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Right Way Industrial Co (TPE:1506) Cyclically Adjusted PB Ratio : 1.17 (As of Jun. 03, 2025)


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What is Right Way Industrial Co Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Right Way Industrial Co's current share price is NT$11.70. Right Way Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$9.97. Right Way Industrial Co's Cyclically Adjusted PB Ratio for today is 1.17.

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

TPE:1506' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.41   Max: 2.2
Current: 1.18

During the past years, Right Way Industrial Co's highest Cyclically Adjusted PB Ratio was 2.20. The lowest was 0.93. And the median was 1.41.

TPE:1506's Cyclically Adjusted PB Ratio is ranked better than
51.41% of 990 companies
in the Vehicles & Parts industry
Industry Median: 1.25 vs TPE:1506: 1.18

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.

Right Way Industrial Co's adjusted book value per share data for the three months ended in Mar. 2025 was NT$9.395. 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$9.97 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Right Way Industrial Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Right Way 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.

Right Way Industrial Co Cyclically Adjusted PB Ratio Chart

Right Way Industrial Co 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 1.09 1.45 1.70 1.71 1.31

Right Way Industrial Co 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 1.58 1.70 1.53 1.31 1.33

Competitive Comparison of Right Way Industrial Co's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Right Way 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.


Right Way Industrial Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

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


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Right Way 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.

Right Way Industrial Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.70/9.97
=1.17

* 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.

Right Way Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Right Way Industrial Co'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)
=9.395/134.9266*134.9266
=9.395

Current CPI (Mar. 2025) = 134.9266.

Right Way Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 9.913 100.684 13.284
201509 10.008 100.392 13.451
201512 9.950 99.792 13.453
201603 10.159 100.470 13.643
201606 10.046 101.688 13.330
201609 9.821 101.861 13.009
201612 9.708 101.863 12.859
201703 9.718 102.862 12.747
201706 9.852 103.349 12.862
201709 9.801 104.136 12.699
201712 9.691 104.011 12.571
201803 9.922 105.290 12.715
201806 9.690 106.317 12.298
201809 9.694 106.507 12.281
201812 8.801 105.998 11.203
201903 8.741 107.251 10.997
201906 8.402 108.070 10.490
201909 7.418 108.329 9.239
201912 6.255 108.420 7.784
202003 5.676 108.902 7.032
202006 5.864 108.767 7.274
202009 5.477 109.815 6.729
202012 5.232 109.897 6.424
202103 5.157 111.754 6.226
202106 5.038 114.631 5.930
202109 5.044 115.734 5.880
202112 5.769 117.630 6.617
202203 5.920 121.301 6.585
202206 7.669 125.017 8.277
202209 7.836 125.227 8.443
202212 8.365 125.222 9.013
202303 8.874 127.348 9.402
202306 8.910 128.729 9.339
202309 8.994 129.860 9.345
202312 9.069 129.419 9.455
202403 8.916 131.776 9.129
202406 8.990 132.554 9.151
202409 9.133 133.029 9.263
202412 9.042 133.157 9.162
202503 9.395 134.927 9.395

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.


Right Way Industrial Co  (TPE:1506) 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.


Right Way Industrial Co Cyclically Adjusted PB Ratio Related Terms

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


Right Way Industrial Co Business Description

Traded in Other Exchanges
N/A
Address
No.1015, Zhongzheng West Road, Ta Chia Village, Jeng-Der Shiang, Tainan, TWN
Right Way Industrial Co Ltd operates in the auto parts industry. The company is engaged in the manufacturing and retail sale of engines, parts of automobiles and motorcycles, pistons, piston rings, and its accessories, components of steering systems, crankshafts, and machine tools. The company geographically operates in Taiwan, Eastern South Asia, China, and other countries.

Right Way Industrial Co Headlines

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