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JPP Holding Co (TPE:5284) Cyclically Adjusted PB Ratio : 3.67 (As of Apr. 30, 2024)


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What is JPP Holding Co Cyclically Adjusted PB Ratio?

As of today (2024-04-30), JPP Holding Co's current share price is NT$161.00. JPP Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was NT$43.88. JPP Holding Co's Cyclically Adjusted PB Ratio for today is 3.67.

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

TPE:5284' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.69   Med: 3.01   Max: 4.84
Current: 3.62

During the past years, JPP Holding Co's highest Cyclically Adjusted PB Ratio was 4.84. The lowest was 1.69. And the median was 3.01.

TPE:5284's Cyclically Adjusted PB Ratio is ranked worse than
80.26% of 1839 companies
in the Hardware industry
Industry Median: 1.59 vs TPE:5284: 3.62

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.

JPP Holding Co's adjusted book value per share data for the three months ended in Dec. 2023 was NT$49.013. 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$43.88 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


JPP Holding Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for JPP Holding 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.

JPP Holding Co Cyclically Adjusted PB Ratio Chart

JPP Holding 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 - - - 1.63 2.71

JPP Holding Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 - 1.63 3.31 3.04 2.71

Competitive Comparison of JPP Holding Co's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, JPP Holding 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.


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

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

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



JPP Holding 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=161.00/43.88
=3.67

* 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.

JPP Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, JPP Holding Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=49.013/129.4194*129.4194
=49.013

Current CPI (Dec. 2023) = 129.4194.

JPP Holding Co Quarterly Data

Book Value per Share CPI Adj_Book
201312 23.284 98.326 30.647
201403 0.000 99.695 0.000
201406 23.798 100.560 30.628
201409 25.481 100.428 32.837
201412 29.492 99.070 38.527
201503 30.387 99.621 39.476
201506 27.942 100.684 35.917
201509 29.508 100.392 38.040
201512 33.425 99.792 43.348
201603 34.734 100.470 44.742
201606 32.989 101.688 41.985
201609 33.476 101.861 42.533
201612 34.474 101.863 43.800
201703 34.769 102.862 43.746
201706 34.636 103.349 43.373
201709 36.662 104.136 45.563
201712 37.845 104.011 47.090
201803 39.825 105.290 48.952
201806 37.327 106.317 45.438
201809 39.417 106.507 47.897
201812 40.132 105.998 49.000
201903 41.959 107.251 50.632
201906 41.806 108.070 50.065
201909 42.681 108.329 50.990
201912 43.020 108.420 51.352
202003 40.746 108.902 48.423
202006 41.118 108.767 48.925
202009 39.982 109.815 47.120
202012 41.615 109.897 49.008
202103 41.147 111.754 47.651
202106 37.981 114.631 42.881
202109 36.643 115.734 40.976
202112 37.448 117.630 41.201
202203 39.718 121.301 42.376
202206 37.619 125.017 38.944
202209 39.441 125.227 40.762
202212 43.024 125.222 44.466
202306 45.002 128.729 45.243
202309 47.847 129.860 47.685
202312 49.013 129.419 49.013

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.


JPP Holding Co  (TPE:5284) 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.


JPP Holding Co Cyclically Adjusted PB Ratio Related Terms

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


JPP Holding Co (TPE:5284) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Songjiang Road, Room 1112, No. 152, Zhongshan District, Taipei City, TWN, 10458
JPP Holding Co Ltd produces various computerized and electronic control products for the aerospace, telecommunication, energy, health care, and manufacturing industries. Its products offerings comprise of Monitor Control Cabinet, Optical Fiber Communication System Cabinet, 3G Telecommunication Cabinet, Flight Control Computer, Mechanical parts for the cockpit electronics of aircraft with a full range of equipment, subsystems, and system for flight control, navigation, Motion Picture Projector, Surveillance system, Camera internal assembly components, Solar Power AC/DC Power Converter, Medical Display, Surgical Operation Table, Automatic Checkweighers, Metal Detector, Meat Analyzer, and others products.

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