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Skardin Industrial (ROCO:3466) Cyclically Adjusted PB Ratio : 2.37 (As of Sep. 22, 2024)


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What is Skardin Industrial Cyclically Adjusted PB Ratio?

As of today (2024-09-22), Skardin Industrial's current share price is NT$60.00. Skardin Industrial's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was NT$25.33. Skardin Industrial's Cyclically Adjusted PB Ratio for today is 2.37.

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

ROCO:3466' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.77   Max: 3.9
Current: 2.37

During the past years, Skardin Industrial's highest Cyclically Adjusted PB Ratio was 3.90. The lowest was 0.42. And the median was 0.77.

ROCO:3466's Cyclically Adjusted PB Ratio is ranked worse than
66.17% of 1664 companies
in the Hardware industry
Industry Median: 1.74 vs ROCO:3466: 2.37

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.

Skardin Industrial's adjusted book value per share data for the three months ended in Jun. 2024 was NT$12.840. 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$25.33 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Skardin Industrial Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Skardin Industrial'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.

Skardin Industrial Cyclically Adjusted PB Ratio Chart

Skardin Industrial 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 0.79 0.51 0.73 1.21 0.97

Skardin Industrial 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 1.09 0.89 0.97 1.07 3.20

Competitive Comparison of Skardin Industrial's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Skardin Industrial'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.


Skardin Industrial's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Skardin Industrial 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.

Skardin Industrial's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=60.00/25.33
=2.37

* 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.

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

For example, Skardin Industrial'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)
=12.84/132.5538*132.5538
=12.840

Current CPI (Jun. 2024) = 132.5538.

Skardin Industrial Quarterly Data

Book Value per Share CPI Adj_Book
201409 27.573 100.428 36.393
201412 27.860 99.070 37.276
201503 27.517 99.621 36.614
201506 25.924 100.684 34.130
201509 28.006 100.392 36.978
201512 27.386 99.792 36.377
201603 26.030 100.470 34.342
201606 25.955 101.688 33.833
201609 24.600 101.861 32.012
201612 25.030 101.863 32.572
201703 24.117 102.862 31.078
201706 23.759 103.349 30.473
201709 22.359 104.136 28.461
201712 21.015 104.011 26.782
201803 19.791 105.290 24.916
201806 20.259 106.317 25.259
201809 20.401 106.507 25.390
201812 20.674 105.998 25.854
201903 21.363 107.251 26.403
201906 21.936 108.070 26.906
201909 21.889 108.329 26.784
201912 21.425 108.420 26.194
202003 21.067 108.902 25.643
202006 19.689 108.767 23.995
202009 18.610 109.815 22.463
202012 18.060 109.897 21.783
202103 18.139 111.754 21.515
202106 17.628 114.631 20.384
202109 17.144 115.734 19.636
202112 16.772 117.630 18.900
202203 16.639 121.301 18.183
202206 16.264 125.017 17.245
202209 16.995 125.227 17.989
202212 17.024 125.222 18.021
202303 16.699 127.348 17.382
202306 16.820 128.729 17.320
202309 16.368 129.860 16.708
202312 13.927 129.419 14.264
202403 13.747 131.776 13.828
202406 12.840 132.554 12.840

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.


Skardin Industrial  (ROCO:3466) 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.


Skardin Industrial Cyclically Adjusted PB Ratio Related Terms

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


Skardin Industrial Business Description

Traded in Other Exchanges
N/A
Address
No. 123-1, Hsing De Road, 8th Floor, Sanchung District, Taipei, TWN
Skardin Industrial Corp manufactures and distributes set-top boxes. Its products include analogue satellite receiver, digital satellite receiver, digital terrestrial receivers, and digital cable receivers, among others.

Skardin Industrial Headlines

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