GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Amkor Technology Inc (NAS:AMKR) » Definitions » Cyclically Adjusted PB Ratio

Amkor Technology (Amkor Technology) Cyclically Adjusted PB Ratio : 3.18 (As of Apr. 29, 2024)


View and export this data going back to 1998. Start your Free Trial

What is Amkor Technology Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Amkor Technology's current share price is $31.30. Amkor Technology's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $9.85. Amkor Technology's Cyclically Adjusted PB Ratio for today is 3.18.

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

AMKR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.13   Med: 2.29   Max: 4.21
Current: 3.11

During the past years, Amkor Technology's highest Cyclically Adjusted PB Ratio was 4.21. The lowest was 1.13. And the median was 2.29.

AMKR's Cyclically Adjusted PB Ratio is ranked worse than
60.06% of 671 companies
in the Semiconductors industry
Industry Median: 2.43 vs AMKR: 3.11

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.

Amkor Technology's adjusted book value per share data for the three months ended in Dec. 2023 was $16.114. 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 $9.85 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amkor Technology Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Amkor 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.

Amkor Technology Cyclically Adjusted PB Ratio Chart

Amkor Technology 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 2.33 2.43 3.42 2.80 3.38

Amkor Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.80 2.91 3.20 2.35 3.38

Competitive Comparison of Amkor Technology's Cyclically Adjusted PB Ratio

For the Semiconductor Equipment & Materials subindustry, Amkor 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.


Amkor Technology's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Amkor 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=31.30/9.85
=3.18

* 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.

Amkor Technology's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Amkor Technology'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)
=16.114/129.4194*129.4194
=16.114

Current CPI (Dec. 2023) = 129.4194.

Amkor Technology Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.518 99.695 5.865
201406 4.565 100.560 5.875
201409 4.725 100.428 6.089
201412 4.717 99.070 6.162
201503 4.848 99.621 6.298
201506 4.867 100.684 6.256
201509 5.008 100.392 6.456
201512 5.064 99.792 6.567
201603 5.179 100.470 6.671
201606 5.279 101.688 6.719
201609 5.558 101.861 7.062
201612 5.797 101.863 7.365
201703 5.816 102.862 7.318
201706 6.298 103.349 7.887
201709 6.527 104.136 8.112
201712 7.092 104.011 8.824
201803 7.200 105.290 8.850
201806 7.293 106.317 8.878
201809 7.507 106.507 9.122
201812 7.647 105.998 9.337
201903 7.546 107.251 9.106
201906 7.537 108.070 9.026
201909 7.769 108.329 9.281
201912 8.155 108.420 9.734
202003 8.429 108.902 10.017
202006 8.661 108.767 10.306
202009 9.070 109.815 10.689
202012 9.578 109.897 11.279
202103 9.987 111.754 11.566
202106 10.470 114.631 11.821
202109 11.180 115.734 12.502
202112 12.043 117.630 13.250
202203 12.661 121.301 13.508
202206 13.066 125.017 13.526
202209 14.245 125.227 14.722
202212 14.969 125.222 15.471
202303 15.054 127.348 15.299
202306 15.191 128.729 15.273
202309 15.652 129.860 15.599
202312 16.114 129.419 16.114

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.


Amkor Technology  (NAS:AMKR) 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.


Amkor Technology Cyclically Adjusted PB Ratio Related Terms

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


Amkor Technology (Amkor Technology) Business Description

Traded in Other Exchanges
Address
2045 East Innovation Circle, Tempe, AZ, USA, 85284
Amkor Technology Inc is a provider of outsourced semiconductor packaging and test services to integrated device manufacturers, fabless semiconductor companies, and contract foundries. The firm's products are organized into two streams: advanced products, including flip chip, wafer-level processing and testing services; and mainstream products, including wirebond packaging and testing. Roughly a third of the firm's revenue is generated in the United States, with the rest coming from China, Ireland, Japan, Malaysia, Taiwan, Singapore, and countries across the world.
Executives
Megan Faust officer: See Remarks 2045 E INNOVATION CIRCLE, TEMPE AZ 85284
Tily Gil Coleman officer: Corp VP & General Counsel 1900 S. PRICE ROAD, CHANDLER AZ 85248
Roger Anthony Carolin director 1200 LIBERTY RIDGE DRIVE, WAYNE PA 19087
Mark N Rogers officer: EVP & General Counsel 2045 EAST INNOVATION CIRCLE, TEMPE AZ 85284
Family Trust Under The Susan Y. Kim 2018-1 Irrevocable Trust Agreement Dtd. 8/29/18 other: Member of 10% owner group (2) C/O SIANA CARR O'CONNOR & LYNAM, 1500 EAST LANCASTER AVENUE, PAOLI PA 19301-9713
2023 Grantor Retained Annuity Trust Of Susan Y. Kim Dated 9/15/2023 other: Member of 10% owner group (2) C/O SIANA CARR O'CONNOR & LYNAM, 1500 EAST LANCASTER AVENUE, PAOLI PA 19301-9713
Family Trust Under The Susan Y. Kim 2020-1 Irrevocable Trust Agreement Dated 04/01/2020 other: Member of 10% owner group (2) C/O SIANA CARR O'CONNOR & LYNAM, 1500 EAST LANCASTER AVENUE, PAOLI PA 19301-9713
James J Kim director, 10 percent owner, other: Exhibit 99.1 C/O SIANA CARR O'CONNOR & LYNAM, LLP, 1500 EAST LANCASTER AVENUE, PAOLI PA 19301-9713
Agnes C Kim other: Exhibit 99.1 C/O SIANA CARR O'CONNOR & LYNAM, LLP, 1500 EAST LANCASTER AVENUE, PAOLI PA 19301-9713
915 Investments, Lp 10 percent owner, other: See Exhibit 99.1 915 MT. PLEASANT ROAD, BRYN MAWR PA 19010
Family Trust Under The John T. Kim 2018 Irrevocable Trust Agreement Dated 2/6/18 other: Member of 10% owner group (2) C/O SIANA CARR O'CONNOR & LYNAM, 1500 EAST LANCASTER AVENUE, PAOLI PA 19301-9713
Kevin Engel officer: Executive Vice President 2045 EAST INNOVATION CIRCLE, TEMPE AZ 85284
Sung Shin officer: Executive Vice President 2045 EAST INNOVATION CIRCLE, TEMPE AZ 85284
2023 Grantor Retained Annuity Trust Of Agnes C. Kim Dated 4/26/2023 other: Member of 10% owner group (2) C/O SIANA CARR O'CONNOR & LYNAM, 1500 EAST LANCASTER AVENUE, PAOLI PA 19301-9713
2023 Grantor Retained Annuity Trust Of James J. Kim Dated 4/26/2023 other: Member of 10% owner group (2) C/O SIANA CARR O'CONNOR & LYNAM, 1500 EAST LANCASTER AVENUE, PAOLI PA 19301-9713