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Keysight Technologies (LTS:0A7N) Cyclically Adjusted PB Ratio : 7.78 (As of May. 25, 2025)


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What is Keysight Technologies Cyclically Adjusted PB Ratio?

As of today (2025-05-25), Keysight Technologies's current share price is $159.5374. Keysight Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2025 was $20.50. Keysight Technologies's Cyclically Adjusted PB Ratio for today is 7.78.

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

LTS:0A7N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.29   Med: 8.76   Max: 11.96
Current: 7.63

During the past years, Keysight Technologies's highest Cyclically Adjusted PB Ratio was 11.96. The lowest was 6.29. And the median was 8.76.

LTS:0A7N's Cyclically Adjusted PB Ratio is ranked worse than
92.79% of 1915 companies
in the Hardware industry
Industry Median: 1.63 vs LTS:0A7N: 7.63

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.

Keysight Technologies's adjusted book value per share data for the three months ended in Apr. 2025 was $31.641. 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 $20.50 for the trailing ten years ended in Apr. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Keysight Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Keysight Technologies'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.

Keysight Technologies Cyclically Adjusted PB Ratio Chart

Keysight Technologies 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 - - 11.38 7.17 7.64

Keysight Technologies 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 8.09 7.41 7.64 8.84 6.94

Competitive Comparison of Keysight Technologies's Cyclically Adjusted PB Ratio

For the Scientific & Technical Instruments subindustry, Keysight Technologies'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.


Keysight Technologies's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Keysight Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Keysight Technologies 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.

Keysight Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=159.5374/20.50
=7.78

* 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.

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

For example, Keysight Technologies'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)
=31.641/135.3468*135.3468
=31.641

Current CPI (Apr. 2025) = 135.3468.

Keysight Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201507 6.538 100.691 8.788
201510 7.659 100.346 10.330
201601 8.082 99.957 10.943
201604 8.855 100.947 11.873
201607 9.411 101.524 12.546
201610 8.916 101.988 11.832
201701 9.598 102.456 12.679
201704 11.760 103.167 15.428
201707 11.949 103.278 15.659
201710 12.439 104.070 16.177
201801 13.234 104.578 17.128
201804 13.499 105.708 17.284
201807 13.951 106.324 17.759
201810 13.039 106.695 16.540
201901 14.146 106.200 18.028
201904 14.915 107.818 18.723
201907 15.644 108.250 19.560
201910 16.021 108.577 19.971
202001 16.651 108.841 20.706
202004 16.542 108.173 20.697
202007 17.888 109.318 22.147
202010 17.793 109.861 21.921
202101 19.001 110.364 23.302
202104 19.214 112.673 23.081
202107 20.380 115.183 23.948
202110 20.803 116.696 24.128
202201 20.957 118.619 23.912
202204 21.006 121.978 23.308
202207 21.863 125.002 23.672
202210 23.311 125.734 25.093
202301 24.769 126.223 26.559
202304 26.462 127.992 27.983
202307 27.542 128.974 28.903
202310 26.655 129.810 27.792
202401 27.597 130.124 28.705
202404 28.133 132.289 28.783
202407 30.141 132.708 30.740
202410 29.580 133.182 30.061
202501 29.965 134.029 30.260
202504 31.641 135.347 31.641

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.


Keysight Technologies  (LTS:0A7N) 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.


Keysight Technologies Cyclically Adjusted PB Ratio Related Terms

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


Keysight Technologies Business Description

Address
1400 Fountaingrove Parkway, Santa Rosa, CA, USA, 95403
Keysight Technologies is a leader in the field of testing and measurement, helping electronics OEMs and suppliers alike bring products to market to fit industry standards and specifications. Keysight specializes in the communications market, but also supplies into the government, automotive, industrial, and semiconductor manufacturing markets. Keysight's solutions include testing tools, analytical software, and services. The firm's stated objective is to reduce time to market and improve efficiency at its more than 30,000 customers.

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