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AEIS (Advanced Energy Industries) Cyclically Adjusted PB Ratio : 6.36 (As of Jul. 23, 2025)


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What is Advanced Energy Industries Cyclically Adjusted PB Ratio?

As of today (2025-07-23), Advanced Energy Industries's current share price is $142.84. Advanced Energy Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $22.47. Advanced Energy Industries's Cyclically Adjusted PB Ratio for today is 6.36.

The historical rank and industry rank for Advanced Energy Industries's Cyclically Adjusted PB Ratio or its related term are showing as below:

AEIS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.51   Med: 5.35   Max: 9.43
Current: 6.26

During the past years, Advanced Energy Industries's highest Cyclically Adjusted PB Ratio was 9.43. The lowest was 2.51. And the median was 5.35.

AEIS's Cyclically Adjusted PB Ratio is ranked worse than
84.5% of 2226 companies
in the Industrial Products industry
Industry Median: 2.15 vs AEIS: 6.26

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.

Advanced Energy Industries's adjusted book value per share data for the three months ended in Mar. 2025 was $32.472. 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 $22.47 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Advanced Energy Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Advanced Energy Industries's Cyclically Adjusted PB Ratio 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.

Advanced Energy Industries Cyclically Adjusted PB Ratio Chart

Advanced Energy Industries Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.41 6.02 4.92 5.55 5.31

Advanced Energy Industries Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB Ratio 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 5.01 5.21 4.93 5.31 4.24

Competitive Comparison of Advanced Energy Industries's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Advanced Energy Industries'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.


Advanced Energy Industries's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Advanced Energy Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Advanced Energy Industries Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Advanced Energy Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=142.84/22.47
=6.36

* 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.

Advanced Energy Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Advanced Energy Industries'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)
=32.472/134.9266*134.9266
=32.472

Current CPI (Mar. 2025) = 134.9266.

Advanced Energy Industries Quarterly Data

Book Value per Share CPI Adj_Book
201506 6.350 100.684 8.510
201509 6.711 100.392 9.020
201512 6.630 99.792 8.964
201603 7.248 100.470 9.734
201606 8.111 101.688 10.762
201609 8.939 101.861 11.841
201612 9.873 101.863 13.078
201703 10.920 102.862 14.324
201706 12.152 103.349 15.865
201709 13.840 104.136 17.932
201712 13.146 104.011 17.053
201803 14.588 105.290 18.694
201806 15.163 106.317 19.243
201809 15.473 106.507 19.602
201812 15.900 105.998 20.239
201903 16.258 107.251 20.453
201906 17.113 108.070 21.366
201909 17.208 108.329 21.433
201912 17.642 108.420 21.955
202003 17.918 108.902 22.200
202006 18.730 108.767 23.235
202009 20.071 109.815 24.661
202012 21.276 109.897 26.122
202103 22.030 111.754 26.598
202106 22.822 114.631 26.863
202109 22.258 115.734 25.949
202112 23.168 117.630 26.575
202203 23.981 121.301 26.675
202206 24.717 125.017 26.676
202209 26.456 125.227 28.505
202212 28.488 125.222 30.696
202303 29.202 127.348 30.940
202306 29.888 128.729 31.327
202309 29.530 129.860 30.682
202312 30.660 129.419 31.965
202403 30.531 131.776 31.261
202406 30.928 132.554 31.482
202409 30.910 133.029 31.351
202412 31.905 133.157 32.329
202503 32.472 134.927 32.472

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


Advanced Energy Industries  (NAS:AEIS) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Advanced Energy Industries Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Advanced Energy Industries's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Advanced Energy Industries Business Description

Traded in Other Exchanges
Address
1595 Wynkoop Street, Suite 800, Denver, CO, USA, 80202
Advanced Energy Industries Inc provides precision power-conversion measurement and control solutions that transform power into various forms for use in manufacturing and industrial equipment and applications. The firm serves original equipment manufacturers and end customers in the semiconductor, flat panel display, solar panel, and other industrial capital equipment markets. Products include thin-film power-conversion systems, which control and modify raw electrical power into a customizable, predictable power source, and power control modules, which control and measure temperature during manufacturing cycles. A majority of the firm's revenue is generated in United States, with the rest from Mexico, Taiwan, China and All others.
Executives
Eduardo Bernal Acebedo officer: EVP and COO 1595 WYNKOOP STREET, SUITE 800, DENVER CO 80202
Paul R Oldham officer: EVP, CFO 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Lanesha Minnix director TWO LAKESIDE COMMONS, BUILDING TWO, 980 HAMMOND DRIVE, SUITE 500, ATLANTA GA 30328
Tina Donikowski director 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Frederick Ball director C/O MARKETO, INC., 901 MARINER'S ISLAND BLVD., SUITE 500, SAN MATEO CA 94404
Anne Delsanto director 1133 INNOVATION WAY, SUNNYVALE CA 94089
Ronald C Foster director 8000 S FEDERAL WAY, MS 1-557, BOISE ID 83716
John Donaghey officer: EVP, Global Sales 1595 WYNKOOP STREET, SUITE 800, DENVER CO 80202
Brian Shirley director 8000 S FEDERAL WAY, MS 1-557, BOISE ID 83716
Elizabeth Karpinski Vonne officer: EVP, General Counsel 1595 WYNKOOP STREET, SUITE 800, DENVER CO 80202
Reed David director 6501 WILLIAM CANNON DRIVE WEST, AUSTIN TX 78735
Stephen Douglas Kelley officer: President and CEO 1900 S. PRICE ROAD, CHANDLER AZ 85286
Yuval Wasserman officer: EVP, Sales, Service & Mktg 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Dana Edward Huth officer: CHIEF REVENUE OFFICER 1595 WYNKOOP STREET, SUITE 800, DENVER CO 80202
Thomas O Mcgimpsey officer: EVP Gen Counsel & Corp Sec 380 INTERLOCKEN CRESCENT, BROOMFIELD CO 80021