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MagnaChip Semiconductor (MagnaChip Semiconductor) Cyclically Adjusted Book per Share : $2.73 (As of Dec. 2023)


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What is MagnaChip Semiconductor Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

MagnaChip Semiconductor's adjusted book value per share for the three months ended in Dec. 2023 was $8.869. 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 $2.73 for the trailing ten years ended in Dec. 2023.

During the past 12 months, MagnaChip Semiconductor's average Cyclically Adjusted Book Growth Rate was 3.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 19.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of MagnaChip Semiconductor was 125.70% per year. The lowest was 1.10% per year. And the median was 18.00% per year.

As of today (2024-05-01), MagnaChip Semiconductor's current stock price is $5.02. MagnaChip Semiconductor's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $2.73. MagnaChip Semiconductor's Cyclically Adjusted PB Ratio of today is 1.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of MagnaChip Semiconductor was 92.14. The lowest was 1.75. And the median was 6.75.


MagnaChip Semiconductor Cyclically Adjusted Book per Share Historical Data

The historical data trend for MagnaChip Semiconductor's Cyclically Adjusted Book per Share 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.

MagnaChip Semiconductor Cyclically Adjusted Book per Share Chart

MagnaChip Semiconductor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.65 1.61 2.13 2.63 2.73

MagnaChip Semiconductor Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 2.63 2.64 2.61 2.59 2.73

Competitive Comparison of MagnaChip Semiconductor's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, MagnaChip Semiconductor'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.


MagnaChip Semiconductor's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



MagnaChip Semiconductor Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, MagnaChip Semiconductor's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=8.869/118.8477*118.8477
=8.869

Current CPI (Dec. 2023) = 118.8477.

MagnaChip Semiconductor Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.930 99.253 2.311
201406 1.751 99.353 2.095
201409 0.702 99.608 0.838
201412 -0.543 99.098 -0.651
201503 -1.050 99.720 -1.251
201506 -1.596 100.050 -1.896
201509 -2.107 100.110 -2.501
201512 -1.803 100.220 -2.138
201603 -1.718 100.560 -2.030
201606 -2.025 100.790 -2.388
201609 -1.856 101.460 -2.174
201612 -2.058 101.560 -2.408
201703 -2.103 102.850 -2.430
201706 -2.073 102.610 -2.401
201709 -1.791 103.490 -2.057
201712 -1.159 102.990 -1.337
201803 -0.871 104.100 -0.994
201806 -0.980 104.130 -1.119
201809 -0.504 105.650 -0.567
201812 -0.503 104.350 -0.573
201903 -1.353 104.490 -1.539
201906 -1.394 104.880 -1.580
201909 -0.973 105.200 -1.099
201912 -0.430 105.120 -0.486
202003 -0.604 105.540 -0.680
202006 0.176 104.870 0.199
202009 7.842 106.200 8.776
202012 9.658 105.765 10.853
202103 9.087 107.357 10.060
202106 9.118 107.579 10.073
202109 9.325 108.759 10.190
202112 9.916 109.676 10.745
202203 10.272 111.806 10.919
202206 9.980 114.083 10.397
202209 9.269 114.831 9.593
202212 9.770 115.200 10.079
202303 9.236 116.550 9.418
202306 9.077 117.140 9.209
202309 8.916 119.111 8.896
202312 8.869 118.848 8.869

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


MagnaChip Semiconductor  (NYSE:MX) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

MagnaChip Semiconductor's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.02/2.73
=1.84

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of MagnaChip Semiconductor was 92.14. The lowest was 1.75. And the median was 6.75.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


MagnaChip Semiconductor Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of MagnaChip Semiconductor's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


MagnaChip Semiconductor (MagnaChip Semiconductor) Business Description

Traded in Other Exchanges
Address
76 Jikji-daero 436beon-gil, Heungdeok-gu, 15th Floor, Chungcheongbuk-do, Cheongju-si, KOR, 28581
MagnaChip Semiconductor Corp designs and manufactures analog and mixed-signal semiconductor platform solutions for communications, Internet of Things applications, consumer, industrial and automotive applications. The company's product portfolio consists of large display solutions, mobile display solutions, sensor solutions, LED solutions, mobile solutions, and power conversions. The company operates in two segments namely Transitional Fab 3 foundry services and Standard products business.
Executives
Camillo Martino director 60 SOUTH MARKET STREET, STE 750, SAN JOSE CA 95113
Young-joon Kim director, officer: See Remarks C/O MAGNACHIP SEMICONDUCTOR CORPORATION, 20400 STEVENS CREEK BOULEVARD, SUITE 370, CUPERTINO CA 95014
Woung Moo Lee officer: See Remarks C/O MAGNACHIP SEMICONDUCTOR, INC., 60 SOUTH MARKET STREET, SUITE 750, SAN JOSE CA 95113
Theodore S Kim officer: See Remarks C/O MAGNACHIP SEMICONDUCTOR, INC., 20400 STEVENS CREEK BLVD., SUITE 370, CUPERTINO CA 95014
Brigade Capital Management, Lp 10 percent owner 399 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10022
Brigade Leveraged Capital Structures Fund Ltd. 10 percent owner ONE NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KY1-9005
Ilbok Lee director C/O MAGNACHIP SEMICONDUCTOR, INC, 20400 STEVENS CREEK BOULEVARD, SUITE 370, CUPERTINO CA 95014
Kyo-hwa Liz Chung director C/O MAGNACHIP SEMICONDUCTOR CORPORATION, 60 SOUTH MARKET STREET, SUITE 750, SAN JOSE CA 95113
Chan Ho Park officer: See Remarks 60 SOUTH MARKET STREET, SUITE 750, SAN JOSE CA 95113
Young Soo Woo officer: See Remarks 60 SOUTH MARKET STREET, SUITE 750, SAN JOSE CA 95113
Shin Young Park officer: See Remarks 60 SOUTH MARKET STREET, SUITE 750, SAN JOSE CA 95113
Randal T Klein director C/O AVENUE CAPITAL MANAGEMENT II, L.P., 535 MADISON AVENUE, NEW YORK NY 10022
Melvin L Keating director 18 DRIFTWOOD DRIVE, LIVINGSTON NJ 07039
Tavakoli Nader director 551 FIFTH AVE 334TH FL, NEW YORK NY 10176
Jonathan W Kim officer: See Remarks C/O MAGNACHIP SEMICONDUCTOR, INC., 20400 STEVENS CREEK BLVD., SUITE 370, CUPERTINO CA 95014