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MACOM Technology Solutions Holdings (MACOM Technology Solutions Holdings) Cyclically Adjusted PB Ratio : 10.15 (As of May. 16, 2024)


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What is MACOM Technology Solutions Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-16), MACOM Technology Solutions Holdings's current share price is $101.60. MACOM Technology Solutions Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $10.01. MACOM Technology Solutions Holdings's Cyclically Adjusted PB Ratio for today is 10.15.

The historical rank and industry rank for MACOM Technology Solutions Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

MTSI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.11   Med: 8.33   Max: 19.1
Current: 10.33

During the past years, MACOM Technology Solutions Holdings's highest Cyclically Adjusted PB Ratio was 19.10. The lowest was 4.11. And the median was 8.33.

MTSI's Cyclically Adjusted PB Ratio is ranked worse than
90.91% of 682 companies
in the Semiconductors industry
Industry Median: 2.49 vs MTSI: 10.33

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.

MACOM Technology Solutions Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was $14.509. 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 $10.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MACOM Technology Solutions Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MACOM Technology Solutions Holdings'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.

MACOM Technology Solutions Holdings Cyclically Adjusted PB Ratio Chart

MACOM Technology Solutions Holdings 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 - 9.65 8.58 5.98 8.47

MACOM Technology Solutions Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.76 6.98 8.47 9.50 9.56

Competitive Comparison of MACOM Technology Solutions Holdings's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, MACOM Technology Solutions Holdings'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.


MACOM Technology Solutions Holdings's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



MACOM Technology Solutions Holdings 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.

MACOM Technology Solutions Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=101.60/10.01
=10.15

* 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.

MACOM Technology Solutions Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, MACOM Technology Solutions Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=14.509/131.7762*131.7762
=14.509

Current CPI (Mar. 2024) = 131.7762.

MACOM Technology Solutions Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.512 100.560 5.913
201409 4.803 100.428 6.302
201412 4.760 99.070 6.331
201503 6.655 99.621 8.803
201506 6.820 100.684 8.926
201509 8.020 100.392 10.527
201512 7.885 99.792 10.412
201603 7.755 100.470 10.171
201606 8.323 101.688 10.786
201609 8.620 101.861 11.152
201612 8.606 101.863 11.133
201703 12.546 102.862 16.073
201706 12.136 103.349 15.474
201709 12.098 104.136 15.309
201712 11.923 104.011 15.106
201803 11.719 105.290 14.667
201806 10.421 106.317 12.916
201809 10.259 106.507 12.693
201812 10.054 105.998 12.499
201903 9.392 107.251 11.540
201906 4.528 108.070 5.521
201909 4.745 108.329 5.772
201912 4.426 108.420 5.379
202003 4.284 108.902 5.184
202006 4.086 108.767 4.950
202009 4.487 109.815 5.384
202012 4.820 109.897 5.780
202103 6.002 111.754 7.077
202106 6.478 114.631 7.447
202109 6.851 115.734 7.801
202112 7.528 117.630 8.433
202203 7.929 121.301 8.614
202206 8.510 125.017 8.970
202209 12.039 125.227 12.669
202212 12.194 125.222 12.832
202303 12.614 127.348 13.053
202306 12.885 128.729 13.190
202309 13.348 129.860 13.545
202312 14.206 129.419 14.465
202403 14.509 131.776 14.509

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.


MACOM Technology Solutions Holdings  (NAS:MTSI) 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.


MACOM Technology Solutions Holdings Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of MACOM Technology Solutions Holdings's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


MACOM Technology Solutions Holdings (MACOM Technology Solutions Holdings) Business Description

Traded in Other Exchanges
Address
100 Chelmsford Street, Lowell, MA, USA, 01851
MACOM Technology Solutions Holdings Inc is a provider of analog, digital and mixed-signal semiconductor solutions to original equipment manufacturers and distributors. These solutions are found in systems for industrial, medical, scientific, and test and measurement markets. The firm's portfolio of products includes integrated circuits, multichip modules, power pallets and transistors, diodes, amplifiers, switches and switch limiters, passive and active components, and complete subsystems. Roughly a third of the firm's revenue is generated in the United States, with the rest coming from China, Taiwan, and other countries across the world.
Executives
Robert Dennehy officer: SVP, Operations 100 CHELMSFORD STREET, LOWELL MA 01851
Stephen G Daly director 100 CHELMSFORD STREET, LOWELL MA 01851
Douglas J Carlson officer: SVP & GM, RF & Microwave MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC., 100 CHELMSFORD ST., LOWELL MA 01851
Dong Hyun Hwang officer: SVP, Global Sales 100 CHELMSFORD STREET, LOWELL MA 01851
John Kober officer: Senior VP and CFO MACOM TECHNOLOGY SOLUTIONS HOLDINGS, INC, 100 CHELMSFORD STREET, LOWELL MA 01851
Ambra R. Roth officer: SVP, GC, HR & Secretary C/O MACOM TECHNOLOGY SOLUTIONS HOLDINGS, 100 CHELMSFORD STREET, LOWELL MA 01851
John L Ocampo director, 10 percent owner, officer: Chairman 100 CHELMSFORD STREET, LOWELL MA 01851
Geoffrey G Ribar director
Wayne Mack Struble officer: SVP, Advanced Semiconductor C/O MACOM TECHNOLOGY SOLUTIONS HOLDINGS, 100 CHELMSFORD STREET, LOWELL MA 01851
Jihye Whang Rosenband director C/O MACOM TECHNOLOGY SOLUTIONS HOLDINGS, 100 CHELMSFORD STREET, LOWELL MA 01851
Peter Y Chung director, other: Indirect GP of 10% Owner C/O SUMMIT PARTNERS, 222 BERKELEY STREET, 18TH FLR, BOSTON MA 02116
Charles R Bland director
John Ritchie director 303 VELOCITY WAY, FOSTER CITY X1 94404
Hegarty Conor Noel officer: PFO and PAO C/O MACOM TECHNOLOGY SOLUTIONS HOLDINGS, 100 CHELMSFORD STREET, LOWELL MA 01851
Vivek Rajgarhia officer: SVP & GM, Lightwave MACOM TECHNOLOGY SOLUTIONS HOLDINGS, INC, 100 CHELMSFORD ST., LOWELL MA 01851