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E Ink Holdings (ROCO:8069) Cyclically Adjusted PB Ratio : 6.67 (As of Jun. 08, 2024)


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What is E Ink Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-08), E Ink Holdings's current share price is NT$215.00. E Ink Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$32.24. E Ink Holdings's Cyclically Adjusted PB Ratio for today is 6.67.

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

ROCO:8069' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.9   Med: 3.12   Max: 8.4
Current: 6.81

During the past years, E Ink Holdings's highest Cyclically Adjusted PB Ratio was 8.40. The lowest was 0.90. And the median was 3.12.

ROCO:8069's Cyclically Adjusted PB Ratio is ranked worse than
92.36% of 1899 companies
in the Hardware industry
Industry Median: 1.67 vs ROCO:8069: 6.81

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.

E Ink Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was NT$41.792. 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$32.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


E Ink Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for E Ink Holdings'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.

E Ink Holdings Cyclically Adjusted PB Ratio Chart

E Ink Holdings 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 1.25 1.81 5.58 5.49 6.28

E Ink Holdings 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 6.15 7.37 5.77 6.28 7.06

Competitive Comparison of E Ink Holdings's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, E Ink Holdings'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.


E Ink Holdings's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where E Ink Holdings's Cyclically Adjusted PB Ratio falls into.



E Ink Holdings 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.

E Ink Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=215.00/32.24
=6.67

* 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.

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

For example, E Ink Holdings'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)
=41.792/131.7762*131.7762
=41.792

Current CPI (Mar. 2024) = 131.7762.

E Ink Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 21.716 100.560 28.457
201409 21.970 100.428 28.828
201412 23.353 99.070 31.063
201503 22.047 99.621 29.163
201506 22.018 100.684 28.817
201509 23.038 100.392 30.240
201512 23.394 99.792 30.892
201603 23.089 100.470 30.283
201606 23.239 101.688 30.115
201609 23.414 101.861 30.290
201612 24.177 101.863 31.277
201703 23.736 102.862 30.408
201706 22.738 103.349 28.992
201709 23.809 104.136 30.129
201712 23.975 104.011 30.375
201803 24.355 105.290 30.482
201806 23.592 106.317 29.242
201809 24.398 106.507 30.187
201812 24.711 105.998 30.721
201903 25.688 107.251 31.562
201906 24.811 108.070 30.254
201909 25.115 108.329 30.551
201912 25.565 108.420 31.072
202003 25.051 108.902 30.313
202006 23.833 108.767 28.875
202009 24.558 109.815 29.469
202012 26.895 109.897 32.250
202103 25.989 111.754 30.645
202106 27.816 114.631 31.976
202109 28.133 115.734 32.033
202112 30.837 117.630 34.546
202203 30.611 121.301 33.254
202206 31.417 125.017 33.116
202209 35.850 125.227 37.725
202212 38.308 125.222 40.313
202303 35.187 127.348 36.411
202306 37.474 128.729 38.361
202309 41.003 129.860 41.608
202312 42.860 129.419 43.641
202403 41.792 131.776 41.792

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.


E Ink Holdings  (ROCO:8069) 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.


E Ink Holdings Cyclically Adjusted PB Ratio Related Terms

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


E Ink Holdings (ROCO:8069) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 3, Lixing 1st Road, Hsinchu Science-Based Industrial Park, Hsinchu, TWN, 300
E Ink Holdings Inc manufactures electronic paper products and thin-film transistors based on liquid crystal displays. The electronic paper is based on electrophoretic technology and is a critical display component in electronic readers, electronic shelf labels, mobile phones, and watches. The thin-film transistors have niche market applications in vehicles and entertainment systems, ship and air navigation, security monitoring, medical instruments, and cameras. The firm has operations in the ROC, Asia, and America.

E Ink Holdings (ROCO:8069) Headlines

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