Elmos Semiconductor SE (CHIX:ELGD) Cyclically Adjusted PB Ratio: 7.57 (As of Jul. 14, 2026) — 153% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:ELGD Elmos Semiconductor SE CHIX:ELGD
85 GF Score
Price €171.20
GF Value €87.11
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Elmos Semiconductor SE Cyclically Adjusted PB Ratio?

Elmos Semiconductor SE CHIX:ELGD 85 Cyclically Adjusted PB Ratio is 7.57 as of Jul. 14, 2026, which is 153% above its 10-year median of 2.99. GuruFocus rates CHIX:ELGD with a GF Score™ of 85/100 and a GF Value™ of €87.11 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 736 Semiconductors companies, Elmos Semiconductor SE ranks worse than 70.92% on this metric.

As of today (2026-07-14), Elmos Semiconductor SE's current share price is €171.20. Elmos Semiconductor SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €22.61. Elmos Semiconductor SE's Cyclically Adjusted PB Ratio for today is 7.57.

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

CHIX:ELGd' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.44   Med: 2.99   Max: 9.1
Current: 7.23

During the past years, Elmos Semiconductor SE's highest Cyclically Adjusted PB Ratio was 9.10. The lowest was 1.44. And the median was 2.99.

CHIX:ELGd's Cyclically Adjusted PB Ratio is ranked worse than
70.92% of 736 companies
in the Semiconductors industry
Industry Median: 3.49 vs CHIX:ELGd: 7.23

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.

Elmos Semiconductor SE's adjusted book value per share data for the three months ended in Mar. 2026 was €38.206. 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 €22.61 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Elmos Semiconductor SE  (CHIX:ELGd) 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.


Elmos Semiconductor SE Cyclically Adjusted PB Ratio Related Terms


Elmos Semiconductor SE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Elmos Semiconductor SE'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.

Elmos Semiconductor SE Cyclically Adjusted PB Ratio Chart

Elmos Semiconductor SE 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 4.36 3.50 4.33 3.54 4.47

Elmos Semiconductor SE Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.94 4.39 3.88 4.47 6.35

CHIX:ELGD vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, Elmos Semiconductor SE'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.


Elmos Semiconductor SE Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

* The bar in red indicates where Elmos Semiconductor SE's Cyclically Adjusted PB Ratio falls into.


CHIX:ELGD
85GF Score
Elmos Semiconductor SE CHIX:ELGD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elmos Semiconductor SE 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.

Elmos Semiconductor SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=171.20/22.61
=7.57

* 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.

Elmos Semiconductor SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Elmos Semiconductor SE's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=38.206/131.2583*131.2583
=38.206

Current CPI (Mar. 2026) = 131.2583.

Elmos Semiconductor SE Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.948 100.717 14.268
201609 11.149 101.017 14.487
201612 11.592 101.217 15.033
201703 11.551 101.417 14.950
201706 11.160 102.117 14.345
201709 11.635 102.717 14.868
201712 12.166 102.617 15.562
201803 12.373 102.917 15.780
201806 12.419 104.017 15.671
201809 12.890 104.718 16.157
201812 13.474 104.217 16.970
201903 13.792 104.217 17.371
201906 13.694 105.718 17.002
201909 17.165 106.018 21.252
201912 17.269 105.818 21.421
202003 17.446 105.718 21.661
202006 15.773 106.618 19.418
202009 16.774 105.818 20.807
202012 17.088 105.518 21.257
202103 17.547 107.518 21.421
202106 17.505 108.486 21.180
202109 16.112 109.435 19.325
202112 17.502 110.384 20.812
202203 18.264 113.968 21.035
202206 18.522 115.760 21.002
202209 19.665 118.818 21.724
202212 21.017 119.345 23.115
202303 22.235 122.402 23.844
202306 22.841 123.140 24.347
202309 24.494 124.195 25.887
202312 26.134 123.773 27.715
202403 27.586 125.038 28.958
202406 28.175 125.882 29.378
202409 29.637 126.198 30.825
202412 32.827 127.041 33.917
202503 33.925 127.779 34.849
202506 34.526 128.412 35.291
202509 35.748 129.255 36.302
202512 37.242 129.361 37.788
202603 38.206 131.258 38.206

