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CDW Holding (SGX:BXE) Cyclically Adjusted PB Ratio : 0.43 (As of Jun. 04, 2024)


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What is CDW Holding Cyclically Adjusted PB Ratio?

As of today (2024-06-04), CDW Holding's current share price is S$0.16. CDW Holding's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was S$0.37. CDW Holding's Cyclically Adjusted PB Ratio for today is 0.43.

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

SGX:BXE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.66   Max: 1.24
Current: 0.43

During the past 13 years, CDW Holding's highest Cyclically Adjusted PB Ratio was 1.24. The lowest was 0.33. And the median was 0.66.

SGX:BXE's Cyclically Adjusted PB Ratio is ranked better than
93.29% of 686 companies
in the Semiconductors industry
Industry Median: 2.575 vs SGX:BXE: 0.43

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.

CDW Holding's adjusted book value per share data of for the fiscal year that ended in Dec23 was S$0.323. 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 S$0.37 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


CDW Holding Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CDW Holding'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.

CDW Holding Cyclically Adjusted PB Ratio Chart

CDW Holding 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 0.46 0.62 0.66 0.61 0.52

CDW Holding Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.66 - 0.61 - 0.52

Competitive Comparison of CDW Holding's Cyclically Adjusted PB Ratio

For the Semiconductor Equipment & Materials subindustry, CDW Holding'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.


CDW Holding's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



CDW Holding 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.

CDW Holding's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.16/0.37
=0.43

* 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.

CDW Holding's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, CDW Holding's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.323/117.2957*117.2957
=0.323

Current CPI (Dec23) = 117.2957.

CDW Holding Annual Data

Book Value per Share CPI Adj_Book
201412 0.389 99.707 0.458
201512 0.391 102.015 0.450
201612 0.343 103.225 0.390
201712 0.357 104.984 0.399
201812 0.346 107.622 0.377
201912 0.308 110.700 0.326
202012 0.310 109.711 0.331
202112 0.310 112.349 0.324
202212 0.357 114.548 0.366
202312 0.323 117.296 0.323

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.


CDW Holding  (SGX:BXE) 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.


CDW Holding Cyclically Adjusted PB Ratio Related Terms

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


CDW Holding (SGX:BXE) Business Description

Industry
Traded in Other Exchanges
N/A
Address
11 Wo Shing Street, Fo Tan, Shatin, Room 6-10, 11th Floor, CCT Telecom Building, New Territories, Hong Kong, HKG
CDW Holding Ltd is engaged in the production of precision components for mobile communication equipment, game box entertainment equipment, consumer and information technology equipment, office equipment, and electrical appliances. The business company operates in various segments that include Liquid Crystal Display (LCD) backlight units, which manufactures backlight units for LCD; Office Automation, which manufactures and trades parts for office equipment and electrical appliances; LCD Parts and Accessories, which manufacture and trade precision accessories for LCD modules; and Others, which includes general trading, food and beverage business, and management and advisory services. The LCD Backlight Units segment generates maximum revenue for the company.

CDW Holding (SGX:BXE) Headlines

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