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Rohm Co (Rohm Co) Cyclically Adjusted PB Ratio : 0.90 (As of Jun. 12, 2024)


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What is Rohm Co Cyclically Adjusted PB Ratio?

As of today (2024-06-12), Rohm Co's current share price is $13.20. Rohm Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $14.67. Rohm Co's Cyclically Adjusted PB Ratio for today is 0.90.

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

ROHCF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 1.36   Max: 1.98
Current: 1

During the past years, Rohm Co's highest Cyclically Adjusted PB Ratio was 1.98. The lowest was 0.78. And the median was 1.36.

ROHCF's Cyclically Adjusted PB Ratio is ranked better than
80.81% of 688 companies
in the Semiconductors industry
Industry Median: 2.56 vs ROHCF: 1.00

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.

Rohm Co's adjusted book value per share data for the three months ended in Dec. 2023 was $16.901. 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 $14.67 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rohm Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Rohm 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.

Rohm Co Cyclically Adjusted PB Ratio Chart

Rohm Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 1.57 1.34 1.43 -

Rohm 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 1.43 1.73 1.41 1.34 -

Competitive Comparison of Rohm Co's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Rohm 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.


Rohm Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Rohm 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.20/14.67
=0.90

* 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.

Rohm Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Rohm Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=16.901/106.8000*106.8000
=16.901

Current CPI (Dec. 2023) = 106.8000.

Rohm Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 15.023 95.700 16.765
201406 15.165 98.000 16.527
201409 15.234 98.500 16.518
201412 14.504 97.900 15.823
201503 14.484 97.900 15.801
201506 13.933 98.400 15.122
201509 14.095 98.500 15.283
201512 13.993 98.100 15.234
201603 14.771 97.900 16.114
201606 15.384 98.100 16.748
201609 16.068 98.000 17.511
201612 15.155 98.400 16.449
201703 15.175 98.100 16.521
201706 15.572 98.500 16.884
201709 16.064 98.800 17.365
201712 15.969 99.400 17.158
201803 16.747 99.200 18.030
201806 16.208 99.200 17.450
201809 16.450 99.900 17.586
201812 16.131 99.700 17.280
201903 16.493 99.700 17.668
201906 16.769 99.800 17.945
201909 16.983 100.100 18.120
201912 16.856 100.500 17.913
202003 16.686 100.300 17.767
202006 18.242 99.900 19.502
202009 18.821 99.900 20.121
202012 19.409 99.300 20.875
202103 18.022 99.900 19.267
202106 17.826 99.500 19.134
202109 18.332 100.100 19.559
202112 18.248 100.100 19.469
202203 18.042 101.100 19.059
202206 16.681 101.800 17.500
202209 16.198 103.100 16.779
202212 16.881 104.100 17.319
202303 17.436 104.400 17.837
202306 17.224 105.200 17.486
202309 16.732 106.200 16.827
202312 16.901 106.800 16.901

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.


Rohm Co  (OTCPK:ROHCF) 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.


Rohm Co Cyclically Adjusted PB Ratio Related Terms

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


Rohm Co (Rohm Co) Business Description

Industry
Traded in Other Exchanges
Address
21, Saiin Mizosaki-cho, Ukyo-ku, Kyoto, JPN, 615-8585
Rohm Co Ltd is a Japan-based company that manufactures and distributes electronic components for use in automotive, transportation, medical, healthcare, audiovisual, telecommunications, digital power, computer and peripherals, and home appliance end markets. Its product portfolio includes integrated circuits in memory, amplifiers, switches, data converters, and microcontrollers; discrete semiconductors, such as transistors and diodes; power devices; passive devices, such as resistors and capacitors; and optoelectronic devices.