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Eson Precision Ind Co (TPE:5243) Cyclically Adjusted PB Ratio : 1.58 (As of Jun. 11, 2024)


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What is Eson Precision Ind Co Cyclically Adjusted PB Ratio?

As of today (2024-06-11), Eson Precision Ind Co's current share price is NT$61.30. Eson Precision Ind Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$38.75. Eson Precision Ind Co's Cyclically Adjusted PB Ratio for today is 1.58.

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

TPE:5243' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.38   Med: 1.6   Max: 2.35
Current: 1.58

During the past years, Eson Precision Ind Co's highest Cyclically Adjusted PB Ratio was 2.35. The lowest was 1.38. And the median was 1.60.

TPE:5243's Cyclically Adjusted PB Ratio is ranked better than
51.87% of 1899 companies
in the Hardware industry
Industry Median: 1.65 vs TPE:5243: 1.58

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.

Eson Precision Ind Co's adjusted book value per share data for the three months ended in Mar. 2024 was NT$46.656. 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$38.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eson Precision Ind Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Eson Precision Ind 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.

Eson Precision Ind Co Cyclically Adjusted PB Ratio Chart

Eson Precision Ind 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 - - - 1.51 1.59

Eson Precision Ind 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 1.72 2.07 1.65 1.59 1.54

Competitive Comparison of Eson Precision Ind Co's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Eson Precision Ind 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.


Eson Precision Ind Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Eson Precision Ind Co's Cyclically Adjusted PB Ratio falls into.



Eson Precision Ind 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.

Eson Precision Ind Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=61.30/38.75
=1.58

* 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.

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

For example, Eson Precision Ind 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)
=46.656/115.2271*115.2271
=46.656

Current CPI (Mar. 2024) = 115.2271.

Eson Precision Ind Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 33.675 98.200 39.514
201409 35.097 98.900 40.891
201412 37.165 99.000 43.257
201503 37.011 99.900 42.689
201506 34.383 99.500 39.818
201509 34.746 100.500 39.838
201512 35.842 100.600 41.053
201603 35.880 102.200 40.454
201606 34.532 101.400 39.241
201609 33.836 102.400 38.074
201612 34.260 102.600 38.476
201703 33.113 103.200 36.972
201706 32.828 103.100 36.689
201709 33.765 104.100 37.374
201712 34.070 104.500 37.567
201803 34.728 105.300 38.002
201806 33.344 104.900 36.627
201809 33.465 106.600 36.173
201812 34.368 106.500 37.184
201903 35.569 107.700 38.055
201906 34.807 107.700 37.240
201909 34.901 109.800 36.626
201912 34.797 111.200 36.057
202003 34.405 112.300 35.302
202006 32.300 110.400 33.712
202009 33.559 111.700 34.619
202012 35.154 111.500 36.329
202103 35.669 112.662 36.481
202106 35.939 111.769 37.051
202109 34.774 112.215 35.707
202112 35.458 113.108 36.122
202203 37.560 114.335 37.853
202206 37.113 114.558 37.330
202209 39.895 115.339 39.856
202212 40.818 115.116 40.858
202303 42.537 115.116 42.578
202306 42.686 114.558 42.935
202309 44.781 115.339 44.738
202312 43.752 114.781 43.922
202403 46.656 115.227 46.656

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.


Eson Precision Ind Co  (TPE:5243) 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.


Eson Precision Ind Co Cyclically Adjusted PB Ratio Related Terms

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


Eson Precision Ind Co (TPE:5243) Business Description

Traded in Other Exchanges
N/A
Address
No. 88, Yuanfeng Road, High-tech Zone, Jiangsu, Kunshan, CHN
Eson Precision Ind Co Ltd mainly designs, develops, manufactures, and sells molds, plastics, hardware products, and new types of electronic components and flat-panel displays. The company operates in four segments which are Automobile mechanical parts, TV mechanical parts, Server mechanical parts, Molds, and others. The group operates in two principal geographical areas China, Asia, and the Americas.

Eson Precision Ind Co (TPE:5243) Headlines

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