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Gamania Digital Entertainment Co (ROCO:6180) Cyclically Adjusted PB Ratio : 3.01 (As of May. 22, 2024)


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What is Gamania Digital Entertainment Co Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Gamania Digital Entertainment Co's current share price is NT$84.40. Gamania Digital Entertainment Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$28.05. Gamania Digital Entertainment Co's Cyclically Adjusted PB Ratio for today is 3.01.

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

ROCO:6180' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.11   Med: 2.91   Max: 3.92
Current: 3.01

During the past years, Gamania Digital Entertainment Co's highest Cyclically Adjusted PB Ratio was 3.92. The lowest was 2.11. And the median was 2.91.

ROCO:6180's Cyclically Adjusted PB Ratio is ranked worse than
69.15% of 295 companies
in the Interactive Media industry
Industry Median: 1.66 vs ROCO:6180: 3.01

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.

Gamania Digital Entertainment Co's adjusted book value per share data for the three months ended in Mar. 2024 was NT$33.135. 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$28.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gamania Digital Entertainment Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gamania Digital Entertainment 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.

Gamania Digital Entertainment Co Cyclically Adjusted PB Ratio Chart

Gamania Digital Entertainment 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 3.16 3.47 3.13 2.78 2.72

Gamania Digital Entertainment 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 2.82 3.09 2.44 2.72 2.58

Competitive Comparison of Gamania Digital Entertainment Co's Cyclically Adjusted PB Ratio

For the Electronic Gaming & Multimedia subindustry, Gamania Digital Entertainment 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.


Gamania Digital Entertainment Co's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

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

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



Gamania Digital Entertainment 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.

Gamania Digital Entertainment Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=84.40/28.05
=3.01

* 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.

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

For example, Gamania Digital Entertainment 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)
=33.135/131.7762*131.7762
=33.135

Current CPI (Mar. 2024) = 131.7762.

Gamania Digital Entertainment Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 14.631 100.560 19.173
201409 14.803 100.428 19.424
201412 15.275 99.070 20.318
201503 17.415 99.621 23.036
201506 16.362 100.684 21.415
201509 16.300 100.392 21.396
201512 16.563 99.792 21.871
201603 17.165 100.470 22.513
201606 15.749 101.688 20.409
201609 13.876 101.861 17.951
201612 13.681 101.863 17.699
201703 14.048 102.862 17.997
201706 14.307 103.349 18.242
201709 15.824 104.136 20.024
201712 16.540 104.011 20.955
201803 18.206 105.290 22.786
201806 21.065 106.317 26.109
201809 25.733 106.507 31.838
201812 27.248 105.998 33.875
201903 29.514 107.251 36.263
201906 23.936 108.070 29.187
201909 25.944 108.329 31.559
201912 26.845 108.420 32.628
202003 28.331 108.902 34.282
202006 26.881 108.767 32.567
202009 28.208 109.815 33.849
202012 28.404 109.897 34.059
202103 30.152 111.754 35.554
202106 30.953 114.631 35.582
202109 29.378 115.734 33.450
202112 30.818 117.630 34.524
202203 33.778 121.301 36.695
202206 30.206 125.017 31.839
202209 33.419 125.227 35.167
202212 33.346 125.222 35.091
202303 35.196 127.348 36.420
202306 29.823 128.729 30.529
202309 30.981 129.860 31.438
202312 30.641 129.419 31.199
202403 33.135 131.776 33.135

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.


Gamania Digital Entertainment Co  (ROCO:6180) 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.


Gamania Digital Entertainment Co Cyclically Adjusted PB Ratio Related Terms

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Gamania Digital Entertainment Co (ROCO:6180) Business Description

Traded in Other Exchanges
N/A
Address
No.111, Ruihu Street, Neihu District, Taipei, TWN, 11494
Gamania Digital Entertainment Co Ltd is engaged in developing software for online games, multi-platform digital content, animation, and all forms of digital entertainment. The company's digital entertainment platform beanfun offers a great variety of game genres. The majority of the revenue is generated from online and mobile games. The company operates in Taiwan, Asia, and other countries, out of which Taiwan accounts for the majority of the revenue.

Gamania Digital Entertainment Co (ROCO:6180) Headlines

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