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Gigabyte Technology Co (TPE:2376) Cyclically Adjusted PB Ratio : 6.25 (As of May. 26, 2024)


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What is Gigabyte Technology Co Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Gigabyte Technology Co's current share price is NT$319.00. Gigabyte Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$51.07. Gigabyte Technology Co's Cyclically Adjusted PB Ratio for today is 6.25.

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

TPE:2376' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.07   Med: 2.3   Max: 7.65
Current: 6.25

During the past years, Gigabyte Technology Co's highest Cyclically Adjusted PB Ratio was 7.65. The lowest was 1.07. And the median was 2.30.

TPE:2376's Cyclically Adjusted PB Ratio is ranked worse than
91.66% of 1871 companies
in the Hardware industry
Industry Median: 1.66 vs TPE:2376: 6.25

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.

Gigabyte Technology Co's adjusted book value per share data for the three months ended in Mar. 2024 was NT$62.421. 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$51.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gigabyte Technology Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gigabyte Technology 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.

Gigabyte Technology Co Cyclically Adjusted PB Ratio Chart

Gigabyte Technology 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 1.31 2.02 3.65 2.27 5.34

Gigabyte Technology 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 2.78 4.98 5.67 5.34 6.20

Competitive Comparison of Gigabyte Technology Co's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Gigabyte Technology 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.


Gigabyte Technology Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Gigabyte Technology 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=319.00/51.07
=6.25

* 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.

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

For example, Gigabyte Technology 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)
=62.421/131.7762*131.7762
=62.421

Current CPI (Mar. 2024) = 131.7762.

Gigabyte Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 33.591 100.560 44.019
201409 34.833 100.428 45.706
201412 35.873 99.070 47.716
201503 36.416 99.621 48.170
201506 34.108 100.684 44.641
201509 35.746 100.392 46.921
201512 35.829 99.792 47.312
201603 36.633 100.470 48.048
201606 34.675 101.688 44.935
201609 35.682 101.861 46.161
201612 36.258 101.863 46.906
201703 36.418 102.862 46.655
201706 34.759 103.349 44.320
201709 36.536 104.136 46.234
201712 37.896 104.011 48.012
201803 40.681 105.290 50.915
201806 40.757 106.317 50.517
201809 38.440 106.507 47.560
201812 37.886 105.998 47.100
201903 39.137 107.251 48.087
201906 36.206 108.070 44.148
201909 37.170 108.329 45.215
201912 38.223 108.420 46.457
202003 37.895 108.902 45.855
202006 37.894 108.767 45.910
202009 40.225 109.815 48.269
202012 43.095 109.897 51.675
202103 48.386 111.754 57.055
202106 48.139 114.631 55.339
202109 52.402 115.734 59.665
202112 59.038 117.630 66.138
202203 63.921 121.301 69.441
202206 52.562 125.017 55.404
202209 54.522 125.227 57.374
202212 56.590 125.222 59.552
202303 58.490 127.348 60.524
202306 53.381 128.729 54.645
202309 56.845 129.860 57.684
202312 58.948 129.419 60.021
202403 62.421 131.776 62.421

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.


Gigabyte Technology Co  (TPE:2376) 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.


Gigabyte Technology Co Cyclically Adjusted PB Ratio Related Terms

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


Gigabyte Technology Co (TPE:2376) Business Description

Traded in Other Exchanges
N/A
Address
No 6, Baoqiang Road, Xindian District, New Taipei City, TWN, 231
Gigabyte Technology Co Ltd is a Taiwan-based manufacturer and distributor of computer hardware products. Its products include motherboards for third-party platforms and servers, graphics cards, notebooks, desktop computers, ultrabooks, tablets, mobile phones, server racks, networking equipment, optical drives, computer monitors, keyboards, cooling components, computer cases, and power supplies.

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