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E Ink Holdings (LUX:EINKH) Cyclically Adjusted PB Ratio : 6.56 (As of May. 21, 2024)


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What is E Ink Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-21), E Ink Holdings's current share price is $66.00. E Ink Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $10.06. E Ink Holdings's Cyclically Adjusted PB Ratio for today is 6.56.

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

LUX:EINKH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.9   Med: 3.12   Max: 8.4
Current: 6.59

During the past years, E Ink Holdings's highest Cyclically Adjusted PB Ratio was 8.40. The lowest was 0.90. And the median was 3.12.

LUX:EINKH's Cyclically Adjusted PB Ratio is ranked worse than
91.97% of 1868 companies
in the Hardware industry
Industry Median: 1.645 vs LUX:EINKH: 6.59

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.

E Ink Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was $13.187. 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 $10.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


E Ink Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for E Ink Holdings'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.

E Ink Holdings Cyclically Adjusted PB Ratio Chart

E Ink Holdings 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 1.25 1.81 5.58 5.49 6.28

E Ink Holdings 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 6.15 7.37 5.77 6.28 7.06

Competitive Comparison of E Ink Holdings's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, E Ink Holdings'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.


E Ink Holdings's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



E Ink Holdings 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.

E Ink Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=66.00/10.06
=6.56

* 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.

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

For example, E Ink Holdings'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)
=13.187/131.7762*131.7762
=13.187

Current CPI (Mar. 2024) = 131.7762.

E Ink Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.241 100.560 9.489
201409 7.292 100.428 9.568
201412 7.449 99.070 9.908
201503 7.013 99.621 9.277
201506 7.126 100.684 9.327
201509 7.052 100.392 9.257
201512 7.134 99.792 9.420
201603 7.085 100.470 9.293
201606 7.195 101.688 9.324
201609 7.444 101.861 9.630
201612 7.555 101.863 9.774
201703 7.745 102.862 9.922
201706 7.514 103.349 9.581
201709 7.902 104.136 9.999
201712 8.004 104.011 10.141
201803 8.341 105.290 10.439
201806 7.842 106.317 9.720
201809 7.941 106.507 9.825
201812 8.028 105.998 9.980
201903 8.325 107.251 10.229
201906 7.929 108.070 9.668
201909 8.082 108.329 9.831
201912 8.449 108.420 10.269
202003 8.314 108.902 10.060
202006 8.037 108.767 9.737
202009 8.411 109.815 10.093
202012 9.536 109.897 11.435
202103 9.194 111.754 10.841
202106 10.013 114.631 11.511
202109 10.149 115.734 11.556
202112 11.113 117.630 12.450
202203 10.767 121.301 11.697
202206 10.613 125.017 11.187
202209 11.462 125.227 12.061
202212 12.498 125.222 13.152
202303 11.523 127.348 11.924
202306 12.151 128.729 12.439
202309 12.796 129.860 12.985
202312 13.715 129.419 13.965
202403 13.187 131.776 13.187

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.


E Ink Holdings  (LUX:EINKH) 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.


E Ink Holdings Cyclically Adjusted PB Ratio Related Terms

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


E Ink Holdings (LUX:EINKH) Business Description

Industry
Traded in Other Exchanges
Address
No. 3, Lixing 1st Road, Hsinchu Science-Based Industrial Park, Hsinchu, TWN, 300
E Ink Holdings Inc manufactures electronic paper products and thin-film transistors based on liquid crystal displays. The electronic paper is based on electrophoretic technology and is a critical display component in electronic readers, electronic shelf labels, mobile phones, and watches. The thin-film transistors have niche market applications in vehicles and entertainment systems, ship and air navigation, security monitoring, medical instruments, and cameras. The firm has operations in the ROC, Asia, and America.

E Ink Holdings (LUX:EINKH) Headlines

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