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Collins Co (TPE:2906) Cyclically Adjusted PB Ratio : 1.13 (As of Apr. 28, 2024)


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What is Collins Co Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Collins Co's current share price is NT$19.35. Collins Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was NT$17.13. Collins Co's Cyclically Adjusted PB Ratio for today is 1.13.

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

TPE:2906' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1   Max: 1.78
Current: 1.13

During the past years, Collins Co's highest Cyclically Adjusted PB Ratio was 1.78. The lowest was 0.65. And the median was 1.00.

TPE:2906's Cyclically Adjusted PB Ratio is ranked better than
52.02% of 717 companies
in the Retail - Cyclical industry
Industry Median: 1.16 vs TPE:2906: 1.13

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.

Collins Co's adjusted book value per share data for the three months ended in Dec. 2023 was NT$15.672. 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$17.13 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Collins Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Collins 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.

Collins Co Cyclically Adjusted PB Ratio Chart

Collins 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 0.76 1.02 0.95 1.08 1.08

Collins 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 1.08 1.02 1.09 0.98 1.08

Competitive Comparison of Collins Co's Cyclically Adjusted PB Ratio

For the Specialty Retail subindustry, Collins 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.


Collins Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Collins Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Collins 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.35/17.13
=1.13

* 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.

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

For example, Collins 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)
=15.672/129.4194*129.4194
=15.672

Current CPI (Dec. 2023) = 129.4194.

Collins Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 14.401 99.695 18.695
201406 14.488 100.560 18.646
201409 14.894 100.428 19.194
201412 15.559 99.070 20.325
201503 15.543 99.621 20.192
201506 15.335 100.684 19.712
201509 14.897 100.392 19.204
201512 14.754 99.792 19.134
201603 14.577 100.470 18.777
201606 13.976 101.688 17.787
201609 13.891 101.861 17.649
201612 14.510 101.863 18.435
201703 14.005 102.862 17.621
201706 13.712 103.349 17.171
201709 13.925 104.136 17.306
201712 14.035 104.011 17.464
201803 13.946 105.290 17.142
201806 13.986 106.317 17.025
201809 13.964 106.507 16.968
201812 13.892 105.998 16.962
201903 14.063 107.251 16.970
201906 13.915 108.070 16.664
201909 13.967 108.329 16.686
201912 14.029 108.420 16.746
202003 13.314 108.902 15.822
202006 13.373 108.767 15.912
202009 13.529 109.815 15.944
202012 13.942 109.897 16.419
202103 14.480 111.754 16.769
202106 14.493 114.631 16.363
202109 14.293 115.734 15.983
202112 14.628 117.630 16.094
202203 15.077 121.301 16.086
202206 14.707 125.017 15.225
202209 14.826 125.227 15.322
202212 14.838 125.222 15.335
202303 14.977 127.348 15.221
202306 14.913 128.729 14.993
202309 15.660 129.860 15.607
202312 15.672 129.419 15.672

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.


Collins Co  (TPE:2906) 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.


Collins Co Cyclically Adjusted PB Ratio Related Terms

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


Collins Co (TPE:2906) Business Description

Traded in Other Exchanges
N/A
Address
6th Floor, No. 201, Dunhua N. Road, Songshan District, Taipei, TWN, 10544
Collins Co Ltd is mainly engaged in import and export trading, clothing retail, leasing, garment processing and trading, medical equipment, biochemical testing, medicine trading, medical management consulting services, and investment. Geographically, it has a presence in Taiwan, America, Canada, and Other countries, with the majority of revenue being derived from Taiwan. Its segments include the Trading business department, Fashion life business department, Kidney dialysis business department, and Other business departments. It derives a majority of its revenue from the Trading business department.

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