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Anpec Electronics (ROCO:6138) Cyclically Adjusted PB Ratio : 5.81 (As of Jun. 10, 2024)


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What is Anpec Electronics Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Anpec Electronics's current share price is NT$210.00. Anpec Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$36.16. Anpec Electronics's Cyclically Adjusted PB Ratio for today is 5.81.

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

ROCO:6138' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.93   Med: 4.5   Max: 9.73
Current: 5.81

During the past years, Anpec Electronics's highest Cyclically Adjusted PB Ratio was 9.73. The lowest was 1.93. And the median was 4.50.

ROCO:6138's Cyclically Adjusted PB Ratio is ranked worse than
80.23% of 688 companies
in the Semiconductors industry
Industry Median: 2.555 vs ROCO:6138: 5.81

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.

Anpec Electronics's adjusted book value per share data for the three months ended in Mar. 2024 was NT$40.105. 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$36.16 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anpec Electronics Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Anpec Electronics'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.

Anpec Electronics Cyclically Adjusted PB Ratio Chart

Anpec Electronics 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 3.00 3.19 9.46 3.51 6.29

Anpec Electronics 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 4.68 4.66 4.11 6.29 5.61

Competitive Comparison of Anpec Electronics's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Anpec Electronics'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.


Anpec Electronics's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Anpec Electronics's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Anpec Electronics 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.

Anpec Electronics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=210.00/36.16
=5.81

* 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.

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

For example, Anpec Electronics'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)
=40.105/131.7762*131.7762
=40.105

Current CPI (Mar. 2024) = 131.7762.

Anpec Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201406 21.366 100.560 27.999
201409 24.875 100.428 32.640
201412 25.451 99.070 33.853
201503 26.492 99.621 35.043
201506 23.460 100.684 30.705
201509 24.016 100.392 31.524
201512 24.955 99.792 32.953
201603 26.005 100.470 34.108
201606 24.496 101.688 31.744
201609 25.520 101.861 33.015
201612 26.102 101.863 33.767
201703 26.895 102.862 34.455
201706 24.707 103.349 31.503
201709 27.287 104.136 34.530
201712 30.016 104.011 38.029
201803 31.085 105.290 38.905
201806 29.137 106.317 36.114
201809 26.688 106.507 33.020
201812 27.134 105.998 33.733
201903 28.239 107.251 34.697
201906 24.957 108.070 30.432
201909 27.750 108.329 33.756
201912 28.741 108.420 34.932
202003 26.242 108.902 31.754
202006 27.522 108.767 33.344
202009 29.841 109.815 35.809
202012 31.870 109.897 38.215
202103 28.784 111.754 33.941
202106 31.779 114.631 36.532
202109 35.929 115.734 40.909
202112 39.892 117.630 44.690
202203 35.424 121.301 38.483
202206 40.732 125.017 42.934
202209 43.990 125.227 46.291
202212 45.176 125.222 47.541
202303 37.174 127.348 38.467
202306 38.887 128.729 39.808
202309 41.094 129.860 41.701
202312 43.452 129.419 44.243
202403 40.105 131.776 40.105

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.


Anpec Electronics  (ROCO:6138) 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.


Anpec Electronics Cyclically Adjusted PB Ratio Related Terms

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


Anpec Electronics (ROCO:6138) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Dusing 1St Road, SBIP, Hsin-Chu, TWN
Anpec Electronics Corp is a fabless semiconductor company. It designs and markets analog and mix-signal integrated circuits (IC) for high-volume computing, communication, and consumer markets. The main product categories include the power management IC, audio amplifier IC, LCD controller/driver IC, hall effect IC, power MOSFET, communication IC, and micro-controller application.

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