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Sanmina (STU:SAYN) Cyclically Adjusted Book per Share : €27.14 (As of Mar. 2024)


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What is Sanmina 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.

Sanmina's adjusted book value per share for the three months ended in Mar. 2024 was €36.026. 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 €27.14 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sanmina's average Cyclically Adjusted Book Growth Rate was 11.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.60% 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 Sanmina was 36.60% per year. The lowest was -18.50% per year. And the median was 6.00% per year.

As of today (2024-05-23), Sanmina's current stock price is €61.16. Sanmina's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €27.14. Sanmina's Cyclically Adjusted PB Ratio of today is 2.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sanmina was 3.00. The lowest was 0.62. And the median was 1.83.


Sanmina Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sanmina'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.

Sanmina Cyclically Adjusted Book per Share Chart

Sanmina Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.51 16.16 18.52 25.55 26.94

Sanmina 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 24.31 24.96 26.94 26.24 27.14

Competitive Comparison of Sanmina's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Sanmina'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.


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

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

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



Sanmina 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, Sanmina'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)
=36.026/131.7762*131.7762
=36.026

Current CPI (Mar. 2024) = 131.7762.

Sanmina Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.083 100.560 13.213
201409 11.776 100.428 15.452
201412 12.473 99.070 16.591
201503 14.279 99.621 18.888
201506 13.946 100.684 18.253
201509 17.356 100.392 22.782
201512 18.282 99.792 24.141
201603 18.234 100.470 23.916
201606 18.432 101.688 23.886
201609 19.640 101.861 25.408
201612 21.225 101.863 27.458
201703 21.250 102.862 27.223
201706 20.541 103.349 26.191
201709 19.290 104.136 24.410
201712 17.812 104.011 22.567
201803 17.295 105.290 21.646
201806 18.600 106.317 23.054
201809 18.623 106.507 23.041
201812 19.708 105.998 24.501
201903 20.277 107.251 24.914
201906 20.701 108.070 25.242
201909 21.392 108.329 26.022
201912 21.452 108.420 26.073
202003 21.467 108.902 25.976
202006 21.675 108.767 26.260
202009 21.290 109.815 25.548
202012 21.257 109.897 25.489
202103 22.392 111.754 26.404
202106 23.453 114.631 26.961
202109 24.488 115.734 27.882
202112 26.293 117.630 29.455
202203 27.456 121.301 29.827
202206 29.530 125.017 31.127
202209 32.020 125.227 33.695
202212 35.626 125.222 37.491
202303 35.620 127.348 36.859
202306 36.548 128.729 37.413
202309 35.759 129.860 36.287
202312 35.396 129.419 36.041
202403 36.026 131.776 36.026

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


Sanmina  (STU:SAYN) 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.

Sanmina's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=61.16/27.14
=2.25

* 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 Sanmina was 3.00. The lowest was 0.62. And the median was 1.83.


Be Aware

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


Sanmina Cyclically Adjusted Book per Share Related Terms

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


Sanmina (STU:SAYN) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sanmina Corp (STU:SAYN) » Definitions » Cyclically Adjusted Book per Share
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Address
2700 North First Street, San Jose, CA, USA, 95134
Sanmina Corp is a provider of integrated manufacturing solutions, components, and after-market services to original equipment manufacturers in the communications networks, storage, industrial, defense and aerospace end markets. The company operates in two business segments: Integrated Manufacturing Solutions, which consists of printed circuit board assembly and represents a majority of the firm's revenue; and Components, Products, and Services, which includes interconnect systems and mechanical systems. The firm generates revenue primarily in the United States, China, and Mexico, but has a presence around the world.

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