GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Wafer Works Corp (ROCO:6182) » Definitions » Cyclically Adjusted PB Ratio

Wafer Works (ROCO:6182) Cyclically Adjusted PB Ratio : 1.44 (As of Oct. 09, 2024)


View and export this data going back to 2002. Start your Free Trial

What is Wafer Works Cyclically Adjusted PB Ratio?

As of today (2024-10-09), Wafer Works's current share price is NT$30.65. Wafer Works's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was NT$21.22. Wafer Works's Cyclically Adjusted PB Ratio for today is 1.44.

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

ROCO:6182' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.22   Med: 2.06   Max: 4.44
Current: 1.46

During the past years, Wafer Works's highest Cyclically Adjusted PB Ratio was 4.44. The lowest was 1.22. And the median was 2.06.

ROCO:6182's Cyclically Adjusted PB Ratio is ranked better than
71.27% of 557 companies
in the Semiconductors industry
Industry Median: 2.61 vs ROCO:6182: 1.46

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.

Wafer Works's adjusted book value per share data for the three months ended in Jun. 2024 was NT$25.779. 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$21.22 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wafer Works Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Wafer Works'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.

Wafer Works Cyclically Adjusted PB Ratio Chart

Wafer Works 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 1.82 2.17 4.37 2.01 2.09

Wafer Works Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.29 2.11 2.09 1.84 1.77

Competitive Comparison of Wafer Works's Cyclically Adjusted PB Ratio

For the Semiconductor Equipment & Materials subindustry, Wafer Works'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.


Wafer Works's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Wafer Works 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.

Wafer Works's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.65/21.22
=1.44

* 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.

Wafer Works's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Wafer Works's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=25.779/132.5538*132.5538
=25.779

Current CPI (Jun. 2024) = 132.5538.

Wafer Works Quarterly Data

Book Value per Share CPI Adj_Book
201409 17.820 100.428 23.520
201412 15.400 99.070 20.605
201503 15.462 99.621 20.573
201506 15.613 100.684 20.555
201509 15.544 100.392 20.524
201512 15.276 99.792 20.291
201603 14.619 100.470 19.287
201606 14.271 101.688 18.603
201609 13.950 101.861 18.153
201612 10.933 101.863 14.227
201703 12.535 102.862 16.153
201706 12.635 103.349 16.205
201709 14.031 104.136 17.860
201712 13.855 104.011 17.657
201803 14.073 105.290 17.717
201806 16.037 106.317 19.995
201809 17.097 106.507 21.278
201812 18.140 105.998 22.685
201903 19.251 107.251 23.793
201906 17.253 108.070 21.162
201909 17.979 108.329 21.999
201912 17.917 108.420 21.905
202003 18.018 108.902 21.931
202006 16.428 108.767 20.021
202009 16.993 109.815 20.512
202012 17.539 109.897 21.155
202103 17.923 111.754 21.259
202106 18.379 114.631 21.253
202109 19.332 115.734 22.141
202112 21.045 117.630 23.715
202203 22.261 121.301 24.326
202206 21.779 125.017 23.092
202209 22.985 125.227 24.330
202212 23.685 125.222 25.072
202303 24.220 127.348 25.210
202306 21.737 128.729 22.383
202309 22.370 129.860 22.834
202312 21.989 129.419 22.522
202403 26.318 131.776 26.473
202406 25.779 132.554 25.779

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.


Wafer Works  (ROCO:6182) 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.


Wafer Works Cyclically Adjusted PB Ratio Related Terms

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


Wafer Works Business Description

Traded in Other Exchanges
N/A
Address
No. 100, Longyuan 1st Road, Longtan Science Park, Taoyuan, TWN, 32542
Wafer Works Corp provides wafer solutions for customers in single crystal ingot, polished and epitaxial wafers. The company is an electronic materials supplier and manufactures doped silicon wafers used in power semiconductor devices. It manufactures 4 to 8 inches silicon wafers for power semiconductor devices such as high-/low-voltage power MOSFETs, power IC, and other power management devices. Its products consist of polished silicon wafers and epitaxial wafers.

Wafer Works Headlines

No Headlines