GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » GigaMedia Ltd (NAS:GIGM) » Definitions » Cyclically Adjusted PB Ratio

GigaMedia (GigaMedia) Cyclically Adjusted PB Ratio : 0.20 (As of May. 29, 2024)


View and export this data going back to 2000. Start your Free Trial

What is GigaMedia Cyclically Adjusted PB Ratio?

As of today (2024-05-29), GigaMedia's current share price is $1.2999. GigaMedia's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $6.49. GigaMedia's Cyclically Adjusted PB Ratio for today is 0.20.

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

GIGM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.22   Max: 0.55
Current: 0.2

During the past years, GigaMedia's highest Cyclically Adjusted PB Ratio was 0.55. The lowest was 0.16. And the median was 0.22.

GIGM's Cyclically Adjusted PB Ratio is ranked better than
92.62% of 298 companies
in the Interactive Media industry
Industry Median: 1.575 vs GIGM: 0.20

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.

GigaMedia's adjusted book value per share data for the three months ended in Mar. 2024 was $3.874. 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 $6.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GigaMedia Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GigaMedia'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.

GigaMedia Cyclically Adjusted PB Ratio Chart

GigaMedia 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 0.22 0.35 0.29 0.17 0.21

GigaMedia 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 0.20 0.20 0.20 0.21 0.20

Competitive Comparison of GigaMedia's Cyclically Adjusted PB Ratio

For the Electronic Gaming & Multimedia subindustry, GigaMedia'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.


GigaMedia's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, GigaMedia's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



GigaMedia 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.2999/6.49
=0.20

* 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.

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

For example, GigaMedia'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)
=3.874/131.7762*131.7762
=3.874

Current CPI (Mar. 2024) = 131.7762.

GigaMedia Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.343 100.560 10.933
201409 7.111 100.428 9.331
201412 7.150 99.070 9.510
201503 7.128 99.621 9.429
201506 6.931 100.684 9.071
201509 6.727 100.392 8.830
201512 5.971 99.792 7.885
201603 6.036 100.470 7.917
201606 5.871 101.688 7.608
201609 5.697 101.861 7.370
201612 5.398 101.863 6.983
201703 5.358 102.862 6.864
201706 5.445 103.349 6.943
201709 5.436 104.136 6.879
201712 5.552 104.011 7.034
201803 5.490 105.290 6.871
201806 5.388 106.317 6.678
201809 5.284 106.507 6.538
201812 5.263 105.998 6.543
201903 5.215 107.251 6.408
201906 5.147 108.070 6.276
201909 5.130 108.329 6.240
201912 5.026 108.420 6.109
202003 4.992 108.902 6.041
202006 4.963 108.767 6.013
202009 4.938 109.815 5.926
202012 4.895 109.897 5.870
202103 4.820 111.754 5.684
202106 4.731 114.631 5.439
202109 4.667 115.734 5.314
202112 4.601 117.630 5.154
202203 4.530 121.301 4.921
202206 4.458 125.017 4.699
202209 4.422 125.227 4.653
202212 4.398 125.222 4.628
202303 4.371 127.348 4.523
202306 4.321 128.729 4.423
202309 4.273 129.860 4.336
202312 3.939 129.419 4.011
202403 3.874 131.776 3.874

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.


GigaMedia  (NAS:GIGM) 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.


GigaMedia Cyclically Adjusted PB Ratio Related Terms

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


GigaMedia (GigaMedia) Business Description

Traded in Other Exchanges
Address
Section 2, Tiding Boulevard, Lane 407, 8th Floor, No. 22, Neihu District, Taipei, TWN, 114
GigaMedia Ltd is a publisher of online games. It has only one reportable segment, Digital Entertainment service. Digital Entertainment service business operates a portfolio of online games, mainly targeting online game players across Europe, Asia, including Greater China and Southeast Asia. The company's portfolio of online games includes predominantly PC-based, non-cash gambling or casino casual games, including MahJong and various card and table games. The company's product lines include MahJong, AkaSeka, Yume 100, Fun Vegas, and others. The company operates in Taiwan and Hong Kong.
Executives
Cheng-ming Huang director, officer: CEO 8F, NO.22, LANE 407, SEC. 2 TIDING BLVD., TAIPEI F5 114
Hwang Collin director 8F, NO. 22, LANE 407, SECTION 2, TIDING BLVD., TAIPEI F5 114
Criterion Capital Partners Master Fund, L.p. 10 percent owner STRATHVALE HOUSE-GROUND FLOOR, NORTH CHURCH STREET, GEORGE TOWN E9 00000
Sanjay Motwani other: N/A C/O SANSAR CAPITAL MANAGEMENT, L.L.C., 25 WEST 53RD STREET, NEW YORK NY 10019
Sansar Performance, L.p. other: N/A C/O SANSAR CAPITAL MANAGEMENT, L.L.C., 25 WEST 53RD STREET, NEW YORK NY 10019
Sansar Capital Master Fund, L.p. other: N/A C/O SANSAR CAPITAL MANAGEMENT, L.L.C., 25 WEST 53RD STREET, NEW YORK NY 10019
Sansar Capital Special Opportunity Master Fund, L.p. other: N/A 25 W 53RD STREET, 14TH FLOOR, NEW YORK NY 10019
Sansar Capital Management, L.l.c. other: N/A 25 W 53RD STREET, 14TH FLOOR, NEW YORK NY 10019

GigaMedia (GigaMedia) Headlines

From GuruFocus

5 Deep-Value Stocks for 2020

By Rupert Hargreaves Rupert Hargreaves 12-30-2019

Purchase of GigaMedia Shares by CEO Cheng-Ming Huang

By PRNewswire PRNewswire 08-20-2019

Purchase of GigaMedia Shares by CEO Cheng-Ming Huang

By PRNewswire PRNewswire 12-26-2018

Notice of The Twentieth Annual General Meeting of Shareholders

By PRNewswire PRNewswire 05-25-2019

Purchase of GigaMedia Shares by CEO Cheng-Ming Huang

By PRNewswire PRNewswire 05-20-2020

Purchase of GigaMedia Shares by CEO Cheng-Ming Huang

By PRNewswire PRNewswire 09-10-2020