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Roo Hsing Garment Co (TPE:4414) Cyclically Adjusted Book per Share : NT$13.26 (As of Mar. 2024)


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What is Roo Hsing Garment 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.

Roo Hsing Garment Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$4.257. 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$13.26 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Roo Hsing Garment Co's average Cyclically Adjusted Book Growth Rate was -3.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.80% 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 Roo Hsing Garment Co was 4.90% per year. The lowest was 2.80% per year. And the median was 3.85% per year.

As of today (2024-06-07), Roo Hsing Garment Co's current stock price is NT$3.09. Roo Hsing Garment Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$13.26. Roo Hsing Garment Co's Cyclically Adjusted PB Ratio of today is 0.23.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Roo Hsing Garment Co was 1.33. The lowest was 0.19. And the median was 0.51.


Roo Hsing Garment Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Roo Hsing Garment 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.

Roo Hsing Garment Co Cyclically Adjusted Book per Share Chart

Roo Hsing Garment 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 11.81 12.21 13.26 13.64 13.25

Roo Hsing Garment 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 13.68 13.61 13.50 13.25 13.26

Competitive Comparison of Roo Hsing Garment Co's Cyclically Adjusted Book per Share

For the Apparel Manufacturing subindustry, Roo Hsing Garment 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.


Roo Hsing Garment Co's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Roo Hsing Garment Co's Cyclically Adjusted PB Ratio falls into.



Roo Hsing Garment 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, Roo Hsing Garment 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)
=4.257/131.7762*131.7762
=4.257

Current CPI (Mar. 2024) = 131.7762.

Roo Hsing Garment Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.872 100.560 15.557
201409 11.930 100.428 15.654
201412 12.046 99.070 16.023
201503 11.795 99.621 15.602
201506 11.335 100.684 14.835
201509 11.273 100.392 14.797
201512 8.631 99.792 11.397
201603 9.262 100.470 12.148
201606 9.177 101.688 11.892
201609 8.752 101.861 11.322
201612 8.051 101.863 10.415
201703 7.260 102.862 9.301
201706 16.469 103.349 20.999
201709 16.439 104.136 20.802
201712 16.286 104.011 20.633
201803 15.956 105.290 19.970
201806 16.036 106.317 19.876
201809 16.131 106.507 19.958
201812 14.456 105.998 17.972
201903 15.918 107.251 19.558
201906 14.556 108.070 17.749
201909 14.584 108.329 17.741
201912 12.879 108.420 15.653
202003 12.653 108.902 15.311
202006 12.371 108.767 14.988
202009 12.184 109.815 14.621
202012 12.385 109.897 14.851
202103 12.082 111.754 14.247
202106 11.504 114.631 13.225
202109 11.455 115.734 13.043
202112 9.679 117.630 10.843
202203 8.747 121.301 9.502
202206 6.257 125.017 6.595
202209 6.113 125.227 6.433
202212 4.781 125.222 5.031
202303 4.103 127.348 4.246
202306 4.116 128.729 4.213
202309 4.451 129.860 4.517
202312 4.365 129.419 4.444
202403 4.257 131.776 4.257

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


Roo Hsing Garment Co  (TPE:4414) 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.

Roo Hsing Garment Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.09/13.26
=0.23

* 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 Roo Hsing Garment Co was 1.33. The lowest was 0.19. And the median was 0.51.


Be Aware

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


Roo Hsing Garment Co Cyclically Adjusted Book per Share Related Terms

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


Roo Hsing Garment Co (TPE:4414) Business Description

Traded in Other Exchanges
N/A
Address
No. 57 Fuxing North Road, 13th Floor-4, Songshan District, Taipei, TWN, 10595
Roo Hsing Garment Co Ltd operates in the apparel manufacturing business. It manufactures woven products like shirts, shorts, skirts, long trousers, jeans, and denim skirts. It also manufactures knitwear in three categories, namely, men, women & kids.

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