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Oriental Union Chemical (TPE:1710) Cyclically Adjusted Book per Share : NT$19.15 (As of Mar. 2024)


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What is Oriental Union Chemical 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.

Oriental Union Chemical's adjusted book value per share for the three months ended in Mar. 2024 was NT$13.798. 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$19.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Oriental Union Chemical's average Cyclically Adjusted Book Growth Rate was -2.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.90% 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 Oriental Union Chemical was 1.30% per year. The lowest was 0.90% per year. And the median was 1.10% per year.

As of today (2024-06-01), Oriental Union Chemical's current stock price is NT$17.30. Oriental Union Chemical's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$19.15. Oriental Union Chemical's Cyclically Adjusted PB Ratio of today is 0.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Oriental Union Chemical was 1.39. The lowest was 0.75. And the median was 1.03.


Oriental Union Chemical Cyclically Adjusted Book per Share Historical Data

The historical data trend for Oriental Union Chemical'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.

Oriental Union Chemical Cyclically Adjusted Book per Share Chart

Oriental Union Chemical 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 18.81 18.58 19.23 19.54 19.11

Oriental Union Chemical 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 19.61 19.58 19.48 19.11 19.15

Competitive Comparison of Oriental Union Chemical's Cyclically Adjusted Book per Share

For the Chemicals subindustry, Oriental Union Chemical'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.


Oriental Union Chemical's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Oriental Union Chemical's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Oriental Union Chemical's Cyclically Adjusted PB Ratio falls into.



Oriental Union Chemical 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, Oriental Union Chemical'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)
=13.798/131.7762*131.7762
=13.798

Current CPI (Mar. 2024) = 131.7762.

Oriental Union Chemical Quarterly Data

Book Value per Share CPI Adj_Book
201406 18.686 100.560 24.487
201409 18.878 100.428 24.771
201412 19.032 99.070 25.315
201503 18.940 99.621 25.053
201506 18.197 100.684 23.816
201509 17.931 100.392 23.537
201512 17.238 99.792 22.763
201603 17.026 100.470 22.331
201606 16.024 101.688 20.765
201609 15.483 101.861 20.030
201612 15.453 101.863 19.991
201703 15.761 102.862 20.191
201706 15.643 103.349 19.946
201709 16.652 104.136 21.072
201712 16.984 104.011 21.518
201803 17.610 105.290 22.040
201806 16.484 106.317 20.431
201809 17.019 106.507 21.057
201812 17.165 105.998 21.339
201903 17.685 107.251 21.729
201906 15.853 108.070 19.331
201909 15.627 108.329 19.009
201912 15.510 108.420 18.851
202003 14.662 108.902 17.742
202006 14.359 108.767 17.397
202009 14.308 109.815 17.169
202012 13.882 109.897 16.646
202103 14.565 111.754 17.174
202106 14.709 114.631 16.909
202109 14.785 115.734 16.834
202112 14.644 117.630 16.405
202203 14.870 121.301 16.154
202206 13.646 125.017 14.384
202209 13.343 125.227 14.041
202212 13.679 125.222 14.395
202303 14.532 127.348 15.037
202306 14.212 128.729 14.548
202309 14.147 129.860 14.356
202312 13.442 129.419 13.687
202403 13.798 131.776 13.798

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


Oriental Union Chemical  (TPE:1710) 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.

Oriental Union Chemical's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.30/19.15
=0.90

* 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 Oriental Union Chemical was 1.39. The lowest was 0.75. And the median was 1.03.


Be Aware

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


Oriental Union Chemical Cyclically Adjusted Book per Share Related Terms

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


Oriental Union Chemical (TPE:1710) Business Description

Traded in Other Exchanges
N/A
Address
No. 101, Fu-Hsing North Road, 13th Floor, Taipei, TWN, 105
Oriental Union Chemical Corp is a Taiwan-based manufacturer and distributor of chemicals and plastic products. The firm is organized in four main segments: ethylene glycols, special chemicals, gas, and investment and other. The ethylene glycols segment, which generates the majority of the firm's revenue, sells chemicals used in the production of polyester, antifreeze, brake fluid, and plastic food and beverage containers. The special chemicals segment sells chemicals used in the production of textiles, personal care products, leather products, rubber, and construction and building materials. The gas segment sells oxygen, nitrogen, and argon. The vast majority of the company's revenue comes from Asia.

Oriental Union Chemical (TPE:1710) Headlines

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