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STMicroelectronics NV (MEX:STM N) Cyclically Adjusted PB Ratio : 2.11 (As of Apr. 29, 2025)


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What is STMicroelectronics NV Cyclically Adjusted PB Ratio?

As of today (2025-04-29), STMicroelectronics NV's current share price is MXN501.87. STMicroelectronics NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN237.38. STMicroelectronics NV's Cyclically Adjusted PB Ratio for today is 2.11.

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

MEX:STM N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.77   Med: 3.54   Max: 7.87
Current: 2.13

During the past years, STMicroelectronics NV's highest Cyclically Adjusted PB Ratio was 7.87. The lowest was 0.77. And the median was 3.54.

MEX:STM N's Cyclically Adjusted PB Ratio is ranked worse than
55.73% of 698 companies
in the Semiconductors industry
Industry Median: 1.91 vs MEX:STM N: 2.13

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.

STMicroelectronics NV's adjusted book value per share data for the three months ended in Mar. 2025 was MXN405.454. 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 MXN237.38 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


STMicroelectronics NV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for STMicroelectronics NV'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.

STMicroelectronics NV Cyclically Adjusted PB Ratio Chart

STMicroelectronics NV 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 5.38 7.35 5.00 5.84 2.67

STMicroelectronics NV 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 4.91 4.34 3.04 2.67 2.11

Competitive Comparison of STMicroelectronics NV's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, STMicroelectronics NV'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.


STMicroelectronics NV's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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


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STMicroelectronics NV 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.

STMicroelectronics NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=501.87/237.38
=2.11

* 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.

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

For example, STMicroelectronics NV'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)
=405.454/107.7224*107.7224
=405.454

Current CPI (Mar. 2025) = 107.7224.

STMicroelectronics NV Quarterly Data

Book Value per Share CPI Adj_Book
201506 93.020 100.464 99.741
201509 89.769 99.785 96.909
201512 90.659 99.386 98.263
201603 93.144 99.475 100.866
201606 109.252 100.088 117.586
201609 100.253 99.604 108.424
201612 105.838 99.380 114.723
201703 100.375 100.040 108.083
201706 110.291 100.285 118.470
201709 104.471 100.254 112.254
201712 118.373 100.213 127.243
201803 115.571 100.836 123.464
201806 129.099 101.435 137.101
201809 124.012 101.246 131.945
201812 138.994 100.906 148.383
201903 140.516 101.571 149.026
201906 148.908 102.044 157.194
201909 146.127 101.396 155.245
201912 149.008 101.063 158.826
202003 188.370 101.048 200.813
202006 184.223 100.743 196.986
202009 187.747 100.585 201.070
202012 185.603 100.241 199.456
202103 194.037 100.800 207.363
202106 187.288 101.352 199.060
202109 192.616 101.533 204.359
202112 208.395 101.776 220.572
202203 214.904 103.205 224.311
202206 225.138 104.783 231.454
202209 242.301 104.835 248.975
202212 273.783 104.666 281.777
202303 275.721 106.245 279.556
202306 274.613 106.576 277.568
202309 297.180 106.570 300.395
202312 314.545 106.461 318.271
202403 314.571 107.355 315.648
202406 361.258 107.991 360.360
202409 383.606 107.468 384.514
202412 405.167 107.128 407.415
202503 405.454 107.722 405.454

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.


STMicroelectronics NV  (MEX:STM N) 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.


STMicroelectronics NV Cyclically Adjusted PB Ratio Related Terms

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


STMicroelectronics NV Business Description

Address
39, Chemin du Champ des Filles, Plan-Les-Ouates, Geneva, CHE, 1228
A merger between Italian firm SGS Microelettronica and the nonmilitary business of Thomson Semiconducteurs in France formed STMicroelectronics in 1987. STMicroelectronics is a leader in a variety of semiconductor products, including analog chips, discrete power semiconductors, microcontrollers, and sensors. It is an especially prominent chip supplier to the industrial and automotive industries.

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