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Yusin Holding (TPE:4557) Cyclically Adjusted Book per Share : NT$44.85 (As of Mar. 2024)


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What is Yusin 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.

Yusin Holding's adjusted book value per share for the three months ended in Mar. 2024 was NT$52.158. 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$44.85 for the trailing ten years ended in Mar. 2024.

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), Yusin Holding's current stock price is NT$121.00. Yusin Holding's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$44.85. Yusin Holding's Cyclically Adjusted PB Ratio of today is 2.70.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Yusin Holding was 2.88. The lowest was 2.59. And the median was 2.70.


Yusin Holding Cyclically Adjusted Book per Share Historical Data

The historical data trend for Yusin 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.

Yusin Holding Cyclically Adjusted Book per Share Chart

Yusin 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 - - - - 43.58

Yusin 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 - - - 43.58 44.85

Competitive Comparison of Yusin Holding's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, Yusin 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.


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

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

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



Yusin 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, Yusin 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)
=52.158/131.7762*131.7762
=52.158

Current CPI (Mar. 2024) = 131.7762.

Yusin Holding Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 28.194 99.070 37.502
201503 0.000 99.621 0.000
201506 29.089 100.684 38.072
201509 32.843 100.392 43.110
201512 38.087 99.792 50.294
201603 38.536 100.470 50.544
201606 33.559 101.688 43.489
201609 34.139 101.861 44.165
201612 36.407 101.863 47.098
201703 35.465 102.862 45.434
201706 33.082 103.349 42.182
201709 34.379 104.136 43.504
201712 35.197 104.011 44.593
201803 35.701 105.290 44.682
201806 32.426 106.317 40.191
201809 32.851 106.507 40.645
201812 34.993 105.998 43.503
201903 36.537 107.251 44.892
201906 33.237 108.070 40.528
201909 37.514 108.329 45.634
201912 37.902 108.420 46.067
202003 38.483 108.902 46.566
202006 33.871 108.767 41.036
202009 35.273 109.815 42.327
202012 36.749 109.897 44.065
202103 37.467 111.754 44.180
202106 38.243 114.631 43.963
202109 35.610 115.734 40.546
202112 39.582 117.630 44.342
202203 42.603 121.301 46.282
202206 41.526 125.017 43.771
202209 46.628 125.227 49.067
202212 47.678 125.222 50.174
202303 49.392 127.348 51.110
202306 44.198 128.729 45.244
202309 48.765 129.860 49.485
202312 48.018 129.419 48.892
202403 52.158 131.776 52.158

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


Yusin Holding  (TPE:4557) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=121.00/44.85
=2.70

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Yusin Holding was 2.88. The lowest was 2.59. And the median was 2.70.


Be Aware

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


Yusin Holding Cyclically Adjusted Book per Share Related Terms

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


Yusin Holding (TPE:4557) Business Description

Traded in Other Exchanges
N/A
Address
No. 381, Wufeng North Road, 5th Floor, Chiayi, TWN, 600
Yusin Holding Corp is engaged in the production of the automotive brake system and related parts. It manufactures and sells vehicle's Brake master cylinders, Brake cylinders, Clutch master cylinders, Brake calipers, Clutch slave cylinders, and other products. Geographically, the group sells its products in Asia, North America, Central and South America, Europe and other countries.

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