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Alpha & Omega Semiconductor (Alpha & Omega Semiconductor) Cyclically Adjusted PB Ratio : 1.21 (As of Apr. 29, 2024)


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What is Alpha & Omega Semiconductor Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Alpha & Omega Semiconductor's current share price is $22.19. Alpha & Omega Semiconductor's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $18.36. Alpha & Omega Semiconductor's Cyclically Adjusted PB Ratio for today is 1.21.

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

AOSL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 1.47   Max: 4.84
Current: 1.21

During the past years, Alpha & Omega Semiconductor's highest Cyclically Adjusted PB Ratio was 4.84. The lowest was 0.50. And the median was 1.47.

AOSL's Cyclically Adjusted PB Ratio is ranked better than
76.3% of 671 companies
in the Semiconductors industry
Industry Median: 2.43 vs AOSL: 1.21

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.

Alpha & Omega Semiconductor's adjusted book value per share data for the three months ended in Dec. 2023 was $31.890. 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 $18.36 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alpha & Omega Semiconductor Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Alpha & Omega 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.

Alpha & Omega Semiconductor Cyclically Adjusted PB Ratio Chart

Alpha & Omega Semiconductor Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.92 2.40 2.20 1.89

Alpha & Omega Semiconductor Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.78 1.61 1.89 1.66 1.42

Competitive Comparison of Alpha & Omega Semiconductor's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Alpha & Omega 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.


Alpha & Omega Semiconductor's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Alpha & Omega 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.

Alpha & Omega Semiconductor's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=22.19/18.36
=1.21

* 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.

Alpha & Omega Semiconductor's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Alpha & Omega Semiconductor'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)
=31.89/129.4194*129.4194
=31.890

Current CPI (Dec. 2023) = 129.4194.

Alpha & Omega Semiconductor Quarterly Data

Book Value per Share CPI Adj_Book
201403 10.697 99.695 13.886
201406 10.760 100.560 13.848
201409 10.794 100.428 13.910
201412 10.736 99.070 14.025
201503 10.599 99.621 13.769
201506 10.512 100.684 13.512
201509 10.670 100.392 13.755
201512 10.610 99.792 13.760
201603 10.542 100.470 13.580
201606 10.642 101.688 13.544
201609 10.856 101.861 13.793
201612 10.950 101.863 13.912
201703 11.050 102.862 13.903
201706 11.286 103.349 14.133
201709 11.337 104.136 14.090
201712 11.691 104.011 14.547
201803 11.751 105.290 14.444
201806 11.676 106.317 14.213
201809 11.789 106.507 14.325
201812 11.834 105.998 14.449
201903 11.793 107.251 14.231
201906 11.870 108.070 14.215
201909 11.858 108.329 14.167
201912 11.942 108.420 14.255
202003 11.560 108.902 13.738
202006 11.606 108.767 13.810
202009 12.178 109.815 14.352
202012 12.875 109.897 15.162
202103 13.237 111.754 15.329
202106 14.163 114.631 15.990
202109 15.200 115.734 16.997
202112 29.731 117.630 32.711
202203 30.555 121.301 32.600
202206 31.204 125.017 32.303
202209 32.315 125.227 33.397
202212 32.638 125.222 33.732
202303 31.849 127.348 32.367
202306 31.964 128.729 32.136
202309 31.907 129.860 31.799
202312 31.890 129.419 31.890

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.


Alpha & Omega Semiconductor  (NAS:AOSL) 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.


Alpha & Omega Semiconductor Cyclically Adjusted PB Ratio Related Terms

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


Alpha & Omega Semiconductor (Alpha & Omega Semiconductor) Business Description

Traded in Other Exchanges
Address
475 Oakmead Pkwy, Sunnyvale, CA, USA, 94085
Alpha & Omega Semiconductor Ltd designs, develops and supplies a portfolio of power semiconductors targeting various applications, including personal computers, flat-panel TVs, LED lighting, smartphones, battery packs, consumer and industrial motor controls and power supplies for TVs, computers, servers and telecommunications equipment. It generates revenue mainly from the sale of power semiconductors, consisting of power discretes and power ICs with a presence in Hong Kong, China, South Korea, the United States, and other countries.
Executives
Michael L Pfeiffer director 475 OAKMEAD PARKWAY, SUNNYVALE CA 94085
Bing Xue officer: Senior VP of Global Sales 475 OAKMEAD PARKWAY, SUNNYVALE CA 94085
Mike F Chang director, 10 percent owner, officer: Chief Executive Officer 475 OAKMEAD PARKWAY, SUNNYVALE CA 94085
Yifan Liang officer: Chief Accounting Officer 475 OAKMEAD PARKWAY, SUNNYVALE CA 94085
Michael J Salameh director 870 MAUDE AVENUE, SUNNYVALE CA 94085
Wenjun Li officer: Chief Operating Officer 475 OAKMEAD PKWY, SUNNNYVALE CA 94085
So-yeon Jeong director 6125 SOUTHERNESS DRIVE, EL DORADO HILLS CA 95762
Hanqing Li director 535 MISSION STREET, SUITE 2200, SAN FRANCISCO CA 94105
Yueh-se Ho director, officer: Chief Operating Officer 475 OAKMEAD PARKWAY, SUNNYVALE CA 94085
Lucas S. Chang director 475 OAKMEAD PARKWAY, SUNNYVALE CA 94085
Claudia Chen director 475 OAKMEAD PARKWAY, SUNNYVALE CA 94085
Stephen Chunping Chang officer: Sr Vice President of Marketing 475 OAKMEAD PARKWAY, SUNNYVALE CA 94085
Chang Daniel Kuang Ming officer: Senior VP of Marketing C/O ALPHA & OMEGA SEMICONDUCTOR LIMITED, 475 OAKMEAN PARKWAY, SUNNYVALE CA 94085
Robert I Chen director 1339 MOFFETT PARK DR, SUNNYVALE CA 95112
Tony Grizelj other: VP of World Wide Sales 475 OAKMEAD PARKWAY, SUNNYVALE CA 94085