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De Poan Pneumatic (ROCO:1570) Cyclically Adjusted PB Ratio : 1.69 (As of May. 25, 2024)


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What is De Poan Pneumatic Cyclically Adjusted PB Ratio?

As of today (2024-05-25), De Poan Pneumatic's current share price is NT$28.55. De Poan Pneumatic's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$16.91. De Poan Pneumatic's Cyclically Adjusted PB Ratio for today is 1.69.

The historical rank and industry rank for De Poan Pneumatic's Cyclically Adjusted PB Ratio or its related term are showing as below:

ROCO:1570' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.02   Med: 1.21   Max: 2.4
Current: 1.66

During the past years, De Poan Pneumatic's highest Cyclically Adjusted PB Ratio was 2.40. The lowest was 1.02. And the median was 1.21.

ROCO:1570's Cyclically Adjusted PB Ratio is ranked better than
53.44% of 2081 companies
in the Industrial Products industry
Industry Median: 1.85 vs ROCO:1570: 1.66

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.

De Poan Pneumatic's adjusted book value per share data for the three months ended in Mar. 2024 was NT$18.149. 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$16.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


De Poan Pneumatic Cyclically Adjusted PB Ratio Historical Data

The historical data trend for De Poan Pneumatic'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.

De Poan Pneumatic Cyclically Adjusted PB Ratio Chart

De Poan Pneumatic 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 1.24 1.10 1.72 1.11 1.29

De Poan Pneumatic 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 1.14 1.21 1.22 1.29 1.89

Competitive Comparison of De Poan Pneumatic's Cyclically Adjusted PB Ratio

For the Tools & Accessories subindustry, De Poan Pneumatic'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.


De Poan Pneumatic's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, De Poan Pneumatic's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where De Poan Pneumatic's Cyclically Adjusted PB Ratio falls into.



De Poan Pneumatic 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.

De Poan Pneumatic's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28.55/16.91
=1.69

* 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.

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

For example, De Poan Pneumatic'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)
=18.149/131.7762*131.7762
=18.149

Current CPI (Mar. 2024) = 131.7762.

De Poan Pneumatic Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.702 100.560 12.714
201409 10.047 100.428 13.183
201412 10.185 99.070 13.547
201503 10.557 99.621 13.965
201506 10.949 100.684 14.330
201509 11.761 100.392 15.438
201512 11.833 99.792 15.626
201603 12.108 100.470 15.881
201606 11.685 101.688 15.142
201609 11.880 101.861 15.369
201612 12.508 101.863 16.181
201703 12.653 102.862 16.210
201706 12.534 103.349 15.982
201709 13.282 104.136 16.807
201712 13.473 104.011 17.070
201803 13.675 105.290 17.115
201806 13.319 106.317 16.508
201809 13.840 106.507 17.124
201812 14.280 105.998 17.753
201903 14.471 107.251 17.780
201906 14.083 108.070 17.172
201909 14.479 108.329 17.613
201912 14.883 108.420 18.089
202003 15.234 108.902 18.434
202006 14.642 108.767 17.739
202009 14.759 109.815 17.711
202012 15.017 109.897 18.007
202103 15.338 111.754 18.086
202106 16.592 114.631 19.074
202109 16.271 115.734 18.526
202112 16.819 117.630 18.842
202203 17.459 121.301 18.967
202206 16.697 125.017 17.600
202209 17.204 125.227 18.104
202212 17.712 125.222 18.639
202303 18.219 127.348 18.853
202306 17.366 128.729 17.777
202309 17.275 129.860 17.530
202312 17.456 129.419 17.774
202403 18.149 131.776 18.149

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.


De Poan Pneumatic  (ROCO:1570) 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.


De Poan Pneumatic Cyclically Adjusted PB Ratio Related Terms

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


De Poan Pneumatic (ROCO:1570) Business Description

Traded in Other Exchanges
N/A
Address
No. 81, Museum Road, Ba-Li Shiang, Taipei, TWN, 24947
De Poan Pneumatic Corp is engaged in the manufacture and distribution of nailing and stapling products in Taiwan. Its products include coil nailer, cordless nailer, framing nailer, brad nailer, stapler, pinner, hand tool, air sanders and polishers among others.

De Poan Pneumatic (ROCO:1570) Headlines

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