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Yageo (YAGOY) Cyclically Adjusted PB Ratio : 3.22 (As of Jun. 20, 2024)


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What is Yageo Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Yageo's current share price is $82.29419. Yageo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $25.55. Yageo's Cyclically Adjusted PB Ratio for today is 3.22.

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

YAGOY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.19   Med: 3.48   Max: 6.14
Current: 3.87

During the past years, Yageo's highest Cyclically Adjusted PB Ratio was 6.14. The lowest was 2.19. And the median was 3.48.

YAGOY's Cyclically Adjusted PB Ratio is ranked worse than
81.13% of 1902 companies
in the Hardware industry
Industry Median: 1.67 vs YAGOY: 3.87

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.

Yageo's adjusted book value per share data for the three months ended in Mar. 2024 was $51.317. 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 $25.55 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yageo Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Yageo'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.

Yageo Cyclically Adjusted PB Ratio Chart

Yageo 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 4.58 5.23 4.42 2.88 3.39

Yageo 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 3.26 2.94 3.04 3.39 3.22

Competitive Comparison of Yageo's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Yageo'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.


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

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

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



Yageo 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=82.29419/25.55
=3.22

* 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.

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

For example, Yageo'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)
=51.317/131.7762*131.7762
=51.317

Current CPI (Mar. 2024) = 131.7762.

Yageo Quarterly Data

Book Value per Share CPI Adj_Book
201406 17.996 100.560 23.583
201409 11.336 100.428 14.875
201412 11.457 99.070 15.239
201503 11.762 99.621 15.558
201506 10.879 100.684 14.239
201509 11.101 100.392 14.571
201512 11.120 99.792 14.684
201603 11.267 100.470 14.778
201606 10.281 101.688 13.323
201609 10.762 101.861 13.923
201612 10.391 101.863 13.442
201703 11.483 102.862 14.711
201706 12.449 103.349 15.873
201709 13.784 104.136 17.443
201712 15.598 104.011 19.762
201803 18.203 105.290 22.782
201806 23.250 106.317 28.818
201809 27.036 106.507 33.450
201812 28.554 105.998 35.498
201903 30.074 107.251 36.951
201906 21.187 108.070 25.835
201909 21.571 108.329 26.240
201912 22.534 108.420 27.388
202003 20.447 108.902 24.742
202006 27.401 108.767 33.197
202009 29.208 109.815 35.049
202012 30.845 109.897 36.986
202103 33.187 111.754 39.133
202106 31.190 114.631 35.855
202109 34.524 115.734 39.309
202112 36.653 117.630 41.061
202203 42.932 121.301 46.639
202206 44.042 125.017 46.423
202209 57.653 125.227 60.668
202212 47.435 125.222 49.918
202303 47.513 127.348 49.165
202306 49.167 128.729 50.331
202309 50.905 129.860 51.656
202312 51.389 129.419 52.325
202403 51.317 131.776 51.317

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.


Yageo  (OTCPK:YAGOY) 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.


Yageo Cyclically Adjusted PB Ratio Related Terms

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


Yageo (YAGOY) Business Description

Industry
Traded in Other Exchanges
Address
No. 233-1, Baoqiao Road, 3rd Floor, Xindian District, New Taipei, TWN, 23145
Yageo produces passive components for electronic devices. Passive components are necessary for all electronic circuits; they are used to stabilize and control electric flow and remove electromagnetic noise from the circuit. Yageo's main products are multilayer ceramic capacitors, chip resistors, inductors, and tantalum capacitors, which are ranked third, first, third, and first in global production volume, respectively.

Yageo (YAGOY) Headlines

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