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Holtek Semiconductor (TPE:6202) Cyclically Adjusted PB Ratio : 2.69 (As of Jun. 10, 2024)


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What is Holtek Semiconductor Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Holtek Semiconductor's current share price is NT$59.80. Holtek Semiconductor's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$22.19. Holtek Semiconductor's Cyclically Adjusted PB Ratio for today is 2.69.

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

TPE:6202' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.41   Med: 3.66   Max: 7.11
Current: 2.69

During the past years, Holtek Semiconductor's highest Cyclically Adjusted PB Ratio was 7.11. The lowest was 2.41. And the median was 3.66.

TPE:6202's Cyclically Adjusted PB Ratio is ranked worse than
51.74% of 688 companies
in the Semiconductors industry
Industry Median: 2.555 vs TPE:6202: 2.69

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.

Holtek Semiconductor's adjusted book value per share data for the three months ended in Mar. 2024 was NT$16.764. 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$22.19 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Holtek Semiconductor Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Holtek Semiconductor'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.

Holtek Semiconductor Cyclically Adjusted PB Ratio Chart

Holtek Semiconductor 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 3.75 3.94 5.59 3.16 3.04

Holtek Semiconductor 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 3.37 3.09 2.79 3.04 2.42

Competitive Comparison of Holtek Semiconductor's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Holtek Semiconductor'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.


Holtek Semiconductor's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Holtek Semiconductor 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.

Holtek Semiconductor's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=59.80/22.19
=2.69

* 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.

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

For example, Holtek Semiconductor'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)
=16.764/131.7762*131.7762
=16.764

Current CPI (Mar. 2024) = 131.7762.

Holtek Semiconductor Quarterly Data

Book Value per Share CPI Adj_Book
201406 15.882 100.560 20.812
201409 16.780 100.428 22.018
201412 17.857 99.070 23.752
201503 18.547 99.621 24.533
201506 15.961 100.684 20.890
201509 17.069 100.392 22.405
201512 17.810 99.792 23.518
201603 18.608 100.470 24.406
201606 15.834 101.688 20.519
201609 16.622 101.861 21.504
201612 17.533 101.863 22.682
201703 18.107 102.862 23.197
201706 15.677 103.349 19.989
201709 16.783 104.136 21.238
201712 18.001 104.011 22.806
201803 19.366 105.290 24.238
201806 16.590 106.317 20.563
201809 17.625 106.507 21.807
201812 18.567 105.998 23.082
201903 19.603 107.251 24.086
201906 16.000 108.070 19.510
201909 16.932 108.329 20.597
201912 17.919 108.420 21.779
202003 18.336 108.902 22.187
202006 15.411 108.767 18.671
202009 17.298 109.815 20.757
202012 19.639 109.897 23.549
202103 21.301 111.754 25.117
202106 23.679 114.631 27.221
202109 22.679 115.734 25.823
202112 25.012 117.630 28.020
202203 26.994 121.301 29.325
202206 19.656 125.017 20.719
202209 20.555 125.227 21.630
202212 20.688 125.222 21.771
202303 21.371 127.348 22.114
202306 17.404 128.729 17.816
202309 17.757 129.860 18.019
202312 17.862 129.419 18.187
202403 16.764 131.776 16.764

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.


Holtek Semiconductor  (TPE:6202) 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.


Holtek Semiconductor Cyclically Adjusted PB Ratio Related Terms

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


Holtek Semiconductor (TPE:6202) Business Description

Traded in Other Exchanges
N/A
Address
No.3, Creation Road II, Science and Technology Park, Hsinchu, TWN, 300
Holtek Semiconductor Inc is engaged mainly in the research, development, production, manufacture and sales of integrated circuits. The company's product range includes general-purpose and special-purpose microcontrollers (MCUs), covering applications such as voice, communication, computer peripherals, home appliances, health measurement, automotive, industrial control, and security monitoring.

Holtek Semiconductor (TPE:6202) Headlines

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