Keysight Technologies (MEX:KEYS) Cyclically Adjusted Book per Share: MXN420.81 (As of Apr. 2026)

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MEX:KEYS Keysight Technologies Inc MEX:KEYS
67 GF Score
Price MXN5,854.19
GF Value MXN3,471.85
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Keysight Technologies Cyclically Adjusted Book per Share?

Keysight Technologies MEX:KEYS 67 Cyclically Adjusted Book per Share is MXN420.81 as of Apr. 2026. GuruFocus rates MEX:KEYS with a GF Score™ of 67/100 and a GF Value™ of MXN3,471.85 (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.

Keysight Technologies's adjusted book value per share for the three months ended in Apr. 2026 was MXN649.501. 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 MXN420.81 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Keysight Technologies's average Cyclically Adjusted Book Growth Rate was 15.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.60% 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 Keysight Technologies was 13.60% per year. The lowest was 13.60% per year. And the median was 13.60% per year.

As of today (2026-08-08), Keysight Technologies's current stock price is MXN5854.19. Keysight Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was MXN420.81. Keysight Technologies's Cyclically Adjusted PB Ratio of today is 13.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Keysight Technologies was 15.02. The lowest was 6.29. And the median was 8.85.


Keysight Technologies  (MEX:KEYS) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5854.19/420.81
=13.91

* 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 Keysight Technologies was 15.02. The lowest was 6.29. And the median was 8.85.


Be Aware

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


Keysight Technologies Cyclically Adjusted Book per Share Related Terms


Keysight Technologies Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Keysight 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.

Keysight Technologies Cyclically Adjusted Book per Share Chart

Keysight Technologies Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 251.27 301.81 402.73 374.93

Keysight Technologies Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 402.40 409.24 374.93 409.35 420.81

MEX:KEYS vs COHR, GRMN, TDY: Cyclically Adjusted Book per Share Comparison

For the Scientific & Technical Instruments subindustry, Keysight 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.


Keysight Technologies Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


MEX:KEYS
67GF Score
Keysight Technologies Inc MEX:KEYS
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Keysight 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, Keysight Technologies's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book= Book Value per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=649.501/333.0200*333.0200
=649.501

Current CPI (Apr. 2026) = 333.0200.

Keysight Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201607 176.555 240.628 244.345
201610 167.527 241.729 230.795
201701 199.982 242.839 274.248
201704 222.656 244.524 303.238
201707 213.404 244.786 290.326
201710 237.954 246.663 321.262
201801 246.435 247.867 331.096
201804 253.400 250.546 336.813
201807 259.458 252.006 342.868
201810 264.097 252.885 347.785
201901 269.513 251.712 356.571
201904 283.298 255.548 369.183
201907 297.132 256.571 385.667
201910 307.193 257.346 397.525
202001 314.532 257.971 406.036
202004 396.650 256.389 515.203
202007 397.579 259.101 511.004
202010 378.559 260.388 484.153
202101 384.856 261.582 489.960
202104 387.529 267.054 483.254
202107 404.470 273.003 493.389
202110 427.515 276.589 514.739
202201 432.492 281.148 512.287
202204 427.663 289.109 492.618
202207 445.192 296.276 500.404
202210 462.675 298.012 517.026
202301 465.615 299.170 518.298
202304 475.991 303.363 522.524
202307 460.458 305.691 501.623
202310 481.207 307.671 520.854
202401 474.014 308.417 511.827
202404 480.068 313.548 509.881
202407 560.540 314.540 593.473
202410 592.525 315.664 625.104
202501 618.155 317.671 648.023
202504 624.612 320.795 648.415
202507 620.100 323.048 639.242
202510 636.853 0.000
202601 628.099 325.252 643.100
202604 649.501 333.020 649.501

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 MXN420.81 mean?
Keysight Technologies (MEX:KEYS) has a Cyclically Adjusted Book per Share of MXN420.81 as of Apr. 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 Keysight Technologies and its competitors.
Is Keysight Technologies' Cyclically Adjusted Book per Share too high?
Keysight Technologies' current Cyclically Adjusted Book per Share is MXN420.81. Overall, Keysight Technologies has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Keysight Technologies' Cyclically Adjusted Book per Share compare to COHR and GRMN?
Keysight Technologies' Cyclically Adjusted Book per Share of MXN420.81 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware 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 Keysight Technologies and its competitors. Keysight Technologies's current Cyclically Adjusted Book per Share is MXN420.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keysight Technologies stock overvalued right now?
Based on GuruFocus' analysis, Keysight Technologies (MEX:KEYS) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN3,471.85, compared to a current price of MXN5,854.19 — trading 68.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is MXN420.81. Keysight Technologies' overall GF Score™ is 67/100 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 Keysight Technologies (MEX:KEYS), the current Cyclically Adjusted Book per Share is MXN420.81 as of Apr. 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 Keysight Technologies (MEX:KEYS) Overvalued in 2026?

Based on GuruFocus' analysis, Keysight Technologies stock appears to be overvalued. The current stock price of MXN5,854.19 is trading 68.6% above its estimated GF Value™ of MXN3,471.85. GuruFocus considers Keysight Technologies to be Significantly Overvalued.

Key valuation signals for MEX:KEYS:

  • Cyclically Adjusted Book per Share: MXN420.81
  • GF Value™: MXN3,471.85 vs. price of MXN5,854.19 (68.6% above fair value)
  • GF Score™: 67/100 with 6 warning signs

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


Keysight Technologies Business Description

Address 1400 Fountaingrove Parkway, Santa Rosa, CA, USA, 95403
Keysight Technologies is a leader in the field of testing and measurement, helping electronics OEMs and suppliers alike bring products to market to fit industry standards and specifications. Keysight specializes in the communications market, but also supplies into the government, automotive, industrial, and semiconductor manufacturing markets. Keysight's solutions include testing tools, analytical software, and services. The firm's stated objective is to reduce time to market and improve efficiency at its more than 30,000 customers.
67GF Score

Get the complete analysis for MEX:KEYS

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

MXN5,854.19
Price
MXN3,471.85
GF Value