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Marvell Technology (LTS:0ACJ) Cyclically Adjusted Book per Share : $15.00 (As of Apr. 2024)


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What is Marvell Technology 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.

Marvell Technology's adjusted book value per share for the three months ended in Apr. 2024 was $16.729. 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 $15.00 for the trailing ten years ended in Apr. 2024.

During the past 12 months, Marvell Technology's average Cyclically Adjusted Book Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.00% 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 Marvell Technology was 12.10% per year. The lowest was 4.40% per year. And the median was 6.35% per year.

As of today (2024-06-01), Marvell Technology's current stock price is $67.41. Marvell Technology's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was $15.00. Marvell Technology's Cyclically Adjusted PB Ratio of today is 4.49.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Marvell Technology was 7.69. The lowest was 1.01. And the median was 2.45.


Marvell Technology Cyclically Adjusted Book per Share Historical Data

The historical data trend for Marvell Technology'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.

Marvell Technology Cyclically Adjusted Book per Share Chart

Marvell Technology 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 9.92 10.26 - 14.85 14.52

Marvell Technology Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 16.65 14.06 14.25 14.52 15.00

Competitive Comparison of Marvell Technology's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, Marvell 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.


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

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

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



Marvell Technology 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, Marvell Technology's adjusted Book Value per Share data for the three months ended in Apr. 2024 was:

Adj_Book= Book Value per Share /CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=16.729/131.7762*131.7762
=16.729

Current CPI (Apr. 2024) = 131.7762.

Marvell Technology Quarterly Data

Book Value per Share CPI Adj_Book
201407 9.645 100.520 12.644
201410 9.849 100.176 12.956
201501 9.992 98.604 13.354
201504 9.897 99.824 13.065
201507 8.141 100.691 10.654
201510 8.100 100.346 10.637
201601 8.157 99.957 10.754
201604 8.020 100.947 10.469
201607 8.136 101.524 10.560
201610 8.231 101.988 10.635
201701 7.958 102.456 10.235
201704 7.897 103.167 10.087
201707 8.016 103.278 10.228
201710 8.268 104.070 10.469
201801 8.351 104.578 10.523
201804 8.575 105.708 10.690
201807 11.697 106.324 14.497
201810 11.523 106.695 14.232
201901 11.095 106.200 13.767
201904 10.932 107.818 13.361
201907 10.803 108.250 13.151
201910 10.691 108.577 12.975
202001 13.090 108.841 15.848
202004 12.831 108.173 15.631
202007 12.563 109.318 15.144
202010 12.489 109.861 14.980
202101 12.490 110.364 14.913
202104 18.196 112.673 21.281
202107 17.903 115.183 20.482
202110 18.640 116.696 21.049
202201 18.545 118.619 20.602
202204 18.183 121.978 19.644
202207 18.217 125.002 19.204
202210 18.238 125.734 19.114
202301 18.266 126.223 19.070
202304 18.018 127.992 18.551
202307 17.826 128.974 18.213
202310 17.625 129.810 17.892
202401 17.135 130.124 17.353
202404 16.729 131.776 16.729

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


Marvell Technology  (LTS:0ACJ) 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.

Marvell Technology's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=67.41/15
=4.49

* 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 Marvell Technology was 7.69. The lowest was 1.01. And the median was 2.45.


Be Aware

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


Marvell Technology Cyclically Adjusted Book per Share Related Terms

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


Marvell Technology (LTS:0ACJ) Business Description

Industry
Address
1000 N. West Street, Suite 1200, Wilmington, DE, USA, 19801
Marvell Technology is a fabless chip designer focused on wired networking, where it has the second-highest market share. Marvell serves the data center, carrier, enterprise, automotive, and consumer end markets with processors, optical and copper transceivers, switches, and storage controllers.

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