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Browave (ROCO:3163) Cyclically Adjusted PB Ratio : 5.80 (As of Jun. 03, 2025)


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What is Browave Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Browave's current share price is NT$166.00. Browave's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$28.64. Browave's Cyclically Adjusted PB Ratio for today is 5.80.

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

ROCO:3163' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.6   Med: 2.49   Max: 7.67
Current: 5.64

During the past years, Browave's highest Cyclically Adjusted PB Ratio was 7.67. The lowest was 1.60. And the median was 2.49.

ROCO:3163's Cyclically Adjusted PB Ratio is ranked worse than
87.47% of 1924 companies
in the Hardware industry
Industry Median: 1.66 vs ROCO:3163: 5.64

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.

Browave's adjusted book value per share data for the three months ended in Mar. 2025 was NT$32.889. 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$28.64 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Browave Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Browave'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.

Browave Cyclically Adjusted PB Ratio Chart

Browave 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 2.53 1.81 1.94 3.29 5.02

Browave 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 3.74 4.94 5.63 5.02 6.02

Competitive Comparison of Browave's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Browave'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.


Browave's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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


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Browave 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.

Browave's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=166.00/28.64
=5.80

* 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.

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

For example, Browave'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)
=32.889/134.9266*134.9266
=32.889

Current CPI (Mar. 2025) = 134.9266.

Browave Quarterly Data

Book Value per Share CPI Adj_Book
201506 20.255 100.684 27.144
201509 20.271 100.392 27.244
201512 19.249 99.792 26.026
201603 19.365 100.470 26.006
201606 20.348 101.688 26.999
201609 21.418 101.861 28.371
201612 22.366 101.863 29.626
201703 22.402 102.862 29.385
201706 20.134 103.349 26.286
201709 20.075 104.136 26.011
201712 20.113 104.011 26.091
201803 19.976 105.290 25.599
201806 20.127 106.317 25.543
201809 20.175 106.507 25.558
201812 22.781 105.998 28.998
201903 21.862 107.251 27.504
201906 21.283 108.070 26.572
201909 21.643 108.329 26.957
201912 22.108 108.420 27.513
202003 20.164 108.902 24.983
202006 22.571 108.767 27.999
202009 24.240 109.815 29.783
202012 25.346 109.897 31.119
202103 22.953 111.754 27.712
202106 23.117 114.631 27.210
202109 23.215 115.734 27.065
202112 24.098 117.630 27.642
202203 24.118 121.301 26.827
202206 25.859 125.017 27.909
202209 28.388 125.227 30.587
202212 29.359 125.222 31.634
202303 26.027 127.348 27.576
202306 27.805 128.729 29.144
202309 32.296 129.860 33.556
202312 32.504 129.419 33.887
202403 30.966 131.776 31.706
202406 32.988 132.554 33.579
202409 33.202 133.029 33.676
202412 35.226 133.157 35.694
202503 32.889 134.927 32.889

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.


Browave  (ROCO:3163) 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.


Browave Cyclically Adjusted PB Ratio Related Terms

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


Browave Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.30, Industry East Road IX, 3rd Floor, Hsinchu Science Park, Hsinchu County, Hsinchu, TWN, 30075
Browave Corp is mainly engaged in the design, production, and sales of optical fiber communication components. Its products include Modules, Components, MPO/MTP Cable, and Optical parts.

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