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ACON Holdings (ROCO:3710) Cyclically Adjusted PB Ratio : 0.77 (As of Jun. 12, 2024)


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What is ACON Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-12), ACON Holdings's current share price is NT$10.25. ACON Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$13.29. ACON Holdings's Cyclically Adjusted PB Ratio for today is 0.77.

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

ROCO:3710' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.71   Max: 1.12
Current: 0.76

During the past years, ACON Holdings's highest Cyclically Adjusted PB Ratio was 1.12. The lowest was 0.32. And the median was 0.71.

ROCO:3710's Cyclically Adjusted PB Ratio is ranked better than
78.04% of 1899 companies
in the Hardware industry
Industry Median: 1.65 vs ROCO:3710: 0.76

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.

ACON Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was NT$5.873. 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$13.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ACON Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ACON Holdings'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.

ACON Holdings Cyclically Adjusted PB Ratio Chart

ACON Holdings 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 0.51 0.61 0.64 0.77 0.76

ACON Holdings 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 0.85 0.79 0.70 0.76 0.80

Competitive Comparison of ACON Holdings's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, ACON Holdings'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.


ACON Holdings's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



ACON Holdings 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.

ACON Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.25/13.29
=0.77

* 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.

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

For example, ACON Holdings'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)
=5.873/131.7762*131.7762
=5.873

Current CPI (Mar. 2024) = 131.7762.

ACON Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 14.585 100.560 19.113
201409 15.095 100.428 19.807
201412 15.587 99.070 20.733
201503 14.856 99.621 19.651
201506 14.005 100.684 18.330
201509 14.531 100.392 19.074
201512 14.194 99.792 18.743
201603 13.130 100.470 17.221
201606 12.332 101.688 15.981
201609 11.887 101.861 15.378
201612 0.000 101.863 0.000
201703 15.382 102.862 19.706
201706 15.172 103.349 19.345
201709 14.764 104.136 18.683
201712 14.097 104.011 17.860
201803 13.500 105.290 16.896
201806 12.540 106.317 15.543
201809 12.104 106.507 14.976
201812 11.494 105.998 14.289
201903 11.001 107.251 13.517
201906 10.542 108.070 12.855
201909 9.747 108.329 11.857
201912 9.821 108.420 11.937
202003 8.858 108.902 10.719
202006 8.852 108.767 10.725
202009 9.562 109.815 11.474
202012 9.944 109.897 11.924
202103 9.657 111.754 11.387
202106 8.756 114.631 10.066
202109 8.319 115.734 9.472
202112 7.190 117.630 8.055
202203 7.457 121.301 8.101
202206 7.154 125.017 7.541
202209 7.752 125.227 8.157
202212 7.099 125.222 7.471
202303 6.705 127.348 6.938
202306 6.046 128.729 6.189
202309 6.308 129.860 6.401
202312 6.024 129.419 6.134
202403 5.873 131.776 5.873

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.


ACON Holdings  (ROCO:3710) 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.


ACON Holdings Cyclically Adjusted PB Ratio Related Terms

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


ACON Holdings (ROCO:3710) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 2, Alley 9, Lane 45, Baoxing Road, 3rd Floor, Xindian District, Taipei, TWN
ACON Holdings Inc manufactures, sells, and exports I/O connectors and 3C peripheral electronic components, including connectors for personal computers and peripherals, communication, consumer applications; micro coaxial, and customized cable assemblies among others.

ACON Holdings (ROCO:3710) Headlines

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