Analog Devices (BUE:ADI) Cyclically Adjusted Book per Share: ARS6,069.17 (As of Jul. 2026)

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BUE:ADI Analog Devices Inc BUE:ADI
87 GF Score
Price ARS38,700.00
GF Value ARS35,011.95
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Analog Devices Cyclically Adjusted Book per Share?

Analog Devices BUE:ADI -2.91% 87 Cyclically Adjusted Book per Share is ARS6,069.17 as of Jul. 2026. GuruFocus rates BUE:ADI with a GF Score™ of 87/100 and a GF Value™ of ARS35,011.95 (Modestly Overvalued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Analog Devices's adjusted book value per share for the three months ended in Jul. 2026 was ARS309,290.386. 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 ARS6,069.17 for the trailing ten years ended in Jul. 2026.

During the past 12 months, Analog Devices's average Cyclically Adjusted Book Growth Rate was 12.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 19.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 16.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Analog Devices was 22.40% per year. The lowest was 4.20% per year. And the median was 13.80% per year.

As of today (2026-08-31), Analog Devices's current stock price is ARS38700.00. Analog Devices's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2026 was ARS6,069.17. Analog Devices's Cyclically Adjusted PB Ratio of today is 6.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Analog Devices was 7.73. The lowest was 3.44. And the median was 5.54.


Analog Devices  (BUE:ADI) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Analog Devices's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=38700.00/6069.17
=6.38

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Analog Devices was 7.73. The lowest was 3.44. And the median was 5.54.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Analog Devices Cyclically Adjusted Book per Share Related Terms


Analog Devices Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Analog Devices's Cyclically Adjusted Book per Share 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.

Analog Devices Cyclically Adjusted Book per Share Chart

Analog Devices Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,817.31 3,456.96 2,264.66 3,553.80 5,289.46

Analog Devices Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
Cyclically Adjusted Book per Share 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 4,620.92 5,289.46 5,413.67 5,619.37 6,069.17

BUE:ADI vs QCOM, MRVL, TXN: Cyclically Adjusted Book per Share Comparison

For the Semiconductors subindustry, Analog Devices'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.


Analog Devices Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


BUE:ADI
87GF Score
Analog Devices Inc BUE:ADI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Analog Devices Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Analog Devices's adjusted Book Value per Share data for the three months ended in Jul. 2026 was:

Adj_Book= Book Value per Share /CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=309290.386/333.9180*333.9180
=309,290.386

Current CPI (Jul. 2026) = 333.9180.

Analog Devices Quarterly Data

Book Value per Share CPI Adj_Book
201610 771.644 241.729 1,065.928
201701 820.633 242.839 1,128.419
201704 1,254.654 244.524 1,713.335
201707 1,441.402 244.786 1,966.248
201710 1,462.883 246.663 1,980.366
201801 1,647.554 247.867 2,219.529
201804 1,721.730 250.546 2,294.655
201807 2,530.693 252.006 3,353.269
201810 3,769.756 252.885 4,977.715
201901 3,549.869 251.712 4,709.212
201904 4,123.233 255.548 5,387.723
201907 4,066.428 256.571 5,292.311
201910 5,492.685 257.346 7,127.006
202001 5,700.949 257.971 7,379.316
202004 6,083.860 256.389 7,923.547
202007 6,748.493 259.101 8,697.162
202010 7,426.993 260.388 9,524.274
202101 8,265.260 261.582 10,550.875
202104 9,084.900 267.054 11,359.544
202107 9,568.325 273.003 11,703.300
202110 21,429.520 276.589 25,871.247
202201 22,030.959 281.148 26,166.054
202204 23,792.646 289.109 27,480.268
202207 26,798.249 296.276 30,202.979
202210 31,642.015 298.012 35,454.406
202301 38,314.717 299.170 42,764.895
202304 38,105.392 303.363 41,943.402
202307 55,485.940 305.691 60,609.420
202310 75,249.167 307.671 81,668.572
202401 173,855.520 308.417 188,230.505
202404 182,735.106 313.548 194,606.699
202407 194,132.667 314.540 206,092.681
202410 206,254.102 315.664 218,181.222
202501 223,000.440 317.671 234,405.599
202504 246,574.787 320.795 256,661.605
202507 274,375.989 323.048 283,608.261
202510 298,236.806 0.000
202601 299,820.013 325.252 307,808.404
202604 289,076.275 333.020 289,855.779
202607 309,290.386 333.918 309,290.386

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of ARS6,069.17 mean?
Analog Devices (BUE:ADI) has a Cyclically Adjusted Book per Share of ARS6,069.17 as of Jul. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Analog Devices and its competitors.
Is Analog Devices' Cyclically Adjusted Book per Share too high?
Analog Devices' current Cyclically Adjusted Book per Share is ARS6,069.17. Overall, Analog Devices has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Analog Devices' Cyclically Adjusted Book per Share compare to QCOM and MRVL?
Analog Devices' Cyclically Adjusted Book per Share of ARS6,069.17 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Semiconductors company?
A good Cyclically Adjusted Book per Share depends on the Semiconductors industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Analog Devices and its competitors. Analog Devices's current Cyclically Adjusted Book per Share is ARS6,069.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Analog Devices stock overvalued right now?
Based on GuruFocus' analysis, Analog Devices (BUE:ADI) is currently considered Modestly Overvalued. The stock's GF Value™ is ARS35,011.95, compared to a current price of ARS38,700.00 — trading 10.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is ARS6,069.17. Analog Devices' overall GF Score™ is 87/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Analog Devices (BUE:ADI), the current Cyclically Adjusted Book per Share is ARS6,069.17 as of Jul. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Analog Devices (BUE:ADI) Overvalued in 2026?

Based on GuruFocus' analysis, Analog Devices stock appears to be overvalued. The current stock price of ARS38,700.00 is trading 10.5% above its estimated GF Value™ of ARS35,011.95. GuruFocus considers Analog Devices to be Modestly Overvalued.

Key valuation signals for BUE:ADI:

  • Cyclically Adjusted Book per Share: ARS6,069.17
  • GF Value™: ARS35,011.95 vs. price of ARS38,700.00 (10.5% above fair value)
  • GF Score™: 87/100 with 6 warning signs

No single metric tells the full story. See the BUE:ADI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Analog Devices Business Description

Address One Analog Way, Wilmington, MA, USA, 01887
Analog Devices is a leading analog, mixed-signal, and digital-signal processing chipmaker. The firm has a significant market share lead in converter chips, which are used to translate analog signals to digital and vice versa. The company serves tens of thousands of customers; more than half of its chip sales are to industrial and automotive end markets. ADI's chips are also incorporated into wireless infrastructure equipment.
87GF Score

Get the complete analysis for BUE:ADI

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ARS38,700.00
Price
ARS35,011.95
GF Value