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Power Integrations (Power Integrations) Cyclically Adjusted PB Ratio : 5.46 (As of Apr. 27, 2024)


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What is Power Integrations Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Power Integrations's current share price is $67.27. Power Integrations's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $12.32. Power Integrations's Cyclically Adjusted PB Ratio for today is 5.46.

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

POWI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.09   Med: 5.23   Max: 11.35
Current: 5.46

During the past years, Power Integrations's highest Cyclically Adjusted PB Ratio was 11.35. The lowest was 3.09. And the median was 5.23.

POWI's Cyclically Adjusted PB Ratio is ranked worse than
80.69% of 668 companies
in the Semiconductors industry
Industry Median: 2.38 vs POWI: 5.46

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.

Power Integrations's adjusted book value per share data for the three months ended in Dec. 2023 was $13.258. 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 $12.32 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Power Integrations Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Power Integrations'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.

Power Integrations Cyclically Adjusted PB Ratio Chart

Power Integrations 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 5.99 9.13 9.02 6.25 6.67

Power Integrations 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 6.25 7.18 7.86 6.22 6.67

Competitive Comparison of Power Integrations's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Power Integrations'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.


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

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

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



Power Integrations 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=67.27/12.32
=5.46

* 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.

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

For example, Power Integrations'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)
=13.258/129.4194*129.4194
=13.258

Current CPI (Dec. 2023) = 129.4194.

Power Integrations Quarterly Data

Book Value per Share CPI Adj_Book
201403 7.526 99.695 9.770
201406 7.519 100.560 9.677
201409 7.648 100.428 9.856
201412 7.372 99.070 9.630
201503 7.501 99.621 9.745
201506 7.347 100.684 9.444
201509 7.232 100.392 9.323
201512 7.480 99.792 9.701
201603 7.582 100.470 9.767
201606 7.754 101.688 9.869
201609 8.048 101.861 10.225
201612 8.600 101.863 10.927
201703 8.968 102.862 11.283
201706 9.191 103.349 11.509
201709 9.460 104.136 11.757
201712 9.195 104.011 11.441
201803 8.992 105.290 11.053
201806 8.872 106.317 10.800
201809 9.055 106.507 11.003
201812 9.122 105.998 11.138
201903 9.126 107.251 11.012
201906 9.271 108.070 11.103
201909 9.608 108.329 11.479
201912 12.309 108.420 14.693
202003 12.526 108.902 14.886
202006 12.710 108.767 15.123
202009 13.028 109.815 15.354
202012 13.527 109.897 15.930
202103 14.145 111.754 16.381
202106 14.423 114.631 16.284
202109 15.057 115.734 16.837
202112 15.223 117.630 16.749
202203 13.961 121.301 14.895
202206 12.431 125.017 12.869
202209 13.118 125.227 13.557
202212 13.258 125.222 13.702
202303 13.326 127.348 13.543
202306 13.390 128.729 13.462
202309 13.680 129.860 13.634
202312 13.258 129.419 13.258

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.


Power Integrations  (NAS:POWI) 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.


Power Integrations Cyclically Adjusted PB Ratio Related Terms

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


Power Integrations (Power Integrations) Business Description

Traded in Other Exchanges
Address
5245 Hellyer Avenue, San Jose, CA, USA, 95138-1002
Power Integrations Inc design, develop and market analog and mixed-signal integrated circuits (ICs) and other electronic components and circuitry used in high-voltage power conversion. Products are used in power converters that convert electricity from a high-voltage source to the type of power required for a specified downstream use. Products are used in electronic products including mobile phones, computing and networking equipment, appliances, electronic utility meters, battery-powered tools, industrial controls, and home-automation, or internet of things applications such as networked thermostats, power strips and security devices. Geographically, revenue is generated in China and Hong Kong.
Executives
Sandeep Nayyar officer: Chief Financial Officer C/O SMART GLOBAL HOLDINGS, INC., 39870 EUREKA DRIVE, NEWARK CA 94560
Balu Balakrishnan officer: President & CEO C/O POWER INTEGRATIONS, 5245 HELLYER AVE, SAN JOSE CA 95138
David Mh Matthews officer: VP of Product Development 5245 HELLYER AVE, SAN JOSE CA 95138
Doug Bailey officer: VP Marketing 5245 HELLYER AVE, SAN JOSE CA 95138
Clifford Walker officer: VP of Corp Development C/O POWER INTEGRATIONS, 5245 HELLYER AVE, SAN JOSE CA 95138
Sunil Gupta officer: VP of Operations INTERSIL CORPORATION, 1001 MURPHY RANCH ROAD, MILPITAS CA 95035
Nicholas Brathwaite director C/O POWER INTEGRATIONS, 5245 HELLYER AVE, SAN JOSE CA 95138
Yang Chiah Yee officer: VP, Worldwide Sales 2911 ZANKER ROAD, SAN JOSE CA 95134
Radu Barsan officer: VP of Technology, Engineering 5245 HELLYER AVE, SAN JOSE CA 95138
Necip Sayiner director 400 W CESAR CHAVEZ, AUSTIN TX 78701
Ravi Vig director C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Nancy Lee Gioia director 6555 WEST GOOD HOPE RD., MILWAUKEE WI 53223
Steven Sharp director C/O POWER INTEGRATIONS, 5245 HELLYER AVE, SAN JOSE CA 95138
Ben Sutherland officer: Acting VP of Sales 5245 HELLYER AVE, SAN JOSE CA 95138
Jennifer A Lloyd director 5245 HELLYER AVE, SAN JOSE CA 95138