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TTFB Co (ROCO:2729) Cyclically Adjusted PB Ratio : 3.20 (As of Sep. 22, 2024)


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What is TTFB Co Cyclically Adjusted PB Ratio?

As of today (2024-09-22), TTFB Co's current share price is NT$200.50. TTFB Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was NT$62.72. TTFB Co's Cyclically Adjusted PB Ratio for today is 3.20.

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

ROCO:2729' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.21   Med: 2.95   Max: 4.4
Current: 3.2

During the past years, TTFB Co's highest Cyclically Adjusted PB Ratio was 4.40. The lowest was 2.21. And the median was 2.95.

ROCO:2729's Cyclically Adjusted PB Ratio is ranked worse than
68.26% of 230 companies
in the Restaurants industry
Industry Median: 1.965 vs ROCO:2729: 3.20

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.

TTFB Co's adjusted book value per share data for the three months ended in Jun. 2024 was NT$61.036. 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$62.72 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TTFB Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for TTFB Co'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.

TTFB Co Cyclically Adjusted PB Ratio Chart

TTFB Co 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 - 2.96 2.43 2.77 3.51

TTFB Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 4.00 3.66 3.51 3.43 3.41

Competitive Comparison of TTFB Co's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, TTFB Co'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.


TTFB Co's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, TTFB Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



TTFB Co 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.

TTFB Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=200.50/62.72
=3.20

* 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.

TTFB Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, TTFB Co's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=61.036/132.5538*132.5538
=61.036

Current CPI (Jun. 2024) = 132.5538.

TTFB Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 45.454 100.428 59.994
201412 46.334 99.070 61.994
201503 48.318 99.621 64.291
201506 44.392 100.684 58.444
201509 46.435 100.392 61.311
201512 47.417 99.792 62.984
201603 49.586 100.470 65.420
201606 45.262 101.688 59.001
201609 47.554 101.861 61.883
201612 48.653 101.863 63.312
201703 50.687 102.862 65.318
201706 46.003 103.349 59.003
201709 48.555 104.136 61.805
201712 50.096 104.011 63.843
201803 52.551 105.290 66.159
201806 47.443 106.317 59.151
201809 50.244 106.507 62.532
201812 51.524 105.998 64.432
201903 54.505 107.251 67.364
201906 48.544 108.070 59.542
201909 51.329 108.329 62.807
201912 54.582 108.420 66.732
202003 55.288 108.902 67.296
202006 50.537 108.767 61.589
202009 54.744 109.815 66.080
202012 56.839 109.897 68.557
202103 60.281 111.754 71.500
202106 59.635 114.631 68.959
202109 50.244 115.734 57.546
202112 52.319 117.630 58.957
202203 54.117 121.301 59.137
202206 49.201 125.017 52.167
202209 52.589 125.227 55.666
202212 55.580 125.222 58.834
202303 59.403 127.348 61.831
202306 59.887 128.729 61.667
202309 64.217 129.860 65.549
202312 65.362 129.419 66.945
202403 67.733 131.776 68.133
202406 61.036 132.554 61.036

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.


TTFB Co  (ROCO:2729) 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.


TTFB Co Cyclically Adjusted PB Ratio Related Terms

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


TTFB Co Business Description

Traded in Other Exchanges
N/A
Address
7th Floor-1, No. 176, Jian 1st Road, Zhonghe District, New Taipei, TWN, 235
TTFB Co Ltd is engaged in the operation of the oriental food chain restaurant. It operates three brands which are 'Thai Town Cuisine', 'VeryThai Restaurant' and Hunan Cuisine '1010xiang'. The company generates maximum revenue from the Restaurant service segment.

TTFB Co Headlines

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