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UniTTEC Co (SZSE:000925) Cyclically Adjusted PB Ratio : 1.55 (As of Jun. 20, 2024)


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What is UniTTEC Co Cyclically Adjusted PB Ratio?

As of today (2024-06-20), UniTTEC Co's current share price is ¥6.46. UniTTEC Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥4.18. UniTTEC Co's Cyclically Adjusted PB Ratio for today is 1.55.

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

SZSE:000925' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.45   Med: 2.62   Max: 23.74
Current: 1.54

During the past years, UniTTEC Co's highest Cyclically Adjusted PB Ratio was 23.74. The lowest was 1.45. And the median was 2.62.

SZSE:000925's Cyclically Adjusted PB Ratio is ranked better than
68.6% of 688 companies
in the Semiconductors industry
Industry Median: 2.585 vs SZSE:000925: 1.54

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.

UniTTEC Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥4.839. 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 ¥4.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


UniTTEC Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for UniTTEC 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.

UniTTEC Co Cyclically Adjusted PB Ratio Chart

UniTTEC 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 2.10 1.86 2.53 1.75 2.11

UniTTEC 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 2.22 2.08 1.93 2.11 1.76

Competitive Comparison of UniTTEC Co's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, UniTTEC 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.


UniTTEC Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



UniTTEC 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.46/4.18
=1.55

* 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.

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

For example, UniTTEC 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)
=4.839/115.2271*115.2271
=4.839

Current CPI (Mar. 2024) = 115.2271.

UniTTEC Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.110 98.200 2.476
201409 2.137 98.900 2.490
201412 2.154 99.000 2.507
201503 2.599 99.900 2.998
201506 2.620 99.500 3.034
201509 2.639 100.500 3.026
201512 2.685 100.600 3.075
201603 2.640 102.200 2.977
201606 2.696 101.400 3.064
201609 2.665 102.400 2.999
201612 2.530 102.600 2.841
201703 2.456 103.200 2.742
201706 4.977 103.100 5.562
201709 4.146 104.100 4.589
201712 4.189 104.500 4.619
201803 4.187 105.300 4.582
201806 4.224 104.900 4.640
201809 4.295 106.600 4.643
201812 4.257 106.500 4.606
201903 4.306 107.700 4.607
201906 4.332 107.700 4.635
201909 4.325 109.800 4.539
201912 4.408 111.200 4.568
202003 4.162 112.300 4.270
202006 4.296 110.400 4.484
202009 4.422 111.700 4.562
202012 4.516 111.500 4.667
202103 4.565 112.662 4.669
202106 4.615 111.769 4.758
202109 4.626 112.215 4.750
202112 4.791 113.108 4.881
202203 4.818 114.335 4.856
202206 4.769 114.558 4.797
202209 4.832 115.339 4.827
202212 4.961 115.116 4.966
202303 4.922 115.116 4.927
202306 4.907 114.558 4.936
202309 4.969 115.339 4.964
202312 5.091 114.781 5.111
202403 4.839 115.227 4.839

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.


UniTTEC Co  (SZSE:000925) 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.


UniTTEC Co Cyclically Adjusted PB Ratio Related Terms

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


UniTTEC Co (SZSE:000925) Business Description

Traded in Other Exchanges
N/A
Address
Number 1785 Jianghan Road, The 17th Floor of Number 4 Building, Binjiang District, Hangzhou, CHN, 310051
UniTTEC Co Ltd is a China-based company involved in the manufacturing of semiconductors. Its main products include polished mono-crystalline silicon wafers and mono-crystalline silicon grinding disc for integrated circuits and discrete devices; silicon wafer and power switch tube among others. The company is also involved in Water treatment, Smart Lighting, and Rail Transit businesses.
Executives
Pan Li Chun Director
Luo Jian Qiang Executives
Bian Jin Fei Executives
He Hao Executives
Lou Hong Hai Directors, executives
Zhao Qin Directors, executives
Tang Xin Liang Director
Ling Zhu Jun Executives
Wang Zhen Yu Executives
Shi Xiu Xia Executives
Li Jun Directors, executives
Lu Xi Wei Executives
Pan Rong Executives
Chen Jun Directors, executives
Jiang Xiang Yang Executives

UniTTEC Co (SZSE:000925) Headlines

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