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King Slide Works Co (TPE:2059) Cyclically Adjusted PB Ratio : 8.50 (As of Jun. 05, 2024)


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What is King Slide Works Co Cyclically Adjusted PB Ratio?

As of today (2024-06-05), King Slide Works Co's current share price is NT$1115.00. King Slide Works Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$131.23. King Slide Works Co's Cyclically Adjusted PB Ratio for today is 8.50.

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

TPE:2059' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.25   Med: 4.26   Max: 10.87
Current: 8.57

During the past years, King Slide Works Co's highest Cyclically Adjusted PB Ratio was 10.87. The lowest was 3.25. And the median was 4.26.

TPE:2059's Cyclically Adjusted PB Ratio is ranked worse than
93.16% of 307 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.51 vs TPE:2059: 8.57

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.

King Slide Works Co's adjusted book value per share data for the three months ended in Mar. 2024 was NT$187.356. 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$131.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


King Slide Works Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for King Slide Works 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.

King Slide Works Co Cyclically Adjusted PB Ratio Chart

King Slide Works 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 4.61 3.53 5.28 3.39 7.23

King Slide Works 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 3.26 5.47 6.65 7.23 9.56

Competitive Comparison of King Slide Works Co's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, King Slide Works 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.


King Slide Works Co's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, King Slide Works Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where King Slide Works Co's Cyclically Adjusted PB Ratio falls into.



King Slide Works 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.

King Slide Works Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1115.00/131.23
=8.50

* 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.

King Slide Works Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, King Slide Works 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)
=187.356/131.7762*131.7762
=187.356

Current CPI (Mar. 2024) = 131.7762.

King Slide Works Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 62.214 100.560 81.527
201409 66.832 100.428 87.694
201412 73.541 99.070 97.820
201503 77.676 99.621 102.748
201506 71.831 100.684 94.013
201509 79.863 100.392 104.830
201512 84.670 99.792 111.807
201603 87.525 100.470 114.797
201606 80.563 101.688 104.400
201609 83.723 101.861 108.311
201612 90.874 101.863 117.561
201703 91.962 102.862 117.812
201706 85.256 103.349 108.706
201709 88.765 104.136 112.326
201712 92.126 104.011 116.718
201803 95.518 105.290 119.547
201806 96.479 106.317 119.583
201809 100.639 106.507 124.516
201812 105.717 105.998 131.427
201903 110.418 107.251 135.668
201906 104.607 108.070 127.554
201909 109.227 108.329 132.868
201912 112.496 108.420 136.730
202003 117.289 108.902 141.925
202006 111.008 108.767 134.491
202009 114.135 109.815 136.960
202012 116.699 109.897 139.933
202103 121.254 111.754 142.978
202106 125.277 114.631 144.014
202109 125.773 115.734 143.206
202112 132.253 117.630 148.158
202203 141.854 121.301 154.104
202206 141.454 125.017 149.102
202209 157.048 125.227 165.262
202212 164.101 125.222 172.690
202303 168.908 127.348 174.782
202306 156.377 128.729 160.079
202309 167.064 129.860 169.530
202312 172.473 129.419 175.614
202403 187.356 131.776 187.356

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.


King Slide Works Co  (TPE:2059) 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.


King Slide Works Co Cyclically Adjusted PB Ratio Related Terms

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


King Slide Works Co (TPE:2059) Business Description

Traded in Other Exchanges
N/A
Address
No. 136, Lane 275, Shun An Road, Lu Chu District, Kaohsiung, TWN, 82150
King Slide Works Co Ltd is a Taiwan-based company that manufactures and distributes electronic parts and components. The company operates primarily through two subsidiaries: King Slide Works and King Slide Technology. King Slide Works is a Taiwan-based company that develops, manufactures, and markets furniture accessories, including under-mount slides, ball-bearing slides, epoxy-coated drawer slides, and hinges. King Slide Technology develops and manufactures high-precision metal components applied in computer, communications, and consumer electronics products. The company has a global presence, with Taiwan, America, and China being its three largest markets.

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