GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Chung Hwa Food Industrial Co Ltd (ROCO:4205) » Definitions » Cyclically Adjusted PB Ratio

Chung Hwa Food Industrial Co (ROCO:4205) Cyclically Adjusted PB Ratio : 4.42 (As of Sep. 21, 2024)


View and export this data going back to 1999. Start your Free Trial

What is Chung Hwa Food Industrial Co Cyclically Adjusted PB Ratio?

As of today (2024-09-21), Chung Hwa Food Industrial Co's current share price is NT$90.40. Chung Hwa Food Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was NT$20.43. Chung Hwa Food Industrial Co's Cyclically Adjusted PB Ratio for today is 4.42.

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

ROCO:4205' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.42   Med: 5.46   Max: 8.6
Current: 4.45

During the past years, Chung Hwa Food Industrial Co's highest Cyclically Adjusted PB Ratio was 8.60. The lowest was 4.42. And the median was 5.46.

ROCO:4205's Cyclically Adjusted PB Ratio is ranked worse than
86.91% of 1169 companies
in the Consumer Packaged Goods industry
Industry Median: 1.3 vs ROCO:4205: 4.45

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.

Chung Hwa Food Industrial Co's adjusted book value per share data for the three months ended in Jun. 2024 was NT$21.128. 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$20.43 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chung Hwa Food Industrial Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Chung Hwa Food 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.

Chung Hwa Food Industrial Co Cyclically Adjusted PB Ratio Chart

Chung Hwa Food 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 5.42 5.80 7.64 5.41 5.05

Chung Hwa Food Industrial Co 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 5.40 5.09 5.05 4.81 4.59

Competitive Comparison of Chung Hwa Food Industrial Co's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Chung Hwa Food 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.


Chung Hwa Food Industrial Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Chung Hwa Food Industrial Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Chung Hwa Food Industrial Co's Cyclically Adjusted PB Ratio falls into.



Chung Hwa Food 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.

Chung Hwa Food Industrial Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=90.40/20.43
=4.42

* 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.

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

For example, Chung Hwa Food Industrial Co'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)
=21.128/132.5538*132.5538
=21.128

Current CPI (Jun. 2024) = 132.5538.

Chung Hwa Food Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 12.679 100.428 16.735
201412 13.064 99.070 17.479
201503 13.455 99.621 17.903
201506 12.715 100.684 16.740
201509 13.366 100.392 17.648
201512 13.890 99.792 18.450
201603 14.452 100.470 19.067
201606 13.423 101.688 17.497
201609 14.134 101.861 18.393
201612 14.786 101.863 19.241
201703 15.426 102.862 19.879
201706 14.873 103.349 19.076
201709 15.623 104.136 19.886
201712 16.542 104.011 21.081
201803 17.236 105.290 21.699
201806 15.206 106.317 18.959
201809 15.949 106.507 19.849
201812 16.589 105.998 20.745
201903 17.187 107.251 21.242
201906 15.449 108.070 18.949
201909 16.402 108.329 20.070
201912 17.254 108.420 21.095
202003 18.148 108.902 22.090
202006 16.312 108.767 19.879
202009 17.439 109.815 21.050
202012 18.355 109.897 22.139
202103 19.160 111.754 22.726
202106 19.980 114.631 23.104
202109 19.143 115.734 21.925
202112 20.296 117.630 22.871
202203 21.219 121.301 23.187
202206 19.074 125.017 20.224
202209 20.139 125.227 21.317
202212 21.286 125.222 22.532
202303 22.213 127.348 23.121
202306 20.112 128.729 20.710
202309 21.123 129.860 21.561
202312 22.193 129.419 22.730
202403 23.115 131.776 23.251
202406 21.128 132.554 21.128

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.


Chung Hwa Food Industrial Co  (ROCO:4205) 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.


Chung Hwa Food Industrial Co Cyclically Adjusted PB Ratio Related Terms

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


Chung Hwa Food Industrial Co Business Description

Traded in Other Exchanges
N/A
Address
No.110-6, Longmu Road, Longmu Village, Dashu district, Kaohsiung City, TWN
Chung Hwa Food Industrial Co Ltd is a manufacturer of soy-based processed foods. Its products include China tofu, fried bean curd, tofu salad, egg tofu, strawberry jelly, peanut curd, fruit curd, almond curd, and China konjac, among others. The company provides product in domestic and foreign markets.

Chung Hwa Food Industrial Co Headlines

No Headlines