GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nantex Industry Co Ltd (TPE:2108) » Definitions » Cyclically Adjusted Book per Share

Nantex Industry Co (TPE:2108) Cyclically Adjusted Book per Share : NT$23.02 (As of Jun. 2024)


View and export this data going back to 1992. Start your Free Trial

What is Nantex Industry 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.

Nantex Industry Co's adjusted book value per share for the three months ended in Jun. 2024 was NT$29.062. 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$23.02 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Nantex Industry Co's average Cyclically Adjusted Book Growth Rate was 9.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.50% 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 Nantex Industry Co was 14.30% per year. The lowest was 9.90% per year. And the median was 12.50% per year.

As of today (2024-10-09), Nantex Industry Co's current stock price is NT$35.00. Nantex Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was NT$23.02. Nantex Industry Co's Cyclically Adjusted PB Ratio of today is 1.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nantex Industry Co was 10.98. The lowest was 1.44. And the median was 2.27.


Nantex Industry Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nantex Industry 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.

Nantex Industry Co Cyclically Adjusted Book per Share Chart

Nantex Industry 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 13.91 14.60 17.23 19.80 21.80

Nantex Industry Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 21.00 21.54 21.80 22.53 23.02

Competitive Comparison of Nantex Industry Co's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Nantex Industry 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.


Nantex Industry Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nantex Industry Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nantex Industry Co's Cyclically Adjusted PB Ratio falls into.



Nantex Industry 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, Nantex Industry Co's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=29.062/132.5538*132.5538
=29.062

Current CPI (Jun. 2024) = 132.5538.

Nantex Industry Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 11.593 100.428 15.302
201412 12.058 99.070 16.133
201503 12.443 99.621 16.556
201506 12.764 100.684 16.804
201509 13.777 100.392 18.191
201512 14.083 99.792 18.706
201603 14.475 100.470 19.097
201606 13.181 101.688 17.182
201609 13.183 101.861 17.155
201612 13.423 101.863 17.467
201703 13.421 102.862 17.295
201706 12.879 103.349 16.518
201709 13.374 104.136 17.024
201712 14.046 104.011 17.900
201803 14.626 105.290 18.413
201806 14.603 106.317 18.207
201809 15.325 106.507 19.073
201812 16.163 105.998 20.212
201903 17.227 107.251 21.291
201906 16.161 108.070 19.822
201909 16.516 108.329 20.209
201912 17.013 108.420 20.800
202003 17.723 108.902 21.572
202006 16.264 108.767 19.821
202009 17.942 109.815 21.657
202012 22.072 109.897 26.622
202103 23.509 111.754 27.884
202106 28.563 114.631 33.029
202109 31.541 115.734 36.125
202112 32.914 117.630 37.090
202203 27.653 121.301 30.218
202206 28.697 125.017 30.427
202209 29.424 125.227 31.146
202212 29.291 125.222 31.006
202303 27.635 127.348 28.765
202306 28.149 128.729 28.985
202309 29.196 129.860 29.802
202312 28.721 129.419 29.417
202403 28.566 131.776 28.735
202406 29.062 132.554 29.062

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


Nantex Industry Co  (TPE:2108) 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.

Nantex Industry Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=35.00/23.02
=1.52

* 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 Nantex Industry Co was 10.98. The lowest was 1.44. And the median was 2.27.


Be Aware

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


Nantex Industry Co Cyclically Adjusted Book per Share Related Terms

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


Nantex Industry Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.9, Industrial 1st Road, Lin-Yuan, Kaohsiung, TWN, 832
Nantex Industry Co Ltd products are mainly used in manufacturing paper products, construction materials, and artificial leather products. Applications include automobile parts, sports equipment, electronic components, industrial products, and medical gloves. Nantex's latex products for other applications include paper coating, carpet backing, cement modification, and shoe insoles. The company's business activities are largely exposed to markets in Asian regions.

Nantex Industry Co Headlines

No Headlines