GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Monolithic Power Systems Inc (MEX:MPWR) » Definitions » Cyclically Adjusted PB Ratio

Monolithic Power Systems (MEX:MPWR) Cyclically Adjusted PB Ratio : 25.30 (As of Dec. 15, 2024)


View and export this data going back to 2019. Start your Free Trial

What is Monolithic Power Systems Cyclically Adjusted PB Ratio?

As of today (2024-12-15), Monolithic Power Systems's current share price is MXN12018.00. Monolithic Power Systems's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was MXN475.09. Monolithic Power Systems's Cyclically Adjusted PB Ratio for today is 25.30.

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

MEX:MPWR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.26   Med: 15.95   Max: 41.35
Current: 25.02

During the past years, Monolithic Power Systems's highest Cyclically Adjusted PB Ratio was 41.35. The lowest was 7.26. And the median was 15.95.

MEX:MPWR's Cyclically Adjusted PB Ratio is ranked worse than
96.46% of 565 companies
in the Semiconductors industry
Industry Median: 2.57 vs MEX:MPWR: 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.

Monolithic Power Systems's adjusted book value per share data for the three months ended in Sep. 2024 was MXN949.291. 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 MXN475.09 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Monolithic Power Systems Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Monolithic Power Systems'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.

Monolithic Power Systems Cyclically Adjusted PB Ratio Chart

Monolithic Power Systems 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 16.67 30.55 34.09 20.07 29.81

Monolithic Power Systems Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 22.60 29.81 30.32 35.24 38.02

Competitive Comparison of Monolithic Power Systems's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Monolithic Power Systems'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.


Monolithic Power Systems's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Monolithic Power Systems 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.

Monolithic Power Systems's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12018.00/475.09
=25.30

* 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.

Monolithic Power Systems's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Monolithic Power Systems's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=949.291/133.0289*133.0289
=949.291

Current CPI (Sep. 2024) = 133.0289.

Monolithic Power Systems Quarterly Data

Book Value per Share CPI Adj_Book
201412 131.587 99.070 176.693
201503 134.166 99.621 179.158
201506 140.502 100.684 185.639
201509 151.477 100.392 200.722
201512 159.657 99.792 212.832
201603 163.423 100.470 216.382
201606 180.522 101.688 236.160
201609 197.962 101.861 258.535
201612 217.888 101.863 284.554
201703 205.977 102.862 266.384
201706 207.037 103.349 266.494
201709 221.023 104.136 282.348
201712 246.358 104.011 315.089
201803 240.671 105.290 304.078
201806 269.066 106.317 336.669
201809 269.127 106.507 336.145
201812 295.688 105.998 371.093
201903 306.637 107.251 380.339
201906 312.856 108.070 385.112
201909 333.811 108.329 409.921
201912 334.465 108.420 410.381
202003 426.427 108.902 520.903
202006 436.317 108.767 533.642
202009 448.016 109.815 542.723
202012 424.754 109.897 514.160
202103 456.568 111.754 543.484
202106 471.392 114.631 547.047
202109 518.707 115.734 596.219
202112 551.693 117.630 623.918
202203 566.310 121.301 621.063
202206 611.930 125.017 651.147
202209 655.934 125.227 696.803
202212 690.578 125.222 733.633
202303 675.310 127.348 705.436
202306 662.224 128.729 684.346
202309 707.090 129.860 724.348
202312 724.498 129.419 744.704
202403 720.758 131.776 727.610
202406 826.078 132.554 829.039
202409 949.291 133.029 949.291

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.


Monolithic Power Systems  (MEX:MPWR) 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.


Monolithic Power Systems Cyclically Adjusted PB Ratio Related Terms

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


Monolithic Power Systems Business Description

Traded in Other Exchanges
Address
5808 Lake Washington Boulevard NE, Kirkland, WA, USA, 98033
Monolithic Power Systems is an analog and mixed-signal chipmaker, specializing in power management solutions. The firm's mission is to reduce total energy consumption in end systems, and it serves the computing, automotive, industrial, communications, and consumer end markets. MPS uses a fabless manufacturing model, partnering with third-party chip foundries to host its proprietary BCD process technology.