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Netlist (FRA:XAB) Cyclically Adjusted PB Ratio : (As of Jun. 18, 2024)


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What is Netlist 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


Netlist Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Netlist'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.

Netlist Cyclically Adjusted PB Ratio Chart

Netlist 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 0.92 3.02 46.46 13.77 31.20

Netlist 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 49.04 51.31 33.34 31.20 32.97

Competitive Comparison of Netlist's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Netlist'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.


Netlist's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Netlist 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.

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

For example, Netlist'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)
=0.068/131.7762*131.7762
=0.068

Current CPI (Mar. 2024) = 131.7762.

Netlist Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.242 100.560 0.317
201409 0.188 100.428 0.247
201412 0.092 99.070 0.122
201503 0.171 99.621 0.226
201506 0.095 100.684 0.124
201509 0.007 100.392 0.009
201512 -0.024 99.792 -0.032
201603 -0.040 100.470 -0.052
201606 -0.060 101.688 -0.078
201609 0.043 101.861 0.056
201612 -0.008 101.863 -0.010
201703 -0.054 102.862 -0.069
201706 -0.099 103.349 -0.126
201709 -0.063 104.136 -0.080
201712 -0.057 104.011 -0.072
201803 -0.076 105.290 -0.095
201806 -0.070 106.317 -0.087
201809 -0.009 106.507 -0.011
201812 -0.036 105.998 -0.045
201903 -0.057 107.251 -0.070
201906 -0.077 108.070 -0.094
201909 -0.076 108.329 -0.092
201912 -0.054 108.420 -0.066
202003 -0.063 108.902 -0.076
202006 -0.055 108.767 -0.067
202009 -0.007 109.815 -0.008
202012 -0.015 109.897 -0.018
202103 0.043 111.754 0.051
202106 0.214 114.631 0.246
202109 0.292 115.734 0.332
202112 0.343 117.630 0.384
202203 0.327 121.301 0.355
202206 0.326 125.017 0.344
202209 0.281 125.227 0.296
202212 0.185 125.222 0.195
202303 0.156 127.348 0.161
202306 0.143 128.729 0.146
202309 0.243 129.860 0.247
202312 0.156 129.419 0.159
202403 0.068 131.776 0.068

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.


Netlist  (FRA:XAB) 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.


Netlist Cyclically Adjusted PB Ratio Related Terms

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Netlist (FRA:XAB) Business Description

Industry
Traded in Other Exchanges
Address
111 Academy, Suite 100, Irvine, CA, USA, 92617
Netlist Inc is involved in the business of designing and manufacturing modular memory subsystems and also cloud service providers. Its products include Storage class memory, nonvolatile memory, specialty DIMMs and embedded flash. The company's products are based on its proprietary technologies such as Presight technology, Distributed buffer architecture, IC design, PCB designs, Thermal management designs.

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