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Applied Materials (MEX:AMAT) Cyclically Adjusted Book per Share : MXN275.48 (As of Apr. 2025)


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What is Applied Materials 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.

Applied Materials's adjusted book value per share for the three months ended in Apr. 2025 was MXN462.895. 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 MXN275.48 for the trailing ten years ended in Apr. 2025.

During the past 12 months, Applied Materials's average Cyclically Adjusted Book Growth Rate was 14.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.60% 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 Applied Materials was 28.80% per year. The lowest was 0.50% per year. And the median was 9.70% per year.

As of today (2025-05-28), Applied Materials's current stock price is MXN3120.20. Applied Materials's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2025 was MXN275.48. Applied Materials's Cyclically Adjusted PB Ratio of today is 11.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Applied Materials was 19.79. The lowest was 2.31. And the median was 8.37.


Applied Materials Cyclically Adjusted Book per Share Historical Data

The historical data trend for Applied Materials'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.

Applied Materials Cyclically Adjusted Book per Share Chart

Applied Materials Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 161.17 182.74 200.40 208.97 261.20

Applied Materials Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 219.50 237.01 261.20 281.52 275.48

Competitive Comparison of Applied Materials's Cyclically Adjusted Book per Share

For the Semiconductor Equipment & Materials subindustry, Applied Materials'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.


Applied Materials's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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


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Applied Materials 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, Applied Materials's adjusted Book Value per Share data for the three months ended in Apr. 2025 was:

Adj_Book= Book Value per Share /CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=462.895/135.3468*135.3468
=462.895

Current CPI (Apr. 2025) = 135.3468.

Applied Materials Quarterly Data

Book Value per Share CPI Adj_Book
201507 106.710 100.691 143.438
201510 108.485 100.346 146.324
201601 115.445 99.957 156.318
201604 103.616 100.947 138.926
201607 118.357 101.524 157.789
201610 125.795 101.988 166.941
201701 148.322 102.456 195.936
201704 144.688 103.167 189.818
201707 145.955 103.278 191.276
201710 168.714 104.070 219.419
201801 150.753 104.578 195.108
201804 131.134 105.708 167.902
201807 129.128 106.324 164.376
201810 143.377 106.695 181.880
201901 164.739 106.200 209.952
201904 166.406 107.818 208.893
201907 166.870 108.250 208.640
201910 171.938 108.577 214.330
202001 178.141 108.841 221.524
202004 236.106 108.173 295.417
202007 232.875 109.318 288.324
202010 246.234 109.861 303.357
202101 253.237 110.364 310.561
202104 264.652 112.673 317.910
202107 265.074 115.183 311.478
202110 282.162 116.696 327.259
202201 277.762 118.619 316.932
202204 270.978 121.978 300.677
202207 285.690 125.002 309.333
202210 286.761 125.734 308.684
202301 298.502 126.223 320.079
202304 302.645 127.992 320.036
202307 301.637 128.974 316.541
202310 354.320 129.810 369.434
202401 360.290 130.124 374.750
202404 375.073 132.289 383.742
202407 425.006 132.708 433.458
202410 465.302 133.182 472.865
202501 472.914 134.029 477.564
202504 462.895 135.347 462.895

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


Applied Materials  (MEX:AMAT) 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.

Applied Materials's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3120.20/275.48
=11.33

* 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 Applied Materials was 19.79. The lowest was 2.31. And the median was 8.37.


Be Aware

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


Applied Materials Cyclically Adjusted Book per Share Related Terms

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


Applied Materials Business Description

Industry
Address
3050 Bowers Avenue, P.O. Box 58039, Santa Clara, CA, USA, 95052-8039
Applied Materials Inc is the largest semiconductor wafer fabrication equipment, or WFE, manufacturer in the world. Applied Materials has a broad portfolio spanning nearly every corner of the WFE ecosystem. Specifically, Applied Materials holds a market share leadership position in deposition, which entails the layering of new materials on semiconductor wafers. It is more exposed to general-purpose logic chips made at integrated device manufacturers and foundries. It counts the largest chipmakers in the world as customers, including TSMC, Intel, and Samsung.