Silex Systems (ASX:SLX) Cyclically Adjusted PB Ratio: 12.18 (As of Jul. 14, 2026) — 19% Above Median

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ASX:SLX Silex Systems Ltd ASX:SLX
53 GF Score
Price A$4.75
GF Value A$8.35
Valuation Possible Value Trap
! 1 Warning Sign
View Full Analysis

What is Silex Systems Cyclically Adjusted PB Ratio?

Silex Systems ASX:SLX -9.52% 53 Cyclically Adjusted PB Ratio is 12.18 as of Jul. 14, 2026, which is 19% above its 10-year median of 10.27. GuruFocus rates ASX:SLX with a GF Score™ of 53/100 and a GF Value™ of A$8.35 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 736 Semiconductors companies, Silex Systems ranks worse than 87.36% on this metric.

As of today (2026-07-14), Silex Systems's current share price is A$4.75. Silex Systems's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 was A$0.39. Silex Systems's Cyclically Adjusted PB Ratio for today is 12.18.

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

ASX:SLX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.98   Med: 10.27   Max: 26.51
Current: 14.7

During the past 13 years, Silex Systems's highest Cyclically Adjusted PB Ratio was 26.51. The lowest was 4.98. And the median was 10.27.

ASX:SLX's Cyclically Adjusted PB Ratio is ranked worse than
87.36% of 736 companies
in the Semiconductors industry
Industry Median: 3.49 vs ASX:SLX: 14.70

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.

Silex Systems's adjusted book value per share data of for the fiscal year that ended in Jun25 was A$0.382. 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 A$0.39 for the trailing ten years ended in Jun25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Silex Systems  (ASX:SLX) 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.


Silex Systems Cyclically Adjusted PB Ratio Related Terms


Silex Systems Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Silex Systems'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.

Silex Systems Cyclically Adjusted PB Ratio Chart

Silex Systems Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.80 4.76 9.01 12.88 10.89

Silex Systems Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 12.88 0.00 10.89 0.00

ASX:SLX vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, Silex Systems'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.


Silex Systems Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


ASX:SLX
53GF Score
Silex Systems Ltd ASX:SLX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Silex Systems 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.

Silex Systems's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.75/0.39
=12.18

* 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.

Silex Systems's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 is calculated as:

For example, Silex Systems's adjusted Book Value per Share data for the fiscal year that ended in Jun25 was:

Adj_Book=Book Value per Share/CPI of Jun25 (Change)*Current CPI (Jun25)
=0.382/131.5506*131.5506
=0.382

Current CPI (Jun25) = 131.5506.

Silex Systems Annual Data

Book Value per Share CPI Adj_Book
201506 0.337 0.000
201606 0.315 0.000
201706 0.289 0.000
201806 0.276 0.000
201906 0.211 0.000
202106 0.124 0.000
202206 0.247 0.000
202306 0.632 0.000
202406 0.557 0.000
202506 0.382 131.551 0.382

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.

What does a Cyclically Adjusted PB Ratio of 12.18 mean?
Silex Systems (ASX:SLX) has a Cyclically Adjusted PB Ratio of 12.18 as of Jul. 14, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Silex Systems and its competitors. This is 19% above median its historical median of 10.27. Over the past decade, Silex Systems' Cyclically Adjusted PB Ratio has ranged from 4.98 to 26.51. According to the industry distribution chart, Silex Systems ranks #643 out of 736 companies in the Semiconductors industry, placing it in the top 87.4%.
Is Silex Systems' Cyclically Adjusted PB Ratio too high?
Silex Systems' current Cyclically Adjusted PB Ratio of 12.18 is 19% above median its 10-year median of 10.27. Over the past 10 years, this metric has ranged from a low of 4.98 to a high of 26.51. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.49. Silex Systems' value of 12.18 is 249% above this industry median. Based on the distribution chart, Silex Systems ranks #643 out of 736 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Silex Systems has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Silex Systems' Cyclically Adjusted PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Silex Systems ranks #643 out of 736 companies for Cyclically Adjusted PB Ratio. This places Silex Systems in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.49. Silex Systems' value of 12.18 is 249% above this benchmark. Historically, Silex Systems' own Cyclically Adjusted PB Ratio has ranged from 4.98 to 26.51 over the past decade. While the company's 10-year median is 10.27 vs. the industry median of 3.49, Silex Systems has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.49, based on 736 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Silex Systems's current Cyclically Adjusted PB Ratio of 12.18 is 249% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Silex Systems and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Silex Systems's current Cyclically Adjusted PB Ratio is 12.18, which is 19% above median its own 10-year median of 10.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silex Systems stock overvalued right now?
Based on GuruFocus' analysis, Silex Systems (ASX:SLX) is currently considered Possible Value Trap. The stock's GF Value™ is A$8.35, compared to a current price of A$4.75 — trading 43.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 12.18, which is 19% above median its 10-year median of 10.27 and 249% above the Semiconductors industry median of 3.49. Silex Systems' overall GF Score™ is 53/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Silex Systems (ASX:SLX), the current Cyclically Adjusted PB Ratio is 12.18 as of Jul. 14, 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 Silex Systems (ASX:SLX) Overvalued in 2026?

Based on GuruFocus' analysis, Silex Systems stock appears to be undervalued. The current stock price of A$4.75 is trading 43.1% below its estimated GF Value™ of A$8.35. GuruFocus considers Silex Systems to be Possible Value Trap.

Key valuation signals for ASX:SLX:

  • Cyclically Adjusted PB Ratio: 12.18 (19% above median its 10-year median of 10.27)
  • GF Value™: A$8.35 vs. price of A$4.75 (43.1% below fair value)
  • GF Score™: 53/100 with 1 warning sign
  • Industry Position: 249% above the Semiconductors median (#643 of 736)

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


Silex Systems Business Description

Address New Illawarra Road, Building 64, Lucas Heights Science and Technology Centre, Lucas Heights, Sydney, NSW, AUS, 2234
Silex Systems Ltd is an Australian research and development company. The company focused on the development of the SILEX laser uranium enrichment technology as the next-generation technology for the uranium enrichment industry. The company's operating segment includes Silex Systems; Silex USA, and Translucent. It generates maximum revenue from the Silex Systems segment.
53GF Score

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

A$4.75
Price
A$8.35
GF Value