BE Semiconductor Industries NV (XBUL:BSI) Cyclically Adjusted Book per Share: €2.68 (As of Jun. 2026)

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XBUL:BSI BE Semiconductor Industries NV XBUL:BSI
34 GF Score
Price €192.50
GF Value €70.13
Valuation Significantly Overvalued
! 3 Warning Signs
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What is BE Semiconductor Industries NV Cyclically Adjusted Book per Share?

BE Semiconductor Industries NV XBUL:BSI 34 Cyclically Adjusted Book per Share is €2.68 as of Jun. 2026. GuruFocus rates XBUL:BSI with a GF Score™ of 34/100 and a GF Value™ of €70.13 (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.

BE Semiconductor Industries NV's adjusted book value per share for the three months ended in Jun. 2026 was €7.231. 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 €2.68 for the trailing ten years ended in Jun. 2026.

During the past 12 months, BE Semiconductor Industries NV's average Cyclically Adjusted Book Growth Rate was 3.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.00% 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 BE Semiconductor Industries NV was 10.90% per year. The lowest was -0.80% per year. And the median was 3.40% per year.

As of today (2026-08-06), BE Semiconductor Industries NV's current stock price is €192.50. BE Semiconductor Industries NV's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €2.68. BE Semiconductor Industries NV's Cyclically Adjusted PB Ratio of today is 71.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of BE Semiconductor Industries NV was 48.03. The lowest was 3.79. And the median was 10.70.


BE Semiconductor Industries NV  (XBUL:BSI) 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.

BE Semiconductor Industries NV's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=192.50/2.68
=71.83

* 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 BE Semiconductor Industries NV was 48.03. The lowest was 3.79. And the median was 10.70.


Be Aware

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


BE Semiconductor Industries NV Cyclically Adjusted Book per Share Related Terms


BE Semiconductor Industries NV Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for BE Semiconductor Industries 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.

BE Semiconductor Industries NV Cyclically Adjusted Book per Share Chart

BE Semiconductor Industries NV 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 5.61 5.60

BE Semiconductor Industries NV 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 5.89 5.95 5.60 4.23 2.68

XBUL:BSI vs AMAT, LRCX, KLAC: Cyclically Adjusted Book per Share Comparison

For the Semiconductor Equipment & Materials subindustry, BE Semiconductor Industries 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.


BE Semiconductor Industries NV Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

* The bar in red indicates where BE Semiconductor Industries NV's Cyclically Adjusted PB Ratio falls into.


XBUL:BSI
34GF Score
BE Semiconductor Industries NV XBUL:BSI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BE Semiconductor Industries 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, BE Semiconductor Industries NV'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)
=7.231/137.7700*137.7700
=7.231

Current CPI (Jun. 2026) = 137.7700.

BE Semiconductor Industries NV Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.294 100.570 5.882
201612 4.600 100.710 6.293
201703 4.881 101.440 6.629
201706 4.568 101.370 6.208
201709 5.124 102.030 6.919
201712 5.823 101.970 7.867
201803 6.336 102.470 8.519
201806 4.580 103.100 6.120
201809 4.882 103.950 6.470
201812 5.059 103.970 6.704
201903 5.139 105.370 6.719
201906 3.579 105.840 4.659
201909 3.741 106.700 4.830
201912 4.134 106.800 5.333
202003 4.391 106.850 5.662
202006 3.955 107.510 5.068
202009 4.523 107.880 5.776
202012 5.095 107.850 6.508
202103 5.897 108.870 7.462
202106 6.021 109.670 7.564
202109 7.047 110.790 8.763
202112 7.942 114.010 9.597
202203 8.934 119.460 10.303
202206 7.863 119.050 9.099
202209 8.261 126.890 8.969
202212 8.008 124.940 8.830
202303 7.701 124.720 8.507
202306 4.882 125.830 5.345
202309 4.865 127.160 5.271
202312 5.472 126.450 5.962
202403 6.246 128.580 6.692
202406 5.448 129.910 5.778
202409 5.855 131.610 6.129
202412 6.320 131.630 6.615
202503 6.488 133.330 6.704
202506 4.509 133.960 4.637
202509 4.575 135.920 4.637
202512 5.252 135.270 5.349
202603 5.766 136.910 5.802
202606 7.231 137.770 7.231

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 €2.68 mean?
BE Semiconductor Industries NV (XBUL:BSI) has a Cyclically Adjusted Book per Share of €2.68 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 BE Semiconductor Industries NV and its competitors.
Is BE Semiconductor Industries NV's Cyclically Adjusted Book per Share too high?
BE Semiconductor Industries NV's current Cyclically Adjusted Book per Share is €2.68. Overall, BE Semiconductor Industries NV has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BE Semiconductor Industries NV's Cyclically Adjusted Book per Share compare to AMAT and LRCX?
BE Semiconductor Industries NV's Cyclically Adjusted Book per Share of €2.68 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 BE Semiconductor Industries NV and its competitors. BE Semiconductor Industries NV's current Cyclically Adjusted Book per Share is €2.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BE Semiconductor Industries NV stock overvalued right now?
Based on GuruFocus' analysis, BE Semiconductor Industries NV (XBUL:BSI) is currently considered Significantly Overvalued. The stock's GF Value™ is €70.13, compared to a current price of €192.50 — trading 174.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is €2.68. BE Semiconductor Industries NV's overall GF Score™ is 34/100 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 BE Semiconductor Industries NV (XBUL:BSI), the current Cyclically Adjusted Book per Share is €2.68 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 BE Semiconductor Industries NV (XBUL:BSI) Overvalued in 2026?

Based on GuruFocus' analysis, BE Semiconductor Industries NV stock appears to be overvalued. The current stock price of €192.50 is trading 174.5% above its estimated GF Value™ of €70.13. GuruFocus considers BE Semiconductor Industries NV to be Significantly Overvalued.

Key valuation signals for XBUL:BSI:

  • Cyclically Adjusted Book per Share: €2.68
  • GF Value™: €70.13 vs. price of €192.50 (174.5% above fair value)
  • GF Score™: 34/100 with 3 warning signs

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


BE Semiconductor Industries NV Business Description

Address Ratio 6, Duiven, NLD, 6921 RW
BE Semiconductor Industries supplies advanced packaging equipment for the semiconductor industry. Besi has a highly focused product portfolio coupled with a flexible business model, which allows it to maintain high gross and operating margins. Besi's main clients include the world's largest logic and memory foundries (TSMC, Samsung, Intel, and Micron) as well as integrated device manufacturers and outsourced assembly and test companies.
34GF Score

Get the complete analysis for XBUL:BSI

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

€192.50
Price
€70.13
GF Value