GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Alpha & Omega Semiconductor Ltd (STU:AOY) » Definitions » Cyclically Adjusted Book per Share

Alpha & Omega Semiconductor (STU:AOY) Cyclically Adjusted Book per Share : €17.37 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

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 Mar. 2024 was €28.499. 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 €17.37 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Alpha & Omega Semiconductor's average Cyclically Adjusted Book Growth Rate was 14.00% 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 (2024-05-31), Alpha & Omega Semiconductor's current stock price is €26.78. Alpha & Omega Semiconductor's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €17.37. Alpha & Omega Semiconductor's Cyclically Adjusted PB Ratio of today is 1.54.

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 9.96 10.22 10.58 14.86 15.70

Alpha & Omega Semiconductor 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 15.41 15.70 16.77 16.74 17.37

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 Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=28.499/131.7762*131.7762
=28.499

Current CPI (Mar. 2024) = 131.7762.

Alpha & Omega Semiconductor Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.919 100.560 10.377
201409 8.376 100.428 10.991
201412 8.707 99.070 11.581
201503 9.793 99.621 12.954
201506 9.366 100.684 12.258
201509 9.507 100.392 12.479
201512 9.740 99.792 12.862
201603 9.467 100.470 12.417
201606 9.471 101.688 12.273
201609 9.673 101.861 12.514
201612 10.381 101.863 13.430
201703 10.332 102.862 13.236
201706 10.044 103.349 12.807
201709 9.512 104.136 12.037
201712 9.879 104.011 12.516
201803 9.530 105.290 11.927
201806 9.995 106.317 12.388
201809 10.104 106.507 12.501
201812 10.402 105.998 12.932
201903 10.437 107.251 12.824
201906 10.505 108.070 12.809
201909 10.767 108.329 13.097
201912 10.748 108.420 13.063
202003 10.462 108.902 12.660
202006 10.306 108.767 12.486
202009 10.339 109.815 12.407
202012 10.583 109.897 12.690
202103 11.119 111.754 13.111
202106 11.756 114.631 13.514
202109 12.920 115.734 14.711
202112 26.312 117.630 29.476
202203 27.744 121.301 30.140
202206 29.519 125.017 31.115
202209 32.638 125.227 34.345
202212 30.811 125.222 32.424
202303 29.747 127.348 30.781
202306 29.502 128.729 30.200
202309 29.896 129.860 30.337
202312 29.244 129.419 29.777
202403 28.499 131.776 28.499

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


Alpha & Omega Semiconductor  (STU:AOY) 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
=26.78/17.37
=1.54

* 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 (STU:AOY) 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.

Alpha & Omega Semiconductor (STU:AOY) Headlines

No Headlines