GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Super Micro Computer Inc (MEX:SMCI) » Definitions » Cyclically Adjusted Book per Share

Super Micro Computer (MEX:SMCI) Cyclically Adjusted Book per Share : MXN73.84 (As of Mar. 2025)


View and export this data going back to 2023. Start your Free Trial

What is Super Micro Computer Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Super Micro Computer's adjusted book value per share for the three months ended in Mar. 2025 was MXN218.695. 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 MXN73.84 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Super Micro Computer's average Cyclically Adjusted Book Growth Rate was 38.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 22.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 18.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 15.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Super Micro Computer was 22.20% per year. The lowest was 12.10% per year. And the median was 14.35% per year.

As of today (2025-06-30), Super Micro Computer's current stock price is MXN899.49. Super Micro Computer's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN73.84. Super Micro Computer's Cyclically Adjusted PB Ratio of today is 12.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Super Micro Computer was 47.90. The lowest was 1.12. And the median was 2.80.


Super Micro Computer Cyclically Adjusted Book per Share Historical Data

The historical data trend for Super Micro Computer's Cyclically Adjusted Book per Share 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.

Super Micro Computer Cyclically Adjusted Book per Share Chart

Super Micro Computer Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 52.25

Super Micro Computer Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Book per Share 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 43.38 52.25 60.74 69.45 73.84

Competitive Comparison of Super Micro Computer's Cyclically Adjusted Book per Share

For the Computer Hardware subindustry, Super Micro Computer'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.


Super Micro Computer's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Super Micro Computer's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

Super Micro Computer Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Super Micro Computer'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)
=218.695/134.9266*134.9266
=218.695

Current CPI (Mar. 2025) = 134.9266.

Super Micro Computer Quarterly Data

Book Value per Share CPI Adj_Book
201506 20.475 100.684 27.439
201509 22.658 100.392 30.452
201512 24.425 99.792 33.024
201603 25.215 100.470 33.862
201606 26.527 101.688 35.198
201609 29.137 101.861 38.595
201612 32.112 101.863 42.535
201703 30.049 102.862 39.416
201706 28.576 103.349 37.307
201709 0.000 104.136 0.000
201712 0.000 104.011 0.000
201803 0.000 105.290 0.000
201806 33.346 106.317 42.319
201809 32.933 106.507 41.721
201812 35.406 105.998 45.069
201903 35.505 107.251 44.667
201906 36.183 108.070 45.175
201909 38.347 108.329 47.762
201912 37.332 108.420 46.459
202003 46.892 108.902 58.098
202006 46.929 108.767 58.216
202009 45.772 109.815 56.239
202012 41.788 109.897 51.306
202103 43.049 111.754 51.975
202106 43.141 114.631 50.779
202109 45.600 115.734 53.162
202112 47.260 117.630 54.209
202203 48.894 121.301 54.386
202206 54.825 125.017 59.171
202209 61.849 125.227 66.640
202212 66.399 125.222 71.545
202303 60.734 127.348 64.348
202306 63.907 128.729 66.984
202309 70.773 129.860 73.535
202312 93.403 129.419 97.378
202403 144.387 131.776 147.839
202406 168.757 132.554 171.778
202409 195.796 133.029 198.589
202412 219.222 133.157 222.135
202503 218.695 134.927 218.695

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Super Micro Computer  (MEX:SMCI) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Super Micro Computer's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=899.49/73.84
=12.18

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Super Micro Computer was 47.90. The lowest was 1.12. And the median was 2.80.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Super Micro Computer Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Super Micro Computer's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Super Micro Computer Business Description

Industry
Address
980 Rock Avenue, San Jose, CA, USA, 95131
Super Micro Computer Inc provides high-performance server technology services to cloud computing, data centers, Big Data, high-performance computing, and the "Internet of Things" embedded markets. Its solutions include server, storage, blade, and workstations to full racks, networking devices, and server management software. The firm follows a modular architectural approach, which provides flexibility to deliver customized solutions. The Company operates in one operating segment that develops and provides high-performance server solutions based upon an innovative, modular, and open-standard architecture. More than half of the firm's revenue is generated in the United States, with the rest coming from Europe, Asia, and other regions.