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ON (ON Semiconductor) Cyclically Adjusted PB Ratio : 5.26 (As of Jul. 17, 2025)


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What is ON Semiconductor Cyclically Adjusted PB Ratio?

As of today (2025-07-17), ON Semiconductor's current share price is $59.41. ON Semiconductor's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $11.30. ON Semiconductor's Cyclically Adjusted PB Ratio for today is 5.26.

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

ON' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.22   Med: 5.5   Max: 12.63
Current: 5.27

During the past years, ON Semiconductor's highest Cyclically Adjusted PB Ratio was 12.63. The lowest was 2.22. And the median was 5.50.

ON's Cyclically Adjusted PB Ratio is ranked worse than
78.03% of 710 companies
in the Semiconductors industry
Industry Median: 2.085 vs ON: 5.27

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.

ON Semiconductor's adjusted book value per share data for the three months ended in Mar. 2025 was $19.216. 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 $11.30 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


ON Semiconductor Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ON Semiconductor'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.

ON Semiconductor Cyclically Adjusted PB Ratio Chart

ON Semiconductor 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 6.14 10.86 8.28 9.25 5.84

ON Semiconductor 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 7.69 6.87 6.98 5.84 3.60

Competitive Comparison of ON Semiconductor's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, ON Semiconductor'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.


ON Semiconductor's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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


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ON Semiconductor 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.

ON Semiconductor's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=59.41/11.30
=5.26

* 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.

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

For example, ON Semiconductor'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)
=19.216/134.9266*134.9266
=19.216

Current CPI (Mar. 2025) = 134.9266.

ON Semiconductor Quarterly Data

Book Value per Share CPI Adj_Book
201506 3.794 100.684 5.084
201509 3.777 100.392 5.076
201512 3.903 99.792 5.277
201603 3.988 100.470 5.356
201606 4.094 101.688 5.432
201609 4.151 101.861 5.498
201612 4.352 101.863 5.765
201703 4.697 102.862 6.161
201706 4.974 103.349 6.494
201709 5.232 104.136 6.779
201712 6.537 104.011 8.480
201803 6.851 105.290 8.779
201806 7.207 106.317 9.146
201809 7.500 106.507 9.501
201812 7.664 105.998 9.756
201903 7.766 107.251 9.770
201906 7.985 108.070 9.969
201909 7.839 108.329 9.764
201912 8.027 108.420 9.989
202003 7.841 108.902 9.715
202006 7.877 108.767 9.771
202009 8.325 109.815 10.229
202012 8.592 109.897 10.549
202103 8.644 111.754 10.436
202106 8.790 114.631 10.346
202109 9.572 115.734 11.159
202112 10.603 117.630 12.162
202203 11.503 121.301 12.795
202206 12.438 125.017 13.424
202209 13.080 125.227 14.093
202212 14.327 125.222 15.437
202303 14.931 127.348 15.820
202306 16.185 128.729 16.964
202309 17.381 129.860 18.059
202312 18.252 129.419 19.029
202403 18.896 131.776 19.348
202406 19.475 132.554 19.824
202409 20.167 133.029 20.455
202412 20.797 133.157 21.073
202503 19.216 134.927 19.216

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.


ON Semiconductor  (NAS:ON) 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.


ON Semiconductor Cyclically Adjusted PB Ratio Related Terms

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


ON Semiconductor Business Description

Address
5701 North Pima Road, Scottsdale, AZ, USA, 85250
Onsemi is a supplier of power semiconductors and sensors focused on the automotive and industrial markets. Onsemi is the second-largest power chipmaker in the world and the largest supplier of image sensors to the automotive market. While the firm used to be highly vertically integrated, it now pursues a hybrid manufacturing strategy for flexible capacity. Onsemi is pivoting to focus on emerging applications like electric vehicles, autonomous vehicles, industrial automation, and renewable energy.
Executives
Alan Campbell director ONSEMI C/O H. SPENCER, 5701 NORTH PIMA ROAD, SCOTTSDALE AZ 85250
Sudhir Gopalswamy officer: SVP & GM, ASG 5701 N. PIMA ROAD, SCOTTSDALE AZ 85250
Hassane El-khoury director, officer: CEO & President ONSEMI C/O L. BELLERJEAU M/D A700, 5005 EAST MCDOWELL ROAD, PHOENIX AZ 85008
Simon Keeton officer: EVP & GM, Pwr Sol Grp ONSEMI C/O H. SPENCER, 5701 NORTH PIMA ROAD, SCOTTSDALE AZ 85250
Trent Thad officer: Exec VP & CFO ONSEMI C/O M. COLLINS M/D A700, 5005 EAST MCDOWELL ROAD, PHOENIX AZ 85008
Paul Anthony Mascarenas director 3850 HAMLIN ROAD, AUBURN HILLS MI 48326
Colpitts Bernard Raymond Jr officer: Chief Accounting Officer ONSEMI C/O H. SPENCER, 5701 NORTH PIMA ROAD, SCOTTSDALE AZ 85250
Christina Lampe-onnerud director C/O FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06810
Christine Y Yan director C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Robert Tong officer: SVP & GM, ASG 5701 NORTH PIMA ROAD, SCOTTSDALE AZ 85250
Vince Craig Hopkin officer: EVP & GM, ASG ONSEMI C/O M COLLINS M/D A700, 5005 EAST MCDOWELL ROAD, PHOENIX AZ 85008
George H Cave officer: Senior Vice President C O ONSEMI ATTN M COLLINS, 5005 E MCDOWELL RD MDA700, PHOENIX AZ 85008
Gregory L Waters director ONSEMI C/O H. SPENCER, 5701 NORTH PIMA ROAD, SCOTTSDALE AZ 85250
Paul E Rolls officer: Exec VP Sales & Marketing C/O ON SEMICONDUCTOR, 5005 E MCDOWELL RD MD A700, PHOENIX AZ 85008
Emmanuel T Hernandez director C/O MEMC ELECTRONIC MATERIALS, INC., P O BOX 8, ST. PETERS MO 63376