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Farglory Land Development Co (TPE:5522) Cyclically Adjusted PB Ratio : 1.27 (As of Mar. 04, 2025)


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What is Farglory Land Development Co Cyclically Adjusted PB Ratio?

As of today (2025-03-04), Farglory Land Development Co's current share price is NT$79.20. Farglory Land Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was NT$62.53. Farglory Land Development Co's Cyclically Adjusted PB Ratio for today is 1.27.

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

TPE:5522' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 0.99   Max: 1.51
Current: 1.25

During the past years, Farglory Land Development Co's highest Cyclically Adjusted PB Ratio was 1.51. The lowest was 0.64. And the median was 0.99.

TPE:5522's Cyclically Adjusted PB Ratio is ranked worse than
72.08% of 1268 companies
in the Real Estate industry
Industry Median: 0.65 vs TPE:5522: 1.25

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.

Farglory Land Development Co's adjusted book value per share data for the three months ended in Sep. 2024 was NT$58.379. 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$62.53 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Farglory Land Development Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Farglory Land Development 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.

Farglory Land Development Co Cyclically Adjusted PB Ratio Chart

Farglory Land Development 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 0.82 1.12 1.13 0.97 0.93

Farglory Land Development Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.95 0.93 0.92 1.29 1.15

Competitive Comparison of Farglory Land Development Co's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Farglory Land Development 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.


Farglory Land Development Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Farglory Land Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Farglory Land Development Co's Cyclically Adjusted PB Ratio falls into.



Farglory Land Development 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.

Farglory Land Development Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=79.20/62.53
=1.27

* 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.

Farglory Land Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Farglory Land Development Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=58.379/133.0289*133.0289
=58.379

Current CPI (Sep. 2024) = 133.0289.

Farglory Land Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 47.419 99.070 63.673
201503 49.095 99.621 65.559
201506 47.664 100.684 62.976
201509 50.191 100.392 66.508
201512 52.177 99.792 69.555
201603 52.467 100.470 69.469
201606 51.895 101.688 67.889
201609 53.102 101.861 69.350
201612 52.138 101.863 68.090
201703 52.383 102.862 67.746
201706 49.149 103.349 63.264
201709 50.179 104.136 64.102
201712 50.710 104.011 64.857
201803 51.324 105.290 64.846
201806 49.423 106.317 61.841
201809 50.098 106.507 62.573
201812 50.881 105.998 63.856
201903 51.825 107.251 64.281
201906 49.169 108.070 60.525
201909 50.334 108.329 61.810
201912 51.625 108.420 63.343
202003 48.270 108.902 58.964
202006 49.414 108.767 60.436
202009 50.733 109.815 61.458
202012 53.385 109.897 64.622
202103 51.091 111.754 60.817
202106 51.966 114.631 60.306
202109 52.867 115.734 60.767
202112 56.761 117.630 64.192
202203 54.130 121.301 59.364
202206 55.466 125.017 59.021
202209 55.300 125.227 58.746
202212 57.328 125.222 60.902
202303 55.692 127.348 58.176
202306 55.767 128.729 57.630
202309 55.543 129.860 56.899
202312 58.170 129.419 59.792
202403 56.265 131.776 56.800
202406 57.659 132.554 57.866
202409 58.379 133.029 58.379

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.


Farglory Land Development Co  (TPE:5522) 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.


Farglory Land Development Co Cyclically Adjusted PB Ratio Related Terms

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


Farglory Land Development Co Business Description

Traded in Other Exchanges
N/A
Address
No.200, Keelung Road, 16th floor, Section 1, Tainan, TWN
Farglory Land Development Co Ltd develops and sells real estate properties in Taiwan. The company provides land development, design and planning, construction, and supervision, planning and marketing, contract signing and clearing, and after sale services. It develops residential, office, and factory buildings, and undertakes BOT contracts. The company mainly operates via two divisions: Land and Construction.

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