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Acer (ACEIY) Cyclically Adjusted PB Ratio : (As of Jun. 06, 2024)


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What is Acer Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Acer Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Acer'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.

Acer Cyclically Adjusted PB Ratio Chart

Acer 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 0.72 0.98 1.26 0.97 2.22

Acer 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 1.16 1.29 1.49 2.22 1.90

Competitive Comparison of Acer's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Acer'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.


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

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

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



Acer 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.

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

For example, Acer'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)
=3.857/131.7762*131.7762
=3.857

Current CPI (Mar. 2024) = 131.7762.

Acer Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.381 100.560 4.431
201409 3.396 100.428 4.456
201412 3.414 99.070 4.541
201503 3.274 99.621 4.331
201506 3.302 100.684 4.322
201509 3.269 100.392 4.291
201512 3.318 99.792 4.381
201603 3.309 100.470 4.340
201606 3.268 101.688 4.235
201609 3.229 101.861 4.177
201612 2.925 101.863 3.784
201703 2.965 102.862 3.798
201706 3.029 103.349 3.862
201709 3.114 104.136 3.941
201712 3.162 104.011 4.006
201803 3.248 105.290 4.065
201806 3.151 106.317 3.906
201809 3.104 106.507 3.840
201812 3.125 105.998 3.885
201903 3.176 107.251 3.902
201906 3.059 108.070 3.730
201909 3.103 108.329 3.775
201912 3.145 108.420 3.823
202003 3.013 108.902 3.646
202006 3.143 108.767 3.808
202009 3.276 109.815 3.931
202012 3.497 109.897 4.193
202103 3.430 111.754 4.045
202106 3.575 114.631 4.110
202109 3.675 115.734 4.184
202112 3.774 117.630 4.228
202203 3.537 121.301 3.842
202206 3.480 125.017 3.668
202209 3.516 125.227 3.700
202212 3.539 125.222 3.724
202303 3.428 127.348 3.547
202306 3.779 128.729 3.868
202309 3.926 129.860 3.984
202312 3.960 129.419 4.032
202403 3.857 131.776 3.857

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.


Acer  (OTCPK:ACEIY) 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.


Acer Cyclically Adjusted PB Ratio Related Terms

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Acer (ACEIY) Business Description

Industry
Traded in Other Exchanges
Address
No. 369, Fuxing North Road, Songshan District, Taipei, TWN, 105
Acer Inc is a hardware and electronics company specializing in advanced electronics technology. Its products are sold under three brands: Acer, Gateway, and Packard Bell. It include desktop PCs, clamshell laptops, 2-in-1 laptops, convertible laptops, Chromebooks, tablets, servers, storage devices, virtual reality devices, displays, smartphones, and peripherals. A large majority of the firm's revenue is derived from personal computers and the rest from peripherals and other products. The firm generates revenue in the Americas, Mainland China, Taiwan, and other countries across the world.