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Siltronic AG (XTER:WAF) Cyclically Adjusted Book per Share : €36.19 (As of Mar. 2024)


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What is Siltronic AG 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.

Siltronic AG's adjusted book value per share for the three months ended in Mar. 2024 was €65.167. 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 €36.19 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 (2024-06-01), Siltronic AG's current stock price is €74.60. Siltronic AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €36.19. Siltronic AG's Cyclically Adjusted PB Ratio of today is 2.06.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Siltronic AG was 2.33. The lowest was 2.04. And the median was 2.10.


Siltronic AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Siltronic AG'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.

Siltronic AG Cyclically Adjusted Book per Share Chart

Siltronic AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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Siltronic AG 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 - - - - 36.19

Competitive Comparison of Siltronic AG's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, Siltronic AG'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.


Siltronic AG's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Siltronic AG 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, Siltronic AG'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)
=65.167/125.0381*125.0381
=65.167

Current CPI (Mar. 2024) = 125.0381.

Siltronic AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 99.543 0.000
201409 0.000 99.823 0.000
201412 10.303 99.543 12.942
201503 0.000 99.717 0.000
201506 16.703 100.417 20.798
201509 16.787 100.417 20.903
201512 16.683 99.717 20.919
201603 14.093 100.017 17.619
201606 10.983 100.717 13.635
201609 10.123 101.017 12.530
201612 14.397 101.217 17.785
201703 16.047 101.417 19.785
201706 17.563 102.117 21.505
201709 19.687 102.717 23.965
201712 21.243 102.617 25.884
201803 23.437 102.917 28.475
201806 23.643 104.017 28.421
201809 27.403 104.718 32.721
201812 29.573 104.217 35.481
201903 31.057 104.217 37.262
201906 25.283 105.718 29.904
201909 25.097 106.018 29.600
201912 28.833 105.818 34.070
202003 32.060 105.718 37.919
202006 26.353 106.618 30.906
202009 25.060 105.818 29.612
202012 26.203 105.518 31.050
202103 32.730 107.518 38.063
202106 32.633 108.486 37.612
202109 35.907 109.435 41.027
202112 39.663 110.384 44.929
202203 47.800 113.968 52.443
202206 55.107 115.760 59.524
202209 59.653 118.818 62.776
202212 62.833 119.345 65.830
202303 64.400 122.402 65.787
202306 62.160 123.140 63.118
202309 64.557 124.195 64.995
202312 63.480 123.773 64.129
202403 65.167 125.038 65.167

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


Siltronic AG  (XTER:WAF) 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.

Siltronic AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=74.60/36.19
=2.06

* 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 10 years, the highest Cyclically Adjusted PB Ratio of Siltronic AG was 2.33. The lowest was 2.04. And the median was 2.10.


Be Aware

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


Siltronic AG Cyclically Adjusted Book per Share Related Terms

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


Siltronic AG (XTER:WAF) Business Description

Industry
Traded in Other Exchanges
Address
Einsteinstrassee 172, Munich, BY, DEU, 81677
Siltronic AG is engaged in the development, production, and marketing of semiconductor wafers. The company has production facilities in Asia, Europe, and the USA. The company offers a wide range of products such as Polished Wafers, Epitaxial Wafers, Annealed Wafers, Floatzone, Power products, and Ultimate Silicon. Its geographic segments consist of Germany; Europe excluding Germany; the United States; Taiwan & (mainland) China; South Korea; Singapore and Asia excluding Taiwan, and (mainland) China.
Executives
Claudia Schmitt Board of Directors
Dr. Michael Heckmeier Board of Directors

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