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Sanmina (Sanmina) Cyclically Adjusted PB Ratio : 2.20 (As of Apr. 27, 2024)


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What is Sanmina Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Sanmina's current share price is $62.97. Sanmina's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $28.56. Sanmina's Cyclically Adjusted PB Ratio for today is 2.20.

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

SANM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.82   Max: 3
Current: 2.21

During the past years, Sanmina's highest Cyclically Adjusted PB Ratio was 3.00. The lowest was 0.58. And the median was 1.82.

SANM's Cyclically Adjusted PB Ratio is ranked worse than
62.03% of 1833 companies
in the Hardware industry
Industry Median: 1.57 vs SANM: 2.21

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.

Sanmina's adjusted book value per share data for the three months ended in Dec. 2023 was $38.599. 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 $28.56 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sanmina Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sanmina'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.

Sanmina Cyclically Adjusted PB Ratio Chart

Sanmina Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.90 1.45 1.80 1.85 1.93

Sanmina 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 2.25 2.30 2.20 1.93 1.80

Competitive Comparison of Sanmina's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Sanmina'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.


Sanmina's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Sanmina 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=62.97/28.56
=2.20

* 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.

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

For example, Sanmina'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)
=38.599/129.4194*129.4194
=38.599

Current CPI (Dec. 2023) = 129.4194.

Sanmina Quarterly Data

Book Value per Share CPI Adj_Book
201403 13.405 99.695 17.402
201406 13.700 100.560 17.632
201409 15.175 100.428 19.556
201412 15.380 99.070 20.092
201503 15.453 99.621 20.075
201506 15.652 100.684 20.119
201509 19.479 100.392 25.111
201512 19.915 99.792 25.827
201603 20.305 100.470 26.156
201606 20.710 101.688 26.358
201609 22.043 101.861 28.007
201612 22.389 101.863 28.446
201703 22.727 102.862 28.595
201706 23.079 103.349 28.901
201709 22.992 104.136 28.574
201712 21.080 104.011 26.230
201803 21.326 105.290 26.213
201806 21.730 106.317 26.452
201809 21.731 106.507 26.406
201812 22.421 105.998 27.375
201903 22.912 107.251 27.648
201906 23.391 108.070 28.012
201909 23.560 108.329 28.147
201912 23.836 108.420 28.453
202003 23.720 108.902 28.189
202006 24.409 108.767 29.044
202009 25.076 109.815 29.553
202012 25.860 109.897 30.454
202103 26.657 111.754 30.871
202106 28.257 114.631 31.902
202109 28.809 115.734 32.216
202112 29.710 117.630 32.688
202203 30.238 121.301 32.262
202206 31.215 125.017 32.314
202209 31.703 125.227 32.764
202212 37.739 125.222 39.004
202303 38.137 127.348 38.757
202306 39.597 128.729 39.809
202309 38.164 129.860 38.035
202312 38.599 129.419 38.599

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.


Sanmina  (NAS:SANM) 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.


Sanmina Cyclically Adjusted PB Ratio Related Terms

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


Sanmina (Sanmina) Business Description

Industry
Traded in Other Exchanges
Address
2700 North First Street, San Jose, CA, USA, 95134
Sanmina Corp is a provider of integrated manufacturing solutions, components, and after-market services to original equipment manufacturers in the communications networks, storage, industrial, defense and aerospace end markets. The company operates in two business segments: Integrated Manufacturing Solutions, which consists of printed circuit board assembly and represents a majority of the firm's revenue; and Components, Products, and Services, which includes interconnect systems and mechanical systems. The firm generates revenue primarily in the United States, China, and Mexico, but has a presence around the world.
Executives
Eugene A Delaney director 1303 E ALGONQUIN RD, SCHAUMBURG IL 60196
Hedley David V Iii director 2700 NORTH FIRST STREET, SAN JOSE CA 95134
Alan Mcwilliams Reid officer: Exec VP,Global Human Resources 2700 NORTH FIRST STREET, SAN JOSE CA 95134
Jure Sola director, officer: Chairman and CEO 14899 GRANITE WAY, SARATOGA CA 95070
Mythili Sankaran director 27000 NORTH FIRST STREET, SAN JOSE CA 95134
Susan K Barnes director
Charlie Mason officer: EVP, Integrated Mfg Services 2700 NORTH FIRST STREET, SAN JOSE CA 95134
Brent Billinger officer: SVP & Corp Controller 2700 NORTH FIRST STREET, SAN JOSE CA 95134
John Goldsberry director C/O GATEWAY, INC, 7565 IRVINE CENTER DRIVE, IRVINE CA 92618
Kurt Adzema officer: EVP & CFO 1389 MOFFETT PARK DRIVE, SUNNYVALE CA 94089
Susan A Johnson director 2700 NORTH FIRST STREET, SAN JOSE CA 95134
Jackie M Ward director SYSCO CORPORATION, 1390 ENCLAVE PARWAY, HOUSTON TX 77077
Mario M Rosati director 650 PAGE MILL RD, PALO ALTO CA 94304
Dennis Young officer: Exec VP Worldwide Sales 246 OVERALL PHILLIPS ROAD, ELIZABETH TOWN KY 42701
Rita S. Lane director 1303 E. ALGONQUIN ROAD, SCHAUMBURG IL 60196

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