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Linear Technology (Linear Technology) Cyclically Adjusted PB Ratio : (As of May. 06, 2024)


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What is Linear Technology Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Linear Technology Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Linear Technology'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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Linear Technology Cyclically Adjusted PB Ratio Chart

Linear Technology Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Cyclically Adjusted PB Ratio
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Linear Technology Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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Competitive Comparison of Linear Technology's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Linear 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.


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

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

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



Linear Technology 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.

Linear Technology's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2016 is calculated as:

For example, Linear Technology's adjusted Book Value per Share data for the three months ended in Dec. 2016 was:

Adj_Book=Book Value per Share/CPI of Dec. 2016 (Change)*Current CPI (Dec. 2016)
=7.81/101.8627*101.8627
=7.810

Current CPI (Dec. 2016) = 101.8627.

Linear Technology Quarterly Data

Book Value per Share CPI Adj_Book
200703 7.267 86.640 8.544
200706 -3.083 87.906 -3.572
200709 -2.846 87.964 -3.296
200712 -2.520 88.616 -2.897
200803 -2.205 90.090 -2.493
200806 -1.959 92.320 -2.161
200809 -1.707 92.307 -1.884
200812 -1.396 88.697 -1.603
200903 -1.300 89.744 -1.476
200906 -0.838 91.003 -0.938
200909 -0.736 91.120 -0.823
200912 -0.512 91.111 -0.572
201003 -0.227 91.821 -0.252
201006 0.177 91.962 0.196
201009 0.659 92.162 0.728
201012 1.232 92.474 1.357
201103 1.736 94.283 1.876
201106 2.221 95.235 2.376
201109 2.391 95.727 2.544
201112 2.650 95.213 2.835
201203 2.964 96.783 3.120
201206 3.202 96.819 3.369
201209 3.482 97.633 3.633
201212 3.424 96.871 3.600
201303 4.075 98.209 4.227
201306 4.214 98.518 4.357
201309 4.500 98.790 4.640
201312 4.840 98.326 5.014
201403 5.179 99.695 5.292
201406 5.568 100.560 5.640
201409 5.789 100.428 5.872
201412 6.020 99.070 6.190
201503 6.312 99.621 6.454
201506 6.582 100.684 6.659
201509 6.631 100.392 6.728
201512 6.868 99.792 7.010
201603 7.038 100.470 7.136
201606 7.340 101.688 7.353
201609 7.536 101.861 7.536
201612 7.810 101.863 7.810

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.


Linear Technology  (NAS:LLTC) 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.


Linear Technology Cyclically Adjusted PB Ratio Related Terms

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


Linear Technology (Linear Technology) Business Description

Traded in Other Exchanges
N/A
Address
Linear Technology designs and manufactures standard high-performance analog integrated circuits for a diverse customer base spanning industrial, automotive, communications, and high-end consumer electronics. The firm offers thousands of analog products to tens of thousands of original equipment manufacturers globally. Most of its products support functions such as power management, data interface, and conversion. International markets account for the lion's share of Linear's revenue.
Executives
Steve Pietkiewicz officer: VP & GM Power Business Unit 1630 MCCARTHY BLVD., MILPITAS CA 95035
Swanson Robert H Jr director, officer: Executive Chair 1630 MCCARTHY BLVD, MILPITAS CA 95035
Lothar Maier director, officer: CEO 1630 MCCARTHY BLVD, MILPITAS CA 95035