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Soft-World International (ROCO:5478) Cyclically Adjusted PB Ratio : 2.53 (As of Jun. 09, 2024)


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What is Soft-World International Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Soft-World International's current share price is NT$144.50. Soft-World International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$57.11. Soft-World International's Cyclically Adjusted PB Ratio for today is 2.53.

The historical rank and industry rank for Soft-World International's Cyclically Adjusted PB Ratio or its related term are showing as below:

ROCO:5478' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.32   Med: 1.81   Max: 3.4
Current: 2.51

During the past years, Soft-World International's highest Cyclically Adjusted PB Ratio was 3.40. The lowest was 1.32. And the median was 1.81.

ROCO:5478's Cyclically Adjusted PB Ratio is ranked worse than
65.32% of 297 companies
in the Interactive Media industry
Industry Median: 1.6 vs ROCO:5478: 2.51

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.

Soft-World International's adjusted book value per share data for the three months ended in Mar. 2024 was NT$60.217. 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$57.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Soft-World International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Soft-World International'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.

Soft-World International Cyclically Adjusted PB Ratio Chart

Soft-World International 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 1.86 2.32 1.98 1.49 2.69

Soft-World International 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 1.70 1.83 1.72 2.69 2.51

Competitive Comparison of Soft-World International's Cyclically Adjusted PB Ratio

For the Electronic Gaming & Multimedia subindustry, Soft-World International'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.


Soft-World International's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Soft-World International's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Soft-World International's Cyclically Adjusted PB Ratio falls into.



Soft-World International 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.

Soft-World International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=144.50/57.11
=2.53

* 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.

Soft-World International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Soft-World International'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)
=60.217/131.7762*131.7762
=60.217

Current CPI (Mar. 2024) = 131.7762.

Soft-World International Quarterly Data

Book Value per Share CPI Adj_Book
201406 40.127 100.560 52.584
201409 40.975 100.428 53.765
201412 41.723 99.070 55.497
201503 42.784 99.621 56.594
201506 40.524 100.684 53.038
201509 41.049 100.392 53.882
201512 42.663 99.792 56.337
201603 43.901 100.470 57.580
201606 42.734 101.688 55.378
201609 44.014 101.861 56.940
201612 44.692 101.863 57.816
201703 45.492 102.862 58.280
201706 44.180 103.349 56.332
201709 44.134 104.136 55.848
201712 44.505 104.011 56.385
201803 45.434 105.290 56.863
201806 43.222 106.317 53.572
201809 43.534 106.507 53.863
201812 46.423 105.998 57.713
201903 48.312 107.251 59.360
201906 46.508 108.070 56.710
201909 47.983 108.329 58.368
201912 48.908 108.420 59.444
202003 49.521 108.902 59.923
202006 48.100 108.767 58.275
202009 49.709 109.815 59.650
202012 52.055 109.897 62.419
202103 53.897 111.754 63.553
202106 56.142 114.631 64.539
202109 50.870 115.734 57.921
202112 53.583 117.630 60.027
202203 49.207 121.301 53.456
202206 50.916 125.017 53.669
202209 52.438 125.227 55.181
202212 55.963 125.222 58.892
202303 50.984 127.348 52.757
202306 54.451 128.729 55.740
202309 56.201 129.860 57.031
202312 57.836 129.419 58.889
202403 60.217 131.776 60.217

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.


Soft-World International  (ROCO:5478) 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.


Soft-World International Cyclically Adjusted PB Ratio Related Terms

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


Soft-World International (ROCO:5478) Business Description

Traded in Other Exchanges
N/A
Address
No. 61, Minzhuang Road, 13th floor, Chianjen Chiu, Kaohsiung, TWN, 806
Soft-World International Corp is engaged in the production, sales and provides agency services of entertainment and commercial software; editing, printing and publishing of game magazines; commercial advertising services; and purchase and sale of entertainment products and accessories of the game software. Its segments include Soft-World International Corporation; Chinese Gamer International Corporation; Game Flier International Corporation; Neweb Technologies; Efun Corporation; and Others.

Soft-World International (ROCO:5478) Headlines

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