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Wolfspeed (Wolfspeed) Cyclically Adjusted Book per Share : $24.11 (As of Dec. 2023)


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What is Wolfspeed 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.

Wolfspeed's adjusted book value per share for the three months ended in Dec. 2023 was $9.144. 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 $24.11 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Wolfspeed's average Cyclically Adjusted Book Growth Rate was -4.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.60% 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 Wolfspeed was 23.50% per year. The lowest was 1.70% per year. And the median was 10.95% per year.

As of today (2024-04-27), Wolfspeed's current stock price is $26.25. Wolfspeed's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $24.11. Wolfspeed's Cyclically Adjusted PB Ratio of today is 1.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Wolfspeed was 5.69. The lowest was 0.92. And the median was 2.05.


Wolfspeed Cyclically Adjusted Book per Share Historical Data

The historical data trend for Wolfspeed'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.

Wolfspeed Cyclically Adjusted Book per Share Chart

Wolfspeed Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.91 23.82 24.49 25.85 25.09

Wolfspeed 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 25.23 25.26 25.09 24.77 24.11

Competitive Comparison of Wolfspeed's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, Wolfspeed'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.


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

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

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



Wolfspeed 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, Wolfspeed'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)
=9.144/129.4194*129.4194
=9.144

Current CPI (Dec. 2023) = 129.4194.

Wolfspeed Quarterly Data

Book Value per Share CPI Adj_Book
201403 24.862 99.695 32.275
201406 24.894 100.560 32.038
201409 24.869 100.428 32.048
201412 24.542 99.070 32.060
201503 24.479 99.621 31.801
201506 23.334 100.684 29.994
201509 23.183 100.392 29.886
201512 23.388 99.792 30.332
201603 23.435 100.470 30.187
201606 23.484 101.688 29.888
201609 23.230 101.861 29.515
201612 23.614 101.863 30.002
201703 22.720 102.862 28.586
201706 22.757 103.349 28.498
201709 22.553 104.136 28.029
201712 22.807 104.011 28.378
201803 20.519 105.290 25.221
201806 20.368 106.317 24.794
201809 21.399 106.507 26.003
201812 21.525 105.998 26.281
201903 19.719 107.251 23.795
201906 19.107 108.070 22.882
201909 18.762 108.329 22.415
201912 18.432 108.420 22.002
202003 17.933 108.902 21.312
202006 19.071 108.767 22.692
202009 17.305 109.815 20.394
202012 16.804 109.897 19.789
202103 19.467 111.754 22.544
202106 18.294 114.631 20.654
202109 17.553 115.734 19.629
202112 19.251 117.630 21.181
202203 19.340 121.301 20.634
202206 19.704 125.017 20.398
202209 16.984 125.227 17.553
202212 14.309 125.222 14.789
202303 13.716 127.348 13.939
202306 12.997 128.729 13.067
202309 9.940 129.860 9.906
202312 9.144 129.419 9.144

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


Wolfspeed  (NYSE:WOLF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=26.25/24.11
=1.09

* 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 Wolfspeed was 5.69. The lowest was 0.92. And the median was 2.05.


Be Aware

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


Wolfspeed Cyclically Adjusted Book per Share Related Terms

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


Wolfspeed (Wolfspeed) Business Description

Industry
Traded in Other Exchanges
Address
4600 Silicon Drive, Durham, NC, USA, 27703
Wolfspeed Inc is involved in the manufacturing of wide bandgap semiconductors. It is focused on silicon carbide and gallium nitride materials and devices for power and radio-frequency (RF) applications. The company serves applications such as transportation, power supplies, inverters, and wireless systems. Geographically, it derives a majority of revenue from Europe and also has a presence in the United States; China; Japan; South Korea, and other countries.
Executives
Neill Reynolds officer: Executive Vice President & CFO 4600 SILICON DR, DURHAM NC 27703
Le Duy Loan T director C/O NATIONAL INSTRUMENTS, 11500 MOPAC BLDG B, AUSTIN TX 78759
Gregg A Lowe director, officer: PRESIDENT, CEO AND DIRECTOR 400 W CESAR CHAVEZ STREET, AUSTIN TX 78701
John B Replogle director C/O SEALY CORPORATION, ONE OFFICE PARKWAY, TRINITY NC 27370
Stacy J Smith director 2200 MISSION COLLEGE BLVD., RNB-4-151, SANTA CLARA CA 95054
Glenda Dorchak director C/O MELLANOX TECHNOLOGIES, INC., 350 OAKMEAD PARKWAY, SUITE 100, SUNNYVALE CA 94085
Clyde Hosein director C/O INTEGRATED DEVICE TECHNOLOGY, INC., 6024 SILVER CREEK VALLEY ROAD, SAN JOSE CA 95138
Marvin Riley director 5605 CARNEGIE BLVD., STE. 500, CHARLOTTE NC 28209
Thomas H Werner director 3939 NORTH FIRST STREET, SAN JOSE CA 95134
Anne Clem Whitaker director 109 BRIERY BRANCH COURT, MORRISVILLE NC 27560
John C Hodge director C/O SILICON IMAGE, INC., 1060 E. ARQUES AVE., SUNNYVALE CA 94085
David Todd Emerson officer: EVP, GM LED 4600 SILICON DRIVE, DURHAM NC 27703
Michael E Mcdevitt officer: INTER. CHIEF FINANCIAL OFFICER 713 WALCOTT WAY, CARY NC 27519
Daniel J Castillo officer: EVP Cree & President-Lighting 2645 SILVER CRESCENT DRIVE, CHARLOTTE NC 28273
Darren R Jackson director C/O BEST BUY INC, 7075 FLYING CLOUD DR, EDEN PRAIRIE MN 55344