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 7.57 mean?
Elmos Semiconductor SE (CHIX:ELGD) has a Cyclically Adjusted PB Ratio of 7.57 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 Elmos Semiconductor SE and its competitors. This is 153% above median its historical median of 2.99. Over the past decade, Elmos Semiconductor SE's Cyclically Adjusted PB Ratio has ranged from 1.44 to 9.10. According to the industry distribution chart, Elmos Semiconductor SE ranks #522 out of 736 companies in the Semiconductors industry, placing it in the top 70.9%.
Is Elmos Semiconductor SE's Cyclically Adjusted PB Ratio too high?
Elmos Semiconductor SE's current Cyclically Adjusted PB Ratio of 7.57 is 153% above median its 10-year median of 2.99. Over the past 10 years, this metric has ranged from a low of 1.44 to a high of 9.10. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.49. Elmos Semiconductor SE's value of 7.57 is 116.9% above this industry median. Based on the distribution chart, Elmos Semiconductor SE ranks #522 out of 736 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Elmos Semiconductor SE has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elmos Semiconductor SE's Cyclically Adjusted PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Elmos Semiconductor SE ranks #522 out of 736 companies for Cyclically Adjusted PB Ratio. This places Elmos Semiconductor SE in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.49. Elmos Semiconductor SE's value of 7.57 is 116.9% above this benchmark. Historically, Elmos Semiconductor SE's own Cyclically Adjusted PB Ratio has ranged from 1.44 to 9.10 over the past decade. While the company's 10-year median is 2.99 vs. the industry median of 3.49, Elmos Semiconductor SE 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. Elmos Semiconductor SE's current Cyclically Adjusted PB Ratio of 7.57 is 116.9% 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 Elmos Semiconductor SE 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. Elmos Semiconductor SE's current Cyclically Adjusted PB Ratio is 7.57, which is 153% above median its own 10-year median of 2.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elmos Semiconductor SE stock overvalued right now?
Based on GuruFocus' analysis, Elmos Semiconductor SE (CHIX:ELGD) is currently considered Significantly Overvalued. The stock's GF Value™ is €87.11, compared to a current price of €171.20 — trading 96.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.57, which is 153% above median its 10-year median of 2.99 and 116.9% above the Semiconductors industry median of 3.49. Elmos Semiconductor SE's overall GF Score™ is 85/100 with 2 warning signs 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 Elmos Semiconductor SE (CHIX:ELGD), the current Cyclically Adjusted PB Ratio is 7.57 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 Elmos Semiconductor SE (CHIX:ELGD) Overvalued in 2026?

Based on GuruFocus' analysis, Elmos Semiconductor SE stock appears to be overvalued. The current stock price of €171.20 is trading 96.5% above its estimated GF Value™ of €87.11. GuruFocus considers Elmos Semiconductor SE to be Significantly Overvalued.

Key valuation signals for CHIX:ELGD:

  • Cyclically Adjusted PB Ratio: 7.57 (153% above median its 10-year median of 2.99)
  • GF Value™: €87.11 vs. price of €171.20 (96.5% above fair value)
  • GF Score™: 85/100 with 2 warning signs
  • Industry Position: 116.9% above the Semiconductors median (#522 of 736)

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


Elmos Semiconductor SE Business Description

Address Werkstattenstrabe 18, Leverkusen, NW, DEU, 51379
Elmos Semiconductor SE is a company engaged in the technology sector. It caters to the semiconductor industry with the supply of integrated, application-specific microelectronic circuits, optical sensors, and voltage supply components. The semiconductor business is the only business segment of the group. The company's products consist of Engine Control ICs, Sensor ICs, Power management ICs, Interface ICs and Special Projects. Geographically the company generates revenue from Germany, Other EU Countries, America, Asia/Pacific, and Other Countries, where the majority is generated from Asia/Pacific.
85GF Score

Get the complete analysis for CHIX:ELGD

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

€171.20
Price
€87.11
GF Value