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Vishay Intertechnology (STU:VHY) Cyclically Adjusted PB Ratio : 1.25 (As of Sep. 24, 2024)


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What is Vishay Intertechnology Cyclically Adjusted PB Ratio?

As of today (2024-09-24), Vishay Intertechnology's current share price is €16.615. Vishay Intertechnology's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €13.25. Vishay Intertechnology's Cyclically Adjusted PB Ratio for today is 1.25.

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

STU:VHY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.51   Max: 2.17
Current: 1.28

During the past years, Vishay Intertechnology's highest Cyclically Adjusted PB Ratio was 2.17. The lowest was 0.70. And the median was 1.51.

STU:VHY's Cyclically Adjusted PB Ratio is ranked better than
72.99% of 559 companies
in the Semiconductors industry
Industry Median: 2.38 vs STU:VHY: 1.28

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.

Vishay Intertechnology's adjusted book value per share data for the three months ended in Jun. 2024 was €14.780. 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 €13.25 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vishay Intertechnology Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vishay Intertechnology'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.

Vishay Intertechnology Cyclically Adjusted PB Ratio Chart

Vishay Intertechnology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.77 1.70 1.69 1.57 1.69

Vishay Intertechnology Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.08 1.74 1.69 1.57 1.54

Competitive Comparison of Vishay Intertechnology's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Vishay Intertechnology'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.


Vishay Intertechnology's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Vishay Intertechnology 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.

Vishay Intertechnology's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.615/13.25
=1.25

* 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.

Vishay Intertechnology's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Vishay Intertechnology's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=14.78/132.5538*132.5538
=14.780

Current CPI (Jun. 2024) = 132.5538.

Vishay Intertechnology Quarterly Data

Book Value per Share CPI Adj_Book
201409 9.927 100.428 13.103
201412 10.040 99.070 13.433
201503 11.103 99.621 14.773
201506 10.918 100.684 14.374
201509 10.737 100.392 14.177
201512 10.092 99.792 13.405
201603 10.197 100.470 13.453
201606 10.152 101.688 13.233
201609 10.401 101.861 13.535
201612 10.743 101.863 13.980
201703 10.889 102.862 14.032
201706 11.000 103.349 14.108
201709 10.800 104.136 13.747
201712 9.872 104.011 12.581
201803 9.919 105.290 12.487
201806 8.687 106.317 10.831
201809 9.127 106.507 11.359
201812 8.438 105.998 10.552
201903 8.846 107.251 10.933
201906 9.129 108.070 11.197
201909 9.338 108.329 11.426
201912 9.255 108.420 11.315
202003 9.179 108.902 11.173
202006 9.187 108.767 11.196
202009 9.019 109.815 10.887
202012 8.958 109.897 10.805
202103 9.081 111.754 10.771
202106 9.498 114.631 10.983
202109 10.129 115.734 11.601
202112 10.657 117.630 12.009
202203 11.384 121.301 12.440
202206 12.174 125.017 12.908
202209 13.523 125.227 14.314
202212 13.321 125.222 14.101
202303 14.286 127.348 14.870
202306 14.675 128.729 15.111
202309 14.483 129.860 14.783
202312 14.619 129.419 14.973
202403 14.594 131.776 14.680
202406 14.780 132.554 14.780

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.


Vishay Intertechnology  (STU:VHY) 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.


Vishay Intertechnology Cyclically Adjusted PB Ratio Related Terms

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


Vishay Intertechnology Business Description

Traded in Other Exchanges
Address
63 Lancaster Avenue, Malvern, PA, USA, 19355-2143
Vishay Intertechnology Inc provides a broad product portfolio of discrete semiconductors and passive electronic components to original equipment manufacturers and distributors. These products are found in industrial, computing, automotive, consumer, telecommunications, power supplies, military, aerospace, and medical markets and serve customer worldwide. Its product segments consist of two general classes: semiconductors and passive components. The company's operating segment includes metal oxide semiconductor field-effect transistors, diodes, optoelectronic components, resistors, inductors, and capacitors. Revenue mainly comes from resistors, which are basic components used in all forms of electronic circuitry to adjust and regulate levels of voltage and current.

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