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Diodes (FRA:DDQ) Cyclically Adjusted Book per Share : €23.08 (As of Dec. 2023)


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What is Diodes 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.

Diodes's adjusted book value per share for the three months ended in Dec. 2023 was €34.748. 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 €23.08 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Diodes's average Cyclically Adjusted Book Growth Rate was 10.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.80% 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 Diodes was 31.90% per year. The lowest was 7.20% per year. And the median was 15.20% per year.

As of today (2024-04-27), Diodes's current stock price is €67.00. Diodes's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €23.08. Diodes's Cyclically Adjusted PB Ratio of today is 2.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Diodes was 5.59. The lowest was 1.32. And the median was 2.44.


Diodes Cyclically Adjusted Book per Share Historical Data

The historical data trend for Diodes'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.

Diodes Cyclically Adjusted Book per Share Chart

Diodes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.61 14.09 17.91 21.27 23.08

Diodes 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 21.27 21.37 22.05 23.39 23.08

Competitive Comparison of Diodes's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, Diodes'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.


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

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

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



Diodes 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, Diodes'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)
=34.748/129.4194*129.4194
=34.748

Current CPI (Dec. 2023) = 129.4194.

Diodes Quarterly Data

Book Value per Share CPI Adj_Book
201403 11.045 99.695 14.338
201406 11.556 100.560 14.872
201409 12.256 100.428 15.794
201412 13.092 99.070 17.103
201503 15.031 99.621 19.527
201506 14.990 100.684 19.268
201509 14.848 100.392 19.141
201512 15.164 99.792 19.666
201603 14.847 100.470 19.125
201606 14.541 101.688 18.506
201609 14.576 101.861 18.520
201612 15.257 101.863 19.384
201703 15.456 102.862 19.446
201706 15.093 103.349 18.900
201709 14.582 104.136 18.122
201712 14.301 104.011 17.795
201803 14.210 105.290 17.467
201806 15.154 106.317 18.447
201809 15.498 106.507 18.832
201812 16.303 105.998 19.905
201903 16.943 107.251 20.445
201906 17.509 108.070 20.968
201909 18.331 108.329 21.900
201912 19.446 108.420 23.212
202003 19.789 108.902 23.517
202006 19.677 108.767 23.413
202009 19.590 109.815 23.087
202012 17.894 109.897 21.073
202103 18.882 111.754 21.867
202106 20.088 114.631 22.679
202109 21.829 115.734 24.410
202112 24.323 117.630 26.761
202203 26.047 121.301 27.790
202206 28.268 125.017 29.263
202209 31.008 125.227 32.046
202212 31.425 125.222 32.478
202303 32.603 127.348 33.133
202306 33.541 128.729 33.721
202309 34.466 129.860 34.349
202312 34.748 129.419 34.748

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


Diodes  (FRA:DDQ) 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.

Diodes's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=67.00/23.08
=2.90

* 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 Diodes was 5.59. The lowest was 1.32. And the median was 2.44.


Be Aware

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


Diodes Cyclically Adjusted Book per Share Related Terms

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


Diodes (FRA:DDQ) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Diodes Inc (FRA:DDQ) » Definitions » Cyclically Adjusted Book per Share
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Address
4949 Hedgcoxe Road, Suite 200, Plano, TX, USA, 75024
Diodes Inc is a manufacturer and supplier of high-quality application-specific products within the broad discrete, logic, analog, and mixed-signal semiconductor markets. It serves the customer electronics, computing, communications, industrial, and automotive markets. The Company's products include diodes; rectifiers; transistors; MOSFETs; GPP bridges; GPP rectifiers; protection devices; function-specific arrays; single gate logic; amplifiers and comparators; Hall-effect and temperature sensors; and power management devices, including LED drivers, AC-DC converters and controllers, DC-DC switching and linear voltage regulators, voltage references along with special-function devices, such as USB power switches, load switches, voltage supervisors, and motor controllers.

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