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Top Union Electronics (ROCO:6266) Cyclically Adjusted PB Ratio : 2.33 (As of Jun. 03, 2025)


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What is Top Union Electronics Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Top Union Electronics's current share price is NT$34.35. Top Union Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$14.72. Top Union Electronics's Cyclically Adjusted PB Ratio for today is 2.33.

The historical rank and industry rank for Top Union Electronics's Cyclically Adjusted PB Ratio or its related term are showing as below:

ROCO:6266' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.14   Med: 1.64   Max: 3
Current: 2.35

During the past years, Top Union Electronics's highest Cyclically Adjusted PB Ratio was 3.00. The lowest was 1.14. And the median was 1.64.

ROCO:6266's Cyclically Adjusted PB Ratio is ranked worse than
57.3% of 712 companies
in the Semiconductors industry
Industry Median: 1.955 vs ROCO:6266: 2.35

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.

Top Union Electronics's adjusted book value per share data for the three months ended in Mar. 2025 was NT$16.236. 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$14.72 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Top Union Electronics Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Top Union Electronics'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.

Top Union Electronics Cyclically Adjusted PB Ratio Chart

Top Union Electronics 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 1.36 1.88 1.57 2.26 2.24

Top Union Electronics 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 2.29 2.28 2.23 2.24 2.30

Competitive Comparison of Top Union Electronics's Cyclically Adjusted PB Ratio

For the Semiconductor Equipment & Materials subindustry, Top Union Electronics'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.


Top Union Electronics's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Top Union Electronics's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Top Union Electronics's Cyclically Adjusted PB Ratio falls into.


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Top Union Electronics 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.

Top Union Electronics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=34.35/14.72
=2.33

* 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.

Top Union Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Top Union Electronics'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)
=16.236/134.9266*134.9266
=16.236

Current CPI (Mar. 2025) = 134.9266.

Top Union Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201506 10.185 100.684 13.649
201509 10.484 100.392 14.091
201512 10.823 99.792 14.633
201603 10.962 100.470 14.721
201606 10.438 101.688 13.850
201609 10.283 101.861 13.621
201612 10.518 101.863 13.932
201703 10.338 102.862 13.561
201706 10.209 103.349 13.328
201709 10.588 104.136 13.719
201712 10.908 104.011 14.150
201803 11.147 105.290 14.285
201806 10.809 106.317 13.718
201809 11.369 106.507 14.403
201812 11.916 105.998 15.168
201903 12.417 107.251 15.621
201906 12.089 108.070 15.093
201909 11.466 108.329 14.281
201912 11.968 108.420 14.894
202003 11.106 108.902 13.760
202006 11.334 108.767 14.060
202009 11.691 109.815 14.364
202012 12.006 109.897 14.740
202103 11.478 111.754 13.858
202106 11.699 114.631 13.770
202109 11.997 115.734 13.986
202112 12.396 117.630 14.219
202203 12.486 121.301 13.889
202206 13.088 125.017 14.125
202209 13.883 125.227 14.958
202212 14.869 125.222 16.021
202303 14.507 127.348 15.370
202306 15.025 128.729 15.748
202309 15.699 129.860 16.312
202312 15.881 129.419 16.557
202403 15.132 131.776 15.494
202406 15.920 132.554 16.205
202409 16.562 133.029 16.798
202412 17.274 133.157 17.504
202503 16.236 134.927 16.236

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.


Top Union Electronics  (ROCO:6266) 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.


Top Union Electronics Cyclically Adjusted PB Ratio Related Terms

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


Top Union Electronics Business Description

Traded in Other Exchanges
N/A
Address
No. 480, Niupu East Road, Xiangshan District, Hsinchu, TWN, 30091
Top Union Electronics Corp is principally engaged in the design, manufacture, and technical support of electronic products and communication equipment, as well as providing surface mount technology (SMT) services, processing, and international trade business. The company operates in America, Taiwan, and Other countries.

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