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Sunplus Technology Co (TPE:2401) Cyclically Adjusted PB Ratio : 1.91 (As of Jun. 09, 2024)


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What is Sunplus Technology Co Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Sunplus Technology Co's current share price is NT$34.75. Sunplus Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$18.24. Sunplus Technology Co's Cyclically Adjusted PB Ratio for today is 1.91.

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

TPE:2401' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 1.39   Max: 2.67
Current: 1.91

During the past years, Sunplus Technology Co's highest Cyclically Adjusted PB Ratio was 2.67. The lowest was 0.47. And the median was 1.39.

TPE:2401's Cyclically Adjusted PB Ratio is ranked better than
59.22% of 689 companies
in the Semiconductors industry
Industry Median: 2.57 vs TPE:2401: 1.91

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.

Sunplus Technology Co's adjusted book value per share data for the three months ended in Mar. 2024 was NT$14.689. 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 NT$18.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sunplus Technology Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sunplus Technology 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.

Sunplus Technology Co Cyclically Adjusted PB Ratio Chart

Sunplus Technology 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 0.80 1.11 2.27 1.25 1.90

Sunplus Technology Co 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 1.37 1.58 1.59 1.90 1.54

Competitive Comparison of Sunplus Technology Co's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Sunplus Technology 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.


Sunplus Technology Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Sunplus Technology 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.

Sunplus Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=34.75/18.24
=1.91

* 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.

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

For example, Sunplus Technology 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)
=14.689/131.7762*131.7762
=14.689

Current CPI (Mar. 2024) = 131.7762.

Sunplus Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 15.371 100.560 20.143
201409 15.613 100.428 20.487
201412 15.846 99.070 21.077
201503 16.699 99.621 22.089
201506 15.985 100.684 20.921
201509 15.452 100.392 20.283
201512 16.196 99.792 21.387
201603 15.914 100.470 20.873
201606 14.794 101.688 19.171
201609 15.282 101.861 19.770
201612 15.336 101.863 19.840
201703 15.440 102.862 19.780
201706 15.000 103.349 19.126
201709 15.174 104.136 19.202
201712 15.237 104.011 19.304
201803 15.285 105.290 19.130
201806 14.470 106.317 17.935
201809 14.485 106.507 17.922
201812 14.387 105.998 17.886
201903 14.510 107.251 17.828
201906 14.109 108.070 17.204
201909 14.004 108.329 17.035
201912 13.899 108.420 16.893
202003 13.600 108.902 16.457
202006 13.375 108.767 16.204
202009 13.872 109.815 16.646
202012 14.299 109.897 17.146
202103 14.689 111.754 17.321
202106 15.119 114.631 17.380
202109 16.170 115.734 18.411
202112 17.195 117.630 19.263
202203 17.969 121.301 19.521
202206 15.780 125.017 16.633
202209 15.956 125.227 16.791
202212 15.740 125.222 16.564
202303 15.689 127.348 16.235
202306 14.850 128.729 15.202
202309 14.811 129.860 15.030
202312 14.420 129.419 14.683
202403 14.689 131.776 14.689

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.


Sunplus Technology Co  (TPE:2401) 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.


Sunplus Technology Co Cyclically Adjusted PB Ratio Related Terms

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


Sunplus Technology Co (TPE:2401) Business Description

Traded in Other Exchanges
N/A
Address
No.19, Innovation 1st Road, Hsinchu Science Park, Hsinchu, TWN, 30076
Sunplus Technology Co Ltd t researches, develops, designs, tests and sells high quality, high value-added consumer integrated circuits (ICs). Its products are based on core technologies in such areas as multimedia audio/video, single-chip microcontrollers and digital signal processors. These technologies are used to develop hundreds of products including various ICs: Liquid crystal display, microcontroller, multimedia, voice/music, and application-specific devices.

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