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NEXCOM International Co (ROCO:8234) Cyclically Adjusted PB Ratio : 2.55 (As of Jun. 25, 2024)


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What is NEXCOM International Co Cyclically Adjusted PB Ratio?

As of today (2024-06-25), NEXCOM International Co's current share price is NT$56.00. NEXCOM International Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$21.98. NEXCOM International Co's Cyclically Adjusted PB Ratio for today is 2.55.

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

ROCO:8234' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.13   Med: 1.5   Max: 3.17
Current: 2.53

During the past years, NEXCOM International Co's highest Cyclically Adjusted PB Ratio was 3.17. The lowest was 1.13. And the median was 1.50.

ROCO:8234's Cyclically Adjusted PB Ratio is ranked worse than
66.18% of 1904 companies
in the Hardware industry
Industry Median: 1.68 vs ROCO:8234: 2.53

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.

NEXCOM International Co's adjusted book value per share data for the three months ended in Mar. 2024 was NT$22.779. 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$21.98 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


NEXCOM International Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for NEXCOM International 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.

NEXCOM International Co Cyclically Adjusted PB Ratio Chart

NEXCOM International 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 1.64 1.49 1.31 1.61 2.23

NEXCOM International 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 2.17 2.61 2.22 2.23 2.25

Competitive Comparison of NEXCOM International Co's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, NEXCOM International 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.


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

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

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



NEXCOM International 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=56.00/21.98
=2.55

* 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.

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

For example, NEXCOM International 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)
=22.779/131.7762*131.7762
=22.779

Current CPI (Mar. 2024) = 131.7762.

NEXCOM International Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 15.119 100.560 19.812
201409 17.079 100.428 22.410
201412 17.550 99.070 23.344
201503 17.542 99.621 23.204
201506 15.742 100.684 20.603
201509 16.741 100.392 21.975
201512 16.937 99.792 22.365
201603 17.229 100.470 22.597
201606 16.429 101.688 21.290
201609 16.679 101.861 21.577
201612 17.275 101.863 22.348
201703 16.904 102.862 21.656
201706 16.040 103.349 20.452
201709 16.420 104.136 20.778
201712 16.701 104.011 21.159
201803 17.074 105.290 21.369
201806 16.620 106.317 20.600
201809 16.775 106.507 20.755
201812 17.334 105.998 21.550
201903 17.748 107.251 21.807
201906 17.607 108.070 21.469
201909 17.937 108.329 21.819
201912 18.284 108.420 22.223
202003 18.364 108.902 22.221
202006 17.809 108.767 21.576
202009 18.087 109.815 21.704
202012 18.530 109.897 22.219
202103 18.215 111.754 21.478
202106 18.248 114.631 20.977
202109 17.967 115.734 20.457
202112 18.627 117.630 20.867
202203 19.397 121.301 21.072
202206 19.118 125.017 20.152
202209 23.842 125.227 25.089
202212 24.366 125.222 25.641
202303 25.189 127.348 26.065
202306 22.425 128.729 22.956
202309 23.390 129.860 23.735
202312 22.690 129.419 23.103
202403 22.779 131.776 22.779

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.


NEXCOM International Co  (ROCO:8234) 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.


NEXCOM International Co Cyclically Adjusted PB Ratio Related Terms

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


NEXCOM International Co (ROCO:8234) Business Description

Traded in Other Exchanges
N/A
Address
Zhongzheng Rd, 9th Floor, No.920, Zhonghe District, New Taipei City, TWN, 23586
NEXCOM International Co Ltd is engaged in the research and development, and manufacture of computer peripheral equipment and electronic components in Taiwan. It offers industrial computers, network security products, onboard computer products, multimedia products, network communication products, customized products, and related application software, among others. The group has a presence in Taiwan, Asia, America, and Europe.

NEXCOM International Co (ROCO:8234) Headlines

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