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Arbor Technology (ROCO:3594) Cyclically Adjusted PB Ratio : 1.89 (As of Jun. 25, 2024)


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What is Arbor Technology Cyclically Adjusted PB Ratio?

As of today (2024-06-25), Arbor Technology's current share price is NT$44.30. Arbor Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$23.47. Arbor Technology's Cyclically Adjusted PB Ratio for today is 1.89.

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

ROCO:3594' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.07   Med: 1.37   Max: 2.76
Current: 1.89

During the past years, Arbor Technology's highest Cyclically Adjusted PB Ratio was 2.76. The lowest was 1.07. And the median was 1.37.

ROCO:3594's Cyclically Adjusted PB Ratio is ranked worse than
54.73% of 1904 companies
in the Hardware industry
Industry Median: 1.68 vs ROCO:3594: 1.89

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.

Arbor Technology's adjusted book value per share data for the three months ended in Mar. 2024 was NT$22.433. 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$23.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arbor Technology Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Arbor Technology'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.

Arbor Technology Cyclically Adjusted PB Ratio Chart

Arbor Technology 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 - 1.45 1.12 1.25 2.08

Arbor Technology 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 2.18 2.45 2.10 2.08 1.85

Competitive Comparison of Arbor Technology's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Arbor Technology'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.


Arbor Technology's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Arbor Technology 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.

Arbor Technology's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=44.30/23.47
=1.89

* 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.

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

For example, Arbor Technology'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)
=22.433/131.7762*131.7762
=22.433

Current CPI (Mar. 2024) = 131.7762.

Arbor Technology Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.680 100.560 17.927
201409 14.091 100.428 18.489
201412 16.515 99.070 21.967
201503 16.254 99.621 21.500
201506 17.383 100.684 22.751
201509 17.663 100.392 23.185
201512 18.108 99.792 23.912
201603 17.991 100.470 23.597
201606 17.795 101.688 23.060
201609 16.742 101.861 21.659
201612 17.556 101.863 22.712
201703 15.785 102.862 20.222
201706 16.692 103.349 21.283
201709 21.168 104.136 26.787
201712 20.164 104.011 25.547
201803 19.536 105.290 24.450
201806 19.797 106.317 24.538
201809 19.968 106.507 24.706
201812 20.201 105.998 25.114
201903 20.574 107.251 25.279
201906 20.775 108.070 25.332
201909 20.698 108.329 25.178
201912 20.497 108.420 24.913
202003 20.361 108.902 24.638
202006 20.531 108.767 24.874
202009 21.607 109.815 25.928
202012 21.397 109.897 25.657
202103 21.426 111.754 25.265
202106 21.377 114.631 24.574
202109 20.853 115.734 23.743
202112 20.663 117.630 23.148
202203 21.038 121.301 22.855
202206 21.113 125.017 22.255
202209 22.288 125.227 23.454
202212 22.066 125.222 23.221
202303 22.625 127.348 23.412
202306 22.321 128.729 22.849
202309 22.849 129.860 23.186
202312 22.636 129.419 23.048
202403 22.433 131.776 22.433

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.


Arbor Technology  (ROCO:3594) 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.


Arbor Technology Cyclically Adjusted PB Ratio Related Terms

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


Arbor Technology (ROCO:3594) Business Description

Traded in Other Exchanges
N/A
Address
No.700, Zhongzheng Road, 1Oth Floor, Zhonghe District, Taipei, TWN, 235
Arbor Technology Corp is a Taiwan-based company that engages in the manufacture and sale of computing platforms and mobility solutions. The company offers system integration, customer-centric design services, embedded systems, automation products, and logistics support. The Company is engaged in the R&D, assembly, combination, processing, manufacturing, and trading of industrial motherboards, computer products, peripheral devices, and electronic parts. The company operates in geographical areas of Taiwan, Mainland China, America, Europe, Korea, and Others.

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