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Standard Chemical & Pharmaceutical Co (TPE:1720) Cyclically Adjusted PB Ratio : 2.72 (As of Jun. 04, 2024)


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What is Standard Chemical & Pharmaceutical Co Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Standard Chemical & Pharmaceutical Co's current share price is NT$70.00. Standard Chemical & Pharmaceutical Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$25.78. Standard Chemical & Pharmaceutical Co's Cyclically Adjusted PB Ratio for today is 2.72.

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

TPE:1720' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.46   Med: 1.88   Max: 3.1
Current: 2.71

During the past years, Standard Chemical & Pharmaceutical Co's highest Cyclically Adjusted PB Ratio was 3.10. The lowest was 1.46. And the median was 1.88.

TPE:1720's Cyclically Adjusted PB Ratio is ranked worse than
63.4% of 724 companies
in the Drug Manufacturers industry
Industry Median: 1.875 vs TPE:1720: 2.71

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.

Standard Chemical & Pharmaceutical Co's adjusted book value per share data for the three months ended in Mar. 2024 was NT$29.659. 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$25.78 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Standard Chemical & Pharmaceutical Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Standard Chemical & Pharmaceutical 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.

Standard Chemical & Pharmaceutical Co Cyclically Adjusted PB Ratio Chart

Standard Chemical & Pharmaceutical Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.61 1.67 1.83 1.92 2.55

Standard Chemical & Pharmaceutical Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 2.55 2.25 2.88 2.61 2.56

Competitive Comparison of Standard Chemical & Pharmaceutical Co's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Standard Chemical & Pharmaceutical 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.


Standard Chemical & Pharmaceutical Co's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Standard Chemical & Pharmaceutical Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Standard Chemical & Pharmaceutical Co's Cyclically Adjusted PB Ratio falls into.



Standard Chemical & Pharmaceutical 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.

Standard Chemical & Pharmaceutical Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=70.00/25.78
=2.72

* 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.

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

For example, Standard Chemical & Pharmaceutical 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)
=29.659/131.7762*131.7762
=29.659

Current CPI (Mar. 2024) = 131.7762.

Standard Chemical & Pharmaceutical Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 19.057 99.695 25.190
201406 17.327 100.560 22.706
201409 17.732 100.428 23.267
201412 18.492 99.070 24.597
201503 19.088 99.621 25.249
201506 18.431 100.684 24.123
201509 19.037 100.392 24.988
201512 19.836 99.792 26.194
201603 20.405 100.470 26.763
201606 19.429 101.688 25.178
201609 20.216 101.861 26.153
201612 20.814 101.863 26.926
201703 20.919 102.862 26.799
201706 20.020 103.349 25.527
201709 20.635 104.136 26.112
201712 20.551 104.011 26.037
201803 20.842 105.290 26.085
201806 19.853 106.317 24.607
201809 20.340 106.507 25.166
201812 20.600 105.998 25.610
201903 20.926 107.251 25.711
201906 19.900 108.070 24.265
201909 20.404 108.329 24.820
201912 18.945 108.420 23.026
202003 19.922 108.902 24.107
202006 20.963 108.767 25.398
202009 21.303 109.815 25.563
202012 22.194 109.897 26.613
202103 23.768 111.754 28.026
202106 22.610 114.631 25.992
202109 23.293 115.734 26.522
202112 24.298 117.630 27.220
202203 22.764 121.301 24.730
202206 24.009 125.017 25.307
202209 25.379 125.227 26.706
202212 26.599 125.222 27.991
202303 25.388 127.348 26.271
202306 26.925 128.729 27.562
202309 28.193 129.860 28.609
202403 29.659 131.776 29.659

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.


Standard Chemical & Pharmaceutical Co  (TPE:1720) 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.


Standard Chemical & Pharmaceutical Co Cyclically Adjusted PB Ratio Related Terms

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


Standard Chemical & Pharmaceutical Co (TPE:1720) Business Description

Traded in Other Exchanges
N/A
Address
No. 154, Kaiyuan Road, Xinying District, Tainan, TWN, 73055
Standard Chemical & Pharmaceutical Co Ltd is a pharmaceutical company. Along with its subsidiaries, the firm is engaged in the pharmaceutical development, manufacturing, and sales of Active Pharmaceuticals Ingredients (API), health supplements, medical equipment, neoangelac plus milk powder, and adult supplements. It offers pharmaceutical products in healthcare segments including the circulatory system, digestive system, metabolism, anti-microbial, membrane drugs, and respiratory system. The company generates a majority of its revenue from Taiwan.

Standard Chemical & Pharmaceutical Co (TPE:1720) Headlines

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