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MagnaChip Semiconductor (STU:SMG) Cyclically Adjusted Book per Share : €2.61 (As of Mar. 2024)


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What is MagnaChip 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.

MagnaChip Semiconductor's adjusted book value per share for the three months ended in Mar. 2024 was €7.739. 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 €2.61 for the trailing ten years ended in Mar. 2024.

During the past 12 months, MagnaChip Semiconductor's average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 19.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.20% 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 MagnaChip Semiconductor was 125.70% per year. The lowest was 1.10% per year. And the median was 18.00% per year.

As of today (2024-06-05), MagnaChip Semiconductor's current stock price is €4.52. MagnaChip Semiconductor's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €2.61. MagnaChip Semiconductor's Cyclically Adjusted PB Ratio of today is 1.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of MagnaChip Semiconductor was 92.14. The lowest was 1.66. And the median was 6.56.


MagnaChip Semiconductor Cyclically Adjusted Book per Share Historical Data

The historical data trend for MagnaChip 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.

MagnaChip Semiconductor Cyclically Adjusted Book per Share Chart

MagnaChip Semiconductor 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 1.46 1.24 1.79 2.37 2.46

MagnaChip 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 2.40 2.36 2.37 2.46 2.61

Competitive Comparison of MagnaChip Semiconductor's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, MagnaChip 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.


MagnaChip Semiconductor's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



MagnaChip 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, MagnaChip 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)
=7.739/118.8477*118.8477
=7.739

Current CPI (Mar. 2024) = 118.8477.

MagnaChip Semiconductor Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.289 99.353 1.542
201409 0.545 99.608 0.650
201412 -0.441 99.098 -0.529
201503 -0.971 99.720 -1.157
201506 -1.422 100.050 -1.689
201509 -1.878 100.110 -2.230
201512 -1.655 100.220 -1.963
201603 -1.543 100.560 -1.824
201606 -1.802 100.790 -2.125
201609 -1.653 101.460 -1.936
201612 -1.951 101.560 -2.283
201703 -1.967 102.850 -2.273
201706 -1.845 102.610 -2.137
201709 -1.502 103.490 -1.725
201712 -0.980 102.990 -1.131
201803 -0.706 104.100 -0.806
201806 -0.839 104.130 -0.958
201809 -0.432 105.650 -0.486
201812 -0.442 104.350 -0.503
201903 -1.198 104.490 -1.363
201906 -1.234 104.880 -1.398
201909 -0.883 105.200 -0.998
201912 -0.387 105.120 -0.438
202003 -0.546 105.540 -0.615
202006 0.156 104.870 0.177
202009 6.658 106.200 7.451
202012 7.939 105.765 8.921
202103 7.633 107.357 8.450
202106 7.568 107.579 8.361
202109 7.926 108.759 8.661
202112 8.776 109.676 9.510
202203 9.327 111.806 9.914
202206 9.441 114.083 9.835
202209 9.362 114.831 9.689
202212 9.223 115.200 9.515
202303 8.626 116.550 8.796
202306 8.378 117.140 8.500
202309 8.355 119.111 8.337
202312 8.133 118.848 8.133
202403 7.739 118.848 7.739

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


MagnaChip Semiconductor  (STU:SMG) 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.

MagnaChip Semiconductor's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.52/2.61
=1.73

* 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 MagnaChip Semiconductor was 92.14. The lowest was 1.66. And the median was 6.56.


Be Aware

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


MagnaChip Semiconductor Cyclically Adjusted Book per Share Related Terms

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


MagnaChip Semiconductor (STU:SMG) Business Description

Traded in Other Exchanges
Address
76 Jikji-daero 436beon-gil, Heungdeok-gu, 15th Floor, Chungcheongbuk-do, Cheongju-si, KOR, 28581
MagnaChip Semiconductor Corp designs and manufactures analog and mixed-signal semiconductor platform solutions for communications, Internet of Things applications, consumer, industrial and automotive applications. The company's product portfolio consists of large display solutions, mobile display solutions, sensor solutions, LED solutions, mobile solutions, and power conversions. The company operates in two segments namely Transitional Fab 3 foundry services and Standard products business.