Alchip Technologies (LUX:ALCHA) Cyclically Adjusted PB Ratio: 19.26 (As of Sep. 04, 2026) — Near 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.

LUX:ALCHA Alchip Technologies Ltd LUX:ALCHA
92 GF Score
Price $88.00
GF Value $66.94
! 5 Warning Signs
View Full Analysis

What is Alchip Technologies Cyclically Adjusted PB Ratio?

Alchip Technologies LUX:ALCHA 92 Cyclically Adjusted PB Ratio is 19.26 as of Sep. 04, 2026, which is 3% above its 10-year median of 18.65. GuruFocus rates LUX:ALCHA with a GF Score™ of 92/100 and a GF Value™ of $66.94. The stock has 5 warning signs investors should review. Among 725 Semiconductors companies, Alchip Technologies ranks worse than 92.55% on this metric.

As of today (2026-09-04), Alchip Technologies's current share price is $88.00. Alchip Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $4.57. Alchip Technologies's Cyclically Adjusted PB Ratio for today is 19.26.

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

LUX:ALCHA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 8.48   Med: 18.65   Max: 45.63
Current: 18.65

During the past years, Alchip Technologies's highest Cyclically Adjusted PB Ratio was 45.63. The lowest was 8.48. And the median was 18.65.

LUX:ALCHA's Cyclically Adjusted PB Ratio is ranked worse than
92.55% of 725 companies
in the Semiconductors industry
Industry Median: 3.18 vs LUX:ALCHA: 18.65

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.

Alchip Technologies's adjusted book value per share data for the three months ended in Jun. 2026 was $22.132. 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 $4.57 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alchip Technologies  (LUX:ALCHA) 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.


Alchip Technologies Cyclically Adjusted PB Ratio Related Terms


Alchip Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Alchip 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.

Alchip Technologies Cyclically Adjusted PB Ratio Chart

Alchip Technologies 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 17.27 10.24 34.43 23.82 19.11

Alchip Technologies 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 19.13 20.02 19.11 12.50 19.25

LUX:ALCHA vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, Alchip 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.


Alchip Technologies Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


LUX:ALCHA
92GF Score
Alchip Technologies Ltd LUX:ALCHA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alchip 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=88.00/4.57
=19.26

* 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.

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

For example, Alchip Technologies'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)
=22.132/333.9520*333.9520
=22.132

Current CPI (Jun. 2026) = 333.9520.

Alchip Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.285 241.428 1.777
201612 1.317 241.432 1.822
201703 1.321 243.801 1.809
201706 1.393 244.955 1.899
201709 1.449 246.819 1.961
201712 1.486 246.524 2.013
201803 1.558 249.554 2.085
201806 1.621 251.989 2.148
201809 1.623 252.439 2.147
201812 1.587 251.233 2.110
201903 1.658 254.202 2.178
201906 1.646 256.143 2.146
201909 1.728 256.759 2.248
201912 1.800 256.974 2.339
202003 1.908 258.115 2.469
202006 1.907 257.797 2.470
202009 2.049 260.280 2.629
202012 2.223 260.474 2.850
202103 4.981 264.877 6.280
202106 4.846 271.696 5.956
202109 5.057 274.310 6.157
202112 5.276 278.802 6.320
202203 5.564 287.504 6.463
202206 5.380 296.311 6.063
202209 5.681 296.808 6.392
202212 5.893 296.797 6.631
202303 6.199 301.836 6.859
202306 6.105 305.109 6.682
202309 7.385 307.789 8.013
202312 7.756 306.746 8.444
202403 13.294 312.332 14.214
202406 13.225 314.175 14.058
202409 13.811 315.301 14.628
202412 15.019 315.605 15.892
202503 15.596 319.799 16.286
202506 14.648 322.561 15.165
202509 15.413 324.800 15.847
202512 16.012 324.054 16.501
202603 16.607 330.213 16.795
202606 22.132 333.952 22.132

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 19.26 mean?
Alchip Technologies (LUX:ALCHA) has a Cyclically Adjusted PB Ratio of 19.26 as of Sep. 04, 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 Alchip Technologies and its competitors. This is near median its historical median of 18.65. Over the past decade, Alchip Technologies' Cyclically Adjusted PB Ratio has ranged from 8.48 to 45.63. According to the industry distribution chart, Alchip Technologies ranks #671 out of 725 companies in the Semiconductors industry, placing it in the top 92.6%.
Is Alchip Technologies' Cyclically Adjusted PB Ratio too high?
Alchip Technologies' current Cyclically Adjusted PB Ratio of 19.26 is near median its 10-year median of 18.65. Over the past 10 years, this metric has ranged from a low of 8.48 to a high of 45.63. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.18. Alchip Technologies' value of 19.26 is 505.7% above this industry median. Based on the distribution chart, Alchip Technologies ranks #671 out of 725 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Alchip Technologies has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does Alchip Technologies' Cyclically Adjusted PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Alchip Technologies ranks #671 out of 725 companies for Cyclically Adjusted PB Ratio. This places Alchip Technologies in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.18. Alchip Technologies' value of 19.26 is 505.7% above this benchmark. Historically, Alchip Technologies' own Cyclically Adjusted PB Ratio has ranged from 8.48 to 45.63 over the past decade. While the company's 10-year median is 18.65 vs. the industry median of 3.18, Alchip Technologies 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 3.18, 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. Alchip Technologies's current Cyclically Adjusted PB Ratio of 19.26 is 505.7% 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 Alchip Technologies and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alchip Technologies's current Cyclically Adjusted PB Ratio is 19.26, which is near median its own 10-year median of 18.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alchip Technologies stock overvalued right now?
Alchip Technologies (LUX:ALCHA) has a current Cyclically Adjusted PB Ratio of 19.26. The stock's GF Value™ is $66.94, compared to a current price of $88.00 — trading 31.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 19.26, which is near median its 10-year median of 18.65 and 505.7% above the Semiconductors industry median of 3.18. Alchip Technologies' overall GF Score™ is 92/100 with 5 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 Alchip Technologies (LUX:ALCHA), the current Cyclically Adjusted PB Ratio is 19.26 as of Sep. 04, 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 Alchip Technologies (LUX:ALCHA) Overvalued in 2026?

Based on GuruFocus' analysis, Alchip Technologies stock appears to be overvalued. The current stock price of $88.00 is trading 31.5% above its estimated GF Value™ of $66.94.

Key valuation signals for LUX:ALCHA:

  • Cyclically Adjusted PB Ratio: 19.26 (near median its 10-year median of 18.65)
  • GF Value™: $66.94 vs. price of $88.00 (31.5% above fair value)
  • GF Score™: 92/100 with 5 warning signs
  • Industry Position: 505.7% above the Semiconductors median (#671 of 725)

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


Alchip Technologies Business Description

Other Exchanges 3661:Taiwan
Address Wenhu Street, No.12, 9th floor, Neihu District, Taipei, TWN, 11445
Alchip Technologies Ltd is engaged in the research and development, design, and manufacture of fabless application-specific integrated circuits (ASIC) and system on a chip (SoC) and the rendering of related services. Its geographical segments are China, Japan, the United States, Europe, Taiwan, and Others, of which majority of its revenue comes from the United States.
92GF Score

Get the complete analysis for LUX:ALCHA

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

$88.00
Price
$66.94
GF Value