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Syntek Semiconductor Co (ROCO:5302) Cyclically Adjusted PB Ratio : 1.14 (As of Jun. 20, 2024)


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What is Syntek Semiconductor Co Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Syntek Semiconductor Co's current share price is NT$13.25. Syntek Semiconductor Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$11.62. Syntek Semiconductor Co's Cyclically Adjusted PB Ratio for today is 1.14.

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

ROCO:5302' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.82   Max: 1.86
Current: 1.1

During the past years, Syntek Semiconductor Co's highest Cyclically Adjusted PB Ratio was 1.86. The lowest was 0.47. And the median was 0.82.

ROCO:5302's Cyclically Adjusted PB Ratio is ranked better than
79.22% of 688 companies
in the Semiconductors industry
Industry Median: 2.585 vs ROCO:5302: 1.10

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.

Syntek Semiconductor Co's adjusted book value per share data for the three months ended in Mar. 2024 was NT$8.153. 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$11.62 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Syntek Semiconductor Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Syntek Semiconductor 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.

Syntek Semiconductor Co Cyclically Adjusted PB Ratio Chart

Syntek Semiconductor 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 0.57 0.74 1.17 0.71 1.01

Syntek Semiconductor Co 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 0.78 0.94 0.85 1.01 0.96

Competitive Comparison of Syntek Semiconductor Co's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Syntek Semiconductor 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.


Syntek Semiconductor Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Syntek Semiconductor Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Syntek Semiconductor Co's Cyclically Adjusted PB Ratio falls into.



Syntek Semiconductor 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.

Syntek Semiconductor Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.25/11.62
=1.14

* 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.

Syntek Semiconductor Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Syntek Semiconductor Co'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)
=8.153/131.7762*131.7762
=8.153

Current CPI (Mar. 2024) = 131.7762.

Syntek Semiconductor Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.686 100.560 14.003
201409 10.622 100.428 13.938
201412 10.550 99.070 14.033
201503 10.626 99.621 14.056
201506 10.577 100.684 13.843
201509 10.545 100.392 13.842
201512 10.441 99.792 13.787
201603 10.224 100.470 13.410
201606 10.172 101.688 13.182
201609 10.157 101.861 13.140
201612 10.282 101.863 13.301
201703 10.545 102.862 13.509
201706 10.439 103.349 13.310
201709 10.324 104.136 13.064
201712 10.172 104.011 12.887
201803 10.078 105.290 12.613
201806 9.974 106.317 12.362
201809 9.965 106.507 12.329
201812 9.875 105.998 12.277
201903 9.798 107.251 12.039
201906 9.701 108.070 11.829
201909 9.595 108.329 11.672
201912 9.484 108.420 11.527
202003 9.400 108.902 11.374
202006 9.301 108.767 11.269
202009 9.234 109.815 11.081
202012 9.119 109.897 10.935
202103 9.061 111.754 10.684
202106 8.999 114.631 10.345
202109 8.931 115.734 10.169
202112 8.845 117.630 9.909
202203 8.771 121.301 9.528
202206 8.686 125.017 9.156
202209 8.608 125.227 9.058
202212 8.550 125.222 8.998
202303 8.471 127.348 8.766
202306 8.380 128.729 8.578
202309 8.307 129.860 8.430
202312 8.214 129.419 8.364
202403 8.153 131.776 8.153

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.


Syntek Semiconductor Co  (ROCO:5302) 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.


Syntek Semiconductor Co Cyclically Adjusted PB Ratio Related Terms

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Syntek Semiconductor Co (ROCO:5302) Business Description

Traded in Other Exchanges
N/A
Address
5th Floor., No. 5, Keji Road, East District, Hsinchu, TWN
Syntek Semiconductor Co Ltd is engaged in the business of image and video processing technologies. The company also develops products for photo-capturing and video-recording applications. The products of the company include car DVR, MiniDV, PC cam, microcontroller, and wireless.

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