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SFA Semicon Philippines (PHS:SSP) Cyclically Adjusted Book per Share : ₱3.82 (As of Mar. 2024)


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What is SFA Semicon Philippines 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.

SFA Semicon Philippines's adjusted book value per share for the three months ended in Mar. 2024 was ₱3.810. 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 ₱3.82 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-05-24), SFA Semicon Philippines's current stock price is ₱1.68. SFA Semicon Philippines's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₱3.82. SFA Semicon Philippines's Cyclically Adjusted PB Ratio of today is 0.44.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of SFA Semicon Philippines was 0.68. The lowest was 0.44. And the median was 0.56.


SFA Semicon Philippines Cyclically Adjusted Book per Share Historical Data

The historical data trend for SFA Semicon Philippines'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.

SFA Semicon Philippines Cyclically Adjusted Book per Share Chart

SFA Semicon Philippines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 3.76

SFA Semicon Philippines Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - 3.70 3.74 3.76 3.82

Competitive Comparison of SFA Semicon Philippines's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, SFA Semicon Philippines'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.


SFA Semicon Philippines's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



SFA Semicon Philippines 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, SFA Semicon Philippines'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)
=3.81/131.7762*131.7762
=3.810

Current CPI (Mar. 2024) = 131.7762.

SFA Semicon Philippines Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 2.639 99.070 3.510
201503 2.466 99.621 3.262
201506 2.597 100.684 3.399
201509 2.649 100.392 3.477
201512 2.687 99.792 3.548
201603 2.801 100.470 3.674
201606 2.794 101.688 3.621
201609 2.849 101.861 3.686
201612 2.862 101.863 3.702
201703 2.884 102.862 3.695
201706 2.874 103.349 3.665
201709 2.882 104.136 3.647
201712 2.912 104.011 3.689
201803 2.915 105.290 3.648
201806 2.920 106.317 3.619
201809 2.894 106.507 3.581
201812 3.037 105.998 3.776
201903 3.028 107.251 3.720
201906 3.045 108.070 3.713
201909 3.114 108.329 3.788
201912 3.213 108.420 3.905
202003 3.262 108.902 3.947
202006 3.397 108.767 4.116
202009 3.441 109.815 4.129
202012 3.361 109.897 4.030
202103 3.469 111.754 4.091
202106 3.567 114.631 4.100
202109 3.672 115.734 4.181
202112 3.706 117.630 4.152
202203 3.723 121.301 4.045
202206 3.780 125.017 3.984
202209 3.880 125.227 4.083
202212 4.025 125.222 4.236
202303 3.994 127.348 4.133
202306 4.078 128.729 4.175
202309 3.999 129.860 4.058
202312 3.872 129.419 3.943
202403 3.810 131.776 3.810

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


SFA Semicon Philippines  (PHS:SSP) 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.

SFA Semicon Philippines's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.68/3.82
=0.44

* 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 12 years, the highest Cyclically Adjusted PB Ratio of SFA Semicon Philippines was 0.68. The lowest was 0.44. And the median was 0.56.


Be Aware

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


SFA Semicon Philippines Cyclically Adjusted Book per Share Related Terms

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


SFA Semicon Philippines (PHS:SSP) Business Description

Traded in Other Exchanges
N/A
Address
Panday Pira Avenue, Corner Creekside Road, Clark Freeport Zone, Pampanga, PHL
SFA Semicon Philippines Corp is a manufacturer of semiconductor and memory devices. It is engaged in the construction, ownership, and operation of the plant for the manufacture, assembly, test, and warehousing of semiconductor and memory devices and applications and related products. The company offers a range of products such as memory chips and modules for digital cameras, personal computers, workstations and servers, micro secure digital cards for smartphones, digital multimedia broadcasting, phone, personal digital assistant, and Blister packing.