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Geovision (TPE:3356) Cyclically Adjusted PB Ratio : 2.57 (As of Sep. 20, 2024)


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What is Geovision Cyclically Adjusted PB Ratio?

As of today (2024-09-20), Geovision's current share price is NT$60.80. Geovision's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was NT$23.67. Geovision's Cyclically Adjusted PB Ratio for today is 2.57.

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

TPE:3356' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.56   Max: 3.1
Current: 2.67

During the past years, Geovision's highest Cyclically Adjusted PB Ratio was 3.10. The lowest was 0.83. And the median was 1.56.

TPE:3356's Cyclically Adjusted PB Ratio is ranked worse than
70.67% of 641 companies
in the Business Services industry
Industry Median: 1.58 vs TPE:3356: 2.67

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.

Geovision's adjusted book value per share data for the three months ended in Jun. 2024 was NT$24.714. 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$23.67 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Geovision Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Geovision'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.

Geovision Cyclically Adjusted PB Ratio Chart

Geovision 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 1.49 1.65 1.44 1.68 1.90

Geovision 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 2.49 1.99 1.90 2.20 2.87

Competitive Comparison of Geovision's Cyclically Adjusted PB Ratio

For the Security & Protection Services subindustry, Geovision'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.


Geovision's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Geovision's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Geovision 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.

Geovision's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=60.80/23.67
=2.57

* 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.

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

For example, Geovision'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)
=24.714/132.5538*132.5538
=24.714

Current CPI (Jun. 2024) = 132.5538.

Geovision Quarterly Data

Book Value per Share CPI Adj_Book
201409 20.651 100.428 27.257
201412 22.232 99.070 29.746
201503 23.020 99.621 30.630
201506 19.677 100.684 25.905
201509 21.402 100.392 28.259
201512 21.957 99.792 29.165
201603 22.440 100.470 29.606
201606 19.666 101.688 25.635
201609 19.614 101.861 25.524
201612 19.556 101.863 25.448
201703 18.508 102.862 23.850
201706 17.574 103.349 22.540
201709 17.549 104.136 22.338
201712 16.741 104.011 21.335
201803 15.952 105.290 20.083
201806 16.864 106.317 21.026
201809 17.518 106.507 21.802
201812 17.602 105.998 22.012
201903 17.830 107.251 22.037
201906 18.273 108.070 22.413
201909 18.340 108.329 22.441
201912 17.815 108.420 21.781
202003 18.304 108.902 22.279
202006 18.156 108.767 22.127
202009 18.601 109.815 22.453
202012 19.459 109.897 23.471
202103 19.937 111.754 23.648
202106 20.374 114.631 23.559
202109 19.601 115.734 22.450
202112 20.266 117.630 22.837
202203 20.980 121.301 22.926
202206 19.647 125.017 20.831
202209 20.443 125.227 21.639
202212 20.725 125.222 21.938
202303 20.313 127.348 21.143
202306 21.463 128.729 22.101
202309 21.946 129.860 22.401
202312 22.512 129.419 23.057
202403 22.371 131.776 22.503
202406 24.714 132.554 24.714

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.


Geovision  (TPE:3356) 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.


Geovision Cyclically Adjusted PB Ratio Related Terms

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


Geovision Business Description

Traded in Other Exchanges
N/A
Address
9F, 246 Neihu Road Section 1, Neihu Chiu, Taipei, TWN, 114
Geovision Inc is a Taiwan based company, engages in the manufacture and distribution of digital monitoring systems and solutions. Its products include digital monitoring systems, network monitoring video recorders, internet protocol camera, image servers, intelligent analyzing software and central monitoring software. Geographically the company caters its services to domestic market and to overseas markets.

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