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Asustek Computer (Asustek Computer) Cyclically Adjusted PB Ratio : 1.41 (As of Jun. 01, 2024)


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What is Asustek Computer Cyclically Adjusted PB Ratio?

As of today (2024-06-01), Asustek Computer's current share price is $49.60. Asustek Computer's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $35.11. Asustek Computer's Cyclically Adjusted PB Ratio for today is 1.41.

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

ASUUY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.14   Max: 1.72
Current: 1.7

During the past years, Asustek Computer's highest Cyclically Adjusted PB Ratio was 1.72. The lowest was 0.81. And the median was 1.14.

ASUUY's Cyclically Adjusted PB Ratio is ranked worse than
51.22% of 1886 companies
in the Hardware industry
Industry Median: 1.66 vs ASUUY: 1.70

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.

Asustek Computer's adjusted book value per share data for the three months ended in Mar. 2024 was $55.243. 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 $35.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asustek Computer Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Asustek 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.

Asustek Computer Cyclically Adjusted PB Ratio Chart

Asustek 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 1.07 1.12 1.50 0.97 1.67

Asustek 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 0.96 1.09 1.26 1.67 1.41

Competitive Comparison of Asustek Computer's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Asustek 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.


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

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

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



Asustek 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=49.60/35.11
=1.41

* 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.

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

For example, Asustek 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)
=55.243/131.7762*131.7762
=55.243

Current CPI (Mar. 2024) = 131.7762.

Asustek Computer Quarterly Data

Book Value per Share CPI Adj_Book
201406 31.830 100.560 41.711
201409 32.869 100.428 43.129
201412 35.136 99.070 46.736
201503 37.120 99.621 49.101
201506 35.678 100.684 46.696
201509 34.509 100.392 45.297
201512 34.356 99.792 45.367
201603 35.652 100.470 46.761
201606 34.378 101.688 44.550
201609 37.872 101.861 48.994
201612 38.177 101.863 49.388
201703 41.036 102.862 52.571
201706 38.672 103.349 49.309
201709 39.033 104.136 49.393
201712 39.360 104.011 49.867
201803 40.842 105.290 51.116
201806 36.894 106.317 45.729
201809 37.127 106.507 45.936
201812 35.288 105.998 43.870
201903 36.915 107.251 45.357
201906 34.588 108.070 42.175
201909 36.287 108.329 44.141
201912 39.346 108.420 47.822
202003 37.505 108.902 45.383
202006 38.970 108.767 47.214
202009 42.368 109.815 50.841
202012 48.158 109.897 57.746
202103 51.625 111.754 60.874
202106 49.311 114.631 56.686
202109 52.536 115.734 59.818
202112 56.363 117.630 63.141
202203 58.213 121.301 63.240
202206 47.604 125.017 50.178
202209 46.580 125.227 49.016
202212 46.641 125.222 49.082
202303 48.309 127.348 49.989
202306 47.870 128.729 49.003
202309 48.923 129.860 49.645
202312 51.657 129.419 52.598
202403 55.243 131.776 55.243

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.


Asustek Computer  (GREY:ASUUY) 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.


Asustek Computer Cyclically Adjusted PB Ratio Related Terms

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


Asustek Computer (Asustek Computer) Business Description

Traded in Other Exchanges
Address
No.15, Li-Te Road, Peitou, Taipei, TWN
Asustek Computer Inc is a computer hardware and electronics company producing and selling 3C products including PCs, mainboards other boards and cards, tablet PCs, smartphones, and other handheld devices, etc. The company operates in Taiwan, China, Singapore, Europe, the United States, and other countries.