/term/cyclically-adjusted-pb-ratio/ROCO:8183 Info-Tek (ROCO:8183) Cyclically Adjusted PB Ratio
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Info-Tek Corp (ROCO:8183) » Definitions » Cyclically Adjusted PB Ratio

Info-Tek (ROCO:8183) Cyclically Adjusted PB Ratio : 2.16 (As of Jun. 20, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Info-Tek Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Info-Tek's current share price is NT$42.95. Info-Tek's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$19.93. Info-Tek's Cyclically Adjusted PB Ratio for today is 2.16.

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

ROCO:8183' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 2.76   Max: 4.55
Current: 2.19

During the past years, Info-Tek's highest Cyclically Adjusted PB Ratio was 4.55. The lowest was 0.81. And the median was 2.76.

ROCO:8183's Cyclically Adjusted PB Ratio is ranked worse than
60.52% of 1902 companies
in the Hardware industry
Industry Median: 1.67 vs ROCO:8183: 2.19

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.

Info-Tek's adjusted book value per share data for the three months ended in Mar. 2024 was NT$28.223. 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$19.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Info-Tek Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Info-Tek'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.

Info-Tek Cyclically Adjusted PB Ratio Chart

Info-Tek 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 1.18 1.38 3.96 2.99 2.73

Info-Tek 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 2.96 2.82 2.60 2.73 2.46

Competitive Comparison of Info-Tek's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Info-Tek'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.


Info-Tek's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Info-Tek's Cyclically Adjusted PB Ratio falls into.



Info-Tek 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.

Info-Tek's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=42.95/19.93
=2.16

* 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.

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

For example, Info-Tek'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)
=28.223/131.7762*131.7762
=28.223

Current CPI (Mar. 2024) = 131.7762.

Info-Tek Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.382 100.560 16.226
201409 12.560 100.428 16.481
201412 12.729 99.070 16.931
201503 12.474 99.621 16.500
201506 11.936 100.684 15.622
201509 12.082 100.392 15.859
201512 11.755 99.792 15.523
201603 11.673 100.470 15.310
201606 11.681 101.688 15.137
201609 11.742 101.861 15.190
201612 12.688 101.863 16.414
201703 12.638 102.862 16.190
201706 12.886 103.349 16.430
201709 14.080 104.136 17.817
201712 14.581 104.011 18.473
201803 14.983 105.290 18.752
201806 15.569 106.317 19.297
201809 15.119 106.507 18.706
201812 15.326 105.998 19.053
201903 15.808 107.251 19.423
201906 15.583 108.070 19.001
201909 15.695 108.329 19.092
201912 16.105 108.420 19.574
202003 15.860 108.902 19.191
202006 15.757 108.767 19.090
202009 16.100 109.815 19.320
202012 17.591 109.897 21.093
202103 18.362 111.754 21.652
202106 19.004 114.631 21.846
202109 18.428 115.734 20.982
202112 20.692 117.630 23.181
202203 22.653 121.301 24.609
202206 22.134 125.017 23.331
202209 23.578 125.227 24.811
202212 24.741 125.222 26.036
202303 26.262 127.348 27.175
202306 24.563 128.729 25.145
202309 26.317 129.860 26.705
202312 27.455 129.419 27.955
202403 28.223 131.776 28.223

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.


Info-Tek  (ROCO:8183) 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.


Info-Tek Cyclically Adjusted PB Ratio Related Terms

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


Info-Tek (ROCO:8183) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.12 Shijian Road, Fenghuang Village, Hukou Township, Hsinchu, TWN
Info-Tek Corp is a Taiwan-based company engaged in providing EMS (Electronic Manufacturing Service) and PTH (Pin Through Hole Insertion) with 36 SMT Lines, 16 DIP Lines, 16 Lines of Test and Final Assembly Manufacturing (Box Build) in terms of Full Turnkey Solution.

Info-Tek (ROCO:8183) Headlines

No Headlines