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Center Laboratories (ROCO:4123) Cyclically Adjusted PB Ratio : 1.55 (As of May. 29, 2025)


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What is Center Laboratories Cyclically Adjusted PB Ratio?

As of today (2025-05-29), Center Laboratories's current share price is NT$39.50. Center Laboratories's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$25.53. Center Laboratories's Cyclically Adjusted PB Ratio for today is 1.55.

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

ROCO:4123' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.34   Med: 2.68   Max: 5.61
Current: 1.55

During the past years, Center Laboratories's highest Cyclically Adjusted PB Ratio was 5.61. The lowest was 1.34. And the median was 2.68.

ROCO:4123's Cyclically Adjusted PB Ratio is ranked better than
57.31% of 677 companies
in the Drug Manufacturers industry
Industry Median: 1.85 vs ROCO:4123: 1.55

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.

Center Laboratories's adjusted book value per share data for the three months ended in Mar. 2025 was NT$25.857. 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$25.53 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Center Laboratories Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Center Laboratories'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.

Center Laboratories Cyclically Adjusted PB Ratio Chart

Center Laboratories 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 3.66 2.81 2.11 1.94 1.76

Center Laboratories 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 1.83 2.25 1.95 1.76 1.43

Competitive Comparison of Center Laboratories's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Center Laboratories'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.


Center Laboratories's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Center Laboratories's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Center Laboratories 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.

Center Laboratories's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=39.50/25.53
=1.55

* 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.

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

For example, Center Laboratories'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)
=25.857/134.9266*134.9266
=25.857

Current CPI (Mar. 2025) = 134.9266.

Center Laboratories Quarterly Data

Book Value per Share CPI Adj_Book
201506 9.900 100.684 13.267
201509 10.590 100.392 14.233
201512 12.361 99.792 16.713
201603 12.369 100.470 16.611
201606 12.558 101.688 16.663
201609 13.226 101.861 17.519
201612 12.344 101.863 16.351
201703 11.983 102.862 15.718
201706 12.071 103.349 15.759
201709 11.961 104.136 15.498
201712 12.345 104.011 16.014
201803 13.525 105.290 17.332
201806 11.941 106.317 15.154
201809 14.913 106.507 18.892
201812 22.537 105.998 28.688
201903 21.931 107.251 27.590
201906 21.056 108.070 26.289
201909 20.626 108.329 25.690
201912 22.081 108.420 27.479
202003 22.567 108.902 27.960
202006 23.640 108.767 29.326
202009 26.006 109.815 31.953
202012 28.283 109.897 34.725
202103 31.539 111.754 38.079
202106 33.311 114.631 39.209
202109 30.843 115.734 35.958
202112 29.705 117.630 34.073
202203 32.298 121.301 35.926
202206 30.078 125.017 32.462
202209 29.308 125.227 31.578
202212 29.385 125.222 31.662
202303 30.851 127.348 32.687
202306 29.479 128.729 30.898
202309 28.194 129.860 29.294
202312 28.797 129.419 30.022
202403 28.067 131.776 28.738
202406 26.296 132.554 26.767
202409 26.768 133.029 27.150
202412 25.061 133.157 25.394
202503 25.857 134.927 25.857

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.


Center Laboratories  (ROCO:4123) 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.


Center Laboratories Cyclically Adjusted PB Ratio Related Terms

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


Center Laboratories Business Description

Traded in Other Exchanges
N/A
Address
No. 3-2, Park Street, 7th floor, Nangang District, Taipei, TWN
Center Laboratories Inc is active in the healthcare sector. The company is engaged in the manufacture and sale of various Western medicines. The segments include: Pharmaceutical Division which includes manufacturing and sales of various Western Medicines; Biotechnology Venture Capital consists Investing in domestic and foreign biotechnology undertakings; Glac segment - Manufacture and sale of probiotic products and others. It geographically operates in Taiwan, China and Others.

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