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Quanta Computer (TPE:2382) Cyclically Adjusted PB Ratio : 6.24 (As of Jun. 09, 2024)


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What is Quanta Computer Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Quanta Computer's current share price is NT$273.00. Quanta Computer's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$43.74. Quanta Computer's Cyclically Adjusted PB Ratio for today is 6.24.

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

TPE:2382' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.55   Med: 2.09   Max: 6.71
Current: 6.24

During the past years, Quanta Computer's highest Cyclically Adjusted PB Ratio was 6.71. The lowest was 1.55. And the median was 2.09.

TPE:2382's Cyclically Adjusted PB Ratio is ranked worse than
91.26% of 1899 companies
in the Hardware industry
Industry Median: 1.67 vs TPE:2382: 6.24

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.

Quanta Computer's adjusted book value per share data for the three months ended in Mar. 2024 was NT$43.794. 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$43.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Quanta Computer Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Quanta Computer'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.

Quanta Computer Cyclically Adjusted PB Ratio Chart

Quanta Computer 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 1.84 2.28 2.46 1.75 5.22

Quanta Computer 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 2.13 3.58 5.57 5.22 6.55

Competitive Comparison of Quanta Computer's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Quanta Computer'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.


Quanta Computer's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Quanta Computer 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.

Quanta Computer's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=273.00/43.74
=6.24

* 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.

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

For example, Quanta Computer'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)
=43.794/131.7762*131.7762
=43.794

Current CPI (Mar. 2024) = 131.7762.

Quanta Computer Quarterly Data

Book Value per Share CPI Adj_Book
201406 30.834 100.560 40.406
201409 32.232 100.428 42.293
201412 34.340 99.070 45.677
201503 35.172 99.621 46.525
201506 31.697 100.684 41.485
201509 33.321 100.392 43.738
201512 34.438 99.792 45.475
201603 35.190 100.470 46.155
201606 32.378 101.688 41.958
201609 33.229 101.861 42.988
201612 34.467 101.863 44.589
201703 34.827 102.862 44.617
201706 32.630 103.349 41.605
201709 33.454 104.136 42.334
201712 34.355 104.011 43.526
201803 35.156 105.290 44.000
201806 32.852 106.317 40.719
201809 34.022 106.507 42.094
201812 34.997 105.998 43.508
201903 35.740 107.251 43.913
201906 33.022 108.070 40.266
201909 33.999 108.329 41.358
201912 35.190 108.420 42.771
202003 35.471 108.902 42.922
202006 33.500 108.767 40.587
202009 35.598 109.815 42.717
202012 37.452 109.897 44.908
202103 40.435 111.754 47.679
202106 36.924 114.631 42.447
202109 38.813 115.734 44.193
202112 41.805 117.630 46.833
202203 44.027 121.301 47.829
202206 38.829 125.017 40.928
202209 42.529 125.227 44.753
202212 43.886 125.222 46.183
202303 39.662 127.348 41.041
202306 42.853 128.729 43.867
202309 47.082 129.860 47.777
202312 48.309 129.419 49.189
202403 43.794 131.776 43.794

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.


Quanta Computer  (TPE:2382) 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.


Quanta Computer Cyclically Adjusted PB Ratio Related Terms

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


Quanta Computer (TPE:2382) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 188, Wenhua 2nd Road, Guishan District, Taoyuan, TWN, 33377
Quanta Computer Inc is an original design manufacturer of notebook computers and electronic hardware for use in communication, networking, consumer electronics, auto electronics, and cloud computing solutions. Its products include enterprise network systems, home entertainment systems, rack-mount servers, data center networking switches, high-density storage solutions, encoding cameras, and smart home devices. Most of the firm's revenue is generated in the American region, with the rest coming from countries across the world.

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