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Monolithic Power Systems (Monolithic Power Systems) Cyclically Adjusted PB Ratio : 32.50 (As of May. 15, 2024)


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What is Monolithic Power Systems Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Monolithic Power Systems's current share price is $713.71. Monolithic Power Systems's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $21.96. Monolithic Power Systems's Cyclically Adjusted PB Ratio for today is 32.50.

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

MPWR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.77   Med: 14.38   Max: 41.35
Current: 32.5

During the past years, Monolithic Power Systems's highest Cyclically Adjusted PB Ratio was 41.35. The lowest was 4.77. And the median was 14.38.

MPWR's Cyclically Adjusted PB Ratio is ranked worse than
98.53% of 682 companies
in the Semiconductors industry
Industry Median: 2.485 vs MPWR: 32.50

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.

Monolithic Power Systems's adjusted book value per share data for the three months ended in Mar. 2024 was $43.429. 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 $21.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Monolithic Power Systems Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Monolithic Power Systems'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.

Monolithic Power Systems Cyclically Adjusted PB Ratio Chart

Monolithic Power Systems 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 16.67 30.55 34.09 20.07 29.81

Monolithic Power Systems 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 26.89 27.67 22.60 29.81 30.84

Competitive Comparison of Monolithic Power Systems's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Monolithic Power Systems'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.


Monolithic Power Systems's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Monolithic Power Systems 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.

Monolithic Power Systems's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=713.71/21.96
=32.50

* 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.

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

For example, Monolithic Power Systems'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)
=43.429/129.4194*129.4194
=43.429

Current CPI (Mar. 2024) = 129.4194.

Monolithic Power Systems Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.630 100.560 11.107
201409 8.805 100.428 11.347
201412 8.921 99.070 11.654
201503 8.801 99.621 11.434
201506 8.955 100.684 11.511
201509 8.964 100.392 11.556
201512 9.285 99.792 12.042
201603 9.494 100.470 12.230
201606 9.761 101.688 12.423
201609 10.238 101.861 13.008
201612 10.568 101.863 13.427
201703 10.939 102.862 13.763
201706 11.454 103.349 14.343
201709 12.179 104.136 15.136
201712 12.544 104.011 15.608
201803 13.247 105.290 16.283
201806 13.693 106.317 16.668
201809 14.388 106.507 17.483
201812 15.059 105.998 18.386
201903 15.808 107.251 19.076
201906 16.287 108.070 19.505
201909 16.909 108.329 20.201
201912 17.734 108.420 21.169
202003 18.186 108.902 21.612
202006 18.903 108.767 22.492
202009 20.280 109.815 23.900
202012 21.353 109.897 25.146
202103 22.336 111.754 25.867
202106 23.681 114.631 26.736
202109 25.226 115.734 28.209
202112 26.893 117.630 29.588
202203 28.442 121.301 30.346
202206 30.417 125.017 31.488
202209 32.609 125.227 33.701
202212 35.422 125.222 36.609
202303 37.465 127.348 38.074
202306 38.627 128.729 38.834
202309 40.593 129.860 40.455
202312 42.682 129.419 42.682
202403 43.429 129.419 43.429

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.


Monolithic Power Systems  (NAS:MPWR) 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.


Monolithic Power Systems Cyclically Adjusted PB Ratio Related Terms

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


Monolithic Power Systems (Monolithic Power Systems) Business Description

Traded in Other Exchanges
Address
5808 Lake Washington Boulevard NE, Kirkland, WA, USA, 98033
Monolithic Power Systems is an analog and mixed-signal chipmaker, specializing in power management solutions. The firm's mission is to reduce total energy consumption in end systems, and it serves the computing, automotive, industrial, communications, and consumer end markets. MPS uses a fabless manufacturing model, partnering with third-party chip foundries to host its proprietary BCD process technology.
Executives
Maurice Sciammas officer: Sr. V.P.of Sales and Marketing 79 GREAT OAKS BLVD, SAN JOSE CA 95119
Deming Xiao officer: Vice President of Operations 79 GREAT OAKS BLVD, SAN JOSE CA 95119
Saria Tseng officer: VP and General Counsel 79 GREAT OAKS BLVD, SAN JOSE CA 95119
Michael Hsing director, 10 percent owner, officer: President and CEO 79 GREAT OAKS BLVD, SAN JOSE CA 95119
Theodore Blegen officer: CFO 5808 LAKE WASHINGTON BLVD NE, KIRKLAND WA 98033
James C Moyer director, 10 percent owner, officer: Chief Design Engineer 79 GREAT OAKS BLVD, SAN JOSE CA 95119
Chang Kuo Wei Herbert director, 10 percent owner C/O MARVELL SEMICONDUCTOR, INC., 5488 MARVELL LANE, SANTA CLARA CA 95054
Eileen Wynne director MONOLITHIC POWER SYSTEMS, 79 GREAT OAKS BLVD, SAN JOSE CA 95117
Jeff Zhou director 6409 GUADALUPE MINES ROAD, SAN JOSE CA 95120
Eugen J Elmiger director BUEELHADE 3A, SEMPACH STADT V8 6204
Victor K Lee director C/O LEADIS TECHNOLOGY, 800 W. CALIFORNIA AVENUE, SUITE 200, SUNNYVALE CA 94086
Carintia Martinez director 5808 LAKE WASHINGTON BLVD NE, KIRKLAND WA 98033
Meera Rao officer: VP of Finance, Corp Controller 1050 ENTERPRISE WAY, SUITE 700, SUNNYVALE CA 94089
Douglas M Mcburnie director 233 S. HILLVIEW DRIVE, MILPITAS CA 95035
Smith- Pilkington Karen A director 343 STATE STREET, ROCHESTER NY 146500211

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