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Winstek Semiconductor Co (ROCO:3265) Cyclically Adjusted PB Ratio : 3.23 (As of Jun. 09, 2024)


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What is Winstek Semiconductor Co Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Winstek Semiconductor Co's current share price is NT$125.50. Winstek Semiconductor Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$38.82. Winstek Semiconductor Co's Cyclically Adjusted PB Ratio for today is 3.23.

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

ROCO:3265' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 1.04   Max: 3.5
Current: 3.23

During the past years, Winstek Semiconductor Co's highest Cyclically Adjusted PB Ratio was 3.50. The lowest was 0.72. And the median was 1.04.

ROCO:3265's Cyclically Adjusted PB Ratio is ranked worse than
60.52% of 689 companies
in the Semiconductors industry
Industry Median: 2.57 vs ROCO:3265: 3.23

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.

Winstek Semiconductor Co's adjusted book value per share data for the three months ended in Mar. 2024 was NT$41.803. 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$38.82 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Winstek Semiconductor Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Winstek Semiconductor 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.

Winstek Semiconductor Co Cyclically Adjusted PB Ratio Chart

Winstek Semiconductor 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 0.98 0.99 0.98 1.27 2.41

Winstek Semiconductor Co 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 1.59 1.86 2.33 2.41 3.28

Competitive Comparison of Winstek Semiconductor Co's Cyclically Adjusted PB Ratio

For the Semiconductor Equipment & Materials subindustry, Winstek Semiconductor 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.


Winstek Semiconductor Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Winstek Semiconductor 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=125.50/38.82
=3.23

* 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.

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

For example, Winstek Semiconductor Co'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)
=41.803/131.7762*131.7762
=41.803

Current CPI (Mar. 2024) = 131.7762.

Winstek Semiconductor Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 23.791 100.560 31.176
201409 25.075 100.428 32.902
201412 31.299 99.070 41.632
201503 26.748 99.621 35.382
201506 24.843 100.684 32.515
201509 24.982 100.392 32.792
201512 23.602 99.792 31.167
201603 22.908 100.470 30.046
201606 23.449 101.688 30.387
201609 23.881 101.861 30.895
201612 27.758 101.863 35.910
201703 29.234 102.862 37.452
201706 27.859 103.349 35.522
201709 28.451 104.136 36.003
201712 31.632 104.011 40.076
201803 31.689 105.290 39.661
201806 32.496 106.317 40.278
201809 33.419 106.507 41.348
201812 33.571 105.998 41.735
201903 34.053 107.251 41.840
201906 32.923 108.070 40.145
201909 33.212 108.329 40.400
201912 35.879 108.420 43.608
202003 34.605 108.902 41.874
202006 34.411 108.767 41.690
202009 34.578 109.815 41.493
202012 34.708 109.897 41.618
202103 33.935 111.754 40.015
202106 34.052 114.631 39.145
202109 35.043 115.734 39.900
202112 35.783 117.630 40.086
202203 35.899 121.301 38.999
202206 39.075 125.017 41.188
202209 42.595 125.227 44.823
202212 42.961 125.222 45.210
202303 39.026 127.348 40.383
202306 41.323 128.729 42.301
202309 43.849 129.860 44.496
202312 43.990 129.419 44.791
202403 41.803 131.776 41.803

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.


Winstek Semiconductor Co  (ROCO:3265) 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.


Winstek Semiconductor Co Cyclically Adjusted PB Ratio Related Terms

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


Winstek Semiconductor Co (ROCO:3265) Business Description

Traded in Other Exchanges
N/A
Address
No. 176-5, Luliaokeng, , 6th Ling, Qionglin Township, Hualung Chun, Chiung Lin, Hsinchu, TWN, 307410
Winstek Semiconductor Co Ltd is engaged in designing, testing, and selling integrated circuits. It offers wafer probing and sorting, final test, posttest, engineering support, turnkey test, wafer-level processing, and wafer bumping services. There are two reporting divisions in the Group: Testing Division and Packaging Division. It has two segments include the Testing Business and the Bumping Business for which the majority of the revenue is from the Bumping business segment.

Winstek Semiconductor Co (ROCO:3265) Headlines

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