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Thunder Tiger (TPE:8033) Cyclically Adjusted Book per Share : NT$7.49 (As of Mar. 2024)


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What is Thunder Tiger 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.

Thunder Tiger's adjusted book value per share for the three months ended in Mar. 2024 was NT$8.663. 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$7.49 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Thunder Tiger's average Cyclically Adjusted Book Growth Rate was 3.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.10% 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 Thunder Tiger was 2.10% per year. The lowest was 0.10% per year. And the median was 1.10% per year.

As of today (2024-06-01), Thunder Tiger's current stock price is NT$73.50. Thunder Tiger's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$7.49. Thunder Tiger's Cyclically Adjusted PB Ratio of today is 9.81.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Thunder Tiger was 10.88. The lowest was 0.88. And the median was 2.41.


Thunder Tiger Cyclically Adjusted Book per Share Historical Data

The historical data trend for Thunder Tiger'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.

Thunder Tiger Cyclically Adjusted Book per Share Chart

Thunder Tiger 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 7.13 6.92 6.99 7.15 7.37

Thunder Tiger 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 7.27 7.36 7.43 7.37 7.49

Competitive Comparison of Thunder Tiger's Cyclically Adjusted Book per Share

For the Leisure subindustry, Thunder Tiger'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.


Thunder Tiger's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Thunder Tiger's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Thunder Tiger 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, Thunder Tiger'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)
=8.663/131.7762*131.7762
=8.663

Current CPI (Mar. 2024) = 131.7762.

Thunder Tiger Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.185 100.560 10.726
201409 7.860 100.428 10.313
201412 7.435 99.070 9.890
201503 7.522 99.621 9.950
201506 7.657 100.684 10.022
201509 7.553 100.392 9.914
201512 6.678 99.792 8.818
201603 6.553 100.470 8.595
201606 6.364 101.688 8.247
201609 6.151 101.861 7.957
201612 5.161 101.863 6.677
201703 4.862 102.862 6.229
201706 4.899 103.349 6.247
201709 5.640 104.136 7.137
201712 5.533 104.011 7.010
201803 5.417 105.290 6.780
201806 5.613 106.317 6.957
201809 5.562 106.507 6.882
201812 5.168 105.998 6.425
201903 5.180 107.251 6.365
201906 5.230 108.070 6.377
201909 5.134 108.329 6.245
201912 4.781 108.420 5.811
202003 4.932 108.902 5.968
202006 4.856 108.767 5.883
202009 4.776 109.815 5.731
202012 4.785 109.897 5.738
202103 4.801 111.754 5.661
202106 6.269 114.631 7.207
202109 6.187 115.734 7.045
202112 6.099 117.630 6.832
202203 6.128 121.301 6.657
202206 6.217 125.017 6.553
202209 6.387 125.227 6.721
202212 6.306 125.222 6.636
202303 8.509 127.348 8.805
202306 8.594 128.729 8.797
202309 8.565 129.860 8.691
202312 8.390 129.419 8.543
202403 8.663 131.776 8.663

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


Thunder Tiger  (TPE:8033) 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.

Thunder Tiger's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=73.50/7.49
=9.81

* 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 Thunder Tiger was 10.88. The lowest was 0.88. And the median was 2.41.


Be Aware

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


Thunder Tiger Cyclically Adjusted Book per Share Related Terms

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


Thunder Tiger (TPE:8033) Business Description

Traded in Other Exchanges
N/A
Address
No.7, 6th Road, Industry Park, Taichung, TWN, 40755
Thunder Tiger Corp is a Taiwan-based company engaged in the manufacturing and selling of remote-controlled planes, helicopters, cars, boats, engine parts, and medical devices. The company has a presence in the USA, Taiwan, and others.

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