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CVC Technologies (ROCO:4744) Cyclically Adjusted PB Ratio : 1.22 (As of Jun. 05, 2024)


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What is CVC Technologies Cyclically Adjusted PB Ratio?

As of today (2024-06-05), CVC Technologies's current share price is NT$24.20. CVC Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$19.85. CVC Technologies's Cyclically Adjusted PB Ratio for today is 1.22.

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

ROCO:4744' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.18   Med: 1.55   Max: 2.28
Current: 1.21

During the past years, CVC Technologies's highest Cyclically Adjusted PB Ratio was 2.28. The lowest was 1.18. And the median was 1.55.

ROCO:4744's Cyclically Adjusted PB Ratio is ranked better than
67.55% of 2154 companies
in the Industrial Products industry
Industry Median: 1.895 vs ROCO:4744: 1.21

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.

CVC Technologies's adjusted book value per share data for the three months ended in Mar. 2024 was NT$20.955. 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$19.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CVC Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CVC Technologies'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.

CVC Technologies Cyclically Adjusted PB Ratio Chart

CVC Technologies 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 - - - - 1.39

CVC Technologies 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 1.78 2.16 1.49 1.39 1.21

Competitive Comparison of CVC Technologies's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, CVC Technologies'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.


CVC Technologies's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



CVC Technologies 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.

CVC Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.20/19.85
=1.22

* 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.

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

For example, CVC Technologies'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)
=20.955/131.7762*131.7762
=20.955

Current CPI (Mar. 2024) = 131.7762.

CVC Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201112 10.247 95.213 14.182
201206 11.220 96.819 15.271
201212 10.377 96.871 14.116
201306 8.750 98.518 11.704
201312 7.937 98.326 10.637
201406 9.267 100.560 12.144
201412 9.701 99.070 12.904
201506 8.847 100.684 11.579
201512 11.405 99.792 15.060
201606 13.207 101.688 17.115
201612 17.659 101.863 22.845
201703 0.000 102.862 0.000
201706 15.752 103.349 20.085
201709 0.000 104.136 0.000
201712 16.722 104.011 21.186
201803 17.418 105.290 21.800
201806 16.836 106.317 20.868
201809 19.690 106.507 24.362
201812 19.602 105.998 24.369
201903 20.054 107.251 24.640
201906 18.904 108.070 23.051
201909 19.379 108.329 23.573
201912 20.002 108.420 24.311
202003 19.587 108.902 23.701
202006 18.476 108.767 22.384
202009 18.928 109.815 22.713
202012 19.231 109.897 23.060
202103 18.144 111.754 21.395
202106 18.079 114.631 20.783
202109 18.892 115.734 21.511
202112 19.594 117.630 21.950
202203 18.606 121.301 20.213
202206 19.510 125.017 20.565
202209 20.735 125.227 21.819
202212 21.137 125.222 22.243
202303 18.961 127.348 19.620
202306 21.418 128.729 21.925
202309 22.131 129.860 22.458
202312 20.980 129.419 21.362
202403 20.955 131.776 20.955

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.


CVC Technologies  (ROCO:4744) 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.


CVC Technologies Cyclically Adjusted PB Ratio Related Terms

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


CVC Technologies (ROCO:4744) Business Description

Traded in Other Exchanges
N/A
Address
No.190, Gongye 9th Road, Dali District, Taichung, TWN
CVC Technologies Inc is a manufacturer of labeling and packaging pharmaceutical equipment in Taiwan. It offers a variety of services that include tablet and capsule counting lines, liquid filling lines, powder filling lines and related components. The company's main business items are the manufacturing, assembly, processing and sales of various types of pharmaceutical packaging machines.

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