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Foxsemicon Integrated Technology (TPE:3413) Cyclically Adjusted PB Ratio : 4.64 (As of Jun. 13, 2024)


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What is Foxsemicon Integrated Technology Cyclically Adjusted PB Ratio?

As of today (2024-06-13), Foxsemicon Integrated Technology's current share price is NT$317.00. Foxsemicon Integrated Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$68.28. Foxsemicon Integrated Technology's Cyclically Adjusted PB Ratio for today is 4.64.

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

TPE:3413' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.89   Med: 4.25   Max: 7.49
Current: 4.49

During the past years, Foxsemicon Integrated Technology's highest Cyclically Adjusted PB Ratio was 7.49. The lowest was 2.89. And the median was 4.25.

TPE:3413's Cyclically Adjusted PB Ratio is ranked worse than
73.4% of 688 companies
in the Semiconductors industry
Industry Median: 2.53 vs TPE:3413: 4.49

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.

Foxsemicon Integrated Technology's adjusted book value per share data for the three months ended in Mar. 2024 was NT$122.813. 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 NT$68.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Foxsemicon Integrated Technology Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Foxsemicon Integrated 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.

Foxsemicon Integrated Technology Cyclically Adjusted PB Ratio Chart

Foxsemicon Integrated 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 - 6.06 5.95 3.34 3.21

Foxsemicon Integrated Technology 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 3.49 3.36 2.93 3.21 4.34

Competitive Comparison of Foxsemicon Integrated Technology's Cyclically Adjusted PB Ratio

For the Semiconductor Equipment & Materials subindustry, Foxsemicon Integrated 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.


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

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

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



Foxsemicon Integrated 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=317.00/68.28
=4.64

* 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.

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

For example, Foxsemicon Integrated Technology'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)
=122.813/131.7762*131.7762
=122.813

Current CPI (Mar. 2024) = 131.7762.

Foxsemicon Integrated Technology Quarterly Data

Book Value per Share CPI Adj_Book
201406 21.850 100.560 28.633
201409 0.000 100.428 0.000
201412 20.521 99.070 27.296
201503 22.166 99.621 29.321
201506 20.357 100.684 26.643
201509 25.751 100.392 33.801
201512 28.011 99.792 36.989
201603 28.951 100.470 37.972
201606 26.765 101.688 34.684
201609 31.645 101.861 40.939
201612 34.139 101.863 44.164
201703 36.228 102.862 46.411
201706 36.892 103.349 47.039
201709 40.480 104.136 51.225
201712 43.823 104.011 55.521
201803 47.436 105.290 59.369
201806 45.629 106.317 56.556
201809 48.797 106.507 60.374
201812 51.457 105.998 63.971
201903 52.970 107.251 65.083
201906 46.980 108.070 57.286
201909 48.407 108.329 58.884
201912 51.720 108.420 62.862
202003 49.983 108.902 60.482
202006 54.827 108.767 66.425
202009 59.760 109.815 71.711
202012 66.226 109.897 79.411
202103 70.977 111.754 83.693
202106 74.611 114.631 85.770
202109 79.527 115.734 90.550
202112 84.927 117.630 95.141
202203 84.273 121.301 91.551
202206 99.558 125.017 104.941
202209 108.031 125.227 113.681
202212 111.901 125.222 117.758
202303 102.616 127.348 106.184
202306 107.779 128.729 110.331
202309 114.242 129.860 115.928
202312 119.382 129.419 121.556
202403 122.813 131.776 122.813

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.


Foxsemicon Integrated Technology  (TPE:3413) 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.


Foxsemicon Integrated Technology Cyclically Adjusted PB Ratio Related Terms

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


Foxsemicon Integrated Technology (TPE:3413) Business Description

Traded in Other Exchanges
N/A
Address
No. 16, Kezhong Road, Jhunan Science Park, Hsinchu Science Park Bureau, National Science Technology Council, Zhunan Township, Miaoli, TWN, 350401
Foxsemicon Integrated Technology Inc is engaged in research, development, design, manufacturing, and sales of subsystems and system integration of semiconductor equipment, subsystems and system integration of TFT-LCD, nano equipment, LED lighting, LED display product and other application product, photoelectric, communication wafer materials, and medical devices. The company's products are mainly used for the research, development, design, and manufacturing of equipment in the semiconductor industry, panel industry, optoelectronics, and energy industries, among others.

Foxsemicon Integrated Technology (TPE:3413) Headlines

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