GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Episil Precision Inc (TPE:3016) » Definitions » Cyclically Adjusted PB Ratio

Episil Precision (TPE:3016) Cyclically Adjusted PB Ratio : 3.79 (As of Apr. 29, 2024)


View and export this data going back to 2002. Start your Free Trial

What is Episil Precision Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Episil Precision's current share price is NT$61.50. Episil Precision's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was NT$16.22. Episil Precision's Cyclically Adjusted PB Ratio for today is 3.79.

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

TPE:3016' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.32   Med: 4.93   Max: 10.91
Current: 3.79

During the past years, Episil Precision's highest Cyclically Adjusted PB Ratio was 10.91. The lowest was 3.32. And the median was 4.93.

TPE:3016's Cyclically Adjusted PB Ratio is ranked worse than
68.26% of 671 companies
in the Semiconductors industry
Industry Median: 2.43 vs TPE:3016: 3.79

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.

Episil Precision's adjusted book value per share data for the three months ended in Dec. 2023 was NT$16.973. 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$16.22 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Episil Precision Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Episil Precision'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.

Episil Precision Cyclically Adjusted PB Ratio Chart

Episil Precision 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 4.05 5.35 9.33 4.53 3.81

Episil Precision 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 4.53 4.50 4.08 3.52 3.81

Competitive Comparison of Episil Precision's Cyclically Adjusted PB Ratio

For the Semiconductor Equipment & Materials subindustry, Episil Precision'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.


Episil Precision's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Episil Precision 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.

Episil Precision's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=61.50/16.22
=3.79

* 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.

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

For example, Episil Precision'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)
=16.973/129.4194*129.4194
=16.973

Current CPI (Dec. 2023) = 129.4194.

Episil Precision Quarterly Data

Book Value per Share CPI Adj_Book
201403 11.197 99.695 14.535
201406 11.383 100.560 14.650
201409 11.285 100.428 14.543
201412 11.177 99.070 14.601
201503 11.088 99.621 14.405
201506 11.073 100.684 14.233
201509 11.348 100.392 14.629
201512 14.312 99.792 18.561
201603 10.991 100.470 14.158
201606 11.089 101.688 14.113
201609 11.021 101.861 14.003
201612 10.962 101.863 13.928
201703 11.027 102.862 13.874
201706 11.222 103.349 14.053
201709 11.440 104.136 14.218
201712 14.364 104.011 17.873
201803 13.955 105.290 17.153
201806 13.875 106.317 16.890
201809 14.446 106.507 17.554
201812 14.753 105.998 18.013
201903 14.824 107.251 17.888
201906 13.867 108.070 16.607
201909 13.868 108.329 16.568
201912 13.893 108.420 16.584
202003 13.726 108.902 16.312
202006 14.248 108.767 16.953
202009 14.333 109.815 16.892
202012 14.439 109.897 17.004
202103 14.410 111.754 16.688
202106 14.804 114.631 16.714
202109 15.506 115.734 17.340
202112 16.179 117.630 17.801
202203 15.696 121.301 16.746
202206 17.274 125.017 17.882
202209 18.001 125.227 18.604
202212 18.381 125.222 18.997
202303 16.495 127.348 16.763
202306 16.644 128.729 16.733
202309 16.793 129.860 16.736
202312 16.973 129.419 16.973

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.


Episil Precision  (TPE:3016) 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.


Episil Precision Cyclically Adjusted PB Ratio Related Terms

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


Episil Precision (TPE:3016) Business Description

Traded in Other Exchanges
N/A
Address
No. 10 Dusing Road I, Hsinchu Science Park, Hsinchu, TWN, 30078
Episil Precision Inc is a professional epitaxial process supplier. The company is primarily involved in the research, development, and production of epitaxial wafers. Its products include silicon epitaxial wafers, SiC on SiC epitaxial wafers, and GaN on Si epitaxial wafers. Geographically, it derives most of its revenue from Taiwan.

Episil Precision (TPE:3016) Headlines

No Headlines