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Mellanox Technologies (FRA:ZZE) Cyclically Adjusted PB Ratio : (As of May. 25, 2024)


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What is Mellanox Technologies Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mellanox Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mellanox Technologies'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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Mellanox Technologies Cyclically Adjusted PB Ratio Chart

Mellanox Technologies Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PB Ratio
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Mellanox Technologies Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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Competitive Comparison of Mellanox Technologies's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Mellanox Technologies'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.


Mellanox Technologies's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Mellanox Technologies 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.

Mellanox Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2020 is calculated as:

For example, Mellanox Technologies's adjusted Book Value per Share data for the three months ended in Mar. 2020 was:

Adj_Book=Book Value per Share/CPI of Mar. 2020 (Change)*Current CPI (Mar. 2020)
=29.059/108.9015*108.9015
=29.059

Current CPI (Mar. 2020) = 108.9015.

Mellanox Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201006 6.440 91.962 7.626
201009 6.203 92.162 7.330
201012 6.221 92.474 7.326
201103 6.047 94.283 6.985
201106 6.031 95.235 6.897
201109 7.894 95.727 8.980
201112 8.461 95.213 9.677
201203 8.840 96.783 9.947
201206 9.937 96.819 11.177
201209 10.848 97.633 12.100
201212 11.254 96.871 12.652
201303 11.393 98.209 12.633
201306 11.307 98.518 12.499
201309 11.294 98.790 12.450
201312 11.063 98.326 12.253
201403 10.910 99.695 11.918
201406 11.062 100.560 11.980
201409 11.916 100.428 12.921
201412 12.511 99.070 13.753
201503 14.736 99.621 16.109
201506 14.832 100.684 16.043
201509 15.390 100.392 16.695
201512 16.885 99.792 18.426
201603 16.812 100.470 18.223
201606 16.909 101.688 18.108
201609 17.487 101.861 18.696
201612 18.848 101.863 20.150
201703 18.708 102.862 19.806
201706 17.792 103.349 18.748
201709 17.086 104.136 17.868
201712 17.354 104.011 18.170
201803 17.526 105.290 18.127
201806 18.788 106.317 19.245
201809 19.759 106.507 20.203
201812 21.220 105.998 21.801
201903 22.638 107.251 22.986
201906 23.625 108.070 23.807
201909 25.415 108.329 25.549
201912 26.724 108.420 26.843
202003 29.059 108.902 29.059

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.


Mellanox Technologies  (FRA:ZZE) 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.


Mellanox Technologies Cyclically Adjusted PB Ratio Related Terms

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Mellanox Technologies (FRA:ZZE) Business Description

Traded in Other Exchanges
N/A
Address
Beit Mellanox, Yokneam, ISR, 20692
Mellanox Technologies Ltd is engaged in the development, manufacturing, marketing and sales of end-to-end Ethernet and InfiniBand intelligent interconnect solutions and services for servers, storage, and hyper-converged infrastructure. The company offers integrated circuits, adapter cards, switch systems, cables, modules, software, services, and accessories. The company supplies its products mainly to the storage and communications infrastructure equipment vendors. The company operates its business mainly in United States, Europe, China, Japan, India, Taiwan and Australia.

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