Camtek (XTAE:CAMT) Cyclically Adjusted Book per Share: ₪26.90 (As of Jun. 2026)

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XTAE:CAMT Camtek Ltd XTAE:CAMT
95 GF Score
Price ₪436.00
GF Value ₪346.42
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Camtek Cyclically Adjusted Book per Share?

Camtek XTAE:CAMT +5.52% 95 Cyclically Adjusted Book per Share is ₪26.90 as of Jun. 2026. GuruFocus rates XTAE:CAMT with a GF Score™ of 95/100 and a GF Value™ of ₪346.42 (Modestly Overvalued). The stock has 4 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.

Camtek's adjusted book value per share for the three months ended in Jun. 2026 was ₪45.339. 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 ₪26.90 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Camtek's average Cyclically Adjusted Book Growth Rate was 21.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 20.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 21.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 12.70% 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 Camtek was 22.10% per year. The lowest was -0.70% per year. And the median was 2.00% per year.

As of today (2026-09-18), Camtek's current stock price is ₪436.00. Camtek's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₪26.90. Camtek's Cyclically Adjusted PB Ratio of today is 16.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Camtek was 27.93. The lowest was 1.16. And the median was 7.51.


Camtek  (XTAE:CAMT) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=436.00/26.9
=16.21

* 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 Camtek was 27.93. The lowest was 1.16. And the median was 7.51.


Be Aware

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


Camtek Cyclically Adjusted Book per Share Related Terms


Camtek Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Camtek'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.

Camtek Cyclically Adjusted Book per Share Chart

Camtek 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 11.85 14.70 18.08 21.87 25.72

Camtek 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 22.70 23.60 24.36 25.74 26.90

XTAE:CAMT vs ACMR, FORM, KLIC: Cyclically Adjusted Book per Share Comparison

For the Semiconductor Equipment & Materials subindustry, Camtek'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.


Camtek Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


XTAE:CAMT
95GF Score
Camtek Ltd XTAE:CAMT
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Camtek 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, Camtek'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)
=45.339/333.9520*333.9520
=45.339

Current CPI (Jun. 2026) = 333.9520.

Camtek Quarterly Data

Book Value per Share CPI Adj_Book
201609 7.527 241.428 10.412
201612 7.988 241.432 11.049
201703 7.886 243.801 10.802
201706 7.216 244.955 9.838
201709 8.497 246.819 11.497
201712 8.168 246.524 11.065
201803 8.627 249.554 11.545
201806 8.951 251.989 11.862
201809 9.461 252.439 12.516
201812 10.398 251.233 13.822
201903 10.761 254.202 14.137
201906 12.242 256.143 15.961
201909 11.772 256.759 15.311
201912 12.181 256.974 15.830
202003 12.802 258.115 16.563
202006 12.989 257.797 16.826
202009 13.433 260.280 17.235
202012 16.863 260.474 21.620
202103 18.624 264.877 23.481
202106 19.319 271.696 23.746
202109 20.548 274.310 25.016
202112 20.843 278.802 24.966
202203 22.884 287.504 26.581
202206 26.646 296.311 30.031
202209 28.856 296.808 32.467
202212 30.516 296.797 34.336
202303 32.680 301.836 36.157
202306 35.385 305.109 38.730
202309 38.321 307.789 41.578
202312 38.185 306.746 41.572
202403 35.999 312.332 38.491
202406 39.522 314.175 42.010
202409 42.112 315.301 44.603
202412 44.032 315.605 46.592
202503 48.048 319.799 50.174
202506 46.161 322.561 47.791
202509 41.724 324.800 42.900
202512 42.909 324.054 44.220
202603 46.804 330.213 47.334
202606 45.339 333.952 45.339

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 ₪26.90 mean?
Camtek (XTAE:CAMT) has a Cyclically Adjusted Book per Share of ₪26.90 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 Camtek and its competitors.
Is Camtek's Cyclically Adjusted Book per Share too high?
Camtek's current Cyclically Adjusted Book per Share is ₪26.90. Overall, Camtek has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Camtek's Cyclically Adjusted Book per Share compare to ACMR and FORM?
Camtek's Cyclically Adjusted Book per Share of ₪26.90 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 Camtek and its competitors. Camtek's current Cyclically Adjusted Book per Share is ₪26.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Camtek stock overvalued right now?
Based on GuruFocus' analysis, Camtek (XTAE:CAMT) is currently considered Modestly Overvalued. The stock's GF Value™ is ₪346.42, compared to a current price of ₪436.00 — trading 25.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₪26.90. Camtek's overall GF Score™ is 95/100 with 4 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 Camtek (XTAE:CAMT), the current Cyclically Adjusted Book per Share is ₪26.90 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 Camtek (XTAE:CAMT) Overvalued in 2026?

Based on GuruFocus' analysis, Camtek stock appears to be overvalued. The current stock price of ₪436.00 is trading 25.9% above its estimated GF Value™ of ₪346.42. GuruFocus considers Camtek to be Modestly Overvalued.

Key valuation signals for XTAE:CAMT:

  • Cyclically Adjusted Book per Share: ₪26.90
  • GF Value™: ₪346.42 vs. price of ₪436.00 (25.9% above fair value)
  • GF Score™: 95/100 with 4 warning signs

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


Camtek Business Description

Other Exchanges CAMT:USACMZ:Germany
Address Ramat Gavriel Industrial Zone, P.O. Box 544, Migdal HaEmek, ISR, 23150
Camtek Ltd is engaged in the manufacturing of metrology and inspection equipment and software solutions for the semiconductor industry. Its systems inspect wafers for various semiconductor market segments, including Advanced Packaging, Chiplets, HBM, Compound Semiconductors, Memory, CMOS Image Sensors, Power, RF and MEMS, serving the industry's IDMs, OSATs, and foundries. Geographically, it derives maximum revenue from China followed by Asia Pacific, Korea, United States, and Europe. The company's products and services include Surface Inspection, Bump Inspection and Metrology, and others.
95GF Score

Get the complete analysis for XTAE:CAMT

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

₪436.00
Price
₪346.42
GF Value