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Dynamic precision industry Co (ROCO:8928) Cyclically Adjusted PB Ratio : 1.86 (As of Jun. 10, 2024)


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What is Dynamic precision industry Co Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Dynamic precision industry Co's current share price is NT$35.70. Dynamic precision industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$19.19. Dynamic precision industry Co's Cyclically Adjusted PB Ratio for today is 1.86.

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

ROCO:8928' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.5   Med: 2.32   Max: 3.26
Current: 1.86

During the past years, Dynamic precision industry Co's highest Cyclically Adjusted PB Ratio was 3.26. The lowest was 1.50. And the median was 2.32.

ROCO:8928's Cyclically Adjusted PB Ratio is ranked worse than
59.58% of 616 companies
in the Travel & Leisure industry
Industry Median: 1.38 vs ROCO:8928: 1.86

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.

Dynamic precision industry Co's adjusted book value per share data for the three months ended in Mar. 2024 was NT$20.104. 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$19.19 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dynamic precision industry Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dynamic precision industry 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.

Dynamic precision industry Co Cyclically Adjusted PB Ratio Chart

Dynamic precision industry 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 3.06 2.16 2.37 2.30 1.72

Dynamic precision industry 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 2.26 2.09 1.87 1.72 1.48

Competitive Comparison of Dynamic precision industry Co's Cyclically Adjusted PB Ratio

For the Leisure subindustry, Dynamic precision industry 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.


Dynamic precision industry Co's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Dynamic precision industry Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Dynamic precision industry Co's Cyclically Adjusted PB Ratio falls into.



Dynamic precision industry 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.

Dynamic precision industry Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=35.70/19.19
=1.86

* 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.

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

For example, Dynamic precision industry 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)
=20.104/131.7762*131.7762
=20.104

Current CPI (Mar. 2024) = 131.7762.

Dynamic precision industry Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.545 100.560 15.129
201409 10.633 100.428 13.952
201412 12.781 99.070 17.000
201503 14.841 99.621 19.631
201506 12.929 100.684 16.922
201509 13.308 100.392 17.468
201512 14.794 99.792 19.536
201603 16.523 100.470 21.671
201606 14.269 101.688 18.491
201609 13.716 101.861 17.744
201612 13.769 101.863 17.812
201703 14.239 102.862 18.242
201706 12.990 103.349 16.563
201709 13.506 104.136 17.091
201712 14.003 104.011 17.741
201803 15.276 105.290 19.119
201806 14.354 106.317 17.791
201809 13.738 106.507 16.997
201812 14.232 105.998 17.693
201903 15.826 107.251 19.445
201906 15.252 108.070 18.598
201909 15.367 108.329 18.693
201912 16.282 108.420 19.790
202003 16.860 108.902 20.401
202006 15.160 108.767 18.367
202009 15.670 109.815 18.804
202012 16.736 109.897 20.068
202103 18.002 111.754 21.227
202106 18.805 114.631 21.618
202109 17.945 115.734 20.432
202112 19.590 117.630 21.946
202203 19.047 121.301 20.692
202206 20.388 125.017 21.490
202209 21.067 125.227 22.169
202212 22.584 125.222 23.766
202303 21.176 127.348 21.912
202306 21.020 128.729 21.518
202309 20.005 129.860 20.300
202312 19.312 129.419 19.664
202403 20.104 131.776 20.104

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.


Dynamic precision industry Co  (ROCO:8928) 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.


Dynamic precision industry Co Cyclically Adjusted PB Ratio Related Terms

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


Dynamic precision industry Co (ROCO:8928) Business Description

Traded in Other Exchanges
N/A
Address
No. 41, Xingye Road, Daliao District, Kaohsiung, TWN
Dynamic precision industry Co Ltd is a manufacturer and seller of golf products. Its products include stainless steel ball heads, titanium alloy ball heads, and putter, as well as metal parts and titanium casting products.

Dynamic precision industry Co (ROCO:8928) Headlines

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