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Analog Devices (BSP:A1DI34) Cyclically Adjusted PB Ratio : 3.93 (As of May. 31, 2025)


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What is Analog Devices Cyclically Adjusted PB Ratio?

As of today (2025-05-31), Analog Devices's current share price is R$544.32. Analog Devices's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2025 was R$138.34. Analog Devices's Cyclically Adjusted PB Ratio for today is 3.93.

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

BSP:A1DI34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.44   Med: 5.39   Max: 7.32
Current: 4.32

During the past years, Analog Devices's highest Cyclically Adjusted PB Ratio was 7.32. The lowest was 3.44. And the median was 5.39.

BSP:A1DI34's Cyclically Adjusted PB Ratio is ranked worse than
75.81% of 707 companies
in the Semiconductors industry
Industry Median: 1.97 vs BSP:A1DI34: 4.32

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.

Analog Devices's adjusted book value per share data for the three months ended in Apr. 2025 was R$204.262. 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 R$138.34 for the trailing ten years ended in Apr. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Analog Devices Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Analog Devices'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.

Analog Devices Cyclically Adjusted PB Ratio Chart

Analog Devices Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.42 6.64 4.23 3.92 4.82

Analog Devices Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 4.61 5.16 4.82 4.43 3.93

Competitive Comparison of Analog Devices's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Analog Devices'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.


Analog Devices's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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


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Analog Devices 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.

Analog Devices's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=544.32/138.34
=3.93

* 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.

Analog Devices's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2025 is calculated as:

For example, Analog Devices's adjusted Book Value per Share data for the three months ended in Apr. 2025 was:

Adj_Book=Book Value per Share/CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=204.262/135.3468*135.3468
=204.262

Current CPI (Apr. 2025) = 135.3468.

Analog Devices Quarterly Data

Book Value per Share CPI Adj_Book
201507 26.069 100.691 35.042
201510 31.498 100.346 42.484
201601 32.671 99.957 44.238
201604 28.253 100.947 37.881
201607 26.565 101.524 35.415
201610 26.697 101.988 35.429
201701 27.373 102.456 36.160
201704 42.621 103.167 55.915
201707 43.174 103.278 56.580
201710 43.998 104.070 57.221
201801 44.932 104.578 58.152
201804 48.645 105.708 62.284
201807 55.820 106.324 71.057
201810 57.247 106.695 72.620
201901 58.752 106.200 74.877
201904 61.884 107.818 77.684
201907 60.299 108.250 75.393
201910 64.896 108.577 80.896
202001 65.892 108.841 81.939
202004 83.640 108.173 104.651
202007 84.121 109.318 104.151
202010 91.333 109.861 112.521
202101 87.937 110.364 107.843
202104 91.850 112.673 110.334
202107 85.949 115.183 100.995
202110 200.388 116.696 232.415
202201 197.752 118.619 225.639
202204 169.677 121.978 188.273
202207 191.199 125.002 207.022
202210 188.024 125.734 202.398
202301 187.484 126.223 201.036
202304 180.329 127.992 190.691
202307 172.939 128.974 181.484
202310 181.168 129.810 188.896
202401 176.275 130.124 183.350
202404 182.205 132.289 186.416
202407 196.465 132.708 200.372
202410 199.442 133.182 202.684
202501 212.516 134.029 214.606
202504 204.262 135.347 204.262

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.


Analog Devices  (BSP:A1DI34) 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.


Analog Devices Cyclically Adjusted PB Ratio Related Terms

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


Analog Devices Business Description

Address
One Analog Way, Wilmington, MA, USA, 01887
Analog Devices is a leading analog, mixed-signal, and digital-signal processing chipmaker. The firm has a significant market share lead in converter chips, which are used to translate analog signals to digital and vice versa. The company serves tens of thousands of customers; more than half of its chip sales are to industrial and automotive end markets. ADI's chips are also incorporated into wireless infrastructure equipment.

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