ams-OSRAM AG (XSWX:AMS) Cyclically Adjusted PB Ratio: 0.34 (As of Jul. 06, 2026) — 81% Below Median


XSWX:AMS ams-OSRAM AG XSWX:AMS
42 GF Score
Price CHF19.61
GF Value CHF7.92
Valuation Significantly Overvalued
! 6 Warning Signs
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What is ams-OSRAM AG Cyclically Adjusted PB Ratio?

ams-OSRAM AG XSWX:AMS -2.24% 42 Cyclically Adjusted PB Ratio is 0.34 as of Jul. 06, 2026, which is 81% below its 10-year median of 1.79. GuruFocus rates XSWX:AMS with a GF Score™ of 42/100 and a GF Value™ of CHF7.92 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 735 Semiconductors companies, ams-OSRAM AG ranks better than 93.74% on this metric.

As of today (2026-07-06), ams-OSRAM AG's current share price is CHF19.61. ams-OSRAM AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was CHF57.30. ams-OSRAM AG's Cyclically Adjusted PB Ratio for today is 0.34.

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

XSWX:AMS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 1.79   Max: 14.16
Current: 0.35

During the past years, ams-OSRAM AG's highest Cyclically Adjusted PB Ratio was 14.16. The lowest was 0.09. And the median was 1.79.

XSWX:AMS's Cyclically Adjusted PB Ratio is ranked better than
93.74% of 735 companies
in the Semiconductors industry
Industry Median: 3.68 vs XSWX:AMS: 0.35

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. 2026 was CHF7.580. 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 CHF57.30 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ams-OSRAM AG  (XSWX: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


ams-OSRAM AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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.

ams-OSRAM AG Cyclically Adjusted PB Ratio Chart

ams-OSRAM AG 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 1.74 0.60 0.34 0.10 0.13

ams-OSRAM AG 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 0.13 0.18 0.19 0.13 0.14

XSWX:AMS vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

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 Cyclically Adjusted PB Ratio vs 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.


XSWX:AMS
42GF Score
ams-OSRAM AG XSWX:AMS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=19.61/57.30
=0.34

* 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. 2026 is calculated as:

For example, ams-OSRAM AG'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)
=7.58/140.3549*140.3549
=7.580

Current CPI (Mar. 2026) = 140.3549.

ams-OSRAM AG Quarterly Data

Book Value per Share CPI Adj_Book
201606 36.318 101.092 50.424
201609 38.787 101.192 53.798
201612 39.465 102.092 54.256
201703 50.323 102.592 68.847
201706 43.839 102.991 59.743
201709 39.396 103.591 53.377
201712 41.724 104.291 56.152
201803 61.100 104.491 82.071
201806 62.090 105.091 82.925
201809 63.972 105.691 84.953
201812 64.556 106.291 85.245
201903 65.025 106.391 85.783
201906 64.336 106.791 84.556
201909 74.791 106.991 98.114
201912 82.670 108.091 107.346
202003 36.711 108.024 47.699
202006 68.657 107.915 89.295
202009 67.718 108.348 87.722
202012 68.785 109.321 88.312
202103 73.710 110.186 93.892
202106 63.771 110.943 80.677
202109 64.491 111.916 80.879
202112 67.257 113.971 82.827
202203 68.172 117.647 81.330
202206 74.782 120.567 87.056
202209 65.269 123.811 73.991
202212 57.344 125.541 64.111
202303 53.735 128.460 58.710
202306 25.087 130.191 27.046
202309 24.899 131.272 26.622
202312 18.136 132.570 19.201
202403 11.944 133.759 12.533
202406 11.839 134.083 12.393
202409 11.779 133.651 12.370
202412 11.599 135.273 12.035
202503 10.447 137.760 10.644
202506 9.363 138.517 9.487
202509 9.027 138.949 9.118
202512 8.893 140.355 8.893
202603 7.580 140.355 7.580

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 0.34 mean?
ams-OSRAM AG (XSWX:AMS) has a Cyclically Adjusted PB Ratio of 0.34 as of Jul. 06, 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 ams-OSRAM AG and its competitors. This is 81% below median its historical median of 1.79. Over the past decade, ams-OSRAM AG's Cyclically Adjusted PB Ratio has ranged from 0.09 to 14.16. According to the industry distribution chart, ams-OSRAM AG ranks #46 out of 735 companies in the Semiconductors industry, placing it in the top 6.3%.
Is ams-OSRAM AG's Cyclically Adjusted PB Ratio too high?
ams-OSRAM AG's current Cyclically Adjusted PB Ratio of 0.34 is 81% below median its 10-year median of 1.79. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 14.16. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.68. ams-OSRAM AG's value of 0.34 is 90.8% below this industry median. Based on the distribution chart, ams-OSRAM AG ranks #46 out of 735 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, ams-OSRAM AG has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ams-OSRAM AG's Cyclically Adjusted PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, ams-OSRAM AG ranks #46 out of 735 companies for Cyclically Adjusted PB Ratio. This places ams-OSRAM AG in the top 6% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 3.68. ams-OSRAM AG's value of 0.34 is 90.8% below this benchmark. Historically, ams-OSRAM AG's own Cyclically Adjusted PB Ratio has ranged from 0.09 to 14.16 over the past decade. While the company's 10-year median is 1.79 vs. the industry median of 3.68, ams-OSRAM AG 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 3.68, based on 735 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. ams-OSRAM AG's current Cyclically Adjusted PB Ratio of 0.34 is 90.8% 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 ams-OSRAM AG and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ams-OSRAM AG's current Cyclically Adjusted PB Ratio is 0.34, which is 81% below median its own 10-year median of 1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ams-OSRAM AG stock overvalued right now?
Based on GuruFocus' analysis, ams-OSRAM AG (XSWX:AMS) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF7.92, compared to a current price of CHF19.61 — trading 147.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.34, which is 81% below median its 10-year median of 1.79 and 90.8% below the Semiconductors industry median of 3.68. ams-OSRAM AG's overall GF Score™ is 42/100 with 6 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 ams-OSRAM AG (XSWX:AMS), the current Cyclically Adjusted PB Ratio is 0.34 as of Jul. 06, 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 ams-OSRAM AG (XSWX:AMS) Overvalued in 2026?

Based on GuruFocus' analysis, ams-OSRAM AG stock appears to be overvalued. The current stock price of CHF19.61 is trading 147.6% above its estimated GF Value™ of CHF7.92. GuruFocus considers ams-OSRAM AG to be Significantly Overvalued.

Key valuation signals for XSWX:AMS:

  • Cyclically Adjusted PB Ratio: 0.34 (81% below median its 10-year median of 1.79)
  • GF Value™: CHF7.92 vs. price of CHF19.61 (147.6% above fair value)
  • GF Score™: 42/100 with 6 warning signs
  • Industry Position: 90.8% below the Semiconductors median (#46 of 735)

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


ams-OSRAM AG Business Description

Address Tobelbader Strasse 30, Premstaetten, AUT, 8141
ams-OSRAM AG designs, manufactures, and sells sensors, sensor interfaces, and analog integrated circuit solutions. The company is an important supplier to customers in the consumer, communications, medical, automotive, and industrial end markets. The firm operates in three segments: BU Opto Semiconductors, CMOS Sensors & ASICs, and BU Lamps and Systems. The majority of its revenue is generated from the BU Opto Semiconductors segment. The company generates maximum revenue from the Asia Pacific region and the rest from the Americas, and Europe, Middle East, and Africa (EMEA).
42GF Score

Get the complete analysis for XSWX:AMS

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

CHF19.61
Price
CHF7.92
GF Value