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Alchip Technologies (LUX:ALCHA) Cyclically Adjusted PB Ratio : 26.20 (As of Jun. 16, 2024)


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What is Alchip Technologies Cyclically Adjusted PB Ratio?

As of today (2024-06-16), Alchip Technologies's current share price is $82.00. Alchip Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $3.13. Alchip Technologies's Cyclically Adjusted PB Ratio for today is 26.20.

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

LUX:ALCHA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 8.42   Med: 16.13   Max: 45.63
Current: 25.02

During the past years, Alchip Technologies's highest Cyclically Adjusted PB Ratio was 45.63. The lowest was 8.42. And the median was 16.13.

LUX:ALCHA's Cyclically Adjusted PB Ratio is ranked worse than
97.09% of 688 companies
in the Semiconductors industry
Industry Median: 2.58 vs LUX:ALCHA: 25.02

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.

Alchip Technologies's adjusted book value per share data for the three months ended in Mar. 2024 was $13.294. 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 $3.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alchip Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Alchip 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.

* Premium members only.

Alchip Technologies Cyclically Adjusted PB Ratio Chart

Alchip Technologies 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 - - 17.27 10.24 34.43

Alchip Technologies 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 15.29 20.90 29.76 34.43 31.61

Competitive Comparison of Alchip Technologies's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Alchip 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.


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

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

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



Alchip 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.

Alchip Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=82.00/3.13
=26.20

* 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.

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

For example, Alchip Technologies'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)
=13.294/131.7762*131.7762
=13.294

Current CPI (Mar. 2024) = 131.7762.

Alchip Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.096 100.560 1.436
201409 1.173 100.428 1.539
201412 1.396 99.070 1.857
201503 1.351 99.621 1.787
201506 1.278 100.684 1.673
201509 1.363 100.392 1.789
201512 1.400 99.792 1.849
201603 1.396 100.470 1.831
201606 1.286 101.688 1.667
201609 1.285 101.861 1.662
201612 1.317 101.863 1.704
201703 1.321 102.862 1.692
201706 1.393 103.349 1.776
201709 1.449 104.136 1.834
201712 1.486 104.011 1.883
201803 1.558 105.290 1.950
201806 1.621 106.317 2.009
201809 1.623 106.507 2.008
201812 1.587 105.998 1.973
201903 1.658 107.251 2.037
201906 1.646 108.070 2.007
201909 1.728 108.329 2.102
201912 1.800 108.420 2.188
202003 1.908 108.902 2.309
202006 1.907 108.767 2.310
202009 2.049 109.815 2.459
202012 2.223 109.897 2.666
202103 4.981 111.754 5.873
202106 4.846 114.631 5.571
202109 5.057 115.734 5.758
202112 5.276 117.630 5.911
202203 5.564 121.301 6.044
202206 5.380 125.017 5.671
202209 5.681 125.227 5.978
202212 5.893 125.222 6.201
202303 6.199 127.348 6.415
202306 6.105 128.729 6.250
202309 7.385 129.860 7.494
202312 7.756 129.419 7.897
202403 13.294 131.776 13.294

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.


Alchip Technologies  (LUX:ALCHA) 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.


Alchip Technologies Cyclically Adjusted PB Ratio Related Terms

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


Alchip Technologies (LUX:ALCHA) Business Description

Traded in Other Exchanges
Address
Wenhu Street, No.12, 9th floor, Neihu District, Taipei, TWN, 11445
Alchip Technologies Ltd is engaged in the research and development, design, and manufacture of fabless application-specific integrated circuits (ASIC) and system on a chip (SoC) and the rendering of related services. Its geographical segments are China, Japan, the United States, Europe, Taiwan, and Others, of which majority of its revenue comes from the United States.

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