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Yageo (TPE:2327) Cyclically Adjusted PB Ratio : 3.68 (As of Jun. 08, 2024)


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What is Yageo Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Yageo's current share price is NT$678.00. Yageo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$184.10. Yageo's Cyclically Adjusted PB Ratio for today is 3.68.

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

TPE:2327' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.19   Med: 3.47   Max: 6.14
Current: 3.64

During the past years, Yageo's highest Cyclically Adjusted PB Ratio was 6.14. The lowest was 2.19. And the median was 3.47.

TPE:2327's Cyclically Adjusted PB Ratio is ranked worse than
78.88% of 1899 companies
in the Hardware industry
Industry Median: 1.67 vs TPE:2327: 3.64

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.

Yageo's adjusted book value per share data for the three months ended in Mar. 2024 was NT$325.271. 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$184.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yageo Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Yageo'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.

Yageo Cyclically Adjusted PB Ratio Chart

Yageo 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 4.58 5.23 4.42 2.88 3.39

Yageo 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 2.94 3.04 3.39 3.22

Competitive Comparison of Yageo's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Yageo'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.


Yageo's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Yageo 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.

Yageo's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=678.00/184.1
=3.68

* 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.

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

For example, Yageo'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)
=325.271/131.7762*131.7762
=325.271

Current CPI (Mar. 2024) = 131.7762.

Yageo Quarterly Data

Book Value per Share CPI Adj_Book
201406 107.938 100.560 141.445
201409 68.312 100.428 89.635
201412 71.841 99.070 95.558
201503 73.954 99.621 97.824
201506 67.225 100.684 87.985
201509 72.535 100.392 95.211
201512 72.923 99.792 96.295
201603 73.430 100.470 96.310
201606 66.415 101.688 86.066
201609 67.704 101.861 87.588
201612 66.500 101.863 86.029
201703 70.389 102.862 90.175
201706 75.342 103.349 96.065
201709 83.064 104.136 105.112
201712 93.447 104.011 118.392
201803 106.301 105.290 133.042
201806 139.897 106.317 173.398
201809 166.141 106.507 205.559
201812 175.790 105.998 218.541
201903 185.598 107.251 228.040
201906 132.586 108.070 161.671
201909 134.061 108.329 163.077
201912 136.369 108.420 165.746
202003 123.216 108.902 149.097
202006 162.499 108.767 196.874
202009 170.556 109.815 204.665
202012 173.986 109.897 208.625
202103 187.628 111.754 221.243
202106 173.290 114.631 199.208
202109 191.405 115.734 217.936
202112 203.408 117.630 227.871
202203 244.120 121.301 265.201
202206 260.756 125.017 274.855
202209 360.664 125.227 379.528
202212 290.802 125.222 306.023
202303 290.165 127.348 300.255
202306 303.270 128.729 310.450
202309 326.234 129.860 331.049
202312 321.195 129.419 327.044
202403 325.271 131.776 325.271

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.


Yageo  (TPE:2327) 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.


Yageo Cyclically Adjusted PB Ratio Related Terms

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


Yageo (TPE:2327) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 233-1, Baoqiao Road, 3rd Floor, Xindian District, New Taipei, TWN, 23145
Yageo produces passive components for electronic devices. Passive components are necessary for all electronic circuits; they are used to stabilize and control electric flow and remove electromagnetic noise from the circuit. Yageo's main products are multilayer ceramic capacitors, chip resistors, inductors, and tantalum capacitors, which are ranked third, first, third, and first in global production volume, respectively.

Yageo (TPE:2327) Headlines

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