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ams-OSRAM AGMIL:1AMSO -1.74%22 Cyclically Adjusted PB Ratio is 0.33 as of Jul. 16, 2026, which is 81% below its 10-year median of 1.78. GuruFocus rates MIL:1AMSO with a GF Score™ of 22/100 and a GF Value™ of €8.25 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 736 Semiconductors companies, ams-OSRAM AG ranks better than 93.89% on this metric.
The historical rank and industry rank for ams-OSRAM AG's Cyclically Adjusted PB Ratio or its related term are showing as below:
MIL:1AMSO'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09 Med: 1.78 Max: 14.16
Current: 0.33
During the past years, ams-OSRAM AG's highest Cyclically Adjusted PB Ratio was 14.16. The lowest was 0.09. And the median was 1.78.
MIL:1AMSO's Cyclically Adjusted PB Ratio is ranked better than 93.89% of 736
companies
in the Semiconductors industry
Industry Median: 3.445
vs MIL:1AMSO: 0.33
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.
ams-OSRAM AG's adjusted book value per share data for the three months ended in Mar. 2026 was €8.328. 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 €59.39 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
ams-OSRAM AG (MIL:1AMSO) 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.
MIL:1AMSO 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.
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 PB Ratio for today is calculated as
* 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.
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 0.33 mean?
ams-OSRAM AG (MIL:1AMSO) has a Cyclically Adjusted PB Ratio of 0.33 as of Jul. 16, 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 ams-OSRAM AG and its competitors. This is 81% below median its historical median of 1.78. Over the past decade, ams-OSRAM AG's Cyclically Adjusted PB Ratio has ranged from 0.09 to 14.16. According to the industry distribution chart, ams-OSRAM AG ranks #45 out of 736 companies in the Semiconductors industry, placing it in the top 6.1%.
Is ams-OSRAM AG's Cyclically Adjusted PB Ratio too high?
ams-OSRAM AG's current Cyclically Adjusted PB Ratio of 0.33 is 81% below median its 10-year median of 1.78. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 14.16. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.45. ams-OSRAM AG's value of 0.33 is 90.4% below this industry median. Based on the distribution chart, ams-OSRAM AG ranks #45 out of 736 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, ams-OSRAM AG has a GF Score™ of 22/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ams-OSRAM AG's Cyclically Adjusted PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, ams-OSRAM AG ranks #45 out of 736 companies for Cyclically Adjusted PB Ratio. This places ams-OSRAM AG in the top 6% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 3.45. ams-OSRAM AG's value of 0.33 is 90.4% below this benchmark. Historically, ams-OSRAM AG's own Cyclically Adjusted PB Ratio has ranged from 0.09 to 14.16 over the past decade. While the company's 10-year median is 1.78 vs. the industry median of 3.45, ams-OSRAM AG has consistently been below 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 3.45, based on 736 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. ams-OSRAM AG's current Cyclically Adjusted PB Ratio of 0.33 is 90.4% below 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 ams-OSRAM AG and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ams-OSRAM AG's current Cyclically Adjusted PB Ratio is 0.33, which is 81% below median its own 10-year median of 1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ams-OSRAM AG stock overvalued right now?
Based on GuruFocus' analysis, ams-OSRAM AG (MIL:1AMSO) is currently considered Significantly Overvalued. The stock's GF Value™ is €8.25, compared to a current price of €19.75 — trading 139.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.33, which is 81% below median its 10-year median of 1.78 and 90.4% below the Semiconductors industry median of 3.45. ams-OSRAM AG's overall GF Score™ is 22/100 with 6 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 ams-OSRAM AG (MIL:1AMSO), the current Cyclically Adjusted PB Ratio is 0.33 as of Jul. 16, 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 ams-OSRAM AG (MIL:1AMSO) Overvalued in 2026?
Based on GuruFocus' analysis, ams-OSRAM AG stock appears to be overvalued.
The current stock price of €19.75 is trading 139.4% above its estimated GF Value™ of €8.25.
GuruFocus considers ams-OSRAM AG to be Significantly Overvalued.
Key valuation signals for MIL:1AMSO:
Cyclically Adjusted PB Ratio: 0.33 (81% below median its 10-year median of 1.78)
GF Value™: €8.25 vs. price of €19.75 (139.4% above fair value)
Industry Position: 90.4% below the Semiconductors median (#45 of 736)
No single metric tells the full story. See the MIL:1AMSO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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).
22GF Score
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