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Orient Semiconductor Electronics (TPE:2329) Cyclically Adjusted PB Ratio : 4.44 (As of Jun. 06, 2024)


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What is Orient Semiconductor Electronics Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Orient Semiconductor Electronics's current share price is NT$60.90. Orient Semiconductor Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$13.73. Orient Semiconductor Electronics's Cyclically Adjusted PB Ratio for today is 4.44.

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

TPE:2329' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.85   Med: 1.59   Max: 5.8
Current: 4.47

During the past years, Orient Semiconductor Electronics's highest Cyclically Adjusted PB Ratio was 5.80. The lowest was 0.85. And the median was 1.59.

TPE:2329's Cyclically Adjusted PB Ratio is ranked worse than
73.26% of 688 companies
in the Semiconductors industry
Industry Median: 2.57 vs TPE:2329: 4.47

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.

Orient Semiconductor Electronics's adjusted book value per share data for the three months ended in Mar. 2024 was NT$16.693. 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$13.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Orient Semiconductor Electronics Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Orient Semiconductor 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.

Orient Semiconductor Electronics Cyclically Adjusted PB Ratio Chart

Orient Semiconductor 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 1.44 1.44 2.33 1.42 4.09

Orient Semiconductor 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 1.62 1.77 3.18 4.09 4.78

Competitive Comparison of Orient Semiconductor Electronics's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Orient Semiconductor 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.


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

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

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



Orient Semiconductor 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=60.90/13.73
=4.44

* 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.

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

For example, Orient Semiconductor 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)
=16.693/131.7762*131.7762
=16.693

Current CPI (Mar. 2024) = 131.7762.

Orient Semiconductor Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.417 100.560 11.030
201409 8.830 100.428 11.586
201412 9.086 99.070 12.086
201503 9.492 99.621 12.556
201506 9.953 100.684 13.027
201509 10.407 100.392 13.660
201512 10.899 99.792 14.392
201603 11.278 100.470 14.792
201606 11.638 101.688 15.082
201609 11.767 101.861 15.223
201612 11.740 101.863 15.188
201703 11.315 102.862 14.496
201706 11.083 103.349 14.131
201709 10.911 104.136 13.807
201712 10.247 104.011 12.982
201803 10.041 105.290 12.567
201806 10.001 106.317 12.396
201809 9.937 106.507 12.295
201812 9.963 105.998 12.386
201903 10.087 107.251 12.394
201906 10.502 108.070 12.806
201909 10.948 108.329 13.318
201912 10.884 108.420 13.229
202003 10.922 108.902 13.216
202006 10.285 108.767 12.461
202009 10.316 109.815 12.379
202012 10.414 109.897 12.487
202103 10.867 111.754 12.814
202106 11.621 114.631 13.359
202109 12.249 115.734 13.947
202112 12.949 117.630 14.506
202203 13.639 121.301 14.817
202206 12.969 125.017 13.670
202209 13.565 125.227 14.274
202212 14.314 125.222 15.063
202303 15.029 127.348 15.552
202306 14.619 128.729 14.965
202309 15.947 129.860 16.182
202312 17.057 129.419 17.368
202403 16.693 131.776 16.693

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.


Orient Semiconductor Electronics  (TPE:2329) 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.


Orient Semiconductor Electronics Cyclically Adjusted PB Ratio Related Terms

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


Orient Semiconductor Electronics (TPE:2329) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Central 3rd Street, Nanzi Processing Export Zone, Kaohsiung, TWN, 811
Orient Semiconductor Electronics Ltd is a Taiwanese producer of integrated circuit packaging. The company offers full turnkey solutions in diverse IC packaging and testing with applications in consumer electronics, telecommunications networks, automotive electronics, computers, communications, networks, industrial controllers, digital cameras, and commercial products.

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