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Primax Electronics (TPE:4915) Cyclically Adjusted PB Ratio : 2.17 (As of Jun. 02, 2025)


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What is Primax Electronics Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Primax Electronics's current share price is NT$75.70. Primax Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$34.84. Primax Electronics's Cyclically Adjusted PB Ratio for today is 2.17.

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

TPE:4915' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.81   Med: 2.14   Max: 3.37
Current: 2.24

During the past years, Primax Electronics's highest Cyclically Adjusted PB Ratio was 3.37. The lowest was 1.81. And the median was 2.14.

TPE:4915's Cyclically Adjusted PB Ratio is ranked worse than
60.14% of 1924 companies
in the Hardware industry
Industry Median: 1.66 vs TPE:4915: 2.24

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.

Primax Electronics's adjusted book value per share data for the three months ended in Mar. 2025 was NT$44.853. 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$34.84 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Primax Electronics Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Primax Electronics'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.

Primax Electronics Cyclically Adjusted PB Ratio Chart

Primax Electronics 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 2.09 2.18 1.89 2.14 2.24

Primax Electronics 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 2.56 2.84 2.70 2.24 2.38

Competitive Comparison of Primax Electronics's Cyclically Adjusted PB Ratio

For the Consumer Electronics subindustry, Primax Electronics'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.


Primax Electronics's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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


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Primax Electronics 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.

Primax Electronics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=75.70/34.84
=2.17

* 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.

Primax Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Primax Electronics'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)
=44.853/134.9266*134.9266
=44.853

Current CPI (Mar. 2025) = 134.9266.

Primax Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201506 20.634 100.684 27.652
201509 22.194 100.392 29.829
201512 23.642 99.792 31.966
201603 24.362 100.470 32.717
201606 22.876 101.688 30.353
201609 24.038 101.861 31.841
201612 24.879 101.863 32.955
201703 24.770 102.862 32.491
201706 23.926 103.349 31.236
201709 25.552 104.136 33.107
201712 25.545 104.011 33.138
201803 26.567 105.290 34.045
201806 23.986 106.317 30.441
201809 24.707 106.507 31.300
201812 25.982 105.998 33.073
201903 27.364 107.251 34.425
201906 25.647 108.070 32.021
201909 26.619 108.329 33.155
201912 27.438 108.420 34.146
202003 27.777 108.902 34.415
202006 26.048 108.767 32.313
202009 28.079 109.815 34.500
202012 29.470 109.897 36.182
202103 30.437 111.754 36.748
202106 28.526 114.631 33.576
202109 29.985 115.734 34.957
202112 31.137 117.630 35.716
202203 33.656 121.301 37.437
202206 32.249 125.017 34.805
202209 34.490 125.227 37.162
202212 35.670 125.222 38.434
202303 37.054 127.348 39.259
202306 34.005 128.729 35.642
202309 36.844 129.860 38.282
202312 36.748 129.419 38.312
202403 39.335 131.776 40.275
202406 37.440 132.554 38.110
202409 38.959 133.029 39.515
202412 42.588 133.157 43.154
202503 44.853 134.927 44.853

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.


Primax Electronics  (TPE:4915) 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.


Primax Electronics Cyclically Adjusted PB Ratio Related Terms

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


Primax Electronics Business Description

Traded in Other Exchanges
N/A
Address
No. 669, Ruey Kuang Road, Neihu District, Taipei, TWN, 11492
Primax Electronics Ltd is a manufacturer of components for mobile devices, personal computer peripherals, business equipment, and the digital home, that operates in two business segments; The division for computer peripherals specializes in the manufacture and sale of computer mice, keyboards, trackpads, etc. The division for non-computer peripherals specializes in the manufacture and sale of digital camera modules, mobile phone accessories, multi-function printers, scanners, shredders, amplifiers, speakers and audio systems, etc. The company derives the majority of its revenue from the non-computer peripherals segment. Geographically, it derives maximum revenue from China.

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