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Kintech Electronics Co (ROCO:6210) Cyclically Adjusted PB Ratio : 0.93 (As of Jun. 10, 2024)


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What is Kintech Electronics Co Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Kintech Electronics Co's current share price is NT$24.60. Kintech Electronics Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$26.47. Kintech Electronics Co's Cyclically Adjusted PB Ratio for today is 0.93.

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

ROCO:6210' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.9   Med: 1.69   Max: 2.5
Current: 0.93

During the past years, Kintech Electronics Co's highest Cyclically Adjusted PB Ratio was 2.50. The lowest was 0.90. And the median was 1.69.

ROCO:6210's Cyclically Adjusted PB Ratio is ranked better than
71.72% of 1899 companies
in the Hardware industry
Industry Median: 1.65 vs ROCO:6210: 0.93

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.

Kintech Electronics Co's adjusted book value per share data for the three months ended in Mar. 2024 was NT$16.029. 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$26.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kintech Electronics Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kintech Electronics 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.

Kintech Electronics Co Cyclically Adjusted PB Ratio Chart

Kintech Electronics 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 2.11 1.76 1.69 1.36 1.14

Kintech Electronics 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 1.37 1.30 1.16 1.14 0.97

Competitive Comparison of Kintech Electronics Co's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Kintech Electronics 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.


Kintech Electronics Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Kintech Electronics 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.

Kintech Electronics Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.60/26.47
=0.93

* 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.

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

For example, Kintech Electronics 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)
=16.029/131.7762*131.7762
=16.029

Current CPI (Mar. 2024) = 131.7762.

Kintech Electronics Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 17.327 100.560 22.706
201409 18.912 100.428 24.815
201412 21.048 99.070 27.997
201503 22.979 99.621 30.396
201506 19.874 100.684 26.011
201509 21.312 100.392 27.975
201512 22.399 99.792 29.578
201603 23.345 100.470 30.619
201606 20.272 101.688 26.270
201609 20.571 101.861 26.612
201612 21.732 101.863 28.114
201703 23.040 102.862 29.516
201706 21.899 103.349 27.923
201709 23.139 104.136 29.281
201712 23.756 104.011 30.098
201803 24.593 105.290 30.780
201806 21.975 106.317 27.237
201809 22.146 106.507 27.400
201812 23.072 105.998 28.683
201903 23.638 107.251 29.043
201906 22.275 108.070 27.161
201909 23.456 108.329 28.533
201912 24.674 108.420 29.989
202003 22.695 108.902 27.462
202006 23.245 108.767 28.162
202009 23.834 109.815 28.600
202012 24.974 109.897 29.946
202103 22.331 111.754 26.332
202106 23.153 114.631 26.616
202109 23.977 115.734 27.300
202112 24.912 117.630 27.908
202203 22.499 121.301 24.442
202206 22.527 125.017 23.745
202209 22.825 125.227 24.019
202212 22.911 125.222 24.110
202303 20.450 127.348 21.161
202306 19.546 128.729 20.009
202309 18.726 129.860 19.002
202312 16.982 129.419 17.291
202403 16.029 131.776 16.029

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.


Kintech Electronics Co  (ROCO:6210) 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.


Kintech Electronics Co Cyclically Adjusted PB Ratio Related Terms

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


Kintech Electronics Co (ROCO:6210) Business Description

Traded in Other Exchanges
N/A
Address
No. 24 Songjiang North Road, Zhongyu District, Taoyuan City, TWN
Kintech Electronics Co Ltd is engaged in the manufacturing and selling of a printed circuit board including double-layer and multi-layer PCB. The company's products are components for consumer electronics, communication equipment, personal computers, and others.

Kintech Electronics Co (ROCO:6210) Headlines

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