Power Integrations (FRA:PWI) Cyclically Adjusted PB Ratio: 3.28 (As of Sep. 18, 2026) — 40% Below Median

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FRA:PWI Power Integrations Inc FRA:PWI
85 GF Score
Price €41.16
GF Value €57.51
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Power Integrations Cyclically Adjusted PB Ratio?

Power Integrations FRA:PWI -0.48% 85 Cyclically Adjusted PB Ratio is 3.28 as of Sep. 18, 2026, which is 40% below its 10-year median of 5.47. GuruFocus rates FRA:PWI with a GF Score™ of 85/100 and a GF Value™ of €57.51 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 725 Semiconductors companies, Power Integrations ranks worse than 55.86% on this metric.

As of today (2026-09-18), Power Integrations's current share price is €41.16. Power Integrations's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €12.57. Power Integrations's Cyclically Adjusted PB Ratio for today is 3.28.

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

FRA:PWI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.44   Med: 5.47   Max: 11.35
Current: 3.72

During the past years, Power Integrations's highest Cyclically Adjusted PB Ratio was 11.35. The lowest was 2.44. And the median was 5.47.

FRA:PWI's Cyclically Adjusted PB Ratio is ranked worse than
55.86% of 725 companies
in the Semiconductors industry
Industry Median: 3.16 vs FRA:PWI: 3.72

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.

Power Integrations's adjusted book value per share data for the three months ended in Jun. 2026 was €10.670. 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 €12.57 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Power Integrations  (FRA:PWI) 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.


Power Integrations Cyclically Adjusted PB Ratio Related Terms


Power Integrations Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Power Integrations'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.

Power Integrations Cyclically Adjusted PB Ratio Chart

Power Integrations 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 8.99 6.46 6.68 5.00 2.43

Power Integrations Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.96 2.74 2.49 3.34 5.46

FRA:PWI vs NVTS, LASR, HIMX: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, Power Integrations'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.


Power Integrations Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


FRA:PWI
85GF Score
Power Integrations Inc FRA:PWI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Power Integrations 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.

Power Integrations's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=41.16/12.566
=3.28

* 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.

Power Integrations's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Power Integrations's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=10.67/333.9520*333.9520
=10.670

Current CPI (Jun. 2026) = 333.9520.

Power Integrations Quarterly Data

Book Value per Share CPI Adj_Book
201609 7.162 241.428 9.907
201612 0.000 241.432 0.000
201703 8.346 243.801 11.432
201706 8.058 244.955 10.986
201709 8.002 246.819 10.827
201712 7.657 246.524 10.373
201803 7.326 249.554 9.804
201806 7.599 251.989 10.071
201809 7.796 252.439 10.313
201812 7.980 251.233 10.607
201903 8.127 254.202 10.677
201906 8.141 256.143 10.614
201909 8.813 256.759 11.463
201912 10.966 256.974 14.251
202003 11.416 258.115 14.770
202006 11.317 257.797 14.660
202009 11.110 260.280 14.255
202012 11.056 260.474 14.175
202103 12.035 264.877 15.174
202106 12.162 271.696 14.949
202109 12.992 274.310 15.817
202112 13.386 278.802 16.034
202203 12.547 287.504 14.574
202206 11.891 296.311 13.402
202209 13.390 296.808 15.066
202212 12.423 296.797 13.978
202303 12.265 301.836 13.570
202306 12.273 305.109 13.433
202309 12.921 307.789 14.019
202312 12.002 306.746 13.066
202403 12.042 312.332 12.876
202406 12.009 314.175 12.765
202409 11.810 315.301 12.509
202412 12.739 315.605 13.480
202503 12.016 319.799 12.548
202506 10.676 322.561 11.053
202509 10.339 324.800 10.630
202512 10.353 324.054 10.669
202603 10.487 330.213 10.606
202606 10.670 333.952 10.670

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 3.28 mean?
Power Integrations (FRA:PWI) has a Cyclically Adjusted PB Ratio of 3.28 as of Sep. 18, 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 Power Integrations and its competitors. This is 40% below median its historical median of 5.47. Over the past decade, Power Integrations' Cyclically Adjusted PB Ratio has ranged from 2.44 to 11.35. According to the industry distribution chart, Power Integrations ranks #405 out of 725 companies in the Semiconductors industry, placing it in the top 55.9%.
Is Power Integrations' Cyclically Adjusted PB Ratio too high?
Power Integrations' current Cyclically Adjusted PB Ratio of 3.28 is 40% below median its 10-year median of 5.47. Over the past 10 years, this metric has ranged from a low of 2.44 to a high of 11.35. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.16. Power Integrations' value of 3.28 is 3.8% above this industry median. Based on the distribution chart, Power Integrations ranks #405 out of 725 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Power Integrations has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Power Integrations' Cyclically Adjusted PB Ratio compare to NVTS and LASR?
According to the Semiconductors industry distribution chart, Power Integrations ranks #405 out of 725 companies for Cyclically Adjusted PB Ratio. This places Power Integrations in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.16. Power Integrations' value of 3.28 is 3.8% above this benchmark. Historically, Power Integrations' own Cyclically Adjusted PB Ratio has ranged from 2.44 to 11.35 over the past decade. While the company's 10-year median is 5.47 vs. the industry median of 3.16, Power Integrations 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 3.16, based on 725 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. Power Integrations's current Cyclically Adjusted PB Ratio of 3.28 is 3.8% 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 Power Integrations and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Power Integrations's current Cyclically Adjusted PB Ratio is 3.28, which is 40% below median its own 10-year median of 5.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Power Integrations stock overvalued right now?
Based on GuruFocus' analysis, Power Integrations (FRA:PWI) is currently considered Modestly Undervalued. The stock's GF Value™ is €57.51, compared to a current price of €41.16 — trading 28.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.28, which is 40% below median its 10-year median of 5.47 and 3.8% above the Semiconductors industry median of 3.16. Power Integrations' overall GF Score™ is 85/100 with 6 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 Power Integrations (FRA:PWI), the current Cyclically Adjusted PB Ratio is 3.28 as of Sep. 18, 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 Power Integrations (FRA:PWI) Overvalued in 2026?

Based on GuruFocus' analysis, Power Integrations stock appears to be undervalued. The current stock price of €41.16 is trading 28.4% below its estimated GF Value™ of €57.51. GuruFocus considers Power Integrations to be Modestly Undervalued.

Key valuation signals for FRA:PWI:

  • Cyclically Adjusted PB Ratio: 3.28 (40% below median its 10-year median of 5.47)
  • GF Value™: €57.51 vs. price of €41.16 (28.4% below fair value)
  • GF Score™: 85/100 with 6 warning signs
  • Industry Position: 3.8% above the Semiconductors median (#405 of 725)

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


Power Integrations Business Description

Other Exchanges POWI:USAPWI:Germany
Address 5245 Hellyer Avenue, San Jose, CA, USA, 95138-1002
Power Integrations Inc designs, develops, and markets analog and mixed-signal integrated circuits (ICs) and other electronic components and circuitry used in high-voltage power conversion. Products are used in power converters that convert electricity from a high-voltage source to the type of power required for a specified downstream use. Products are used in electronic products including mobile phones, computing and networking equipment, appliances, electronic utility meters, battery-powered tools, industrial controls, home automation, or Internet of Things applications such as networked thermostats, power strips, and security devices. Geographically, the company generates maximum revenue from China and Hong Kong.
85GF Score

Get the complete analysis for FRA:PWI

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

€41.16
Price
€57.51
GF Value