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Firich Enterprises Co (ROCO:8076) Cyclically Adjusted PB Ratio : 2.09 (As of Sep. 21, 2024)


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What is Firich Enterprises Co Cyclically Adjusted PB Ratio?

As of today (2024-09-21), Firich Enterprises Co's current share price is NT$34.90. Firich Enterprises Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was NT$16.68. Firich Enterprises Co's Cyclically Adjusted PB Ratio for today is 2.09.

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

ROCO:8076' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.43   Med: 1.93   Max: 2.9
Current: 2.04

During the past years, Firich Enterprises Co's highest Cyclically Adjusted PB Ratio was 2.90. The lowest was 1.43. And the median was 1.93.

ROCO:8076's Cyclically Adjusted PB Ratio is ranked worse than
57.15% of 1664 companies
in the Hardware industry
Industry Median: 1.74 vs ROCO:8076: 2.04

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.

Firich Enterprises Co's adjusted book value per share data for the three months ended in Jun. 2024 was NT$16.999. 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$16.68 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Firich Enterprises Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Firich Enterprises 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.

Firich Enterprises Co Cyclically Adjusted PB Ratio Chart

Firich Enterprises 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 2.37 1.96 2.23 1.74 1.93

Firich Enterprises Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.29 1.91 1.93 1.72 2.19

Competitive Comparison of Firich Enterprises Co's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Firich Enterprises 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.


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

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

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



Firich Enterprises 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=34.90/16.68
=2.09

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=16.999/132.5538*132.5538
=16.999

Current CPI (Jun. 2024) = 132.5538.

Firich Enterprises Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 15.883 100.428 20.964
201412 15.642 99.070 20.929
201503 14.857 99.621 19.768
201506 14.708 100.684 19.364
201509 15.139 100.392 19.989
201512 16.601 99.792 22.051
201603 14.437 100.470 19.047
201606 14.025 101.688 18.282
201609 14.861 101.861 19.339
201612 14.435 101.863 18.784
201703 13.858 102.862 17.858
201706 13.303 103.349 17.062
201709 13.456 104.136 17.128
201712 13.428 104.011 17.113
201803 13.503 105.290 17.000
201806 13.472 106.317 16.797
201809 13.494 106.507 16.794
201812 13.707 105.998 17.141
201903 13.953 107.251 17.245
201906 13.658 108.070 16.752
201909 13.603 108.329 16.645
201912 13.174 108.420 16.106
202003 12.522 108.902 15.242
202006 12.105 108.767 14.752
202009 11.988 109.815 14.470
202012 12.500 109.897 15.077
202103 12.390 111.754 14.696
202106 12.209 114.631 14.118
202109 11.887 115.734 13.615
202112 12.297 117.630 13.857
202203 13.079 121.301 14.292
202206 13.188 125.017 13.983
202209 13.887 125.227 14.700
202212 14.045 125.222 14.867
202303 14.868 127.348 15.476
202306 14.461 128.729 14.891
202309 14.562 129.860 14.864
202312 13.681 129.419 14.012
202403 15.160 131.776 15.249
202406 16.999 132.554 16.999

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.


Firich Enterprises Co  (ROCO:8076) 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.


Firich Enterprises Co Cyclically Adjusted PB Ratio Related Terms

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


Firich Enterprises Co Business Description

Traded in Other Exchanges
N/A
Address
Sec. 1 Hsin Tai Wu Road, Sec. 1, 10th Floor, No. 75, Sijhih District, New Taipei City, TWN, 221
Firich Enterprises Co Ltd operates in the assembly, manufacture, import, and export of business-oriented computers and their peripheral equipment. It is engaged in the POS systems business, generating solid and consistent growth. FEC provides a range of POS products, including all-in-one touch terminals, box PCs, monitors, and related peripherals. The group is divided into two reportable segments: Computers and their peripherals, which design, manufacture, and sell POS system hardware and software as well as related after-sales and maintenance services; and Other, which deals in the wholesale of alcoholic beverages. The majority of the revenue is generated from Computers and their peripherals segment.

Firich Enterprises Co Headlines

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