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Silicom (STU:S1L) Cyclically Adjusted PB Ratio : 0.65 (As of May. 26, 2024)


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What is Silicom Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Silicom's current share price is €14.70. Silicom's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €22.70. Silicom's Cyclically Adjusted PB Ratio for today is 0.65.

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

STU:S1L' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 2.9   Max: 11.13
Current: 0.67

During the past years, Silicom's highest Cyclically Adjusted PB Ratio was 11.13. The lowest was 0.61. And the median was 2.90.

STU:S1L's Cyclically Adjusted PB Ratio is ranked better than
80.49% of 1871 companies
in the Hardware industry
Industry Median: 1.66 vs STU:S1L: 0.67

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.

Silicom's adjusted book value per share data for the three months ended in Mar. 2024 was €21.118. 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 €22.70 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Silicom Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Silicom'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.

Silicom Cyclically Adjusted PB Ratio Chart

Silicom 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 2.21 2.53 2.71 1.96 0.78

Silicom 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 1.69 1.62 1.12 0.78 0.62

Competitive Comparison of Silicom's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Silicom'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.


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

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

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



Silicom 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.70/22.7
=0.65

* 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.

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

For example, Silicom'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)
=21.118/131.7762*131.7762
=21.118

Current CPI (Mar. 2024) = 131.7762.

Silicom Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.443 100.560 12.374
201409 10.274 100.428 13.481
201412 11.317 99.070 15.053
201503 13.329 99.621 17.631
201506 12.259 100.684 16.045
201509 13.177 100.392 17.296
201512 14.167 99.792 18.708
201603 14.209 100.470 18.636
201606 13.626 101.688 17.658
201609 14.128 101.861 18.277
201612 15.590 101.863 20.168
201703 15.801 102.862 20.243
201706 14.644 103.349 18.672
201709 14.388 104.136 18.207
201712 15.759 104.011 19.966
201803 15.022 105.290 18.801
201806 16.203 106.317 20.083
201809 16.711 106.507 20.676
201812 18.390 105.998 22.862
201903 18.922 107.251 23.249
201906 19.220 108.070 23.436
201909 20.172 108.329 24.538
201912 19.946 108.420 24.243
202003 20.056 108.902 24.269
202006 19.545 108.767 23.680
202009 19.353 109.815 23.223
202012 18.447 109.897 22.120
202103 19.155 111.754 22.587
202106 18.904 114.631 21.731
202109 19.903 115.734 22.662
202112 20.902 117.630 23.416
202203 21.738 121.301 23.615
202206 23.450 125.017 24.718
202209 25.805 125.227 27.155
202212 25.117 125.222 26.432
202303 25.455 127.348 26.340
202306 25.753 128.729 26.363
202309 27.321 129.860 27.724
202312 21.225 129.419 21.612
202403 21.118 131.776 21.118

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.


Silicom  (STU:S1L) 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.


Silicom Cyclically Adjusted PB Ratio Related Terms

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


Silicom (STU:S1L) Business Description

Industry
Traded in Other Exchanges
Address
14 Atir Yeda Street, Kfar Sava, ISR, 4464323
Silicom Ltd designs and manufactures networking and data infrastructure solutions for various servers, server-based systems, and communications devices. Its product categories consist of Server Adapters; Edge Networking Solutions; FPGA Based Cards; x86 Open Appliances Bypass Switches and TAPs. Geographically, it derives a majority of its revenue from North America and also has a presence in Europe and Asia-Pacific.

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