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Promate Electronic Co (TPE:6189) Cyclically Adjusted PB Ratio : 2.75 (As of Jun. 02, 2025)


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What is Promate Electronic Co Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Promate Electronic Co's current share price is NT$72.10. Promate Electronic Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$26.20. Promate Electronic Co's Cyclically Adjusted PB Ratio for today is 2.75.

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

TPE:6189' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.4   Med: 1.83   Max: 4.04
Current: 2.8

During the past years, Promate Electronic Co's highest Cyclically Adjusted PB Ratio was 4.04. The lowest was 1.40. And the median was 1.83.

TPE:6189's Cyclically Adjusted PB Ratio is ranked worse than
68.04% of 1924 companies
in the Hardware industry
Industry Median: 1.66 vs TPE:6189: 2.80

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.

Promate Electronic Co's adjusted book value per share data for the three months ended in Mar. 2025 was NT$30.479. 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$26.20 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Promate Electronic Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Promate Electronic 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.

Promate Electronic Co Cyclically Adjusted PB Ratio Chart

Promate Electronic Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.74 1.89 1.59 2.35 3.10

Promate Electronic Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3.45 3.73 3.14 3.10 2.60

Competitive Comparison of Promate Electronic Co's Cyclically Adjusted PB Ratio

For the Electronics & Computer Distribution subindustry, Promate Electronic 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.


Promate Electronic Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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


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Promate Electronic 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.

Promate Electronic Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=72.10/26.20
=2.75

* 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.

Promate Electronic Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Promate Electronic Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=30.479/134.9266*134.9266
=30.479

Current CPI (Mar. 2025) = 134.9266.

Promate Electronic Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 17.390 100.684 23.304
201509 18.613 100.392 25.016
201512 19.236 99.792 26.008
201603 20.128 100.470 27.031
201606 17.646 101.688 23.414
201609 18.125 101.861 24.009
201612 18.947 101.863 25.097
201703 20.227 102.862 26.532
201706 18.354 103.349 23.962
201709 19.015 104.136 24.637
201712 19.614 104.011 25.444
201803 20.060 105.290 25.707
201806 19.247 106.317 24.426
201809 19.976 106.507 25.306
201812 20.615 105.998 26.241
201903 21.252 107.251 26.736
201906 19.505 108.070 24.352
201909 20.292 108.329 25.274
201912 20.540 108.420 25.562
202003 21.315 108.902 26.409
202006 20.365 108.767 25.263
202009 21.154 109.815 25.991
202012 21.696 109.897 26.637
202103 23.050 111.754 27.829
202106 24.198 114.631 28.482
202109 23.118 115.734 26.952
202112 23.985 117.630 27.512
202203 25.674 121.301 28.558
202206 23.293 125.017 25.139
202209 24.383 125.227 26.272
202212 24.648 125.222 26.558
202303 25.478 127.348 26.994
202306 23.308 128.729 24.430
202309 25.161 129.860 26.143
202312 25.386 129.419 26.466
202403 28.047 131.776 28.718
202406 26.587 132.554 27.063
202409 28.035 133.029 28.435
202412 29.163 133.157 29.551
202503 30.479 134.927 30.479

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.


Promate Electronic Co  (TPE:6189) 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.


Promate Electronic Co Cyclically Adjusted PB Ratio Related Terms

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


Promate Electronic Co Business Description

Traded in Other Exchanges
N/A
Address
No. 32, Section 1, Huanshan Road, 4th Floor, Neihu District, Taipei, TWN, 114
Promate Electronic Co Ltd is mainly engaged in the distribution and sales of electronic/electrical components, sales of computer software and electrical products, and sales of electronic/electrical components. The company has these operating segments; Application specific and LCD Display Products, Linear/ Distributed Components, Image Processing ICs, Application specific ICs, and Others. It has two business divisions; China Region and Non-China Region, out of which it derives a majority of its revenue from the Non-China Region.

Promate Electronic Co Headlines

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