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China Wafer Level CSP Co (SHSE:603005) Cyclically Adjusted PB Ratio : 3.24 (As of May. 23, 2024)


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What is China Wafer Level CSP Co Cyclically Adjusted PB Ratio?

As of today (2024-05-23), China Wafer Level CSP Co's current share price is ¥17.65. China Wafer Level CSP Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥5.45. China Wafer Level CSP Co's Cyclically Adjusted PB Ratio for today is 3.24.

The historical rank and industry rank for China Wafer Level CSP Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:603005' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.79   Med: 4.35   Max: 10.58
Current: 3.27

During the past years, China Wafer Level CSP Co's highest Cyclically Adjusted PB Ratio was 10.58. The lowest was 2.79. And the median was 4.35.

SHSE:603005's Cyclically Adjusted PB Ratio is ranked worse than
62.13% of 684 companies
in the Semiconductors industry
Industry Median: 2.515 vs SHSE:603005: 3.27

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.

China Wafer Level CSP Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥6.334. 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 ¥5.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Wafer Level CSP Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for China Wafer Level CSP Co'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.

China Wafer Level CSP Co Cyclically Adjusted PB Ratio Chart

China Wafer Level CSP Co 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 - - 9.07 3.64 4.08

China Wafer Level CSP Co 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 4.81 3.89 4.06 4.08 3.26

Competitive Comparison of China Wafer Level CSP Co's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, China Wafer Level CSP Co'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.


China Wafer Level CSP Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, China Wafer Level CSP Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where China Wafer Level CSP Co's Cyclically Adjusted PB Ratio falls into.



China Wafer Level CSP Co 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.

China Wafer Level CSP Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.65/5.45
=3.24

* 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.

China Wafer Level CSP Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, China Wafer Level CSP Co'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)
=6.334/115.2271*115.2271
=6.334

Current CPI (Mar. 2024) = 115.2271.

China Wafer Level CSP Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.780 98.200 4.435
201409 3.907 98.900 4.552
201412 4.042 99.000 4.705
201503 4.169 99.900 4.809
201506 4.120 99.500 4.771
201509 4.187 100.500 4.801
201512 4.236 100.600 4.852
201603 4.276 102.200 4.821
201606 4.237 101.400 4.815
201609 4.247 102.400 4.779
201612 4.304 102.600 4.834
201703 4.334 103.200 4.839
201706 4.318 103.100 4.826
201709 4.367 104.100 4.834
201712 4.488 104.500 4.949
201803 4.523 105.300 4.949
201806 4.481 104.900 4.922
201809 4.607 106.600 4.980
201812 4.686 106.500 5.070
201903 4.662 107.700 4.988
201906 4.711 107.700 5.040
201909 4.882 109.800 5.123
201912 5.037 111.200 5.219
202003 4.453 112.300 4.569
202006 4.611 110.400 4.813
202009 4.855 111.700 5.008
202012 7.317 111.500 7.562
202103 7.183 112.662 7.347
202106 6.687 111.769 6.894
202109 6.958 112.215 7.145
202112 7.261 113.108 7.397
202203 6.027 114.335 6.074
202206 6.000 114.558 6.035
202209 6.059 115.339 6.053
202212 6.103 115.116 6.109
202303 6.149 115.116 6.155
202306 6.207 114.558 6.243
202309 6.188 115.339 6.182
202312 6.265 114.781 6.289
202403 6.334 115.227 6.334

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.


China Wafer Level CSP Co  (SHSE:603005) 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.


China Wafer Level CSP Co Cyclically Adjusted PB Ratio Related Terms

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


China Wafer Level CSP Co (SHSE:603005) Business Description

Traded in Other Exchanges
N/A
Address
No.29 Tinglan Lane, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 215026
China Wafer Level CSP Co Ltd is a Chinese company engaged in offering semiconductor packages. It supplies wafer-level chip size packaging and test services to the RFID markets. The company also provides co-design and qualification services for new products. The company's product portfolio includes image sensor, biometric identification, ambient light, medical electronic and automotive sensor devices.

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