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Synnex Technology International (LUX:SYNEX) Cyclically Adjusted PB Ratio : 2.25 (As of Jun. 22, 2024)


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What is Synnex Technology International Cyclically Adjusted PB Ratio?

As of today (2024-06-22), Synnex Technology International's current share price is $10.40. Synnex Technology International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $4.62. Synnex Technology International's Cyclically Adjusted PB Ratio for today is 2.25.

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

LUX:SYNEX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.21   Med: 1.72   Max: 2.48
Current: 2.27

During the past years, Synnex Technology International's highest Cyclically Adjusted PB Ratio was 2.48. The lowest was 1.21. And the median was 1.72.

LUX:SYNEX's Cyclically Adjusted PB Ratio is ranked worse than
62.3% of 1902 companies
in the Hardware industry
Industry Median: 1.665 vs LUX:SYNEX: 2.27

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.

Synnex Technology International's adjusted book value per share data for the three months ended in Mar. 2024 was $5.331. 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 $4.62 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Synnex Technology International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Synnex Technology International'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.

Synnex Technology International Cyclically Adjusted PB Ratio Chart

Synnex Technology International 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 1.34 1.65 2.14 1.76 1.97

Synnex Technology International 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 1.78 1.66 1.80 1.97 2.12

Competitive Comparison of Synnex Technology International's Cyclically Adjusted PB Ratio

For the Electronics & Computer Distribution subindustry, Synnex Technology International'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.


Synnex Technology International's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Synnex Technology International 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.

Synnex Technology International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.40/4.62
=2.25

* 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.

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

For example, Synnex Technology International'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)
=5.331/131.7762*131.7762
=5.331

Current CPI (Mar. 2024) = 131.7762.

Synnex Technology International Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.277 100.560 4.294
201409 3.379 100.428 4.434
201412 3.467 99.070 4.612
201503 3.426 99.621 4.532
201506 3.119 100.684 4.082
201509 3.109 100.392 4.081
201512 3.132 99.792 4.136
201603 3.203 100.470 4.201
201606 3.083 101.688 3.995
201609 3.140 101.861 4.062
201612 3.190 101.863 4.127
201703 3.206 102.862 4.107
201706 3.289 103.349 4.194
201709 3.480 104.136 4.404
201712 3.616 104.011 4.581
201803 3.853 105.290 4.822
201806 3.643 106.317 4.515
201809 3.587 106.507 4.438
201812 3.706 105.998 4.607
201903 4.001 107.251 4.916
201906 3.771 108.070 4.598
201909 3.771 108.329 4.587
201912 3.948 108.420 4.798
202003 3.580 108.902 4.332
202006 3.817 108.767 4.624
202009 4.118 109.815 4.942
202012 4.641 109.897 5.565
202103 4.394 111.754 5.181
202106 4.687 114.631 5.388
202109 5.109 115.734 5.817
202112 5.498 117.630 6.159
202203 5.112 121.301 5.553
202206 4.885 125.017 5.149
202209 5.277 125.227 5.553
202212 5.677 125.222 5.974
202303 5.294 127.348 5.478
202306 4.990 128.729 5.108
202309 5.265 129.860 5.343
202312 5.511 129.419 5.611
202403 5.331 131.776 5.331

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.


Synnex Technology International  (LUX:SYNEX) 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.


Synnex Technology International Cyclically Adjusted PB Ratio Related Terms

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


Synnex Technology International (LUX:SYNEX) Business Description

Traded in Other Exchanges
Address
No. 75, Mingshen East Road, 4th Floor, Section 3, Taipei, TWN
Synnex Technology International Corp is a Taiwan-based company engaged in the sale of computers and related parts, communication products, consumer electronic products, electronic components, warehouse and logistics services, and maintenance and technical services. The majority of the company's revenue is generated from the distribution industry and is mainly engaged in the sale of 3C and semiconductor products. The company operates in Taiwan, Hong Kong, China, Australia, New Zealand, and Indonesia, out of which China and Hongkong is the key source of revenue.

Synnex Technology International (LUX:SYNEX) Headlines

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