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Shih Wei Navigation Co (TPE:5608) Cyclically Adjusted Book per Share : NT$26.20 (As of Mar. 2024)


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What is Shih Wei Navigation 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.

Shih Wei Navigation Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$25.193. 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$26.20 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shih Wei Navigation Co's average Cyclically Adjusted Book Growth Rate was -1.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.30% 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 Shih Wei Navigation Co was 0.30% per year. The lowest was -0.90% per year. And the median was -0.30% per year.

As of today (2024-06-06), Shih Wei Navigation Co's current stock price is NT$24.15. Shih Wei Navigation Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$26.20. Shih Wei Navigation Co's Cyclically Adjusted PB Ratio of today is 0.92.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Shih Wei Navigation Co was 2.44. The lowest was 0.16. And the median was 0.75.


Shih Wei Navigation Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Shih Wei Navigation 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.

Shih Wei Navigation Co Cyclically Adjusted Book per Share Chart

Shih Wei Navigation 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 27.12 25.87 25.75 26.39 26.08

Shih Wei Navigation 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 26.52 26.53 26.49 26.08 26.20

Competitive Comparison of Shih Wei Navigation Co's Cyclically Adjusted Book per Share

For the Marine Shipping subindustry, Shih Wei Navigation 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.


Shih Wei Navigation Co's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Shih Wei Navigation Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shih Wei Navigation Co's Cyclically Adjusted PB Ratio falls into.



Shih Wei Navigation 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, Shih Wei Navigation 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)
=25.193/131.7762*131.7762
=25.193

Current CPI (Mar. 2024) = 131.7762.

Shih Wei Navigation Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 27.409 100.560 35.918
201409 28.244 100.428 37.060
201412 29.958 99.070 39.848
201503 29.681 99.621 39.261
201506 28.337 100.684 37.088
201509 30.764 100.392 40.382
201512 30.582 99.792 40.384
201603 28.647 100.470 37.573
201606 27.912 101.688 36.171
201609 26.265 101.861 33.979
201612 26.234 101.863 33.938
201703 23.222 102.862 29.750
201706 21.990 103.349 28.039
201709 21.115 104.136 26.720
201712 16.863 104.011 21.364
201803 15.944 105.290 19.955
201806 16.987 106.317 21.055
201809 16.982 106.507 21.011
201812 17.180 105.998 21.358
201903 17.053 107.251 20.953
201906 16.923 108.070 20.635
201909 16.726 108.329 20.346
201912 15.405 108.420 18.724
202003 14.280 108.902 17.280
202006 12.894 108.767 15.622
202009 12.228 109.815 14.673
202012 11.337 109.897 13.594
202103 11.506 111.754 13.567
202106 12.718 114.631 14.620
202109 15.513 115.734 17.663
202112 20.401 117.630 22.855
202203 22.930 121.301 24.910
202206 24.281 125.017 25.594
202209 28.474 125.227 29.963
202212 27.196 125.222 28.620
202303 24.915 127.348 25.781
202306 25.197 128.729 25.794
202309 25.761 129.860 26.141
202312 24.363 129.419 24.807
202403 25.193 131.776 25.193

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


Shih Wei Navigation Co  (TPE:5608) 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.

Shih Wei Navigation Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=24.15/26.2
=0.92

* 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 Shih Wei Navigation Co was 2.44. The lowest was 0.16. And the median was 0.75.


Be Aware

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


Shih Wei Navigation Co Cyclically Adjusted Book per Share Related Terms

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


Shih Wei Navigation Co (TPE:5608) Business Description

Traded in Other Exchanges
N/A
Address
No. 167, Fusing North Road, 16th Floor, Song-Shan District, Taipei, TWN, 10547
Shih Wei Navigation Co Ltd is a Taiwan-based company, that engages in the provision of shipping-related services. Its business includes the international shipping industry, bulk carrier leasing, and cargo transportation of bulk timber, steel, and ores. Its shipping agency industries such as cargo handling, crew loan allocation, ship repair projects, marine materials, arrangements, and other projects. Its vessel type includes Panamax, Supramax, Handy, Multi-Purpose, and Log Carriers. The company's operating segment includes Shipping and Tourist. It generates maximum revenue from the Shipping segment. Geographically, it derives a majority of its revenue from Asia.

Shih Wei Navigation Co (TPE:5608) Headlines

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