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ThroughTek Co (ROCO:6565) Cyclically Adjusted PB Ratio : 2.86 (As of May. 29, 2025)


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What is ThroughTek Co Cyclically Adjusted PB Ratio?

As of today (2025-05-29), ThroughTek Co's current share price is NT$20.00. ThroughTek Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was NT$7.00. ThroughTek Co's Cyclically Adjusted PB Ratio for today is 2.86.

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

ROCO:6565' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.16   Med: 3.27   Max: 5.19
Current: 2.91

During the past 13 years, ThroughTek Co's highest Cyclically Adjusted PB Ratio was 5.19. The lowest was 2.16. And the median was 3.27.

ROCO:6565's Cyclically Adjusted PB Ratio is ranked worse than
52.53% of 1422 companies
in the Software industry
Industry Median: 2.705 vs ROCO:6565: 2.91

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.

ThroughTek Co's adjusted book value per share data of for the fiscal year that ended in Dec24 was NT$3.908. 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$7.00 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


ThroughTek Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ThroughTek 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.

ThroughTek Co Cyclically Adjusted PB Ratio Chart

ThroughTek 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 - 3.82 2.09 3.20 2.96

ThroughTek Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 2.09 - 3.20 - 2.96

Competitive Comparison of ThroughTek Co's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, ThroughTek 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.


ThroughTek Co's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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


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ThroughTek 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.00/7.00
=2.86

* 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.

ThroughTek Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, ThroughTek Co's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=3.908/133.1571*133.1571
=3.908

Current CPI (Dec24) = 133.1571.

ThroughTek Co Annual Data

Book Value per Share CPI Adj_Book
201512 10.424 99.792 13.909
201612 5.141 101.863 6.720
201712 8.070 104.011 10.331
201812 6.191 105.998 7.777
201912 4.975 108.420 6.110
202012 5.495 109.897 6.658
202112 5.696 117.630 6.448
202212 4.451 125.222 4.733
202312 3.334 129.419 3.430
202412 3.908 133.157 3.908

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.


ThroughTek Co  (ROCO:6565) 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.


ThroughTek Co Cyclically Adjusted PB Ratio Related Terms

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


ThroughTek Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
Lane 12, Xingzhong Road, 5th Floor, No. 21, Nangang District, Taipei, TWN, 11579
ThroughTek Co Ltd is a Taiwan-based company involved in network monitoring device-related software or firmware development services, IoT cloud connection platform software or firmware solution services, cloud services, cloud platform licensing and smart home networking product. The solutions provided by the company include Streaming Service, Video Recording, Two-Way Communication, Connected Car, Data Analytics and Home Automation among others.

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