GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ABICO NetCom Co (ROCO:8071) » Definitions » Cyclically Adjusted PB Ratio

ABICO NetCom Co (ROCO:8071) Cyclically Adjusted PB Ratio : 1.22 (As of Jan. 19, 2025)


View and export this data going back to 2003. Start your Free Trial

What is ABICO NetCom Co Cyclically Adjusted PB Ratio?

As of today (2025-01-19), ABICO NetCom Co's current share price is NT$21.60. ABICO NetCom Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was NT$17.70. ABICO NetCom Co's Cyclically Adjusted PB Ratio for today is 1.22.

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

ROCO:8071' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 0.84   Max: 1.38
Current: 1.14

During the past years, ABICO NetCom Co's highest Cyclically Adjusted PB Ratio was 1.38. The lowest was 0.63. And the median was 0.84.

ROCO:8071's Cyclically Adjusted PB Ratio is ranked better than
68.98% of 1686 companies
in the Hardware industry
Industry Median: 1.84 vs ROCO:8071: 1.14

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.

ABICO NetCom Co's adjusted book value per share data for the three months ended in Sep. 2024 was NT$12.519. 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$17.70 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ABICO NetCom Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ABICO NetCom 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.

ABICO NetCom Co Cyclically Adjusted PB Ratio Chart

ABICO NetCom 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 0.93 0.79 0.97 0.84 0.82

ABICO NetCom Co 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 0.84 0.82 0.79 1.07 1.23

Competitive Comparison of ABICO NetCom Co's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, ABICO NetCom 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.


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

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

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



ABICO NetCom 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.60/17.7
=1.22

* 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.

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

For example, ABICO NetCom Co'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)
=12.519/133.0289*133.0289
=12.519

Current CPI (Sep. 2024) = 133.0289.

ABICO NetCom Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 15.664 99.070 21.033
201503 15.958 99.621 21.309
201506 15.577 100.684 20.581
201509 15.489 100.392 20.524
201512 15.252 99.792 20.332
201603 14.781 100.470 19.571
201606 14.575 101.688 19.067
201609 14.121 101.861 18.442
201612 17.574 101.863 22.951
201703 13.354 102.862 17.270
201706 13.792 103.349 17.753
201709 14.408 104.136 18.406
201712 14.400 104.011 18.417
201803 14.528 105.290 18.356
201806 14.517 106.317 18.164
201809 14.394 106.507 17.978
201812 15.312 105.998 19.217
201903 15.676 107.251 19.444
201906 15.181 108.070 18.687
201909 15.112 108.329 18.558
201912 14.883 108.420 18.261
202003 14.694 108.902 17.949
202006 14.255 108.767 17.435
202009 14.548 109.815 17.623
202012 13.702 109.897 16.586
202103 15.033 111.754 17.895
202106 15.395 114.631 17.866
202109 15.167 115.734 17.433
202112 15.593 117.630 17.634
202203 16.218 121.301 17.786
202206 15.278 125.017 16.257
202209 15.619 125.227 16.592
202212 15.099 125.222 16.040
202303 14.984 127.348 15.652
202306 13.889 128.729 14.353
202309 13.935 129.860 14.275
202312 13.095 129.419 13.460
202403 13.228 131.776 13.354
202406 12.994 132.554 13.041
202409 12.519 133.029 12.519

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.


ABICO NetCom Co  (ROCO:8071) 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.


ABICO NetCom Co Cyclically Adjusted PB Ratio Related Terms

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


ABICO NetCom Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
13F-1, No. 27, Lane 169, Kang-Ning Street, Hsi-Chih District, New Taipei, Taipei, TWN
ABICO NetCom Co is a Taiwan-based company, mainly engaged in the manufacture of optical disks. The company provides CDs, and DVDs, and is also involved in diversified services including distribution and logistics.

ABICO NetCom Co Headlines

No Headlines