GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Prime Electronics & Satellitics Inc (TPE:6152) » Definitions » Cyclically Adjusted PB Ratio

Prime Electronics &tellitics (TPE:6152) Cyclically Adjusted PB Ratio : 1.00 (As of Dec. 13, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Prime Electronics &tellitics Cyclically Adjusted PB Ratio?

As of today (2024-12-13), Prime Electronics &tellitics's current share price is NT$12.45. Prime Electronics &tellitics's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was NT$12.39. Prime Electronics &tellitics's Cyclically Adjusted PB Ratio for today is 1.00.

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

TPE:6152' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.72   Max: 1.47
Current: 1.07

During the past years, Prime Electronics &tellitics's highest Cyclically Adjusted PB Ratio was 1.47. The lowest was 0.28. And the median was 0.72.

TPE:6152's Cyclically Adjusted PB Ratio is ranked better than
71.66% of 1690 companies
in the Hardware industry
Industry Median: 1.92 vs TPE:6152: 1.07

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.

Prime Electronics &tellitics's adjusted book value per share data for the three months ended in Sep. 2024 was NT$8.911. 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$12.39 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prime Electronics &tellitics Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Prime Electronics &tellitics'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.

Prime Electronics &tellitics Cyclically Adjusted PB Ratio Chart

Prime Electronics &tellitics 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 0.49 0.94 0.84 0.71 0.84

Prime Electronics &tellitics 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 0.74 0.84 0.79 1.32 1.34

Competitive Comparison of Prime Electronics &tellitics's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Prime Electronics &tellitics'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.


Prime Electronics &tellitics's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Prime Electronics &tellitics 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.

Prime Electronics &tellitics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.45/12.39
=1.00

* 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.

Prime Electronics &tellitics's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Prime Electronics &tellitics'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)
=8.911/133.0289*133.0289
=8.911

Current CPI (Sep. 2024) = 133.0289.

Prime Electronics &tellitics Quarterly Data

Book Value per Share CPI Adj_Book
201412 16.177 99.070 21.722
201503 15.638 99.621 20.882
201506 14.866 100.684 19.642
201509 14.993 100.392 19.867
201512 14.253 99.792 19.000
201603 13.306 100.470 17.618
201606 12.728 101.688 16.651
201609 12.562 101.861 16.406
201612 13.048 101.863 17.040
201703 12.297 102.862 15.903
201706 12.468 103.349 16.049
201709 12.400 104.136 15.840
201712 11.683 104.011 14.942
201803 10.914 105.290 13.789
201806 10.176 106.317 12.733
201809 9.762 106.507 12.193
201812 8.196 105.998 10.286
201903 7.879 107.251 9.773
201906 7.930 108.070 9.761
201909 7.920 108.329 9.726
201912 8.036 108.420 9.860
202003 7.770 108.902 9.491
202006 7.654 108.767 9.361
202009 7.846 109.815 9.505
202012 8.260 109.897 9.999
202103 8.002 111.754 9.525
202106 7.777 114.631 9.025
202109 7.808 115.734 8.975
202112 8.158 117.630 9.226
202203 8.356 121.301 9.164
202206 8.525 125.017 9.071
202209 8.992 125.227 9.552
202212 9.090 125.222 9.657
202303 8.819 127.348 9.212
202306 8.750 128.729 9.042
202309 8.950 129.860 9.168
202312 8.890 129.419 9.138
202403 8.668 131.776 8.750
202406 9.099 132.554 9.132
202409 8.911 133.029 8.911

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.


Prime Electronics &tellitics  (TPE:6152) 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.


Prime Electronics &tellitics Cyclically Adjusted PB Ratio Related Terms

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


Prime Electronics &tellitics Business Description

Traded in Other Exchanges
N/A
Address
69 Tung-Yuan Road, Chung-Li Industrial Zone, Chung-Li District, Chung-Li City, TWN, 32063
Prime Electronics & Satellitics Inc is a Taiwan-based company engaged in the manufacture, processing, and sales of satellite communication equipment, wired communication equipment, and wireless communication equipment.

Prime Electronics &tellitics Headlines

No Headlines