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Toung Loong Textile Mfg Co (ROCO:4401) Cyclically Adjusted PB Ratio : 0.68 (As of Jun. 03, 2025)


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What is Toung Loong Textile Mfg Co Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Toung Loong Textile Mfg Co's current share price is NT$17.00. Toung Loong Textile Mfg Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$25.16. Toung Loong Textile Mfg Co's Cyclically Adjusted PB Ratio for today is 0.68.

The historical rank and industry rank for Toung Loong Textile Mfg Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

ROCO:4401' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 1.19   Max: 2.59
Current: 0.69

During the past years, Toung Loong Textile Mfg Co's highest Cyclically Adjusted PB Ratio was 2.59. The lowest was 0.64. And the median was 1.19.

ROCO:4401's Cyclically Adjusted PB Ratio is ranked better than
65.71% of 729 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.09 vs ROCO:4401: 0.69

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.

Toung Loong Textile Mfg Co's adjusted book value per share data for the three months ended in Mar. 2025 was NT$22.166. 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$25.16 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toung Loong Textile Mfg Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Toung Loong Textile Mfg 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.

Toung Loong Textile Mfg Co Cyclically Adjusted PB Ratio Chart

Toung Loong Textile Mfg Co 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 1.37 1.57 1.09 1.00 0.81

Toung Loong Textile Mfg Co 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 1.03 1.00 1.02 0.81 0.79

Competitive Comparison of Toung Loong Textile Mfg Co's Cyclically Adjusted PB Ratio

For the Textile Manufacturing subindustry, Toung Loong Textile Mfg 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.


Toung Loong Textile Mfg Co's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Toung Loong Textile Mfg Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Toung Loong Textile Mfg Co's Cyclically Adjusted PB Ratio falls into.


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Toung Loong Textile Mfg 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.

Toung Loong Textile Mfg Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.00/25.16
=0.68

* 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.

Toung Loong Textile Mfg Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Toung Loong Textile Mfg Co'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)
=22.166/134.9266*134.9266
=22.166

Current CPI (Mar. 2025) = 134.9266.

Toung Loong Textile Mfg Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 18.280 100.684 24.497
201509 19.460 100.392 26.154
201512 20.451 99.792 27.651
201603 21.425 100.470 28.773
201606 19.032 101.688 25.253
201609 20.136 101.861 26.672
201612 21.069 101.863 27.908
201703 22.103 102.862 28.993
201706 19.794 103.349 25.842
201709 20.868 104.136 27.038
201712 21.614 104.011 28.038
201803 22.223 105.290 28.478
201806 20.063 106.317 25.462
201809 20.505 106.507 25.976
201812 21.198 105.998 26.983
201903 21.673 107.251 27.266
201906 20.235 108.070 25.264
201909 20.750 108.329 25.845
201912 20.899 108.420 26.008
202003 21.107 108.902 26.151
202006 19.818 108.767 24.584
202009 19.879 109.815 24.425
202012 20.338 109.897 24.970
202103 20.820 111.754 25.137
202106 21.569 114.631 25.388
202109 21.270 115.734 24.797
202112 21.950 117.630 25.178
202203 22.540 121.301 25.072
202206 21.987 125.017 23.730
202209 22.501 125.227 24.244
202212 22.285 125.222 24.012
202303 22.148 127.348 23.466
202306 21.469 128.729 22.503
202309 21.621 129.860 22.465
202312 21.310 129.419 22.217
202403 21.520 131.776 22.034
202406 21.319 132.554 21.701
202409 21.557 133.029 21.865
202412 21.993 133.157 22.285
202503 22.166 134.927 22.166

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.


Toung Loong Textile Mfg Co  (ROCO:4401) 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.


Toung Loong Textile Mfg Co Cyclically Adjusted PB Ratio Related Terms

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


Toung Loong Textile Mfg Co Business Description

Traded in Other Exchanges
N/A
Address
No. 31, Sec 2, San Ming Road, 19th Floor, Panchiao District, New Taipei, TWN, 220
Toung Loong Textile Mfg Co Ltd manufactures textiles and fabrics. Its products are classified into various categories like Textured Yarns, Colorfit, XDY, VNS, SCT, and SPF. Geographically it is available in Taiwan, Vietnam, Mainland China, and others. The majority of the revenue comes from Taiwan.

Toung Loong Textile Mfg Co Headlines

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