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Nan Ya Plastics (TPE:1303) Cyclically Adjusted PB Ratio : 1.09 (As of May. 17, 2024)


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What is Nan Ya Plastics Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Nan Ya Plastics's current share price is NT$56.50. Nan Ya Plastics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$51.94. Nan Ya Plastics's Cyclically Adjusted PB Ratio for today is 1.09.

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

TPE:1303' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.05   Med: 1.61   Max: 2.08
Current: 1.09

During the past years, Nan Ya Plastics's highest Cyclically Adjusted PB Ratio was 2.08. The lowest was 1.05. And the median was 1.61.

TPE:1303's Cyclically Adjusted PB Ratio is ranked better than
68.19% of 1072 companies
in the Chemicals industry
Industry Median: 1.645 vs TPE:1303: 1.09

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.

Nan Ya Plastics's adjusted book value per share data for the three months ended in Mar. 2024 was NT$45.786. 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$51.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nan Ya Plastics Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nan Ya Plastics'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.

Nan Ya Plastics Cyclically Adjusted PB Ratio Chart

Nan Ya Plastics 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 1.73 1.69 1.85 1.42 1.28

Nan Ya Plastics 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 1.52 1.40 1.28 1.28 1.08

Competitive Comparison of Nan Ya Plastics's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Nan Ya Plastics'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.


Nan Ya Plastics's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nan Ya Plastics's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nan Ya Plastics's Cyclically Adjusted PB Ratio falls into.



Nan Ya Plastics 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.

Nan Ya Plastics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=56.50/51.94
=1.09

* 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.

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

For example, Nan Ya Plastics'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)
=45.786/131.7762*131.7762
=45.786

Current CPI (Mar. 2024) = 131.7762.

Nan Ya Plastics Quarterly Data

Book Value per Share CPI Adj_Book
201406 38.447 100.560 50.382
201409 38.669 100.428 50.739
201412 40.145 99.070 53.398
201503 40.686 99.621 53.818
201506 38.407 100.684 50.268
201509 39.629 100.392 52.018
201512 40.889 99.792 53.994
201603 41.648 100.470 54.625
201606 38.783 101.688 50.258
201609 39.476 101.861 51.070
201612 42.676 101.863 55.208
201703 43.316 102.862 55.492
201706 40.346 103.349 51.444
201709 42.930 104.136 54.325
201712 44.840 104.011 56.810
201803 48.835 105.290 61.120
201806 46.934 106.317 58.173
201809 48.020 106.507 59.413
201812 47.369 105.998 58.889
201903 49.031 107.251 60.243
201906 44.512 108.070 54.276
201909 43.700 108.329 53.158
201912 43.447 108.420 52.806
202003 41.047 108.902 49.669
202006 38.995 108.767 47.244
202009 39.834 109.815 47.800
202012 43.453 109.897 52.104
202103 46.215 111.754 54.495
202106 46.185 114.631 53.093
202109 50.179 115.734 57.134
202112 52.210 117.630 58.489
202203 55.201 121.301 59.968
202206 48.783 125.017 51.421
202209 48.483 125.227 51.019
202212 47.297 125.222 49.773
202303 44.885 127.348 46.446
202306 44.374 128.729 45.425
202309 46.051 129.860 46.731
202312 45.411 129.419 46.238
202403 45.786 131.776 45.786

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.


Nan Ya Plastics  (TPE:1303) 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.


Nan Ya Plastics Cyclically Adjusted PB Ratio Related Terms

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


Nan Ya Plastics (TPE:1303) Business Description

Traded in Other Exchanges
N/A
Address
101, Shuiguan Road, Renwu District, Kaohsiung, TWN, 814
Nan Ya Plastics Corp manufactures and sells a variety of polyester and electronic products. The company's segments include plastic products, plastic material, electronic material, and fiber products. Its plastic product segments include the manufacture and sale of plastic processing products including flexible polyvinyl chloride (PVC) sheets. The plastic material segment is engaged in the manufacture and sale of plastic petrochemical raw materials such as ethylene glycol. The electronic materials segment is engaged in the manufacture and sale of copper clad laminate. The fiber products segment engages in the production and sale of polyester products. The company operates in Taiwan, China, Hong Kong, and others.

Nan Ya Plastics (TPE:1303) Headlines

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