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Allied Circuit Co (ROCO:8155) Cyclically Adjusted PB Ratio : 3.95 (As of May. 25, 2024)


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What is Allied Circuit Co Cyclically Adjusted PB Ratio?

As of today (2024-05-25), Allied Circuit Co's current share price is NT$154.00. Allied Circuit Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$38.94. Allied Circuit Co's Cyclically Adjusted PB Ratio for today is 3.95.

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

ROCO:8155' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.39   Med: 3.94   Max: 6.73
Current: 3.85

During the past years, Allied Circuit Co's highest Cyclically Adjusted PB Ratio was 6.73. The lowest was 2.39. And the median was 3.94.

ROCO:8155's Cyclically Adjusted PB Ratio is ranked worse than
81.24% of 1871 companies
in the Hardware industry
Industry Median: 1.66 vs ROCO:8155: 3.85

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.

Allied Circuit Co's adjusted book value per share data for the three months ended in Mar. 2024 was NT$42.506. 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$38.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allied Circuit Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Allied Circuit 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.

Allied Circuit Co Cyclically Adjusted PB Ratio Chart

Allied Circuit 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 - 4.22 5.16 2.85 4.08

Allied Circuit 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 3.62 3.73 4.00 4.08 3.61

Competitive Comparison of Allied Circuit Co's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Allied Circuit 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.


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

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

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



Allied Circuit 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=154.00/38.94
=3.95

* 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.

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

For example, Allied Circuit 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)
=42.506/131.7762*131.7762
=42.506

Current CPI (Mar. 2024) = 131.7762.

Allied Circuit Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 22.573 100.560 29.580
201409 25.389 100.428 33.314
201412 26.252 99.070 34.919
201503 27.033 99.621 35.759
201506 25.042 100.684 32.775
201509 25.213 100.392 33.095
201512 26.319 99.792 34.754
201603 27.069 100.470 35.503
201606 25.958 101.688 33.639
201609 26.607 101.861 34.421
201612 27.507 101.863 35.585
201703 28.236 102.862 36.173
201706 26.738 103.349 34.093
201709 28.642 104.136 36.244
201712 30.740 104.011 38.946
201803 32.868 105.290 41.136
201806 30.217 106.317 37.453
201809 31.817 106.507 39.366
201812 32.595 105.998 40.522
201903 32.739 107.251 40.226
201906 28.260 108.070 34.459
201909 29.626 108.329 36.038
201912 31.398 108.420 38.162
202003 34.321 108.902 41.530
202006 34.269 108.767 41.518
202009 36.587 109.815 43.904
202012 38.439 109.897 46.092
202103 40.298 111.754 47.518
202106 34.818 114.631 40.026
202109 36.529 115.734 41.592
202112 39.280 117.630 44.004
202203 42.810 121.301 46.507
202206 40.630 125.017 42.827
202209 42.088 125.227 44.289
202212 44.072 125.222 46.379
202303 38.167 127.348 39.494
202306 39.230 128.729 40.159
202309 40.165 129.860 40.758
202312 41.712 129.419 42.472
202403 42.506 131.776 42.506

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.


Allied Circuit Co  (ROCO:8155) 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.


Allied Circuit Co Cyclically Adjusted PB Ratio Related Terms

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


Allied Circuit Co (ROCO:8155) Business Description

Traded in Other Exchanges
N/A
Address
No. 128, Gong 2nd Road, Wulin Village, Longtan Township, Taoyuan, TWN, 32559
Allied Circuit Co Ltd is a Taiwan based electronic components manufacturing company. It is engaged in wholesale and retail of electronic materials. It offers Rigid Type Multi-Layer PCB and High-Density Inverter.

Allied Circuit Co (ROCO:8155) Headlines

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