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AimCore technology Co (ROCO:3615) Cyclically Adjusted PB Ratio : 0.60 (As of Jun. 10, 2024)


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What is AimCore technology Co Cyclically Adjusted PB Ratio?

As of today (2024-06-10), AimCore technology Co's current share price is NT$25.55. AimCore technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$42.32. AimCore technology Co's Cyclically Adjusted PB Ratio for today is 0.60.

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

ROCO:3615' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.49   Max: 0.76
Current: 0.6

During the past years, AimCore technology Co's highest Cyclically Adjusted PB Ratio was 0.76. The lowest was 0.29. And the median was 0.49.

ROCO:3615's Cyclically Adjusted PB Ratio is ranked better than
83.15% of 1899 companies
in the Hardware industry
Industry Median: 1.65 vs ROCO:3615: 0.60

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.

AimCore technology Co's adjusted book value per share data for the three months ended in Mar. 2024 was NT$32.898. 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$42.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AimCore technology Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AimCore 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.

AimCore technology Co Cyclically Adjusted PB Ratio Chart

AimCore 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 0.41 0.65 0.60 0.39 0.54

AimCore 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 0.41 0.52 0.58 0.54 0.61

Competitive Comparison of AimCore technology Co's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, AimCore 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.


AimCore technology Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



AimCore 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.

AimCore technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.55/42.32
=0.60

* 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.

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

For example, AimCore 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)
=32.898/131.7762*131.7762
=32.898

Current CPI (Mar. 2024) = 131.7762.

AimCore technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 37.990 100.560 49.783
201409 36.609 100.428 48.036
201412 36.451 99.070 48.485
201503 36.514 99.621 48.300
201506 36.658 100.684 47.978
201509 37.083 100.392 48.676
201512 36.957 99.792 48.802
201603 36.643 100.470 48.061
201606 36.287 101.688 47.024
201609 36.731 101.861 47.518
201612 37.880 101.863 49.004
201703 37.789 102.862 48.411
201706 37.478 103.349 47.787
201709 38.582 104.136 48.823
201712 38.513 104.011 48.794
201803 39.091 105.290 48.925
201806 38.545 106.317 47.775
201809 38.390 106.507 47.498
201812 38.111 105.998 47.379
201903 38.039 107.251 46.738
201906 37.276 108.070 45.453
201909 37.080 108.329 45.106
201912 31.450 108.420 38.225
202003 31.257 108.902 37.823
202006 31.104 108.767 37.684
202009 30.371 109.815 36.445
202012 30.401 109.897 36.454
202103 30.824 111.754 36.346
202106 31.402 114.631 36.099
202109 31.685 115.734 36.077
202112 32.167 117.630 36.036
202203 33.028 121.301 35.880
202206 32.300 125.017 34.046
202209 32.408 125.227 34.103
202212 32.694 125.222 34.405
202303 32.946 127.348 34.092
202306 33.232 128.729 34.019
202309 33.453 129.860 33.947
202312 33.417 129.419 34.026
202403 32.898 131.776 32.898

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.


AimCore technology Co  (ROCO:3615) 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.


AimCore technology Co Cyclically Adjusted PB Ratio Related Terms

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


AimCore technology Co (ROCO:3615) Business Description

Traded in Other Exchanges
N/A
Address
No 10 Kuangfu N.Road, Hsin Chu Industrial Park, Hsinchu, TWN, 30351
AimCore technology Co Ltd focuses on the manufacture and sale of conductive glass in Taiwan. Its products include touch panel ITO glass, TN/STN LCD ITO glass, black matrix glass, and color filter top ITO glass.

AimCore technology Co (ROCO:3615) Headlines

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