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Quanta Storage (ROCO:6188) Cyclically Adjusted PB Ratio : 3.23 (As of Jun. 06, 2024)


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What is Quanta Storage Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Quanta Storage's current share price is NT$115.00. Quanta Storage's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$35.64. Quanta Storage's Cyclically Adjusted PB Ratio for today is 3.23.

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

ROCO:6188' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 1.26   Max: 3.51
Current: 3.51

During the past years, Quanta Storage's highest Cyclically Adjusted PB Ratio was 3.51. The lowest was 0.73. And the median was 1.26.

ROCO:6188's Cyclically Adjusted PB Ratio is ranked worse than
77.73% of 1895 companies
in the Hardware industry
Industry Median: 1.68 vs ROCO:6188: 3.51

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 Storage's adjusted book value per share data for the three months ended in Mar. 2024 was NT$31.508. 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$35.64 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Quanta Storage Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Quanta Storage'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 Storage Cyclically Adjusted PB Ratio Chart

Quanta Storage 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 1.31 1.23 1.46 1.15 2.32

Quanta Storage 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 1.64 2.09 2.33 2.32 2.75

Competitive Comparison of Quanta Storage's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Quanta Storage'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 Storage's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=115.00/35.64
=3.23

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

For example, Quanta Storage'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)
=31.508/131.7762*131.7762
=31.508

Current CPI (Mar. 2024) = 131.7762.

Quanta Storage Quarterly Data

Book Value per Share CPI Adj_Book
201406 30.258 100.560 39.651
201409 31.462 100.428 41.283
201412 33.027 99.070 43.930
201503 33.046 99.621 43.712
201506 30.089 100.684 39.381
201509 31.027 100.392 40.727
201512 30.866 99.792 40.759
201603 38.401 100.470 50.366
201606 29.684 101.688 38.467
201609 29.238 101.861 37.825
201612 29.746 101.863 38.481
201703 29.069 102.862 37.240
201706 28.335 103.349 36.129
201709 28.380 104.136 35.913
201712 28.765 104.011 36.444
201803 29.223 105.290 36.574
201806 28.242 106.317 35.005
201809 27.894 106.507 34.512
201812 28.809 105.998 35.815
201903 29.751 107.251 36.554
201906 28.730 108.070 35.032
201909 28.543 108.329 34.721
201912 28.321 108.420 34.422
202003 26.616 108.902 32.207
202006 24.704 108.767 29.930
202009 25.451 109.815 30.541
202012 26.167 109.897 31.377
202103 26.089 111.754 30.763
202106 26.725 114.631 30.722
202109 27.572 115.734 31.394
202112 30.307 117.630 33.952
202203 29.369 121.301 31.905
202206 30.405 125.017 32.049
202209 31.692 125.227 33.350
202212 32.207 125.222 33.893
202303 29.962 127.348 31.004
202306 30.613 128.729 31.338
202309 32.430 129.860 32.909
202312 33.192 129.419 33.796
202403 31.508 131.776 31.508

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 Storage  (ROCO:6188) 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 Storage Cyclically Adjusted PB Ratio Related Terms

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


Quanta Storage (ROCO:6188) Business Description

Industry
Traded in Other Exchanges
N/A
Address
6th Floor, No. 58-2, Huaya 2nd Road, Guishan District, Taoyuan, TWN, 333411
Quanta Storage Inc. is a Taiwan-based company, engaged in the research and development, design, manufacture, and supply of optical storage products. It offers a product such as storage and peripheral products which include NAS, DAS, USB-C power delivery and mini docks, adapters, and Wi-Fi storage products, solid state drives and intelligent automation systems. Geographically, it derives a majority of revenue from Mainland China.

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