GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Maxscend Microelectronics Co Ltd (SZSE:300782) » Definitions » Cyclically Adjusted PB Ratio

Maxscend Microelectronics Co (SZSE:300782) Cyclically Adjusted PB Ratio : 14.14 (As of Jun. 08, 2024)


View and export this data going back to 2019. Start your Free Trial

What is Maxscend Microelectronics Co Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Maxscend Microelectronics Co's current share price is ¥85.52. Maxscend Microelectronics Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was ¥6.05. Maxscend Microelectronics Co's Cyclically Adjusted PB Ratio for today is 14.14.

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

SZSE:300782' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 14.35   Med: 17.68   Max: 20.91
Current: 14.35

During the past 10 years, Maxscend Microelectronics Co's highest Cyclically Adjusted PB Ratio was 20.91. The lowest was 14.35. And the median was 17.68.

SZSE:300782's Cyclically Adjusted PB Ratio is ranked worse than
93.61% of 689 companies
in the Semiconductors industry
Industry Median: 2.57 vs SZSE:300782: 14.35

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.

Maxscend Microelectronics Co's adjusted book value per share data of for the fiscal year that ended in Dec23 was ¥18.364. 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 ¥6.05 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maxscend Microelectronics Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Maxscend Microelectronics Co'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.

Maxscend Microelectronics Co Cyclically Adjusted PB Ratio Chart

Maxscend Microelectronics Co 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 - - - - 23.31

Maxscend Microelectronics Co 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 - - - 23.31 -

Competitive Comparison of Maxscend Microelectronics Co's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Maxscend Microelectronics Co'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.


Maxscend Microelectronics Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Maxscend Microelectronics Co 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.

Maxscend Microelectronics Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=85.52/6.05
=14.14

* 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.

Maxscend Microelectronics Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Maxscend Microelectronics Co's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=18.364/114.7809*114.7809
=18.364

Current CPI (Dec23) = 114.7809.

Maxscend Microelectronics Co Annual Data

Book Value per Share CPI Adj_Book
201412 0.002 99.000 0.002
201512 0.068 100.600 0.078
201612 0.385 102.600 0.431
201712 0.799 104.500 0.878
201812 1.222 106.500 1.317
201912 3.285 111.200 3.391
202012 5.131 111.500 5.282
202112 14.320 113.108 14.532
202212 16.266 115.116 16.219
202312 18.364 114.781 18.364

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.


Maxscend Microelectronics Co  (SZSE:300782) 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.


Maxscend Microelectronics Co Cyclically Adjusted PB Ratio Related Terms

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


Maxscend Microelectronics Co (SZSE:300782) Business Description

Traded in Other Exchanges
N/A
Address
No.777 Building West Road, 11th Floor, Building A3, Binhu District, Jiangsu, Wuxi, CHN, 214072
Maxscend Microelectronics Co Ltd is a Chinese based company involved in the integrated circuit business. The business activity of the group includes integrated circuit production; technology development of integrated circuits and providing software technical services.
Executives
Directors, executives
Xu Zhi Han Directors, executives
Yao Li Sheng Director

Maxscend Microelectronics Co (SZSE:300782) Headlines

No Headlines