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Cirrus Logic (STU:CRU) Cyclically Adjusted Book per Share : €22.64 (As of Mar. 2024)


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What is Cirrus Logic 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.

Cirrus Logic's adjusted book value per share for the three months ended in Mar. 2024 was €31.201. 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 €22.64 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Cirrus Logic's average Cyclically Adjusted Book Growth Rate was 12.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 16.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 17.70% 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 Cirrus Logic was 19.50% per year. The lowest was -10.90% per year. And the median was 6.20% per year.

As of today (2024-06-10), Cirrus Logic's current stock price is €109.00. Cirrus Logic's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €22.64. Cirrus Logic's Cyclically Adjusted PB Ratio of today is 4.81.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cirrus Logic was 8.18. The lowest was 2.85. And the median was 4.60.


Cirrus Logic Cyclically Adjusted Book per Share Historical Data

The historical data trend for Cirrus Logic'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.

Cirrus Logic Cyclically Adjusted Book per Share Chart

Cirrus Logic Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.64 13.27 17.25 20.16 22.64

Cirrus Logic 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 20.16 20.37 21.89 21.52 22.64

Competitive Comparison of Cirrus Logic's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, Cirrus Logic'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.


Cirrus Logic's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Cirrus Logic 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, Cirrus Logic'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)
=31.201/131.7762*131.7762
=31.201

Current CPI (Mar. 2024) = 131.7762.

Cirrus Logic Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.783 100.560 10.199
201409 8.273 100.428 10.855
201412 9.222 99.070 12.267
201503 11.084 99.621 14.662
201506 11.222 100.684 14.687
201509 11.595 100.392 15.220
201512 12.505 99.792 16.513
201603 12.323 100.470 16.163
201606 12.417 101.688 16.091
201609 13.553 101.861 17.533
201612 16.294 101.863 21.079
201703 16.748 102.862 21.456
201706 16.191 103.349 20.644
201709 15.813 104.136 20.010
201712 16.154 104.011 20.466
201803 15.206 105.290 19.031
201806 15.820 106.317 19.608
201809 16.368 106.507 20.251
201812 16.792 105.998 20.876
201903 17.117 107.251 21.031
201906 17.012 108.070 20.744
201909 18.520 108.329 22.528
201912 19.342 108.420 23.509
202003 19.109 108.902 23.123
202006 19.352 108.767 23.446
202009 19.290 109.815 23.148
202012 19.840 109.897 23.790
202103 20.238 111.754 23.864
202106 20.289 114.631 23.324
202109 21.844 115.734 24.872
202112 24.159 117.630 27.064
202203 25.667 121.301 27.884
202206 27.064 125.017 28.527
202209 30.151 125.227 31.728
202212 29.345 125.222 30.881
202303 28.111 127.348 29.089
202306 27.972 128.729 28.634
202309 29.514 129.860 29.950
202312 30.620 129.419 31.178
202403 31.201 131.776 31.201

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


Cirrus Logic  (STU:CRU) 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.

Cirrus Logic's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=109.00/22.64
=4.81

* 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 Cirrus Logic was 8.18. The lowest was 2.85. And the median was 4.60.


Be Aware

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


Cirrus Logic Cyclically Adjusted Book per Share Related Terms

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


Cirrus Logic (STU:CRU) Business Description

Industry
Traded in Other Exchanges
Address
800 West 6th Street, Austin, TX, USA, 78701
Cirrus Logic Inc is a provider of integrated circuits for audio and voice signal processing applications. The firm's products are organized into two streams: portable audio products, and non-portable audio and other products. These products include analog and mixed-signal components targeting mobile devices, smart homes, and applications in the automotive, energy, and industrial markets. Roughly half of the firm's revenue is generated in China, with the rest coming from the United States, Europe, South Korea, and countries across the world.