GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Aeon Motor Co Ltd (ROCO:1599) » Definitions » Cyclically Adjusted PB Ratio

Aeon Motor Co (ROCO:1599) Cyclically Adjusted PB Ratio : 1.28 (As of Jun. 08, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Aeon Motor Co Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Aeon Motor Co's current share price is NT$31.85. Aeon Motor Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$24.89. Aeon Motor Co's Cyclically Adjusted PB Ratio for today is 1.28.

The historical rank and industry rank for Aeon Motor Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

ROCO:1599' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.26   Med: 1.86   Max: 2.74
Current: 1.28

During the past years, Aeon Motor Co's highest Cyclically Adjusted PB Ratio was 2.74. The lowest was 1.26. And the median was 1.86.

ROCO:1599's Cyclically Adjusted PB Ratio is ranked better than
51.6% of 1000 companies
in the Vehicles & Parts industry
Industry Median: 1.33 vs ROCO:1599: 1.28

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.

Aeon Motor Co's adjusted book value per share data for the three months ended in Mar. 2024 was NT$25.479. 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$24.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aeon Motor Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aeon Motor Co'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.

Aeon Motor Co Cyclically Adjusted PB Ratio Chart

Aeon Motor Co 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 - 2.08 2.48 1.72 1.46

Aeon Motor 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 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 1.67 1.60 1.48 1.46 1.30

Competitive Comparison of Aeon Motor Co's Cyclically Adjusted PB Ratio

For the Auto Manufacturers subindustry, Aeon Motor 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.


Aeon Motor Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Aeon Motor Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Aeon Motor Co 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.

Aeon Motor Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=31.85/24.89
=1.28

* 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.

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

For example, Aeon Motor 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)
=25.479/131.7762*131.7762
=25.479

Current CPI (Mar. 2024) = 131.7762.

Aeon Motor Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.612 100.560 17.838
201409 16.243 100.428 21.313
201412 14.601 99.070 19.421
201503 14.826 99.621 19.611
201506 14.090 100.684 18.441
201509 15.234 100.392 19.997
201512 16.837 99.792 22.233
201603 17.923 100.470 23.508
201606 16.210 101.688 21.006
201609 17.383 101.861 22.488
201612 17.764 101.863 22.981
201703 18.200 102.862 23.316
201706 17.064 103.349 21.758
201709 17.770 104.136 22.487
201712 18.530 104.011 23.476
201803 18.791 105.290 23.518
201806 17.800 106.317 22.063
201809 19.560 106.507 24.201
201812 20.274 105.998 25.205
201903 21.195 107.251 26.042
201906 21.049 108.070 25.666
201909 21.574 108.329 26.243
201912 21.705 108.420 26.381
202003 21.849 108.902 26.438
202006 21.758 108.767 26.361
202009 23.463 109.815 28.155
202012 24.264 109.897 29.095
202103 25.270 111.754 29.797
202106 26.185 114.631 30.101
202109 25.854 115.734 29.438
202112 26.821 117.630 30.047
202203 27.927 121.301 30.339
202206 25.748 125.017 27.140
202209 26.844 125.227 28.248
202212 27.624 125.222 29.070
202303 25.333 127.348 26.214
202306 25.558 128.729 26.163
202309 27.110 129.860 27.510
202312 26.144 129.419 26.620
202403 25.479 131.776 25.479

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.


Aeon Motor Co  (ROCO:1599) 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.


Aeon Motor Co Cyclically Adjusted PB Ratio Related Terms

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


Aeon Motor Co (ROCO:1599) Business Description

Traded in Other Exchanges
N/A
Address
No. 41, Nanchou, Shanshang District, Tainan, TWN, 74342
Aeon Motor Co Ltd is a Taiwan based motorcycle manufacturer. It is engaged in the manufacturing and sales of scooters, ATV (all-terrain vehicle) and UTV (Utility Vehicle), and motorcycles and electric vehicles, and other diversified products. The company's portfolio covers Elite 300R, Elite 250i, Elite 400i ABS, ES 150, OZS 150 dual discs, OZS 150, Dory 115, 3D-350R, 3D-350 and others.

Aeon Motor Co (ROCO:1599) Headlines

No Headlines