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Silicom (Silicom) Cyclically Adjusted PB Ratio : 0.68 (As of May. 01, 2024)


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What is Silicom Cyclically Adjusted PB Ratio?

As of today (2024-05-01), Silicom's current share price is $15.905. Silicom's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $23.29. Silicom's Cyclically Adjusted PB Ratio for today is 0.68.

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

SILC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 2.92   Max: 11.15
Current: 0.66

During the past years, Silicom's highest Cyclically Adjusted PB Ratio was 11.15. The lowest was 0.61. And the median was 2.92.

SILC's Cyclically Adjusted PB Ratio is ranked better than
80.8% of 1849 companies
in the Hardware industry
Industry Median: 1.62 vs SILC: 0.66

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.

Silicom's adjusted book value per share data for the three months ended in Sep. 2023 was $29.158. 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 $23.29 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Silicom Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Silicom'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.

Silicom Cyclically Adjusted PB Ratio Chart

Silicom 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 2.21 2.52 2.71 1.96 -

Silicom 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 1.96 1.69 1.62 1.12 -

Competitive Comparison of Silicom's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Silicom'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.


Silicom's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Silicom 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.905/23.29
=0.68

* 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.

Silicom's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=29.158/129.8595*129.8595
=29.158

Current CPI (Sep. 2023) = 129.8595.

Silicom Quarterly Data

Book Value per Share CPI Adj_Book
201312 12.702 98.326 16.776
201403 13.399 99.695 17.453
201406 12.830 100.560 16.568
201409 13.173 100.428 17.034
201412 13.954 99.070 18.291
201503 14.425 99.621 18.803
201506 13.759 100.684 17.746
201509 14.715 100.392 19.034
201512 15.432 99.792 20.082
201603 15.823 100.470 20.451
201606 15.310 101.688 19.551
201609 15.781 101.861 20.119
201612 16.445 101.863 20.965
201703 16.900 102.862 21.336
201706 16.453 103.349 20.673
201709 17.388 104.136 21.683
201712 18.650 104.011 23.285
201803 18.523 105.290 22.845
201806 18.929 106.317 23.121
201809 19.499 106.507 23.774
201812 20.921 105.998 25.631
201903 21.381 107.251 25.888
201906 21.718 108.070 26.097
201909 22.216 108.329 26.631
201912 22.162 108.420 26.544
202003 22.162 108.902 26.427
202006 22.011 108.767 26.279
202009 22.795 109.815 26.956
202012 22.442 109.897 26.519
202103 22.803 111.754 26.497
202106 22.776 114.631 25.802
202109 23.416 115.734 26.274
202112 23.618 117.630 26.074
202203 23.941 121.301 25.630
202206 24.789 125.017 25.749
202209 25.550 125.227 26.495
202212 26.607 125.222 27.592
202303 27.253 127.348 27.791
202306 27.901 128.729 28.146
202309 29.158 129.860 29.158

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.


Silicom  (NAS:SILC) 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.


Silicom Cyclically Adjusted PB Ratio Related Terms

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


Silicom (Silicom) Business Description

Industry
Traded in Other Exchanges
Address
14 Atir Yeda Street, Kfar Sava, ISR, 4464323
Silicom Ltd designs and manufactures networking and data infrastructure solutions for various servers, server-based systems, and communications devices. Its product categories consist of Server Adapters; Edge Networking Solutions; FPGA Based Cards; x86 Open Appliances Bypass Switches and TAPs. Geographically, it derives a majority of its revenue from North America and also has a presence in Europe and Asia-Pacific.
Executives
Robert Mark Sussman 10 percent owner 5800 EAST STARLIGHT WAY, PARADISE VALLEY AZ 85253

Silicom (Silicom) Headlines

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