GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CyberTAN Technology Inc (TPE:3062) » Definitions » Cyclically Adjusted Book per Share

CyberTAN Technology (TPE:3062) Cyclically Adjusted Book per Share : NT$19.81 (As of Mar. 2024)


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

What is CyberTAN Technology 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.

CyberTAN Technology's adjusted book value per share for the three months ended in Mar. 2024 was NT$14.506. 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$19.81 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CyberTAN Technology's average Cyclically Adjusted Book Growth Rate was 0.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.40% 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 CyberTAN Technology was 3.40% per year. The lowest was 3.40% per year. And the median was 3.40% per year.

As of today (2024-06-09), CyberTAN Technology's current stock price is NT$24.30. CyberTAN Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$19.81. CyberTAN Technology's Cyclically Adjusted PB Ratio of today is 1.23.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CyberTAN Technology was 1.89. The lowest was 0.63. And the median was 1.08.


CyberTAN Technology Cyclically Adjusted Book per Share Historical Data

The historical data trend for CyberTAN Technology'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.

CyberTAN Technology Cyclically Adjusted Book per Share Chart

CyberTAN Technology 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 17.65 17.76 18.74 19.54 19.61

CyberTAN Technology 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 19.74 19.81 19.84 19.61 19.81

Competitive Comparison of CyberTAN Technology's Cyclically Adjusted Book per Share

For the Communication Equipment subindustry, CyberTAN Technology'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.


CyberTAN Technology's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, CyberTAN Technology's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CyberTAN Technology's Cyclically Adjusted PB Ratio falls into.



CyberTAN Technology 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, CyberTAN Technology'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)
=14.506/131.7762*131.7762
=14.506

Current CPI (Mar. 2024) = 131.7762.

CyberTAN Technology Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.450 100.560 21.557
201409 16.607 100.428 21.791
201412 16.599 99.070 22.079
201503 16.973 99.621 22.451
201506 16.528 100.684 21.632
201509 17.069 100.392 22.405
201512 17.473 99.792 23.073
201603 17.750 100.470 23.281
201606 16.977 101.688 22.000
201609 15.557 101.861 20.126
201612 17.406 101.863 22.518
201703 17.326 102.862 22.196
201706 16.625 103.349 21.198
201709 16.811 104.136 21.273
201712 16.910 104.011 21.424
201803 17.000 105.290 21.277
201806 16.886 106.317 20.930
201809 16.889 106.507 20.896
201812 16.970 105.998 21.097
201903 17.056 107.251 20.956
201906 16.698 108.070 20.361
201909 16.629 108.329 20.228
201912 16.602 108.420 20.178
202003 16.467 108.902 19.926
202006 16.280 108.767 19.724
202009 16.287 109.815 19.544
202012 16.414 109.897 19.682
202103 16.398 111.754 19.336
202106 16.701 114.631 19.199
202109 16.820 115.734 19.151
202112 16.574 117.630 18.567
202203 16.341 121.301 17.752
202206 15.939 125.017 16.801
202209 16.027 125.227 16.865
202212 15.361 125.222 16.165
202303 15.061 127.348 15.585
202306 14.717 128.729 15.065
202309 14.743 129.860 14.961
202312 14.446 129.419 14.709
202403 14.506 131.776 14.506

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


CyberTAN Technology  (TPE:3062) 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.

CyberTAN Technology's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=24.30/19.81
=1.23

* 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 CyberTAN Technology was 1.89. The lowest was 0.63. And the median was 1.08.


Be Aware

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


CyberTAN Technology Cyclically Adjusted Book per Share Related Terms

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


CyberTAN Technology (TPE:3062) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 99 Park Avenue III, Science-based Industrial Park, Hsinchu, TWN, 308
CyberTAN Technology Inc mainly engaged in wired communication mechanical equipment manufacturing, electronic components manufacturing, and the R&D, development, and sales of broadband Internet routers, gateways, virtual private networks, firewalls, Layer 3 and Layer 4 switches, wired broadband network security router and wireless broadband network security router.

CyberTAN Technology (TPE:3062) Headlines

No Headlines