ams-OSRAM AG (LTS:0QWC) Cyclically Adjusted PB Ratio: (As of Aug. 08, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

LTS:0QWC ams-OSRAM AG LTS:0QWC
49 GF Score
Price CHF18.06
GF Value CHF7.96
Valuation Significantly Overvalued
! 6 Warning Signs
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What is ams-OSRAM AG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


ams-OSRAM AG  (LTS:0QWC) 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.


ams-OSRAM AG Cyclically Adjusted PB Ratio Related Terms


ams-OSRAM AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ams-OSRAM AG'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.

ams-OSRAM AG Cyclically Adjusted PB Ratio Chart

ams-OSRAM AG 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 1.74 0.60 0.34 0.10 0.13

ams-OSRAM AG 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 0.18 0.19 0.13 0.14 0.31

LTS:0QWC vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, ams-OSRAM AG'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.


ams-OSRAM AG Cyclically Adjusted PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, ams-OSRAM AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where ams-OSRAM AG's Cyclically Adjusted PB Ratio falls into.


LTS:0QWC
49GF Score
ams-OSRAM AG LTS:0QWC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ams-OSRAM AG 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.

ams-OSRAM AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, ams-OSRAM AG'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)
=6.538/142.1600*142.1600
=6.538

Current CPI (Jun. 2026) = 142.1600.

ams-OSRAM AG Quarterly Data

Book Value per Share CPI Adj_Book
201609 38.787 101.192 54.490
201612 39.465 102.092 54.954
201703 50.323 102.592 69.732
201706 43.839 102.991 60.511
201709 39.396 103.591 54.064
201712 41.724 104.291 56.874
201803 61.100 104.491 83.126
201806 62.090 105.091 83.991
201809 63.972 105.691 86.046
201812 64.556 106.291 86.341
201903 65.025 106.391 86.887
201906 64.336 106.791 85.644
201909 74.791 106.991 99.375
201912 82.670 108.091 108.727
202003 36.711 108.024 48.312
202006 68.657 107.915 90.444
202009 67.718 108.348 88.851
202012 68.785 109.321 89.447
202103 73.710 110.186 95.099
202106 63.771 110.943 81.715
202109 64.491 111.916 81.919
202112 67.257 113.971 83.892
202203 68.172 117.647 82.376
202206 74.782 120.567 88.175
202209 65.269 123.811 74.942
202212 57.344 125.541 64.935
202303 53.735 128.460 59.466
202306 25.087 130.191 27.393
202309 24.899 131.272 26.964
202312 18.136 132.570 19.448
202403 11.944 133.759 12.694
202406 11.839 134.083 12.552
202409 11.779 133.651 12.529
202412 11.599 135.273 12.190
202503 10.447 137.760 10.781
202506 9.363 138.517 9.609
202509 9.027 138.950 9.236
202512 8.893 140.350 9.008
202603 7.580 142.160 7.580
202606 6.538 142.160 6.538

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.

Is ams-OSRAM AG (LTS:0QWC) Overvalued in 2026?

Based on GuruFocus' analysis, ams-OSRAM AG stock appears to be overvalued. The current stock price of CHF18.06 is trading 126.9% above its estimated GF Value™ of CHF7.96. GuruFocus considers ams-OSRAM AG to be Significantly Overvalued.

Key valuation signals for LTS:0QWC:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: CHF7.96 vs. price of CHF18.06 (126.9% above fair value)
  • GF Score™: 49/100 with 6 warning signs

No single metric tells the full story. See the LTS:0QWC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ams-OSRAM AG Business Description

Address Tobelbader Strasse 30, Premstaetten, AUT, 8141
ams-OSRAM AG designs, manufactures, and sells sensors, sensor interfaces, and analog integrated circuit solutions. The company is an important supplier to customers in the consumer, communications, medical, automotive, and industrial end markets. The firm operates in three segments: BU Opto Semiconductors, CMOS Sensors & ASICs, and BU Lamps and Systems. The majority of its revenue is generated from the BU Opto Semiconductors segment. The company generates maximum revenue from the Asia Pacific region and the rest from the Americas, and Europe, Middle East, and Africa (EMEA).
49GF Score

Get the complete analysis for LTS:0QWC

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

CHF18.06
Price
CHF7.96
GF Value