GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vicor Corp (FRA:VCV) » Definitions » Cyclically Adjusted PB Ratio

Vicor (FRA:VCV) Cyclically Adjusted PB Ratio : 4.74 (As of Jun. 09, 2024)


View and export this data going back to . Start your Free Trial

What is Vicor Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Vicor's current share price is €31.93. Vicor's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €6.73. Vicor's Cyclically Adjusted PB Ratio for today is 4.74.

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

FRA:VCV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.04   Med: 6.87   Max: 31.63
Current: 4.79

During the past years, Vicor's highest Cyclically Adjusted PB Ratio was 31.63. The lowest was 1.04. And the median was 6.87.

FRA:VCV's Cyclically Adjusted PB Ratio is ranked worse than
86.78% of 1899 companies
in the Hardware industry
Industry Median: 1.67 vs FRA:VCV: 4.79

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.

Vicor's adjusted book value per share data for the three months ended in Mar. 2024 was €10.984. 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 €6.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vicor Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vicor'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.

Vicor Cyclically Adjusted PB Ratio Chart

Vicor 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 11.05 20.28 24.11 8.85 6.49

Vicor 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 7.43 8.26 8.71 6.49 5.29

Competitive Comparison of Vicor's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Vicor'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.


Vicor's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Vicor 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=31.93/6.73
=4.74

* 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.

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

For example, Vicor'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)
=10.984/131.7762*131.7762
=10.984

Current CPI (Mar. 2024) = 131.7762.

Vicor Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.481 100.560 3.251
201409 2.547 100.428 3.342
201412 2.680 99.070 3.565
201503 3.149 99.621 4.165
201506 3.071 100.684 4.019
201509 3.138 100.392 4.119
201512 3.195 99.792 4.219
201603 3.012 100.470 3.951
201606 2.987 101.688 3.871
201609 3.038 101.861 3.930
201612 3.179 101.863 4.113
201703 3.132 102.862 4.012
201706 2.989 103.349 3.811
201709 2.843 104.136 3.598
201712 2.918 104.011 3.697
201803 2.996 105.290 3.750
201806 3.400 106.317 4.214
201809 3.745 106.507 4.634
201812 4.017 105.998 4.994
201903 4.182 107.251 5.138
201906 4.260 108.070 5.194
201909 4.546 108.329 5.530
201912 4.565 108.420 5.548
202003 4.600 108.902 5.566
202006 6.732 108.767 8.156
202009 6.617 109.815 7.940
202012 6.656 109.897 7.981
202103 7.145 111.754 8.425
202106 7.478 114.631 8.596
202109 7.990 115.734 9.097
202112 8.537 117.630 9.564
202203 8.920 121.301 9.690
202206 9.569 125.017 10.086
202209 10.379 125.227 10.922
202212 9.938 125.222 10.458
202303 10.149 127.348 10.502
202306 10.445 128.729 10.692
202309 11.142 129.860 11.306
202312 11.155 129.419 11.358
202403 10.984 131.776 10.984

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.


Vicor  (FRA:VCV) 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.


Vicor Cyclically Adjusted PB Ratio Related Terms

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


Vicor (FRA:VCV) Business Description

Industry
Traded in Other Exchanges
Address
25 Frontage Road, Andover, MA, USA, 01810
Vicor Corp manufactures and markets modular power components and complete power systems. It provides modular power converters and configurable products, advanced power component products and integrated circuits, and related products. Its products include Converters, Power Systems, Filters, Custom Power Systems, Input Modules, and others. Geographically, it derives a majority of its revenue from the Asia Pacific.

Vicor (FRA:VCV) Headlines