Melexis NV (CHIX:MELEB) Cyclically Adjusted Book per Share: €11.50 (As of Mar. 2026)


CHIX:MELEB Melexis NV CHIX:MELEB
88 GF Score
Price €84.18
GF Value €74.72
Valuation Modestly Overvalued
! 10 Warning Signs
View Full Analysis

What is Melexis NV Cyclically Adjusted Book per Share?

Melexis NV CHIX:MELEB 88 Cyclically Adjusted Book per Share is €11.50 as of Mar. 2026. GuruFocus rates CHIX:MELEB with a GF Score™ of 88/100 and a GF Value™ of €74.72 (Modestly Overvalued). The stock has 10 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.

Melexis NV's adjusted book value per share for the three months ended in Mar. 2026 was €12.676. 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 €11.50 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Melexis NV's average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.20% 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 Melexis NV was 16.00% per year. The lowest was 9.20% per year. And the median was 13.15% per year.

As of today (2026-06-30), Melexis NV's current stock price is €84.175. Melexis NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €11.50. Melexis NV's Cyclically Adjusted PB Ratio of today is 7.32.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Melexis NV was 20.74. The lowest was 4.08. And the median was 10.69.


Melexis NV  (CHIX:MELEb) 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.

Melexis NV's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=84.175/11.50
=7.32

* 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 Melexis NV was 20.74. The lowest was 4.08. And the median was 10.69.


Be Aware

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


Melexis NV Cyclically Adjusted Book per Share Related Terms


Melexis NV Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Melexis NV'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.

Melexis NV Cyclically Adjusted Book per Share Chart

Melexis NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.25 9.00 7.78 11.13 11.65

Melexis NV Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Dec25 Mar26
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 11.13 13.24 10.41 11.65 11.50

CHIX:MELEB vs NVDA, AVGO, MU: Cyclically Adjusted Book per Share Comparison

For the Semiconductors subindustry, Melexis 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.


Melexis NV Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


CHIX:MELEB
88GF Score
Melexis NV CHIX:MELEB
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Melexis NV 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, Melexis NV's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=12.676/135.0710*135.0710
=12.676

Current CPI (Mar. 2026) = 135.0710.

Melexis NV Quarterly Data

Book Value per Share CPI Adj_Book
201603 6.632 101.653 8.812
201606 6.607 102.267 8.726
201609 7.237 102.118 9.572
201612 6.553 102.614 8.626
201703 7.179 103.972 9.326
201706 7.272 103.902 9.453
201709 8.013 104.170 10.390
201712 7.347 104.804 9.469
201803 8.067 105.419 10.336
201806 7.977 106.063 10.159
201809 8.724 106.618 11.052
201812 8.139 107.252 10.250
201903 8.497 107.876 10.639
201906 7.983 107.896 9.994
201909 8.391 107.470 10.546
201912 7.467 108.065 9.333
202003 7.978 108.550 9.927
202006 8.214 108.540 10.222
202009 8.573 108.441 10.678
202012 7.859 108.511 9.783
202103 9.256 109.522 11.415
202106 9.180 110.305 11.241
202109 10.095 111.543 12.224
202112 9.630 114.705 11.340
202203 10.839 118.620 12.342
202206 10.753 120.948 12.009
202209 12.001 124.120 13.060
202212 11.933 126.578 12.734
202303 13.169 126.528 14.058
202306 12.271 125.973 13.157
202309 13.691 127.083 14.552
202312 13.640 128.292 14.361
202403 14.901 130.552 15.417
202406 13.703 130.691 14.162
202409 15.003 130.968 15.473
202412 14.074 132.346 14.364
202503 14.290 134.348 14.367
202506 12.733 133.495 12.883
202512 12.260 135.071 12.260
202603 12.676 135.071 12.676

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 €11.50 mean?
Melexis NV (CHIX:MELEB) has a Cyclically Adjusted Book per Share of €11.50 as of Mar. 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 Melexis NV and its competitors.
Is Melexis NV's Cyclically Adjusted Book per Share too high?
Melexis NV's current Cyclically Adjusted Book per Share is €11.50. Overall, Melexis NV has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Melexis NV's Cyclically Adjusted Book per Share compare to NVDA and AVGO?
Melexis NV's Cyclically Adjusted Book per Share of €11.50 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 Melexis NV and its competitors. Melexis NV's current Cyclically Adjusted Book per Share is €11.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Melexis NV stock overvalued right now?
Based on GuruFocus' analysis, Melexis NV (CHIX:MELEB) is currently considered Modestly Overvalued. The stock's GF Value™ is €74.72, compared to a current price of €84.18 — trading 12.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is €11.50. Melexis NV's overall GF Score™ is 88/100 with 10 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 Melexis NV (CHIX:MELEB), the current Cyclically Adjusted Book per Share is €11.50 as of Mar. 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 Melexis NV (CHIX:MELEB) Overvalued in 2026?

Based on GuruFocus' analysis, Melexis NV stock appears to be overvalued. The current stock price of €84.18 is trading 12.7% above its estimated GF Value™ of €74.72. GuruFocus considers Melexis NV to be Modestly Overvalued.

Key valuation signals for CHIX:MELEB:

  • Cyclically Adjusted Book per Share: €11.50
  • GF Value™: €74.72 vs. price of €84.18 (12.7% above fair value)
  • GF Score™: 88/100 with 10 warning signs

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


Melexis NV Business Description

Address Rozendaalstraat 12, Ieper, BEL, B-8900
Melexis designs analog/mixed-signal automotive semiconductors for the automobile industry. Its chips measure position, temperature, electrical current, and pressure and convert real-world signals into digital signals to control car functionalities like the powertrain, rotation, safety systems, and pumps and fans, among others.
88GF Score

Get the complete analysis for CHIX:MELEB

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

€84.18
Price
€74.72
GF Value