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Synaptics (STU:SJN) Cyclically Adjusted Book per Share : €26.21 (As of Mar. 2024)


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What is Synaptics 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.

Synaptics's adjusted book value per share for the three months ended in Mar. 2024 was €28.788. 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 €26.21 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Synaptics's average Cyclically Adjusted Book Growth Rate was 7.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 13.50% 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 Synaptics was 21.30% per year. The lowest was 10.60% per year. And the median was 13.80% per year.

As of today (2024-05-27), Synaptics's current stock price is €82.68. Synaptics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €26.21. Synaptics's Cyclically Adjusted PB Ratio of today is 3.15.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Synaptics was 12.89. The lowest was 1.56. And the median was 4.37.


Synaptics Cyclically Adjusted Book per Share Historical Data

The historical data trend for Synaptics'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.

Synaptics Cyclically Adjusted Book per Share Chart

Synaptics 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 15.48 16.43 17.54 24.13 24.52

Synaptics 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 24.34 24.52 24.80 25.44 26.21

Competitive Comparison of Synaptics's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, Synaptics'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.


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

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

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



Synaptics 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, Synaptics'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)
=28.788/131.7762*131.7762
=28.788

Current CPI (Mar. 2024) = 131.7762.

Synaptics Quarterly Data

Book Value per Share CPI Adj_Book
201406 14.000 100.560 18.346
201409 15.118 100.428 19.837
201412 15.807 99.070 21.025
201503 18.789 99.621 24.854
201506 18.829 100.684 24.644
201509 17.431 100.392 22.880
201512 19.131 99.792 25.263
201603 19.521 100.470 25.604
201606 17.819 101.688 23.091
201609 17.865 101.861 23.112
201612 19.880 101.863 25.718
201703 19.055 102.862 24.411
201706 19.019 103.349 24.250
201709 18.548 104.136 23.471
201712 16.883 104.011 21.390
201803 16.314 105.290 20.418
201806 17.710 106.317 21.951
201809 17.625 106.507 21.807
201812 18.039 105.998 22.426
201903 18.667 107.251 22.936
201906 17.443 108.070 21.269
201909 18.015 108.329 21.914
201912 18.354 108.420 22.308
202003 18.973 108.902 22.958
202006 21.316 108.767 25.825
202009 20.688 109.815 24.825
202012 20.898 109.897 25.059
202103 22.268 111.754 26.258
202106 22.721 114.631 26.119
202109 21.701 115.734 24.709
202112 23.825 117.630 26.690
202203 26.546 121.301 28.838
202206 30.237 125.017 31.872
202209 33.471 125.227 35.222
202212 31.014 125.222 32.637
202303 31.228 127.348 32.314
202306 29.754 128.729 30.458
202309 28.799 129.860 29.224
202312 28.483 129.419 29.002
202403 28.788 131.776 28.788

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


Synaptics  (STU:SJN) 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.

Synaptics's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=82.68/26.21
=3.15

* 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 Synaptics was 12.89. The lowest was 1.56. And the median was 4.37.


Be Aware

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


Synaptics Cyclically Adjusted Book per Share Related Terms

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


Synaptics (STU:SJN) Business Description

Industry
Traded in Other Exchanges
Address
1109 McKay Drive, San Jose, CA, USA, 95131
Synaptics Inc is a global producer of semiconductor solutions for the mobile, PC, and Internet of Things markets. The company develops human interface solutions that enable touch, display, fingerprint, video, audio, voice, AI, and connectivity functions for smartphones, PCs, Internet of Things products, and other electronic devices. Geographically, it derives a majority of revenue from China. The company operates in one segment: the development, marketing, and sale of semiconductor products used in electronic devices and products.

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