


Y C C Parts Manufacturing Co (TPE:1339) Business Description

Traded in Other Exchanges
N/A
Address
No.8, Xingye Road, Lukang Township, ChangHua County, Lukang, TWN, 505
Y C C Parts Manufacturing Co Ltd is engaged in manufacturing and trading automobiles parts, import and export as well as operating and reinvesting related businesses. The company's products include Bumpers, Grilles, Head Lamp Mounting Panels, Valances, Head Lamps, and Others.

Y C C Parts Manufacturing Co (TPE:1339) Headlines

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