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ASM International NV (XAMS:ASM) Cyclically Adjusted Book per Share : €52.07 (As of Mar. 2025)


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What is ASM International NV 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.

ASM International NV's adjusted book value per share for the three months ended in Mar. 2025 was €74.540. 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 €52.07 for the trailing ten years ended in Mar. 2025.

During the past 12 months, ASM International NV's average Cyclically Adjusted Book Growth Rate was 11.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 14.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 15.80% 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 ASM International NV was 46.70% per year. The lowest was 2.20% per year. And the median was 14.80% per year.

As of today (2025-05-30), ASM International NV's current stock price is €497.50. ASM International NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €52.07. ASM International NV's Cyclically Adjusted PB Ratio of today is 9.55.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ASM International NV was 15.37. The lowest was 1.53. And the median was 4.26.


ASM International NV Cyclically Adjusted Book per Share Historical Data

The historical data trend for ASM International NV'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.

ASM International NV Cyclically Adjusted Book per Share Chart

ASM International NV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.87 34.73 41.82 44.87 50.56

ASM International NV Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 46.61 48.04 49.56 50.56 52.07

Competitive Comparison of ASM International NV's Cyclically Adjusted Book per Share

For the Semiconductor Equipment & Materials subindustry, ASM International NV'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.


ASM International NV's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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


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ASM International NV 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, ASM International NV's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=74.54/133.3300*133.3300
=74.540

Current CPI (Mar. 2025) = 133.3300.

ASM International NV Quarterly Data

Book Value per Share CPI Adj_Book
201506 29.235 100.230 38.890
201509 29.555 100.500 39.210
201512 31.575 99.730 42.213
201603 30.679 100.310 40.778
201606 31.393 100.260 41.748
201609 31.803 100.570 42.163
201612 33.405 100.710 44.225
201703 34.010 101.440 44.702
201706 33.494 101.370 44.054
201709 32.399 102.030 42.338
201712 35.830 101.970 46.849
201803 34.134 102.470 44.414
201806 36.088 103.100 46.669
201809 32.126 103.950 41.206
201812 33.284 103.970 42.683
201903 34.768 105.370 43.994
201906 35.883 105.840 45.203
201909 38.062 106.700 47.561
201912 37.217 106.800 46.462
202003 39.034 106.850 48.708
202006 37.843 107.510 46.932
202009 37.679 107.880 46.568
202012 38.073 107.850 47.068
202103 41.040 108.870 50.261
202106 40.861 109.670 49.676
202109 43.582 110.790 52.449
202112 46.156 114.010 53.978
202203 49.645 119.460 55.409
202206 52.097 119.050 58.346
202209 50.707 126.890 53.281
202212 55.738 124.940 59.481
202303 62.598 124.720 66.919
202306 61.805 125.830 65.489
202309 64.667 127.160 67.805
202312 65.583 126.450 69.151
202403 69.540 128.580 72.109
202406 69.286 129.910 71.110
202409 69.861 131.610 70.774
202412 76.320 131.630 77.306
202503 74.540 133.330 74.540

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


ASM International NV  (XAMS:ASM) 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.

ASM International NV's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=497.50/52.07
=9.55

* 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 ASM International NV was 15.37. The lowest was 1.53. And the median was 4.26.


Be Aware

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


ASM International NV Cyclically Adjusted Book per Share Related Terms

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


ASM International NV Business Description

Industry
Address
Versterkerstraat 8, Almere, FL, NLD, 1322 AP
ASM International is a Dutch company that supplies deposition equipment for chip fabrication. It is the leader in atomic layer deposition, or ALD, a precise deposition technique that is required in the most advanced semiconductors. ASM's main clients are foundries TSMC, Samsung, and Intel. Foundries and wafer fab equipment providers like ASM work closely, which gives the firm insight into the customer's innovation and product road maps. Once a machine is established in a fab, it can generate service revenue for decades.