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Soitec (Soitec) Cyclically Adjusted PB Ratio : 5.92 (As of Jun. 04, 2024)


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What is Soitec Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Soitec's current share price is $60.00. Soitec's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was $10.14. Soitec's Cyclically Adjusted PB Ratio for today is 5.92.

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

SLOIY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 2.49   Max: 12
Current: 5.9

During the past 13 years, Soitec's highest Cyclically Adjusted PB Ratio was 12.00. The lowest was 0.14. And the median was 2.49.

SLOIY's Cyclically Adjusted PB Ratio is ranked worse than
81.2% of 686 companies
in the Semiconductors industry
Industry Median: 2.575 vs SLOIY: 5.90

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.

Soitec's adjusted book value per share data of for the fiscal year that ended in Mar24 was $22.773. 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 $10.14 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Soitec Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Soitec'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.

Soitec Cyclically Adjusted PB Ratio Chart

Soitec Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.67 8.74 10.23 8.97 5.10

Soitec Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 10.23 - 8.97 - 5.10

Competitive Comparison of Soitec's Cyclically Adjusted PB Ratio

For the Semiconductor Equipment & Materials subindustry, Soitec'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.


Soitec's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Soitec 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.

Soitec's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=60.00/10.14
=5.92

* 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.

Soitec's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Soitec's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=22.773/119.4700*119.4700
=22.773

Current CPI (Mar24) = 119.4700.

Soitec Annual Data

Book Value per Share CPI Adj_Book
201503 1.871 100.170 2.231
201603 -0.302 100.020 -0.361
201703 2.631 101.170 3.107
201803 5.476 102.750 6.367
201903 7.175 103.890 8.251
202003 9.188 104.590 10.495
202103 12.141 105.750 13.716
202203 16.475 110.490 17.814
202303 19.641 116.790 20.092
202403 22.773 119.470 22.773

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.


Soitec  (OTCPK:SLOIY) 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.


Soitec Cyclically Adjusted PB Ratio Related Terms

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


Soitec (Soitec) Business Description

Industry
Traded in Other Exchanges
Address
Parc Technologique des Fontaines, Chemin des Franques, Bernin, FRA, 38190
Soitec is a French company that manufactures and sells engineered wafers for the semiconductor industry. Soitec is the number one provider of silicon-on-insulator, or SOI, wafers worldwide and also provides other engineered substrates like gallium nitride or silicon carbide. Soitec sells wafers to fabrication plants that use the them to produce chips. Soitec has facilities in France, Singapore, and China and plans to expand its capacity by 75% from 2022 to 2026.

Soitec (Soitec) Headlines

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