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Stark Technology (TPE:2480) Cyclically Adjusted PB Ratio : 4.29 (As of Sep. 22, 2024)


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What is Stark Technology Cyclically Adjusted PB Ratio?

As of today (2024-09-22), Stark Technology's current share price is NT$123.50. Stark Technology's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was NT$28.82. Stark Technology's Cyclically Adjusted PB Ratio for today is 4.29.

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

TPE:2480' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.2   Med: 3.03   Max: 4.66
Current: 4.29

During the past years, Stark Technology's highest Cyclically Adjusted PB Ratio was 4.66. The lowest was 2.20. And the median was 3.03.

TPE:2480's Cyclically Adjusted PB Ratio is ranked worse than
84.31% of 1664 companies
in the Hardware industry
Industry Median: 1.74 vs TPE:2480: 4.29

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.

Stark Technology's adjusted book value per share data for the three months ended in Jun. 2024 was NT$28.464. 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$28.82 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stark Technology Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Stark Technology'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.

Stark Technology Cyclically Adjusted PB Ratio Chart

Stark Technology 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 2.32 2.82 2.87 3.17 4.29

Stark Technology Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 4.10 4.09 4.29 4.50 4.09

Competitive Comparison of Stark Technology's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Stark Technology'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.


Stark Technology's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Stark Technology 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.

Stark Technology's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=123.50/28.82
=4.29

* 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.

Stark Technology's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Stark Technology's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=28.464/132.5538*132.5538
=28.464

Current CPI (Jun. 2024) = 132.5538.

Stark Technology Quarterly Data

Book Value per Share CPI Adj_Book
201409 20.508 100.428 27.068
201412 20.820 99.070 27.857
201503 21.427 99.621 28.510
201506 19.884 100.684 26.178
201509 20.240 100.392 26.724
201512 20.861 99.792 27.710
201603 21.262 100.470 28.052
201606 19.675 101.688 25.647
201609 20.175 101.861 26.254
201612 20.638 101.863 26.856
201703 21.222 102.862 27.348
201706 19.733 103.349 25.309
201709 23.080 104.136 29.378
201712 23.779 104.011 30.304
201803 24.878 105.290 31.320
201806 23.143 106.317 28.854
201809 23.752 106.507 29.561
201812 24.817 105.998 31.034
201903 26.418 107.251 32.651
201906 24.147 108.070 29.618
201909 25.317 108.329 30.978
201912 26.304 108.420 32.159
202003 23.070 108.902 28.081
202006 24.229 108.767 29.528
202009 25.274 109.815 30.507
202012 26.598 109.897 32.082
202103 23.676 111.754 28.083
202106 24.945 114.631 28.845
202109 26.241 115.734 30.055
202112 28.393 117.630 31.995
202203 24.505 121.301 26.778
202206 25.753 125.017 27.306
202209 27.446 125.227 29.052
202212 29.384 125.222 31.104
202303 25.314 127.348 26.349
202306 27.007 128.729 27.809
202309 28.969 129.860 29.570
202312 30.744 129.419 31.489
202403 26.235 131.776 26.390
202406 28.464 132.554 28.464

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.


Stark Technology  (TPE:2480) 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.


Stark Technology Cyclically Adjusted PB Ratio Related Terms

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


Stark Technology Business Description

Industry
Traded in Other Exchanges
N/A
Address
Dongda Road, 12th Floor-1, No 83, Section.2, Hsinchu, TWN
Stark Technology Inc provides a range of system integration solutions in the areas of technical know-how of worldly IT products, the design, planning, and implementation of IT infrastructure, and IT Professional Services.

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