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Taiwankura (TPE:9911) Cyclically Adjusted PB Ratio : 3.72 (As of May. 16, 2024)


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What is Taiwankura Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Taiwankura's current share price is NT$91.80. Taiwankura's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$24.70. Taiwankura's Cyclically Adjusted PB Ratio for today is 3.72.

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

TPE:9911' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.96   Med: 2.65   Max: 3.79
Current: 3.67

During the past years, Taiwankura's highest Cyclically Adjusted PB Ratio was 3.79. The lowest was 1.96. And the median was 2.65.

TPE:9911's Cyclically Adjusted PB Ratio is ranked worse than
82.19% of 292 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.37 vs TPE:9911: 3.67

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.

Taiwankura's adjusted book value per share data for the three months ended in Mar. 2024 was NT$25.585. 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$24.70 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwankura Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Taiwankura'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.

Taiwankura Cyclically Adjusted PB Ratio Chart

Taiwankura 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 2.44 2.62 3.19 2.65 2.82

Taiwankura 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 2.66 2.62 2.59 2.82 3.39

Competitive Comparison of Taiwankura's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Taiwankura'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.


Taiwankura's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Taiwankura's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Taiwankura 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=91.80/24.7
=3.72

* 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.

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

For example, Taiwankura'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)
=25.585/129.4194*129.4194
=25.585

Current CPI (Mar. 2024) = 129.4194.

Taiwankura Quarterly Data

Book Value per Share CPI Adj_Book
201406 17.294 100.560 22.257
201409 18.017 100.428 23.218
201412 19.035 99.070 24.866
201503 19.550 99.621 25.398
201506 18.147 100.684 23.326
201509 18.995 100.392 24.487
201512 19.436 99.792 25.206
201603 20.219 100.470 26.045
201606 19.236 101.688 24.482
201609 17.311 101.861 21.994
201612 18.151 101.863 23.061
201703 18.582 102.862 23.380
201706 16.683 103.349 20.891
201709 17.510 104.136 21.761
201712 19.000 104.011 23.641
201803 19.764 105.290 24.293
201806 17.952 106.317 21.853
201809 18.815 106.507 22.863
201812 19.983 105.998 24.398
201903 21.040 107.251 25.389
201906 19.049 108.070 22.812
201909 19.878 108.329 23.748
201912 21.428 108.420 25.578
202003 21.989 108.902 26.132
202006 19.998 108.767 23.795
202009 21.120 109.815 24.890
202012 23.029 109.897 27.120
202103 24.195 111.754 28.019
202106 22.108 114.631 24.960
202109 23.108 115.734 25.840
202112 24.588 117.630 27.052
202203 26.200 121.301 27.954
202206 23.581 125.017 24.411
202209 24.973 125.227 25.809
202212 25.900 125.222 26.768
202303 26.958 127.348 27.397
202306 24.172 128.729 24.302
202309 25.914 129.860 25.826
202312 27.356 129.419 27.356
202403 25.585 129.419 25.585

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.


Taiwankura  (TPE:9911) 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.


Taiwankura Cyclically Adjusted PB Ratio Related Terms

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


Taiwankura (TPE:9911) Business Description

Traded in Other Exchanges
N/A
Address
No. 436, Yatan Road, Section 4, Daya District, Taichung, TWN, 429
Taiwan Sakura Corp is a Taiwan-based company. The company is engaged in manufacturing and selling gas cookers, water heaters, kitchen appliances, furniture, building materials, metal hardware parts, sports equipment, electric hand tools, sanitary equipment, and others.

Taiwankura (TPE:9911) Headlines

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