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Professional Computer Technology (ROCO:6270) Cyclically Adjusted PB Ratio : 1.47 (As of Jun. 06, 2024)


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What is Professional Computer Technology Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Professional Computer Technology's current share price is NT$34.00. Professional Computer Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$23.18. Professional Computer Technology's Cyclically Adjusted PB Ratio for today is 1.47.

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

ROCO:6270' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.01   Max: 1.33
Current: 1.33

During the past years, Professional Computer Technology's highest Cyclically Adjusted PB Ratio was 1.33. The lowest was 0.61. And the median was 1.01.

ROCO:6270's Cyclically Adjusted PB Ratio is ranked better than
73.11% of 688 companies
in the Semiconductors industry
Industry Median: 2.57 vs ROCO:6270: 1.33

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.

Professional Computer Technology's adjusted book value per share data for the three months ended in Mar. 2024 was NT$31.249. 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$23.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Professional Computer Technology Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Professional Computer Technology'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.

Professional Computer Technology Cyclically Adjusted PB Ratio Chart

Professional Computer Technology 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 0.71 0.96 1.18 1.01 1.11

Professional Computer Technology 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 1.05 1.09 0.97 1.11 1.03

Competitive Comparison of Professional Computer Technology's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Professional Computer Technology'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.


Professional Computer Technology's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Professional Computer Technology 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=34.00/23.18
=1.47

* 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.

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

For example, Professional Computer Technology'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)
=31.249/131.7762*131.7762
=31.249

Current CPI (Mar. 2024) = 131.7762.

Professional Computer Technology Quarterly Data

Book Value per Share CPI Adj_Book
201406 18.339 100.560 24.032
201409 18.644 100.428 24.464
201412 18.727 99.070 24.909
201503 18.397 99.621 24.335
201506 16.943 100.684 22.175
201509 17.410 100.392 22.853
201512 17.307 99.792 22.854
201603 17.024 100.470 22.329
201606 17.215 101.688 22.309
201609 17.003 101.861 21.997
201612 16.871 101.863 21.825
201703 16.513 102.862 21.155
201706 17.000 103.349 21.676
201709 18.088 104.136 22.889
201712 17.561 104.011 22.249
201803 17.009 105.290 21.288
201806 16.613 106.317 20.591
201809 16.860 106.507 20.860
201812 16.921 105.998 21.036
201903 18.001 107.251 22.117
201906 16.834 108.070 20.527
201909 18.220 108.329 22.164
201912 18.718 108.420 22.750
202003 17.721 108.902 21.443
202006 19.876 108.767 24.081
202009 20.012 109.815 24.014
202012 21.108 109.897 25.310
202103 20.471 111.754 24.139
202106 19.907 114.631 22.884
202109 19.180 115.734 21.839
202112 20.196 117.630 22.625
202203 23.072 121.301 25.064
202206 19.522 125.017 20.578
202209 20.541 125.227 21.615
202212 21.771 125.222 22.911
202303 23.066 127.348 23.868
202306 22.273 128.729 22.800
202309 25.666 129.860 26.045
202312 32.652 129.419 33.247
202403 31.249 131.776 31.249

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.


Professional Computer Technology  (ROCO:6270) 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.


Professional Computer Technology Cyclically Adjusted PB Ratio Related Terms

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


Professional Computer Technology (ROCO:6270) Business Description

Traded in Other Exchanges
N/A
Address
5F., No. 75, Sec. 1, Shintai 5th Road, Shijr City, Taipei, TWN, 221
Professional Computer Technology Ltd is a Taiwan-based company mainly engaged in the manufacture and sale of semiconductor components. It sells active and passive components, computer basic software, computer application software, and B2B components.

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