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ams-OSRAM AG (WBO:AMS) Cyclically Adjusted PB Ratio : 0.19 (As of Jun. 24, 2024)


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What is ams-OSRAM AG Cyclically Adjusted PB Ratio?

As of today (2024-06-24), ams-OSRAM AG's current share price is €1.25. ams-OSRAM AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €6.64. ams-OSRAM AG's Cyclically Adjusted PB Ratio for today is 0.19.

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

WBO:AMS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 1.07   Max: 2.98
Current: 0.2

During the past years, ams-OSRAM AG's highest Cyclically Adjusted PB Ratio was 2.98. The lowest was 0.15. And the median was 1.07.

WBO:AMS's Cyclically Adjusted PB Ratio is ranked better than
96.51% of 688 companies
in the Semiconductors industry
Industry Median: 2.585 vs WBO:AMS: 0.20

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. 2024 was €1.237. 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 €6.64 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ams-OSRAM AG Cyclically Adjusted PB Ratio Historical Data

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.

* Premium members only.

ams-OSRAM AG Cyclically Adjusted PB Ratio Chart

ams-OSRAM AG 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 1.27 1.13 1.28 0.60 0.34

ams-OSRAM AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.62 0.56 0.37 0.34 0.17

Competitive Comparison of ams-OSRAM AG's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.25/6.64
=0.19

* 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.

ams-OSRAM AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, ams-OSRAM AG's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.237/133.7589*133.7589
=1.237

Current CPI (Mar. 2024) = 133.7589.

ams-OSRAM AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.474 99.496 3.326
201409 2.951 99.586 3.964
201412 3.154 99.676 4.232
201503 3.505 99.992 4.689
201506 3.516 100.492 4.680
201509 3.418 100.292 4.559
201512 3.591 100.692 4.770
201603 3.569 100.692 4.741
201606 3.334 101.092 4.411
201609 3.551 101.192 4.694
201612 3.670 102.092 4.808
201703 4.698 102.592 6.125
201706 4.030 102.991 5.234
201709 3.434 103.591 4.434
201712 3.572 104.291 4.581
201803 5.227 104.491 6.691
201806 5.369 105.091 6.834
201809 5.662 105.691 7.166
201812 5.721 106.291 7.199
201903 5.752 106.391 7.232
201906 5.763 106.791 7.218
201909 6.855 106.991 8.570
201912 7.572 108.091 9.370
202003 3.463 108.024 4.288
202006 6.409 107.915 7.944
202009 6.284 108.348 7.758
202012 6.364 109.321 7.787
202103 6.659 110.186 8.084
202106 5.831 110.943 7.030
202109 5.940 111.916 7.099
202112 6.463 113.971 7.585
202203 6.660 117.647 7.572
202206 7.292 120.567 8.090
202209 6.773 123.811 7.317
202212 5.811 125.541 6.191
202303 5.423 128.460 5.647
202306 2.572 130.191 2.642
202309 2.593 131.272 2.642
202312 1.923 132.570 1.940
202403 1.237 133.759 1.237

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.


ams-OSRAM AG  (WBO:AMS) 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

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ams-OSRAM AG (WBO:AMS) Business Description

Industry
Address
Tobelbader Strasse 30, Premstaetten, AUT, 8141
ams-OSRAM AG designs manufactures and sells sensors, sensor interfaces, and analog integrated circuit solutions worldwide. The company is an important supplier to customers in the consumer, communications, medical, automotive, and industrial end markets. The firm operates in two segments semiconductors and Lamps and systems. The majority of its revenues is generated from semiconductor.