BCHPY (BrainChip Holdings) Cyclically Adjusted PB Ratio: 5.99 (As of Jul. 26, 2026) — 53% Below Median

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BCHPY BrainChip Holdings Ltd BCHPY
34 GF Score
Price $3.48
! 1 Warning Sign
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What is BrainChip Holdings Cyclically Adjusted PB Ratio?

BrainChip Holdings BCHPY -5.31% 34 Cyclically Adjusted PB Ratio is 5.99 as of Jul. 26, 2026, which is 53% below its 10-year median of 12.75. GuruFocus rates BCHPY with a GF Score™ of 34/100. The stock has 1 warning sign investors should review. Among 735 Semiconductors companies, BrainChip Holdings ranks worse than 72.79% on this metric.

As of today (2026-07-26), BrainChip Holdings's current share price is $3.475. BrainChip Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $0.58. BrainChip Holdings's Cyclically Adjusted PB Ratio for today is 5.99.

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

BCHPY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6   Med: 12.75   Max: 58.5
Current: 6.63

During the past 13 years, BrainChip Holdings's highest Cyclically Adjusted PB Ratio was 58.50. The lowest was 6.00. And the median was 12.75.

BCHPY's Cyclically Adjusted PB Ratio is ranked worse than
72.79% of 735 companies
in the Semiconductors industry
Industry Median: 3.15 vs BCHPY: 6.63

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.

BrainChip Holdings's adjusted book value per share data of for the fiscal year that ended in Dec25 was $0.545. 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 $0.58 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


BrainChip Holdings  (OTCPK:BCHPY) 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.


BrainChip Holdings Cyclically Adjusted PB Ratio Related Terms


BrainChip Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for BrainChip Holdings'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.

BrainChip Holdings Cyclically Adjusted PB Ratio Chart

BrainChip Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.80 33.94 9.87 24.49 9.68

BrainChip Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 9.87 0.00 24.49 0.00 9.68

BCHPY vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, BrainChip Holdings'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.


BrainChip Holdings Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


BCHPY
34GF Score
BrainChip Holdings Ltd BCHPY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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BrainChip Holdings 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.

BrainChip Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.475/0.58
=5.99

* 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.

BrainChip Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, BrainChip Holdings's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.545/135.0688*135.0688
=0.545

Current CPI (Dec25) = 135.0688.

BrainChip Holdings Annual Data

Book Value per Share CPI Adj_Book
201612 0.253 0.000
201712 0.692 0.000
201812 0.314 0.000
201912 0.272 0.000
202012 0.439 0.000
202112 0.447 0.000
202212 0.549 0.000
202312 0.373 0.000
202412 0.402 130.173 0.417
202512 0.545 135.069 0.545

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 5.99 mean?
BrainChip Holdings (BCHPY) has a Cyclically Adjusted PB Ratio of 5.99 as of Jul. 26, 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 BrainChip Holdings and its competitors. This is 53% below median its historical median of 12.75. Over the past decade, BrainChip Holdings' Cyclically Adjusted PB Ratio has ranged from 6.00 to 58.50. According to the industry distribution chart, BrainChip Holdings ranks #535 out of 735 companies in the Semiconductors industry, placing it in the top 72.8%.
Is BrainChip Holdings' Cyclically Adjusted PB Ratio too high?
BrainChip Holdings' current Cyclically Adjusted PB Ratio of 5.99 is 53% below median its 10-year median of 12.75. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 58.50. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.15. BrainChip Holdings' value of 5.99 is 90.2% above this industry median. Based on the distribution chart, BrainChip Holdings ranks #535 out of 735 companies in the Semiconductors industry, which is below the industry midpoint. Overall, BrainChip Holdings has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does BrainChip Holdings' Cyclically Adjusted PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, BrainChip Holdings ranks #535 out of 735 companies for Cyclically Adjusted PB Ratio. This places BrainChip Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.15. BrainChip Holdings' value of 5.99 is 90.2% above this benchmark. Historically, BrainChip Holdings' own Cyclically Adjusted PB Ratio has ranged from 6.00 to 58.50 over the past decade. While the company's 10-year median is 12.75 vs. the industry median of 3.15, BrainChip Holdings 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 3.15, based on 735 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. BrainChip Holdings's current Cyclically Adjusted PB Ratio of 5.99 is 90.2% 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 BrainChip Holdings and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BrainChip Holdings's current Cyclically Adjusted PB Ratio is 5.99, which is 53% below median its own 10-year median of 12.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BrainChip Holdings stock overvalued right now?
BrainChip Holdings (BCHPY) has a current Cyclically Adjusted PB Ratio of 5.99. The current Cyclically Adjusted PB Ratio is 5.99, which is 53% below median its 10-year median of 12.75 and 90.2% above the Semiconductors industry median of 3.15. BrainChip Holdings' overall GF Score™ is 34/100 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 BrainChip Holdings (BCHPY), the current Cyclically Adjusted PB Ratio is 5.99 as of Jul. 26, 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.

BrainChip Holdings Business Description

Address 210 George Street, Level 8, Sydney, NSW, AUS, 2000
BrainChip Holdings Ltd is engaged in the development of software and hardware accelerated solutions for artificial intelligence and machine learning applications. The company is working on the development of its Akida Neuromorphic Processor to provide a complete ultra-low power and fast AI Edge Network for vision, audio, olfactory, and smart transducer applications. Its products are Akida IP, Akida 2nd Generation, MetaTF, Akida1000 Ref SoC, and Akida Enablement Platforms. It operates through one segment namely, the technological development of designs.
34GF 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.

$3.48
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