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Electric Power Technology (ROCO:4529) Cyclically Adjusted PB Ratio : 0.63 (As of Jun. 16, 2024)


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What is Electric Power Technology Cyclically Adjusted PB Ratio?

As of today (2024-06-16), Electric Power Technology's current share price is NT$11.30. Electric Power Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$17.95. Electric Power Technology's Cyclically Adjusted PB Ratio for today is 0.63.

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

ROCO:4529' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.57   Max: 1.16
Current: 0.63

During the past years, Electric Power Technology's highest Cyclically Adjusted PB Ratio was 1.16. The lowest was 0.37. And the median was 0.57.

ROCO:4529's Cyclically Adjusted PB Ratio is ranked better than
80.83% of 1904 companies
in the Hardware industry
Industry Median: 1.655 vs ROCO:4529: 0.63

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.

Electric Power Technology's adjusted book value per share data for the three months ended in Mar. 2024 was NT$4.393. 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$17.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Electric Power Technology Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Electric Power 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.

Electric Power Technology Cyclically Adjusted PB Ratio Chart

Electric Power 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 0.95 0.66 0.72 0.49 0.52

Electric Power 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 0.54 0.53 0.54 0.52 0.76

Competitive Comparison of Electric Power Technology's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Electric Power 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.


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

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

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



Electric Power 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.30/17.95
=0.63

* 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.

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

For example, Electric Power 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)
=4.393/131.7762*131.7762
=4.393

Current CPI (Mar. 2024) = 131.7762.

Electric Power Technology Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.967 100.560 16.992
201409 11.180 100.428 14.670
201412 10.552 99.070 14.036
201503 10.311 99.621 13.639
201506 9.963 100.684 13.040
201509 29.033 100.392 38.109
201512 28.926 99.792 38.197
201603 27.780 100.470 36.436
201606 27.349 101.688 35.441
201609 27.425 101.861 35.479
201612 26.294 101.863 34.016
201703 24.197 102.862 30.999
201706 22.993 103.349 29.317
201709 21.941 104.136 27.765
201712 19.548 104.011 24.766
201803 18.639 105.290 23.328
201806 18.096 106.317 22.429
201809 17.543 106.507 21.705
201812 17.144 105.998 21.313
201903 16.962 107.251 20.841
201906 16.223 108.070 19.782
201909 13.673 108.329 16.632
201912 9.907 108.420 12.041
202003 9.306 108.902 11.261
202006 9.570 108.767 11.594
202009 8.865 109.815 10.638
202012 7.132 109.897 8.552
202103 6.743 111.754 7.951
202106 6.756 114.631 7.766
202109 14.300 115.734 16.282
202112 13.837 117.630 15.501
202203 11.618 121.301 12.621
202206 9.941 125.017 10.478
202209 8.943 125.227 9.411
202212 6.229 125.222 6.555
202303 6.598 127.348 6.827
202306 6.170 128.729 6.316
202309 5.876 129.860 5.963
202312 4.895 129.419 4.984
202403 4.393 131.776 4.393

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.


Electric Power Technology  (ROCO:4529) 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.


Electric Power Technology Cyclically Adjusted PB Ratio Related Terms

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


Electric Power Technology (ROCO:4529) Business Description

Traded in Other Exchanges
N/A
Address
Keelung Road, Xinyi District, 11th Floor, No. 149, Section 2, Taipei, TWN
Electric Power Technology Ltd invests in electric vehicles, medical equipment, biotechnology and environmental green energy industries. The company specially engaged in the production of electric motors and sell of portable electric machine tools and their key components to domestic and foreign markets.

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