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Single Well Industrial Co (ROCO:3490) Cyclically Adjusted PB Ratio : 1.27 (As of Jun. 21, 2024)


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What is Single Well Industrial Co Cyclically Adjusted PB Ratio?

As of today (2024-06-21), Single Well Industrial Co's current share price is NT$36.05. Single Well Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$28.37. Single Well Industrial Co's Cyclically Adjusted PB Ratio for today is 1.27.

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

ROCO:3490' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.95   Max: 1.39
Current: 1.22

During the past years, Single Well Industrial Co's highest Cyclically Adjusted PB Ratio was 1.39. The lowest was 0.56. And the median was 0.95.

ROCO:3490's Cyclically Adjusted PB Ratio is ranked better than
76.31% of 688 companies
in the Semiconductors industry
Industry Median: 2.59 vs ROCO:3490: 1.22

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.

Single Well Industrial Co's adjusted book value per share data for the three months ended in Mar. 2024 was NT$23.986. 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$28.37 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Single Well Industrial Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Single Well Industrial 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.

Single Well Industrial Co Cyclically Adjusted PB Ratio Chart

Single Well Industrial 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 0.91 1.38 1.37 0.89 0.83

Single Well Industrial 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 0.99 0.92 0.84 0.83 0.99

Competitive Comparison of Single Well Industrial Co's Cyclically Adjusted PB Ratio

For the Semiconductor Equipment & Materials subindustry, Single Well Industrial 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.


Single Well Industrial Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Single Well Industrial 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.

Single Well Industrial Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=36.05/28.37
=1.27

* 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.

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

For example, Single Well Industrial 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)
=23.986/131.7762*131.7762
=23.986

Current CPI (Mar. 2024) = 131.7762.

Single Well Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 21.992 100.560 28.819
201409 26.457 100.428 34.716
201412 27.117 99.070 36.069
201503 28.896 99.621 38.223
201506 26.384 100.684 34.532
201509 27.267 100.392 35.791
201512 27.432 99.792 36.224
201603 28.345 100.470 37.177
201606 23.598 101.688 30.580
201609 25.361 101.861 32.809
201612 24.780 101.863 32.057
201703 24.345 102.862 31.188
201706 24.193 103.349 30.848
201709 24.421 104.136 30.903
201712 23.996 104.011 30.402
201803 23.940 105.290 29.962
201806 23.583 106.317 29.230
201809 23.009 106.507 28.468
201812 22.768 105.998 28.305
201903 23.151 107.251 28.445
201906 22.424 108.070 27.343
201909 20.847 108.329 25.359
201912 20.598 108.420 25.035
202003 20.406 108.902 24.692
202006 20.229 108.767 24.508
202009 20.581 109.815 24.697
202012 21.118 109.897 25.322
202103 21.294 111.754 25.109
202106 21.060 114.631 24.210
202109 21.854 115.734 24.883
202112 22.601 117.630 25.319
202203 22.303 121.301 24.229
202206 22.471 125.017 23.686
202209 22.952 125.227 24.152
202212 23.587 125.222 24.822
202303 22.456 127.348 23.237
202306 22.375 128.729 22.905
202309 22.804 129.860 23.141
202312 23.173 129.419 23.595
202403 23.986 131.776 23.986

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.


Single Well Industrial Co  (ROCO:3490) 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.


Single Well Industrial Co Cyclically Adjusted PB Ratio Related Terms

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


Single Well Industrial Co (ROCO:3490) Business Description

Traded in Other Exchanges
N/A
Address
No. 77, Zhongshan Road, Tucheng District, New Taipei, TWN
Single Well Industrial Co Ltd is a manufacturer of LED and IC packaging molds and automation equipment in Taiwan. The company's products mainly include molds and automation equipment. The mold aspect includes molds for LED, semiconductor, diode, and other packaging, while the equipment aspect provides the equipment required for the post-packaging process.

Single Well Industrial Co (ROCO:3490) Headlines

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