Teradyne (MEX:TER) Cyclically Adjusted Book per Share: MXN305.37 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:TER Teradyne Inc MEX:TER
66 GF Score
Price MXN5,720.00
GF Value MXN3,683.81
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Teradyne Cyclically Adjusted Book per Share?

Teradyne MEX:TER -11.80% 66 Cyclically Adjusted Book per Share is MXN305.37 as of Jun. 2026. GuruFocus rates MEX:TER with a GF Score™ of 66/100 and a GF Value™ of MXN3,683.81 (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.

Teradyne's adjusted book value per share for the three months ended in Jun. 2026 was MXN388.110. 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 MXN305.37 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Teradyne's average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.10% 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 Teradyne was 14.10% per year. The lowest was -4.80% per year. And the median was 5.10% per year.

As of today (2026-09-15), Teradyne's current stock price is MXN5720.00. Teradyne's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN305.37. Teradyne's Cyclically Adjusted PB Ratio of today is 18.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Teradyne was 28.42. The lowest was 2.54. And the median was 7.55.


Teradyne  (MEX:TER) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5720.00/305.369
=18.73

* 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 Teradyne was 28.42. The lowest was 2.54. And the median was 7.55.


Be Aware

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


Teradyne Cyclically Adjusted Book per Share Related Terms


Teradyne Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Teradyne'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.

Teradyne Cyclically Adjusted Book per Share Chart

Teradyne 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 209.45 237.75 255.88 280.50 297.37

Teradyne 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 283.21 287.38 289.06 297.79 305.37

MEX:TER vs Q, ENTG, ONTO: Cyclically Adjusted Book per Share Comparison

For the Semiconductor Equipment & Materials subindustry, Teradyne'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.


Teradyne Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


MEX:TER
66GF Score
Teradyne Inc MEX:TER
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Teradyne 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, Teradyne'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)
=388.11/333.9520*333.9520
=388.110

Current CPI (Jun. 2026) = 333.9520.

Teradyne Quarterly Data

Book Value per Share CPI Adj_Book
201609 171.048 241.428 236.600
201612 189.144 241.432 261.627
201703 181.160 243.801 248.148
201706 187.274 244.955 255.314
201709 194.774 246.819 263.534
201712 195.471 246.524 264.793
201803 179.418 249.554 240.096
201806 181.951 251.989 241.133
201809 170.146 252.439 225.086
201812 170.810 251.233 227.050
201903 165.467 254.202 217.378
201906 166.760 256.143 217.417
201909 173.738 256.759 225.971
201912 167.966 256.974 218.281
202003 219.224 258.115 283.634
202006 243.124 257.797 314.944
202009 265.046 260.280 340.067
202012 265.173 260.474 339.977
202103 285.945 264.877 360.514
202106 302.627 271.696 371.970
202109 318.765 274.310 388.073
202112 323.396 278.802 387.367
202203 306.403 287.504 355.904
202206 293.741 296.311 331.056
202209 290.950 296.808 327.361
202212 306.685 296.797 345.078
202303 284.522 301.836 314.796
202306 270.905 305.109 296.515
202309 276.870 307.789 300.405
202312 280.127 306.746 304.972
202403 276.512 312.332 295.652
202406 308.613 314.175 328.040
202409 349.141 315.301 369.794
202412 362.479 315.605 383.551
202503 356.199 319.799 371.963
202506 336.677 322.561 348.566
202509 316.795 324.800 325.721
202512 322.038 324.054 331.874
202603 362.330 330.213 366.433
202606 388.110 333.952 388.110

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 MXN305.37 mean?
Teradyne (MEX:TER) has a Cyclically Adjusted Book per Share of MXN305.37 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 Teradyne and its competitors.
Is Teradyne's Cyclically Adjusted Book per Share too high?
Teradyne's current Cyclically Adjusted Book per Share is MXN305.37. Overall, Teradyne has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Teradyne's Cyclically Adjusted Book per Share compare to Q and ENTG?
Teradyne's Cyclically Adjusted Book per Share of MXN305.37 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 Teradyne and its competitors. Teradyne's current Cyclically Adjusted Book per Share is MXN305.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teradyne stock overvalued right now?
Based on GuruFocus' analysis, Teradyne (MEX:TER) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN3,683.81, compared to a current price of MXN5,720.00 — trading 55.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is MXN305.37. Teradyne's overall GF Score™ is 66/100 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 Teradyne (MEX:TER), the current Cyclically Adjusted Book per Share is MXN305.37 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 Teradyne (MEX:TER) Overvalued in 2026?

Based on GuruFocus' analysis, Teradyne stock appears to be overvalued. The current stock price of MXN5,720.00 is trading 55.3% above its estimated GF Value™ of MXN3,683.81. GuruFocus considers Teradyne to be Significantly Overvalued.

Key valuation signals for MEX:TER:

  • Cyclically Adjusted Book per Share: MXN305.37
  • GF Value™: MXN3,683.81 vs. price of MXN5,720.00 (55.3% above fair value)
  • GF Score™: 66/100 with 3 warning signs

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


Teradyne Business Description

Address 600 Riverpark Drive, North Reading, MA, USA, 01864
Teradyne provides testing equipment, including automated test equipment for semiconductors, system testing for hard disk drives, circuit boards, and electronics systems, and wireless testing for devices. The firm entered the industrial automation market in 2015 and sells collaborative and autonomous robots for factory applications. Teradyne serves numerous end markets and geographies, directly and indirectly, through its products, but its most significant exposure is to semiconductor testing. Teradyne serves vertically integrated, fabless, and foundry chipmakers with its equipment.
66GF Score

Get the complete analysis for MEX:TER

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

MXN5,720.00
Price
MXN3,683.81
GF Value