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ADI (Analog Devices) Cyclically Adjusted PB Ratio : 4.64 (As of Jun. 18, 2025)


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What is Analog Devices Cyclically Adjusted PB Ratio?

As of today (2025-06-18), Analog Devices's current share price is $229.65. Analog Devices's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2025 was $49.54. Analog Devices's Cyclically Adjusted PB Ratio for today is 4.64.

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

ADI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.44   Med: 5.37   Max: 7.32
Current: 4.59

During the past years, Analog Devices's highest Cyclically Adjusted PB Ratio was 7.32. The lowest was 3.44. And the median was 5.37.

ADI's Cyclically Adjusted PB Ratio is ranked worse than
77% of 713 companies
in the Semiconductors industry
Industry Median: 2 vs ADI: 4.59

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.

Analog Devices's adjusted book value per share data for the three months ended in Apr. 2025 was $70.551. 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 $49.54 for the trailing ten years ended in Apr. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Analog Devices Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Analog Devices'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.

Analog Devices Cyclically Adjusted PB Ratio Chart

Analog Devices Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.42 6.64 4.23 3.92 4.82

Analog Devices Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 4.61 5.16 4.82 4.43 3.93

Competitive Comparison of Analog Devices's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Analog Devices'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.


Analog Devices's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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


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Analog Devices 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.

Analog Devices's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=229.65/49.54
=4.64

* 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.

Analog Devices's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2025 is calculated as:

For example, Analog Devices's adjusted Book Value per Share data for the three months ended in Apr. 2025 was:

Adj_Book=Book Value per Share/CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=70.551/135.3468*135.3468
=70.551

Current CPI (Apr. 2025) = 135.3468.

Analog Devices Quarterly Data

Book Value per Share CPI Adj_Book
201507 16.148 100.691 21.706
201510 16.256 100.346 21.926
201601 16.111 99.957 21.815
201604 15.857 100.947 21.261
201607 16.207 101.524 21.606
201610 16.762 101.988 22.245
201701 17.161 102.456 22.670
201704 27.156 103.167 35.626
201707 26.989 103.278 35.369
201710 27.565 104.070 35.849
201801 27.982 104.578 36.215
201804 28.540 105.708 36.542
201807 29.209 106.324 37.182
201810 30.441 106.695 38.616
201901 31.455 106.200 40.088
201904 31.756 107.818 39.864
201907 31.917 108.250 39.906
201910 31.792 108.577 39.630
202001 31.746 108.841 39.477
202004 31.461 108.173 39.364
202007 31.903 109.318 39.499
202010 32.472 109.861 40.005
202101 32.768 110.364 40.186
202104 32.989 112.673 39.628
202107 33.307 115.183 39.138
202110 72.321 116.696 83.880
202201 71.520 118.619 81.606
202204 71.372 121.978 79.194
202207 71.234 125.002 77.129
202210 71.599 125.734 77.073
202301 72.218 126.223 77.438
202304 71.823 127.992 75.950
202307 72.050 128.974 75.610
202310 71.666 129.810 74.723
202401 71.683 130.124 74.560
202404 71.035 132.289 72.677
202407 70.877 132.708 72.286
202410 70.878 133.182 72.030
202501 70.710 134.029 71.405
202504 70.551 135.347 70.551

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.


Analog Devices  (NAS:ADI) 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.


Analog Devices Cyclically Adjusted PB Ratio Related Terms

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


Analog Devices Business Description

Address
One Analog Way, Wilmington, MA, USA, 01887
Analog Devices is a leading analog, mixed-signal, and digital-signal processing chipmaker. The firm has a significant market share lead in converter chips, which are used to translate analog signals to digital and vice versa. The company serves tens of thousands of customers; more than half of its chip sales are to industrial and automotive end markets. ADI's chips are also incorporated into wireless infrastructure equipment.
Executives
Ray Stata director, officer: CHAIRMAN
Vincent Roche officer: V.P., WORLDWIDE SALES
Vivek Jain officer: SVP, Global Operations 120 SAN GABRIEL DRIVE, SUNNYVALE CA 94086
Mercedes Johnson director MICRON TECHNOLOGY, INC, 8000 S FEDERAL WAY, MS 1-557, BOISE ID 83716
Gregory M Bryant officer: Executive Vice President 2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Edward H. Frank director C/O FUSION-IO, INC., 2855 E. COTTONWOOD PARKWAY, SUITE 100, SALT LAKE CITY UT 84121
James Champy director C/O PEROT SYSTEMS CORP, 2300 WEST PLANO PKWY, PLANO TX 75075
Michael Sondel officer: CAO (principal acct. officer) ONE TECHNOLOGY WAY, NORWOOD MA 02062
James Michael Mollica officer: Interim CFO C/O ANALOG DEVICES, INC., ONE ANALOG WAY, WILMINGTON MA 01887
Prashanth Mahendra-rajah officer: SVP, Finance & CFO C/O WABCO HOLDINGS INC., ONE CENTENNIAL AVENUE, PISCATAWAY NJ 08855
Kenton J Sicchitano director ONE TECHNOLOGY WAY, C/O ANALOG DEVICES, INC., NORWOOD MA 02062
Stephen M Jennings director LTX CORPORATION, UNIVERSITY AVE, WESTWOOD MA 02090
Tunc Doluca director
Andre' Andonian director ONE ANALOG WAY, WILMINGTON MA 01887
Bruce R Evans director C/O SUMMIT PARTNERS, 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116