GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Aspocomp Group PLC (OHEL:ACG1V) » Definitions » Cyclically Adjusted PB Ratio

Aspocomp Group (OHEL:ACG1V) Cyclically Adjusted PB Ratio : 1.20 (As of Jun. 19, 2024)


View and export this data going back to 1999. Start your Free Trial

What is Aspocomp Group Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Aspocomp Group's current share price is €3.10. Aspocomp Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €2.58. Aspocomp Group's Cyclically Adjusted PB Ratio for today is 1.20.

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

OHEL:ACG1V' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 2.24   Max: 3.93
Current: 1.21

During the past years, Aspocomp Group's highest Cyclically Adjusted PB Ratio was 3.93. The lowest was 0.32. And the median was 2.24.

OHEL:ACG1V's Cyclically Adjusted PB Ratio is ranked better than
63.35% of 1902 companies
in the Hardware industry
Industry Median: 1.67 vs OHEL:ACG1V: 1.21

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.

Aspocomp Group's adjusted book value per share data for the three months ended in Mar. 2024 was €2.498. 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 €2.58 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aspocomp Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aspocomp Group'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.

Aspocomp Group Cyclically Adjusted PB Ratio Chart

Aspocomp Group 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 2.99 2.01 2.80 3.02 1.50

Aspocomp Group 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 2.60 2.21 1.85 1.50 1.25

Competitive Comparison of Aspocomp Group's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Aspocomp Group'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.


Aspocomp Group's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Aspocomp Group 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.

Aspocomp Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.10/2.58
=1.20

* 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.

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

For example, Aspocomp Group'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)
=2.498/122.3600*122.3600
=2.498

Current CPI (Mar. 2024) = 122.3600.

Aspocomp Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.970 100.147 2.407
201409 1.910 100.726 2.320
201412 1.663 100.229 2.030
201503 1.686 100.120 2.061
201506 1.606 100.030 1.965
201509 1.529 100.130 1.868
201512 1.477 99.990 1.807
201603 1.407 100.080 1.720
201606 1.431 100.390 1.744
201609 1.454 100.540 1.770
201612 1.638 101.020 1.984
201703 1.666 100.910 2.020
201706 1.675 101.140 2.026
201709 1.684 101.320 2.034
201712 1.814 101.510 2.187
201803 1.792 101.730 2.155
201806 1.898 102.320 2.270
201809 1.979 102.600 2.360
201812 2.233 102.710 2.660
201903 2.360 102.870 2.807
201906 2.433 103.360 2.880
201909 2.501 103.540 2.956
201912 2.699 103.650 3.186
202003 2.604 103.490 3.079
202006 2.633 103.320 3.118
202009 2.484 103.710 2.931
202012 2.506 103.890 2.952
202103 2.441 104.870 2.848
202106 2.502 105.360 2.906
202109 2.651 106.290 3.052
202112 2.800 107.490 3.187
202203 2.913 110.950 3.213
202206 2.997 113.570 3.229
202209 3.195 114.920 3.402
202212 3.187 117.320 3.324
202303 3.242 119.750 3.313
202306 3.078 120.690 3.121
202309 2.963 121.280 2.989
202312 2.743 121.540 2.762
202403 2.498 122.360 2.498

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.


Aspocomp Group  (OHEL:ACG1V) 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.


Aspocomp Group Cyclically Adjusted PB Ratio Related Terms

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


Aspocomp Group (OHEL:ACG1V) Business Description

Industry
Traded in Other Exchanges
Address
Keilaranta 1, Espoo, FIN, 02150
Aspocomp Group PLC is a Finland-based company engaged in manufacturing and selling printed circuit boards (PCBs). The products offered by the company are HDI PCBs, Multilayers and Backplanes, PCBs with cooling features, High-Frequency PCBs, Mixed Dielectric, and IMS PCBs for LED applications. Its products are used in the electronics industry like telecommunications networks, automobiles, industrial electronics, security and defense, semiconductor research and development, and integrated circuit testing. The group makes sales in Finland, Europe, Asia, and Other countries, of which the majority of the revenue is generated from Europe.

Aspocomp Group (OHEL:ACG1V) Headlines

No Headlines