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Kulicke & Soffa Industries (Kulicke & Soffa Industries) Cyclically Adjusted PB Ratio : 2.89 (As of Apr. 27, 2024)


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What is Kulicke & Soffa Industries Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Kulicke & Soffa Industries's current share price is $47.02. Kulicke & Soffa Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $16.26. Kulicke & Soffa Industries's Cyclically Adjusted PB Ratio for today is 2.89.

The historical rank and industry rank for Kulicke & Soffa Industries's Cyclically Adjusted PB Ratio or its related term are showing as below:

KLIC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.69   Med: 2.99   Max: 6.05
Current: 2.89

During the past years, Kulicke & Soffa Industries's highest Cyclically Adjusted PB Ratio was 6.05. The lowest was 1.69. And the median was 2.99.

KLIC's Cyclically Adjusted PB Ratio is ranked worse than
57.34% of 668 companies
in the Semiconductors industry
Industry Median: 2.38 vs KLIC: 2.89

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.

Kulicke & Soffa Industries's adjusted book value per share data for the three months ended in Dec. 2023 was $20.555. 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 $16.26 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kulicke & Soffa Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kulicke & Soffa Industries'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.

Kulicke & Soffa Industries Cyclically Adjusted PB Ratio Chart

Kulicke & Soffa Industries Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.31 2.02 4.65 2.63 3.02

Kulicke & Soffa Industries 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 2.97 3.43 3.77 3.02 3.37

Competitive Comparison of Kulicke & Soffa Industries's Cyclically Adjusted PB Ratio

For the Semiconductor Equipment & Materials subindustry, Kulicke & Soffa Industries'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.


Kulicke & Soffa Industries's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

* The bar in red indicates where Kulicke & Soffa Industries's Cyclically Adjusted PB Ratio falls into.



Kulicke & Soffa Industries 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.

Kulicke & Soffa Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=47.02/16.26
=2.89

* 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.

Kulicke & Soffa Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Kulicke & Soffa Industries'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)
=20.555/129.4194*129.4194
=20.555

Current CPI (Dec. 2023) = 129.4194.

Kulicke & Soffa Industries Quarterly Data

Book Value per Share CPI Adj_Book
201403 9.554 99.695 12.403
201406 9.910 100.560 12.754
201409 10.300 100.428 13.273
201412 10.297 99.070 13.451
201503 10.418 99.621 13.534
201506 10.648 100.684 13.687
201509 10.798 100.392 13.920
201512 10.709 99.792 13.888
201603 10.841 100.470 13.965
201606 11.303 101.688 14.385
201609 11.354 101.861 14.426
201612 11.566 101.863 14.695
201703 12.042 102.862 15.151
201706 12.487 103.349 15.637
201709 13.106 104.136 16.288
201712 12.044 104.011 14.986
201803 12.609 105.290 15.499
201806 12.971 106.317 15.790
201809 13.109 106.507 15.929
201812 12.897 105.998 15.747
201903 12.597 107.251 15.201
201906 12.335 108.070 14.772
201909 12.174 108.329 14.544
201912 12.166 108.420 14.522
202003 12.102 108.902 14.382
202006 12.106 108.767 14.405
202009 12.313 109.815 14.511
202012 13.015 109.897 15.327
202103 13.968 111.754 16.176
202106 15.703 114.631 17.729
202109 17.685 115.734 19.776
202112 19.351 117.630 21.291
202203 19.124 121.301 20.404
202206 20.635 125.017 21.362
202209 20.912 125.227 21.612
202212 20.745 125.222 21.440
202303 20.894 127.348 21.234
202306 20.707 128.729 20.818
202309 20.859 129.860 20.788
202312 20.555 129.419 20.555

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.


Kulicke & Soffa Industries  (NAS:KLIC) 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.


Kulicke & Soffa Industries Cyclically Adjusted PB Ratio Related Terms

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


Kulicke & Soffa Industries (Kulicke & Soffa Industries) Business Description

Traded in Other Exchanges
Address
1005 Virginia Drive, Fort Washington, Philadelphia, PA, USA, 19034
Kulicke & Soffa Industries Inc is a United States-based company that is principally engaged in designing, manufacturing, and selling capital equipment and expendable tools that are used for assembling semiconductor devices. The company has four reportable segments which includes Ball Bonding Equipment, Wedge Bonding Equipment, Advanced Solutions, and Aftermarket Products and Services. Its Ball Bonding Equipment segment which generates the majority of the revenue for the company includes results of the company from the design, development, manufacture and sale of ball bonding equipment and wafer level bonding equipment. The majority of its customers are located in the Asia-pacific region.
Executives
Lester A Wong officer: Senior Vice President 23A, SERANGOON NORTH AVE 5, #01-01, SINGAPORE U0 554369
Nelson Munpun Wong officer: Vice President 23A, SERANGOON NORTH AVE 5, #01-01, SINGAPORE U0 554369
Stephen Ray Drake officer: Vice President 23A SERANGOON NORTH AVENUE 5 #01-01, SINGAPORE U0 554369
Fusen Ernie Chen director 1005 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
Robert Nestor Chylak officer: Vice President 1005 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
Denise Dignam director C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19801
Chan Pin Chong officer: Senior Vice President 23A SERANGOON NORTH AVENUE 5, #01-01, SINGAPORE U0 554369
Chin Hu Lim director 23A, SERANGOON NORTH AVENUE 5, #01-01, SINGAPORE U0 554369
Zamir Shai Soloveizik officer: Vice President 23A SERANGOON NORTH AVENUE 5, #01-01, SINGAPORE U0 554369
Jon A Olson director 2100 LOGIC DRIVE, SAN JOSE CA 95124
Gregory F Milzcik director 1005 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
David Jeffrey Richardson director LSI LOGIC CORP, 1621 BARBER LANE, MILPITAS CA 95035
Kong Peter T M director KULICKE AND SOFFA INDUSTRIES INC., 1005 VIRGINIA DRIVE, FT. WASHINGTON PA 19034
Brian R Bachman director 1005 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
Thiam Hong Lim officer: Vice President 23A SERANGOON NORTH AVENUE 5, #01-01, SINGAPORE U0 554369