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Texas Instruments (XTER:TII) Cyclically Adjusted PB Ratio : 11.41 (As of May. 25, 2025)


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What is Texas Instruments Cyclically Adjusted PB Ratio?

As of today (2025-05-25), Texas Instruments's current share price is €154.24. Texas Instruments's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €13.52. Texas Instruments's Cyclically Adjusted PB Ratio for today is 11.41.

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

XTER:TII' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.89   Med: 11.71   Max: 18
Current: 11.94

During the past years, Texas Instruments's highest Cyclically Adjusted PB Ratio was 18.00. The lowest was 4.89. And the median was 11.71.

XTER:TII's Cyclically Adjusted PB Ratio is ranked worse than
94.44% of 702 companies
in the Semiconductors industry
Industry Median: 1.97 vs XTER:TII: 11.94

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.

Texas Instruments's adjusted book value per share data for the three months ended in Mar. 2025 was €16.695. 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 €13.52 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Texas Instruments Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Texas Instruments'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.

Texas Instruments Cyclically Adjusted PB Ratio Chart

Texas Instruments 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 15.38 16.32 13.11 12.63 12.97

Texas Instruments 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 12.55 13.78 14.44 12.97 12.17

Competitive Comparison of Texas Instruments's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Texas Instruments'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.


Texas Instruments's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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


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Texas Instruments 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.

Texas Instruments's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=154.24/13.52
=11.41

* 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.

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

For example, Texas Instruments'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)
=16.695/134.9266*134.9266
=16.695

Current CPI (Mar. 2025) = 134.9266.

Texas Instruments Quarterly Data

Book Value per Share CPI Adj_Book
201506 8.793 100.684 11.784
201509 8.712 100.392 11.709
201512 9.029 99.792 12.208
201603 8.727 100.470 11.720
201606 8.837 101.688 11.726
201609 9.155 101.861 12.127
201612 9.968 101.863 13.204
201703 9.970 102.862 13.078
201706 9.610 103.349 12.546
201709 9.346 104.136 12.109
201712 8.884 104.011 11.525
201803 8.791 105.290 11.266
201806 9.342 106.317 11.856
201809 9.340 106.507 11.832
201812 8.365 105.998 10.648
201903 8.031 107.251 10.103
201906 8.036 108.070 10.033
201909 8.724 108.329 10.866
201912 8.601 108.420 10.704
202003 7.596 108.902 9.411
202006 7.414 108.767 9.197
202009 7.702 109.815 9.463
202012 8.214 109.897 10.085
202103 9.249 111.754 11.167
202106 10.028 114.631 11.803
202109 11.185 115.734 13.040
202112 12.770 117.630 14.648
202203 13.804 121.301 15.355
202206 14.569 125.017 15.724
202209 16.101 125.227 17.348
202212 15.188 125.222 16.365
202303 15.679 127.348 16.612
202306 16.203 128.729 16.983
202309 17.162 129.860 17.832
202312 17.046 129.419 17.771
202403 17.164 131.776 17.574
202406 17.516 132.554 17.830
202409 17.059 133.029 17.302
202412 17.715 133.157 17.950
202503 16.695 134.927 16.695

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.


Texas Instruments  (XTER:TII) 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.


Texas Instruments Cyclically Adjusted PB Ratio Related Terms

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


Texas Instruments Business Description

Address
12500 TI Boulevard, Dallas, TX, USA, 75243
Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.

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