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Userjoy Technology Co (ROCO:3546) Cyclically Adjusted PB Ratio : 3.19 (As of Jun. 06, 2024)


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What is Userjoy Technology Co Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Userjoy Technology Co's current share price is NT$88.40. Userjoy Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$27.74. Userjoy Technology Co's Cyclically Adjusted PB Ratio for today is 3.19.

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

ROCO:3546' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.52   Med: 3.14   Max: 4.49
Current: 3.2

During the past years, Userjoy Technology Co's highest Cyclically Adjusted PB Ratio was 4.49. The lowest was 2.52. And the median was 3.14.

ROCO:3546's Cyclically Adjusted PB Ratio is ranked worse than
71.38% of 297 companies
in the Interactive Media industry
Industry Median: 1.6 vs ROCO:3546: 3.20

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.

Userjoy Technology Co's adjusted book value per share data for the three months ended in Mar. 2024 was NT$31.936. 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$27.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Userjoy Technology Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Userjoy Technology Co'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.

Userjoy Technology Co Cyclically Adjusted PB Ratio Chart

Userjoy Technology Co 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 3.96 4.22 3.74 2.86 2.88

Userjoy Technology Co 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 2.90 3.23 3.01 2.88 2.98

Competitive Comparison of Userjoy Technology Co's Cyclically Adjusted PB Ratio

For the Electronic Gaming & Multimedia subindustry, Userjoy Technology Co'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.


Userjoy Technology Co's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Userjoy Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Userjoy Technology Co's Cyclically Adjusted PB Ratio falls into.



Userjoy Technology Co 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.

Userjoy Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=88.40/27.74
=3.19

* 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.

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

For example, Userjoy Technology Co'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)
=31.936/131.7762*131.7762
=31.936

Current CPI (Mar. 2024) = 131.7762.

Userjoy Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 17.188 100.560 22.524
201409 17.027 100.428 22.342
201412 17.484 99.070 23.256
201503 17.511 99.621 23.163
201506 16.184 100.684 21.182
201509 16.196 100.392 21.259
201512 16.641 99.792 21.974
201603 17.450 100.470 22.887
201606 19.452 101.688 25.208
201609 19.665 101.861 25.440
201612 19.938 101.863 25.793
201703 20.557 102.862 26.335
201706 19.576 103.349 24.961
201709 20.437 104.136 25.862
201712 21.699 104.011 27.491
201803 23.399 105.290 29.285
201806 22.313 106.317 27.656
201809 22.658 106.507 28.034
201812 23.115 105.998 28.736
201903 24.357 107.251 29.927
201906 21.635 108.070 26.381
201909 22.305 108.329 27.133
201912 23.548 108.420 28.621
202003 23.977 108.902 29.013
202006 23.499 108.767 28.470
202009 24.921 109.815 29.905
202012 26.360 109.897 31.608
202103 28.985 111.754 34.178
202106 30.189 114.631 34.704
202109 27.143 115.734 30.905
202112 28.789 117.630 32.251
202203 29.307 121.301 31.838
202206 26.714 125.017 28.158
202209 28.221 125.227 29.697
202212 29.910 125.222 31.476
202303 31.260 127.348 32.347
202306 27.535 128.729 28.187
202309 27.994 129.860 28.407
202312 30.349 129.419 30.902
202403 31.936 131.776 31.936

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.


Userjoy Technology Co  (ROCO:3546) 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.


Userjoy Technology Co Cyclically Adjusted PB Ratio Related Terms

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


Userjoy Technology Co (ROCO:3546) Business Description

Traded in Other Exchanges
N/A
Address
17F-8, No.2, Jian 8th Road, Zhonghe District, New Taipei City, Taipei, TWN, 235
Userjoy Technology Co Ltd is an electronic gaming company based in Taiwan. It is specialized in developing and publishing games in personal computer platform. It also offers mobile games, web games, and massively multiplayer online game. It has developed various games such as the legend of three kingdoms series, the twin heroes series, fantasia sango series, angels online, and rub mah-jong online.

Userjoy Technology Co (ROCO:3546) Headlines

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