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Abocom Systems (TPE:2444) Cyclically Adjusted PB Ratio : 1.06 (As of May. 01, 2025)


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What is Abocom Systems Cyclically Adjusted PB Ratio?

As of today (2025-05-01), Abocom Systems's current share price is NT$12.35. Abocom Systems's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was NT$11.68. Abocom Systems's Cyclically Adjusted PB Ratio for today is 1.06.

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

TPE:2444' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.87   Med: 1.18   Max: 1.96
Current: 1.03

During the past years, Abocom Systems's highest Cyclically Adjusted PB Ratio was 1.96. The lowest was 0.87. And the median was 1.18.

TPE:2444's Cyclically Adjusted PB Ratio is ranked better than
64.54% of 1898 companies
in the Hardware industry
Industry Median: 1.54 vs TPE:2444: 1.03

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.

Abocom Systems's adjusted book value per share data for the three months ended in Dec. 2024 was NT$9.423. 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$11.68 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Abocom Systems Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Abocom Systems'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.

Abocom Systems Cyclically Adjusted PB Ratio Chart

Abocom Systems 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 1.19 1.20 1.38 1.12 1.62

Abocom Systems 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 1.12 0.98 1.15 1.25 1.62

Competitive Comparison of Abocom Systems's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Abocom Systems'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.


Abocom Systems's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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


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Abocom Systems 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.

Abocom Systems's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.35/11.68
=1.06

* 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.

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

For example, Abocom Systems'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)
=9.423/133.1571*133.1571
=9.423

Current CPI (Dec. 2024) = 133.1571.

Abocom Systems Quarterly Data

Book Value per Share CPI Adj_Book
201503 11.151 99.621 14.905
201506 9.444 100.684 12.490
201509 9.893 100.392 13.122
201512 10.666 99.792 14.232
201603 10.976 100.470 14.547
201606 11.140 101.688 14.587
201609 11.218 101.861 14.665
201612 11.088 101.863 14.494
201703 10.933 102.862 14.153
201706 10.729 103.349 13.823
201709 11.530 104.136 14.743
201712 11.413 104.011 14.611
201803 11.086 105.290 14.020
201806 10.211 106.317 12.789
201809 10.122 106.507 12.655
201812 9.737 105.998 12.232
201903 9.420 107.251 11.695
201906 9.180 108.070 11.311
201909 9.332 108.329 11.471
201912 9.465 108.420 11.625
202003 9.470 108.902 11.579
202006 8.407 108.767 10.292
202009 8.467 109.815 10.267
202012 8.499 109.897 10.298
202103 8.207 111.754 9.779
202106 8.248 114.631 9.581
202109 8.356 115.734 9.614
202112 8.588 117.630 9.722
202203 8.897 121.301 9.767
202206 8.891 125.017 9.470
202209 9.392 125.227 9.987
202212 9.780 125.222 10.400
202303 9.821 127.348 10.269
202306 9.405 128.729 9.729
202309 9.832 129.860 10.082
202312 9.653 129.419 9.932
202403 9.726 131.776 9.828
202406 9.554 132.554 9.597
202409 9.250 133.029 9.259
202412 9.423 133.157 9.423

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.


Abocom Systems  (TPE:2444) 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.


Abocom Systems Cyclically Adjusted PB Ratio Related Terms

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


Abocom Systems Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 50-8, Scientific Research Road, 2nd Floor, Hsinchu Science Park, Zhunan Township, Miaoli County, TWN
Abocom Systems Inc is a tele-communication company engaged in research, development, production, manufacturing and sale of various digital and data network communication and information, audio-video electronics, memories, and peripherals of laptop computers. It is involved in designing, developing and manufacturing various RF / Microwave and networking solution. It also provides mobile and SOHO data communication solutions. The Company operates in four segments that include Netcom, Memory, Advanced Laser, and IoT. Its products include video transmission, switch, video server, PCI, Modem, USB, and AP Router, among others.

Abocom Systems Headlines

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