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Monolithic Power Systems (FRA:NQG) Cyclically Adjusted PB Ratio : 32.54 (As of Jun. 06, 2024)


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What is Monolithic Power Systems Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Monolithic Power Systems's current share price is €665.80. Monolithic Power Systems's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €20.46. Monolithic Power Systems's Cyclically Adjusted PB Ratio for today is 32.54.

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

FRA:NQG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.77   Med: 14.49   Max: 41.35
Current: 33.91

During the past years, Monolithic Power Systems's highest Cyclically Adjusted PB Ratio was 41.35. The lowest was 4.77. And the median was 14.49.

FRA:NQG's Cyclically Adjusted PB Ratio is ranked worse than
97.82% of 688 companies
in the Semiconductors industry
Industry Median: 2.57 vs FRA:NQG: 33.91

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.

Monolithic Power Systems's adjusted book value per share data for the three months ended in Mar. 2024 was €39.955. 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 €20.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Monolithic Power Systems Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Monolithic Power Systems'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.

Monolithic Power Systems Cyclically Adjusted PB Ratio Chart

Monolithic Power Systems 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 16.67 30.55 34.09 20.07 29.81

Monolithic Power Systems 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 26.89 27.67 22.60 29.81 30.32

Competitive Comparison of Monolithic Power Systems's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Monolithic Power Systems'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.


Monolithic Power Systems's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Monolithic Power Systems 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.

Monolithic Power Systems's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=665.80/20.46
=32.54

* 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.

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

For example, Monolithic Power Systems'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)
=39.955/131.7762*131.7762
=39.955

Current CPI (Mar. 2024) = 131.7762.

Monolithic Power Systems Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.352 100.560 8.324
201409 6.833 100.428 8.966
201412 7.235 99.070 9.624
201503 8.132 99.621 10.757
201506 7.979 100.684 10.443
201509 7.987 100.392 10.484
201512 8.524 99.792 11.256
201603 8.525 100.470 11.181
201606 8.688 101.688 11.259
201609 9.122 101.861 11.801
201612 10.019 101.863 12.961
201703 10.228 102.862 13.103
201706 10.194 103.349 12.998
201709 10.218 104.136 12.930
201712 10.600 104.011 13.430
201803 10.744 105.290 13.447
201806 11.721 106.317 14.528
201809 12.330 106.507 15.255
201812 13.237 105.998 16.456
201903 13.990 107.251 17.189
201906 14.414 108.070 17.576
201909 15.353 108.329 18.676
201912 15.961 108.420 19.399
202003 16.458 108.902 19.915
202006 16.786 108.767 20.337
202009 17.218 109.815 20.661
202012 17.552 109.897 21.046
202103 18.762 111.754 22.123
202106 19.655 114.631 22.595
202109 21.442 115.734 24.414
202112 23.801 117.630 26.663
202203 25.825 121.301 28.055
202206 28.775 125.017 30.331
202209 32.935 125.227 34.658
202212 33.438 125.222 35.188
202303 34.992 127.348 36.209
202306 35.653 128.729 36.497
202309 38.036 129.860 38.597
202312 39.140 129.419 39.853
202403 39.955 131.776 39.955

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.


Monolithic Power Systems  (FRA:NQG) 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.


Monolithic Power Systems Cyclically Adjusted PB Ratio Related Terms

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


Monolithic Power Systems (FRA:NQG) Business Description

Traded in Other Exchanges
Address
5808 Lake Washington Boulevard NE, Kirkland, WA, USA, 98033
Monolithic Power Systems is an analog and mixed-signal chipmaker, specializing in power management solutions. The firm's mission is to reduce total energy consumption in end systems, and it serves the computing, automotive, industrial, communications, and consumer end markets. MPS uses a fabless manufacturing model, partnering with third-party chip foundries to host its proprietary BCD process technology.

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