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Ctci (TPE:9933) Cyclically Adjusted PB Ratio : 1.82 (As of May. 29, 2024)


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What is Ctci Cyclically Adjusted PB Ratio?

As of today (2024-05-29), Ctci's current share price is NT$47.90. Ctci's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$26.35. Ctci's Cyclically Adjusted PB Ratio for today is 1.82.

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

TPE:9933' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.18   Med: 1.63   Max: 2.1
Current: 1.79

During the past years, Ctci's highest Cyclically Adjusted PB Ratio was 2.10. The lowest was 1.18. And the median was 1.63.

TPE:9933's Cyclically Adjusted PB Ratio is ranked worse than
66.67% of 1224 companies
in the Construction industry
Industry Median: 1.115 vs TPE:9933: 1.79

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.

Ctci's adjusted book value per share data for the three months ended in Mar. 2024 was NT$21.205. 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$26.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ctci Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ctci'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.

Ctci Cyclically Adjusted PB Ratio Chart

Ctci 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 1.64 1.64 1.50 1.61 1.62

Ctci 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 1.60 1.60 1.50 1.62 1.80

Competitive Comparison of Ctci's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Ctci'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.


Ctci's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ctci's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ctci 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=47.90/26.35
=1.82

* 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.

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

For example, Ctci'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)
=21.205/131.7762*131.7762
=21.205

Current CPI (Mar. 2024) = 131.7762.

Ctci Quarterly Data

Book Value per Share CPI Adj_Book
201406 21.125 100.560 27.683
201409 21.778 100.428 28.576
201412 22.371 99.070 29.756
201503 22.883 99.621 30.269
201506 21.286 100.684 27.859
201509 21.907 100.392 28.756
201512 22.398 99.792 29.577
201603 23.010 100.470 30.180
201606 21.338 101.688 27.652
201609 22.102 101.861 28.593
201612 22.411 101.863 28.992
201703 22.763 102.862 29.162
201706 21.762 103.349 27.748
201709 22.445 104.136 28.403
201712 23.559 104.011 29.848
201803 24.112 105.290 30.178
201806 21.567 106.317 26.732
201809 22.335 106.507 27.634
201812 22.911 105.998 28.483
201903 23.287 107.251 28.612
201906 21.465 108.070 26.174
201909 21.589 108.329 26.262
201912 21.201 108.420 25.768
202003 21.711 108.902 26.271
202006 19.972 108.767 24.197
202009 20.476 109.815 24.571
202012 20.768 109.897 24.903
202103 21.313 111.754 25.131
202106 21.847 114.631 25.115
202109 20.616 115.734 23.474
202112 21.742 117.630 24.357
202203 23.117 121.301 25.113
202206 21.178 125.017 22.323
202209 22.027 125.227 23.179
202212 22.075 125.222 23.230
202303 20.596 127.348 21.312
202306 21.185 128.729 21.687
202309 21.963 129.860 22.287
202312 22.462 129.419 22.871
202403 21.205 131.776 21.205

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.


Ctci  (TPE:9933) 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.


Ctci Cyclically Adjusted PB Ratio Related Terms

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


Ctci (TPE:9933) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 89, Zhongshan North Road, Section 6, Taipei, TWN, 111046
Ctci Corp is engaged in designing, surveying, construction, and inspection of various engineering and construction projects, plants, machinery and equipment, and environmental protection projects. Its operating segment includes Construction Engineering, Service, and Others. The company generates maximum revenue from the Construction Engineering segment.

Ctci (TPE:9933) Headlines

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