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King Slide Works Co (TPE:2059) Cyclically Adjusted Book per Share : NT$131.23 (As of Mar. 2024)


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What is King Slide Works 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.

King Slide Works Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$187.356. 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$131.23 for the trailing ten years ended in Mar. 2024.

During the past 12 months, King Slide Works Co's average Cyclically Adjusted Book Growth Rate was 11.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.60% 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 King Slide Works Co was 14.60% per year. The lowest was 13.00% per year. And the median was 13.80% per year.

As of today (2024-06-05), King Slide Works Co's current stock price is NT$1115.00. King Slide Works Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$131.23. King Slide Works Co's Cyclically Adjusted PB Ratio of today is 8.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of King Slide Works Co was 10.87. The lowest was 3.25. And the median was 4.26.


King Slide Works Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for King Slide Works 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.

King Slide Works Co Cyclically Adjusted Book per Share Chart

King Slide Works 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 78.54 84.02 97.89 113.43 126.45

King Slide Works 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 117.80 121.24 124.60 126.45 131.23

Competitive Comparison of King Slide Works Co's Cyclically Adjusted Book per Share

For the Furnishings, Fixtures & Appliances subindustry, King Slide Works 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.


King Slide Works Co's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, King Slide Works Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where King Slide Works Co's Cyclically Adjusted PB Ratio falls into.



King Slide Works 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, King Slide Works 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)
=187.356/131.7762*131.7762
=187.356

Current CPI (Mar. 2024) = 131.7762.

King Slide Works Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 62.214 100.560 81.527
201409 66.832 100.428 87.694
201412 73.541 99.070 97.820
201503 77.676 99.621 102.748
201506 71.831 100.684 94.013
201509 79.863 100.392 104.830
201512 84.670 99.792 111.807
201603 87.525 100.470 114.797
201606 80.563 101.688 104.400
201609 83.723 101.861 108.311
201612 90.874 101.863 117.561
201703 91.962 102.862 117.812
201706 85.256 103.349 108.706
201709 88.765 104.136 112.326
201712 92.126 104.011 116.718
201803 95.518 105.290 119.547
201806 96.479 106.317 119.583
201809 100.639 106.507 124.516
201812 105.717 105.998 131.427
201903 110.418 107.251 135.668
201906 104.607 108.070 127.554
201909 109.227 108.329 132.868
201912 112.496 108.420 136.730
202003 117.289 108.902 141.925
202006 111.008 108.767 134.491
202009 114.135 109.815 136.960
202012 116.699 109.897 139.933
202103 121.254 111.754 142.978
202106 125.277 114.631 144.014
202109 125.773 115.734 143.206
202112 132.253 117.630 148.158
202203 141.854 121.301 154.104
202206 141.454 125.017 149.102
202209 157.048 125.227 165.262
202212 164.101 125.222 172.690
202303 168.908 127.348 174.782
202306 156.377 128.729 160.079
202309 167.064 129.860 169.530
202312 172.473 129.419 175.614
202403 187.356 131.776 187.356

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


King Slide Works Co  (TPE:2059) 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.

King Slide Works Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1115.00/131.23
=8.50

* 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 King Slide Works Co was 10.87. The lowest was 3.25. And the median was 4.26.


Be Aware

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


King Slide Works Co Cyclically Adjusted Book per Share Related Terms

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


King Slide Works Co (TPE:2059) Business Description

Traded in Other Exchanges
N/A
Address
No. 136, Lane 275, Shun An Road, Lu Chu District, Kaohsiung, TWN, 82150
King Slide Works Co Ltd is a Taiwan-based company that manufactures and distributes electronic parts and components. The company operates primarily through two subsidiaries: King Slide Works and King Slide Technology. King Slide Works is a Taiwan-based company that develops, manufactures, and markets furniture accessories, including under-mount slides, ball-bearing slides, epoxy-coated drawer slides, and hinges. King Slide Technology develops and manufactures high-precision metal components applied in computer, communications, and consumer electronics products. The company has a global presence, with Taiwan, America, and China being its three largest markets.

King Slide Works Co (TPE:2059) Headlines

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