GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ampire Co Ltd (ROCO:8049) » Definitions » Cyclically Adjusted PB Ratio

Ampire Co (ROCO:8049) Cyclically Adjusted PB Ratio : 2.38 (As of Jun. 13, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Ampire Co Cyclically Adjusted PB Ratio?

As of today (2024-06-13), Ampire Co's current share price is NT$39.30. Ampire Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$16.48. Ampire Co's Cyclically Adjusted PB Ratio for today is 2.38.

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

ROCO:8049' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.34   Med: 1.85   Max: 2.64
Current: 2.44

During the past years, Ampire Co's highest Cyclically Adjusted PB Ratio was 2.64. The lowest was 1.34. And the median was 1.85.

ROCO:8049's Cyclically Adjusted PB Ratio is ranked worse than
65.88% of 1899 companies
in the Hardware industry
Industry Median: 1.65 vs ROCO:8049: 2.44

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.

Ampire Co's adjusted book value per share data for the three months ended in Mar. 2024 was NT$19.368. 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$16.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ampire Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ampire 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.

Ampire Co Cyclically Adjusted PB Ratio Chart

Ampire Co 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 1.73 1.63 1.85 2.00 2.40

Ampire Co 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 2.57 2.49 2.30 2.40 2.55

Competitive Comparison of Ampire Co's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Ampire 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.


Ampire Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Ampire 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=39.30/16.48
=2.38

* 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.

Ampire Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Ampire Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=19.368/131.7762*131.7762
=19.368

Current CPI (Mar. 2024) = 131.7762.

Ampire Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.353 100.560 13.567
201409 10.077 100.428 13.223
201412 10.416 99.070 13.855
201503 10.465 99.621 13.843
201506 10.600 100.684 13.873
201509 10.612 100.392 13.930
201512 11.525 99.792 15.219
201603 11.938 100.470 15.658
201606 11.610 101.688 15.045
201609 11.964 101.861 15.478
201612 12.401 101.863 16.043
201703 12.743 102.862 16.325
201706 11.932 103.349 15.214
201709 12.332 104.136 15.605
201712 12.726 104.011 16.123
201803 13.112 105.290 16.410
201806 12.346 106.317 15.302
201809 12.893 106.507 15.952
201812 13.323 105.998 16.563
201903 14.116 107.251 17.344
201906 12.668 108.070 15.447
201909 13.525 108.329 16.452
201912 13.878 108.420 16.868
202003 13.914 108.902 16.837
202006 13.089 108.767 15.858
202009 13.621 109.815 16.345
202012 14.284 109.897 17.128
202103 15.762 111.754 18.586
202106 16.764 114.631 19.271
202109 15.866 115.734 18.065
202112 16.905 117.630 18.938
202203 17.115 121.301 18.593
202206 15.666 125.017 16.513
202209 16.547 125.227 17.412
202212 17.668 125.222 18.593
202303 19.138 127.348 19.804
202306 17.006 128.729 17.409
202309 18.139 129.860 18.407
202312 18.592 129.419 18.931
202403 19.368 131.776 19.368

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.


Ampire Co  (ROCO:8049) 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.


Ampire Co Cyclically Adjusted PB Ratio Related Terms

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


Ampire Co (ROCO:8049) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 116, Sec. 1, Xintai 5th Road, 4th Floor, Xizhi District, New Taipei City, TWN, 221
Ampire Co Ltd produces and sells various types of electronic equipment, including data storage and processing equipment, electronic parts and components, and other electrical and electronic machinery. It also sells office equipment, machines, and other apparatus. Geographically company generates the majority of its revenue from Europe and also operates in Oceania, Taiwan, Asia, Africa, and America.

Ampire Co (ROCO:8049) Headlines

No Headlines