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Feng Ching Metal (ROCO:2061) Cyclically Adjusted PB Ratio : 1.26 (As of Jun. 27, 2025)


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What is Feng Ching Metal Cyclically Adjusted PB Ratio?

As of today (2025-06-27), Feng Ching Metal's current share price is NT$18.50. Feng Ching Metal's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$14.73. Feng Ching Metal's Cyclically Adjusted PB Ratio for today is 1.26.

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

ROCO:2061' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.24   Max: 2.25
Current: 1.29

During the past years, Feng Ching Metal's highest Cyclically Adjusted PB Ratio was 2.25. The lowest was 0.57. And the median was 1.24.

ROCO:2061's Cyclically Adjusted PB Ratio is ranked better than
65.38% of 2230 companies
in the Industrial Products industry
Industry Median: 2.05 vs ROCO:2061: 1.29

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.

Feng Ching Metal's adjusted book value per share data for the three months ended in Mar. 2025 was NT$11.608. 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$14.73 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Feng Ching Metal Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Feng Ching Metal'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.

Feng Ching Metal Cyclically Adjusted PB Ratio Chart

Feng Ching Metal Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 1.56 1.59 1.07 1.22

Feng Ching Metal Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.08 1.62 1.65 1.22 1.35

Competitive Comparison of Feng Ching Metal's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Feng Ching Metal'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.


Feng Ching Metal's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Feng Ching Metal's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Feng Ching Metal 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.

Feng Ching Metal's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.50/14.73
=1.26

* 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.

Feng Ching Metal's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Feng Ching Metal's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=11.608/134.9266*134.9266
=11.608

Current CPI (Mar. 2025) = 134.9266.

Feng Ching Metal Quarterly Data

Book Value per Share CPI Adj_Book
201506 13.859 100.684 18.572
201509 13.304 100.392 17.881
201512 13.044 99.792 17.636
201603 13.030 100.470 17.499
201606 12.798 101.688 16.981
201609 12.850 101.861 17.021
201612 13.132 101.863 17.395
201703 13.421 102.862 17.605
201706 13.254 103.349 17.304
201709 13.539 104.136 17.542
201712 13.765 104.011 17.856
201803 13.968 105.290 17.900
201806 14.060 106.317 17.844
201809 13.616 106.507 17.249
201812 12.683 105.998 16.144
201903 12.677 107.251 15.948
201906 12.660 108.070 15.806
201909 12.367 108.329 15.403
201912 12.337 108.420 15.353
202003 11.991 108.902 14.857
202006 12.033 108.767 14.927
202009 12.343 109.815 15.166
202012 10.069 109.897 12.362
202103 11.496 111.754 13.880
202106 12.046 114.631 14.179
202109 12.218 115.734 14.244
202112 12.503 117.630 14.342
202203 13.363 121.301 14.864
202206 11.756 125.017 12.688
202209 11.486 125.227 12.376
202212 10.565 125.222 11.384
202303 10.660 127.348 11.294
202306 10.234 128.729 10.727
202309 10.645 129.860 11.060
202312 10.061 129.419 10.489
202403 10.157 131.776 10.400
202406 10.792 132.554 10.985
202409 10.519 133.029 10.669
202412 11.654 133.157 11.809
202503 11.608 134.927 11.608

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.


Feng Ching Metal  (ROCO:2061) 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.


Feng Ching Metal Cyclically Adjusted PB Ratio Related Terms

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


Feng Ching Metal Business Description

Traded in Other Exchanges
N/A
Address
No. 38, Xinguang Road, Floor 30-4, Lingya District, Kaohsiung, TWN, 802
Feng Ching Metal Corp is a Taiwan-based company engaged in the production of enameled wire. Its products include copper bonding wires, polyether diol-coated copper bonding wires, and others.

Feng Ching Metal Headlines

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