GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Far Eastern New Century Corp (TPE:1402) » Definitions » Cyclically Adjusted PB Ratio

Far Eastern New Century (TPE:1402) Cyclically Adjusted PB Ratio : 0.70 (As of Jun. 03, 2025)


View and export this data going back to 1967. Start your Free Trial

What is Far Eastern New Century Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Far Eastern New Century's current share price is NT$32.20. Far Eastern New Century's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$45.87. Far Eastern New Century's Cyclically Adjusted PB Ratio for today is 0.70.

The historical rank and industry rank for Far Eastern New Century's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:1402' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 0.77   Max: 1.04
Current: 0.72

During the past years, Far Eastern New Century's highest Cyclically Adjusted PB Ratio was 1.04. The lowest was 0.64. And the median was 0.77.

TPE:1402's Cyclically Adjusted PB Ratio is ranked better than
63.92% of 729 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.09 vs TPE:1402: 0.72

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.

Far Eastern New Century's adjusted book value per share data for the three months ended in Mar. 2025 was NT$44.586. 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$45.87 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Far Eastern New Century Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Far Eastern New Century'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.

Far Eastern New Century Cyclically Adjusted PB Ratio Chart

Far Eastern New Century Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.75 0.75 0.70 0.70

Far Eastern New Century Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.73 0.77 0.84 0.70 0.72

Competitive Comparison of Far Eastern New Century's Cyclically Adjusted PB Ratio

For the Textile Manufacturing subindustry, Far Eastern New Century'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.


Far Eastern New Century's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Far Eastern New Century's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Far Eastern New Century's Cyclically Adjusted PB Ratio falls into.


;
;

Far Eastern New Century 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.

Far Eastern New Century's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=32.20/45.87
=0.70

* 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.

Far Eastern New Century's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Far Eastern New Century's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=44.586/134.9266*134.9266
=44.586

Current CPI (Mar. 2025) = 134.9266.

Far Eastern New Century Quarterly Data

Book Value per Share CPI Adj_Book
201506 37.177 100.684 49.821
201509 37.632 100.392 50.578
201512 36.855 99.792 49.831
201603 36.540 100.470 49.071
201606 35.569 101.688 47.195
201609 35.478 101.861 46.995
201612 35.666 101.863 47.243
201703 35.558 102.862 46.642
201706 35.177 103.349 45.925
201709 35.875 104.136 46.483
201712 36.315 104.011 47.109
201803 37.329 105.290 47.836
201806 37.301 106.317 47.339
201809 37.776 106.507 47.856
201812 38.029 105.998 48.408
201903 38.815 107.251 48.831
201906 37.670 108.070 47.032
201909 37.869 108.329 47.167
201912 38.213 108.420 47.555
202003 38.124 108.902 47.235
202006 36.913 108.767 45.791
202009 37.534 109.815 46.117
202012 38.121 109.897 46.803
202103 38.584 111.754 46.584
202106 37.858 114.631 44.561
202109 38.165 115.734 44.494
202112 38.499 117.630 44.160
202203 39.665 121.301 44.121
202206 38.543 125.017 41.598
202209 39.417 125.227 42.470
202212 39.055 125.222 42.082
202303 39.463 127.348 41.812
202306 39.661 128.729 41.571
202309 40.656 129.860 42.242
202312 42.075 129.419 43.865
202403 43.168 131.776 44.200
202406 42.841 132.554 43.608
202409 43.059 133.029 43.673
202412 43.671 133.157 44.251
202503 44.586 134.927 44.586

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.


Far Eastern New Century  (TPE:1402) 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.


Far Eastern New Century Cyclically Adjusted PB Ratio Related Terms

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


Far Eastern New Century Business Description

Traded in Other Exchanges
N/A
Address
No. 207, Tun Hwa South Road, 36th Floor, Taipei Metro Tower, Section 2, Taipei, TWN
Far Eastern New Century Corp is a Taiwan-based industrial holding company with operations that span Taiwan, China and overseas. The company is organized into a business that includes manufacturing and selling polyester materials and semi-finished and finished textiles such as cotton, synthetic or blended fabrics, towels and bed sheets, and woven and knitted garments; PET (polyethylene terephthalate) bottles and sheets; and natural, synthetic or blended yarns and polyester textured yarns. It also does yarn, silk and cloth printing and dyeing. Its operating segments include: Investments in production business, which derives key revenue; telecommunication services business; property development business; investment; and other business.

Far Eastern New Century Headlines

No Headlines