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Diodes (FRA:DDQ) Cyclically Adjusted PB Ratio : 2.75 (As of May. 26, 2024)


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What is Diodes Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Diodes's current share price is €66.50. Diodes's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €24.15. Diodes's Cyclically Adjusted PB Ratio for today is 2.75.

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

FRA:DDQ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.32   Med: 2.44   Max: 5.59
Current: 2.81

During the past years, Diodes's highest Cyclically Adjusted PB Ratio was 5.59. The lowest was 1.32. And the median was 2.44.

FRA:DDQ's Cyclically Adjusted PB Ratio is ranked worse than
54.53% of 684 companies
in the Semiconductors industry
Industry Median: 2.505 vs FRA:DDQ: 2.81

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.

Diodes's adjusted book value per share data for the three months ended in Mar. 2024 was €34.885. 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 €24.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Diodes Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Diodes'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.

Diodes Cyclically Adjusted PB Ratio Chart

Diodes 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 3.33 3.90 5.42 3.34 3.18

Diodes Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.93 3.81 3.16 3.18 2.69

Competitive Comparison of Diodes's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Diodes'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.


Diodes's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Diodes 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.

Diodes's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=66.50/24.15
=2.75

* 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.

Diodes's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=34.885/131.7762*131.7762
=34.885

Current CPI (Mar. 2024) = 131.7762.

Diodes Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.556 100.560 15.143
201409 12.256 100.428 16.082
201412 13.092 99.070 17.414
201503 15.031 99.621 19.883
201506 14.990 100.684 19.619
201509 14.848 100.392 19.490
201512 15.164 99.792 20.024
201603 14.847 100.470 19.473
201606 14.541 101.688 18.843
201609 14.576 101.861 18.857
201612 15.257 101.863 19.737
201703 15.456 102.862 19.801
201706 15.093 103.349 19.244
201709 14.582 104.136 18.452
201712 14.301 104.011 18.119
201803 14.210 105.290 17.785
201806 15.154 106.317 18.783
201809 15.498 106.507 19.175
201812 16.303 105.998 20.268
201903 16.943 107.251 20.817
201906 17.509 108.070 21.350
201909 18.331 108.329 22.299
201912 19.446 108.420 23.635
202003 19.789 108.902 23.946
202006 19.677 108.767 23.840
202009 19.590 109.815 23.508
202012 17.894 109.897 21.457
202103 18.882 111.754 22.265
202106 20.088 114.631 23.092
202109 21.829 115.734 24.855
202112 24.323 117.630 27.248
202203 26.047 121.301 28.296
202206 28.268 125.017 29.796
202209 31.008 125.227 32.630
202212 31.425 125.222 33.070
202303 32.603 127.348 33.737
202306 33.541 128.729 34.335
202309 34.466 129.860 34.975
202312 34.748 129.419 35.381
202403 34.885 131.776 34.885

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.


Diodes  (FRA:DDQ) 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.


Diodes Cyclically Adjusted PB Ratio Related Terms

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


Diodes (FRA:DDQ) Business Description

Industry
Traded in Other Exchanges
Address
4949 Hedgcoxe Road, Suite 200, Plano, TX, USA, 75024
Diodes Inc is a manufacturer and supplier of high-quality application-specific products within the broad discrete, logic, analog, and mixed-signal semiconductor markets. It serves the customer electronics, computing, communications, industrial, and automotive markets. The Company's products include diodes; rectifiers; transistors; MOSFETs; GPP bridges; GPP rectifiers; protection devices; function-specific arrays; single gate logic; amplifiers and comparators; Hall-effect and temperature sensors; and power management devices, including LED drivers, AC-DC converters and controllers, DC-DC switching and linear voltage regulators, voltage references along with special-function devices, such as USB power switches, load switches, voltage supervisors, and motor controllers.

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