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Syncomm Technology (ROCO:3150) Cyclically Adjusted PB Ratio : 4.11 (As of Jun. 13, 2024)


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What is Syncomm Technology Cyclically Adjusted PB Ratio?

As of today (2024-06-13), Syncomm Technology's current share price is NT$49.00. Syncomm Technology's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 was NT$11.93. Syncomm Technology's Cyclically Adjusted PB Ratio for today is 4.11.

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

ROCO:3150' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.04   Med: 2.38   Max: 4.65
Current: 4.65

During the past 13 years, Syncomm Technology's highest Cyclically Adjusted PB Ratio was 4.65. The lowest was 2.04. And the median was 2.38.

ROCO:3150's Cyclically Adjusted PB Ratio is ranked worse than
73.84% of 688 companies
in the Semiconductors industry
Industry Median: 2.53 vs ROCO:3150: 4.65

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.

Syncomm Technology's adjusted book value per share data of for the fiscal year that ended in Dec22 was NT$12.542. 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$11.93 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Syncomm Technology Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Syncomm Technology'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.

Syncomm Technology Cyclically Adjusted PB Ratio Chart

Syncomm Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 0.99 2.31 3.06 2.27

Syncomm Technology Quarterly Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 2.27 - - - -

Competitive Comparison of Syncomm Technology's Cyclically Adjusted PB Ratio

For the Semiconductor Equipment & Materials subindustry, Syncomm Technology'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.


Syncomm Technology's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Syncomm Technology 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=49.00/11.93
=4.11

* 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.

Syncomm Technology's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Syncomm Technology's adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Adj_Book=Book Value per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=12.542/125.2218*125.2218
=12.542

Current CPI (Dec22) = 125.2218.

Syncomm Technology Annual Data

Book Value per Share CPI Adj_Book
201312 13.112 98.326 16.699
201412 12.505 99.070 15.806
201512 10.243 99.792 12.853
201612 8.023 101.863 9.863
201712 7.318 104.011 8.810
201812 7.983 105.998 9.431
201912 8.231 108.420 9.507
202012 9.660 109.897 11.007
202112 11.961 117.630 12.733
202212 12.542 125.222 12.542

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.


Syncomm Technology  (ROCO:3150) 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.


Syncomm Technology Cyclically Adjusted PB Ratio Related Terms

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


Syncomm Technology (ROCO:3150) Business Description

Traded in Other Exchanges
N/A
Address
Gongdao 5th Road, East District, 10th Floor, No.101, Sec. 2, Hsinchu City, TWN, 30070
Syncomm Technology Corp is a Taiwan based fabless semiconductor company. It is specializing in real time wireless digital audio and video streaming technology. The company provides varieties of solutions ranging from mobile to multi-room, from MP3-like to audiophile quality in Taiwan.

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