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Actions Semiconductor Co (FRA:A8S) Cyclically Adjusted PB Ratio : (As of May. 18, 2024)


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What is Actions Semiconductor Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Actions Semiconductor Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Actions Semiconductor Co's Cyclically Adjusted PB Ratio 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.

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Actions Semiconductor Co Cyclically Adjusted PB Ratio Chart

Actions Semiconductor Co Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted PB Ratio
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Actions Semiconductor Co Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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Competitive Comparison of Actions Semiconductor Co's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Actions Semiconductor Co'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.


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

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

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



Actions Semiconductor Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Actions Semiconductor Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2016 is calculated as:

For example, Actions Semiconductor Co's adjusted Book Value per Share data for the three months ended in Jun. 2016 was:

Adj_Book=Book Value per Share/CPI of Jun. 2016 (Change)*Current CPI (Jun. 2016)
=2.833/101.4000*101.4000
=2.833

Current CPI (Jun. 2016) = 101.4000.

Actions Semiconductor Co Quarterly Data

Book Value per Share CPI Adj_Book
200609 1.709 76.413 2.268
200612 1.840 77.793 2.398
200703 1.947 78.884 2.503
200706 2.005 79.357 2.562
200709 2.016 81.276 2.515
200712 2.075 82.911 2.538
200803 2.070 85.485 2.455
200806 2.141 85.058 2.552
200809 2.372 85.057 2.828
200812 2.488 83.956 3.005
200903 2.520 84.457 3.026
200906 2.353 83.615 2.853
200909 2.253 84.369 2.708
200912 2.180 85.386 2.589
201003 2.320 86.316 2.725
201006 2.565 85.886 3.028
201009 2.410 87.267 2.800
201012 2.380 89.289 2.703
201103 2.242 91.154 2.494
201106 2.200 91.612 2.435
201109 2.352 92.711 2.572
201112 2.459 92.885 2.684
201203 2.456 94.367 2.639
201206 2.574 93.495 2.792
201209 2.504 94.482 2.687
201212 2.470 95.237 2.630
201303 2.511 96.372 2.642
201306 2.496 95.984 2.637
201309 3.087 97.332 3.216
201312 3.008 97.624 3.124
201403 2.293 98.600 2.358
201406 2.296 98.200 2.371
201409 2.134 98.900 2.188
201412 2.094 99.000 2.145
201503 2.327 99.900 2.362
201506 3.243 99.500 3.305
201509 3.315 100.500 3.345
201512 3.227 100.600 3.253
201603 3.086 102.200 3.062
201606 2.833 101.400 2.833

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


Actions Semiconductor Co  (FRA:A8S) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Actions Semiconductor Co Cyclically Adjusted PB Ratio Related Terms

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Actions Semiconductor Co (FRA:A8S) Business Description

Traded in Other Exchanges
N/A
Address
Actions Semiconductor Co Ltd an exempted company incorporated under the Companies Law (2013 Revision), as amended, of the Cayman Islands on July 27, 2005. The Company is a fabless semiconductor company that designs, develops and markets integrated platform solutions, including SoCs, firmware, software development tools and reference designs, for manufacturers of portable media players and smart handheld devices such as tablets. It provides integrated platform solutions to tablet and portable media player manufacturers, brand owners and value-added distributors that enable them to accelerate the time-to-market for their products. Its integrated platform solutions, which comprise SoCs, firmware, software development tools and reference designs, obviate the need for its customers to invest in costly and time-consuming internal firmware and software development for their products, or to source them from multiple suppliers. The Company's network of third-party value-added distributors and applications developers enable its customers to quickly introduce products with differentiated features and to cost-effectively customize its solutions. Its mixed-signal design capabilities allows it to integrate analog and digital components using a compact system architecture in its portable media player SoCs, and enable its customers to reduce their overall costs and produce smaller, more power-efficient portable products. The Company's proximity to the China-based manufacturers of tablets and portable media players and presence in the rapidly evolving China market for tablets and portable media players enables the Company to identify market trends and align its product development efforts with these market trends. The Company's research and development efforts during 2011, 2012 and 2013 focused principally on: (i) the development of tablets solutions and applications including ATM7029, ATM7021 and ATM7039, (ii) the improvement of traditional portable media player and boombox solutions including ATJ331X/AK211X/ATJ212X series, ATJ225X/ATJ227X series and ATS25XX/ATS26XX series. The Company faces competition from SoC platform providers such as ALi, AllWinner, Amlogic, Anyka, BestRely, Buildwin, Freescale, General Plus, Infotmic, Ingenic, Intel, JieLI, MVSilicon, Rockchips, Vmicro and WonderMedia. As it diversifies and expands its product categories, it may also face competition from other semiconductor companies and manufacturers of consumer electronics and mobile devices.

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