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Lu Hai Holding (TPE:2115) Cyclically Adjusted Book per Share : NT$28.90 (As of Mar. 2024)


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What is Lu Hai Holding 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.

Lu Hai Holding's adjusted book value per share for the three months ended in Mar. 2024 was NT$31.663. 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$28.90 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Lu Hai Holding's average Cyclically Adjusted Book Growth Rate was 6.50% 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.

As of today (2024-06-09), Lu Hai Holding's current stock price is NT$33.50. Lu Hai Holding's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$28.90. Lu Hai Holding's Cyclically Adjusted PB Ratio of today is 1.16.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lu Hai Holding was 1.80. The lowest was 1.01. And the median was 1.15.


Lu Hai Holding Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lu Hai Holding'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.

Lu Hai Holding Cyclically Adjusted Book per Share Chart

Lu Hai Holding 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 - - 24.06 26.56 28.14

Lu Hai Holding 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 27.14 27.50 28.01 28.14 28.90

Competitive Comparison of Lu Hai Holding's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, Lu Hai Holding'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.


Lu Hai Holding's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lu Hai Holding's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Lu Hai Holding's Cyclically Adjusted PB Ratio falls into.



Lu Hai Holding 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, Lu Hai Holding'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)
=31.663/131.7762*131.7762
=31.663

Current CPI (Mar. 2024) = 131.7762.

Lu Hai Holding Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.669 100.560 21.844
201409 17.720 100.428 23.251
201412 18.840 99.070 25.060
201503 20.994 99.621 27.770
201506 19.120 100.684 25.024
201509 20.481 100.392 26.884
201512 20.732 99.792 27.377
201603 21.102 100.470 27.677
201606 19.824 101.688 25.690
201609 19.954 101.861 25.814
201612 20.569 101.863 26.609
201703 20.234 102.862 25.922
201706 20.647 103.349 26.326
201709 21.450 104.136 27.143
201712 22.106 104.011 28.007
201803 22.627 105.290 28.319
201806 21.725 106.317 26.927
201809 21.374 106.507 26.445
201812 22.410 105.998 27.860
201903 23.611 107.251 29.010
201906 23.001 108.070 28.047
201909 22.743 108.329 27.665
201912 23.145 108.420 28.131
202003 22.808 108.902 27.599
202006 24.513 108.767 29.699
202009 25.603 109.815 30.723
202012 27.358 109.897 32.805
202103 29.692 111.754 35.012
202106 28.979 114.631 33.313
202109 28.598 115.734 32.562
202112 29.763 117.630 33.342
202203 31.528 121.301 34.251
202206 29.632 125.017 31.234
202209 30.819 125.227 32.431
202212 30.555 125.222 32.154
202303 32.049 127.348 33.163
202306 29.991 128.729 30.701
202309 30.970 129.860 31.427
202312 30.455 129.419 31.010
202403 31.663 131.776 31.663

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


Lu Hai Holding  (TPE:2115) 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.

Lu Hai Holding's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=33.50/28.9
=1.16

* 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 Lu Hai Holding was 1.80. The lowest was 1.01. And the median was 1.15.


Be Aware

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


Lu Hai Holding Cyclically Adjusted Book per Share Related Terms

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


Lu Hai Holding (TPE:2115) Business Description

Traded in Other Exchanges
N/A
Address
No. 64, Shing-Kong 5th Road, Tien-Chung Industrial District, Tien-Chung, Chang-Hua, TWN
Lu Hai Holding Corp operates in the auto parts industry. It is engaged in the production, processing and sale of tire valves and accessories The company serves the tire, automobile, truck and agriculture vehicles industry.

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