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Shanghai Fudan Microelectronics Group Co (Shanghai Fudan Microelectronics Group Co) Cyclically Adjusted PB Ratio : 2.96 (As of May. 15, 2024)


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What is Shanghai Fudan Microelectronics Group Co Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Shanghai Fudan Microelectronics Group Co's current share price is $49.75. Shanghai Fudan Microelectronics Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $16.79. Shanghai Fudan Microelectronics Group Co's Cyclically Adjusted PB Ratio for today is 2.96.

The historical rank and industry rank for Shanghai Fudan Microelectronics Group Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SFDMY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.69   Med: 8.79   Max: 16.75
Current: 3.31

During the past years, Shanghai Fudan Microelectronics Group Co's highest Cyclically Adjusted PB Ratio was 16.75. The lowest was 2.69. And the median was 8.79.

SFDMY's Cyclically Adjusted PB Ratio is ranked worse than
63.93% of 682 companies
in the Semiconductors industry
Industry Median: 2.485 vs SFDMY: 3.31

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.

Shanghai Fudan Microelectronics Group Co's adjusted book value per share data for the three months ended in Mar. 2024 was $27.867. 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 $16.79 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Fudan Microelectronics Group Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Shanghai Fudan Microelectronics Group Co'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.

Shanghai Fudan Microelectronics Group Co Cyclically Adjusted PB Ratio Chart

Shanghai Fudan Microelectronics Group Co 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 4.23 7.49 11.63 11.15 4.20

Shanghai Fudan Microelectronics Group Co Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 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 10.07 6.43 5.25 4.20 2.96

Competitive Comparison of Shanghai Fudan Microelectronics Group Co's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Shanghai Fudan Microelectronics Group Co'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.


Shanghai Fudan Microelectronics Group Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Shanghai Fudan Microelectronics Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Fudan Microelectronics Group Co's Cyclically Adjusted PB Ratio falls into.



Shanghai Fudan Microelectronics Group Co 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.

Shanghai Fudan Microelectronics Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=49.75/16.79
=2.96

* 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.

Shanghai Fudan Microelectronics Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shanghai Fudan Microelectronics Group Co'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)
=27.867/117.7354*117.7354
=27.867

Current CPI (Mar. 2024) = 117.7354.

Shanghai Fudan Microelectronics Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201009 0.000 80.029 0.000
201012 3.217 83.217 4.551
201103 0.000 84.756 0.000
201106 3.285 86.185 4.488
201109 0.000 84.646 0.000
201112 3.946 87.944 5.283
201203 0.000 88.934 0.000
201206 3.852 89.373 5.074
201209 0.000 87.834 0.000
201212 4.726 91.132 6.106
201303 0.000 92.122 0.000
201306 5.047 93.001 6.389
201309 0.000 91.902 0.000
201312 5.728 95.090 7.092
201406 5.758 96.409 7.032
201412 6.614 99.707 7.810
201506 7.114 99.267 8.438
201512 7.549 102.015 8.712
201606 8.015 101.686 9.280
201612 8.580 103.225 9.786
201706 9.464 103.664 10.749
201712 11.159 104.984 12.514
201806 11.989 106.193 13.292
201812 12.190 107.622 13.336
201906 11.575 109.601 12.434
201912 10.991 110.700 11.690
202006 11.345 110.590 12.078
202012 12.751 109.711 13.684
202106 14.287 111.360 15.105
202109 0.000 109.051 0.000
202112 18.159 112.349 19.030
202203 0.000 113.558 0.000
202206 20.264 113.448 21.030
202209 22.169 113.778 22.940
202212 23.876 114.548 24.540
202303 25.318 115.427 25.824
202306 25.223 115.647 25.679
202309 25.907 116.087 26.275
202312 27.203 117.296 27.305
202403 27.867 117.735 27.867

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.


Shanghai Fudan Microelectronics Group Co  (OTCPK:SFDMY) 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.


Shanghai Fudan Microelectronics Group Co Cyclically Adjusted PB Ratio Related Terms

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Shanghai Fudan Microelectronics Group Co (Shanghai Fudan Microelectronics Group Co) Business Description

Traded in Other Exchanges
Address
98 Granville Road, Flat 6, 5th Floor, East Ocean Centre, Tsimshatsui East, Kowloon, Hong Kong, HKG
Shanghai Fudan Microelectronics Group Company Limited is principally engaged in the integrated circuit (IC) related businesses. The Company operates through two business segments: the design, development and sales of IC products segment and the provision of testing services for IC products segment. The Company is also engaged in the production of probe cards, the development and sales of hardware and software of computers, electronic products and communication equipment and the provision of investment management and consultancy services, research and consultancy services of IC technology and research and consultancy services of computer and network technology through its subsidiaries.

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