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Vimicro International (FRA:V7I) Cyclically Adjusted PB Ratio : (As of Jun. 18, 2024)


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What is Vimicro International Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vimicro International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vimicro International'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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Vimicro International Cyclically Adjusted PB Ratio Chart

Vimicro International Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted PB Ratio
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Vimicro International Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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Competitive Comparison of Vimicro International's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Vimicro International'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.


Vimicro International's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Vimicro International 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.

Vimicro International's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2015 is calculated as:

For example, Vimicro International's adjusted Book Value per Share data for the three months ended in Jun. 2015 was:

Adj_Book=Book Value per Share/CPI of Jun. 2015 (Change)*Current CPI (Jun. 2015)
=4.233/99.5000*99.5000
=4.233

Current CPI (Jun. 2015) = 99.5000.

Vimicro International Quarterly Data

Book Value per Share CPI Adj_Book
200509 2.777 75.290 3.670
200512 2.899 75.666 3.812
200603 2.970 76.340 3.871
200606 2.886 76.034 3.777
200609 2.939 76.413 3.827
200612 2.921 77.793 3.736
200703 2.869 78.884 3.619
200706 2.881 79.357 3.612
200709 2.757 81.276 3.375
200712 2.753 82.911 3.304
200803 2.598 85.485 3.024
200806 2.625 85.058 3.071
200809 2.856 85.057 3.341
200812 2.927 83.956 3.469
200903 2.925 84.457 3.446
200906 2.497 83.615 2.971
200909 2.366 84.369 2.790
200912 2.340 85.386 2.727
201003 0.000 86.316 0.000
201006 2.704 85.886 3.133
201009 2.483 87.267 2.831
201012 2.315 89.289 2.580
201103 2.090 91.154 2.281
201106 1.927 91.612 2.093
201109 1.965 92.711 2.109
201112 1.819 92.885 1.949
201203 1.851 94.367 1.952
201206 2.035 93.495 2.166
201209 2.078 94.482 2.188
201212 2.041 95.237 2.132
201303 2.021 96.372 2.087
201306 1.832 95.984 1.899
201309 1.857 97.332 1.898
201312 1.823 97.624 1.858
201403 1.712 98.600 1.728
201406 1.780 98.200 1.804
201409 1.920 98.900 1.932
201412 2.126 99.000 2.137
201503 4.155 99.900 4.138
201506 4.233 99.500 4.233

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.


Vimicro International  (FRA:V7I) 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.


Vimicro International Cyclically Adjusted PB Ratio Related Terms

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Vimicro International (FRA:V7I) Business Description

Traded in Other Exchanges
N/A
Address
Vimicro International is one of China's leading semiconductor design companies. The firm makes mixed-signal multimedia chips used in PC, embedded notebook webcams, mobile phones, and video cameras. The firm recently launched a surveillance segment that provides comprehensive security systems to customers, bundling its chips with other hardware, software, and nonsoftware acquired from third party vendors. The company was founded in 1999.

Vimicro International (FRA:V7I) Headlines

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