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Alpha & Omega Semiconductor (Alpha & Omega Semiconductor) Cyclically Adjusted Book per Share : $18.36 (As of Dec. 2023)


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What is Alpha & Omega Semiconductor Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Alpha & Omega Semiconductor's adjusted book value per share for the three months ended in Dec. 2023 was $31.890. 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 $18.36 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Alpha & Omega Semiconductor's average Cyclically Adjusted Book Growth Rate was 14.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Alpha & Omega Semiconductor was 13.50% per year. The lowest was 4.40% per year. And the median was 9.20% per year.

As of today (2024-04-30), Alpha & Omega Semiconductor's current stock price is $21.87. Alpha & Omega Semiconductor's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $18.36. Alpha & Omega Semiconductor's Cyclically Adjusted PB Ratio of today is 1.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Alpha & Omega Semiconductor was 4.84. The lowest was 0.50. And the median was 1.46.


Alpha & Omega Semiconductor Cyclically Adjusted Book per Share Historical Data

The historical data trend for Alpha & Omega Semiconductor's Cyclically Adjusted Book per Share 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.

Alpha & Omega Semiconductor Cyclically Adjusted Book per Share Chart

Alpha & Omega Semiconductor Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.63 11.89 12.66 15.16 17.40

Alpha & Omega Semiconductor Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 16.06 16.77 17.40 17.99 18.36

Competitive Comparison of Alpha & Omega Semiconductor's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, Alpha & Omega 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.


Alpha & Omega Semiconductor's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Alpha & Omega Semiconductor Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Alpha & Omega Semiconductor'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)
=31.89/129.4194*129.4194
=31.890

Current CPI (Dec. 2023) = 129.4194.

Alpha & Omega Semiconductor Quarterly Data

Book Value per Share CPI Adj_Book
201403 10.697 99.695 13.886
201406 10.760 100.560 13.848
201409 10.794 100.428 13.910
201412 10.736 99.070 14.025
201503 10.599 99.621 13.769
201506 10.512 100.684 13.512
201509 10.670 100.392 13.755
201512 10.610 99.792 13.760
201603 10.542 100.470 13.580
201606 10.642 101.688 13.544
201609 10.856 101.861 13.793
201612 10.950 101.863 13.912
201703 11.050 102.862 13.903
201706 11.286 103.349 14.133
201709 11.337 104.136 14.090
201712 11.691 104.011 14.547
201803 11.751 105.290 14.444
201806 11.676 106.317 14.213
201809 11.789 106.507 14.325
201812 11.834 105.998 14.449
201903 11.793 107.251 14.231
201906 11.870 108.070 14.215
201909 11.858 108.329 14.167
201912 11.942 108.420 14.255
202003 11.560 108.902 13.738
202006 11.606 108.767 13.810
202009 12.178 109.815 14.352
202012 12.875 109.897 15.162
202103 13.237 111.754 15.329
202106 14.163 114.631 15.990
202109 15.200 115.734 16.997
202112 29.731 117.630 32.711
202203 30.555 121.301 32.600
202206 31.204 125.017 32.303
202209 32.315 125.227 33.397
202212 32.638 125.222 33.732
202303 31.849 127.348 32.367
202306 31.964 128.729 32.136
202309 31.907 129.860 31.799
202312 31.890 129.419 31.890

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Alpha & Omega Semiconductor  (NAS:AOSL) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Alpha & Omega Semiconductor's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=21.87/18.36
=1.19

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Alpha & Omega Semiconductor was 4.84. The lowest was 0.50. And the median was 1.46.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Alpha & Omega Semiconductor Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Alpha & Omega Semiconductor's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Alpha & Omega Semiconductor (Alpha & Omega Semiconductor) Business Description

Traded in Other Exchanges
Address
475 Oakmead Pkwy, Sunnyvale, CA, USA, 94085
Alpha & Omega Semiconductor Ltd designs, develops and supplies a portfolio of power semiconductors targeting various applications, including personal computers, flat-panel TVs, LED lighting, smartphones, battery packs, consumer and industrial motor controls and power supplies for TVs, computers, servers and telecommunications equipment. It generates revenue mainly from the sale of power semiconductors, consisting of power discretes and power ICs with a presence in Hong Kong, China, South Korea, the United States, and other countries.
Executives
Michael L Pfeiffer director 475 OAKMEAD PARKWAY, SUNNYVALE CA 94085
Bing Xue officer: Senior VP of Global Sales 475 OAKMEAD PARKWAY, SUNNYVALE CA 94085
Mike F Chang director, 10 percent owner, officer: Chief Executive Officer 475 OAKMEAD PARKWAY, SUNNYVALE CA 94085
Yifan Liang officer: Chief Accounting Officer 475 OAKMEAD PARKWAY, SUNNYVALE CA 94085
Michael J Salameh director 870 MAUDE AVENUE, SUNNYVALE CA 94085
Wenjun Li officer: Chief Operating Officer 475 OAKMEAD PKWY, SUNNNYVALE CA 94085
So-yeon Jeong director 6125 SOUTHERNESS DRIVE, EL DORADO HILLS CA 95762
Hanqing Li director 535 MISSION STREET, SUITE 2200, SAN FRANCISCO CA 94105
Yueh-se Ho director, officer: Chief Operating Officer 475 OAKMEAD PARKWAY, SUNNYVALE CA 94085
Lucas S. Chang director 475 OAKMEAD PARKWAY, SUNNYVALE CA 94085
Claudia Chen director 475 OAKMEAD PARKWAY, SUNNYVALE CA 94085
Stephen Chunping Chang officer: Sr Vice President of Marketing 475 OAKMEAD PARKWAY, SUNNYVALE CA 94085
Chang Daniel Kuang Ming officer: Senior VP of Marketing C/O ALPHA & OMEGA SEMICONDUCTOR LIMITED, 475 OAKMEAN PARKWAY, SUNNYVALE CA 94085
Robert I Chen director 1339 MOFFETT PARK DR, SUNNYVALE CA 95112
Tony Grizelj other: VP of World Wide Sales 475 OAKMEAD PARKWAY, SUNNYVALE CA 94085