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ASML Holding NV (BKK:ASML01) Cyclically Adjusted PB Ratio : 30.10 (As of May. 24, 2024)


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What is ASML Holding NV Cyclically Adjusted PB Ratio?

As of today (2024-05-24), ASML Holding NV's current share price is ฿29.50. ASML Holding NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿0.98. ASML Holding NV's Cyclically Adjusted PB Ratio for today is 30.10.

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

BKK:ASML01' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.69   Med: 10.96   Max: 32.27
Current: 28.84

During the past years, ASML Holding NV's highest Cyclically Adjusted PB Ratio was 32.27. The lowest was 6.69. And the median was 10.96.

BKK:ASML01's Cyclically Adjusted PB Ratio is ranked worse than
97.66% of 684 companies
in the Semiconductors industry
Industry Median: 2.515 vs BKK:ASML01: 28.84

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.

ASML Holding NV's adjusted book value per share data for the three months ended in Mar. 2024 was ฿1,366.043. 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 ฿0.98 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ASML Holding NV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ASML Holding NV'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.

ASML Holding NV Cyclically Adjusted PB Ratio Chart

ASML Holding NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.91 18.47 28.81 18.45 23.69

ASML Holding NV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 22.69 23.67 19.56 23.69 30.13

Competitive Comparison of ASML Holding NV's Cyclically Adjusted PB Ratio

For the Semiconductor Equipment & Materials subindustry, ASML Holding NV'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.


ASML Holding NV's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



ASML Holding NV 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.

ASML Holding NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.50/0.98
=30.10

* 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.

ASML Holding NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, ASML Holding NV's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1366.043/128.5800*128.5800
=1,366.043

Current CPI (Mar. 2024) = 128.5800.

ASML Holding NV Quarterly Data

Book Value per Share CPI Adj_Book
201406 714.921 99.240 926.285
201409 701.918 99.960 902.887
201412 703.685 99.050 913.476
201503 662.192 99.750 853.580
201506 699.712 100.230 897.625
201509 769.161 100.500 984.067
201512 768.517 99.730 990.834
201603 760.740 100.310 975.137
201606 761.857 100.260 977.055
201609 782.517 100.570 1,000.458
201612 862.032 100.710 1,100.587
201703 888.207 101.440 1,125.844
201706 889.932 101.370 1,128.810
201709 949.228 102.030 1,196.234
201712 973.253 101.970 1,227.232
201803 999.452 102.470 1,254.119
201806 965.701 103.100 1,204.363
201809 996.954 103.950 1,233.173
201812 1,028.655 103.970 1,272.141
201903 1,008.032 105.370 1,230.073
201906 963.400 105.840 1,170.389
201909 964.620 106.700 1,162.426
201912 1,006.353 106.800 1,211.581
202003 1,062.188 106.850 1,278.204
202006 1,064.526 107.510 1,273.154
202009 1,210.534 107.880 1,442.811
202012 1,218.193 107.850 1,452.344
202103 1,208.722 108.870 1,427.551
202106 1,117.993 109.670 1,310.764
202109 1,083.681 110.790 1,257.692
202112 955.153 114.010 1,077.218
202203 807.602 119.460 869.257
202206 710.911 119.050 767.820
202209 724.185 126.890 733.830
202212 822.393 124.940 846.353
202303 915.145 124.720 943.468
202306 1,019.607 125.830 1,041.890
202309 1,164.190 127.160 1,177.191
202312 1,304.380 126.450 1,326.352
202403 1,366.043 128.580 1,366.043

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.


ASML Holding NV  (BKK:ASML01) 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.


ASML Holding NV Cyclically Adjusted PB Ratio Related Terms

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


ASML Holding NV (BKK:ASML01) Business Description

Address
De Run 6501, Veldhoven, NB, NLD, 5504 DR
ASML is the leader in photolithography systems used in the manufacturing of semiconductors. Photolithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. The latest technological advances in this segment allow chipmakers to continually increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML outsources the manufacturing of most of its parts, acting like an assembler. ASML's main clients are TSMC, Samsung, and Intel.

ASML Holding NV (BKK:ASML01) Headlines

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