ASMPT (HKSE:00522) Cyclically Adjusted Book per Share: HK$35.85 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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HKSE:00522 ASMPT Ltd HKSE:00522
75 GF Score
Price HK$162.00
GF Value HK$102.67
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is ASMPT Cyclically Adjusted Book per Share?

ASMPT HKSE:00522 +2.92% 75 Cyclically Adjusted Book per Share is HK$35.85 as of Jun. 2026. GuruFocus rates HKSE:00522 with a GF Score™ of 75/100 and a GF Value™ of HK$102.67 (Significantly Overvalued). The stock has 3 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.

ASMPT's adjusted book value per share for the three months ended in Jun. 2026 was HK$41.262. 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 HK$35.85 for the trailing ten years ended in Jun. 2026.

During the past 12 months, ASMPT's average Cyclically Adjusted Book Growth Rate was 10.50% per year. During the past 3 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 ASMPT was 13.20% per year. The lowest was 13.20% per year. And the median was 13.20% per year.

As of today (2026-09-03), ASMPT's current stock price is HK$162.00. ASMPT's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was HK$35.85. ASMPT's Cyclically Adjusted PB Ratio of today is 4.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ASMPT was 5.71. The lowest was 1.81. And the median was 2.92.


ASMPT  (HKSE:00522) 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.

ASMPT's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=162.00/35.85
=4.52

* 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 ASMPT was 5.71. The lowest was 1.81. And the median was 2.92.


Be Aware

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


ASMPT Cyclically Adjusted Book per Share Related Terms


ASMPT Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for ASMPT'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.

ASMPT Cyclically Adjusted Book per Share Chart

ASMPT 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 0.00 23.28 26.80 30.36 33.77

ASMPT Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 32.44 0.00 33.77 0.00 35.85

HKSE:00522 vs LRCX, AMAT, KLAC: Cyclically Adjusted Book per Share Comparison

For the Semiconductor Equipment & Materials subindustry, ASMPT'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.


ASMPT Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


HKSE:00522
75GF Score
ASMPT Ltd HKSE:00522
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ASMPT 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, ASMPT's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=41.262/333.9520*333.9520
=41.262

Current CPI (Jun. 2026) = 333.9520.

ASMPT Quarterly Data

Book Value per Share CPI Adj_Book
201212 16.423 229.601 23.887
201306 16.771 233.504 23.985
201312 17.675 233.049 25.328
201406 19.307 238.343 27.052
201412 20.385 234.812 28.992
201506 20.508 238.638 28.699
201512 19.792 236.525 27.945
201606 21.053 241.018 29.171
201612 22.100 241.432 30.569
201706 25.603 244.955 34.905
201712 27.939 246.524 37.847
201806 29.328 251.989 38.867
201812 29.920 251.233 39.771
201906 28.811 256.143 37.563
201912 28.438 256.974 36.957
202006 28.308 257.797 36.670
202009 0.000 260.280 0.000
202012 32.059 260.474 41.103
202103 0.000 264.877 0.000
202106 32.913 271.696 40.455
202109 0.000 274.310 0.000
202112 37.013 278.802 44.335
202203 0.000 287.504 0.000
202206 37.416 296.311 42.169
202209 0.000 296.808 0.000
202212 38.154 296.797 42.930
202303 0.000 301.836 0.000
202306 37.807 305.109 41.381
202309 0.000 307.789 0.000
202312 37.855 306.746 41.212
202403 0.000 312.332 0.000
202406 37.234 314.175 39.578
202409 0.000 315.301 0.000
202412 36.471 315.605 38.591
202503 0.000 319.799 0.000
202506 39.177 322.561 40.561
202509 0.000 324.800 0.000
202512 40.755 324.054 42.000
202603 0.000 330.213 0.000
202606 41.262 333.952 41.262

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 HK$35.85 mean?
ASMPT (HKSE:00522) has a Cyclically Adjusted Book per Share of HK$35.85 as of Jun. 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 ASMPT and its competitors.
Is ASMPT's Cyclically Adjusted Book per Share too high?
ASMPT's current Cyclically Adjusted Book per Share is HK$35.85. Overall, ASMPT has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASMPT's Cyclically Adjusted Book per Share compare to LRCX and AMAT?
ASMPT's Cyclically Adjusted Book per Share of HK$35.85 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 ASMPT and its competitors. ASMPT's current Cyclically Adjusted Book per Share is HK$35.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASMPT stock overvalued right now?
Based on GuruFocus' analysis, ASMPT (HKSE:00522) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$102.67, compared to a current price of HK$162.00 — trading 57.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is HK$35.85. ASMPT's overall GF Score™ is 75/100 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 ASMPT (HKSE:00522), the current Cyclically Adjusted Book per Share is HK$35.85 as of Jun. 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 ASMPT (HKSE:00522) Overvalued in 2026?

Based on GuruFocus' analysis, ASMPT stock appears to be overvalued. The current stock price of HK$162.00 is trading 57.8% above its estimated GF Value™ of HK$102.67. GuruFocus considers ASMPT to be Significantly Overvalued.

Key valuation signals for HKSE:00522:

  • Cyclically Adjusted Book per Share: HK$35.85
  • GF Value™: HK$102.67 vs. price of HK$162.00 (57.8% above fair value)
  • GF Score™: 75/100 with 3 warning signs

No single metric tells the full story. See the HKSE:00522 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ASMPT Business Description

Address 2 Yishun Avenue 7, Singapore, SGP, 768924
ASMPT designs, manufactures, and sells precision equipment used to assemble semiconductors and other electronic equipment. Listed on the Hong Kong Stock Exchange since 1989, ASMPT is headquartered in Hong Kong and has operations in Asia, Europe, and the US. It is the largest supplier globally in both the assembly and packaging equipment market and the surface mounted technology market. Recent growth has been driven by the growing use of advanced packaging in high end memory and logic semiconductors.
75GF Score

Get the complete analysis for HKSE:00522

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

HK$162.00
Price
HK$102.67
GF Value