Semtech (MEX:SMTC) Cyclically Adjusted Book per Share: MXN182.25 (As of Apr. 2026)


MEX:SMTC Semtech Corp MEX:SMTC
55 GF Score
Price MXN2,863.00
GF Value MXN743.25
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Semtech Cyclically Adjusted Book per Share?

Semtech MEX:SMTC 55 Cyclically Adjusted Book per Share is MXN182.25 as of Apr. 2026. GuruFocus rates MEX:SMTC with a GF Score™ of 55/100 and a GF Value™ of MXN743.25 (Significantly Overvalued). The stock has 5 warning signs investors should review.

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.

Semtech's adjusted book value per share for the three months ended in Apr. 2026 was MXN107.829. 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 MXN182.25 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Semtech's average Cyclically Adjusted Book Growth Rate was -1.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -4.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.60% 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 Semtech was 37.30% per year. The lowest was -4.70% per year. And the median was 8.60% per year.

As of today (2026-07-02), Semtech's current stock price is MXN2863.00. Semtech's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was MXN182.25. Semtech's Cyclically Adjusted PB Ratio of today is 15.71.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Semtech was 16.26. The lowest was 1.24. And the median was 4.68.


Semtech  (MEX:SMTC) 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.

Semtech's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2863.00/182.25
=15.71

* 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 Semtech was 16.26. The lowest was 1.24. And the median was 4.68.


Be Aware

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


Semtech Cyclically Adjusted Book per Share Related Terms


Semtech Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Semtech'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.

Semtech Cyclically Adjusted Book per Share Chart

Semtech Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 206.42 411.95 654.25 202.68 171.40

Semtech Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 245.32 147.02 203.82 171.40 182.25

MEX:SMTC vs RMBS, ALGM, SIMO: Cyclically Adjusted Book per Share Comparison

For the Semiconductors subindustry, Semtech'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.


Semtech Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


MEX:SMTC
55GF Score
Semtech Corp MEX:SMTC
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Semtech 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, Semtech's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book= Book Value per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=107.829/333.0200*333.0200
=107.829

Current CPI (Apr. 2026) = 333.0200.

Semtech Quarterly Data

Book Value per Share CPI Adj_Book
201607 158.508 240.628 219.369
201610 167.825 241.729 231.206
201701 191.676 242.839 262.857
201704 177.879 244.524 242.255
201707 173.591 244.786 236.163
201710 191.734 246.663 258.860
201801 186.837 247.867 251.024
201804 196.781 250.546 261.557
201807 198.385 252.006 262.161
201810 213.369 252.885 280.982
201901 199.345 251.712 263.737
201904 198.146 255.548 258.216
201907 197.488 256.571 256.332
201910 199.476 257.346 258.133
202001 194.465 257.971 251.039
202004 243.528 256.389 316.315
202007 231.590 259.101 297.660
202010 221.514 260.388 283.303
202101 217.411 261.582 276.786
202104 218.875 267.054 272.940
202107 218.321 273.003 266.317
202110 229.190 276.589 275.950
202201 237.469 281.148 281.282
202204 235.768 289.109 271.577
202207 256.111 296.276 287.874
202210 246.370 298.012 275.312
202301 222.456 299.170 247.626
202304 206.156 303.363 226.310
202307 95.781 305.691 104.344
202310 93.870 307.671 101.604
202401 -81.976 308.417 -88.515
202404 -82.713 313.548 -87.850
202407 -35.017 314.540 -37.074
202410 -37.109 315.664 -39.149
202501 129.703 317.671 135.970
202504 128.648 320.795 133.551
202507 119.770 323.048 123.467
202510 113.658 0.000
202601 102.914 325.252 105.372
202604 107.829 333.020 107.829

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

What does a Cyclically Adjusted Book per Share of MXN182.25 mean?
Semtech (MEX:SMTC) has a Cyclically Adjusted Book per Share of MXN182.25 as of Apr. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Semtech and its competitors.
Is Semtech's Cyclically Adjusted Book per Share too high?
Semtech's current Cyclically Adjusted Book per Share is MXN182.25. Overall, Semtech has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Semtech's Cyclically Adjusted Book per Share compare to RMBS and ALGM?
Semtech's Cyclically Adjusted Book per Share of MXN182.25 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Semiconductors company?
A good Cyclically Adjusted Book per Share depends on the Semiconductors industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Semtech and its competitors. Semtech's current Cyclically Adjusted Book per Share is MXN182.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Semtech stock overvalued right now?
Based on GuruFocus' analysis, Semtech (MEX:SMTC) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN743.25, compared to a current price of MXN2,863.00 — trading 285.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is MXN182.25. Semtech's overall GF Score™ is 55/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Semtech (MEX:SMTC), the current Cyclically Adjusted Book per Share is MXN182.25 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Semtech (MEX:SMTC) Overvalued in 2026?

Based on GuruFocus' analysis, Semtech stock appears to be overvalued. The current stock price of MXN2,863.00 is trading 285.2% above its estimated GF Value™ of MXN743.25. GuruFocus considers Semtech to be Significantly Overvalued.

Key valuation signals for MEX:SMTC:

  • Cyclically Adjusted Book per Share: MXN182.25
  • GF Value™: MXN743.25 vs. price of MXN2,863.00 (285.2% above fair value)
  • GF Score™: 55/100 with 5 warning signs

No single metric tells the full story. See the MEX:SMTC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Semtech Business Description

Address 200 Flynn Road, Camarillo, CA, USA, 93012-8790
Semtech Corp is a provider of high-performance semiconductors powering data center networking, Internet of Things ("IoT") connectivity, and cellular infrastructure solutions. The company designs, develops, manufactures, and markets a diverse portfolio of products for commercial applications, addressing the infrastructure, high-end consumer, and industrial end markets. The company operates in four reportable segments: Signal Integrity, Analog Mixed Signal and Wireless, IoT Systems, and Connected Services. The majority of the company's revenue is earned through the Analog Mixed Signal and Wireless segment. Geographically, the majority of the company's revenue is earned from the Asia Pacific region; the company also operates in North America and Europe.
55GF Score

Get the complete analysis for MEX:SMTC

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,863.00
Price
MXN743.25
GF Value