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Giga Device Semiconductor (SHSE:603986) Cyclically Adjusted PB Ratio : 8.82 (As of Jun. 04, 2025)


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What is Giga Device Semiconductor Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Giga Device Semiconductor's current share price is ¥115.58. Giga Device Semiconductor's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥13.11. Giga Device Semiconductor's Cyclically Adjusted PB Ratio for today is 8.82.

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

SHSE:603986' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.69   Med: 7.58   Max: 10.87
Current: 8.57

During the past years, Giga Device Semiconductor's highest Cyclically Adjusted PB Ratio was 10.87. The lowest was 5.69. And the median was 7.58.

SHSE:603986's Cyclically Adjusted PB Ratio is ranked worse than
89.9% of 713 companies
in the Semiconductors industry
Industry Median: 1.96 vs SHSE:603986: 8.57

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.

Giga Device Semiconductor's adjusted book value per share data for the three months ended in Mar. 2025 was ¥25.293. 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 ¥13.11 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Giga Device Semiconductor Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Giga Device Semiconductor'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.

Giga Device Semiconductor Cyclically Adjusted PB Ratio Chart

Giga Device Semiconductor Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 9.00 8.38

Giga Device Semiconductor Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 6.59 8.33 7.24 8.38 8.92

Competitive Comparison of Giga Device Semiconductor's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Giga Device Semiconductor'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.


Giga Device Semiconductor's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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


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Giga Device Semiconductor 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.

Giga Device Semiconductor's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=115.58/13.11
=8.82

* 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.

Giga Device Semiconductor's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Giga Device Semiconductor's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=25.293/115.1156*115.1156
=25.293

Current CPI (Mar. 2025) = 115.1156.

Giga Device Semiconductor Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.000 99.500 0.000
201509 0.000 100.500 0.000
201512 1.388 100.600 1.588
201603 1.473 102.200 1.659
201606 1.614 101.400 1.832
201609 2.254 102.400 2.534
201612 2.330 102.600 2.614
201703 2.453 103.200 2.736
201706 2.596 103.100 2.899
201709 2.883 104.100 3.188
201712 3.158 104.500 3.479
201803 3.076 105.300 3.363
201806 3.296 104.900 3.617
201809 3.425 106.600 3.699
201812 3.405 106.500 3.680
201903 3.581 107.700 3.828
201906 5.985 107.700 6.397
201909 7.874 109.800 8.255
201912 8.304 111.200 8.596
202003 8.647 112.300 8.864
202006 15.325 110.400 15.980
202009 15.870 111.700 16.355
202012 16.196 111.500 16.721
202103 16.636 112.662 16.998
202106 17.053 111.769 17.564
202109 18.905 112.215 19.394
202112 20.201 113.108 20.560
202203 21.296 114.335 21.441
202206 21.776 114.558 21.882
202209 22.799 115.339 22.755
202212 22.768 115.116 22.768
202303 23.031 115.116 23.031
202306 22.903 114.558 23.015
202309 23.298 115.339 23.253
202312 22.791 114.781 22.857
202403 22.999 115.227 22.977
202406 23.444 114.781 23.512
202409 24.081 115.785 23.942
202412 24.843 114.893 24.891
202503 25.293 115.116 25.293

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.


Giga Device Semiconductor  (SHSE:603986) 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.


Giga Device Semiconductor Cyclically Adjusted PB Ratio Related Terms

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


Giga Device Semiconductor Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Fenghao East Road, Building 8, Zhongguancun Integrated Circuit Design Park, Haidian District, Beijing, CHN, 100094
Giga Device Semiconductor Inc is engaged in the domestic storage and Internet of things (IoT) chip industry. Its products portfolio comprises of flash memories and microcontrollers. Some of its products are SPI NOR flash, SPI NAND flash, ARM cortex-M3, among others. The products are for the use in embedded, consumer, and mobile communications applications.
Executives
Hu Hong Director
Sun Gui Jing senior management
Zhu Yi Ming Director
Chen Yong Bo senior management
Zheng Tao senior management
He Wei senior management
Li Hong senior management

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