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Entegris (NAS:ENTG) Cyclically Adjusted PB Ratio

: 9.66 (As of Today)
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As of today (2023-12-10), Entegris's current share price is $106.99. Entegris's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $11.07. Entegris's Cyclically Adjusted PB Ratio for today is 9.66.

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

ENTG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.53   Med: 6.1   Max: 20.24
Current: 9.67

During the past years, Entegris's highest Cyclically Adjusted PB Ratio was 20.24. The lowest was 1.53. And the median was 6.10.

ENTG's Cyclically Adjusted PB Ratio is ranked worse than
90.03% of 642 companies
in the Semiconductors industry
Industry Median: 2.35 vs ENTG: 9.67

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.

Entegris's adjusted book value per share data for the three months ended in Sep. 2023 was $22.432. 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 $11.07 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Entegris Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Entegris'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.

Entegris Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.11 8.21 14.22 17.51 6.86

Entegris Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cyclically Adjusted PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only 9.04 6.86 8.13 10.47 8.48

Competitive Comparison

For the Semiconductor Equipment & Materials subindustry, Entegris'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.


Entegris Cyclically Adjusted PB Ratio Distribution

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

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



Entegris 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.

Entegris's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=106.99/11.07
=9.66

* 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.

Entegris's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Entegris's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=22.432/129.8595*129.8595
=22.432

Current CPI (Sep. 2023) = 129.8595.

Entegris Quarterly Data

Book Value per Share CPI Adj_Book
201312 5.455 98.326 7.204
201403 5.546 99.695 7.224
201406 5.492 100.560 7.092
201409 5.436 100.428 7.029
201412 5.354 99.070 7.018
201503 5.380 99.621 7.013
201506 5.538 100.684 7.143
201509 5.479 100.392 7.087
201512 5.706 99.792 7.425
201603 5.835 100.470 7.542
201606 6.101 101.688 7.791
201609 6.349 101.861 8.094
201612 6.363 101.863 8.112
201703 6.669 102.862 8.419
201706 6.928 103.349 8.705
201709 7.198 104.136 8.976
201712 7.029 104.011 8.776
201803 7.224 105.290 8.910
201806 7.431 106.317 9.077
201809 7.664 106.507 9.344
201812 7.443 105.998 9.119
201903 7.383 107.251 8.939
201906 8.159 108.070 9.804
201909 8.299 108.329 9.948
201912 8.654 108.420 10.365
202003 8.702 108.902 10.377
202006 9.142 108.767 10.915
202009 9.644 109.815 11.404
202012 10.223 109.897 12.080
202103 10.565 111.754 12.277
202106 11.175 114.631 12.660
202109 11.886 115.734 13.337
202112 12.646 117.630 13.961
202203 13.396 121.301 14.341
202206 14.067 125.017 14.612
202209 20.910 125.227 21.684
202212 21.577 125.222 22.376
202303 21.168 127.348 21.585
202306 22.332 128.729 22.528
202309 22.432 129.860 22.432

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.


Entegris  (NAS:ENTG) 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.


Entegris Cyclically Adjusted PB Ratio Related Terms

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


Entegris (NAS:ENTG) Business Description

Industry
Traded in Other Exchanges
Address
129 Concord Road, Billerica, MA, USA, 01821
Entegris Inc is a supplier of Advanced materials and process solutions for the semiconductor and other high-technology industries. The company's reportable segments include Specialty Chemicals & Engineered Materials (SCEM), Microcontamination Control (MC), and Advanced Materials Handling (AMH). The SCEM segment provides high-performance & high-purity process chemistries, gases, & materials, and safe & efficient delivery systems. The Microcontamination Control (MC) segment includes solutions to purify critical liquid chemistries and process gases used in semiconductor manufacturing processes and other high-technology industries. Its geographical segments are Taiwan, North America, South Korea, Japan, China, Europe, and Southeast.
Executives
Linda Lagorga officer: SVP, Chief Financial Officer C/O ENTEGRIS, INC., 129 CONCORD ROAD, BILLERICA MA 01821
James Robert Anderson director 111 SW 5TH AVE, PORTLNAD OR 97204
Daniel D. Woodland officer: See Remarks C/O ENTEGRIS, INC., 129 CONCORD ROAD, BILLERICA MA 01821
Michael Besnard officer: SVP, Chief Commercial Officer C/O ENTEGRIS, INC., 129 CONCORD ROAD, BILLERICA MA 01821
Neil Richards officer: SVP, Global Ops & Supply Chain C/O ENTEGRIS, INC., 129 CONCORD ROAD, BILLERICA MA 01821
Olivier Blachier officer: SVP Business-New Markets Dev. C/O ENTEGRIS, INC., 129 CONCORD ROAD, BILLERICA MA 01821
Rodney Clark director 129 CONCORD ROAD, BILLERICA MA 01821
Yvette Kanouff director PO BOX 37, PENNS PARK PA 18943
Bertrand Loy director, officer: President & CEO C/O ENTEGRIS, INC., 129 CONCORD RD, BILLERICA MA 01821
Joseph Colella officer: SVP and General Counsel 129 CONCORD ROAD, BILLERICA MA 01821
James Anthony O'neill officer: SVP & CTO 129 CONCORD ROAD, BILLERICA MA 01821
Bruce W. Beckman officer: SVP, Finance 129 CONCORD ROAD, BILLERICA MA 01821
Susan G. Rice officer: SVP, Human Resources 129 CONCORD ROAD, BILLERICA MA 01821
Azita Saleki-gerhardt director 1 N. WAUKEGAN ROAD, NORTH CHICAGO IL 60064
Clinton M. Haris officer: Sr. V.P/G.M. Liquid Filtration C/O ENTEGRIS, INC., 129 CONCORD ROAD, BILLERICA MA 01821