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D-Link (TPE:2332) Cyclically Adjusted PB Ratio : 0.95 (As of May. 15, 2024)


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What is D-Link Cyclically Adjusted PB Ratio?

As of today (2024-05-15), D-Link's current share price is NT$18.25. D-Link's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was NT$19.27. D-Link's Cyclically Adjusted PB Ratio for today is 0.95.

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

TPE:2332' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.91   Max: 1.57
Current: 0.94

During the past years, D-Link's highest Cyclically Adjusted PB Ratio was 1.57. The lowest was 0.47. And the median was 0.91.

TPE:2332's Cyclically Adjusted PB Ratio is ranked better than
71.43% of 1862 companies
in the Hardware industry
Industry Median: 1.64 vs TPE:2332: 0.94

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.

D-Link's adjusted book value per share data for the three months ended in Dec. 2023 was NT$15.199. 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$19.27 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


D-Link Cyclically Adjusted PB Ratio Historical Data

The historical data trend for D-Link'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.

D-Link Cyclically Adjusted PB Ratio Chart

D-Link 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 0.71 1.57 0.95 0.74 1.04

D-Link Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.74 0.91 1.10 1.02 1.04

Competitive Comparison of D-Link's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, D-Link'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.


D-Link's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



D-Link 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.

D-Link's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.25/19.27
=0.95

* 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.

D-Link's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, D-Link's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=15.199/129.4194*129.4194
=15.199

Current CPI (Dec. 2023) = 129.4194.

D-Link Quarterly Data

Book Value per Share CPI Adj_Book
201403 22.819 99.695 29.623
201406 21.515 100.560 27.690
201409 21.006 100.428 27.070
201412 21.387 99.070 27.939
201503 20.091 99.621 26.101
201506 19.650 100.684 25.258
201509 19.588 100.392 25.252
201512 18.264 99.792 23.686
201603 17.953 100.470 23.126
201606 16.872 101.688 21.473
201609 15.824 101.861 20.105
201612 16.082 101.863 20.433
201703 15.429 102.862 19.412
201706 14.991 103.349 18.773
201709 15.158 104.136 18.838
201712 15.050 104.011 18.726
201803 15.080 105.290 18.536
201806 15.242 106.317 18.554
201809 15.153 106.507 18.413
201812 15.337 105.998 18.726
201903 15.211 107.251 18.355
201906 14.676 108.070 17.575
201909 14.393 108.329 17.195
201912 14.126 108.420 16.862
202003 13.239 108.902 15.733
202006 13.647 108.767 16.238
202009 13.778 109.815 16.238
202012 15.437 109.897 18.179
202103 15.487 111.754 17.935
202106 14.900 114.631 16.822
202109 13.544 115.734 15.146
202112 14.133 117.630 15.550
202203 13.920 121.301 14.852
202206 14.376 125.017 14.882
202209 14.714 125.227 15.207
202212 14.853 125.222 15.351
202303 14.901 127.348 15.143
202306 15.328 128.729 15.410
202309 15.427 129.860 15.375
202312 15.199 129.419 15.199

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.


D-Link  (TPE:2332) 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.


D-Link Cyclically Adjusted PB Ratio Related Terms

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


D-Link (TPE:2332) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 289, Xinhu 3rd Road, Neihu District, Taipei, TWN, 114
D-Link Corp develops and sells local area computer network systems (LANs) and spare parts for integrated circuits. The main products of the company include switches, wireless local area network (WLAN) products, broadband products, digital home appliances, such as network storage products, and intelligent sockets, as well as other network products, such as network lines, servers, and hubs. The company operates businesses in Asia & Others, America, and Europe, out of which the majority is from Asia & Others.

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