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Gemtek Technology Co (TPE:4906) Cyclically Adjusted PB Ratio : 1.03 (As of May. 22, 2024)


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What is Gemtek Technology Co Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Gemtek Technology Co's current share price is NT$35.40. Gemtek Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$34.27. Gemtek Technology Co's Cyclically Adjusted PB Ratio for today is 1.03.

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

TPE:4906' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.92   Max: 1.22
Current: 1.03

During the past years, Gemtek Technology Co's highest Cyclically Adjusted PB Ratio was 1.22. The lowest was 0.55. And the median was 0.92.

TPE:4906's Cyclically Adjusted PB Ratio is ranked better than
68.43% of 1869 companies
in the Hardware industry
Industry Median: 1.65 vs TPE:4906: 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.

Gemtek Technology Co's adjusted book value per share data for the three months ended in Mar. 2024 was NT$32.799. 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$34.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gemtek Technology Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gemtek Technology 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.

Gemtek Technology Co Cyclically Adjusted PB Ratio Chart

Gemtek Technology 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 0.88 1.04 1.03 0.83 1.02

Gemtek Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.92 0.98 1.07 1.02 1.00

Competitive Comparison of Gemtek Technology Co's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Gemtek Technology 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.


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

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

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



Gemtek Technology 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=35.40/34.27
=1.03

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=32.799/131.7762*131.7762
=32.799

Current CPI (Mar. 2024) = 131.7762.

Gemtek Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 27.183 100.560 35.621
201409 26.869 100.428 35.256
201412 27.907 99.070 37.120
201503 27.810 99.621 36.786
201506 27.157 100.684 35.543
201509 28.155 100.392 36.957
201512 28.037 99.792 37.023
201603 28.246 100.470 37.047
201606 27.923 101.688 36.185
201609 27.796 101.861 35.959
201612 28.160 101.863 36.430
201703 27.671 102.862 35.449
201706 26.403 103.349 33.665
201709 31.445 104.136 39.791
201712 29.599 104.011 37.500
201803 31.253 105.290 39.115
201806 27.150 106.317 33.652
201809 25.883 106.507 32.024
201812 24.499 105.998 30.457
201903 24.205 107.251 29.740
201906 23.678 108.070 28.872
201909 23.891 108.329 29.062
201912 23.586 108.420 28.667
202003 22.366 108.902 27.064
202006 22.450 108.767 27.199
202009 25.780 109.815 30.936
202012 26.242 109.897 31.467
202103 30.337 111.754 35.772
202106 32.209 114.631 37.026
202109 29.361 115.734 33.431
202112 31.929 117.630 35.769
202203 35.392 121.301 38.448
202206 34.058 125.017 35.899
202209 36.069 125.227 37.956
202212 33.126 125.222 34.860
202303 34.055 127.348 35.239
202306 31.961 128.729 32.718
202309 33.029 129.860 33.517
202312 32.089 129.419 32.673
202403 32.799 131.776 32.799

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.


Gemtek Technology Co  (TPE:4906) 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.


Gemtek Technology Co Cyclically Adjusted PB Ratio Related Terms

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


Gemtek Technology Co (TPE:4906) Business Description

Traded in Other Exchanges
N/A
Address
No.15-1 Zhonghua Road, Hsinchu Industrial Park, Hukuo, Jsinchen, TWN, 30352
Gemtek Technology Co Ltd is a provider of wireless broadband solutions. Its product portfolio consists of long-term evolution, digital home, voice over internet protocol, network camera, broadband, wireless networking, the system in package, and ultra-wideband. The company operates in the Taiwan region.

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