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Acelon Chemicals & Fiber (TPE:1466) Cyclically Adjusted Book per Share : NT$18.30 (As of Mar. 2024)


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What is Acelon Chemicals & Fiber 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.

Acelon Chemicals & Fiber's adjusted book value per share for the three months ended in Mar. 2024 was NT$12.830. 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$18.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Acelon Chemicals & Fiber's average Cyclically Adjusted Book Growth Rate was -1.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.20% 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 Acelon Chemicals & Fiber was 2.40% per year. The lowest was 2.20% per year. And the median was 2.30% per year.

As of today (2024-06-05), Acelon Chemicals & Fiber's current stock price is NT$12.55. Acelon Chemicals & Fiber's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$18.30. Acelon Chemicals & Fiber's Cyclically Adjusted PB Ratio of today is 0.69.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Acelon Chemicals & Fiber was 1.59. The lowest was 0.35. And the median was 0.73.


Acelon Chemicals & Fiber Cyclically Adjusted Book per Share Historical Data

The historical data trend for Acelon Chemicals & Fiber'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.

Acelon Chemicals & Fiber Cyclically Adjusted Book per Share Chart

Acelon Chemicals & Fiber 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 17.12 17.04 17.81 18.39 18.20

Acelon Chemicals & Fiber 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 18.51 18.52 18.48 18.20 18.30

Competitive Comparison of Acelon Chemicals & Fiber's Cyclically Adjusted Book per Share

For the Textile Manufacturing subindustry, Acelon Chemicals & Fiber'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.


Acelon Chemicals & Fiber's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Acelon Chemicals & Fiber's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Acelon Chemicals & Fiber's Cyclically Adjusted PB Ratio falls into.



Acelon Chemicals & Fiber 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, Acelon Chemicals & Fiber'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)
=12.83/131.7762*131.7762
=12.830

Current CPI (Mar. 2024) = 131.7762.

Acelon Chemicals & Fiber Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.339 100.560 21.411
201409 16.669 100.428 21.872
201412 17.105 99.070 22.752
201503 17.107 99.621 22.629
201506 16.517 100.684 21.618
201509 16.714 100.392 21.939
201512 16.679 99.792 22.025
201603 16.260 100.470 21.326
201606 16.056 101.688 20.807
201609 15.935 101.861 20.615
201612 15.777 101.863 20.410
201703 15.951 102.862 20.435
201706 15.797 103.349 20.142
201709 15.561 104.136 19.691
201712 15.655 104.011 19.834
201803 15.536 105.290 19.444
201806 15.381 106.317 19.064
201809 15.061 106.507 18.634
201812 14.784 105.998 18.379
201903 14.980 107.251 18.406
201906 14.857 108.070 18.116
201909 14.674 108.329 17.850
201912 13.875 108.420 16.864
202003 13.765 108.902 16.656
202006 13.421 108.767 16.260
202009 13.871 109.815 16.645
202012 14.179 109.897 17.002
202103 14.538 111.754 17.143
202106 15.034 114.631 17.283
202109 15.448 115.734 17.589
202112 15.800 117.630 17.700
202203 16.210 121.301 17.610
202206 15.245 125.017 16.069
202209 14.867 125.227 15.645
202212 14.357 125.222 15.108
202303 13.661 127.348 14.136
202306 13.270 128.729 13.584
202309 13.096 129.860 13.289
202312 12.987 129.419 13.224
202403 12.830 131.776 12.830

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


Acelon Chemicals & Fiber  (TPE:1466) 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.

Acelon Chemicals & Fiber's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.55/18.3
=0.69

* 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 Acelon Chemicals & Fiber was 1.59. The lowest was 0.35. And the median was 0.73.


Be Aware

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


Acelon Chemicals & Fiber Cyclically Adjusted Book per Share Related Terms

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


Acelon Chemicals & Fiber (TPE:1466) Business Description

Traded in Other Exchanges
N/A
Address
No.94 Fan Chin Road, Pu yan Hsiang, Chang Hua, TWN
Acelon Chemicals & Fiber Corp operates in the textile manufacturing industry. The product offered by the company includes Nylon yarn, Polyester yarn, Nylon textured yarn, Polyester textured yarn, and Others.

Acelon Chemicals & Fiber (TPE:1466) Headlines

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