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Onto Innovation (MEX:ONTO) Cyclically Adjusted PB Ratio : 2.14 (As of May. 25, 2025)


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What is Onto Innovation Cyclically Adjusted PB Ratio?

As of today (2025-05-25), Onto Innovation's current share price is MXN1996.23. Onto Innovation's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN934.74. Onto Innovation's Cyclically Adjusted PB Ratio for today is 2.14.

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

MEX:ONTO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.26   Med: 3.6   Max: 9.98
Current: 3.48

During the past years, Onto Innovation's highest Cyclically Adjusted PB Ratio was 9.98. The lowest was 1.26. And the median was 3.60.

MEX:ONTO's Cyclically Adjusted PB Ratio is ranked worse than
69.8% of 702 companies
in the Semiconductors industry
Industry Median: 1.97 vs MEX:ONTO: 3.48

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.

Onto Innovation's adjusted book value per share data for the three months ended in Mar. 2025 was MXN804.145. 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 MXN934.74 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Onto Innovation Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Onto Innovation'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.

Onto Innovation Cyclically Adjusted PB Ratio Chart

Onto Innovation Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.43 6.08 3.46 6.82 6.55

Onto Innovation Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 7.75 9.11 8.37 6.55 4.59

Competitive Comparison of Onto Innovation's Cyclically Adjusted PB Ratio

For the Semiconductor Equipment & Materials subindustry, Onto Innovation'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.


Onto Innovation's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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


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Onto Innovation 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.

Onto Innovation's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1996.23/934.74
=2.14

* 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.

Onto Innovation's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Onto Innovation's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=804.145/134.9266*134.9266
=804.145

Current CPI (Mar. 2025) = 134.9266.

Onto Innovation Quarterly Data

Book Value per Share CPI Adj_Book
201506 164.992 100.684 221.106
201509 181.124 100.392 243.431
201512 186.426 99.792 252.062
201603 193.846 100.470 260.325
201606 212.491 101.688 281.947
201609 230.160 101.861 304.873
201612 241.186 101.863 319.473
201703 224.882 102.862 294.983
201706 222.587 103.349 290.597
201709 236.612 104.136 306.574
201712 256.648 104.011 332.932
201803 248.144 105.290 317.992
201806 279.467 106.317 354.671
201809 271.969 106.507 344.540
201812 285.013 105.998 362.798
201903 287.420 107.251 361.589
201906 288.899 108.070 360.695
201909 303.175 108.329 377.611
201912 475.042 108.420 591.180
202003 585.009 108.902 724.813
202006 578.525 108.767 717.664
202009 559.913 109.815 687.950
202012 515.984 109.897 633.503
202103 539.579 111.754 651.460
202106 538.053 114.631 633.314
202109 573.135 115.734 668.178
202112 593.389 117.630 680.645
202203 592.973 121.301 659.581
202206 619.691 125.017 668.813
202209 637.543 125.227 686.927
202212 639.305 125.222 688.852
202303 600.067 127.348 635.779
202306 579.975 128.729 607.899
202309 601.999 129.860 625.489
202312 600.505 129.419 626.058
202403 600.932 131.776 615.299
202406 680.121 132.554 692.296
202409 758.878 133.029 769.704
202412 815.744 133.157 826.584
202503 804.145 134.927 804.145

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.


Onto Innovation  (MEX:ONTO) 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.


Onto Innovation Cyclically Adjusted PB Ratio Related Terms

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


Onto Innovation Business Description

Traded in Other Exchanges
Address
16 Jonspin Road, Wilmington, MA, USA, 01887
Onto Innovation Inc is engaged in the design, development, manufacture, and support of high-performance control metrology, defect inspection, lithography, and data analysis systems used by microelectronics device manufacturers. The Company and its subsidiaries currently operate in a single operating segment. The company mainly operates in the United States, Southeast Asia, China, Japan, and Europe, with Taiwan and South Korea the sources of total revenue.