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Nyquest Technology Co (ROCO:6494) Cyclically Adjusted PB Ratio : 1.91 (As of Dec. 12, 2024)


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What is Nyquest Technology Co Cyclically Adjusted PB Ratio?

As of today (2024-12-12), Nyquest Technology Co's current share price is NT$53.80. Nyquest Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was NT$28.11. Nyquest Technology Co's Cyclically Adjusted PB Ratio for today is 1.91.

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

ROCO:6494' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.85   Med: 2.44   Max: 3.48
Current: 1.89

During the past years, Nyquest Technology Co's highest Cyclically Adjusted PB Ratio was 3.48. The lowest was 1.85. And the median was 2.44.

ROCO:6494's Cyclically Adjusted PB Ratio is ranked better than
60.71% of 565 companies
in the Semiconductors industry
Industry Median: 2.56 vs ROCO:6494: 1.89

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.

Nyquest Technology Co's adjusted book value per share data for the three months ended in Sep. 2024 was NT$34.609. 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$28.11 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nyquest Technology Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nyquest Technology 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.

Nyquest Technology Co Cyclically Adjusted PB Ratio Chart

Nyquest Technology 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 - - - - 3.06

Nyquest Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.39 3.06 2.59 2.54 2.28

Competitive Comparison of Nyquest Technology Co's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Nyquest Technology 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.


Nyquest Technology Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Nyquest Technology 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.

Nyquest Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=53.80/28.11
=1.91

* 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.

Nyquest Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Nyquest Technology Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=34.609/133.0289*133.0289
=34.609

Current CPI (Sep. 2024) = 133.0289.

Nyquest Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 14.159 99.070 19.012
201503 0.000 99.621 0.000
201506 12.788 100.684 16.896
201509 13.790 100.392 18.273
201512 14.283 99.792 19.040
201603 14.779 100.470 19.568
201606 15.302 101.688 20.018
201609 15.924 101.861 20.796
201612 16.886 101.863 22.052
201703 17.519 102.862 22.657
201706 16.162 103.349 20.803
201709 16.920 104.136 21.615
201712 17.783 104.011 22.744
201803 17.559 105.290 22.185
201806 16.165 106.317 20.226
201809 19.865 106.507 24.812
201812 20.589 105.998 25.839
201903 20.256 107.251 25.125
201906 19.398 108.070 23.878
201909 20.509 108.329 25.185
201912 21.022 108.420 25.793
202003 21.169 108.902 25.859
202006 20.180 108.767 24.681
202009 21.238 109.815 25.728
202012 23.038 109.897 27.887
202103 25.024 111.754 29.788
202106 29.567 114.631 34.312
202109 31.395 115.734 36.086
202112 36.953 117.630 41.791
202203 42.108 121.301 46.179
202206 37.326 125.017 39.718
202209 39.102 125.227 41.538
202212 38.449 125.222 40.846
202303 37.598 127.348 39.275
202306 32.252 128.729 33.329
202309 33.464 129.860 34.281
202312 33.748 129.419 34.689
202403 34.410 131.776 34.737
202406 34.378 132.554 34.501
202409 34.609 133.029 34.609

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.


Nyquest Technology Co  (ROCO:6494) 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.


Nyquest Technology Co Cyclically Adjusted PB Ratio Related Terms

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


Nyquest Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Shuili Road, 7F-1, Number 81, Hsinchu City, TWN, 30059
Nyquest Technology Co Ltd is engaged in the integrated circuit design, research for software solutions. The products of the company consist of LED Control & Drive IC, Speech IC, Multi-Channel Speech/Melody IC, Home Appliances and Accessory ASIC.

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