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Universal Microelectronics Co (TPE:2413) Cyclically Adjusted PB Ratio : 1.38 (As of Jan. 18, 2025)


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What is Universal Microelectronics Co Cyclically Adjusted PB Ratio?

As of today (2025-01-18), Universal Microelectronics Co's current share price is NT$22.95. Universal Microelectronics Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was NT$16.59. Universal Microelectronics Co's Cyclically Adjusted PB Ratio for today is 1.38.

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

TPE:2413' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 1.39   Max: 2.44
Current: 1.42

During the past years, Universal Microelectronics Co's highest Cyclically Adjusted PB Ratio was 2.44. The lowest was 0.55. And the median was 1.39.

TPE:2413's Cyclically Adjusted PB Ratio is ranked better than
60.91% of 1686 companies
in the Hardware industry
Industry Median: 1.84 vs TPE:2413: 1.42

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.

Universal Microelectronics Co's adjusted book value per share data for the three months ended in Sep. 2024 was NT$8.720. 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$16.59 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Universal Microelectronics Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Universal Microelectronics 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.

Universal Microelectronics Co Cyclically Adjusted PB Ratio Chart

Universal Microelectronics 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 1.07 1.60 1.41 1.48 1.72

Universal Microelectronics Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.64 1.72 1.54 1.43 1.27

Competitive Comparison of Universal Microelectronics Co's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Universal Microelectronics 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.


Universal Microelectronics Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Universal Microelectronics Co's Cyclically Adjusted PB Ratio falls into.



Universal Microelectronics 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.

Universal Microelectronics Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=22.95/16.59
=1.38

* 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.

Universal Microelectronics Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Universal Microelectronics Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=8.72/133.0289*133.0289
=8.720

Current CPI (Sep. 2024) = 133.0289.

Universal Microelectronics Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 15.408 99.070 20.690
201503 15.572 99.621 20.794
201506 15.563 100.684 20.563
201509 15.886 100.392 21.051
201512 15.980 99.792 21.302
201603 16.232 100.470 21.492
201606 15.573 101.688 20.373
201609 15.698 101.861 20.501
201612 16.042 101.863 20.950
201703 14.552 102.862 18.820
201706 14.497 103.349 18.660
201709 14.522 104.136 18.551
201712 13.417 104.011 17.160
201803 13.823 105.290 17.465
201806 13.958 106.317 17.465
201809 13.628 106.507 17.022
201812 13.546 105.998 17.000
201903 13.694 107.251 16.985
201906 13.130 108.070 16.162
201909 12.775 108.329 15.688
201912 12.250 108.420 15.030
202003 11.416 108.902 13.945
202006 11.376 108.767 13.914
202009 11.889 109.815 14.402
202012 12.515 109.897 15.149
202103 12.811 111.754 15.250
202106 12.383 114.631 14.370
202109 12.583 115.734 14.463
202112 14.644 117.630 16.561
202203 14.564 121.301 15.972
202206 14.829 125.017 15.779
202209 15.361 125.227 16.318
202212 16.052 125.222 17.053
202303 16.420 127.348 17.153
202306 15.763 128.729 16.290
202309 16.538 129.860 16.942
202312 9.164 129.419 9.420
202403 9.259 131.776 9.347
202406 8.971 132.554 9.003
202409 8.720 133.029 8.720

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.


Universal Microelectronics Co  (TPE:2413) 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.


Universal Microelectronics Co Cyclically Adjusted PB Ratio Related Terms

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


Universal Microelectronics Co Business Description

Traded in Other Exchanges
N/A
Address
3, 27th Road Taichung Industrial Park, Taichung, TWN
Universal Microelectronics Co Ltd is engaged in the manufacturing and selling computer peripherals, connectors, wires, and other parts. Its operating segments include the Magnetic component & power product department, Information and communication product department, Optical communication product office, and Others.

Universal Microelectronics Co Headlines

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