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De Licacy Industrial Co (TPE:1464) Cyclically Adjusted PB Ratio : 0.95 (As of Jun. 19, 2024)


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What is De Licacy Industrial Co Cyclically Adjusted PB Ratio?

As of today (2024-06-19), De Licacy Industrial Co's current share price is NT$14.30. De Licacy Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$15.03. De Licacy Industrial Co's Cyclically Adjusted PB Ratio for today is 0.95.

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

TPE:1464' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.85   Med: 1.15   Max: 2.13
Current: 0.97

During the past years, De Licacy Industrial Co's highest Cyclically Adjusted PB Ratio was 2.13. The lowest was 0.85. And the median was 1.15.

TPE:1464's Cyclically Adjusted PB Ratio is ranked better than
53.18% of 865 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.05 vs TPE:1464: 0.97

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.

De Licacy Industrial Co's adjusted book value per share data for the three months ended in Mar. 2024 was NT$12.785. 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$15.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


De Licacy Industrial Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for De Licacy Industrial 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.

De Licacy Industrial Co Cyclically Adjusted PB Ratio Chart

De Licacy Industrial 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 2.02 1.42 1.12 0.93 0.91

De Licacy Industrial 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 0.97 1.02 0.91 0.91 0.86

Competitive Comparison of De Licacy Industrial Co's Cyclically Adjusted PB Ratio

For the Textile Manufacturing subindustry, De Licacy Industrial 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.


De Licacy Industrial Co's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, De Licacy Industrial Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



De Licacy Industrial 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.

De Licacy Industrial Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.30/15.03
=0.95

* 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.

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

For example, De Licacy Industrial 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)
=12.785/131.7762*131.7762
=12.785

Current CPI (Mar. 2024) = 131.7762.

De Licacy Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.107 100.560 11.934
201409 9.225 100.428 12.105
201412 12.629 99.070 16.798
201503 12.767 99.621 16.888
201506 12.551 100.684 16.427
201509 13.024 100.392 17.096
201512 13.286 99.792 17.544
201603 14.083 100.470 18.471
201606 13.255 101.688 17.177
201609 13.338 101.861 17.255
201612 13.722 101.863 17.752
201703 13.390 102.862 17.154
201706 12.170 103.349 15.517
201709 13.709 104.136 17.348
201712 13.887 104.011 17.594
201803 13.705 105.290 17.153
201806 12.307 106.317 15.254
201809 12.177 106.507 15.066
201812 12.409 105.998 15.427
201903 12.882 107.251 15.828
201906 11.926 108.070 14.542
201909 13.352 108.329 16.242
201912 13.469 108.420 16.371
202003 13.558 108.902 16.406
202006 11.641 108.767 14.104
202009 11.741 109.815 14.089
202012 11.540 109.897 13.838
202103 11.698 111.754 13.794
202106 11.483 114.631 13.200
202109 11.352 115.734 12.925
202112 11.418 117.630 12.791
202203 12.086 121.301 13.130
202206 12.092 125.017 12.746
202209 12.958 125.227 13.636
202212 12.681 125.222 13.345
202303 12.830 127.348 13.276
202306 12.426 128.729 12.720
202309 12.771 129.860 12.959
202312 12.278 129.419 12.502
202403 12.785 131.776 12.785

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.


De Licacy Industrial Co  (TPE:1464) 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.


De Licacy Industrial Co Cyclically Adjusted PB Ratio Related Terms

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


De Licacy Industrial Co (TPE:1464) Business Description

Traded in Other Exchanges
N/A
Address
No.240, San Sher Li, Shin Shih District, Tainan, TWN, 744
De Licacy Industrial Co Ltd is a textile manufacturing company that offers high-quality functional fabrics; coating, lamination, and bonding fabrics. The company is engaged in manufacturing plaid cloth, blended cloth, jacquard cloth, bubble cloth, telescopic cloth, chemical fiber cloth, polyester cotton cloth, satin and other textile manufacturing dyeing and finishing processing and trading business. It manufactures and markets yarn dyed fabric in various materials including cotton, polyester, viscose rayon, tencel, lyocell, polynosic, modal, nylon, linen, and stretch which are used for manufacturing shirts, bottoms, suits, outerwear, sportswear and home textiles, among others. The company operates in Japan, Singapore, Hong Kong, Europe and North America along with Taiwan.

De Licacy Industrial Co (TPE:1464) Headlines

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