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Aten International Co (TPE:6277) Cyclically Adjusted PB Ratio : 2.06 (As of Jun. 10, 2024)


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What is Aten International Co Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Aten International Co's current share price is NT$82.90. Aten International Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$40.21. Aten International Co's Cyclically Adjusted PB Ratio for today is 2.06.

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

TPE:6277' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.98   Med: 2.44   Max: 3.2
Current: 2.06

During the past years, Aten International Co's highest Cyclically Adjusted PB Ratio was 3.20. The lowest was 1.98. And the median was 2.44.

TPE:6277's Cyclically Adjusted PB Ratio is ranked worse than
59.61% of 1899 companies
in the Hardware industry
Industry Median: 1.65 vs TPE:6277: 2.06

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.

Aten International Co's adjusted book value per share data for the three months ended in Mar. 2024 was NT$38.415. 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$40.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aten International Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aten International 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.

Aten International Co Cyclically Adjusted PB Ratio Chart

Aten International 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 2.86 2.69 2.36 2.06 2.03

Aten International 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 2.16 2.26 2.06 2.03 2.03

Competitive Comparison of Aten International Co's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Aten International 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.


Aten International Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Aten International 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.

Aten International Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=82.90/40.21
=2.06

* 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.

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

For example, Aten International 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)
=38.415/131.7762*131.7762
=38.415

Current CPI (Mar. 2024) = 131.7762.

Aten International Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 25.559 100.560 33.493
201409 27.206 100.428 35.698
201412 28.961 99.070 38.522
201503 30.252 99.621 40.017
201506 25.709 100.684 33.648
201509 27.726 100.392 36.394
201512 28.947 99.792 38.225
201603 30.692 100.470 40.255
201606 26.801 101.688 34.731
201609 28.453 101.861 36.809
201612 30.241 101.863 39.122
201703 31.376 102.862 40.196
201706 26.975 103.349 34.395
201709 28.591 104.136 36.180
201712 30.283 104.011 38.367
201803 31.766 105.290 39.757
201806 27.981 106.317 34.682
201809 31.326 106.507 38.758
201812 37.640 105.998 46.794
201903 38.647 107.251 47.485
201906 31.943 108.070 38.950
201909 33.325 108.329 40.538
201912 35.547 108.420 43.205
202003 32.599 108.902 39.446
202006 39.977 108.767 48.434
202009 38.826 109.815 46.591
202012 40.070 109.897 48.048
202103 38.176 111.754 45.016
202106 39.049 114.631 44.889
202109 37.707 115.734 42.934
202112 39.192 117.630 43.905
202203 37.662 121.301 40.914
202206 38.777 125.017 40.874
202209 38.140 125.227 40.135
202212 40.385 125.222 42.499
202303 38.655 127.348 39.999
202306 39.505 128.729 40.440
202309 38.555 129.860 39.124
202312 39.675 129.419 40.398
202403 38.415 131.776 38.415

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.


Aten International Co  (TPE:6277) 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.


Aten International Co Cyclically Adjusted PB Ratio Related Terms

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


Aten International Co (TPE:6277) Business Description

Traded in Other Exchanges
N/A
Address
3rd Floor, Number 125, Sector 2, Datung Road, Xizhi District, New Taipei City, TWN, 221
Aten International Co Ltd is a Taiwan-based manufacturer of components for connectivity and access management hardware. Its product portfolio includes keyboard, video and mouse (KVM) switches, audiovisual switches and matrices, intelligent power distribution units, information technology management systems, and interface adapters. Aten's solutions include high-end server management solutions, integrated video solutions for corporate and commercial home theater applications, and energy efficiency solutions. Its segments include computer peripheral equipment and specialized printing segment. The firm has operations in the United States, Belgium, Japan, and China.

Aten International Co (TPE:6277) Headlines

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