GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Grand Hall Enterprise Co Ltd (ROCO:8941) » Definitions » Cyclically Adjusted PB Ratio

Grand Hall Enterprise Co (ROCO:8941) Cyclically Adjusted PB Ratio : 2.85 (As of Jun. 15, 2024)


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

What is Grand Hall Enterprise Co Cyclically Adjusted PB Ratio?

As of today (2024-06-15), Grand Hall Enterprise Co's current share price is NT$77.30. Grand Hall Enterprise Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$27.16. Grand Hall Enterprise Co's Cyclically Adjusted PB Ratio for today is 2.85.

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

ROCO:8941' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.57   Med: 2.01   Max: 3.06
Current: 2.86

During the past years, Grand Hall Enterprise Co's highest Cyclically Adjusted PB Ratio was 3.06. The lowest was 1.57. And the median was 2.01.

ROCO:8941's Cyclically Adjusted PB Ratio is ranked worse than
75.16% of 1373 companies
in the Consumer Packaged Goods industry
Industry Median: 1.35 vs ROCO:8941: 2.86

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.

Grand Hall Enterprise Co's adjusted book value per share data for the three months ended in Mar. 2024 was NT$30.375. 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$27.16 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grand Hall Enterprise Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Grand Hall Enterprise 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.

Grand Hall Enterprise Co Cyclically Adjusted PB Ratio Chart

Grand Hall Enterprise 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 2.08 1.96 1.87 2.44 2.27

Grand Hall Enterprise 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 2.43 2.35 2.32 2.27 2.92

Competitive Comparison of Grand Hall Enterprise Co's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, Grand Hall Enterprise 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.


Grand Hall Enterprise Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Grand Hall Enterprise Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Grand Hall Enterprise Co's Cyclically Adjusted PB Ratio falls into.



Grand Hall Enterprise 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.

Grand Hall Enterprise Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=77.30/27.16
=2.85

* 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.

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

For example, Grand Hall Enterprise 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)
=30.375/131.7762*131.7762
=30.375

Current CPI (Mar. 2024) = 131.7762.

Grand Hall Enterprise Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.422 100.560 8.416
201409 13.807 100.428 18.117
201412 13.489 99.070 17.942
201503 13.014 99.621 17.215
201506 14.583 100.684 19.086
201509 16.406 100.392 21.535
201512 22.032 99.792 29.093
201603 22.218 100.470 29.141
201606 23.678 101.688 30.684
201609 24.325 101.861 31.469
201612 21.624 101.863 27.974
201703 21.873 102.862 28.021
201706 21.810 103.349 27.809
201709 27.128 104.136 34.329
201712 23.690 104.011 30.014
201803 23.922 105.290 29.940
201806 20.954 106.317 25.972
201809 21.365 106.507 26.434
201812 20.104 105.998 24.993
201903 18.647 107.251 22.911
201906 20.478 108.070 24.970
201909 20.682 108.329 25.158
201912 21.578 108.420 26.226
202003 19.701 108.902 23.839
202006 23.706 108.767 28.721
202009 25.023 109.815 30.027
202012 27.260 109.897 32.687
202103 27.158 111.754 32.024
202106 29.237 114.631 33.610
202109 25.659 115.734 29.216
202112 26.561 117.630 29.755
202203 27.919 121.301 30.330
202206 26.630 125.017 28.070
202209 29.452 125.227 30.992
202212 27.773 125.222 29.227
202303 27.707 127.348 28.670
202306 30.915 128.729 31.647
202309 29.239 129.860 29.671
202312 29.497 129.419 30.034
202403 30.375 131.776 30.375

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.


Grand Hall Enterprise Co  (ROCO:8941) 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.


Grand Hall Enterprise Co Cyclically Adjusted PB Ratio Related Terms

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


Grand Hall Enterprise Co (ROCO:8941) Business Description

Traded in Other Exchanges
N/A
Address
Rueiguang Road, 9th Floor, No. 298, Neihu District, Taipei, TWN, 114
Grand Hall Enterprise Co Ltd is engaged in the research and development, manufacturing and trading of gas-related equipment. It manufactures gas barbecue stoves including outdoor stoves, smart convertible frequency water heaters, and indoor stoves. It markets its products to North America, Europe, and Australia.

Grand Hall Enterprise Co (ROCO:8941) Headlines

No Headlines