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Newretail Co (ROCO:3085) Cyclically Adjusted PB Ratio : 0.59 (As of Jun. 06, 2024)


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What is Newretail Co Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Newretail Co's current share price is NT$14.80. Newretail Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$25.25. Newretail Co's Cyclically Adjusted PB Ratio for today is 0.59.

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

ROCO:3085' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.52   Max: 0.79
Current: 0.58

During the past years, Newretail Co's highest Cyclically Adjusted PB Ratio was 0.79. The lowest was 0.23. And the median was 0.52.

ROCO:3085's Cyclically Adjusted PB Ratio is ranked better than
82.49% of 297 companies
in the Interactive Media industry
Industry Median: 1.6 vs ROCO:3085: 0.58

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.

Newretail Co's adjusted book value per share data for the three months ended in Mar. 2024 was NT$3.833. 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$25.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Newretail Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Newretail 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.

Newretail Co Cyclically Adjusted PB Ratio Chart

Newretail 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 0.52 0.52 0.66 0.65 0.45

Newretail 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 0.72 0.72 0.65 0.45 0.41

Competitive Comparison of Newretail Co's Cyclically Adjusted PB Ratio

For the Internet Content & Information subindustry, Newretail 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.


Newretail Co's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Newretail Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Newretail 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.80/25.25
=0.59

* 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.

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

For example, Newretail 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)
=3.833/131.7762*131.7762
=3.833

Current CPI (Mar. 2024) = 131.7762.

Newretail Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 33.575 100.560 43.998
201409 33.505 100.428 43.964
201412 33.329 99.070 44.332
201503 32.880 99.621 43.493
201506 32.691 100.684 42.786
201509 32.756 100.392 42.996
201512 33.928 99.792 44.802
201603 33.770 100.470 44.292
201606 33.533 101.688 43.455
201609 32.798 101.861 42.430
201612 34.642 101.863 44.815
201703 42.537 102.862 54.494
201706 54.270 103.349 69.197
201709 50.775 104.136 64.252
201712 39.640 104.011 50.222
201803 40.223 105.290 50.342
201806 38.305 106.317 47.478
201809 36.369 106.507 44.998
201812 20.042 105.998 24.916
201903 15.893 107.251 19.527
201906 13.443 108.070 16.392
201909 10.563 108.329 12.849
201912 2.972 108.420 3.612
202003 1.381 108.902 1.671
202006 0.619 108.767 0.750
202009 1.937 109.815 2.324
202012 2.285 109.897 2.740
202103 2.051 111.754 2.418
202106 1.757 114.631 2.020
202109 3.846 115.734 4.379
202112 3.860 117.630 4.324
202203 6.286 121.301 6.829
202206 6.101 125.017 6.431
202209 6.131 125.227 6.452
202212 5.897 125.222 6.206
202303 5.572 127.348 5.766
202306 5.205 128.729 5.328
202309 4.763 129.860 4.833
202312 4.147 129.419 4.223
202403 3.833 131.776 3.833

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.


Newretail Co  (ROCO:3085) 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.


Newretail Co Cyclically Adjusted PB Ratio Related Terms

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


Newretail Co (ROCO:3085) Business Description

Traded in Other Exchanges
N/A
Address
Number 66, Nanjing West Road, 5th Floor, Datong District, Taipei, TWN
Newretail Co Ltd provides internet marketing services in Taiwan. It offers digital marketing content management platform, digital marketing marketplace management platform and digital marketing database management platform.

Newretail Co (ROCO:3085) Headlines

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