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Pixelworks (Pixelworks) Cyclically Adjusted PB Ratio : 1.75 (As of Apr. 27, 2024)


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What is Pixelworks Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Pixelworks's current share price is $1.78. Pixelworks's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $1.02. Pixelworks's Cyclically Adjusted PB Ratio for today is 1.75.

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

PXLW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 2.68   Max: 7.68
Current: 1.67

During the past years, Pixelworks's highest Cyclically Adjusted PB Ratio was 7.68. The lowest was 0.37. And the median was 2.68.

PXLW's Cyclically Adjusted PB Ratio is ranked better than
65.27% of 668 companies
in the Semiconductors industry
Industry Median: 2.38 vs PXLW: 1.67

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.

Pixelworks's adjusted book value per share data for the three months ended in Dec. 2023 was $0.220. 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 $1.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pixelworks Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pixelworks'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.

Pixelworks Cyclically Adjusted PB Ratio Chart

Pixelworks 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 3.80 2.83 4.30 1.71 1.29

Pixelworks 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 1.71 1.42 1.64 1.08 1.29

Competitive Comparison of Pixelworks's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Pixelworks'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.


Pixelworks's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Pixelworks 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.

Pixelworks's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.78/1.02
=1.75

* 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.

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

For example, Pixelworks'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)
=0.22/129.4194*129.4194
=0.220

Current CPI (Dec. 2023) = 129.4194.

Pixelworks Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.834 99.695 1.083
201406 0.772 100.560 0.994
201409 0.732 100.428 0.943
201412 0.675 99.070 0.882
201503 0.582 99.621 0.756
201506 0.502 100.684 0.645
201509 1.036 100.392 1.336
201512 0.950 99.792 1.232
201603 0.651 100.470 0.839
201606 0.616 101.688 0.784
201609 0.601 101.861 0.764
201612 0.659 101.863 0.837
201703 0.823 102.862 1.035
201706 0.803 103.349 1.006
201709 1.188 104.136 1.476
201712 1.138 104.011 1.416
201803 1.206 105.290 1.482
201806 1.161 106.317 1.413
201809 1.220 106.507 1.482
201812 1.337 105.998 1.632
201903 1.247 107.251 1.505
201906 1.341 108.070 1.606
201909 1.310 108.329 1.565
201912 1.237 108.420 1.477
202003 1.128 108.902 1.341
202006 1.056 108.767 1.257
202009 0.905 109.815 1.067
202012 1.035 109.897 1.219
202103 0.906 111.754 1.049
202106 0.848 114.631 0.957
202109 0.796 115.734 0.890
202112 0.754 117.630 0.830
202203 0.680 121.301 0.726
202206 0.647 125.017 0.670
202209 0.615 125.227 0.636
202212 0.588 125.222 0.608
202303 0.431 127.348 0.438
202306 0.385 128.729 0.387
202309 0.286 129.860 0.285
202312 0.220 129.419 0.220

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.


Pixelworks  (NAS:PXLW) 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.


Pixelworks Cyclically Adjusted PB Ratio Related Terms

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


Pixelworks (Pixelworks) Business Description

Industry
Traded in Other Exchanges
Address
16760 Upper Boones Ferry Road, Suite 101, Portland, OR, USA, 97224
Pixelworks Inc is a provider of visual processing semiconductor and software solutions that enable consistently high-quality and authentic viewing experiences in a wide variety of applications. The company defines its key target markets as Mobile (smartphone and tablet), Home and Enterprise (projectors, personal video recorders (PVR), and over-the-air (OTA) streaming devices), and Cinema (creation, remastering, and delivery of digital video content). The company operates in one segment: the design, development, marketing and sale of IC solutions for use in electronic display devices. The company generates its revenue from two broad product markets: the Mobile market and the Home and Enterprise market. The majority of the revenue is earned in Japan.
Executives
Haley F Green officer: Chief Financial Officer 16760 SW UPPER BOONES FERRY RD., SUITE 101, PORTLAND OR 97224
Todd Debonis officer: Chief Operating Officer 47211 LAKEVIEW BLVD, FREMONT CA 94538
Daniel Heneghan director
John Y. Liu director 16760 SW UPPER BOONES FERRY RD., SUITE 101, PORTLAND OR 97224
Dean Warren Butler director C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Elias Nader officer: VP and Chief Financial Officer 1778 MCCARTHY BLVD., C/O SIGMA DESIGNS, INC., MILPITAS CA 95035
C Scott Gibson director PMB 316, PO BOX 30,000, JACKSON WY 83002
David J. Tupman director 1028 CHURCH ST., SAN FRANCISCO CA 94114
Amy L Bunszel director 226 AIRPORT PARKWAY, SUITE 595, SAN JOSE CA 95110
Richard L Sanquini director 14087 LOMA RIO DR, SARATOGA CA 95070
Steven L Moore officer: VP Finance, CFO & Treasurer
Stephen L Domenik director, officer: Chief Executive Officer C/O SEVIN ROSEN FUNDS, 13455 NOEL RD #1670, DALLAS TX 75240
Bruce A Walicek director 8100 SW NYBERG ROAD, TUALATIN OR 97062
Northern Right Capital Management, L.p. other: Member of a 13(d) 10% Group 9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Bradley J. Shisler other: See Remarks 7400 49TH AVENUE NORTH, NEW HOPE MN 55428