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Chunghwa Precision Test Tech Co (ROCO:6510) Cyclically Adjusted PB Ratio : 3.95 (As of Jun. 03, 2025)


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What is Chunghwa Precision Test Tech Co Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Chunghwa Precision Test Tech Co's current share price is NT$831.00. Chunghwa Precision Test Tech Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$210.30. Chunghwa Precision Test Tech Co's Cyclically Adjusted PB Ratio for today is 3.95.

The historical rank and industry rank for Chunghwa Precision Test Tech Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

ROCO:6510' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.17   Med: 2.91   Max: 4.52
Current: 4.23

During the past years, Chunghwa Precision Test Tech Co's highest Cyclically Adjusted PB Ratio was 4.52. The lowest was 2.17. And the median was 2.91.

ROCO:6510's Cyclically Adjusted PB Ratio is ranked worse than
75.42% of 712 companies
in the Semiconductors industry
Industry Median: 1.955 vs ROCO:6510: 4.23

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.

Chunghwa Precision Test Tech Co's adjusted book value per share data for the three months ended in Mar. 2025 was NT$251.975. 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$210.30 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chunghwa Precision Test Tech Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Chunghwa Precision Test Tech 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.

Chunghwa Precision Test Tech Co Cyclically Adjusted PB Ratio Chart

Chunghwa Precision Test Tech 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 - - - 3.07 4.27

Chunghwa Precision Test Tech 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 2.70 2.29 2.60 4.27 3.11

Competitive Comparison of Chunghwa Precision Test Tech Co's Cyclically Adjusted PB Ratio

For the Semiconductor Equipment & Materials subindustry, Chunghwa Precision Test Tech 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.


Chunghwa Precision Test Tech Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

* The bar in red indicates where Chunghwa Precision Test Tech Co's Cyclically Adjusted PB Ratio falls into.


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Chunghwa Precision Test Tech 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.

Chunghwa Precision Test Tech Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=831.00/210.30
=3.95

* 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.

Chunghwa Precision Test Tech Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Chunghwa Precision Test Tech 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)
=251.975/134.9266*134.9266
=251.975

Current CPI (Mar. 2025) = 134.9266.

Chunghwa Precision Test Tech Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 30.782 100.684 41.251
201509 35.874 100.392 48.215
201512 40.093 99.792 54.209
201603 78.232 100.470 105.062
201606 77.186 101.688 102.416
201609 83.722 101.861 110.899
201612 88.272 101.863 116.924
201703 94.246 102.862 123.625
201706 92.902 103.349 121.287
201709 172.334 104.136 223.290
201712 175.750 104.011 227.989
201803 180.838 105.290 231.741
201806 177.147 106.317 224.817
201809 182.560 106.507 231.274
201812 187.595 105.998 238.793
201903 190.462 107.251 239.611
201906 184.039 108.070 229.776
201909 191.559 108.329 238.591
201912 196.527 108.420 244.574
202003 201.975 108.902 250.243
202006 199.020 108.767 246.886
202009 207.804 109.815 255.323
202012 215.005 109.897 263.974
202103 220.100 111.754 265.738
202106 214.624 114.631 252.623
202109 221.532 115.734 258.269
202112 230.114 117.630 263.952
202203 233.812 121.301 260.076
202206 227.877 125.017 245.940
202209 235.178 125.227 253.395
202212 240.436 125.222 259.070
202303 239.495 127.348 253.748
202306 228.731 128.729 239.744
202309 229.407 129.860 238.358
202312 229.586 129.419 239.356
202403 230.346 131.776 235.853
202406 231.984 132.554 236.137
202409 235.125 133.029 238.479
202412 245.112 133.157 248.369
202503 251.975 134.927 251.975

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.


Chunghwa Precision Test Tech Co  (ROCO:6510) 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.


Chunghwa Precision Test Tech Co Cyclically Adjusted PB Ratio Related Terms

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


Chunghwa Precision Test Tech Co Business Description

Traded in Other Exchanges
N/A
Address
No. 15, Gongye 3rd Road, Pingzhen District, Taoyuan, TWN, 324
Chunghwa Precision Test Tech Co Ltd is engaged mainly in the testing of semiconductor components, the production of printed circuit boards, and the marketing of electronic products. The company earns revenue from the sale of goods, including semiconductor test components, printed circuit boards, and electronic products. It also earns revenue from the rendering of services such as designing and maintaining semiconductor components, printed circuit boards, and providing after-sales services. It generates maximum revenue from the sale of wafer test boards. Geographically, the company generates maximum revenue from Taiwan, followed by the United States, China, and other regions.

Chunghwa Precision Test Tech Co Headlines

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