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Catcher Technology Co (TPE:2474) Cyclically Adjusted PB Ratio : 1.01 (As of Apr. 28, 2024)


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What is Catcher Technology Co Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Catcher Technology Co's current share price is NT$213.50. Catcher Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was NT$210.59. Catcher Technology Co's Cyclically Adjusted PB Ratio for today is 1.01.

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

TPE:2474' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.82   Med: 1.02   Max: 2.12
Current: 1.01

During the past years, Catcher Technology Co's highest Cyclically Adjusted PB Ratio was 2.12. The lowest was 0.82. And the median was 1.02.

TPE:2474's Cyclically Adjusted PB Ratio is ranked better than
72.7% of 1996 companies
in the Industrial Products industry
Industry Median: 1.72 vs TPE:2474: 1.01

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.

Catcher Technology Co's adjusted book value per share data for the three months ended in Dec. 2023 was NT$232.152. 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$210.59 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Catcher Technology Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Catcher Technology 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.

Catcher Technology Co Cyclically Adjusted PB Ratio Chart

Catcher Technology 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 1.67 1.41 0.93 0.88 0.92

Catcher Technology Co 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 0.88 0.96 0.86 0.87 0.92

Competitive Comparison of Catcher Technology Co's Cyclically Adjusted PB Ratio

For the Metal Fabrication subindustry, Catcher Technology 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.


Catcher Technology Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Catcher Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Catcher Technology 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=213.50/210.59
=1.01

* 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.

Catcher Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Catcher Technology Co'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)
=232.152/129.4194*129.4194
=232.152

Current CPI (Dec. 2023) = 129.4194.

Catcher Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 103.438 99.695 134.279
201406 102.238 100.560 131.580
201409 111.064 100.428 143.126
201412 124.479 99.070 162.613
201503 128.905 99.621 167.463
201506 128.496 100.684 165.169
201509 143.503 100.392 184.996
201512 150.265 99.792 194.877
201603 153.474 100.470 197.695
201606 146.003 101.688 185.819
201609 146.902 101.861 186.646
201612 159.178 101.863 202.240
201703 153.538 102.862 193.179
201706 151.349 103.349 189.528
201709 162.683 104.136 202.182
201712 172.705 104.011 214.894
201803 179.088 105.290 220.131
201806 182.970 106.317 222.729
201809 186.119 106.507 226.159
201812 196.289 105.998 239.661
201903 201.250 107.251 242.849
201906 192.139 108.070 230.097
201909 193.917 108.329 231.670
201912 192.711 108.420 230.036
202003 198.182 108.902 235.521
202006 187.794 108.767 223.451
202009 188.629 109.815 222.304
202012 207.420 109.897 244.267
202103 210.659 111.754 243.958
202106 195.779 114.631 221.035
202109 198.236 115.734 221.677
202112 204.550 117.630 225.052
202203 215.155 121.301 229.555
202206 217.150 125.017 224.797
202209 237.653 125.227 245.610
202212 232.049 125.222 239.828
202303 236.418 127.348 240.264
202306 234.709 128.729 235.968
202309 239.156 129.860 238.345
202312 232.152 129.419 232.152

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.


Catcher Technology Co  (TPE:2474) 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.


Catcher Technology Co Cyclically Adjusted PB Ratio Related Terms

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


Catcher Technology Co (TPE:2474) Business Description

Traded in Other Exchanges
N/A
Address
No. 398, Renai Street, Yungkang District, Tainan, TWN
Catcher Technology is a supplier of metal casings for handsets, notebooks, tablets, and consumer electronics products. Apple is Catcher's biggest customer, accounting for almost 80% of the company's overall sales. The firm mainly supplies metal casings for iPhones, MacBooks, and iPads, and entered into the iPhone supply chain in 2014. Outside of Apple, Catcher produces metal chassis for leading notebook original equipment manufacturers such as HP and Dell. The firm also supplies to consumer electronic products such as digital still cameras, camcorders, MP3 players, and television sets.

Catcher Technology Co (TPE:2474) Headlines

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