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Mospec Semiconductor (TPE:2434) Cyclically Adjusted PB Ratio : 1.14 (As of Sep. 21, 2024)


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What is Mospec Semiconductor Cyclically Adjusted PB Ratio?

As of today (2024-09-21), Mospec Semiconductor's current share price is NT$32.40. Mospec Semiconductor's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was NT$28.36. Mospec Semiconductor's Cyclically Adjusted PB Ratio for today is 1.14.

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

TPE:2434' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1   Max: 1.45
Current: 1.14

During the past years, Mospec Semiconductor's highest Cyclically Adjusted PB Ratio was 1.45. The lowest was 0.57. And the median was 1.00.

TPE:2434's Cyclically Adjusted PB Ratio is ranked better than
75.89% of 560 companies
in the Semiconductors industry
Industry Median: 2.355 vs TPE:2434: 1.14

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.

Mospec Semiconductor's adjusted book value per share data for the three months ended in Jun. 2024 was NT$13.269. 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$28.36 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mospec Semiconductor Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mospec 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.

Mospec Semiconductor Cyclically Adjusted PB Ratio Chart

Mospec Semiconductor Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.71 0.75 1.18 0.89

Mospec Semiconductor Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24
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 0.98 0.99 1.17 1.09 1.20

Competitive Comparison of Mospec Semiconductor's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Mospec 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.


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

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

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



Mospec 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=32.40/28.36
=1.14

* 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.

Mospec Semiconductor's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Mospec Semiconductor's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=13.269/132.5538*132.5538
=13.269

Current CPI (Jun. 2024) = 132.5538.

Mospec Semiconductor Quarterly Data

Book Value per Share CPI Adj_Book
201406 41.529 100.560 54.742
201409 39.385 100.428 51.984
201412 56.912 99.070 76.147
201503 54.538 99.621 72.567
201506 39.002 100.684 51.347
201509 32.557 100.392 42.987
201512 31.830 99.792 42.280
201603 29.731 100.470 39.225
201606 27.727 101.688 36.143
201609 26.114 101.861 33.983
201612 26.371 101.863 34.317
201703 24.100 102.862 31.057
201706 23.648 103.349 30.331
201709 36.566 104.136 46.545
201712 32.973 104.011 42.021
201803 31.399 105.290 39.530
201806 28.604 106.317 35.663
201809 26.028 106.507 32.393
201812 22.648 105.998 28.322
201903 20.791 107.251 25.696
201906 17.607 108.070 21.596
201909 13.434 108.329 16.438
201912 7.903 108.420 9.662
202003 6.674 108.902 8.124
202006 5.795 108.767 7.062
202009 12.370 109.815 14.931
202012 12.440 109.897 15.005
202103 14.896 111.754 17.668
202106 14.752 114.631 17.058
202109 14.437 115.734 16.535
202112 14.335 117.630 16.154
202203 14.180 121.301 15.495
202206 13.680 125.017 14.505
202209 14.369 125.227 15.210
202212 13.530 125.222 14.322
202303 13.171 127.348 13.709
202306 12.909 128.729 13.293
202309 12.683 129.860 12.946
202403 13.913 131.776 13.995
202406 13.269 132.554 13.269

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.


Mospec Semiconductor  (TPE:2434) 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.


Mospec Semiconductor Cyclically Adjusted PB Ratio Related Terms

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


Mospec Semiconductor Business Description

Traded in Other Exchanges
N/A
Address
No. 76 Zhongshan Road, Xinshi District, Tainan City, TWN, 74442
Mospec Semiconductor Corp is an integrated power semiconductor company. The company is engaged in manufacturing of rectifier diodes, power transistors, epitaxial silicon wafers, polished prime wafers, and solar cell wafers. The majority revenue of the company is derived from China and Taiwan.

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