GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vicor Corp (NAS:VICR) » Definitions » Cyclically Adjusted Book per Share

Vicor (VICR) Cyclically Adjusted Book per Share : $6.93 (As of Dec. 2023)


View and export this data going back to 1983. Start your Free Trial

What is Vicor 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.

Vicor's adjusted book value per share for the three months ended in Dec. 2023 was $12.165. 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 $6.93 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Vicor's average Cyclically Adjusted Book Growth Rate was 14.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.50% 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 Vicor was 15.10% per year. The lowest was -5.40% per year. And the median was 1.95% per year.

As of today (2024-04-30), Vicor's current stock price is $34.30. Vicor's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $6.93. Vicor's Cyclically Adjusted PB Ratio of today is 4.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Vicor was 31.63. The lowest was 1.04. And the median was 6.87.


Vicor Cyclically Adjusted Book per Share Historical Data

The historical data trend for Vicor'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.

Vicor Cyclically Adjusted Book per Share Chart

Vicor 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 4.23 4.55 5.27 6.07 6.93

Vicor 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 6.32 6.54 6.76 6.93 -

Competitive Comparison of Vicor's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Vicor'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.


Vicor's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Vicor 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, Vicor's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=12.165/129.4194*129.4194
=12.165

Current CPI (Dec. 2023) = 129.4194.

Vicor Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.481 99.695 4.519
201406 3.371 100.560 4.338
201409 3.282 100.428 4.229
201412 3.304 99.070 4.316
201503 3.408 99.621 4.427
201506 3.446 100.684 4.429
201509 3.522 100.392 4.540
201512 3.481 99.792 4.514
201603 3.354 100.470 4.320
201606 3.356 101.688 4.271
201609 3.410 101.861 4.333
201612 3.353 101.863 4.260
201703 3.350 102.862 4.215
201706 3.359 103.349 4.206
201709 3.389 104.136 4.212
201712 3.454 104.011 4.298
201803 3.695 105.290 4.542
201806 3.972 106.317 4.835
201809 4.370 106.507 5.310
201812 4.570 105.998 5.580
201903 4.725 107.251 5.702
201906 4.813 108.070 5.764
201909 5.006 108.329 5.981
201912 5.072 108.420 6.054
202003 5.083 108.902 6.041
202006 7.582 108.767 9.022
202009 7.794 109.815 9.185
202012 8.097 109.897 9.535
202103 8.506 111.754 9.851
202106 9.009 114.631 10.171
202109 9.400 115.734 10.512
202112 9.646 117.630 10.613
202203 9.824 121.301 10.481
202206 10.115 125.017 10.471
202209 10.276 125.227 10.620
202212 10.527 125.222 10.880
202303 10.866 127.348 11.043
202306 11.317 128.729 11.378
202309 11.891 129.860 11.851
202312 12.165 129.419 12.165

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


Vicor  (NAS:VICR) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=34.30/6.93
=4.95

* 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 Vicor was 31.63. The lowest was 1.04. And the median was 6.87.


Be Aware

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


Vicor Cyclically Adjusted Book per Share Related Terms

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


Vicor (VICR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vicor Corp (NAS:VICR) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
25 Frontage Road, Andover, MA, USA, 01810
Vicor Corp manufactures and markets modular power components and complete power systems. It provides modular power converters and configurable products, advanced power component products and integrated circuits, and related products. Its products include Converters, Power Systems, Filters, Custom Power Systems, Input Modules, and others. Geographically, it derives a majority of its revenue from the Asia Pacific.
Executives
Quentin A. Fendelet officer: Corp. VP-CAO 25 FRONTAGE RD., ANDOVER MA 01810
Alvaro Doyle officer: VP and CIO 25 FRONTAGE RD., ANDOVER MA 01810
Claudio Tuozzolo director, officer: Corp. Vice President 25 FRONTAGE ROAD, ANDOVER MA 01810
Kemble D Morrison other: VICE PRESIDENT CORP CONTROLLER 25 FRONTAGE ROAD, ANDOVER MA 01810
Nancy L Grava officer: VP-Human Resources 25 FRONTAGE RD., ANDOVER MA 01810
Andrew D'amico director 25 FRONTAGE RD., ANDOVER MA 01810
Sean Crilly officer: Corp. VP-Engineering, Pwr.Sys. 25 FRONTAGE RD., ANDOVER MA 01810
Estia J Eichten director 25 FRONTAGE ROAD, ANDOVER MA 01810
Zmira Lavie director 25 FRONTAGE RD., ANDOVER MA 01810
Zheng John Shen director 25 FRONTAGE RD, ANDOVER MA 01810
Nagel Richard J Jr officer: VP-Chief Accounting Officer 25 FRONTAGE ROAD, ANDOVER MA 01810
Patrizio Vinciarelli director, 10 percent owner, officer: Chairman and CEO C/O VICOR CORPORATION, 25 FRONTAGE ROAD, ANDOVER MA 01810
Alex Gusinov officer: Corp. VP Engineering 25 FRONTAGE RD., ANDOVER MA 01810
Michael Mcnamara officer: VP Quality & Tech Ops. 25 FRONTAGE RD, ANDOVER MA 01810
Philip D Davies officer: VP - Global Sales & Marketing 25 FRONTAGE RD., ANDOVER MA 01810