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Sintrones Technology (ROCO:6680) Cyclically Adjusted PB Ratio : 4.68 (As of Jun. 14, 2024)


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What is Sintrones Technology Cyclically Adjusted PB Ratio?

As of today (2024-06-14), Sintrones Technology's current share price is NT$87.50. Sintrones Technology's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was NT$18.69. Sintrones Technology's Cyclically Adjusted PB Ratio for today is 4.68.

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

ROCO:6680' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.31   Med: 4.4   Max: 4.55
Current: 4.55

During the past 10 years, Sintrones Technology's highest Cyclically Adjusted PB Ratio was 4.55. The lowest was 4.31. And the median was 4.40.

ROCO:6680's Cyclically Adjusted PB Ratio is ranked worse than
85.65% of 1902 companies
in the Hardware industry
Industry Median: 1.66 vs ROCO:6680: 4.55

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.

Sintrones Technology's adjusted book value per share data of for the fiscal year that ended in Dec23 was NT$22.236. 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$18.69 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sintrones Technology Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sintrones Technology'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.

Sintrones Technology Cyclically Adjusted PB Ratio Chart

Sintrones Technology 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 - - - - 4.55

Sintrones Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 4.55 -

Competitive Comparison of Sintrones Technology's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Sintrones Technology'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.


Sintrones Technology's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Sintrones Technology 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=87.50/18.69
=4.68

* 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.

Sintrones Technology's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Sintrones Technology's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=22.236/129.4194*129.4194
=22.236

Current CPI (Dec23) = 129.4194.

Sintrones Technology Annual Data

Book Value per Share CPI Adj_Book
201412 0.000 99.070 0.000
201512 15.400 99.792 19.972
201612 8.749 101.863 11.116
201712 10.805 104.011 13.444
201812 13.767 105.998 16.809
201912 18.607 108.420 22.211
202012 18.153 109.897 21.378
202112 18.070 117.630 19.881
202212 20.490 125.222 21.177
202312 22.236 129.419 22.236

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.


Sintrones Technology  (ROCO:6680) 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.


Sintrones Technology Cyclically Adjusted PB Ratio Related Terms

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


Sintrones Technology (ROCO:6680) Business Description

Traded in Other Exchanges
N/A
Address
No. 738, Zhongzheng Road, 2nd Floor-3, Zhongzheng, New Taipei, TWN, 235
Sintrones Technology Corp is engaged in providing computer system products.The company has only one reportable segment mainly involved in the equipment of computer equipment manufacturing and selling. It offers products including In-Vehicle Computer, CAN Bus Module, GPS Module, Video Capture Card, Fanless Box Computer, Embedded Board, and In-Vehicle Display.

Sintrones Technology (ROCO:6680) Headlines

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