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CviLux (TPE:8103) Cyclically Adjusted PB Ratio : 1.31 (As of Jun. 09, 2024)


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What is CviLux Cyclically Adjusted PB Ratio?

As of today (2024-06-09), CviLux's current share price is NT$50.50. CviLux's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$38.68. CviLux's Cyclically Adjusted PB Ratio for today is 1.31.

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

TPE:8103' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.06   Max: 1.57
Current: 1.22

During the past years, CviLux's highest Cyclically Adjusted PB Ratio was 1.57. The lowest was 0.60. And the median was 1.06.

TPE:8103's Cyclically Adjusted PB Ratio is ranked better than
63.19% of 1899 companies
in the Hardware industry
Industry Median: 1.67 vs TPE:8103: 1.22

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.

CviLux's adjusted book value per share data for the three months ended in Mar. 2024 was NT$39.924. 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$38.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CviLux Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CviLux'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.

CviLux Cyclically Adjusted PB Ratio Chart

CviLux 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 0.91 1.19 1.54 0.85 1.19

CviLux 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 0.98 0.97 1.04 1.19 1.22

Competitive Comparison of CviLux's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, CviLux'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.


CviLux's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



CviLux 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.

CviLux's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=50.50/38.68
=1.31

* 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.

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

For example, CviLux'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)
=39.924/131.7762*131.7762
=39.924

Current CPI (Mar. 2024) = 131.7762.

CviLux Quarterly Data

Book Value per Share CPI Adj_Book
201406 27.014 100.560 35.400
201409 29.128 100.428 38.220
201412 31.175 99.070 41.467
201503 31.788 99.621 42.048
201506 29.132 100.684 38.128
201509 29.525 100.392 38.755
201512 28.813 99.792 38.048
201603 29.076 100.470 38.136
201606 28.902 101.688 37.454
201609 29.013 101.861 37.534
201612 29.719 101.863 38.446
201703 29.047 102.862 37.212
201706 28.426 103.349 36.245
201709 29.642 104.136 37.510
201712 29.803 104.011 37.759
201803 30.342 105.290 37.975
201806 30.039 106.317 37.232
201809 30.050 106.507 37.180
201812 30.797 105.998 38.287
201903 31.740 107.251 38.998
201906 31.090 108.070 37.910
201909 30.945 108.329 37.643
201912 30.898 108.420 37.554
202003 30.794 108.902 37.262
202006 30.816 108.767 37.335
202009 31.980 109.815 38.376
202012 33.174 109.897 39.779
202103 33.825 111.754 39.885
202106 34.673 114.631 39.859
202109 34.518 115.734 39.303
202112 36.197 117.630 40.550
202203 38.598 121.301 41.931
202206 37.549 125.017 39.579
202209 39.179 125.227 41.228
202212 38.825 125.222 40.857
202303 37.397 127.348 38.697
202306 36.929 128.729 37.803
202309 39.618 129.860 40.203
202312 38.950 129.419 39.659
202403 39.924 131.776 39.924

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.


CviLux  (TPE:8103) 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.


CviLux Cyclically Adjusted PB Ratio Related Terms

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


CviLux (TPE:8103) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Zhongzheng East Road, 9th Floor, Number 9, Lane 3, Section 1, Tamsui District, Taipei, TWN, 25147
CviLux Corp is principally engaged in assembling, manufacturing, processing, and trading of connectors used in the electronic industry, electrical machinery, communication cable wires, and computer equipment.. Its products are mainly used in electronics industries such as industrial, laptop, automotive, communications, optoelectronics, IoT, computers.

CviLux (TPE:8103) Headlines

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