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Melexis NV (Melexis NV) Cyclically Adjusted PB Ratio : 7.42 (As of Jun. 23, 2024)


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What is Melexis NV Cyclically Adjusted PB Ratio?

As of today (2024-06-23), Melexis NV's current share price is $110.65. Melexis NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $14.92. Melexis NV's Cyclically Adjusted PB Ratio for today is 7.42.

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

MLXSF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.02   Med: 11.7   Max: 20.74
Current: 8.24

During the past years, Melexis NV's highest Cyclically Adjusted PB Ratio was 20.74. The lowest was 7.02. And the median was 11.70.

MLXSF's Cyclically Adjusted PB Ratio is ranked worse than
85.9% of 688 companies
in the Semiconductors industry
Industry Median: 2.585 vs MLXSF: 8.24

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.

Melexis NV's adjusted book value per share data for the three months ended in Mar. 2024 was $16.197. 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 $14.92 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Melexis NV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Melexis NV'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.

Melexis NV Cyclically Adjusted PB Ratio Chart

Melexis NV 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 11.88 12.80 14.45 9.23 9.38

Melexis NV 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 11.83 9.84 8.67 9.38 7.42

Competitive Comparison of Melexis NV's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Melexis NV'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.


Melexis NV's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Melexis NV 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.

Melexis NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=110.65/14.92
=7.42

* 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.

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

For example, Melexis NV'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)
=16.197/130.5518*130.5518
=16.197

Current CPI (Mar. 2024) = 130.5518.

Melexis NV Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.648 99.482 8.724
201409 7.113 99.195 9.362
201412 6.199 99.086 8.168
201503 5.949 99.423 7.812
201506 6.853 100.107 8.937
201509 7.647 100.245 9.959
201512 6.595 100.572 8.561
201603 7.385 101.653 9.485
201606 7.424 102.267 9.477
201609 8.122 102.118 10.383
201612 6.912 102.614 8.794
201703 7.679 103.972 9.642
201706 8.171 103.902 10.267
201709 9.551 104.170 11.970
201712 8.695 104.804 10.831
201803 9.947 105.419 12.318
201806 9.319 106.063 11.471
201809 10.179 106.618 12.464
201812 9.259 107.252 11.270
201903 9.601 107.876 11.619
201906 9.021 107.896 10.915
201909 9.241 107.470 11.226
201912 8.296 108.065 10.022
202003 8.816 108.550 10.603
202006 9.250 108.540 11.126
202009 10.098 108.441 12.157
202012 9.561 108.511 11.503
202103 11.019 109.522 13.135
202106 11.061 110.305 13.091
202109 11.876 111.543 13.900
202112 10.881 114.705 12.384
202203 11.937 118.620 13.138
202206 11.367 120.948 12.270
202209 11.882 124.120 12.498
202212 12.641 126.578 13.038
202303 14.099 126.528 14.547
202306 13.295 125.973 13.778
202309 14.611 127.083 15.010
202312 14.875 128.292 15.137
202403 16.197 130.552 16.197

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.


Melexis NV  (OTCPK:MLXSF) 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.


Melexis NV Cyclically Adjusted PB Ratio Related Terms

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


Melexis NV (Melexis NV) Business Description

Industry
Traded in Other Exchanges
Address
Rozendaalstraat 12, Ieper, BEL, 8900
Melexis designs sensor integrated circuits, which are a type of analog/mixed-signal chip, for the automobile industry. Its chips measure variables like positioning, temperature, electrical current, and pressure and convert real-world signals into digital signals to control car functionalities like the powertrain, rotation, safety systems, and pumps and fans, among many others.

Melexis NV (Melexis NV) Headlines

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