GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Makalot Industrial Co Ltd (TPE:1477) » Definitions » Cyclically Adjusted Book per Share

Makalot Industrial Co (TPE:1477) Cyclically Adjusted Book per Share : NT$52.05 (As of Mar. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Makalot Industrial 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.

Makalot Industrial Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$54.446. 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$52.05 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Makalot Industrial Co's average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.30% 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 Makalot Industrial Co was 12.30% per year. The lowest was 10.70% per year. And the median was 11.50% per year.

As of today (2024-06-01), Makalot Industrial Co's current stock price is NT$385.00. Makalot Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$52.05. Makalot Industrial Co's Cyclically Adjusted PB Ratio of today is 7.40.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Makalot Industrial Co was 7.95. The lowest was 2.96. And the median was 5.29.


Makalot Industrial Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Makalot Industrial 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.

Makalot Industrial Co Cyclically Adjusted Book per Share Chart

Makalot Industrial 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 34.30 35.79 41.04 46.52 50.73

Makalot Industrial 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 47.78 48.96 50.14 50.73 52.05

Competitive Comparison of Makalot Industrial Co's Cyclically Adjusted Book per Share

For the Apparel Manufacturing subindustry, Makalot Industrial 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.


Makalot Industrial Co's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Makalot Industrial 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, Makalot Industrial 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)
=54.446/131.7762*131.7762
=54.446

Current CPI (Mar. 2024) = 131.7762.

Makalot Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 24.368 100.560 31.933
201409 34.904 100.428 45.799
201412 37.077 99.070 49.317
201503 39.888 99.621 52.763
201506 35.069 100.684 45.899
201509 38.970 100.392 51.153
201512 40.980 99.792 54.114
201603 43.441 100.470 56.977
201606 36.194 101.688 46.903
201609 37.543 101.861 48.569
201612 38.690 101.863 50.052
201703 39.162 102.862 50.170
201706 33.953 103.349 43.292
201709 36.343 104.136 45.989
201712 37.342 104.011 47.310
201803 38.435 105.290 48.104
201806 34.538 106.317 42.809
201809 37.025 106.507 45.809
201812 38.984 105.998 48.465
201903 41.232 107.251 50.661
201906 36.305 108.070 44.269
201909 39.122 108.329 47.590
201912 40.440 108.420 49.152
202003 42.459 108.902 51.377
202006 38.811 108.767 47.021
202009 42.128 109.815 50.553
202012 44.840 109.897 53.767
202103 48.742 111.754 57.475
202106 50.671 114.631 58.250
202109 53.921 115.734 61.395
202112 56.697 117.630 63.516
202203 51.431 121.301 55.872
202206 55.011 125.017 57.985
202209 60.637 125.227 63.808
202212 63.497 125.222 66.821
202303 52.790 127.348 54.626
202306 56.472 128.729 57.809
202309 62.627 129.860 63.551
202312 65.408 129.419 66.599
202403 54.446 131.776 54.446

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


Makalot Industrial Co  (TPE:1477) 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.

Makalot Industrial Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=385.00/52.05
=7.40

* 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 Makalot Industrial Co was 7.95. The lowest was 2.96. And the median was 5.29.


Be Aware

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


Makalot Industrial Co Cyclically Adjusted Book per Share Related Terms

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


Makalot Industrial Co (TPE:1477) Business Description

Traded in Other Exchanges
N/A
Address
No. 550, Zhongxiao East Road, 8th Floor, Section 4, Taipei, TWN, 110
Makalot Industrial Co Ltd is a Taiwan-based company. The company along with its subsidiaries is involved in the manufacturing and processing of garments. Geographically the company earns revenue from the American region and other regions with the majority earned from the American region.

Makalot Industrial Co (TPE:1477) Headlines

No Headlines