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Wolfspeed (STU:CR6A) Cyclically Adjusted Book per Share : €21.98 (As of Mar. 2024)


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What is Wolfspeed 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.

Wolfspeed's adjusted book value per share for the three months ended in Mar. 2024 was €7.477. 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 €21.98 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Wolfspeed's average Cyclically Adjusted Book Growth Rate was -5.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.60% 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 Wolfspeed was 23.50% per year. The lowest was 1.70% per year. And the median was 10.95% per year.

As of today (2024-06-06), Wolfspeed's current stock price is €24.915. Wolfspeed's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €21.98. Wolfspeed's Cyclically Adjusted PB Ratio of today is 1.13.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Wolfspeed was 5.69. The lowest was 0.93. And the median was 2.02.


Wolfspeed Cyclically Adjusted Book per Share Historical Data

The historical data trend for Wolfspeed'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.

Wolfspeed Cyclically Adjusted Book per Share Chart

Wolfspeed Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.76 21.20 21.34 24.77 22.84

Wolfspeed 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 22.95 22.84 23.34 22.61 21.98

Competitive Comparison of Wolfspeed's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, Wolfspeed'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.


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

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

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



Wolfspeed 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, Wolfspeed'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)
=7.477/131.7762*131.7762
=7.477

Current CPI (Mar. 2024) = 131.7762.

Wolfspeed Quarterly Data

Book Value per Share CPI Adj_Book
201406 18.322 100.560 24.010
201409 19.298 100.428 25.322
201412 19.904 99.070 26.475
201503 22.619 99.621 29.920
201506 20.791 100.684 27.211
201509 20.656 100.392 27.114
201512 21.470 99.792 28.351
201603 21.045 100.470 27.602
201606 20.900 101.688 27.084
201609 20.698 101.861 26.777
201612 22.386 101.863 28.960
201703 21.243 102.862 27.214
201706 20.254 103.349 25.825
201709 18.922 104.136 23.944
201712 19.271 104.011 24.415
201803 16.641 105.290 20.827
201806 17.435 106.317 21.610
201809 18.339 106.507 22.690
201812 18.921 105.998 23.523
201903 17.451 107.251 21.442
201906 16.909 108.070 20.618
201909 17.036 108.329 20.723
201912 16.589 108.420 20.163
202003 16.229 108.902 19.638
202006 16.935 108.767 20.517
202009 14.692 109.815 17.630
202012 13.813 109.897 16.563
202103 16.352 111.754 19.282
202106 15.184 114.631 17.455
202109 14.920 115.734 16.988
202112 17.038 117.630 19.087
202203 17.561 121.301 19.078
202206 18.640 125.017 19.648
202209 17.154 125.227 18.051
202212 13.508 125.222 14.215
202303 12.811 127.348 13.256
202306 11.996 128.729 12.280
202309 9.314 129.860 9.451
202312 8.385 129.419 8.538
202403 7.477 131.776 7.477

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


Wolfspeed  (STU:CR6A) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=24.915/21.98
=1.13

* 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 Wolfspeed was 5.69. The lowest was 0.93. And the median was 2.02.


Be Aware

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


Wolfspeed Cyclically Adjusted Book per Share Related Terms

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


Wolfspeed (STU:CR6A) Business Description

Industry
Traded in Other Exchanges
Address
4600 Silicon Drive, Durham, NC, USA, 27703
Wolfspeed Inc is involved in the manufacturing of wide bandgap semiconductors. It is focused on silicon carbide and gallium nitride materials and devices for power and radio-frequency (RF) applications. The company serves applications such as transportation, power supplies, inverters, and wireless systems. Geographically, it derives a majority of revenue from Europe and also has a presence in the United States; China; Japan; South Korea, and other countries.

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