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Wolfson Microelectronics (FRA:WOL1) Cyclically Adjusted PB Ratio : (As of Jun. 14, 2024)


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What is Wolfson Microelectronics 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


Wolfson Microelectronics Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Wolfson Microelectronics'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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Wolfson Microelectronics Cyclically Adjusted PB Ratio Chart

Wolfson Microelectronics Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec12 Dec13
Cyclically Adjusted PB Ratio
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Wolfson Microelectronics Quarterly Data
Mar09 Jun09 Sep09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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Competitive Comparison of Wolfson Microelectronics's Cyclically Adjusted PB Ratio

For the Semiconductor Equipment & Materials subindustry, Wolfson Microelectronics'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.


Wolfson Microelectronics's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Wolfson Microelectronics 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.

Wolfson Microelectronics's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec13 is calculated as:

For example, Wolfson Microelectronics's adjusted Book Value per Share data for the fiscal year that ended in Dec13 was:

Adj_Book=Book Value per Share/CPI of Dec13 (Change)*Current CPI (Dec13)
=0.781/99.2000*99.2000
=0.781

Current CPI (Dec13) = 99.2000.

Wolfson Microelectronics Annual Data

Book Value per Share CPI Adj_Book
200112 -0.714 75.000 -0.944
200212 -0.394 76.300 -0.512
200312 0.510 77.300 0.654
200412 0.546 78.600 0.689
200512 0.894 80.300 1.104
200612 1.024 82.600 1.230
200712 1.002 84.500 1.176
200812 1.106 87.100 1.260
201212 0.914 97.300 0.932
201312 0.781 99.200 0.781

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.


Wolfson Microelectronics  (FRA:WOL1) 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.


Wolfson Microelectronics Cyclically Adjusted PB Ratio Related Terms

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Wolfson Microelectronics (FRA:WOL1) Business Description

Traded in Other Exchanges
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Address
Wolfson Microelectronics PLC supplies high performance mixed-signal semiconductors to the consumer electronics market. The company's two segments are Audio Hubs and Discrete and Power Products. Audio Hubs includes the supply and sale of Audio Hubs high performance audio integrated circuit solutions. Discrete and Power Products includes the supply and sale of integrated circuits which are discrete components. The company operates in Japan, Asia Pacific, Americas and Europe.

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