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AMIA Co (TPE:8438) Cyclically Adjusted PB Ratio : 1.66 (As of Jun. 13, 2024)


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What is AMIA Co Cyclically Adjusted PB Ratio?

As of today (2024-06-13), AMIA Co's current share price is NT$40.20. AMIA Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was NT$24.17. AMIA Co's Cyclically Adjusted PB Ratio for today is 1.66.

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

TPE:8438' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.02   Med: 1.1   Max: 2.9
Current: 1.7

During the past 13 years, AMIA Co's highest Cyclically Adjusted PB Ratio was 2.90. The lowest was 1.02. And the median was 1.10.

TPE:8438's Cyclically Adjusted PB Ratio is ranked worse than
51.36% of 1211 companies
in the Chemicals industry
Industry Median: 1.65 vs TPE:8438: 1.70

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.

AMIA Co's adjusted book value per share data of for the fiscal year that ended in Dec23 was NT$24.490. 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$24.17 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


AMIA Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AMIA 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.

AMIA Co Cyclically Adjusted PB Ratio Chart

AMIA 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 0.91 1.08 3.09 1.04 1.08

AMIA Co Quarterly Data
Jun18 Dec18 Jun19 Dec19 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 - - - 1.08 -

Competitive Comparison of AMIA Co's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, AMIA 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.


AMIA Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, AMIA Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



AMIA 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=40.20/24.17
=1.66

* 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.

AMIA Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, AMIA Co's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=24.49/129.4194*129.4194
=24.490

Current CPI (Dec23) = 129.4194.

AMIA Co Annual Data

Book Value per Share CPI Adj_Book
201412 20.094 99.070 26.250
201512 19.826 99.792 25.712
201612 19.196 101.863 24.389
201712 18.717 104.011 23.289
201812 19.213 105.998 23.458
201912 18.368 108.420 21.926
202012 19.407 109.897 22.855
202112 22.006 117.630 24.212
202212 24.339 125.222 25.155
202312 24.490 129.419 24.490

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.


AMIA Co  (TPE:8438) 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.


AMIA Co Cyclically Adjusted PB Ratio Related Terms

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


AMIA Co (TPE:8438) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.19, Dagong Road, Dayuan District, Taoyuan, TWN
AMIA Co Ltd is a Taiwan-based copper sulfate manufacturer. It is engaged in research and technology development on specialty chemicals, metal compounds, and industrial wastewater treatment for the electronics industry. The products offered by the entity cover sulfate, oxide, and carbonate. The organization also exports its products to various other countries.

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