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Asustek Computer (FRA:AZ1D) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


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What is Asustek Computer Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asustek Computer Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Asustek Computer's Cyclically Adjusted PB Ratio 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.

Asustek Computer Cyclically Adjusted PB Ratio Chart

Asustek Computer Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 1.12 1.50 0.97 1.67

Asustek Computer Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 0.96 1.09 1.26 1.67 1.41

Competitive Comparison of Asustek Computer's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Asustek Computer'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.


Asustek Computer's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Asustek Computer's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Asustek Computer Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Asustek Computer's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Asustek Computer'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)
=49.905/131.7762*131.7762
=49.905

Current CPI (Mar. 2024) = 131.7762.

Asustek Computer Quarterly Data

Book Value per Share CPI Adj_Book
201406 23.004 100.560 30.145
201409 25.045 100.428 32.863
201412 27.980 99.070 37.217
201503 33.679 99.621 44.550
201506 31.215 100.684 40.855
201509 30.192 100.392 39.631
201512 30.969 99.792 40.895
201603 31.436 100.470 41.231
201606 30.043 101.688 38.932
201609 33.134 101.861 42.865
201612 35.538 101.863 45.974
201703 37.675 102.862 48.265
201706 33.796 103.349 43.092
201709 32.157 104.136 40.692
201712 32.658 104.011 41.376
201803 32.524 105.290 40.706
201806 31.010 106.317 38.436
201809 31.243 106.507 38.656
201812 30.458 105.998 37.865
201903 32.079 107.251 39.415
201906 30.057 108.070 36.650
201909 32.353 108.329 39.355
201912 34.771 108.420 42.261
202003 33.328 108.902 40.329
202006 33.979 108.767 41.167
202009 35.320 109.815 42.383
202012 38.871 109.897 46.610
202103 42.581 111.754 50.210
202106 40.188 114.631 46.199
202109 43.849 115.734 49.927
202112 48.980 117.630 54.871
202203 51.902 121.301 56.384
202206 44.219 125.017 46.610
202209 46.196 125.227 48.612
202212 43.234 125.222 45.497
202303 44.305 127.348 45.846
202306 43.385 128.729 44.412
202309 45.012 129.860 45.676
202312 46.513 129.419 47.360
202403 49.905 131.776 49.905

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


Asustek Computer  (FRA:AZ1D) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Asustek Computer Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Asustek Computer's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Asustek Computer (FRA:AZ1D) Business Description

Industry
Traded in Other Exchanges
Address
No.15, Li-Te Road, Peitou, Taipei, TWN
Asustek Computer Inc is a computer hardware and electronics company producing and selling 3C products including PCs, mainboards other boards and cards, tablet PCs, smartphones, and other handheld devices, etc. The company operates in Taiwan, China, Singapore, Europe, the United States, and other countries.

Asustek Computer (FRA:AZ1D) Headlines

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