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Adeia (STU:8OZ) Cyclically Adjusted PB Ratio : 0.98 (As of May. 25, 2024)


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What is Adeia Cyclically Adjusted PB Ratio?

As of today (2024-05-25), Adeia's current share price is €10.70. Adeia's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €10.90. Adeia's Cyclically Adjusted PB Ratio for today is 0.98.

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

STU:8OZ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.46   Max: 1.08
Current: 0.97

During the past years, Adeia's highest Cyclically Adjusted PB Ratio was 1.08. The lowest was 0.15. And the median was 0.46.

STU:8OZ's Cyclically Adjusted PB Ratio is ranked better than
79.41% of 1355 companies
in the Software industry
Industry Median: 2.61 vs STU:8OZ: 0.97

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.

Adeia's adjusted book value per share data for the three months ended in Mar. 2024 was €2.969. 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 €10.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Adeia Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Adeia'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.

Adeia Cyclically Adjusted PB Ratio Chart

Adeia 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 0.67 0.76 0.65 0.75 1.02

Adeia 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 0.70 0.88 0.86 1.02 0.90

Competitive Comparison of Adeia's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Adeia'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.


Adeia's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Adeia 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.70/10.9
=0.98

* 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.

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

For example, Adeia'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)
=2.969/131.7762*131.7762
=2.969

Current CPI (Mar. 2024) = 131.7762.

Adeia Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.680 100.560 7.443
201409 7.570 100.428 9.933
201412 8.309 99.070 11.052
201503 9.557 99.621 12.642
201506 9.227 100.684 12.076
201509 9.194 100.392 12.068
201512 9.403 99.792 12.417
201603 8.969 100.470 11.764
201606 8.903 101.688 11.537
201609 9.258 101.861 11.977
201612 9.853 101.863 12.746
201703 9.403 102.862 12.046
201706 8.212 103.349 10.471
201709 7.426 104.136 9.397
201712 7.496 104.011 9.497
201803 10.056 105.290 12.586
201806 9.989 106.317 12.381
201809 9.542 106.507 11.806
201812 11.248 105.998 13.983
201903 10.606 107.251 13.031
201906 10.413 108.070 12.697
201909 10.363 108.329 12.606
201912 9.938 108.420 12.079
202003 10.119 108.902 12.244
202006 11.112 108.767 13.463
202009 10.367 109.815 12.440
202012 11.430 109.897 13.706
202103 11.561 111.754 13.632
202106 11.441 114.631 13.152
202109 11.222 115.734 12.777
202112 11.567 117.630 12.958
202203 11.925 121.301 12.955
202206 12.433 125.017 13.105
202209 9.540 125.227 10.039
202212 2.706 125.222 2.848
202303 2.835 127.348 2.934
202306 2.797 128.729 2.863
202309 3.008 129.860 3.052
202312 3.045 129.419 3.100
202403 2.969 131.776 2.969

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.


Adeia  (STU:8OZ) 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.


Adeia Cyclically Adjusted PB Ratio Related Terms

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


Adeia (STU:8OZ) Business Description

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Address
3025 Orchard Parkway, San Jose, CA, USA, 95134
Adeia Inc is a consumer and entertainment product/solutions licensing company. Its only operating segment being Intellectual Property Licensing (IP). In the IP segment, it primarily license innovations to leading companies in the broader entertainment industry, and those developing new technologies that will help drive this industry forward. It includes Pay-TV, Consumer Electronics, Connected Car, and Media Platform.

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