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Power Integrations (FRA:PWI) Cyclically Adjusted PB Ratio : 6.06 (As of Jun. 09, 2024)


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What is Power Integrations Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Power Integrations's current share price is €69.50. Power Integrations's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €11.46. Power Integrations's Cyclically Adjusted PB Ratio for today is 6.06.

The historical rank and industry rank for Power Integrations's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:PWI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.09   Med: 5.28   Max: 11.35
Current: 5.91

During the past years, Power Integrations's highest Cyclically Adjusted PB Ratio was 11.35. The lowest was 3.09. And the median was 5.28.

FRA:PWI's Cyclically Adjusted PB Ratio is ranked worse than
81.71% of 689 companies
in the Semiconductors industry
Industry Median: 2.57 vs FRA:PWI: 5.91

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.

Power Integrations's adjusted book value per share data for the three months ended in Mar. 2024 was €11.965. 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 €11.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Power Integrations Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Power Integrations'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.

* Premium members only.

Power Integrations Cyclically Adjusted PB Ratio Chart

Power Integrations Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.99 9.13 9.02 6.25 6.67

Power Integrations Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 7.18 7.86 6.22 6.67 5.67

Competitive Comparison of Power Integrations's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Power Integrations'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.


Power Integrations's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Power Integrations 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.

Power Integrations's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=69.50/11.46
=6.06

* 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.

Power Integrations's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Power Integrations'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)
=11.965/131.7762*131.7762
=11.965

Current CPI (Mar. 2024) = 131.7762.

Power Integrations Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.534 100.560 7.252
201409 5.935 100.428 7.788
201412 5.979 99.070 7.953
201503 6.930 99.621 9.167
201506 6.546 100.684 8.567
201509 6.443 100.392 8.457
201512 6.866 99.792 9.067
201603 6.809 100.470 8.931
201606 6.901 101.688 8.943
201609 7.171 101.861 9.277
201612 8.153 101.863 10.547
201703 8.385 102.862 10.742
201706 8.180 103.349 10.430
201709 7.937 104.136 10.044
201712 7.770 104.011 9.844
201803 7.293 105.290 9.128
201806 7.595 106.317 9.414
201809 7.760 106.507 9.601
201812 8.019 105.998 9.969
201903 8.076 107.251 9.923
201906 8.205 108.070 10.005
201909 8.724 108.329 10.612
201912 11.078 108.420 13.464
202003 11.336 108.902 13.717
202006 11.287 108.767 13.675
202009 11.061 109.815 13.273
202012 11.119 109.897 13.333
202103 11.882 111.754 14.011
202106 11.971 114.631 13.761
202109 12.798 115.734 14.572
202112 13.472 117.630 15.092
202203 12.676 121.301 13.771
202206 11.760 125.017 12.396
202209 13.249 125.227 13.942
202212 12.516 125.222 13.171
202303 12.446 127.348 12.879
202306 12.359 128.729 12.652
202309 12.818 129.860 13.007
202312 12.158 129.419 12.379
202403 11.965 131.776 11.965

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.


Power Integrations  (FRA:PWI) 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.


Power Integrations Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Power Integrations's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Power Integrations (FRA:PWI) Business Description

Traded in Other Exchanges
Address
5245 Hellyer Avenue, San Jose, CA, USA, 95138-1002
Power Integrations Inc design, develop and market analog and mixed-signal integrated circuits (ICs) and other electronic components and circuitry used in high-voltage power conversion. Products are used in power converters that convert electricity from a high-voltage source to the type of power required for a specified downstream use. Products are used in electronic products including mobile phones, computing and networking equipment, appliances, electronic utility meters, battery-powered tools, industrial controls, and home-automation, or internet of things applications such as networked thermostats, power strips and security devices. Geographically, revenue is generated in China and Hong Kong.

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