GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vicor Corp (NAS:VICR) » Definitions » Cyclically Adjusted PB Ratio

Vicor (VICR) Cyclically Adjusted PB Ratio : 4.97 (As of Apr. 27, 2024)


View and export this data going back to 1983. Start your Free Trial

What is Vicor Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Vicor's current share price is $34.41. Vicor's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $6.93. Vicor's Cyclically Adjusted PB Ratio for today is 4.97.

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

VICR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.04   Med: 6.87   Max: 31.63
Current: 4.97

During the past years, Vicor's highest Cyclically Adjusted PB Ratio was 31.63. The lowest was 1.04. And the median was 6.87.

VICR's Cyclically Adjusted PB Ratio is ranked worse than
88% of 1833 companies
in the Hardware industry
Industry Median: 1.57 vs VICR: 4.97

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.

Vicor's adjusted book value per share data for the three months ended in Dec. 2023 was $12.165. 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 $6.93 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vicor Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vicor'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.

Vicor Cyclically Adjusted PB Ratio Chart

Vicor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.05 20.28 24.11 8.85 6.49

Vicor 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 7.43 8.26 8.71 6.49 -

Competitive Comparison of Vicor's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Vicor'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.


Vicor's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Vicor 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.

Vicor's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=34.41/6.93
=4.97

* 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.

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

For example, Vicor'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)
=12.165/129.4194*129.4194
=12.165

Current CPI (Dec. 2023) = 129.4194.

Vicor Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.481 99.695 4.519
201406 3.371 100.560 4.338
201409 3.282 100.428 4.229
201412 3.304 99.070 4.316
201503 3.408 99.621 4.427
201506 3.446 100.684 4.429
201509 3.522 100.392 4.540
201512 3.481 99.792 4.514
201603 3.354 100.470 4.320
201606 3.356 101.688 4.271
201609 3.410 101.861 4.333
201612 3.353 101.863 4.260
201703 3.350 102.862 4.215
201706 3.359 103.349 4.206
201709 3.389 104.136 4.212
201712 3.454 104.011 4.298
201803 3.695 105.290 4.542
201806 3.972 106.317 4.835
201809 4.370 106.507 5.310
201812 4.570 105.998 5.580
201903 4.725 107.251 5.702
201906 4.813 108.070 5.764
201909 5.006 108.329 5.981
201912 5.072 108.420 6.054
202003 5.083 108.902 6.041
202006 7.582 108.767 9.022
202009 7.794 109.815 9.185
202012 8.097 109.897 9.535
202103 8.506 111.754 9.851
202106 9.009 114.631 10.171
202109 9.400 115.734 10.512
202112 9.646 117.630 10.613
202203 9.824 121.301 10.481
202206 10.115 125.017 10.471
202209 10.276 125.227 10.620
202212 10.527 125.222 10.880
202303 10.866 127.348 11.043
202306 11.317 128.729 11.378
202309 11.891 129.860 11.851
202312 12.165 129.419 12.165

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.


Vicor  (NAS:VICR) 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.


Vicor Cyclically Adjusted PB Ratio Related Terms

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


Vicor (VICR) Business Description

Industry
Traded in Other Exchanges
Address
25 Frontage Road, Andover, MA, USA, 01810
Vicor Corp manufactures and markets modular power components and complete power systems. It provides modular power converters and configurable products, advanced power component products and integrated circuits, and related products. Its products include Converters, Power Systems, Filters, Custom Power Systems, Input Modules, and others. Geographically, it derives a majority of its revenue from the Asia Pacific.
Executives
Quentin A. Fendelet officer: Corp. VP-CAO 25 FRONTAGE RD., ANDOVER MA 01810
Alvaro Doyle officer: VP and CIO 25 FRONTAGE RD., ANDOVER MA 01810
Claudio Tuozzolo director, officer: Corp. Vice President 25 FRONTAGE ROAD, ANDOVER MA 01810
Kemble D Morrison other: VICE PRESIDENT CORP CONTROLLER 25 FRONTAGE ROAD, ANDOVER MA 01810
Nancy L Grava officer: VP-Human Resources 25 FRONTAGE RD., ANDOVER MA 01810
Andrew D'amico director 25 FRONTAGE RD., ANDOVER MA 01810
Sean Crilly officer: Corp. VP-Engineering, Pwr.Sys. 25 FRONTAGE RD., ANDOVER MA 01810
Estia J Eichten director 25 FRONTAGE ROAD, ANDOVER MA 01810
Zmira Lavie director 25 FRONTAGE RD., ANDOVER MA 01810
Zheng John Shen director 25 FRONTAGE RD, ANDOVER MA 01810
Nagel Richard J Jr officer: VP-Chief Accounting Officer 25 FRONTAGE ROAD, ANDOVER MA 01810
Patrizio Vinciarelli director, 10 percent owner, officer: Chairman and CEO C/O VICOR CORPORATION, 25 FRONTAGE ROAD, ANDOVER MA 01810
Alex Gusinov officer: Corp. VP Engineering 25 FRONTAGE RD., ANDOVER MA 01810
Michael Mcnamara officer: VP Quality & Tech Ops. 25 FRONTAGE RD, ANDOVER MA 01810
Philip D Davies officer: VP - Global Sales & Marketing 25 FRONTAGE RD., ANDOVER MA 01810