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Sequans Communications (FRA:6SQB) Cyclically Adjusted PB Ratio : 3.97 (As of May. 30, 2024)


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What is Sequans Communications Cyclically Adjusted PB Ratio?

As of today (2024-05-30), Sequans Communications's current share price is €0.595. Sequans Communications's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €0.15. Sequans Communications's Cyclically Adjusted PB Ratio for today is 3.97.

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

FRA:6SQB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 2.68   Max: 17.18
Current: 4.15

During the past years, Sequans Communications's highest Cyclically Adjusted PB Ratio was 17.18. The lowest was 0.68. And the median was 2.68.

FRA:6SQB's Cyclically Adjusted PB Ratio is ranked worse than
71.32% of 687 companies
in the Semiconductors industry
Industry Median: 2.51 vs FRA:6SQB: 4.15

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.

Sequans Communications's adjusted book value per share data for the three months ended in Dec. 2023 was €-0.090. 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 €0.15 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sequans Communications Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sequans Communications'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.

Sequans Communications Cyclically Adjusted PB Ratio Chart

Sequans Communications 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 1.08 2.56 3.25 5.00 16.93

Sequans Communications 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 5.00 3.83 5.64 9.84 16.93

Competitive Comparison of Sequans Communications's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Sequans Communications'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.


Sequans Communications's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Sequans Communications 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.

Sequans Communications's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.595/0.15
=3.97

* 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.

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

For example, Sequans Communications'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)
=-0.09/118.3900*118.3900
=-0.090

Current CPI (Dec. 2023) = 118.3900.

Sequans Communications Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.497 100.240 2.949
201406 2.113 100.180 2.497
201409 1.819 99.920 2.155
201412 1.378 99.860 1.634
201503 1.079 100.170 1.275
201506 0.633 100.440 0.746
201509 0.494 99.950 0.585
201512 -0.077 100.040 -0.091
201603 -0.607 100.020 -0.718
201606 -0.274 100.630 -0.322
201609 0.636 100.340 0.750
201612 0.448 100.650 0.527
201703 0.199 101.170 0.233
201706 0.626 101.320 0.731
201709 0.314 101.330 0.367
201712 0.175 101.850 0.203
201803 0.573 102.750 0.660
201806 0.329 103.370 0.377
201809 0.139 103.560 0.159
201812 -0.186 103.470 -0.213
201903 -0.196 103.890 -0.223
201906 -0.486 104.580 -0.550
201909 -0.767 104.500 -0.869
201912 -1.101 104.980 -1.242
202003 -1.502 104.590 -1.700
202006 -1.104 104.790 -1.247
202009 -1.291 104.550 -1.462
202012 -0.904 104.960 -1.020
202103 -0.704 105.750 -0.788
202106 -0.444 106.340 -0.494
202109 -0.428 106.810 -0.474
202112 -0.568 107.850 -0.624
202203 0.175 110.490 0.188
202206 0.134 112.550 0.141
202209 0.102 112.740 0.107
202212 0.041 114.160 0.043
202303 -0.024 116.790 -0.024
202306 0.171 117.650 0.172
202309 0.136 118.260 0.136
202312 -0.090 118.390 -0.090

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.


Sequans Communications  (FRA:6SQB) 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.


Sequans Communications Cyclically Adjusted PB Ratio Related Terms

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


Sequans Communications (FRA:6SQB) Business Description

Traded in Other Exchanges
Address
15-55 Boulevard Charles de Gaulle, Colombes, FRA, 92700
Sequans Communications SA is a designer, developer, and supplier of cellular semiconductor solutions for broadband Internet of Things (IoT) markets. Its solutions incorporate baseband processor and radio frequency, transceiver integrated circuits, along with its proprietary signal processing techniques, algorithms, and software stacks. The company's solutions serve as the core wireless broadband communications platform in devices, including smartphones, USB dongles, portable routers, laptops, netbooks, tablets, and other consumer multimedia and industrial devices. Its geographical segments are Taiwan, Korea, China (including Hong Kong), the Rest of Asia, the United States, and the Rest of the world.

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