GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Pegatron Corp (TPE:4938) » Definitions » Cyclically Adjusted PB Ratio

Pegatron (TPE:4938) Cyclically Adjusted PB Ratio : 1.50 (As of May. 26, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Pegatron Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Pegatron's current share price is NT$106.00. Pegatron's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$70.50. Pegatron's Cyclically Adjusted PB Ratio for today is 1.50.

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

TPE:4938' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.15   Max: 1.5
Current: 1.5

During the past years, Pegatron's highest Cyclically Adjusted PB Ratio was 1.50. The lowest was 0.86. And the median was 1.15.

TPE:4938's Cyclically Adjusted PB Ratio is ranked better than
55.37% of 1871 companies
in the Hardware industry
Industry Median: 1.66 vs TPE:4938: 1.50

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.

Pegatron's adjusted book value per share data for the three months ended in Mar. 2024 was NT$70.851. 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$70.50 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pegatron Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pegatron'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.

Pegatron Cyclically Adjusted PB Ratio Chart

Pegatron 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 1.26 1.21 1.14 0.96 1.26

Pegatron 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 1.04 1.10 1.11 1.26 1.43

Competitive Comparison of Pegatron's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Pegatron'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.


Pegatron's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Pegatron 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=106.00/70.5
=1.50

* 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.

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

For example, Pegatron'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)
=70.851/131.7762*131.7762
=70.851

Current CPI (Mar. 2024) = 131.7762.

Pegatron Quarterly Data

Book Value per Share CPI Adj_Book
201406 46.232 100.560 60.584
201409 49.727 100.428 65.249
201412 56.464 99.070 75.105
201503 56.403 99.621 74.608
201506 52.831 100.684 69.146
201509 55.708 100.392 73.124
201512 57.771 99.792 76.287
201603 58.081 100.470 76.179
201606 54.617 101.688 70.777
201609 55.466 101.861 71.756
201612 57.577 101.863 74.485
201703 56.953 102.862 72.962
201706 53.949 103.349 68.788
201709 54.767 104.136 69.304
201712 55.842 104.011 70.749
201803 56.365 105.290 70.544
201806 55.009 106.317 68.182
201809 55.843 106.507 69.092
201812 57.441 105.998 71.410
201903 58.338 107.251 71.679
201906 56.361 108.070 68.725
201909 58.492 108.329 71.152
201912 60.390 108.420 73.399
202003 56.630 108.902 68.525
202006 58.602 108.767 70.999
202009 60.917 109.815 73.099
202012 61.060 109.897 73.216
202103 57.483 111.754 67.782
202106 58.512 114.631 67.263
202109 59.441 115.734 67.680
202112 62.425 117.630 69.933
202203 60.181 121.301 65.378
202206 62.765 125.017 66.159
202209 68.300 125.227 71.872
202212 68.408 125.222 71.989
202303 65.443 127.348 67.719
202306 67.467 128.729 69.064
202309 71.903 129.860 72.964
202312 70.865 129.419 72.155
202403 70.851 131.776 70.851

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.


Pegatron  (TPE:4938) 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.


Pegatron Cyclically Adjusted PB Ratio Related Terms

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


Pegatron (TPE:4938) Business Description

Industry
Traded in Other Exchanges
Address
No. 96, Ligong Street, 5th Floor, Beitou District, Taipei, TWN, 112
Pegatron Corp is engaged in manufacturing of wide range of technology products including primarily, 1) computing devices: notebook PC, desktop PC and motherboard, 2) consumer electronics: tablet devices, game consoles, LCV TV and multimedia player and 3) communication device: smartphone, broadband and networking device.

Pegatron (TPE:4938) Headlines

No Headlines