GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Skyworks Solutions Inc (NAS:SWKS) » Definitions » Cyclically Adjusted PB Ratio

Skyworks Solutions (Skyworks Solutions) Cyclically Adjusted PB Ratio : 3.76 (As of Apr. 30, 2024)


View and export this data going back to 1984. Start your Free Trial

What is Skyworks Solutions Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Skyworks Solutions's current share price is $106.59. Skyworks Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $28.34. Skyworks Solutions's Cyclically Adjusted PB Ratio for today is 3.76.

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

SWKS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.13   Med: 6.9   Max: 13.31
Current: 3.81

During the past years, Skyworks Solutions's highest Cyclically Adjusted PB Ratio was 13.31. The lowest was 3.13. And the median was 6.90.

SWKS's Cyclically Adjusted PB Ratio is ranked worse than
66.62% of 671 companies
in the Semiconductors industry
Industry Median: 2.43 vs SWKS: 3.81

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.

Skyworks Solutions's adjusted book value per share data for the three months ended in Dec. 2023 was $38.865. 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 $28.34 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Skyworks Solutions Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Skyworks Solutions'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.

Skyworks Solutions Cyclically Adjusted PB Ratio Chart

Skyworks Solutions Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.99 8.18 7.93 3.46 3.54

Skyworks Solutions 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 3.62 4.51 4.10 3.54 3.97

Competitive Comparison of Skyworks Solutions's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Skyworks Solutions'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.


Skyworks Solutions's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Skyworks Solutions 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.

Skyworks Solutions's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=106.59/28.34
=3.76

* 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.

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

For example, Skyworks Solutions'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)
=38.865/129.4194*129.4194
=38.865

Current CPI (Dec. 2023) = 129.4194.

Skyworks Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201403 12.098 99.695 15.705
201406 12.640 100.560 16.268
201409 13.385 100.428 17.249
201412 14.204 99.070 18.555
201503 14.992 99.621 19.476
201506 15.927 100.684 20.473
201509 16.601 100.392 21.401
201512 18.176 99.792 23.572
201603 18.629 100.470 23.997
201606 18.743 101.688 23.854
201609 19.153 101.861 24.335
201612 19.807 101.863 25.165
201703 20.552 102.862 25.858
201706 21.218 103.349 26.570
201709 22.205 104.136 27.596
201712 21.384 104.011 26.608
201803 22.351 105.290 27.473
201806 22.721 106.317 27.658
201809 23.095 106.507 28.063
201812 23.195 105.998 28.320
201903 23.630 107.251 28.514
201906 23.892 108.070 28.612
201909 24.235 108.329 28.953
201912 25.028 108.420 29.876
202003 24.733 108.902 29.393
202006 25.029 108.767 29.781
202009 25.146 109.815 29.635
202012 26.773 109.897 31.529
202103 28.544 111.754 33.056
202106 30.302 114.631 34.211
202109 32.045 115.734 35.834
202112 32.427 117.630 35.677
202203 32.088 121.301 34.236
202206 32.947 125.017 34.107
202209 34.139 125.227 35.282
202212 34.883 125.222 36.052
202303 36.011 127.348 36.597
202306 36.921 128.729 37.119
202309 38.136 129.860 38.007
202312 38.865 129.419 38.865

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.


Skyworks Solutions  (NAS:SWKS) 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.


Skyworks Solutions Cyclically Adjusted PB Ratio Related Terms

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


Skyworks Solutions (Skyworks Solutions) Business Description

Address
5260 California Avenue, Irvine, CA, USA, 92617
Skyworks Solutions produces semiconductors for wireless handsets and other devices that are used to enable wireless connectivity. Its main products include power amplifiers, filters, switches, and integrated front-end modules that support wireless transmissions. Skyworks' customers are mostly large smartphone manufacturers, but the firm also has a growing presence in nonhandset applications such as wireless routers, medical devices, and automobiles.
Executives
Karilee A Durham officer: SVP, Human Resources 5260 CALIFORNIA AVENUE, IRVINE CA 92617
Reza Kasnavi officer: SVP, Tech. & Manufacturing 5260 CALIFORNIA AVENUE, IRVINE CA 92617
Robert John Terry officer: VP, General Counsel &Secretary 5260 CALIFORNIA AVENUE, IRVINE CA 92617
Kris Sennesael officer: SVP & Chief Financial Officer 5260 CALIFORNIA AVENUE, IRVINE CA 92617
Kevin L Beebe director ONE ALLIED DRIVE, LITTLE ROCK AR 72202
Liam Griffin officer: VP, Sales and Marketing 5260 CALIFORNIA AVENUE, IRVINE CA 92617
Philip Matthew Carter officer: VP, Corp. Controller 5260 CALIFORNIA AVENUE, IRVINE CA 92617
Maryann Turcke director C/O NORTHERN STAR INVESTMENT CORP. II, 405 LEXINGTON AVENUE, NEW YORK NY 10174
Suzanne E. Mcbride director C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, SUITE 1400, MCLEAN VA 22102
Eric Guerin director 1950 HASSELL ROAD, HOFFMAN ESTATES IL 60169
Carlos S Bori officer: VP, Sales & Marketing 5260 CALIFORNIA AVENUE, IRVINE CA 92617
Timothy R Furey director 5260 CALIFORNIA AVENUE, IRVINE CA 92617
P Mcglade David director 5260 CALIFORNIA AVENUE, IRVINE CA 92617
David J Aldrich director, officer: President and CEO 20 SYLVAN ROAD, WOBURN MA 01801
Christine King director AMIS HOLDINGS, INC., 2300 BUCKSKIN RD, POCATELLO ID 83201

Skyworks Solutions (Skyworks Solutions) Headlines