Adeia (LTS:0M2A) Cyclically Adjusted PB Ratio : 0.90 (As of Jun. 20, 2024)

View and export this data going back to 2018. Start your Free Trial

What is Adeia Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Adeia's current share price is $10.875. Adeia's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $12.12. Adeia's Cyclically Adjusted PB Ratio for today is 0.90.

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

LTS:0M2A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.46 Max: 1.08
Current: 0.88

During the past years, Adeia's highest Cyclically Adjusted PB Ratio was 1.08. The lowest was 0.15. And the median was 0.46.

LTS:0M2A's Cyclically Adjusted PB Ratio is ranked better than
80.56% of 1425 companies
in the Software industry
Industry Median: 2.52 vs LTS:0M2A: 0.88

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.

Adeia's adjusted book value per share data for the three months ended in Mar. 2024 was $3.227. 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 $12.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

Adeia Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Adeia'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.

Adeia Cyclically Adjusted PB Ratio Chart

Adeia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PB Ratio

Get a 7-Day Free Trial

0.67

0.76

0.65

0.75

1.02

Adeia 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															0.70	0.88	0.86	1.02	0.90

Competitive Comparison of Adeia's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Adeia'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.

Adeia's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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

Adeia 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.

Adeia's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio	=	Share Price	/	Cyclically Adjusted Book per Share
	=	10.875	/	12.12
	=	0.90

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

For example, Adeia'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)
	=	3.227	/	131.7762	*	131.7762
	=	3.227

Current CPI (Mar. 2024) = 131.7762.

Adeia Quarterly Data

	Book Value per Share	CPI	Adj_Book
201406	7.717	100.560	10.113
201409	9.755	100.428	12.800
201412	10.245	99.070	13.627
201503	10.344	99.621	13.683
201506	10.356	100.684	13.554
201509	10.319	100.392	13.545
201512	10.243	99.792	13.526
201603	9.988	100.470	13.100
201606	10.003	101.688	12.963
201609	10.391	101.861	13.443
201612	10.394	101.863	13.446
201703	10.057	102.862	12.884
201706	9.227	103.349	11.765
201709	8.850	104.136	11.199
201712	8.871	104.011	11.239
201803	12.399	105.290	15.518
201806	11.669	106.317	14.463
201809	11.134	106.507	13.776
201812	12.796	105.998	15.908
201903	11.984	107.251	14.724
201906	11.766	108.070	14.347
201909	11.413	108.329	13.883
201912	11.042	108.420	13.421
202003	11.182	108.902	13.531
202006	12.514	108.767	15.161
202009	12.211	109.815	14.653
202012	13.905	109.897	16.673
202103	13.763	111.754	16.229
202106	13.784	114.631	15.846
202109	13.202	115.734	15.032
202112	13.070	117.630	14.642
202203	13.133	121.301	14.267
202206	13.143	125.017	13.854
202209	9.446	125.227	9.940
202212	2.866	125.222	3.016
202303	3.035	127.348	3.141
202306	3.030	128.729	3.102
202309	3.210	129.860	3.257
202312	3.321	129.419	3.381
202403	3.227	131.776	3.227

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.

Adeia (LTS:0M2A) 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.

Adeia Cyclically Adjusted PB Ratio Related Terms

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

Adeia (LTS:0M2A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Adeia Inc (LTS:0M2A) » Definitions » Cyclically Adjusted PB Ratio

Comparable Companies

Traded in Other Exchanges

ADEA:USA 8OZ:Germany

Address

3025 Orchard Parkway, San Jose, CA, USA, 95134

Website

https://www.adeia.com

Adeia Inc is a consumer and entertainment product/solutions licensing company. Its only operating segment being Intellectual Property Licensing (IP). In the IP segment, it primarily license innovations to leading companies in the broader entertainment industry, and those developing new technologies that will help drive this industry forward. It includes Pay-TV, Consumer Electronics, Connected Car, and Media Platform.

Adeia (LTS:0M2A) Headlines

No Headlines