GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Alcor Micro Corp (ROCO:8054) » Definitions » Cyclically Adjusted PB Ratio

Alcor Micro (ROCO:8054) Cyclically Adjusted PB Ratio : 4.92 (As of Jun. 08, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Alcor Micro Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Alcor Micro's current share price is NT$163.50. Alcor Micro's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$33.22. Alcor Micro's Cyclically Adjusted PB Ratio for today is 4.92.

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

ROCO:8054' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 1.1   Max: 6.23
Current: 5.04

During the past years, Alcor Micro's highest Cyclically Adjusted PB Ratio was 6.23. The lowest was 0.37. And the median was 1.10.

ROCO:8054's Cyclically Adjusted PB Ratio is ranked worse than
87.2% of 1899 companies
in the Hardware industry
Industry Median: 1.67 vs ROCO:8054: 5.04

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.

Alcor Micro's adjusted book value per share data for the three months ended in Mar. 2024 was NT$29.829. 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$33.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alcor Micro Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Alcor Micro'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.

Alcor Micro Cyclically Adjusted PB Ratio Chart

Alcor Micro 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 0.50 0.74 2.00 0.94 3.56

Alcor Micro 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 1.05 1.06 1.08 3.56 4.46

Competitive Comparison of Alcor Micro's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Alcor Micro'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.


Alcor Micro's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Alcor Micro 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.

Alcor Micro's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=163.50/33.22
=4.92

* 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.

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

For example, Alcor Micro'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)
=29.829/131.7762*131.7762
=29.829

Current CPI (Mar. 2024) = 131.7762.

Alcor Micro Quarterly Data

Book Value per Share CPI Adj_Book
201406 24.775 100.560 32.466
201409 24.455 100.428 32.089
201412 25.657 99.070 34.127
201503 26.636 99.621 35.233
201506 25.530 100.684 33.414
201509 25.775 100.392 33.833
201512 25.964 99.792 34.286
201603 25.991 100.470 34.090
201606 26.250 101.688 34.017
201609 26.367 101.861 34.111
201612 26.315 101.863 34.043
201703 26.660 102.862 34.154
201706 26.632 103.349 33.957
201709 26.908 104.136 34.050
201712 26.739 104.011 33.877
201803 27.862 105.290 34.871
201806 27.526 106.317 34.118
201809 27.611 106.507 34.162
201812 27.571 105.998 34.276
201903 27.533 107.251 33.829
201906 27.052 108.070 32.986
201909 27.810 108.329 33.829
201912 27.341 108.420 33.231
202003 26.563 108.902 32.143
202006 26.065 108.767 31.579
202009 26.126 109.815 31.351
202012 27.770 109.897 33.299
202103 27.797 111.754 32.777
202106 28.613 114.631 32.892
202109 31.177 115.734 35.498
202112 33.104 117.630 37.085
202203 30.195 121.301 32.803
202206 30.759 125.017 32.422
202209 30.665 125.227 32.269
202212 30.338 125.222 31.926
202303 29.260 127.348 30.277
202306 30.323 128.729 31.041
202309 31.082 129.860 31.541
202312 30.414 129.419 30.968
202403 29.829 131.776 29.829

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.


Alcor Micro  (ROCO:8054) 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.


Alcor Micro Cyclically Adjusted PB Ratio Related Terms

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


Alcor Micro (ROCO:8054) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.66, Sanchong Road, 9th Floor, Nangang District, Taipei, TWN, 115
Alcor Micro Corp designs develops, and markets integrated semiconductors as well as software solutions for personal computer peripherals and consumer electronics in Taiwan. Its products include SD card controllers, USB flash drive controllers, and SSD controllers.

Alcor Micro (ROCO:8054) Headlines

No Headlines