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Advanced Echem Materials Co (ROCO:4749) Cyclically Adjusted PB Ratio : 27.58 (As of Jun. 03, 2025)


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What is Advanced Echem Materials Co Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Advanced Echem Materials Co's current share price is NT$631.00. Advanced Echem Materials Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was NT$22.88. Advanced Echem Materials Co's Cyclically Adjusted PB Ratio for today is 27.58.

The historical rank and industry rank for Advanced Echem Materials Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

ROCO:4749' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 22.73   Med: 27.82   Max: 32.08
Current: 27.84

During the past 10 years, Advanced Echem Materials Co's highest Cyclically Adjusted PB Ratio was 32.08. The lowest was 22.73. And the median was 27.82.

ROCO:4749's Cyclically Adjusted PB Ratio is ranked worse than
99.17% of 1924 companies
in the Hardware industry
Industry Median: 1.66 vs ROCO:4749: 27.84

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.

Advanced Echem Materials Co's adjusted book value per share data of for the fiscal year that ended in Dec24 was NT$35.551. 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$22.88 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Advanced Echem Materials Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Advanced Echem Materials 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.

Advanced Echem Materials Co Cyclically Adjusted PB Ratio Chart

Advanced Echem Materials Co Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 29.58

Advanced Echem Materials Co Quarterly Data
Dec12 Jun13 Dec13 Jun14 Dec20 Jun21 Sep21 Dec21 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 - - - 29.58 -

Competitive Comparison of Advanced Echem Materials Co's Cyclically Adjusted PB Ratio

For the Consumer Electronics subindustry, Advanced Echem Materials 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.


Advanced Echem Materials Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Advanced Echem Materials Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Advanced Echem Materials Co's Cyclically Adjusted PB Ratio falls into.


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Advanced Echem Materials 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.

Advanced Echem Materials Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=631.00/22.88
=27.58

* 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.

Advanced Echem Materials Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Advanced Echem Materials Co's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=35.551/133.1571*133.1571
=35.551

Current CPI (Dec24) = 133.1571.

Advanced Echem Materials Co Annual Data

Book Value per Share CPI Adj_Book
200912 0.000 91.111 0.000
201012 6.939 92.474 9.992
201112 10.045 95.213 14.048
201212 10.882 96.871 14.958
201312 13.585 98.326 18.397
202012 19.097 109.897 23.139
202112 24.762 117.630 28.031
202212 29.364 125.222 31.225
202312 29.759 129.419 30.618
202412 35.551 133.157 35.551

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.


Advanced Echem Materials Co  (ROCO:4749) 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.


Advanced Echem Materials Co Cyclically Adjusted PB Ratio Related Terms

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


Advanced Echem Materials Co Business Description

Traded in Other Exchanges
N/A
Address
No.455, Sinhe Road, Longtan District, Taoyuan, TWN, 325
Advanced Echem Materials Co Ltd is engaged in developing and manufacturing special chemical materials for semiconductor and display applications.

Advanced Echem Materials Co Headlines

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