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Axcelis Technologies (FRA:XXA1) Cyclically Adjusted Book per Share : €16.21 (As of Mar. 2025)


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What is Axcelis Technologies Cyclically Adjusted Book per Share?

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.

Axcelis Technologies's adjusted book value per share for the three months ended in Mar. 2025 was €29.574. 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 €16.21 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Axcelis Technologies's average Cyclically Adjusted Book Growth Rate was 17.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.90% 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 Axcelis Technologies was 16.30% per year. The lowest was -11.10% per year. And the median was -6.40% per year.

As of today (2025-05-29), Axcelis Technologies's current stock price is €51.68. Axcelis Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €16.21. Axcelis Technologies's Cyclically Adjusted PB Ratio of today is 3.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Axcelis Technologies was 14.60. The lowest was 0.79. And the median was 2.96.


Axcelis Technologies Cyclically Adjusted Book per Share Historical Data

The historical data trend for Axcelis Technologies'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.

* Premium members only.

Axcelis Technologies Cyclically Adjusted Book per Share Chart

Axcelis Technologies Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.42 9.10 11.26 13.08 15.99

Axcelis Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 13.97 14.09 14.36 15.99 16.21

Competitive Comparison of Axcelis Technologies's Cyclically Adjusted Book per Share

For the Semiconductor Equipment & Materials subindustry, Axcelis Technologies'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.


Axcelis Technologies's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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


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Axcelis Technologies 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, Axcelis Technologies's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=29.574/134.9266*134.9266
=29.574

Current CPI (Mar. 2025) = 134.9266.

Axcelis Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201506 5.629 100.684 7.543
201509 5.800 100.392 7.795
201512 5.809 99.792 7.854
201603 6.005 100.470 8.064
201606 5.860 101.688 7.775
201609 6.009 101.861 7.960
201612 6.470 101.863 8.570
201703 6.741 102.862 8.842
201706 6.806 103.349 8.886
201709 6.790 104.136 8.798
201712 9.324 104.011 12.095
201803 9.374 105.290 12.013
201806 10.210 106.317 12.958
201809 10.503 106.507 13.306
201812 11.024 105.998 14.033
201903 11.228 107.251 14.125
201906 11.111 108.070 13.872
201909 11.431 108.329 14.238
201912 11.585 108.420 14.417
202003 11.773 108.902 14.586
202006 11.820 108.767 14.663
202009 11.678 109.815 14.348
202012 11.770 109.897 14.451
202103 12.163 111.754 14.685
202106 12.185 114.631 14.342
202109 13.019 115.734 15.178
202112 14.350 117.630 16.460
202203 15.359 121.301 17.084
202206 16.777 125.017 18.107
202209 18.855 125.227 20.316
202212 19.219 125.222 20.708
202303 20.030 127.348 21.222
202306 20.914 128.729 21.921
202309 22.901 129.860 23.795
202312 24.265 129.419 25.298
202403 25.444 131.776 26.052
202406 26.629 132.554 27.106
202409 27.043 133.029 27.429
202412 29.885 133.157 30.282
202503 29.574 134.927 29.574

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


Axcelis Technologies  (FRA:XXA1) 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.

Axcelis Technologies's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=51.68/16.21
=3.19

* 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 Axcelis Technologies was 14.60. The lowest was 0.79. And the median was 2.96.


Be Aware

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


Axcelis Technologies Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Axcelis Technologies's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Axcelis Technologies Business Description

Industry
Traded in Other Exchanges
Address
108 Cherry Hill Drive, Beverly, MA, USA, 01915
Axcelis Technologies Inc designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips. In addition to equipment, the company provides aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services, and customer training. Geographically, the group has a business presence in North America, Asia Pacific, and Europe, of which key revenue is derived from the Asia Pacific.

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