GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Asustek Computer Inc (LSE:ASKD) » Definitions » Cyclically Adjusted PB Ratio

Asustek Computer (LSE:ASKD) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


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

What is Asustek Computer Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

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 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)
=54.244/131.7762*131.7762
=54.244

Current CPI (Mar. 2024) = 131.7762.

Asustek Computer Quarterly Data

Book Value per Share CPI Adj_Book
201406 31.255 100.560 40.957
201409 32.275 100.428 42.350
201412 34.501 99.070 45.891
201503 36.449 99.621 48.214
201506 35.033 100.684 45.852
201509 33.885 100.392 44.478
201512 33.735 99.792 44.547
201603 35.007 100.470 45.915
201606 33.757 101.688 43.745
201609 37.187 101.861 48.108
201612 37.487 101.863 48.496
201703 40.294 102.862 51.620
201706 37.973 103.349 48.418
201709 38.328 104.136 48.501
201712 38.648 104.011 48.965
201803 40.104 105.290 50.193
201806 36.227 106.317 44.902
201809 36.456 106.507 45.105
201812 34.650 105.998 43.077
201903 36.247 107.251 44.536
201906 33.963 108.070 41.413
201909 35.631 108.329 43.343
201912 38.634 108.420 46.957
202003 36.827 108.902 44.562
202006 38.265 108.767 46.360
202009 41.602 109.815 49.922
202012 47.288 109.897 56.703
202103 50.691 111.754 59.773
202106 48.420 114.631 55.662
202109 51.587 115.734 58.737
202112 55.344 117.630 62.000
202203 57.160 121.301 62.096
202206 46.743 125.017 49.270
202209 45.738 125.227 48.130
202212 45.798 125.222 48.195
202303 47.436 127.348 49.086
202306 47.004 128.729 48.117
202309 48.038 129.860 48.747
202312 50.723 129.419 51.647
202403 54.244 131.776 54.244

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  (LSE:ASKD) 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 (LSE:ASKD) Business Description

Industry
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.

Asustek Computer (LSE:ASKD) Headlines

No Headlines