Teradyne (CHIX:TEYD) Cyclically Adjusted Book per Share: €0.00 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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CHIX:TEYD Teradyne Inc CHIX:TEYD
55 GF Score
Price €343.00
GF Value €182.44
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Teradyne Cyclically Adjusted Book per Share?

Teradyne CHIX:TEYD 55 Cyclically Adjusted Book per Share is €0.00 as of Mar. 2026. GuruFocus rates CHIX:TEYD with a GF Score™ of 55/100 and a GF Value™ of €182.44 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Teradyne's adjusted book value per share for the three months ended in Mar. 2026 was €17.372. 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 €0.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Teradyne's average Cyclically Adjusted Book Growth Rate was 6.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.10% 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 Teradyne was 14.10% per year. The lowest was -4.80% per year. And the median was 5.10% per year.

As of today (2026-07-20), Teradyne's current stock price is €343.00. Teradyne's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.00. Teradyne's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Teradyne was 28.42. The lowest was 2.41. And the median was 7.38.


Teradyne  (CHIX:TEYd) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Teradyne was 28.42. The lowest was 2.41. And the median was 7.38.


Be Aware

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


Teradyne Cyclically Adjusted Book per Share Related Terms


Teradyne Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Teradyne'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.

Teradyne Cyclically Adjusted Book per Share Chart

Teradyne Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
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Teradyne Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 0.00 0.00 0.00 0.00 0.00

CHIX:TEYD vs Q, ENTG, AMKR: Cyclically Adjusted Book per Share Comparison

For the Semiconductor Equipment & Materials subindustry, Teradyne'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.


Teradyne Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


CHIX:TEYD
55GF Score
Teradyne Inc CHIX:TEYD
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Teradyne 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, Teradyne'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)
=17.372/330.2130*330.2130
=17.372

Current CPI (Mar. 2026) = 330.2130.

Teradyne Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.659 241.018 10.493
201609 7.875 241.428 10.771
201612 8.704 241.432 11.905
201703 8.993 243.801 12.180
201706 9.209 244.955 12.414
201709 8.999 246.819 12.040
201712 8.442 246.524 11.308
201803 7.972 249.554 10.549
201806 7.924 251.989 10.384
201809 7.798 252.439 10.200
201812 7.624 251.233 10.021
201903 7.549 254.202 9.806
201906 7.682 256.143 9.903
201909 7.990 256.759 10.276
201912 8.005 256.974 10.286
202003 8.457 258.115 10.819
202006 9.343 257.797 11.967
202009 10.193 260.280 12.932
202012 10.939 260.474 13.868
202103 11.739 264.877 14.635
202106 12.615 271.696 15.332
202109 13.188 274.310 15.876
202112 13.985 278.802 16.564
202203 13.951 287.504 16.023
202206 13.773 296.311 15.349
202209 14.614 296.808 16.259
202212 14.856 296.797 16.529
202303 14.718 301.836 16.102
202306 14.579 305.109 15.779
202309 14.928 307.789 16.016
202312 15.169 306.746 16.329
202403 15.305 312.332 16.181
202406 15.679 314.175 16.479
202409 16.048 315.301 16.807
202412 16.648 315.605 17.419
202503 16.105 319.799 16.629
202506 15.451 322.561 15.818
202509 14.723 324.800 14.968
202512 15.296 324.054 15.587
202603 17.372 330.213 17.372

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 €0.00 mean?
Teradyne (CHIX:TEYD) has a Cyclically Adjusted Book per Share of €0.00 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 Teradyne and its competitors.
Is Teradyne's Cyclically Adjusted Book per Share too high?
Teradyne's current Cyclically Adjusted Book per Share is €0.00. Overall, Teradyne has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Teradyne's Cyclically Adjusted Book per Share compare to Q and ENTG?
Teradyne's Cyclically Adjusted Book per Share of €0.00 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 Teradyne and its competitors. Teradyne's current Cyclically Adjusted Book per Share is €0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teradyne stock overvalued right now?
Based on GuruFocus' analysis, Teradyne (CHIX:TEYD) is currently considered Significantly Overvalued. The stock's GF Value™ is €182.44, compared to a current price of €343.00 — trading 88% above its estimated fair value. The current Cyclically Adjusted Book per Share is €0.00. Teradyne's overall GF Score™ is 55/100 with 3 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 Teradyne (CHIX:TEYD), the current Cyclically Adjusted Book per Share is €0.00 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 Teradyne (CHIX:TEYD) Overvalued in 2026?

Based on GuruFocus' analysis, Teradyne stock appears to be overvalued. The current stock price of €343.00 is trading 88% above its estimated GF Value™ of €182.44. GuruFocus considers Teradyne to be Significantly Overvalued.

Key valuation signals for CHIX:TEYD:

  • Cyclically Adjusted Book per Share: €0.00
  • GF Value™: €182.44 vs. price of €343.00 (88% above fair value)
  • GF Score™: 55/100 with 3 warning signs

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


Teradyne Business Description

Address 600 Riverpark Drive, North Reading, MA, USA, 01864
Teradyne provides testing equipment, including automated test equipment for semiconductors, system testing for hard disk drives, circuit boards, and electronics systems, and wireless testing for devices. The firm entered the industrial automation market in 2015 and sells collaborative and autonomous robots for factory applications. Teradyne serves numerous end markets and geographies, directly and indirectly, through its products, but its most significant exposure is to semiconductor testing. Teradyne serves vertically integrated, fabless, and foundry chipmakers with its equipment.
55GF Score

Get the complete analysis for CHIX:TEYD

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

€343.00
Price
€182.44
GF Value