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Onano Industrial (TPE:6405) Cyclically Adjusted PB Ratio : 0.70 (As of May. 25, 2025)


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What is Onano Industrial Cyclically Adjusted PB Ratio?

As of today (2025-05-25), Onano Industrial's current share price is NT$27.30. Onano Industrial's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$38.97. Onano Industrial's Cyclically Adjusted PB Ratio for today is 0.70.

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

TPE:6405' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.65   Max: 1.23
Current: 0.7

During the past years, Onano Industrial's highest Cyclically Adjusted PB Ratio was 1.23. The lowest was 0.52. And the median was 0.65.

TPE:6405's Cyclically Adjusted PB Ratio is ranked better than
77.34% of 1915 companies
in the Hardware industry
Industry Median: 1.63 vs TPE:6405: 0.70

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.

Onano Industrial's adjusted book value per share data for the three months ended in Mar. 2025 was NT$34.279. 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$38.97 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Onano Industrial Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Onano Industrial'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.

Onano Industrial Cyclically Adjusted PB Ratio Chart

Onano Industrial 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 - 0.87 0.60 0.63 0.83

Onano Industrial 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 0.62 0.68 1.03 0.83 0.65

Competitive Comparison of Onano Industrial's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Onano Industrial'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.


Onano Industrial's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Onano Industrial's Cyclically Adjusted PB Ratio falls into.


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Onano Industrial 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.

Onano Industrial's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.30/38.97
=0.70

* 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.

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

For example, Onano Industrial'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)
=34.279/134.9266*134.9266
=34.279

Current CPI (Mar. 2025) = 134.9266.

Onano Industrial Quarterly Data

Book Value per Share CPI Adj_Book
201506 29.147 100.684 39.060
201509 29.844 100.392 40.110
201512 28.738 99.792 38.856
201603 28.448 100.470 38.204
201606 28.237 101.688 37.467
201609 28.083 101.861 37.199
201612 28.782 101.863 38.124
201703 28.226 102.862 37.025
201706 28.305 103.349 36.953
201709 28.614 104.136 37.075
201712 28.899 104.011 37.489
201803 28.795 105.290 36.900
201806 28.574 106.317 36.263
201809 28.475 106.507 36.073
201812 28.485 105.998 36.259
201903 28.218 107.251 35.500
201906 27.825 108.070 34.740
201909 27.996 108.329 34.870
201912 27.991 108.420 34.834
202003 27.632 108.902 34.235
202006 28.378 108.767 35.203
202009 29.303 109.815 36.004
202012 28.815 109.897 35.378
202103 30.184 111.754 36.443
202106 52.125 114.631 61.354
202109 43.340 115.734 50.527
202112 42.473 117.630 48.719
202203 42.292 121.301 47.043
202206 39.123 125.017 42.224
202209 39.551 125.227 42.615
202212 38.922 125.222 41.938
202303 38.575 127.348 40.871
202306 38.360 128.729 40.207
202309 38.305 129.860 39.800
202312 37.622 129.419 39.223
202403 37.316 131.776 38.208
202406 37.262 132.554 37.929
202409 35.565 133.029 36.072
202412 36.958 133.157 37.449
202503 34.279 134.927 34.279

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.


Onano Industrial  (TPE:6405) 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.


Onano Industrial Cyclically Adjusted PB Ratio Related Terms

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


Onano Industrial Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.18, Beiyuan Road, Taoyuan County, Zhongli, TWN, 32063
Onano Industrial Corp manufactures and sells photoelectric thinned glass products. The Company's activities include a chemical method of slimming, polishing, and ITO processing. The products are mainly used in smart mobile phones and tablets, Mobile devices such as ultra-thin notebook computers. The Company earns revenue from slimmed opto-electronic glass generated in Taiwan.

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