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TTMI (TTM Technologies) Cyclically Adjusted PB Ratio : 3.15 (As of Jul. 18, 2025)


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What is TTM Technologies Cyclically Adjusted PB Ratio?

As of today (2025-07-18), TTM Technologies's current share price is $45.03. TTM Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $14.30. TTM Technologies's Cyclically Adjusted PB Ratio for today is 3.15.

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

TTMI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.27   Max: 3.23
Current: 3.23

During the past years, TTM Technologies's highest Cyclically Adjusted PB Ratio was 3.23. The lowest was 0.58. And the median was 1.27.

TTMI's Cyclically Adjusted PB Ratio is ranked worse than
69.93% of 1942 companies
in the Hardware industry
Industry Median: 1.705 vs TTMI: 3.23

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.

TTM Technologies's adjusted book value per share data for the three months ended in Mar. 2025 was $15.617. 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 $14.30 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


TTM Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for TTM Technologies'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.

TTM Technologies Cyclically Adjusted PB Ratio Chart

TTM Technologies 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 1.33 1.31 1.21 1.19 1.77

TTM Technologies 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 1.15 1.41 1.31 1.77 1.43

Competitive Comparison of TTM Technologies's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, TTM Technologies'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.


TTM Technologies's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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


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TTM Technologies 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.

TTM Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=45.03/14.30
=3.15

* 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.

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

For example, TTM Technologies'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)
=15.617/134.9266*134.9266
=15.617

Current CPI (Mar. 2025) = 134.9266.

TTM Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201506 8.436 100.684 11.305
201509 8.258 100.392 11.099
201512 8.262 99.792 11.171
201603 8.089 100.470 10.863
201606 8.199 101.688 10.879
201609 8.429 101.861 11.165
201612 8.176 101.863 10.830
201703 8.494 102.862 11.142
201706 8.859 103.349 11.566
201709 9.270 104.136 12.011
201712 9.933 104.011 12.885
201803 10.192 105.290 13.061
201806 11.008 106.317 13.970
201809 11.332 106.507 14.356
201812 11.835 105.998 15.065
201903 11.638 107.251 14.641
201906 11.651 108.070 14.546
201909 11.824 108.329 14.727
201912 12.122 108.420 15.086
202003 12.024 108.902 14.897
202006 13.548 108.767 16.806
202009 13.109 109.815 16.107
202012 13.524 109.897 16.604
202103 13.467 111.754 16.259
202106 13.642 114.631 16.057
202109 13.876 115.734 16.177
202112 14.058 117.630 16.125
202203 14.280 121.301 15.884
202206 14.426 125.017 15.570
202209 14.896 125.227 16.050
202212 15.021 125.222 16.185
202303 14.892 127.348 15.778
202306 14.868 128.729 15.584
202309 14.594 129.860 15.163
202312 14.798 129.419 15.428
202403 14.946 131.776 15.303
202406 14.997 132.554 15.265
202409 15.172 133.029 15.388
202412 15.332 133.157 15.536
202503 15.617 134.927 15.617

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.


TTM Technologies  (NAS:TTMI) 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.


TTM Technologies Cyclically Adjusted PB Ratio Related Terms

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


TTM Technologies Business Description

Industry
Traded in Other Exchanges
Address
200 East Sandpointe, Suite 400, Santa Ana, CA, USA, 92707
TTM Technologies Inc manufactures technology solutions, including mission systems, radio frequency (RF) components/RF microwave/microelectronic assemblies, quick-turn and technologically printed circuit boards (PCB). The company is based in the United States and derives roughly half of its revenue domestically. It organizes itself into two segments: printed circuit boards and RF&S Components. The printed circuit boards segment, which contributes the majority of revenue, offers a range of printed circuit boards as well as layout design and simulation, and testing services. TTM Technologies' products are used in manufacturing, networking, telecommunications, computing, aerospace, and medical fields.
Executives
Douglas L Soder officer: Executive Vice President 1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Daniel J Weber officer: See Remarks 1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Dale Martin Knecht officer: SVP Information Technology 200 EAST SANDPOINTE, SUITE 400, SANTA ANA CA 92707
Catherine A Gridley officer: SVP & President of A&D BU 200 EAST SANDPOINTE, SUITE 400, SANTA ANA CA 92707
Robert P. Farrell officer: President C&C 200 EAST SANDPOINTE, SUITE 400, SANTA ANA CA 92707
Philip Titterton officer: See Remarks 1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Tony Sanchez officer: Vice President & Controller 1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Jeff Jankowsky officer: President, C&C BU 1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Shawn A. Powers officer: EVP, Human Resources 1665 SCENIC AVENUE SUITE 250, COSTA MESA CA 92626
Tom Clapprood officer: President A&D Radar Systems 200 EAST SANDPOINTE, SUITE 400, SANTA ANA CA 92707
Anthony Joseph Sandeen officer: President, AMI&I Business Unit 200 EAST SANDPOINTE, SUITE 400, SANTA ANA CA 92707
Daniel L. Boehle officer: EVP of Finance C/O AEROJET ROCKETDYNE HOLDINGS, INC., 222 N. SEPULVEDA BOULEVARD, SUITE 500, EL SEGUNDO CA 90245
Todd B Schull officer: Executive Vice President 1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Tai Keung Chung officer: See Remarks NO. 4 DAI SHUN STREET, TAI PO INDUSTRIAL ESTATE, TAI PO, NT,, HONG KONG K3 00000
Pamela B. Jackson director 200 EAST SANDPOINTE, SUITE 400, SANTA ANA CA 92707