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Asustek Computer (TPE:2357) Cyclically Adjusted PB Ratio : 1.87 (As of May. 01, 2025)


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What is Asustek Computer Cyclically Adjusted PB Ratio?

As of today (2025-05-01), Asustek Computer's current share price is NT$580.00. Asustek Computer's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was NT$310.99. Asustek Computer's Cyclically Adjusted PB Ratio for today is 1.87.

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

TPE:2357' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.22   Max: 2.28
Current: 1.9

During the past years, Asustek Computer's highest Cyclically Adjusted PB Ratio was 2.28. The lowest was 0.81. And the median was 1.22.

TPE:2357's Cyclically Adjusted PB Ratio is ranked worse than
56.43% of 1898 companies
in the Hardware industry
Industry Median: 1.54 vs TPE:2357: 1.90

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.

Asustek Computer's adjusted book value per share data for the three months ended in Dec. 2024 was NT$362.889. 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$310.99 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asustek Computer Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Asustek Computer'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.

Asustek Computer Cyclically Adjusted PB Ratio Chart

Asustek Computer 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 1.12 1.50 0.97 1.67 1.98

Asustek Computer 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 1.67 1.41 1.63 1.79 1.98

Competitive Comparison of Asustek Computer's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Asustek Computer'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.


Asustek Computer's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Asustek Computer's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Asustek Computer's Cyclically Adjusted PB Ratio falls into.


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Asustek Computer 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.

Asustek Computer's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=580.00/310.99
=1.87

* 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.

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

For example, Asustek Computer'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)
=362.889/133.1571*133.1571
=362.889

Current CPI (Dec. 2024) = 133.1571.

Asustek Computer Quarterly Data

Book Value per Share CPI Adj_Book
201503 233.398 99.621 311.968
201506 220.479 100.684 291.589
201509 225.480 100.392 299.072
201512 225.311 99.792 300.642
201603 232.360 100.470 307.955
201606 222.083 101.688 290.810
201609 238.260 101.861 311.464
201612 244.339 101.863 319.405
201703 251.539 102.862 325.622
201706 234.040 103.349 301.542
201709 235.219 104.136 300.772
201712 235.802 104.011 301.878
201803 238.512 105.290 301.640
201806 221.990 106.317 278.033
201809 228.149 106.507 285.237
201812 217.251 105.998 272.916
201903 227.812 107.251 282.841
201906 216.449 108.070 266.696
201909 225.522 108.329 277.209
201912 238.112 108.420 292.439
202003 226.007 108.902 276.345
202006 231.108 108.767 282.931
202009 247.404 109.815 299.992
202012 271.642 109.897 329.137
202103 291.867 111.754 347.764
202106 273.974 114.631 318.251
202109 291.272 115.734 335.120
202112 312.794 117.630 354.084
202203 331.012 121.301 363.365
202206 281.842 125.017 300.194
202209 291.393 125.227 309.847
202212 285.934 125.222 304.054
202303 295.024 127.348 308.482
202306 295.265 128.729 305.422
202309 313.531 129.860 321.493
202312 322.871 129.419 332.196
202403 350.156 131.776 353.825
202406 354.278 132.554 355.890
202409 358.251 133.029 358.596
202412 362.889 133.157 362.889

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.


Asustek Computer  (TPE:2357) 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.


Asustek Computer Cyclically Adjusted PB Ratio Related Terms

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


Asustek Computer Business Description

Industry
Traded in Other Exchanges
Address
No.15, Li-Te Road, Peitou, Taipei, TWN
Asustek Computer Inc is a computer hardware and electronics company producing and selling 3C products including PCs, mainboards other boards and cards, tablet PCs, smartphones, and other handheld devices, etc. The company operates in Taiwan, China, Singapore, Europe, the United States, and other countries. Its segment includes BC Brand and Others.

Asustek Computer Headlines

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