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Nantex Industry Co (TPE:2108) Cyclically Adjusted PB Ratio : 1.52 (As of Oct. 09, 2024)


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What is Nantex Industry Co Cyclically Adjusted PB Ratio?

As of today (2024-10-09), Nantex Industry Co's current share price is NT$35.00. Nantex Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was NT$23.02. Nantex Industry Co's Cyclically Adjusted PB Ratio for today is 1.52.

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

TPE:2108' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.44   Med: 2.27   Max: 10.98
Current: 1.58

During the past years, Nantex Industry Co's highest Cyclically Adjusted PB Ratio was 10.98. The lowest was 1.44. And the median was 2.27.

TPE:2108's Cyclically Adjusted PB Ratio is ranked better than
53.26% of 967 companies
in the Chemicals industry
Industry Median: 1.69 vs TPE:2108: 1.58

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.

Nantex Industry Co's adjusted book value per share data for the three months ended in Jun. 2024 was NT$29.062. 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$23.02 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nantex Industry Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nantex Industry 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.

Nantex Industry Co Cyclically Adjusted PB Ratio Chart

Nantex Industry 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 2.16 4.18 4.94 1.87 1.72

Nantex Industry Co 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 1.78 1.68 1.72 1.47 1.60

Competitive Comparison of Nantex Industry Co's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Nantex Industry 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.


Nantex Industry Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nantex Industry Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Nantex Industry 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.

Nantex Industry Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=35.00/23.02
=1.52

* 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.

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

For example, Nantex Industry Co'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)
=29.062/132.5538*132.5538
=29.062

Current CPI (Jun. 2024) = 132.5538.

Nantex Industry Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 11.593 100.428 15.302
201412 12.058 99.070 16.133
201503 12.443 99.621 16.556
201506 12.764 100.684 16.804
201509 13.777 100.392 18.191
201512 14.083 99.792 18.706
201603 14.475 100.470 19.097
201606 13.181 101.688 17.182
201609 13.183 101.861 17.155
201612 13.423 101.863 17.467
201703 13.421 102.862 17.295
201706 12.879 103.349 16.518
201709 13.374 104.136 17.024
201712 14.046 104.011 17.900
201803 14.626 105.290 18.413
201806 14.603 106.317 18.207
201809 15.325 106.507 19.073
201812 16.163 105.998 20.212
201903 17.227 107.251 21.291
201906 16.161 108.070 19.822
201909 16.516 108.329 20.209
201912 17.013 108.420 20.800
202003 17.723 108.902 21.572
202006 16.264 108.767 19.821
202009 17.942 109.815 21.657
202012 22.072 109.897 26.622
202103 23.509 111.754 27.884
202106 28.563 114.631 33.029
202109 31.541 115.734 36.125
202112 32.914 117.630 37.090
202203 27.653 121.301 30.218
202206 28.697 125.017 30.427
202209 29.424 125.227 31.146
202212 29.291 125.222 31.006
202303 27.635 127.348 28.765
202306 28.149 128.729 28.985
202309 29.196 129.860 29.802
202312 28.721 129.419 29.417
202403 28.566 131.776 28.735
202406 29.062 132.554 29.062

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.


Nantex Industry Co  (TPE:2108) 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.


Nantex Industry Co Cyclically Adjusted PB Ratio Related Terms

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


Nantex Industry Co Business Description

Traded in Other Exchanges
N/A
Address
No.9, Industrial 1st Road, Lin-Yuan, Kaohsiung, TWN, 832
Nantex Industry Co Ltd products are mainly used in manufacturing paper products, construction materials, and artificial leather products. Applications include automobile parts, sports equipment, electronic components, industrial products, and medical gloves. Nantex's latex products for other applications include paper coating, carpet backing, cement modification, and shoe insoles. The company's business activities are largely exposed to markets in Asian regions.

Nantex Industry Co Headlines

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