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Eastech Holding (TPE:5225) Cyclically Adjusted PB Ratio : 3.32 (As of Jun. 18, 2024)


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What is Eastech Holding Cyclically Adjusted PB Ratio?

As of today (2024-06-18), Eastech Holding's current share price is NT$108.50. Eastech Holding's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$32.70. Eastech Holding's Cyclically Adjusted PB Ratio for today is 3.32.

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

TPE:5225' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.34   Max: 3.78
Current: 3.35

During the past years, Eastech Holding's highest Cyclically Adjusted PB Ratio was 3.78. The lowest was 0.67. And the median was 1.34.

TPE:5225's Cyclically Adjusted PB Ratio is ranked worse than
76.66% of 1902 companies
in the Hardware industry
Industry Median: 1.67 vs TPE:5225: 3.35

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.

Eastech Holding's adjusted book value per share data for the three months ended in Mar. 2024 was NT$36.787. 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$32.70 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eastech Holding Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Eastech Holding'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.

Eastech Holding Cyclically Adjusted PB Ratio Chart

Eastech Holding 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 - - - 1.16 1.87

Eastech Holding 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 1.27 1.45 1.83 1.87 3.67

Competitive Comparison of Eastech Holding's Cyclically Adjusted PB Ratio

For the Consumer Electronics subindustry, Eastech Holding'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.


Eastech Holding's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Eastech Holding 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.

Eastech Holding's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=108.50/32.7
=3.32

* 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.

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

For example, Eastech Holding'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)
=36.787/131.7762*131.7762
=36.787

Current CPI (Mar. 2024) = 131.7762.

Eastech Holding Quarterly Data

Book Value per Share CPI Adj_Book
201406 26.145 100.560 34.261
201409 28.339 100.428 37.185
201412 30.348 99.070 40.367
201503 30.017 99.621 39.706
201506 24.931 100.684 32.630
201509 27.723 100.392 36.390
201512 27.352 99.792 36.118
201603 27.308 100.470 35.817
201606 23.355 101.688 30.265
201609 24.037 101.861 31.096
201612 24.261 101.863 31.386
201703 22.742 102.862 29.135
201706 21.704 103.349 27.674
201709 23.637 104.136 29.911
201712 25.020 104.011 31.699
201803 24.760 105.290 30.989
201806 23.636 106.317 29.296
201809 26.303 106.507 32.544
201812 27.671 105.998 34.400
201903 29.067 107.251 35.714
201906 28.843 108.070 35.170
201909 31.656 108.329 38.508
201912 30.670 108.420 37.277
202003 25.804 108.902 31.224
202006 23.873 108.767 28.923
202009 24.029 109.815 28.834
202012 19.373 109.897 23.230
202103 17.206 111.754 20.289
202106 17.468 114.631 20.081
202109 19.240 115.734 21.907
202112 27.273 117.630 30.553
202203 27.643 121.301 30.030
202206 29.404 125.017 30.994
202209 35.509 125.227 37.366
202212 35.843 125.222 37.719
202303 33.363 127.348 34.523
202306 35.834 128.729 36.682
202309 40.002 129.860 40.592
202312 39.950 129.419 40.678
202403 36.787 131.776 36.787

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.


Eastech Holding  (TPE:5225) 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.


Eastech Holding Cyclically Adjusted PB Ratio Related Terms

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


Eastech Holding (TPE:5225) Business Description

Industry
Traded in Other Exchanges
N/A
Address
8F-1, No. 188, Baoqiao Road, Xindian District, New Taipei City, TWN, 23145
Eastech Holding Ltd is engaged in the design and manufacturing of acoustics, electronics, hardware, software, and systems engineering. Its transducers catalog covers standard design transducers, headphones and earphone transducers, scan-speak designed transducers, and others. The company offered products have applications in voice control products, Bluetooth systems, Wi-Fi systems, multi-channel sound systems, soundbar systems, active and passive speakers, home speakers, and headphones, among others. Geographically, the company operates in South Korea, Japan, China, Sweden, Denmark, and others and it derives a majority of its revenue from South Korea.

Eastech Holding (TPE:5225) Headlines

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