VSH (Vishay Intertechnology) Cyclically Adjusted PB Ratio: 2.83 (As of Jul. 13, 2026) — 85% Above Median


VSH Vishay Intertechnology Inc VSH
59 GF Score
Price $42.60
GF Value $21.10
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Vishay Intertechnology Cyclically Adjusted PB Ratio?

Vishay Intertechnology VSH -4.63% 59 Cyclically Adjusted PB Ratio is 2.83 as of Jul. 13, 2026, which is 85% above its 10-year median of 1.53. GuruFocus rates VSH with a GF Scoreâ„¢ of 59/100 and a GF Valueâ„¢ of $21.10 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 736 Semiconductors companies, Vishay Intertechnology ranks better than 55.16% on this metric.

As of today (2026-07-13), Vishay Intertechnology's current share price is $42.60. Vishay Intertechnology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $15.03. Vishay Intertechnology's Cyclically Adjusted PB Ratio for today is 2.83.

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

VSH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.53   Max: 4.32
Current: 2.97

During the past years, Vishay Intertechnology's highest Cyclically Adjusted PB Ratio was 4.32. The lowest was 0.76. And the median was 1.53.

VSH's Cyclically Adjusted PB Ratio is ranked better than
55.16% of 736 companies
in the Semiconductors industry
Industry Median: 3.515 vs VSH: 2.97

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 Mar. 2026 was $15.252. 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 $15.03 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vishay Intertechnology  (NYSE:VSH) 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


Vishay Intertechnology Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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.

Vishay Intertechnology Cyclically Adjusted PB Ratio Chart

Vishay Intertechnology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.69 1.57 1.69 1.17 0.98

Vishay Intertechnology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.09 1.08 1.03 0.98 1.20

VSH vs CRUS, SLAB, QRVO: Cyclically Adjusted PB Ratio Comparison

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 Cyclically Adjusted PB Ratio vs 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.


VSH
59GF Score
Vishay Intertechnology Inc VSH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=42.60/15.03
=2.83

* 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 Mar. 2026 is calculated as:

For example, Vishay Intertechnology's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=15.252/330.2130*330.2130
=15.252

Current CPI (Mar. 2026) = 330.2130.

Vishay Intertechnology Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.407 241.018 15.628
201609 11.674 241.428 15.967
201612 11.332 241.432 15.499
201703 11.646 243.801 15.774
201706 12.360 244.955 16.662
201709 12.873 246.819 17.222
201712 11.683 246.524 15.649
201803 12.231 249.554 16.184
201806 10.148 251.989 13.298
201809 10.650 252.439 13.931
201812 9.600 251.233 12.618
201903 9.996 254.202 12.985
201906 10.315 256.143 13.298
201909 10.284 256.759 13.226
201912 10.283 256.974 13.214
202003 10.143 258.115 12.976
202006 10.345 257.797 13.251
202009 10.623 260.280 13.477
202012 10.897 260.474 13.815
202103 10.811 264.877 13.478
202106 11.443 271.696 13.908
202109 11.916 274.310 14.344
202112 12.042 278.802 14.263
202203 12.538 287.504 14.401
202206 12.869 296.311 14.341
202209 13.389 296.808 14.896
202212 14.111 296.797 15.700
202303 15.296 301.836 16.734
202306 15.899 305.109 17.207
202309 15.457 307.789 16.583
202312 15.943 306.746 17.163
202403 15.863 312.332 16.771
202406 15.909 314.175 16.721
202409 15.958 315.301 16.713
202412 14.944 315.605 15.636
202503 14.993 319.799 15.481
202506 15.451 322.561 15.818
202509 15.363 324.800 15.619
202512 15.401 324.054 15.694
202603 15.252 330.213 15.252

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.

What does a Cyclically Adjusted PB Ratio of 2.83 mean?
Vishay Intertechnology (VSH) has a Cyclically Adjusted PB Ratio of 2.83 as of Jul. 13, 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 Vishay Intertechnology and its competitors. This is 85% above median its historical median of 1.53. Over the past decade, Vishay Intertechnology's Cyclically Adjusted PB Ratio has ranged from 0.76 to 4.32. According to the industry distribution chart, Vishay Intertechnology ranks #330 out of 736 companies in the Semiconductors industry, placing it in the top 44.8%.
Is Vishay Intertechnology's Cyclically Adjusted PB Ratio too high?
Vishay Intertechnology's current Cyclically Adjusted PB Ratio of 2.83 is 85% above median its 10-year median of 1.53. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 4.32. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.52. Vishay Intertechnology's value of 2.83 is 19.5% below this industry median. Based on the distribution chart, Vishay Intertechnology ranks #330 out of 736 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Vishay Intertechnology has a GF Scoreâ„¢ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vishay Intertechnology's Cyclically Adjusted PB Ratio compare to CRUS and SLAB?
According to the Semiconductors industry distribution chart, Vishay Intertechnology ranks #330 out of 736 companies for Cyclically Adjusted PB Ratio. This puts Vishay Intertechnology in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.52. Vishay Intertechnology's value of 2.83 is 19.5% below this benchmark. Historically, Vishay Intertechnology's own Cyclically Adjusted PB Ratio has ranged from 0.76 to 4.32 over the past decade. While the company's 10-year median is 1.53 vs. the industry median of 3.52, Vishay Intertechnology 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 3.52, 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. Vishay Intertechnology's current Cyclically Adjusted PB Ratio of 2.83 is 19.5% 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 Vishay Intertechnology and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vishay Intertechnology's current Cyclically Adjusted PB Ratio is 2.83, which is 85% above median its own 10-year median of 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vishay Intertechnology stock overvalued right now?
Based on GuruFocus' analysis, Vishay Intertechnology (VSH) is currently considered Significantly Overvalued. The stock's GF Value™ is $21.10, compared to a current price of $42.60 — trading 101.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.83, which is 85% above median its 10-year median of 1.53 and 19.5% below the Semiconductors industry median of 3.52. Vishay Intertechnology's overall GF Score™ is 59/100 with 7 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 Vishay Intertechnology (VSH), the current Cyclically Adjusted PB Ratio is 2.83 as of Jul. 13, 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 Vishay Intertechnology (VSH) Overvalued in 2026?

Based on GuruFocus' analysis, Vishay Intertechnology stock appears to be overvalued. The current stock price of $42.60 is trading 101.9% above its estimated GF Value™ of $21.10. GuruFocus considers Vishay Intertechnology to be Significantly Overvalued.

Key valuation signals for VSH:

  • Cyclically Adjusted PB Ratio: 2.83 (85% above median its 10-year median of 1.53)
  • GF Value™: $21.10 vs. price of $42.60 (101.9% above fair value)
  • GF Score™: 59/100 with 7 warning signs
  • Industry Position: 19.5% below the Semiconductors median (#330 of 736)

No single metric tells the full story. See the VSH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vishay Intertechnology Business Description

Other Exchanges VHY:Germany
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 all over the world. 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.
59GF Score

Get the complete analysis for VSH

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$42.60
Price
$21.10
GF Value