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Accton Technology (Accton Technology) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


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What is Accton Technology Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Accton Technology Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Accton Technology'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.

Accton Technology Cyclically Adjusted PB Ratio Chart

Accton Technology 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 10.25 18.22 13.26 10.49 20.55

Accton Technology 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 13.70 14.53 19.84 20.55 17.31

Competitive Comparison of Accton Technology's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Accton Technology'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.


Accton Technology's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Accton Technology 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.

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

For example, Accton Technology'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)
=1.721/131.7762*131.7762
=1.721

Current CPI (Mar. 2024) = 131.7762.

Accton Technology Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.437 100.560 0.573
201409 0.443 100.428 0.581
201412 0.453 99.070 0.603
201503 0.456 99.621 0.603
201506 0.441 100.684 0.577
201509 0.448 100.392 0.588
201512 0.466 99.792 0.615
201603 0.486 100.470 0.637
201606 0.454 101.688 0.588
201609 0.486 101.861 0.629
201612 0.507 101.863 0.656
201703 0.553 102.862 0.708
201706 0.500 103.349 0.638
201709 0.543 104.136 0.687
201712 0.583 104.011 0.739
201803 0.634 105.290 0.793
201806 0.525 106.317 0.651
201809 0.553 106.507 0.684
201812 0.601 105.998 0.747
201903 0.652 107.251 0.801
201906 0.590 108.070 0.719
201909 0.685 108.329 0.833
201912 0.761 108.420 0.925
202003 0.822 108.902 0.995
202006 0.694 108.767 0.841
202009 0.802 109.815 0.962
202012 0.924 109.897 1.108
202103 0.993 111.754 1.171
202106 0.835 114.631 0.960
202109 0.907 115.734 1.033
202112 1.009 117.630 1.130
202203 1.077 121.301 1.170
202206 0.949 125.017 1.000
202209 1.045 125.227 1.100
202212 1.199 125.222 1.262
202303 1.328 127.348 1.374
202306 1.197 128.729 1.225
202309 1.299 129.860 1.318
202312 1.450 129.419 1.476
202403 1.721 131.776 1.721

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.


Accton Technology  (GREY:ACTZF) 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.


Accton Technology Cyclically Adjusted PB Ratio Related Terms

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Accton Technology (Accton Technology) Business Description

Traded in Other Exchanges
Address
No. 1, Creation 3rd Road, Hsinchu Science Park, East District, Hsinchu, TWN, 30077
Accton Technology Corp develops, manufactures and sells innovative high-quality products for computer network systems and wireless land area network (LAN) hardware and software products and renders related technical consulting and engineering design services. The products and services offered by the company is Switch, Network Application, Metro Access Switch, Other and Wireless. Roughly half of the firm's revenue is generated in the United States, with the rest coming from Taiwan, the rest of Asia, Europe, and other regions.

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