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Aaeon Technology (TPE:6579) Cyclically Adjusted PB Ratio : 3.63 (As of Jun. 07, 2024)


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What is Aaeon Technology Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Aaeon Technology's current share price is NT$188.00. Aaeon Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$51.85. Aaeon Technology's Cyclically Adjusted PB Ratio for today is 3.63.

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

TPE:6579' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.6   Med: 3.12   Max: 3.42
Current: 3.34

During the past years, Aaeon Technology's highest Cyclically Adjusted PB Ratio was 3.42. The lowest was 2.60. And the median was 3.12.

TPE:6579's Cyclically Adjusted PB Ratio is ranked worse than
76.46% of 1895 companies
in the Hardware industry
Industry Median: 1.68 vs TPE:6579: 3.34

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.

Aaeon Technology's adjusted book value per share data for the three months ended in Mar. 2024 was NT$65.552. 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$51.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aaeon Technology Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aaeon Technology'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.

Aaeon Technology Cyclically Adjusted PB Ratio Chart

Aaeon Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
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Aaeon Technology 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 - - - 3.11 3.18

Competitive Comparison of Aaeon Technology's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Aaeon Technology'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.


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

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

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



Aaeon Technology 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=188.00/51.85
=3.63

* 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.

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

For example, Aaeon Technology'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)
=65.552/131.7762*131.7762
=65.552

Current CPI (Mar. 2024) = 131.7762.

Aaeon Technology Quarterly Data

Book Value per Share CPI Adj_Book
200712 17.148 88.616 25.500
200812 17.033 88.697 25.306
200912 17.739 91.111 25.656
201012 19.657 92.474 28.011
201412 23.345 99.070 31.052
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 26.149 99.792 34.530
201603 0.000 100.470 0.000
201606 25.867 101.688 33.521
201609 27.143 101.861 35.115
201612 31.461 101.863 40.700
201703 31.999 102.862 40.994
201706 29.424 103.349 37.517
201709 37.884 104.136 47.940
201712 39.219 104.011 49.688
201803 41.783 105.290 52.294
201806 40.036 106.317 49.623
201809 52.788 106.507 65.312
201812 53.132 105.998 66.054
201903 54.631 107.251 67.124
201906 50.952 108.070 62.129
201909 51.387 108.329 62.509
201912 52.529 108.420 63.845
202003 52.134 108.902 63.085
202006 50.834 108.767 61.588
202009 51.849 109.815 62.218
202012 52.803 109.897 63.316
202103 53.107 111.754 62.622
202106 50.203 114.631 57.712
202109 50.819 115.734 57.863
202112 52.946 117.630 59.314
202203 54.117 121.301 58.790
202206 52.960 125.017 55.823
202209 55.586 125.227 58.493
202212 57.915 125.222 60.946
202303 60.276 127.348 62.372
202306 59.777 128.729 61.192
202309 62.198 129.860 63.116
202403 65.552 131.776 65.552

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.


Aaeon Technology  (TPE:6579) 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.


Aaeon Technology Cyclically Adjusted PB Ratio Related Terms

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


Aaeon Technology (TPE:6579) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 135, Lane 235, Baoqiao Road, 5th Floor, Xindian District, New Taipei, TWN, 231
Aaeon Technology Inc is engaged in manufacturing, processing and imports and exports of computer peripherals, electronic components, computer test instruments, computer PCB functional testing, and radio telecommunication equipment and its components; the R&D, design, manufacturing, processing and trading of various industrial computers, medical computers, industrial controllers, quantity controllers and components; industrial computer automation design and services, as well as the import/export of related materials. The operating segment includes IPC and Medical PC, geographical presence of the company is in Taiwan, China, Singapore, USA and Europe.

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