GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Usi Corp (TPE:1304) » Definitions » Cyclically Adjusted PB Ratio

Usi (TPE:1304) Cyclically Adjusted PB Ratio : 0.74 (As of May. 18, 2024)


View and export this data going back to 1972. Start your Free Trial

What is Usi Cyclically Adjusted PB Ratio?

As of today (2024-05-18), Usi's current share price is NT$16.45. Usi's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$22.12. Usi's Cyclically Adjusted PB Ratio for today is 0.74.

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

TPE:1304' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 1.05   Max: 2.31
Current: 0.74

During the past years, Usi's highest Cyclically Adjusted PB Ratio was 2.31. The lowest was 0.51. And the median was 1.05.

TPE:1304's Cyclically Adjusted PB Ratio is ranked better than
80.69% of 1072 companies
in the Chemicals industry
Industry Median: 1.645 vs TPE:1304: 0.74

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.

Usi's adjusted book value per share data for the three months ended in Mar. 2024 was NT$21.572. 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$22.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Usi Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Usi'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.

Usi Cyclically Adjusted PB Ratio Chart

Usi 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 0.81 1.30 1.64 1.06 0.91

Usi 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 1.25 1.07 0.95 0.91 0.73

Competitive Comparison of Usi's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Usi'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.


Usi's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Usi's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Usi 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.

Usi's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.45/22.12
=0.74

* 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.

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

For example, Usi'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)
=21.572/131.7762*131.7762
=21.572

Current CPI (Mar. 2024) = 131.7762.

Usi Quarterly Data

Book Value per Share CPI Adj_Book
201406 15.654 100.560 20.513
201409 15.802 100.428 20.735
201412 16.153 99.070 21.486
201503 16.196 99.621 21.424
201506 15.855 100.684 20.751
201509 15.731 100.392 20.649
201512 15.877 99.792 20.966
201603 16.201 100.470 21.249
201606 16.047 101.688 20.795
201609 16.233 101.861 21.000
201612 16.532 101.863 21.387
201703 16.650 102.862 21.330
201706 16.404 103.349 20.916
201709 16.738 104.136 21.181
201712 16.902 104.011 21.414
201803 17.245 105.290 21.583
201806 17.283 106.317 21.422
201809 17.210 106.507 21.293
201812 16.961 105.998 21.086
201903 17.457 107.251 21.449
201906 17.432 108.070 21.256
201909 17.384 108.329 21.147
201912 17.401 108.420 21.150
202003 17.229 108.902 20.848
202006 17.222 108.767 20.865
202009 18.083 109.815 21.699
202012 19.575 109.897 23.472
202103 20.961 111.754 24.716
202106 21.287 114.631 24.471
202109 22.366 115.734 25.466
202112 23.745 117.630 26.601
202203 24.730 121.301 26.866
202206 22.203 125.017 23.403
202209 22.557 125.227 23.737
202212 22.844 125.222 24.040
202303 22.782 127.348 23.574
202306 21.860 128.729 22.378
202309 22.308 129.860 22.637
202312 21.686 129.419 22.081
202403 21.572 131.776 21.572

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.


Usi  (TPE:1304) 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.


Usi Cyclically Adjusted PB Ratio Related Terms

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


Usi (TPE:1304) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 330, Fengren Road, Renwu District, Kaohsiung, TWN, 81449
Usi Corp is a Taiwan-based plastics company primarily engaged in the processing, manufacturing, and sales of raw materials used in the plastic products industry. The company's main product is polyethylene pellets. Its line of raw materials also includes plastic powder, cloths, tubes and skins, as well as catalyzers, chemicals, and processing equipment used in plastics production. The company provides additional technical services related to its plastic processing equipment. Other operations involve the licensing of proprietary technology and patents, and the production of other compounds unrelated to plastics. USI derives most of its revenue from Asia.

Usi (TPE:1304) Headlines

No Headlines