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MediaTek (MediaTek) Cyclically Adjusted PB Ratio : 5.10 (As of Jun. 08, 2024)


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What is MediaTek Cyclically Adjusted PB Ratio?

As of today (2024-06-08), MediaTek's current share price is $7.30. MediaTek's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.43. MediaTek's Cyclically Adjusted PB Ratio for today is 5.10.

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

MDTTF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.95   Med: 3.68   Max: 6.98
Current: 5.33

During the past years, MediaTek's highest Cyclically Adjusted PB Ratio was 6.98. The lowest was 1.95. And the median was 3.68.

MDTTF's Cyclically Adjusted PB Ratio is ranked worse than
77.94% of 689 companies
in the Semiconductors industry
Industry Median: 2.57 vs MDTTF: 5.33

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.

MediaTek's adjusted book value per share data for the three months ended in Mar. 2024 was $7.313. 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 $1.43 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MediaTek Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MediaTek'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.

MediaTek Cyclically Adjusted PB Ratio Chart

MediaTek 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 2.88 4.57 6.26 2.91 4.48

MediaTek 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 3.59 3.09 3.24 4.48 5.11

Competitive Comparison of MediaTek's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, MediaTek'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.


MediaTek's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



MediaTek 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.30/1.43
=5.10

* 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.

MediaTek's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, MediaTek'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)
=7.313/131.7762*131.7762
=7.313

Current CPI (Mar. 2024) = 131.7762.

MediaTek Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.571 100.560 5.990
201409 4.901 100.428 6.431
201412 5.042 99.070 6.707
201503 5.149 99.621 6.811
201506 4.648 100.684 6.083
201509 4.623 100.392 6.068
201512 4.689 99.792 6.192
201603 4.768 100.470 6.254
201606 4.411 101.688 5.716
201609 4.610 101.861 5.964
201612 4.859 101.863 6.286
201703 5.226 102.862 6.695
201706 5.193 103.349 6.621
201709 5.407 104.136 6.842
201712 5.512 104.011 6.983
201803 5.933 105.290 7.426
201806 5.468 106.317 6.777
201809 5.559 106.507 6.878
201812 5.599 105.998 6.961
201903 5.842 107.251 7.178
201906 5.807 108.070 7.081
201909 6.332 108.329 7.702
201912 6.534 108.420 7.942
202003 6.848 108.902 8.286
202006 6.860 108.767 8.311
202009 7.330 109.815 8.796
202012 8.332 109.897 9.991
202103 9.204 111.754 10.853
202106 8.786 114.631 10.100
202109 8.972 115.734 10.216
202112 9.785 117.630 10.962
202203 10.046 121.301 10.914
202206 8.282 125.017 8.730
202209 8.546 125.227 8.993
202212 9.021 125.222 9.493
202303 6.922 127.348 7.163
202306 7.411 128.729 7.586
202309 7.691 129.860 7.805
202312 7.401 129.419 7.536
202403 7.313 131.776 7.313

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.


MediaTek  (OTCPK:MDTTF) 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.


MediaTek Cyclically Adjusted PB Ratio Related Terms

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


MediaTek (MediaTek) Business Description

Industry
Traded in Other Exchanges
Address
No. 1, Dusing 1st Road, Hsinchu Science Park, Hsinchu City, TWN, 30078
Founded in 1997, MediaTek is a fabless semiconductor designer focusing on solutions for smartphones, digital televisions, and connectivity products. The business is divided into three segments. The first is "mobile," which accounts for around half of sales, where MediaTek is the second-largest third-party supplier of smartphone SoCs to the likes of Xiaomi and Vivo. The second is "smart edge," which accounts for just over 40% of sales, that covers most devices other than smartphones. The third is "power IC" that includes power management products for mobile devices, data centers, connectivity devices and more. Mediatek is headquartered in Hsinchu, Taiwan and employs almost 22,000 people.