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Taiwan Benefit Co (ROCO:3379) Cyclically Adjusted PB Ratio : 4.56 (As of May. 29, 2025)


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What is Taiwan Benefit Co Cyclically Adjusted PB Ratio?

As of today (2025-05-29), Taiwan Benefit Co's current share price is NT$74.50. Taiwan Benefit Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$16.33. Taiwan Benefit Co's Cyclically Adjusted PB Ratio for today is 4.56.

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

ROCO:3379' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.77   Max: 4.77
Current: 4.75

During the past years, Taiwan Benefit Co's highest Cyclically Adjusted PB Ratio was 4.77. The lowest was 0.49. And the median was 0.77.

ROCO:3379's Cyclically Adjusted PB Ratio is ranked worse than
81.03% of 2114 companies
in the Industrial Products industry
Industry Median: 1.955 vs ROCO:3379: 4.75

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.

Taiwan Benefit Co's adjusted book value per share data for the three months ended in Mar. 2025 was NT$15.534. 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$16.33 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Benefit Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Taiwan Benefit 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.

Taiwan Benefit Co Cyclically Adjusted PB Ratio Chart

Taiwan Benefit Co 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 0.83 0.77 0.71 0.96 2.28

Taiwan Benefit Co 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 0.89 1.72 2.09 2.28 3.42

Competitive Comparison of Taiwan Benefit Co's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Taiwan Benefit 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.


Taiwan Benefit Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Taiwan Benefit Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Taiwan Benefit 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=74.50/16.33
=4.56

* 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.

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

For example, Taiwan Benefit Co'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)
=15.534/134.9266*134.9266
=15.534

Current CPI (Mar. 2025) = 134.9266.

Taiwan Benefit Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 16.137 100.684 21.625
201509 15.948 100.392 21.434
201512 15.987 99.792 21.616
201603 15.307 100.470 20.557
201606 15.139 101.688 20.087
201609 14.157 101.861 18.753
201612 15.116 101.863 20.023
201703 14.106 102.862 18.503
201706 13.846 103.349 18.077
201709 13.240 104.136 17.155
201712 14.733 104.011 19.112
201803 13.636 105.290 17.474
201806 13.116 106.317 16.646
201809 12.342 106.507 15.635
201812 13.127 105.998 16.710
201903 12.888 107.251 16.214
201906 12.400 108.070 15.482
201909 12.085 108.329 15.052
201912 11.751 108.420 14.624
202003 10.905 108.902 13.511
202006 12.797 108.767 15.875
202009 12.633 109.815 15.522
202012 12.299 109.897 15.100
202103 12.297 111.754 14.847
202106 11.903 114.631 14.010
202109 11.337 115.734 13.217
202112 12.396 117.630 14.219
202203 12.533 121.301 13.941
202206 12.022 125.017 12.975
202209 12.103 125.227 13.041
202212 12.176 125.222 13.120
202303 12.923 127.348 13.692
202306 13.747 128.729 14.409
202309 13.811 129.860 14.350
202312 15.796 129.419 16.468
202403 15.938 131.776 16.319
202406 15.542 132.554 15.820
202409 15.560 133.029 15.782
202412 16.384 133.157 16.602
202503 15.534 134.927 15.534

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.


Taiwan Benefit Co  (ROCO:3379) 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.


Taiwan Benefit Co Cyclically Adjusted PB Ratio Related Terms

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


Taiwan Benefit Co Business Description

Traded in Other Exchanges
N/A
Address
Ruiguang Road, 5th Floor, Building No. 2085, Neihu District, Taipei, TWN, 114
Taiwan Benefit Co manufactures and distributes processing and packaging production lines for the food and beverage industry. Its production equipment, includes tea extraction system, CIP system, Pasteurize System, Packaging Machine and Automatic palletizer, among others.

Taiwan Benefit Co Headlines

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