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BE Semiconductor Industries NV (BE Semiconductor Industries NV) Cyclically Adjusted PB Ratio : 21.37 (As of Apr. 29, 2024)


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What is BE Semiconductor Industries NV Cyclically Adjusted PB Ratio?

As of today (2024-04-29), BE Semiconductor Industries NV's current share price is $142.54. BE Semiconductor Industries NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $6.67. BE Semiconductor Industries NV's Cyclically Adjusted PB Ratio for today is 21.37.

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

BESIY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.03   Med: 6.56   Max: 27.59
Current: 21.23

During the past years, BE Semiconductor Industries NV's highest Cyclically Adjusted PB Ratio was 27.59. The lowest was 1.03. And the median was 6.56.

BESIY's Cyclically Adjusted PB Ratio is ranked worse than
97.02% of 671 companies
in the Semiconductors industry
Industry Median: 2.43 vs BESIY: 21.23

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.

BE Semiconductor Industries NV's adjusted book value per share data for the three months ended in Mar. 2024 was $6.803. 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 $6.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BE Semiconductor Industries NV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for BE Semiconductor Industries NV'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.

BE Semiconductor Industries NV Cyclically Adjusted PB Ratio Chart

BE Semiconductor Industries NV 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 7.96 11.03 14.89 9.57 22.36

BE Semiconductor Industries NV 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 13.40 16.44 15.21 22.36 23.10

Competitive Comparison of BE Semiconductor Industries NV's Cyclically Adjusted PB Ratio

For the Semiconductor Equipment & Materials subindustry, BE Semiconductor Industries NV'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.


BE Semiconductor Industries NV's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, BE Semiconductor Industries NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where BE Semiconductor Industries NV's Cyclically Adjusted PB Ratio falls into.



BE Semiconductor Industries NV 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.

BE Semiconductor Industries NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=142.54/6.67
=21.37

* 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.

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

For example, BE Semiconductor Industries NV'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)
=6.803/126.4000*126.4000
=6.803

Current CPI (Mar. 2024) = 126.4000.

BE Semiconductor Industries NV Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.160 99.240 6.572
201409 5.343 99.960 6.756
201412 5.351 99.050 6.829
201503 5.248 99.750 6.650
201506 4.792 100.230 6.043
201509 4.778 100.500 6.009
201512 4.756 99.730 6.028
201603 4.978 100.310 6.273
201606 4.632 100.260 5.840
201609 4.771 100.570 5.996
201612 4.852 100.710 6.090
201703 5.221 101.440 6.506
201706 5.133 101.370 6.400
201709 6.081 102.030 7.533
201712 6.891 101.970 8.542
201803 7.812 102.470 9.636
201806 5.351 103.100 6.560
201809 5.696 103.950 6.926
201812 5.755 103.970 6.997
201903 5.803 105.370 6.961
201906 4.044 105.840 4.830
201909 4.120 106.700 4.881
201912 4.593 106.800 5.436
202003 4.852 106.850 5.740
202006 4.453 107.510 5.235
202009 5.327 107.880 6.241
202012 6.198 107.850 7.264
202103 7.020 108.870 8.150
202106 7.255 109.670 8.362
202109 8.290 110.790 9.458
202112 8.975 114.010 9.950
202203 9.839 119.460 10.411
202206 8.312 119.050 8.825
202209 8.179 126.890 8.147
202212 8.483 124.940 8.582
202303 8.245 124.720 8.356
202306 5.289 125.830 5.313
202309 5.192 127.160 5.161
202312 5.967 126.400 5.967
202403 6.803 126.400 6.803

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.


BE Semiconductor Industries NV  (OTCPK:BESIY) 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.


BE Semiconductor Industries NV Cyclically Adjusted PB Ratio Related Terms

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BE Semiconductor Industries NV (BE Semiconductor Industries NV) Business Description

Address
Ratio 6, Duiven, NLD, 6921 RW
Besi provides equipment for the semiconductor assembly and packaging market (known as the back-end). Besi is one of the market leaders with a focused portfolio and flexible business operations, which allow it to maintain leading gross and operating margins. Besi's main clients are the world's largest foundries (TSMC, Samsung, and Intel) as well as integrated device manufacturers.