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T-win Systems (ROCO:3693) Cyclically Adjusted PB Ratio : 6.86 (As of Jun. 19, 2024)


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What is T-win Systems Cyclically Adjusted PB Ratio?

As of today (2024-06-19), T-win Systems's current share price is NT$378.00. T-win Systems's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$55.12. T-win Systems's Cyclically Adjusted PB Ratio for today is 6.86.

The historical rank and industry rank for T-win Systems's Cyclically Adjusted PB Ratio or its related term are showing as below:

ROCO:3693' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.9   Med: 1.34   Max: 11.74
Current: 6.97

During the past years, T-win Systems's highest Cyclically Adjusted PB Ratio was 11.74. The lowest was 0.90. And the median was 1.34.

ROCO:3693's Cyclically Adjusted PB Ratio is ranked worse than
92.22% of 1902 companies
in the Hardware industry
Industry Median: 1.67 vs ROCO:3693: 6.97

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.

T-win Systems's adjusted book value per share data for the three months ended in Mar. 2024 was NT$79.383. 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$55.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


T-win Systems Cyclically Adjusted PB Ratio Historical Data

The historical data trend for T-win Systems'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.

T-win Systems Cyclically Adjusted PB Ratio Chart

T-win Systems 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 - 1.23 1.32 2.31 8.24

T-win Systems 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 2.53 6.28 10.25 8.24 6.79

Competitive Comparison of T-win Systems's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, T-win Systems'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.


T-win Systems's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, T-win Systems's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where T-win Systems's Cyclically Adjusted PB Ratio falls into.



T-win Systems 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.

T-win Systems's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=378.00/55.12
=6.86

* 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.

T-win Systems's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, T-win Systems'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)
=79.383/131.7762*131.7762
=79.383

Current CPI (Mar. 2024) = 131.7762.

T-win Systems Quarterly Data

Book Value per Share CPI Adj_Book
201406 38.949 100.560 51.040
201409 41.575 100.428 54.553
201412 44.249 99.070 58.857
201503 46.941 99.621 62.092
201506 42.539 100.684 55.676
201509 47.196 100.392 61.951
201512 48.427 99.792 63.948
201603 48.723 100.470 63.905
201606 43.786 101.688 56.742
201609 44.800 101.861 57.957
201612 46.793 101.863 60.534
201703 45.491 102.862 58.278
201706 41.230 103.349 52.571
201709 40.488 104.136 51.235
201712 39.702 104.011 50.300
201803 39.215 105.290 49.080
201806 40.055 106.317 49.647
201809 40.096 106.507 49.609
201812 39.552 105.998 49.171
201903 39.871 107.251 48.989
201906 39.612 108.070 48.301
201909 39.755 108.329 48.360
201912 39.936 108.420 48.539
202003 41.537 108.902 50.262
202006 41.610 108.767 50.412
202009 42.008 109.815 50.409
202012 41.843 109.897 50.174
202103 42.415 111.754 50.014
202106 42.974 114.631 49.401
202109 42.673 115.734 48.588
202112 44.013 117.630 49.306
202203 44.669 121.301 48.526
202206 46.190 125.017 48.687
202209 50.369 125.227 53.003
202212 55.194 125.222 58.083
202303 58.882 127.348 60.930
202306 58.570 128.729 59.957
202309 70.722 129.860 71.766
202312 73.209 129.419 74.542
202403 79.383 131.776 79.383

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.


T-win Systems  (ROCO:3693) 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.


T-win Systems Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of T-win Systems's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


T-win Systems (ROCO:3693) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 9 Alley 19, Lane 20, Ta Hsing Road, Luchu Shiang, Taoyuan Hsien, TWN
T-win Systems Inc provides OEM/ODM server and storage solutions including in-house design, validation, manufacturing and production, import and export of its expansive selection of products are flexible and can be configured to any form factor or custom configuration.

T-win Systems (ROCO:3693) Headlines

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