GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Everspin Technologies Inc (NAS:MRAM) » Definitions » Cyclically Adjusted PB Ratio

MRAM (Everspin Technologies) Cyclically Adjusted PB Ratio : 10.42 (As of May. 29, 2025)


View and export this data going back to 2016. Start your Free Trial

What is Everspin Technologies Cyclically Adjusted PB Ratio?

As of today (2025-05-29), Everspin Technologies's current share price is $5.52. Everspin Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $0.53. Everspin Technologies's Cyclically Adjusted PB Ratio for today is 10.42.

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

MRAM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 8.6   Med: 10.91   Max: 11.6
Current: 10.5

During the past years, Everspin Technologies's highest Cyclically Adjusted PB Ratio was 11.60. The lowest was 8.60. And the median was 10.91.

MRAM's Cyclically Adjusted PB Ratio is ranked worse than
93.89% of 704 companies
in the Semiconductors industry
Industry Median: 1.965 vs MRAM: 10.50

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.

Everspin Technologies's adjusted book value per share data for the three months ended in Mar. 2025 was $2.820. 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 $0.53 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Everspin Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Everspin 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.

* Premium members only.

Everspin Technologies Cyclically Adjusted PB Ratio Chart

Everspin Technologies 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 - - - - -

Everspin Technologies 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 - - - - 9.58

Competitive Comparison of Everspin Technologies's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Everspin 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.


Everspin Technologies's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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


;
;

Everspin 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.52/0.53
=10.42

* 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.

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

For example, Everspin Technologies'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)
=2.82/134.9266*134.9266
=2.820

Current CPI (Mar. 2025) = 134.9266.

Everspin Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201412 -10.803 99.070 -14.713
201509 0.000 100.392 0.000
201512 -13.980 99.792 -18.902
201603 0.000 100.470 0.000
201606 -0.794 101.688 -1.054
201609 -7.610 101.861 -10.080
201612 2.150 101.863 2.848
201703 1.718 102.862 2.254
201706 1.421 103.349 1.855
201709 1.107 104.136 1.434
201712 0.849 104.011 1.101
201803 2.204 105.290 2.824
201806 1.890 106.317 2.399
201809 1.618 106.507 2.050
201812 1.458 105.998 1.856
201903 1.250 107.251 1.573
201906 1.087 108.070 1.357
201909 1.030 108.329 1.283
201912 1.023 108.420 1.273
202003 1.071 108.902 1.327
202006 1.082 108.767 1.342
202009 0.947 109.815 1.164
202012 0.915 109.897 1.123
202103 0.947 111.754 1.143
202106 0.994 114.631 1.170
202109 1.091 115.734 1.272
202112 1.372 117.630 1.574
202203 1.505 121.301 1.674
202206 1.652 125.017 1.783
202209 1.812 125.227 1.952
202212 1.898 125.222 2.045
202303 1.977 127.348 2.095
202306 2.221 128.729 2.328
202309 2.405 129.860 2.499
202312 2.558 129.419 2.667
202403 2.606 131.776 2.668
202406 2.559 132.554 2.605
202409 2.715 133.029 2.754
202412 2.837 133.157 2.875
202503 2.820 134.927 2.820

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.


Everspin Technologies  (NAS:MRAM) 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.


Everspin Technologies Cyclically Adjusted PB Ratio Related Terms

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


Everspin Technologies Business Description

Traded in Other Exchanges
Address
5670 W. Chandler Boulevard, Suite 130, Chandler, AZ, USA, 85226
Everspin Technologies Inc is a provider of Magnetoresistive Random Access Memory (MRAM) products. Its portfolio of MRAM technologies, including Toggle MRAM and Spin-transfer Torque MRAM (STT-MRAM), delivers superior performance, persistence, and reliability in non-volatile memories that transform how mission-critical data is protected against power loss. The company derives revenue from the sale of MRAM-based products in discrete unit form, licenses of and royalties on MRAM and magnetic sensor technology, the sale of backend foundry services, and design services to third parties. It recognizes revenue in three primary geographic regions; North America; Europe, the Middle East, and Africa (EMEA) and Asia-Pacific (APAC).
Executives
Sanjeev Aggarwal officer: Vice President, Technology R&D EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BOULEVARD, SUITE 130, CHANDLER AZ 85226
David Schrenk officer: VP Sales and Business C/O EVERSPIN TECHNOLOGIES, INC., 5670 CHANDLER BOULEVARD, SUITE 130, CHANDLER AZ 85226
Matthew Tenorio officer: Interim CFO, PFO and PAO C/O EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BLVD., SUITE 100, CHANDLER AZ 85226
Anuj Aggarwal officer: Interim CFO EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BOULEVARD, SUITE 130, CHANDLER AZ 85226
Geoffrey G Ribar director
Darin G Billerbeck director, officer: Interim CEO EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BOULEVARD, SUITE 130, CHANDLER AZ 85226
Michael B Gustafson director 380 INTERLOCKEN CRESCENT, BROOMFIELD CO 80021
Troy Winslow officer: VP, Sales and Marketing C/O EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER ROAD, CHANDLER CA 85226
Glen Hawk director EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BOULEVARD, SUITE 130, CHANDLER AZ 85226
Tara Long director EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BOULEVARD, SUITE 130, CHANDLER AZ 85226
Stephen Socolof director, 10 percent owner C/O EVERSPIN TECHNOLOGIES, INC., 1347 N. ALMA SCHOOL ROAD, SUITE 220, CHANDLER AZ 85224
Aparna Oka officer: Corporate Controller 5670 W CHANDLER BLVD, SUITE 100, CHANDLER AZ 85226
Lawrence G Finch director C/O EVERSPIN TECHNOLOGIES, INC.,, 5670 W. CHANDLER BOULEVARD, SUITE 130, CHANDLER AZ 85226
Geoffrey Tate other: Former Director 4440 EL CAMINO REAL, LOS ALTOS CA 94022
Daniel Berenbaum officer: CFO C/O EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BLVD., SUITE 100, CHANDLER AZ 85226