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Fu Chun Shin Machinery Manufacture Co (ROCO:6603) Cyclically Adjusted PB Ratio : 1.02 (As of May. 04, 2025)


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What is Fu Chun Shin Machinery Manufacture Co Cyclically Adjusted PB Ratio?

As of today (2025-05-04), Fu Chun Shin Machinery Manufacture Co's current share price is NT$16.70. Fu Chun Shin Machinery Manufacture Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was NT$16.30. Fu Chun Shin Machinery Manufacture Co's Cyclically Adjusted PB Ratio for today is 1.02.

The historical rank and industry rank for Fu Chun Shin Machinery Manufacture Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

ROCO:6603' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.01   Max: 1.34
Current: 1.01

During the past years, Fu Chun Shin Machinery Manufacture Co's highest Cyclically Adjusted PB Ratio was 1.34. The lowest was 0.58. And the median was 1.01.

ROCO:6603's Cyclically Adjusted PB Ratio is ranked better than
69.64% of 2062 companies
in the Industrial Products industry
Industry Median: 1.825 vs ROCO:6603: 1.01

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.

Fu Chun Shin Machinery Manufacture Co's adjusted book value per share data for the three months ended in Dec. 2024 was NT$15.049. 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$16.30 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fu Chun Shin Machinery Manufacture Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fu Chun Shin Machinery Manufacture 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.

Fu Chun Shin Machinery Manufacture Co Cyclically Adjusted PB Ratio Chart

Fu Chun Shin Machinery Manufacture 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 0.86 1.19 1.06 0.98 1.02

Fu Chun Shin Machinery Manufacture Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.98 0.94 1.06 1.19 1.02

Competitive Comparison of Fu Chun Shin Machinery Manufacture Co's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Fu Chun Shin Machinery Manufacture 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.


Fu Chun Shin Machinery Manufacture Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fu Chun Shin Machinery Manufacture Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fu Chun Shin Machinery Manufacture Co's Cyclically Adjusted PB Ratio falls into.


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Fu Chun Shin Machinery Manufacture 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.

Fu Chun Shin Machinery Manufacture Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.70/16.30
=1.02

* 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.

Fu Chun Shin Machinery Manufacture Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Fu Chun Shin Machinery Manufacture Co's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=15.049/133.1571*133.1571
=15.049

Current CPI (Dec. 2024) = 133.1571.

Fu Chun Shin Machinery Manufacture Co Quarterly Data

Book Value per Share CPI Adj_Book
201503 13.647 99.621 18.241
201506 13.315 100.684 17.609
201509 14.073 100.392 18.666
201512 13.367 99.792 17.836
201603 13.597 100.470 18.021
201606 13.535 101.688 17.724
201609 14.067 101.861 18.389
201612 13.418 101.863 17.540
201703 13.336 102.862 17.264
201706 13.384 103.349 17.244
201709 13.976 104.136 17.871
201712 14.754 104.011 18.888
201803 14.501 105.290 18.339
201806 13.685 106.317 17.140
201809 13.466 106.507 16.835
201812 13.653 105.998 17.151
201903 13.977 107.251 17.353
201906 13.455 108.070 16.578
201909 12.995 108.329 15.973
201912 12.803 108.420 15.724
202003 12.180 108.902 14.893
202006 11.909 108.767 14.579
202009 12.608 109.815 15.288
202012 12.961 109.897 15.704
202103 13.085 111.754 15.591
202106 13.150 114.631 15.275
202109 13.348 115.734 15.357
202112 13.563 117.630 15.353
202203 14.197 121.301 15.585
202206 14.125 125.017 15.045
202209 14.546 125.227 15.467
202212 14.530 125.222 15.451
202303 14.625 127.348 15.292
202306 13.976 128.729 14.457
202309 14.313 129.860 14.676
202312 14.125 129.419 14.533
202403 14.265 131.776 14.414
202406 14.445 132.554 14.511
202409 15.046 133.029 15.060
202412 15.049 133.157 15.049

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.


Fu Chun Shin Machinery Manufacture Co  (ROCO:6603) 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.


Fu Chun Shin Machinery Manufacture Co Cyclically Adjusted PB Ratio Related Terms

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


Fu Chun Shin Machinery Manufacture Co Business Description

Traded in Other Exchanges
N/A
Address
No.269, Bao Dong Road, Pitou Village, Guanmiao District, Tainan, TWN, 718
Fu Chun Shin Machinery Manufacture Co Ltd is a Taiwan-based company mainly engaged in the manufacturing, repair, processing, and trading of plastic injection machines and tooling, plastic products, electric wires, and cables.

Fu Chun Shin Machinery Manufacture Co Headlines

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