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Skyworks Solutions (BSP:S1SL34) Cyclically Adjusted Book per Share : R$63.65 (As of Dec. 2023)


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What is Skyworks Solutions Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Skyworks Solutions's adjusted book value per share for the three months ended in Dec. 2023 was R$95.216. 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 R$63.65 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Skyworks Solutions's average Cyclically Adjusted Book Growth Rate was 12.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 14.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Skyworks Solutions was 22.20% per year. The lowest was -4.90% per year. And the median was 9.30% per year.

As of today (2024-04-28), Skyworks Solutions's current stock price is R$258.96. Skyworks Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$63.65. Skyworks Solutions's Cyclically Adjusted PB Ratio of today is 4.07.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Skyworks Solutions was 13.31. The lowest was 3.13. And the median was 6.90.


Skyworks Solutions Cyclically Adjusted Book per Share Historical Data

The historical data trend for Skyworks Solutions's Cyclically Adjusted Book per Share 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.

Skyworks Solutions Cyclically Adjusted Book per Share Chart

Skyworks Solutions Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 43.37 57.30 74.52 68.76

Skyworks Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 67.25 68.14 63.68 68.76 63.65

Competitive Comparison of Skyworks Solutions's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, Skyworks Solutions'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.


Skyworks Solutions's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Skyworks Solutions Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Skyworks Solutions's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=95.216/129.4194*129.4194
=95.216

Current CPI (Dec. 2023) = 129.4194.

Skyworks Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201403 14.065 99.695 18.259
201406 14.132 100.560 18.188
201409 15.646 100.428 20.163
201412 18.763 99.070 24.511
201503 23.548 99.621 30.592
201506 24.780 100.684 31.852
201509 32.399 100.392 41.767
201512 35.270 99.792 45.741
201603 34.446 100.470 44.371
201606 32.082 101.688 40.831
201609 31.154 101.861 39.583
201612 33.216 101.863 42.202
201703 32.138 102.862 40.435
201706 34.961 103.349 43.780
201709 34.778 104.136 43.222
201712 35.231 104.011 43.837
201803 36.645 105.290 45.043
201806 42.840 106.317 52.149
201809 47.445 106.507 57.652
201812 45.038 105.998 54.990
201903 45.378 107.251 54.758
201906 46.061 108.070 55.161
201909 49.917 108.329 59.635
201912 51.364 108.420 61.312
202003 60.426 108.902 71.811
202006 64.931 108.767 77.260
202009 67.895 109.815 80.016
202012 68.870 109.897 81.104
202103 80.425 111.754 93.138
202106 76.186 114.631 86.014
202109 84.584 115.734 94.586
202112 91.685 117.630 100.875
202203 79.841 121.301 85.185
202206 83.154 125.017 86.082
202209 89.505 125.227 92.502
202212 91.488 125.222 94.555
202303 93.783 127.348 95.309
202306 89.603 128.729 90.084
202309 94.171 129.860 93.852
202312 95.216 129.419 95.216

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Skyworks Solutions  (BSP:S1SL34) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Skyworks Solutions's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=258.96/63.65
=4.07

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Skyworks Solutions was 13.31. The lowest was 3.13. And the median was 6.90.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Skyworks Solutions Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Skyworks Solutions's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Skyworks Solutions (BSP:S1SL34) Business Description

Industry
Traded in Other Exchanges
Address
5260 California Avenue, Irvine, CA, USA, 92617
Skyworks Solutions produces semiconductors for wireless handsets and other devices that are used to enable wireless connectivity. Its main products include power amplifiers, filters, switches, and integrated front-end modules that support wireless transmissions. Skyworks' customers are mostly large smartphone manufacturers, but the firm also has a growing presence in nonhandset applications such as wireless routers, medical devices, and automobiles.

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