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LSI (FRA:LOG) Cyclically Adjusted Book per Share : €0.00 (As of Mar. 2014)


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What is LSI 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.

LSI's adjusted book value per share for the three months ended in Mar. 2014 was €1.873. 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 €0.00 for the trailing ten years ended in Mar. 2014.

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.

As of today (2024-05-24), LSI's current stock price is €7.97. LSI's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2014 was €0.00. LSI's Cyclically Adjusted PB Ratio of today is .


LSI Cyclically Adjusted Book per Share Historical Data

The historical data trend for LSI'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.

LSI Cyclically Adjusted Book per Share Chart

LSI Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted Book per Share
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LSI Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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Competitive Comparison of LSI's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, LSI'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.


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

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

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



LSI 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, LSI's adjusted Book Value per Share data for the three months ended in Mar. 2014 was:

Adj_Book= Book Value per Share /CPI of Mar. 2014 (Change)*Current CPI (Mar. 2014)
=1.873/99.6945*99.6945
=1.873

Current CPI (Mar. 2014) = 99.6945.

LSI Quarterly Data

Book Value per Share CPI Adj_Book
200406 4.375 80.037 5.450
200409 3.791 80.121 4.717
200412 3.125 80.290 3.880
200503 3.143 81.555 3.842
200506 3.455 82.062 4.197
200509 3.315 83.876 3.940
200512 3.494 83.032 4.195
200603 3.431 84.298 4.058
200606 3.394 85.606 3.953
200609 3.512 85.606 4.090
200612 3.506 85.142 4.105
200703 3.567 86.640 4.104
200706 4.846 87.906 5.496
200709 4.659 87.964 5.280
200712 2.452 88.616 2.759
200803 2.224 90.090 2.461
200806 2.332 92.320 2.518
200809 2.536 92.307 2.739
200812 1.650 88.697 1.855
200903 1.586 89.744 1.762
200906 1.446 91.003 1.584
200909 1.457 91.120 1.594
200912 1.532 91.111 1.676
201003 1.633 91.821 1.773
201006 1.811 91.962 1.963
201009 1.657 92.162 1.792
201012 1.596 92.474 1.721
201103 1.426 94.283 1.508
201106 1.477 95.235 1.546
201109 1.594 95.727 1.660
201112 1.394 95.213 1.460
201203 1.542 96.783 1.588
201206 1.676 96.819 1.726
201209 1.681 97.633 1.716
201212 1.604 96.871 1.651
201303 1.605 98.209 1.629
201306 1.582 98.518 1.601
201309 1.578 98.790 1.592
201312 1.828 98.326 1.853
201403 1.873 99.695 1.873

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


LSI  (FRA:LOG) 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.


Be Aware

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


LSI Cyclically Adjusted Book per Share Related Terms

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


LSI (FRA:LOG) Business Description

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LSI Corporation was incorporated in California on November 6, 1980, and was reincorporated in Delaware on June 11, 1987. The Company designs, develops and markets networking semiconductors and storage systems. It provides silicon-to-system solutions that are used to create, store, consume and transport digital information. It offers integrated circuits used in hard disk drives, solid state drives, high-speed communications systems, computer servers, storage systems and personal computers. It also offers external storage systems, storage systems software, redundant array of independent disks, or RAID, adapters for computer servers, and RAID software applications. The Company has two segments — the Semiconductor segment and the Storage Systems segment. Its semiconductor segment designs, develops and markets complex integrated circuits for storage and networking applications. These solutions include both custom solutions and standard products. It designs custom solutions for a specific application defined by the customer. The Company develops products for market applications that it defines and sells them to multiple customers. It sells its integrated circuits for storage applications to makers of hard disk drives, solid state drives and computer servers. It sells its integrated circuits for networking applications principally to makers of devices used in computer and telecommunications networks and, to a lesser extent, to makers of personal computers. Its storage systems segment designs and sells enterprise storage systems and storage software applications that enable storage area networks. The Company also offers RAID adapters for computer servers and associated software for attaching storage devices to computer servers. It sells its storage systems and storage solutions mainly to OEMs who resell these products to end customers under their own brand name. The semiconductor industry is competitive and is characterized by rapidly changing technology, short product cycles and emerging standards. The semiconductor manufacturing process begins with wafer fabrication, where a design is transferred to silicon wafers through a series of processes, including photolithography, ion implantation, deposition of numerous films and the etching of these various films and layers. On January 3, 2012, the company acquired SandForce, Inc., a provider of flash storage processors, or FSPs, for enterprise and client flash solutions and solid state drives, or SSDs. Federal, state and local regulations, in addition to those of other nations, impose various environmental controls on certain chemicals and restricted substances used in the manufacture of semiconductor and storage products.

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