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GlobalWafers Co (ROCO:6488) Cyclically Adjusted PB Ratio : 5.13 (As of May. 26, 2024)


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What is GlobalWafers Co Cyclically Adjusted PB Ratio?

As of today (2024-05-26), GlobalWafers Co's current share price is NT$525.00. GlobalWafers Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$102.29. GlobalWafers Co's Cyclically Adjusted PB Ratio for today is 5.13.

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

ROCO:6488' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.74   Med: 5.4   Max: 6.48
Current: 5.13

During the past years, GlobalWafers Co's highest Cyclically Adjusted PB Ratio was 6.48. The lowest was 4.74. And the median was 5.40.

ROCO:6488's Cyclically Adjusted PB Ratio is ranked worse than
77.92% of 684 companies
in the Semiconductors industry
Industry Median: 2.505 vs ROCO:6488: 5.13

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.

GlobalWafers Co's adjusted book value per share data for the three months ended in Mar. 2024 was NT$149.584. 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$102.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GlobalWafers Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GlobalWafers 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.

GlobalWafers Co Cyclically Adjusted PB Ratio Chart

GlobalWafers 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 - - - - 5.92

GlobalWafers 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 5.67 5.25 4.68 5.92 5.47

Competitive Comparison of GlobalWafers Co's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, GlobalWafers 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.


GlobalWafers Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



GlobalWafers 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=525.00/102.29
=5.13

* 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.

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

For example, GlobalWafers 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)
=149.584/131.7762*131.7762
=149.584

Current CPI (Mar. 2024) = 131.7762.

GlobalWafers Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 38.328 100.560 50.226
201409 0.000 100.428 0.000
201412 40.381 99.070 53.712
201503 44.685 99.621 59.108
201506 39.783 100.684 52.068
201509 44.590 100.392 58.530
201512 45.293 99.792 59.810
201603 46.706 100.470 61.259
201606 44.853 101.688 58.124
201609 45.890 101.861 59.367
201612 42.721 101.863 55.267
201703 42.390 102.862 54.306
201706 69.044 103.349 88.035
201709 72.668 104.136 91.956
201712 77.864 104.011 98.649
201803 84.876 105.290 106.227
201806 83.875 106.317 103.960
201809 91.166 106.507 112.796
201812 99.117 105.998 123.222
201903 107.876 107.251 132.545
201906 92.580 108.070 112.889
201909 98.958 108.329 120.376
201912 103.546 108.420 125.852
202003 84.031 108.902 101.682
202006 91.211 108.767 110.506
202009 99.011 109.815 118.812
202012 101.450 109.897 121.648
202103 102.810 111.754 121.229
202106 104.535 114.631 120.170
202109 108.932 115.734 124.031
202112 104.843 117.630 117.452
202203 108.644 121.301 118.026
202206 103.137 125.017 108.713
202209 115.088 125.227 121.107
202212 124.815 125.222 131.348
202303 133.648 127.348 138.295
202306 135.647 128.729 138.858
202309 152.060 129.860 154.304
202312 152.367 129.419 155.142
202403 149.584 131.776 149.584

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.


GlobalWafers Co  (ROCO:6488) 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.


GlobalWafers Co Cyclically Adjusted PB Ratio Related Terms

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


GlobalWafers Co (ROCO:6488) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Industrial East Road 2, Science-Based Industrial Park, Hsinchu, TWN
GlobalWafers is 51% owned by Sino-American Silicon Products Inc, after being spun off in 2011. The main source of the company's revenue is selling silicon wafers to chipmakers like Taiwan Semiconductor and Texas Instruments. It also derives sales from nonsilicon wafers and green energy. GlobalWafers runs 17 production sites in nine countries across Asia, North America, and Europe. GlobalWafers is headquartered in Hsinchu, Taiwan, and employs over 7,000 people.

GlobalWafers Co (ROCO:6488) Headlines

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