GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Av Tech Corp (TPE:8072) » Definitions » Cyclically Adjusted PB Ratio

Av Tech (TPE:8072) Cyclically Adjusted PB Ratio : 1.54 (As of May. 25, 2025)


View and export this data going back to 2005. Start your Free Trial

What is Av Tech Cyclically Adjusted PB Ratio?

As of today (2025-05-25), Av Tech's current share price is NT$51.50. Av Tech's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$33.34. Av Tech's Cyclically Adjusted PB Ratio for today is 1.54.

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

TPE:8072' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.74   Max: 1.54
Current: 1.54

During the past years, Av Tech's highest Cyclically Adjusted PB Ratio was 1.54. The lowest was 0.53. And the median was 0.74.

TPE:8072's Cyclically Adjusted PB Ratio is ranked worse than
50.15% of 680 companies
in the Business Services industry
Industry Median: 1.535 vs TPE:8072: 1.54

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.

Av Tech's adjusted book value per share data for the three months ended in Mar. 2025 was NT$28.275. 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$33.34 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Av Tech Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Av Tech'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.

Av Tech Cyclically Adjusted PB Ratio Chart

Av Tech 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 0.80 0.75 0.72 0.81 0.74

Av Tech 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 0.82 0.93 0.83 0.74 0.82

Competitive Comparison of Av Tech's Cyclically Adjusted PB Ratio

For the Security & Protection Services subindustry, Av Tech'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.


Av Tech's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Av Tech's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

Av Tech 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.

Av Tech's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=51.50/33.34
=1.54

* 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.

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

For example, Av Tech'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)
=28.275/134.9266*134.9266
=28.275

Current CPI (Mar. 2025) = 134.9266.

Av Tech Quarterly Data

Book Value per Share CPI Adj_Book
201506 26.589 100.684 35.632
201509 27.181 100.392 36.531
201512 27.338 99.792 36.963
201603 27.508 100.470 36.942
201606 26.703 101.688 35.431
201609 26.772 101.861 35.463
201612 26.721 101.863 35.394
201703 26.638 102.862 34.942
201706 26.191 103.349 34.193
201709 30.271 104.136 39.222
201712 30.050 104.011 38.982
201803 29.966 105.290 38.401
201806 29.405 106.317 37.318
201809 29.371 106.507 37.208
201812 29.304 105.998 37.302
201903 29.092 107.251 36.599
201906 28.040 108.070 35.008
201909 27.894 108.329 34.743
201912 27.647 108.420 34.406
202003 27.343 108.902 33.877
202006 27.200 108.767 33.742
202009 27.338 109.815 33.589
202012 27.270 109.897 33.481
202103 27.120 111.754 32.743
202106 27.154 114.631 31.962
202109 27.322 115.734 31.853
202112 27.399 117.630 31.428
202203 27.312 121.301 30.380
202206 27.672 125.017 29.865
202209 28.214 125.227 30.399
202212 28.256 125.222 30.446
202303 27.380 127.348 29.009
202306 27.621 128.729 28.951
202309 28.030 129.860 29.124
202312 28.039 129.419 29.232
202403 27.655 131.776 28.316
202406 28.017 132.554 28.519
202409 28.143 133.029 28.544
202412 28.716 133.157 29.098
202503 28.275 134.927 28.275

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.


Av Tech  (TPE:8072) 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.


Av Tech Cyclically Adjusted PB Ratio Related Terms

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


Av Tech Business Description

Traded in Other Exchanges
N/A
Address
No. 193-2, Zhongxing N. Street, Sanchong District, Taipei, TWN, 115
Av Tech Corp operates in the Taiwan surveillance industry. It is mainly engaged in the manufacturing of standalone digital video recorders. The company primarily provides IP cameras, network video recorders, digital video recorders, CCTV cameras, and related accessories.

Av Tech Headlines

No Headlines