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Entegris (FRA:ENQ) Cyclically Adjusted PB Ratio : 10.82 (As of May. 31, 2024)


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What is Entegris Cyclically Adjusted PB Ratio?

As of today (2024-05-31), Entegris's current share price is €120.10. Entegris's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €11.10. Entegris's Cyclically Adjusted PB Ratio for today is 10.82.

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

FRA:ENQ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.59   Med: 6.47   Max: 20.24
Current: 10.83

During the past years, Entegris's highest Cyclically Adjusted PB Ratio was 20.24. The lowest was 1.59. And the median was 6.47.

FRA:ENQ's Cyclically Adjusted PB Ratio is ranked worse than
91.41% of 687 companies
in the Semiconductors industry
Industry Median: 2.52 vs FRA:ENQ: 10.83

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 Mar. 2024 was €20.931. 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 €11.10 for the trailing ten years ended in Mar. 2024.

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 Cyclically Adjusted PB Ratio Chart

Entegris 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 8.21 14.22 17.51 6.86 10.49

Entegris 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 8.13 10.47 8.48 10.49 11.70

Competitive Comparison of Entegris's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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
=120.10/11.1
=10.82

* 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 Mar. 2024 is calculated as:

For example, Entegris'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)
=20.931/131.7762*131.7762
=20.931

Current CPI (Mar. 2024) = 131.7762.

Entegris Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.042 100.560 5.297
201409 4.218 100.428 5.535
201412 4.342 99.070 5.775
201503 4.971 99.621 6.576
201506 4.934 100.684 6.458
201509 4.882 100.392 6.408
201512 5.238 99.792 6.917
201603 5.240 100.470 6.873
201606 5.430 101.688 7.037
201609 5.657 101.861 7.318
201612 6.032 101.863 7.803
201703 6.235 102.862 7.988
201706 6.166 103.349 7.862
201709 6.039 104.136 7.642
201712 5.939 104.011 7.524
201803 5.859 105.290 7.333
201806 6.361 106.317 7.884
201809 6.568 106.507 8.126
201812 6.542 105.998 8.133
201903 6.534 107.251 8.028
201906 7.220 108.070 8.804
201909 7.536 108.329 9.167
201912 7.788 108.420 9.466
202003 7.875 108.902 9.529
202006 8.118 108.767 9.835
202009 8.188 109.815 9.825
202012 8.403 109.897 10.076
202103 8.875 111.754 10.465
202106 9.275 114.631 10.662
202109 10.103 115.734 11.503
202112 11.192 117.630 12.538
202203 12.164 121.301 13.214
202206 13.307 125.017 14.026
202209 21.119 125.227 22.224
202212 20.369 125.222 21.435
202303 19.771 127.348 20.459
202306 20.613 128.729 21.101
202309 21.019 129.860 21.329
202312 20.787 129.419 21.166
202403 20.931 131.776 20.931

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  (FRA:ENQ) 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 (FRA:ENQ) 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.

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