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Semtech (Semtech) Cyclically Adjusted Book per Share : $11.13 (As of Jan. 2024)


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What is Semtech 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.

Semtech's adjusted book value per share for the three months ended in Jan. 2024 was $-4.773. 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 $11.13 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Semtech's average Cyclically Adjusted Book Growth Rate was -5.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.10% 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 Semtech was 37.30% per year. The lowest was 2.40% per year. And the median was 9.05% per year.

As of today (2024-04-27), Semtech's current stock price is $35.77. Semtech's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $11.13. Semtech's Cyclically Adjusted PB Ratio of today is 3.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Semtech was 8.40. The lowest was 1.24. And the median was 3.91.


Semtech Cyclically Adjusted Book per Share Historical Data

The historical data trend for Semtech'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.

Semtech Cyclically Adjusted Book per Share Chart

Semtech Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.08 10.36 11.11 11.73 11.13

Semtech Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 11.73 11.84 11.71 11.55 11.13

Competitive Comparison of Semtech's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, Semtech'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.


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

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

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



Semtech 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, Semtech's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-4.773/129.4194*129.4194
=-4.773

Current CPI (Jan. 2024) = 129.4194.

Semtech Quarterly Data

Book Value per Share CPI Adj_Book
201404 8.011 100.023 10.365
201407 8.288 100.520 10.671
201410 8.389 100.176 10.838
201501 8.252 98.604 10.831
201504 8.069 99.824 10.461
201507 7.851 100.691 10.091
201510 8.000 100.346 10.318
201601 8.124 99.957 10.519
201604 8.277 100.947 10.612
201607 8.449 101.524 10.771
201610 8.932 101.988 11.334
201701 9.199 102.456 11.620
201704 9.395 103.167 11.786
201707 9.720 103.278 12.180
201710 10.023 104.070 12.464
201801 10.033 104.578 12.416
201804 10.483 105.708 12.834
201807 10.667 106.324 12.984
201810 10.534 106.695 12.778
201901 10.463 106.200 12.751
201904 10.432 107.818 12.522
201907 10.398 108.250 12.431
201910 10.403 108.577 12.400
202001 10.295 108.841 12.241
202004 10.156 108.173 12.151
202007 10.420 109.318 12.336
202010 10.411 109.861 12.265
202101 10.734 110.364 12.587
202104 10.852 112.673 12.465
202107 11.001 115.183 12.361
202110 11.152 116.696 12.368
202201 11.507 118.619 12.555
202204 11.581 121.978 12.287
202207 12.577 125.002 13.021
202210 12.413 125.734 12.777
202301 11.834 126.223 12.134
202304 11.461 127.992 11.589
202307 5.729 128.974 5.749
202310 5.200 129.810 5.184
202401 -4.773 129.419 -4.773

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


Semtech  (NAS:SMTC) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=35.77/11.13
=3.21

* 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 Semtech was 8.40. The lowest was 1.24. And the median was 3.91.


Be Aware

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


Semtech Cyclically Adjusted Book per Share Related Terms

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


Semtech (Semtech) Business Description

Industry
Traded in Other Exchanges
Address
200 Flynn Road, Camarillo, CA, USA, 93012-8790
Semtech Corp is engaged in designing, developing, manufacturing and marketing analog and mixed-signal semiconductors, algorithms and wireless semiconductors, connectivity modules, gateways, routers and connected services for IoT. The company operates in four reportable segments' 1) Signal Integrity, 2) Advanced Protection and Sensing, 3) IoT System and 4) IoT Connected Services. The majority of the company's revenue is earned through Advanced Protection and Sensing Products segment. Geographically majority of the company's revenue is earned from Asia Pacific region.
Executives
Sylvia Summers director 200 FLYNN ROAD, CAMARILLO CA 93012
Mark Lin officer: EVP and CFO 200 FLYNN ROAD, CAMARILLO CA 93012
Michael W Rodensky officer: VP 200 FLYNN ROAD, CAMARILLO CA 93012
Walsh Paul V Jr director 200 FLYNN ROAD, CAMARILLO CA 93012
Hong Q Hou director, Board of Directors
Paul H Pickle director, officer: President and CEO 200 FLYNN ROAD, CAMARILLO CA 93012
Gregory Michael Fischer director 200 FLYNN ROAD, CAMARILLO CA 93012
William Ross Gray officer: VP 200 FLYNN ROAD, CAMARILLO CA 93012
Thomas John Mueller officer: EVP 200 FLYNN ROAD, CAMARILLO CA 93012
Asaf Silberstein officer: Vice President 200 FLYNN ROAD, CAMARILLO CA 93012-8079
Julie Anne Mcgee officer: SVP and CMO 200 FLYNN ROAD, CAMARILLO CA 93012
John Michael Wilson officer: Vice President SEMTECH CORPORATION, 200 FLYNN ROAD, CAMARILLO CA 93012-8790
Christopher H Chang officer: SVP 200 FLYNN ROAD, CAMARILLO CA 93012-8790
Mohan Maheswaran director, officer: President and CEO 200 FLYNN ROAD, CAMARILLO CA 93012
Emeka Chukwu officer: VP - Chief Financial Officer 200 FLYNN ROAD, CAMARILLO CA 93012-8790