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Kwong Fong Industries (TPE:1416) Cyclically Adjusted PB Ratio : 0.47 (As of May. 01, 2025)


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What is Kwong Fong Industries Cyclically Adjusted PB Ratio?

As of today (2025-05-01), Kwong Fong Industries's current share price is NT$12.35. Kwong Fong Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was NT$26.07. Kwong Fong Industries's Cyclically Adjusted PB Ratio for today is 0.47.

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

TPE:1416' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.43   Max: 0.57
Current: 0.47

During the past years, Kwong Fong Industries's highest Cyclically Adjusted PB Ratio was 0.57. The lowest was 0.36. And the median was 0.43.

TPE:1416's Cyclically Adjusted PB Ratio is ranked better than
87.72% of 1392 companies
in the Software industry
Industry Median: 2.6 vs TPE:1416: 0.47

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.

Kwong Fong Industries's adjusted book value per share data for the three months ended in Dec. 2024 was NT$23.099. 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$26.07 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kwong Fong Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kwong Fong Industries'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.

Kwong Fong Industries Cyclically Adjusted PB Ratio Chart

Kwong Fong Industries 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 0.45 0.42 0.37 0.44 0.50

Kwong Fong Industries Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.44 0.46 0.45 0.50 0.50

Competitive Comparison of Kwong Fong Industries's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Kwong Fong Industries'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.


Kwong Fong Industries's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Kwong Fong Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kwong Fong Industries's Cyclically Adjusted PB Ratio falls into.


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Kwong Fong Industries 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.

Kwong Fong Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.35/26.07
=0.47

* 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.

Kwong Fong Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Kwong Fong Industries's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=23.099/133.1571*133.1571
=23.099

Current CPI (Dec. 2024) = 133.1571.

Kwong Fong Industries Quarterly Data

Book Value per Share CPI Adj_Book
201503 27.211 99.621 36.371
201506 25.984 100.684 34.365
201509 28.012 100.392 37.155
201512 22.029 99.792 29.394
201603 26.190 100.470 34.711
201606 27.576 101.688 36.110
201609 24.962 101.861 32.631
201612 24.329 101.863 31.803
201703 24.348 102.862 31.519
201706 21.628 103.349 27.866
201709 22.642 104.136 28.952
201712 22.789 104.011 29.175
201803 22.983 105.290 29.066
201806 22.057 106.317 27.625
201809 22.078 106.507 27.602
201812 22.912 105.998 28.783
201903 23.016 107.251 28.576
201906 21.852 108.070 26.925
201909 21.563 108.329 26.505
201912 21.085 108.420 25.896
202003 21.016 108.902 25.697
202006 19.543 108.767 23.925
202009 19.007 109.815 23.047
202012 19.127 109.897 23.175
202103 18.988 111.754 22.624
202106 18.944 114.631 22.006
202109 18.308 115.734 21.064
202112 18.381 117.630 20.807
202203 19.500 121.301 21.406
202206 19.511 125.017 20.781
202209 19.369 125.227 20.596
202212 19.481 125.222 20.716
202303 19.364 127.348 20.247
202306 19.760 128.729 20.440
202309 19.236 129.860 19.724
202312 18.854 129.419 19.399
202403 20.095 131.776 20.306
202406 21.099 132.554 21.195
202409 21.423 133.029 21.444
202412 23.099 133.157 23.099

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.


Kwong Fong Industries  (TPE:1416) 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.


Kwong Fong Industries Cyclically Adjusted PB Ratio Related Terms

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


Kwong Fong Industries Business Description

Traded in Other Exchanges
N/A
Address
Section 2, Dunhua South Road, 28th Floor, No. 97, Daan District, Taipei, TWN
Kwong Fong Industries Corp is engaged in the textile industry importing and exporting home textiles and sales business. The company focuses on housing and building development and rental, real estate business, mall management, information software services, and electronic information supply services.

Kwong Fong Industries Headlines

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