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PChome Online (ROCO:8044) Cyclically Adjusted PB Ratio : 1.24 (As of Dec. 13, 2024)


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What is PChome Online Cyclically Adjusted PB Ratio?

As of today (2024-12-13), PChome Online's current share price is NT$52.90. PChome Online's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was NT$42.74. PChome Online's Cyclically Adjusted PB Ratio for today is 1.24.

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

ROCO:8044' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 3.01   Max: 6.16
Current: 1.21

During the past years, PChome Online's highest Cyclically Adjusted PB Ratio was 6.16. The lowest was 0.68. And the median was 3.01.

ROCO:8044's Cyclically Adjusted PB Ratio is ranked better than
50.74% of 747 companies
in the Retail - Cyclical industry
Industry Median: 1.21 vs ROCO:8044: 1.21

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.

PChome Online's adjusted book value per share data for the three months ended in Sep. 2024 was NT$42.065. 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$42.74 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PChome Online Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PChome Online'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.

PChome Online Cyclically Adjusted PB Ratio Chart

PChome Online 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 3.56 3.29 4.11 1.46 1.10

PChome Online 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 1.05 1.10 0.81 0.84 0.71

Competitive Comparison of PChome Online's Cyclically Adjusted PB Ratio

For the Internet Retail subindustry, PChome Online'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.


PChome Online's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PChome Online's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PChome Online 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.

PChome Online's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=52.90/42.74
=1.24

* 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.

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

For example, PChome Online'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)
=42.065/133.0289*133.0289
=42.065

Current CPI (Sep. 2024) = 133.0289.

PChome Online Quarterly Data

Book Value per Share CPI Adj_Book
201412 19.171 99.070 25.742
201503 21.056 99.621 28.117
201506 18.904 100.684 24.977
201509 22.555 100.392 29.888
201512 42.085 99.792 56.102
201603 44.396 100.470 58.783
201606 41.496 101.688 54.285
201609 42.903 101.861 56.031
201612 44.076 101.863 57.562
201703 45.768 102.862 59.191
201706 42.408 103.349 54.587
201709 42.291 104.136 54.025
201712 39.680 104.011 50.750
201803 36.078 105.290 45.583
201806 33.379 106.317 41.765
201809 27.368 106.507 34.183
201812 24.679 105.998 30.973
201903 25.244 107.251 31.312
201906 25.616 108.070 31.532
201909 25.551 108.329 31.377
201912 25.596 108.420 31.406
202003 25.380 108.902 31.003
202006 25.955 108.767 31.745
202009 26.484 109.815 32.083
202012 27.999 109.897 33.892
202103 27.853 111.754 33.155
202106 28.284 114.631 32.823
202109 30.215 115.734 34.730
202112 49.414 117.630 55.883
202203 48.128 121.301 52.781
202206 46.710 125.017 49.704
202209 48.827 125.227 51.869
202212 49.521 125.222 52.608
202303 49.545 127.348 51.755
202306 49.046 128.729 50.684
202309 47.681 129.860 48.845
202312 45.524 129.419 46.794
202403 44.918 131.776 45.345
202406 43.704 132.554 43.861
202409 42.065 133.029 42.065

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.


PChome Online  (ROCO:8044) 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.


PChome Online Cyclically Adjusted PB Ratio Related Terms

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


PChome Online Business Description

Traded in Other Exchanges
N/A
Address
Tun Hwa South Road, 12 Floor, No. 105, Section 2, Taipei, TWN, 106
PChome Online Inc is an E-commerce service provider. It is focused on providing an e-commerce platform for online shopping, entrance websites, telecommunication, and other related services. The group's reportable segments are the E-Commerce-Sales, Market Place, Fintech and Other segment. The E-Commerce-Sales segment represents the revenue collected from the online platform from the sale of goods whereas The other segment is the revenue generated from the online platform to provide search engine services, telecommunication, and communication services. The majority of the revenue is generated from the E-Commerce-Sales segment of the company.

PChome Online Headlines

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