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Shin Zu Shing Co (TPE:3376) Cyclically Adjusted PB Ratio : 1.97 (As of Jun. 03, 2025)


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What is Shin Zu Shing Co Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Shin Zu Shing Co's current share price is NT$173.50. Shin Zu Shing Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$88.20. Shin Zu Shing Co's Cyclically Adjusted PB Ratio for today is 1.97.

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

TPE:3376' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.81   Max: 3.31
Current: 2.04

During the past years, Shin Zu Shing Co's highest Cyclically Adjusted PB Ratio was 3.31. The lowest was 0.94. And the median was 1.81.

TPE:3376's Cyclically Adjusted PB Ratio is ranked better than
50.07% of 2159 companies
in the Industrial Products industry
Industry Median: 2.04 vs TPE:3376: 2.04

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.

Shin Zu Shing Co's adjusted book value per share data for the three months ended in Mar. 2025 was NT$93.099. 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$88.20 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shin Zu Shing Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Shin Zu Shing 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.

Shin Zu Shing Co Cyclically Adjusted PB Ratio Chart

Shin Zu Shing Co 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 2.00 1.31 1.02 1.47 2.42

Shin Zu Shing Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.16 2.84 2.29 2.42 2.55

Competitive Comparison of Shin Zu Shing Co's Cyclically Adjusted PB Ratio

For the Metal Fabrication subindustry, Shin Zu Shing 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.


Shin Zu Shing Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shin Zu Shing Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shin Zu Shing Co's Cyclically Adjusted PB Ratio falls into.


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Shin Zu Shing 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.

Shin Zu Shing Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=173.50/88.20
=1.97

* 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.

Shin Zu Shing Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Shin Zu Shing Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=93.099/134.9266*134.9266
=93.099

Current CPI (Mar. 2025) = 134.9266.

Shin Zu Shing Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 58.621 100.684 78.558
201509 62.505 100.392 84.007
201512 64.084 99.792 86.646
201603 64.912 100.470 87.173
201606 61.407 101.688 81.479
201609 62.084 101.861 82.237
201612 64.693 101.863 85.692
201703 64.095 102.862 84.075
201706 62.878 103.349 82.090
201709 64.796 104.136 83.955
201712 65.804 104.011 85.363
201803 66.410 105.290 85.103
201806 65.606 106.317 83.261
201809 67.366 106.507 85.342
201812 69.899 105.998 88.976
201903 71.350 107.251 89.762
201906 69.167 108.070 86.356
201909 71.162 108.329 88.634
201912 72.998 108.420 90.845
202003 74.475 108.902 92.273
202006 71.553 108.767 88.762
202009 77.935 109.815 95.757
202012 81.281 109.897 99.793
202103 82.852 111.754 100.031
202106 84.112 114.631 99.004
202109 78.318 115.734 91.306
202112 80.046 117.630 91.817
202203 82.453 121.301 91.715
202206 79.329 125.017 85.617
202209 83.535 125.227 90.006
202212 83.935 125.222 90.440
202303 84.674 127.348 89.713
202306 79.433 128.729 83.257
202309 81.625 129.860 84.810
202312 82.205 129.419 85.703
202403 84.420 131.776 86.438
202406 82.765 132.554 84.247
202409 90.226 133.029 91.513
202412 91.794 133.157 93.014
202503 93.099 134.927 93.099

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.


Shin Zu Shing Co  (TPE:3376) 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.


Shin Zu Shing Co Cyclically Adjusted PB Ratio Related Terms

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


Shin Zu Shing Co Business Description

Traded in Other Exchanges
N/A
Address
No. 174, Junying Street, Shulin District, New Taipei City, TWN, 238
Shin Zu Shing Co Ltd is engaged in research and development, design, production, assembly, testing, manufacturing, and sales of various precision springs, stamping parts, hinge components, and metal injection molding (MIM). It is committed to developing various hinge components to be used in various notebook computers, LCD monitors, digital cameras, and other electronic product parts etc. The group's reportable operating segments are Hinge products, which derive key revenue, Milling products, and MIM products. Geographically, it generates maximum revenue from Asia (excluding Taiwan), followed by Taiwan, America, and Europe.

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