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Mospec Semiconductor (TPE:2434) Cyclically Adjusted Book per Share : NT$29.34 (As of Mar. 2024)


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What is Mospec 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.

Mospec Semiconductor's adjusted book value per share for the three months ended in Mar. 2024 was NT$13.913. 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 NT$29.34 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mospec Semiconductor's average Cyclically Adjusted Book Growth Rate was -6.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -7.30% 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 Mospec Semiconductor was -7.30% per year. The lowest was -7.30% per year. And the median was -7.30% per year.

As of today (2024-06-20), Mospec Semiconductor's current stock price is NT$33.50. Mospec Semiconductor's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$29.34. Mospec Semiconductor's Cyclically Adjusted PB Ratio of today is 1.14.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mospec Semiconductor was 1.45. The lowest was 0.57. And the median was 0.98.


Mospec Semiconductor Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mospec 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.

Mospec Semiconductor Cyclically Adjusted Book per Share Chart

Mospec Semiconductor Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 39.25 36.09 33.26 31.23

Mospec Semiconductor Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 31.23 30.84 30.27 29.65 29.34

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

For the Semiconductors subindustry, Mospec 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.


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

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

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



Mospec 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, Mospec 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)
=13.913/131.7762*131.7762
=13.913

Current CPI (Mar. 2024) = 131.7762.

Mospec Semiconductor Quarterly Data

Book Value per Share CPI Adj_Book
201403 44.762 99.695 59.166
201406 41.529 100.560 54.421
201409 39.385 100.428 51.679
201412 56.912 99.070 75.701
201503 54.538 99.621 72.141
201506 39.002 100.684 51.046
201509 32.557 100.392 42.735
201512 31.830 99.792 42.032
201603 29.731 100.470 38.995
201606 27.727 101.688 35.931
201609 26.114 101.861 33.783
201612 26.371 101.863 34.115
201703 24.100 102.862 30.874
201706 23.648 103.349 30.153
201709 36.566 104.136 46.272
201712 32.973 104.011 41.775
201803 31.399 105.290 39.298
201806 28.604 106.317 35.454
201809 26.028 106.507 32.203
201812 22.648 105.998 28.156
201903 20.791 107.251 25.545
201906 17.607 108.070 21.469
201909 13.434 108.329 16.342
201912 7.903 108.420 9.605
202003 6.674 108.902 8.076
202006 5.795 108.767 7.021
202009 12.370 109.815 14.844
202012 12.440 109.897 14.917
202103 14.896 111.754 17.565
202106 14.752 114.631 16.958
202109 14.437 115.734 16.438
202112 14.335 117.630 16.059
202203 14.180 121.301 15.405
202206 13.680 125.017 14.420
202209 14.369 125.227 15.121
202212 13.530 125.222 14.238
202303 13.171 127.348 13.629
202306 12.909 128.729 13.215
202309 12.683 129.860 12.870
202403 13.913 131.776 13.913

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


Mospec Semiconductor  (TPE:2434) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=33.50/29.34
=1.14

* 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 Mospec Semiconductor was 1.45. The lowest was 0.57. And the median was 0.98.


Be Aware

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


Mospec Semiconductor Cyclically Adjusted Book per Share Related Terms

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


Mospec Semiconductor (TPE:2434) Business Description

Traded in Other Exchanges
N/A
Address
No. 76 Zhongshan Road, Xinshi District, Tainan City, TWN, 74442
Mospec Semiconductor Corp is an integrated power semiconductor company. The company is engaged in manufacturing of rectifier diodes, power transistors, epitaxial silicon wafers, polished prime wafers, and solar cell wafers. The majority revenue of the company is derived from China and Taiwan.

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