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Diodes (Diodes) Cyclically Adjusted PB Ratio : 2.83 (As of May. 15, 2024)


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What is Diodes Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Diodes's current share price is $72.86. Diodes's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $25.73. Diodes's Cyclically Adjusted PB Ratio for today is 2.83.

The historical rank and industry rank for Diodes's Cyclically Adjusted PB Ratio or its related term are showing as below:

DIOD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.32   Med: 2.44   Max: 5.59
Current: 2.81

During the past years, Diodes's highest Cyclically Adjusted PB Ratio was 5.59. The lowest was 1.32. And the median was 2.44.

DIOD's Cyclically Adjusted PB Ratio is ranked worse than
54.99% of 682 companies
in the Semiconductors industry
Industry Median: 2.485 vs DIOD: 2.81

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.

Diodes's adjusted book value per share data for the three months ended in Mar. 2024 was $37.918. 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 $25.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Diodes Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Diodes's Cyclically Adjusted PB Ratio 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.

Diodes Cyclically Adjusted PB Ratio Chart

Diodes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.33 3.90 5.42 3.34 3.18

Diodes Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 3.93 3.81 3.16 3.18 2.74

Competitive Comparison of Diodes's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Diodes'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.


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

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

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



Diodes Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Diodes's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=72.86/25.73
=2.83

* 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.

Diodes's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Diodes'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)
=37.918/129.4194*129.4194
=37.918

Current CPI (Mar. 2024) = 129.4194.

Diodes Quarterly Data

Book Value per Share CPI Adj_Book
201406 15.701 100.560 20.207
201409 15.794 100.428 20.353
201412 16.143 99.070 21.088
201503 16.268 99.621 21.134
201506 16.824 100.684 21.626
201509 16.665 100.392 21.484
201512 16.519 99.792 21.423
201603 16.533 100.470 21.297
201606 16.338 101.688 20.794
201609 16.359 101.861 20.785
201612 16.094 101.863 20.448
201703 16.531 102.862 20.799
201706 16.959 103.349 21.237
201709 17.381 104.136 21.601
201712 16.925 104.011 21.060
201803 17.521 105.290 21.536
201806 17.703 106.317 21.550
201809 18.084 106.507 21.974
201812 18.547 105.998 22.645
201903 19.145 107.251 23.102
201906 19.785 108.070 23.694
201909 20.188 108.329 24.118
201912 21.607 108.420 25.792
202003 21.866 108.902 25.986
202006 22.159 108.767 26.366
202009 23.074 109.815 27.193
202012 21.768 109.897 25.635
202103 22.479 111.754 26.032
202106 24.202 114.631 27.324
202109 25.681 115.734 28.718
202112 27.483 117.630 30.238
202203 28.686 121.301 30.606
202206 29.882 125.017 30.934
202209 30.701 125.227 31.729
202212 33.289 125.222 34.405
202303 34.907 127.348 35.475
202306 36.339 128.729 36.534
202309 36.783 129.860 36.658
202312 37.893 129.419 37.893
202403 37.918 129.419 37.918

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


Diodes  (NAS:DIOD) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Diodes Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Diodes's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Diodes (Diodes) Business Description

Industry
Traded in Other Exchanges
Address
4949 Hedgcoxe Road, Suite 200, Plano, TX, USA, 75024
Diodes Inc is a manufacturer and supplier of high-quality application-specific products within the broad discrete, logic, analog, and mixed-signal semiconductor markets. It serves the customer electronics, computing, communications, industrial, and automotive markets. The Company's products include diodes; rectifiers; transistors; MOSFETs; GPP bridges; GPP rectifiers; protection devices; function-specific arrays; single gate logic; amplifiers and comparators; Hall-effect and temperature sensors; and power management devices, including LED drivers, AC-DC converters and controllers, DC-DC switching and linear voltage regulators, voltage references along with special-function devices, such as USB power switches, load switches, voltage supervisors, and motor controllers.
Executives
Gary Yu officer: SVP, Business Groups 4949 HEDGCOXE ROAD, SUITE 200, PLANO TX 75024
Andy Tsong officer: President, Diodes Asia 4949 HEDGCOXE ROAD, SUITE 200, PLANO TX 75024
Peter M Menard director 4949 HEDGCOXE ROAD, SUITE 200, PLANO TX 75024
Keh Shew Lu director C/O DIODES INC, 3050 E HILLCREST DR, WESTLAKE CA 91362
Emily Yang officer: VP Worldwide Sales/Marketing 4949 HEDGCOXE ROAD, SUITE 200, PLANO TX 75024
Richard Dallas White officer: Sr. VP of Finance 3050 E. HILLCREST DRIVE, WESTLAKE VILLAGE CA 91362
Jin Zhao officer: VP, Worldwide Analog Products 4949 HEDGCOXE ROAD, SUITE 200, PLANO TX 75024
Elizabeth Bull director 4949 HEDGCOXE ROAD, SUITE 200, PLANO TX 75024
Brett R Whitmire officer: CFO, Effective 3/1/2019 4949 HEDGCOXE ROAD, SUITE 200, PLANO TX 75024
Michael R Giordano director C/O DIODES INC, 3050 E HILLCREST DR, WESTLAKE CA 91362
Julie Holland officer: VP WW Analog Products 15660 DALLAS PARKWAY, SUITE 850, DALLAS TX 75248
Evan Yu officer: VP Worldwide Analog Products 4949 HEDGCOXE ROAD SUITE 200, PLANO TX 75024
Francis Tang officer: VP, Product Development 3050 E. HILLCREST DRIVE, WESTLAKE VILLAGE CA 91362
C H Chen director, officer: President & CEO C/O DIODES INC, 3050 E HILLCREST DR, WESTLAKE CA 91362
Button Angie Chen director 4949 HEDGCOXE ROAD, SUITE 200, PLANO TX 75024