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Ikanos Communications (FRA:I9J1) Cyclically Adjusted PB Ratio : (As of Jun. 04, 2024)


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What is Ikanos Communications Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ikanos Communications Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ikanos Communications'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.

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Ikanos Communications Cyclically Adjusted PB Ratio Chart

Ikanos Communications Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted PB Ratio
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Ikanos Communications Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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Competitive Comparison of Ikanos Communications's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Ikanos Communications'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.


Ikanos Communications's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Ikanos Communications 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.

Ikanos Communications's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2015 is calculated as:

For example, Ikanos Communications's adjusted Book Value per Share data for the three months ended in Jun. 2015 was:

Adj_Book=Book Value per Share/CPI of Jun. 2015 (Change)*Current CPI (Jun. 2015)
=0.582/100.6839*100.6839
=0.582

Current CPI (Jun. 2015) = 100.6839.

Ikanos Communications Quarterly Data

Book Value per Share CPI Adj_Book
200509 33.527 83.876 40.246
200512 36.952 83.032 44.808
200603 46.985 84.298 56.118
200606 44.615 85.606 52.473
200609 43.729 85.606 51.431
200612 39.036 85.142 46.162
200703 36.628 86.640 42.565
200706 34.929 87.906 40.006
200709 30.748 87.964 35.194
200712 29.182 88.616 33.156
200803 26.556 90.090 29.679
200806 26.170 92.320 28.541
200809 22.426 92.307 24.461
200812 22.724 88.697 25.795
200903 22.193 89.744 24.898
200906 19.250 91.003 21.298
200909 13.324 91.120 14.723
200912 12.337 91.111 13.633
201003 12.799 91.821 14.034
201006 12.692 91.962 13.896
201009 7.215 92.162 7.882
201012 7.273 92.474 7.919
201103 6.595 94.283 7.043
201106 6.104 95.235 6.453
201109 6.261 95.727 6.585
201112 6.557 95.213 6.934
201203 6.304 96.783 6.558
201206 6.347 96.819 6.600
201209 5.535 97.633 5.708
201212 5.053 96.871 5.252
201303 4.717 98.209 4.836
201306 3.846 98.518 3.931
201309 2.988 98.790 3.045
201312 3.356 98.326 3.436
201403 2.650 99.695 2.676
201406 1.857 100.560 1.859
201409 0.871 100.428 0.873
201412 1.281 99.070 1.302
201503 1.229 99.621 1.242
201506 0.582 100.684 0.582

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.


Ikanos Communications  (FRA:I9J1) 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.


Ikanos Communications Cyclically Adjusted PB Ratio Related Terms

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Ikanos Communications (FRA:I9J1) Business Description

Traded in Other Exchanges
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Address
Ikanos Communications Inc was incorporated in the State of California in April 1999 and reincorporated in the State of Delaware in September 2005. The Company is a provider of advanced broadband semiconductor products and software for delivering high speed broadband solutions to the digital home. The Company's broadband multi-mode and digital subscriber line processors and other semiconductor offerings power carrier infrastructure and customer premise equipment for network equipment manufacturers who, in turn, serve telecommunications service providers. The Company has developed programmable, scalable chip architectures, which form the foundation for deploying and delivering multi-play services. This communications processor architecture with wire-speed packet processing capabilities enables high-performance end user devices capable of distributing advanced services in the home. These products support telecommunications services providers' multi-play deployment plans to the digital home while keeping their capital and operating expenditures low and have been deployed by service providers in Asia, Europe, and North and South America. The Company outsources all of its semiconductor fabrication, assembly, and test functions, which allows focusing on the design, development, sales, and marketing of its products and reduces the level of its capital investment. It offers multiple product lines that are designed to address different segments of the communications processor and the high-speed broadband DSL markets. The Company currently competes or expects to compete with, among others, Alcatel-Lucent, Broadcom Corporation, Cavium, Inc., Cortina Systems, Inc., Lantiq Deutschland GmbH, Marvell Technology Group Ltd., M/A-COM Technology Solutions Holdings, Inc., PMC-Sierra, Inc., Metanoia Communication, QUALCOMM Incorporated, Realtek Semiconductor Corp., and MediaTek Inc. As of December 29, 2013, the Company had over 285 patents issued in the United States and more than 35 companion patents issued in foreign jurisdictions.

Ikanos Communications (FRA:I9J1) Headlines

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