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Thunder Tiger (TPE:8033) Cyclically Adjusted PB Ratio : 9.69 (As of Jun. 09, 2024)


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What is Thunder Tiger Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Thunder Tiger's current share price is NT$72.60. Thunder Tiger's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$7.49. Thunder Tiger's Cyclically Adjusted PB Ratio for today is 9.69.

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

TPE:8033' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.88   Med: 2.41   Max: 10.88
Current: 9.69

During the past years, Thunder Tiger's highest Cyclically Adjusted PB Ratio was 10.88. The lowest was 0.88. And the median was 2.41.

TPE:8033's Cyclically Adjusted PB Ratio is ranked worse than
95.15% of 618 companies
in the Travel & Leisure industry
Industry Median: 1.385 vs TPE:8033: 9.69

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.

Thunder Tiger's adjusted book value per share data for the three months ended in Mar. 2024 was NT$8.663. 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$7.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thunder Tiger Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Thunder Tiger'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.

Thunder Tiger Cyclically Adjusted PB Ratio Chart

Thunder Tiger 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 1.36 2.02 2.41 5.86 7.65

Thunder Tiger 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 8.00 9.30 7.90 7.65 8.69

Competitive Comparison of Thunder Tiger's Cyclically Adjusted PB Ratio

For the Leisure subindustry, Thunder Tiger'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.


Thunder Tiger's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

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

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



Thunder Tiger 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.

Thunder Tiger's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=72.60/7.49
=9.69

* 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.

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

For example, Thunder Tiger'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)
=8.663/131.7762*131.7762
=8.663

Current CPI (Mar. 2024) = 131.7762.

Thunder Tiger Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.185 100.560 10.726
201409 7.860 100.428 10.313
201412 7.435 99.070 9.890
201503 7.522 99.621 9.950
201506 7.657 100.684 10.022
201509 7.553 100.392 9.914
201512 6.678 99.792 8.818
201603 6.553 100.470 8.595
201606 6.364 101.688 8.247
201609 6.151 101.861 7.957
201612 5.161 101.863 6.677
201703 4.862 102.862 6.229
201706 4.899 103.349 6.247
201709 5.640 104.136 7.137
201712 5.533 104.011 7.010
201803 5.417 105.290 6.780
201806 5.613 106.317 6.957
201809 5.562 106.507 6.882
201812 5.168 105.998 6.425
201903 5.180 107.251 6.365
201906 5.230 108.070 6.377
201909 5.134 108.329 6.245
201912 4.781 108.420 5.811
202003 4.932 108.902 5.968
202006 4.856 108.767 5.883
202009 4.776 109.815 5.731
202012 4.785 109.897 5.738
202103 4.801 111.754 5.661
202106 6.269 114.631 7.207
202109 6.187 115.734 7.045
202112 6.099 117.630 6.832
202203 6.128 121.301 6.657
202206 6.217 125.017 6.553
202209 6.387 125.227 6.721
202212 6.306 125.222 6.636
202303 8.509 127.348 8.805
202306 8.594 128.729 8.797
202309 8.565 129.860 8.691
202312 8.390 129.419 8.543
202403 8.663 131.776 8.663

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.


Thunder Tiger  (TPE:8033) 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.


Thunder Tiger Cyclically Adjusted PB Ratio Related Terms

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


Thunder Tiger (TPE:8033) Business Description

Traded in Other Exchanges
N/A
Address
No.7, 6th Road, Industry Park, Taichung, TWN, 40755
Thunder Tiger Corp is a Taiwan-based company engaged in the manufacturing and selling of remote-controlled planes, helicopters, cars, boats, engine parts, and medical devices. The company has a presence in the USA, Taiwan, and others.

Thunder Tiger (TPE:8033) Headlines

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