GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Monolithic Power Systems Inc (FRA:NQG) » Definitions » Cyclically Adjusted Book per Share

Monolithic Power Systems (FRA:NQG) Cyclically Adjusted Book per Share : €20.46 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Monolithic Power Systems 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.

Monolithic Power Systems's adjusted book value per share for the three months ended in Mar. 2024 was €39.955. 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 €20.46 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Monolithic Power Systems's average Cyclically Adjusted Book Growth Rate was 20.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 20.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 17.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 14.10% 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 Monolithic Power Systems was 20.80% per year. The lowest was 10.90% per year. And the median was 12.35% per year.

As of today (2024-06-07), Monolithic Power Systems's current stock price is €698.60. Monolithic Power Systems's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €20.46. Monolithic Power Systems's Cyclically Adjusted PB Ratio of today is 34.14.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Monolithic Power Systems was 41.35. The lowest was 4.77. And the median was 14.49.


Monolithic Power Systems Cyclically Adjusted Book per Share Historical Data

The historical data trend for Monolithic Power Systems'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.

Monolithic Power Systems Cyclically Adjusted Book per Share Chart

Monolithic Power Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.48 9.36 12.85 16.45 19.09

Monolithic Power Systems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 17.18 17.97 18.84 19.09 20.46

Competitive Comparison of Monolithic Power Systems's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, Monolithic Power Systems'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.


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

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

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



Monolithic Power Systems 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, Monolithic Power Systems's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=39.955/131.7762*131.7762
=39.955

Current CPI (Mar. 2024) = 131.7762.

Monolithic Power Systems Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.352 100.560 8.324
201409 6.833 100.428 8.966
201412 7.235 99.070 9.624
201503 8.132 99.621 10.757
201506 7.979 100.684 10.443
201509 7.987 100.392 10.484
201512 8.524 99.792 11.256
201603 8.525 100.470 11.181
201606 8.688 101.688 11.259
201609 9.122 101.861 11.801
201612 10.019 101.863 12.961
201703 10.228 102.862 13.103
201706 10.194 103.349 12.998
201709 10.218 104.136 12.930
201712 10.600 104.011 13.430
201803 10.744 105.290 13.447
201806 11.721 106.317 14.528
201809 12.330 106.507 15.255
201812 13.237 105.998 16.456
201903 13.990 107.251 17.189
201906 14.414 108.070 17.576
201909 15.353 108.329 18.676
201912 15.961 108.420 19.399
202003 16.458 108.902 19.915
202006 16.786 108.767 20.337
202009 17.218 109.815 20.661
202012 17.552 109.897 21.046
202103 18.762 111.754 22.123
202106 19.655 114.631 22.595
202109 21.442 115.734 24.414
202112 23.801 117.630 26.663
202203 25.825 121.301 28.055
202206 28.775 125.017 30.331
202209 32.935 125.227 34.658
202212 33.438 125.222 35.188
202303 34.992 127.348 36.209
202306 35.653 128.729 36.497
202309 38.036 129.860 38.597
202312 39.140 129.419 39.853
202403 39.955 131.776 39.955

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


Monolithic Power Systems  (FRA:NQG) 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.

Monolithic Power Systems's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=698.60/20.46
=34.14

* 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 Monolithic Power Systems was 41.35. The lowest was 4.77. And the median was 14.49.


Be Aware

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


Monolithic Power Systems Cyclically Adjusted Book per Share Related Terms

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


Monolithic Power Systems (FRA:NQG) Business Description

Traded in Other Exchanges
Address
5808 Lake Washington Boulevard NE, Kirkland, WA, USA, 98033
Monolithic Power Systems is an analog and mixed-signal chipmaker, specializing in power management solutions. The firm's mission is to reduce total energy consumption in end systems, and it serves the computing, automotive, industrial, communications, and consumer end markets. MPS uses a fabless manufacturing model, partnering with third-party chip foundries to host its proprietary BCD process technology.

Monolithic Power Systems (FRA:NQG) Headlines

No Headlines