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Silicon Motion Technology (Silicon Motion Technology) Cyclically Adjusted Book per Share : $16.83 (As of Mar. 2024)


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What is Silicon Motion Technology 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.

Silicon Motion Technology's adjusted book value per share for the three months ended in Mar. 2024 was $22.370. 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 $16.83 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Silicon Motion Technology's average Cyclically Adjusted Book Growth Rate was 10.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.00% 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 Silicon Motion Technology was 10.90% per year. The lowest was 8.20% per year. And the median was 9.30% per year.

As of today (2024-06-06), Silicon Motion Technology's current stock price is $79.95. Silicon Motion Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $16.83. Silicon Motion Technology's Cyclically Adjusted PB Ratio of today is 4.75.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Silicon Motion Technology was 7.18. The lowest was 2.36. And the median was 4.37.


Silicon Motion Technology Cyclically Adjusted Book per Share Historical Data

The historical data trend for Silicon Motion Technology'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.

Silicon Motion Technology Cyclically Adjusted Book per Share Chart

Silicon Motion Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.20 12.07 13.47 14.82 16.45

Silicon Motion Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 15.25 15.61 15.99 16.45 16.83

Competitive Comparison of Silicon Motion Technology's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, Silicon Motion Technology'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.


Silicon Motion Technology's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Silicon Motion Technology 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, Silicon Motion Technology'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)
=22.37/117.7354*117.7354
=22.370

Current CPI (Mar. 2024) = 117.7354.

Silicon Motion Technology Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.331 96.409 10.174
201409 8.688 97.948 10.443
201412 8.969 99.707 10.591
201503 9.184 99.927 10.821
201506 9.568 99.267 11.348
201509 9.945 99.927 11.717
201512 9.877 102.015 11.399
201603 10.785 102.785 12.354
201606 11.307 101.686 13.092
201609 11.613 102.565 13.331
201612 12.533 103.225 14.295
201703 13.177 103.335 15.013
201706 13.875 103.664 15.758
201709 14.452 103.994 16.362
201712 13.804 104.984 15.481
201803 14.439 105.973 16.042
201806 15.245 106.193 16.902
201809 16.120 106.852 17.762
201812 14.716 107.622 16.099
201903 14.918 108.172 16.237
201906 15.617 109.601 16.776
201909 15.886 110.260 16.963
201912 15.435 110.700 16.416
202003 16.065 110.920 17.052
202006 16.875 110.590 17.965
202009 17.246 107.512 18.886
202012 16.147 109.711 17.328
202103 17.030 111.579 17.970
202106 18.515 111.360 19.575
202109 20.240 109.051 21.852
202112 18.821 112.349 19.723
202203 17.967 113.558 18.628
202206 19.515 113.448 20.252
202209 21.012 113.778 21.743
202212 22.164 114.548 22.781
202303 22.398 115.427 22.846
202306 22.733 115.647 23.144
202309 23.162 116.087 23.491
202312 21.984 117.296 22.066
202403 22.370 117.735 22.370

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


Silicon Motion Technology  (NAS:SIMO) 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.

Silicon Motion Technology's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=79.95/16.83
=4.75

* 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 Silicon Motion Technology was 7.18. The lowest was 2.36. And the median was 4.37.


Be Aware

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


Silicon Motion Technology Cyclically Adjusted Book per Share Related Terms

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


Silicon Motion Technology (Silicon Motion Technology) Business Description

Traded in Other Exchanges
Address
Nos 19-25 Jervois Street, Flat C, 19th Floor, Wing Cheong Commercial Building, Hong Kong Island, Hong Kong, HKG
Silicon Motion Technology Corp is active in the semiconductor industry and focuses on designing, developing, and marketing of controllers for managing NAND flash used in embedded storage applications, such as eMMC embedded memory. Its only operating segment is to develop NAND flash controllers and SSDs solutions. The company derives revenue from product categories such as Mobile Storage, Mobile Communications, and others. Silicon's geographical segments are Taiwan, the United States, Korea, China, Singapore, Malaysia, and others. The company products are used in Personal Computing, Smartphone/Tablet/CE, Flash Card/USB Flash Drive, Industrial and Embedded, Automotive, and Enterprise and Data centers.

Silicon Motion Technology (Silicon Motion Technology) Headlines

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