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Y C C Parts Manufacturing Co (TPE:1339) Cyclically Adjusted PB Ratio : 1.12 (As of Sep. 21, 2024)


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What is Y C C Parts Manufacturing Co Cyclically Adjusted PB Ratio?

As of today (2024-09-21), Y C C Parts Manufacturing Co's current share price is NT$59.00. Y C C Parts Manufacturing Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was NT$52.58. Y C C Parts Manufacturing Co's Cyclically Adjusted PB Ratio for today is 1.12.

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

TPE:1339' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.02   Max: 1.56
Current: 1.11

During the past years, Y C C Parts Manufacturing Co's highest Cyclically Adjusted PB Ratio was 1.56. The lowest was 0.76. And the median was 1.02.

TPE:1339's Cyclically Adjusted PB Ratio is ranked better than
55.19% of 810 companies
in the Vehicles & Parts industry
Industry Median: 1.27 vs TPE:1339: 1.11

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.

Y C C Parts Manufacturing Co's adjusted book value per share data for the three months ended in Jun. 2024 was NT$53.350. 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$52.58 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Y C C Parts Manufacturing Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Y C C Parts Manufacturing 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.

Y C C Parts Manufacturing Co Cyclically Adjusted PB Ratio Chart

Y C C Parts Manufacturing 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 1.52 1.12 0.82 0.89 1.27

Y C C Parts Manufacturing Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.94 1.20 1.27 1.32 1.27

Competitive Comparison of Y C C Parts Manufacturing Co's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Y C C Parts Manufacturing 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.


Y C C Parts Manufacturing Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Y C C Parts Manufacturing Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Y C C Parts Manufacturing Co's Cyclically Adjusted PB Ratio falls into.



Y C C Parts Manufacturing 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.

Y C C Parts Manufacturing Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=59.00/52.58
=1.12

* 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.

Y C C Parts Manufacturing Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Y C C Parts Manufacturing Co's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=53.35/132.5538*132.5538
=53.350

Current CPI (Jun. 2024) = 132.5538.

Y C C Parts Manufacturing Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 27.139 100.428 35.821
201412 28.460 99.070 38.079
201503 37.937 99.621 50.478
201506 36.549 100.684 48.118
201509 37.689 100.392 49.763
201512 39.677 99.792 52.703
201603 40.263 100.470 53.120
201606 38.755 101.688 50.518
201609 38.780 101.861 50.465
201612 40.845 101.863 53.152
201703 40.204 102.862 51.809
201706 39.964 103.349 51.257
201709 41.765 104.136 53.163
201712 42.821 104.011 54.572
201803 43.662 105.290 54.968
201806 44.300 106.317 55.232
201809 44.307 106.507 55.143
201812 44.317 105.998 55.420
201903 45.959 107.251 56.802
201906 46.019 108.070 56.445
201909 46.825 108.329 57.296
201912 47.029 108.420 57.497
202003 47.618 108.902 57.960
202006 45.364 108.767 55.285
202009 46.087 109.815 55.630
202012 46.814 109.897 56.465
202103 47.673 111.754 56.546
202106 45.551 114.631 52.673
202109 45.634 115.734 52.266
202112 46.455 117.630 52.349
202203 46.285 121.301 50.579
202206 48.196 125.017 51.102
202209 50.512 125.227 53.468
202212 50.109 125.222 53.043
202303 48.087 127.348 50.053
202306 49.387 128.729 50.855
202309 51.614 129.860 52.685
202312 53.233 129.419 54.522
202403 52.180 131.776 52.488
202406 53.350 132.554 53.350

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.


Y C C Parts Manufacturing Co  (TPE:1339) 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.


Y C C Parts Manufacturing Co Cyclically Adjusted PB Ratio Related Terms

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


Y C C Parts Manufacturing Co Business Description

Traded in Other Exchanges
N/A
Address
No.8, Xingye Road, Lukang Township, ChangHua County, Lukang, TWN, 505
Y C C Parts Manufacturing Co Ltd is engaged in manufacturing and trading automobiles parts, import and export as well as operating and reinvesting related businesses. The company's products include Bumpers, Grilles, Head Lamp Mounting Panels, Valances, Head Lamps, and Others.

Y C C Parts Manufacturing Co Headlines

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