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Sequans Communications (Sequans Communications) Cyclically Adjusted Book per Share : $0.17 (As of Dec. 2023)


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What is Sequans Communications 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.

Sequans Communications's adjusted book value per share for the three months ended in Dec. 2023 was $-0.099. 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 $0.17 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Sequans Communications's average Cyclically Adjusted Book Growth Rate was -74.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -58.40% 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 Sequans Communications was -38.00% per year. The lowest was -58.40% per year. And the median was -48.20% per year.

As of today (2024-06-05), Sequans Communications's current stock price is $0.691. Sequans Communications's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.17. Sequans Communications's Cyclically Adjusted PB Ratio of today is 4.06.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sequans Communications was 17.18. The lowest was 0.68. And the median was 2.69.


Sequans Communications Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sequans Communications'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.

Sequans Communications Cyclically Adjusted Book per Share Chart

Sequans Communications 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 2.77 2.36 1.46 0.66 0.17

Sequans Communications Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.66 0.52 0.40 0.29 0.17

Competitive Comparison of Sequans Communications's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, Sequans Communications'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.


Sequans Communications's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Sequans Communications 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, Sequans Communications's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.099/118.3900*118.3900
=-0.099

Current CPI (Dec. 2023) = 118.3900.

Sequans Communications Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.453 100.240 4.078
201406 2.871 100.180 3.393
201409 2.344 99.920 2.777
201412 1.699 99.860 2.014
201503 1.168 100.170 1.380
201506 0.711 100.440 0.838
201509 0.554 99.950 0.656
201512 -0.084 100.040 -0.099
201603 -0.675 100.020 -0.799
201606 -0.308 100.630 -0.362
201609 0.714 100.340 0.842
201612 0.472 100.650 0.555
201703 0.213 101.170 0.249
201706 0.703 101.320 0.821
201709 0.375 101.330 0.438
201712 0.207 101.850 0.241
201803 0.707 102.750 0.815
201806 0.385 103.370 0.441
201809 0.162 103.560 0.185
201812 -0.212 103.470 -0.243
201903 -0.221 103.890 -0.252
201906 -0.549 104.580 -0.621
201909 -0.845 104.500 -0.957
201912 -1.223 104.980 -1.379
202003 -1.659 104.590 -1.878
202006 -1.243 104.790 -1.404
202009 -1.520 104.550 -1.721
202012 -1.099 104.960 -1.240
202103 -0.838 105.750 -0.938
202106 -0.534 106.340 -0.595
202109 -0.503 106.810 -0.558
202112 -0.642 107.850 -0.705
202203 0.193 110.490 0.207
202206 0.142 112.550 0.149
202209 0.101 112.740 0.106
202212 0.044 114.160 0.046
202303 -0.026 116.790 -0.026
202306 0.185 117.650 0.186
202309 0.145 118.260 0.145
202312 -0.099 118.390 -0.099

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


Sequans Communications  (NYSE:SQNS) 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.

Sequans Communications's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.691/0.17
=4.06

* 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 Sequans Communications was 17.18. The lowest was 0.68. And the median was 2.69.


Be Aware

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


Sequans Communications Cyclically Adjusted Book per Share Related Terms

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


Sequans Communications (Sequans Communications) Business Description

Traded in Other Exchanges
Address
15-55 Boulevard Charles de Gaulle, Colombes, FRA, 92700
Sequans Communications SA is a designer, developer, and supplier of cellular semiconductor solutions for broadband Internet of Things (IoT) markets. Its solutions incorporate baseband processor and radio frequency, transceiver integrated circuits, along with its proprietary signal processing techniques, algorithms, and software stacks. The company's solutions serve as the core wireless broadband communications platform in devices, including smartphones, USB dongles, portable routers, laptops, netbooks, tablets, and other consumer multimedia and industrial devices. Its geographical segments are Taiwan, Korea, China (including Hong Kong), the Rest of Asia, the United States, and the Rest of the world.