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Concrad International Securities Co (ROCO:5864) Cyclically Adjusted PB Ratio : 0.87 (As of Jun. 03, 2025)


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What is Concrad International Securities Co Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Concrad International Securities Co's current share price is NT$12.90. Concrad International Securities Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$14.82. Concrad International Securities Co's Cyclically Adjusted PB Ratio for today is 0.87.

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

ROCO:5864' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.15   Max: 1.91
Current: 0.89

During the past years, Concrad International Securities Co's highest Cyclically Adjusted PB Ratio was 1.91. The lowest was 0.81. And the median was 1.15.

ROCO:5864's Cyclically Adjusted PB Ratio is ranked better than
63.17% of 505 companies
in the Capital Markets industry
Industry Median: 1.26 vs ROCO:5864: 0.89

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.

Concrad International Securities Co's adjusted book value per share data for the three months ended in Mar. 2025 was NT$16.015. 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$14.82 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Concrad International Securities Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Concrad International Securities 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.

Concrad International Securities Co Cyclically Adjusted PB Ratio Chart

Concrad International Securities 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 - - - 1.10 1.00

Concrad International Securities 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 1.16 1.34 1.28 1.00 0.96

Competitive Comparison of Concrad International Securities Co's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Concrad International Securities 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.


Concrad International Securities Co's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Concrad International Securities Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Concrad International Securities Co's Cyclically Adjusted PB Ratio falls into.


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Concrad International Securities 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.

Concrad International Securities Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.90/14.82
=0.87

* 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.

Concrad International Securities Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Concrad International Securities 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)
=16.015/134.9266*134.9266
=16.015

Current CPI (Mar. 2025) = 134.9266.

Concrad International Securities Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.360 100.560 12.559
201412 9.339 99.070 12.719
201506 9.169 100.684 12.287
201512 9.330 99.792 12.615
201606 9.434 101.688 12.518
201609 0.000 101.861 0.000
201612 10.134 101.863 13.423
201703 0.000 102.862 0.000
201706 10.057 103.349 13.130
201709 10.167 104.136 13.173
201712 10.186 104.011 13.214
201803 11.405 105.290 14.615
201806 11.192 106.317 14.204
201809 11.296 106.507 14.310
201812 11.140 105.998 14.180
201903 11.374 107.251 14.309
201906 11.050 108.070 13.796
201909 11.112 108.329 13.840
201912 11.019 108.420 13.713
202003 10.130 108.902 12.551
202006 11.079 108.767 13.744
202009 11.359 109.815 13.956
202012 12.381 109.897 15.201
202103 12.775 111.754 15.424
202106 15.290 114.631 17.997
202109 14.447 115.734 16.843
202112 14.722 117.630 16.887
202203 14.889 121.301 16.561
202206 12.767 125.017 13.779
202209 12.951 125.227 13.954
202212 13.373 125.222 14.409
202303 15.020 127.348 15.914
202306 17.464 128.729 18.305
202309 15.238 129.860 15.833
202312 15.905 129.419 16.582
202403 16.719 131.776 17.119
202406 17.785 132.554 18.103
202409 17.717 133.029 17.970
202412 17.196 133.157 17.425
202503 16.015 134.927 16.015

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.


Concrad International Securities Co  (ROCO:5864) 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.


Concrad International Securities Co Cyclically Adjusted PB Ratio Related Terms

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


Concrad International Securities Co Business Description

Traded in Other Exchanges
N/A
Address
No.10, Section 3, Simen Road, North District, Tainan, TWN, 704004
Concrad International Securities Co Ltd is a comprehensive securities firm. It is involved in the following business activities: underwriting of marketable securities; trading of marketable securities on the account of its customers or its own on a centralized securities exchange market; trading of marketable securities at the company's branches; providing margin loan, short sale and refinancing services; futures trading on a proprietary basis; dealing in foreign marketable securities; securities business money lending; and providing other relevant services. The company's operating departments are Brokerage, Self-employed, which derives maximum revenue, Underwriting, and Other.

Concrad International Securities Co Headlines

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