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MKS (MKSI) Cyclically Adjusted PB Ratio : 1.89 (As of May. 30, 2025)


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What is MKS Cyclically Adjusted PB Ratio?

As of today (2025-05-30), MKS's current share price is $82.48. MKS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $43.56. MKS's Cyclically Adjusted PB Ratio for today is 1.89.

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

MKSI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.38   Med: 3.31   Max: 6.9
Current: 1.96

During the past years, MKS's highest Cyclically Adjusted PB Ratio was 6.90. The lowest was 1.38. And the median was 3.31.

MKSI's Cyclically Adjusted PB Ratio is ranked worse than
55.46% of 1922 companies
in the Hardware industry
Industry Median: 1.655 vs MKSI: 1.96

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.

MKS's adjusted book value per share data for the three months ended in Mar. 2025 was $35.187. 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 $43.56 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


MKS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MKS'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.

MKS Cyclically Adjusted PB Ratio Chart

MKS 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 5.51 5.46 2.26 2.52 2.44

MKS 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 3.18 3.09 2.55 2.44 1.84

Competitive Comparison of MKS's Cyclically Adjusted PB Ratio

For the Scientific & Technical Instruments subindustry, MKS'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.


MKS's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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


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MKS 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.

MKS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=82.48/43.56
=1.89

* 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.

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

For example, MKS'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)
=35.187/134.9266*134.9266
=35.187

Current CPI (Mar. 2025) = 134.9266.

MKS Quarterly Data

Book Value per Share CPI Adj_Book
201506 21.164 100.684 28.362
201509 21.531 100.392 28.938
201512 21.821 99.792 29.504
201603 21.969 100.470 29.503
201606 22.058 101.688 29.268
201609 22.687 101.861 30.052
201612 23.136 101.863 30.646
201703 24.225 102.862 31.776
201706 26.344 103.349 34.393
201709 27.771 104.136 35.982
201712 29.231 104.011 37.919
201803 31.167 105.290 39.940
201806 32.881 106.317 41.729
201809 33.533 106.507 42.481
201812 34.663 105.998 44.123
201903 35.419 107.251 44.559
201906 35.710 108.070 44.585
201909 36.214 108.329 45.105
201912 37.059 108.420 46.119
202003 37.405 108.902 46.344
202006 38.610 108.767 47.896
202009 40.387 109.815 49.622
202012 42.772 109.897 52.514
202103 44.682 111.754 53.947
202106 47.199 114.631 55.555
202109 49.164 115.734 57.317
202112 52.018 117.630 59.667
202203 54.442 121.301 60.557
202206 56.176 125.017 60.629
202209 62.391 125.227 67.224
202212 67.312 125.222 72.529
202303 66.763 127.348 70.736
202306 37.294 128.729 39.090
202309 37.010 129.860 38.454
202312 36.951 129.419 38.523
202403 36.125 131.776 36.989
202406 33.180 132.554 33.774
202409 35.632 133.029 36.140
202412 34.451 133.157 34.909
202503 35.187 134.927 35.187

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.


MKS  (NAS:MKSI) 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.


MKS Cyclically Adjusted PB Ratio Related Terms

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


MKS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MKS Inc (NAS:MKSI) » Definitions » Cyclically Adjusted PB Ratio
Traded in Other Exchanges
Address
2 Tech Drive, Suite 201, Andover, MA, USA, 01810
MKS Inc formerly, MKS Instruments Inc is engaged in providing instruments, subsystems, and process control systems used to measure, monitor, deliver, and control parameters of manufacturing processes. The company's product portfolio includes instruments, components, and systems required in manufacturing products such as flat panel displays, medical devices, and electronic materials, among others, used in industrial technologies, semiconductors, life and health sciences, and research and defense markets. The company organizes itself into three reportable business segments: Vacuum Solutions, Photonics Solutions, and Materials Solutions. The Vacuum Solutions segment contributes the majority of the company's revenue.
Executives
Elizabeth Mora director C/O MKS INSTRUMENTS, INC., 2 TECH DRIVE, SUITE 201, ANDOVER MA 01810
Jacqueline F Moloney director 222 MERRIMACK STREET, LOWELL MA 01852
Gerard G Colella officer: VP Global Business Operations 6 SHATTUCK RD, ANDOVER MA 01810
Kathleen Flaherty Burke officer: Sr. VP, GC & Secretary MKS INSTRUMENTS, INC., 2 TECH DRIVE, SUITE 201, ANDOVER MA 01810
Seth H Bagshaw officer: Vice President, CFO
David Philip Henry officer: SVP, Corp Mkt, PMO & Glob Svc MKS INSTRUMENTS, INC., 2 TECH DRIVE, SUITE 201, ANDOVER MA 01810
Cap Iv, L.l.c. 10 percent owner C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004
Cap Iv General Partner, L.p. 10 percent owner C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004
Carlyle Asia Partners Iv, L.p. 10 percent owner 1001 PENNSYLVANIA AVENUE, NW, SUITE 220, WASHINGTON DC 20004
Carlyle Partners Vi Cayman Holdings, L.p. 10 percent owner C/O WALKERS CORPORATE LIMITED, CAYMAN CORPORATE CENTRE, 27 HOSPITAL RD., GEORGE TOWN, GRAND CAYMAN E9 KY1-9008
Carlyle Group Inc. 10 percent owner C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Geoffrey Wild director 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Tc Group Vi Cayman, L.p. 10 percent owner C/O WALKERS CORPORATE LIMITED, CAYMAN CORPORATE CENTRE, 27 HOSPITAL RD., GEORGE TOWN, GRAND CAYMAN E9 KY1-9008
Cg Subsidiary Holdings L.l.c. 10 percent owner C/O THE CARLYLE GROUP, SUITE 220 SOUTH, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Tc Group Vi Cayman, L.l.c. 10 percent owner C/O THE CARLYLE GROUP, SUITE 220 SOUTH, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004