ICHR (Ichor Holdings) Cyclically Adjusted Book per Share: $16.66 (As of Mar. 2026)


ICHR Ichor Holdings Ltd ICHR
60 GF Score
Price $111.87
GF Value $31.24
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Ichor Holdings Cyclically Adjusted Book per Share?

Ichor Holdings ICHR -0.45% 60 Cyclically Adjusted Book per Share is $16.66 as of Mar. 2026. GuruFocus rates ICHR with a GF Score™ of 60/100 and a GF Value™ of $31.24 (Significantly 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.

Ichor Holdings's adjusted book value per share for the three months ended in Mar. 2026 was $19.226. 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 $16.66 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-07-02), Ichor Holdings's current stock price is $111.87. Ichor Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $16.66. Ichor Holdings's Cyclically Adjusted PB Ratio of today is 6.71.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Ichor Holdings was 6.74. The lowest was 0.93. And the median was 1.52.


Ichor Holdings  (NAS:ICHR) 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.

Ichor Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=111.87/16.66
=6.71

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Ichor Holdings was 6.74. The lowest was 0.93. And the median was 1.52.


Be Aware

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


Ichor Holdings Cyclically Adjusted Book per Share Related Terms


Ichor Holdings Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Ichor Holdings'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.

Ichor Holdings Cyclically Adjusted Book per Share Chart

Ichor Holdings 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 0.00 0.00 0.00 16.28

Ichor Holdings 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 15.00 15.71 16.28 16.66

ICHR vs COHU, AEHR, AMBA: Cyclically Adjusted Book per Share Comparison

For the Semiconductor Equipment & Materials subindustry, Ichor Holdings'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.


Ichor Holdings Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


ICHR
60GF Score
Ichor Holdings Ltd ICHR
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ichor Holdings 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, Ichor Holdings'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)
=19.226/330.2130*330.2130
=19.226

Current CPI (Mar. 2026) = 330.2130.

Ichor Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 241.018 0.000
201609 5.570 241.428 7.618
201612 5.938 241.432 8.122
201703 6.545 243.801 8.865
201706 6.974 244.955 9.401
201709 7.588 246.819 10.152
201712 8.372 246.524 11.214
201803 9.036 249.554 11.957
201806 9.586 251.989 12.562
201809 9.347 252.439 12.227
201812 8.920 251.233 11.724
201903 9.016 254.202 11.712
201906 9.089 256.143 11.717
201909 9.216 256.759 11.853
201912 9.789 256.974 12.579
202003 10.064 258.115 12.875
202006 10.415 257.797 13.341
202009 10.996 260.280 13.950
202012 14.752 260.474 18.702
202103 15.357 264.877 19.145
202106 16.185 271.696 19.671
202109 16.919 274.310 20.367
202112 17.538 278.802 20.772
202203 17.878 287.504 20.534
202206 18.699 296.311 20.838
202209 19.786 296.808 22.013
202212 20.355 296.797 22.647
202303 20.440 301.836 22.362
202306 19.742 305.109 21.366
202309 19.495 307.789 20.915
202312 19.184 306.746 20.652
202403 20.833 312.332 22.026
202406 20.663 314.175 21.718
202409 20.675 315.301 21.653
202412 20.624 315.605 21.579
202503 20.531 319.799 21.200
202506 20.271 322.561 20.752
202509 19.669 324.800 19.997
202512 19.280 324.054 19.646
202603 19.226 330.213 19.226

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 $16.66 mean?
Ichor Holdings (ICHR) has a Cyclically Adjusted Book per Share of $16.66 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 Ichor Holdings and its competitors.
Is Ichor Holdings' Cyclically Adjusted Book per Share too high?
Ichor Holdings' current Cyclically Adjusted Book per Share is $16.66. Overall, Ichor Holdings has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ichor Holdings' Cyclically Adjusted Book per Share compare to COHU and AEHR?
Ichor Holdings' Cyclically Adjusted Book per Share of $16.66 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 Ichor Holdings and its competitors. Ichor Holdings's current Cyclically Adjusted Book per Share is $16.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichor Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ichor Holdings (ICHR) is currently considered Significantly Overvalued. The stock's GF Value™ is $31.24, compared to a current price of $111.87 — trading 258.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is $16.66. Ichor Holdings' overall GF Score™ is 60/100 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 Ichor Holdings (ICHR), the current Cyclically Adjusted Book per Share is $16.66 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 Ichor Holdings (ICHR) Overvalued in 2026?

Based on GuruFocus' analysis, Ichor Holdings stock appears to be overvalued. The current stock price of $111.87 is trading 258.1% above its estimated GF Value™ of $31.24. GuruFocus considers Ichor Holdings to be Significantly Overvalued.

Key valuation signals for ICHR:

  • Cyclically Adjusted Book per Share: $16.66
  • GF Value™: $31.24 vs. price of $111.87 (258.1% above fair value)
  • GF Score™: 60/100 with 6 warning signs

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


Ichor Holdings Business Description

Other Exchanges 0Z0F:UK4IH:Germany
Address 3185 Laurelview Court, Fremont, CA, USA, 94538
Ichor Holdings Ltd designs, engineers, and manufactures critical fluid delivery subsystems and components mainly for semiconductor capital equipment, along with solutions for defense/aerospace and medical industries. Its product portfolio includes gas and chemical delivery subsystems that enable precise delivery, monitoring, and control of specialized gases and reactive liquid chemistries used in semiconductor manufacturing processes such as etch, electroplating, and cleaning. The company also provides precision-machined components, weldments, e-beam and laser-welded components, as well as precision vacuum and hydrogen brazing. Geographically, the company operates across the United States, Singapore, Europe, and other regions, with Singapore contributing the majority of revenue.
60GF Score

Get the complete analysis for ICHR

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

$111.87
Price
$31.24
GF Value