TTM Technologies (MEX:TTMI) Cyclically Adjusted Book per Share: MXN296.49 (As of Jun. 2026)

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MEX:TTMI TTM Technologies Inc MEX:TTMI
50 GF Score
Price MXN2,010.00
GF Value MXN668.97
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is TTM Technologies Cyclically Adjusted Book per Share?

TTM Technologies MEX:TTMI 50 Cyclically Adjusted Book per Share is MXN296.49 as of Jun. 2026. GuruFocus rates MEX:TTMI with a GF Score™ of 50/100 and a GF Value™ of MXN668.97 (Significantly Overvalued). The stock has 2 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.

TTM Technologies's adjusted book value per share for the three months ended in Jun. 2026 was MXN320.418. 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 MXN296.49 for the trailing ten years ended in Jun. 2026.

During the past 12 months, TTM Technologies's average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.80% 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 TTM Technologies was 8.30% per year. The lowest was 2.70% per year. And the median was 5.60% per year.

As of today (2026-08-22), TTM Technologies's current stock price is MXN2010.00. TTM Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN296.49. TTM Technologies's Cyclically Adjusted PB Ratio of today is 6.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of TTM Technologies was 14.13. The lowest was 0.87. And the median was 1.35.


TTM Technologies  (MEX:TTMI) 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.

TTM Technologies's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2010.00/296.49
=6.78

* 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 TTM Technologies was 14.13. The lowest was 0.87. And the median was 1.35.


Be Aware

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


TTM Technologies Cyclically Adjusted Book per Share Related Terms


TTM Technologies Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for TTM Technologies'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.

TTM Technologies Cyclically Adjusted Book per Share Chart

TTM Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

TTM Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 272.84 296.49

MEX:TTMI vs SANM, FN, LFUS: Cyclically Adjusted Book per Share Comparison

For the Electronic Components subindustry, TTM Technologies'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.


TTM Technologies Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


MEX:TTMI
50GF Score
TTM Technologies Inc MEX:TTMI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TTM Technologies 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, TTM Technologies's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=320.418/333.9520*333.9520
=320.418

Current CPI (Jun. 2026) = 333.9520.

TTM Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201609 162.982 241.428 225.443
201612 168.567 241.432 233.164
201703 159.941 243.801 219.083
201706 160.138 244.955 218.319
201709 168.238 246.819 227.630
201712 195.080 246.524 264.264
201803 185.167 249.554 247.790
201806 216.311 251.989 286.669
201809 211.973 252.439 280.419
201812 232.371 251.233 308.880
201903 225.748 254.202 296.571
201906 223.803 256.143 291.788
201909 233.430 256.759 303.609
201912 228.629 256.974 297.116
202003 281.949 258.115 364.789
202006 312.712 257.797 405.089
202009 289.596 260.280 371.566
202012 269.029 260.474 344.920
202103 275.274 264.877 347.060
202106 271.554 271.696 333.777
202109 285.320 274.310 347.356
202112 288.376 278.802 345.420
202203 284.334 287.504 330.270
202206 290.214 296.311 327.080
202209 299.635 296.808 337.133
202212 292.852 296.797 329.513
202303 268.432 301.836 296.994
202306 254.891 305.109 278.987
202309 254.207 307.789 275.815
202312 251.192 306.746 273.471
202403 248.042 312.332 265.212
202406 274.752 314.175 292.047
202409 298.751 315.301 316.423
202412 319.761 315.605 338.350
202503 319.490 319.799 333.629
202506 298.347 322.561 308.883
202509 302.056 324.800 310.567
202512 306.935 324.054 316.310
202603 319.116 330.213 322.729
202606 320.418 333.952 320.418

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 MXN296.49 mean?
TTM Technologies (MEX:TTMI) has a Cyclically Adjusted Book per Share of MXN296.49 as of Jun. 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 TTM Technologies and its competitors.
Is TTM Technologies' Cyclically Adjusted Book per Share too high?
TTM Technologies' current Cyclically Adjusted Book per Share is MXN296.49. Overall, TTM Technologies has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TTM Technologies' Cyclically Adjusted Book per Share compare to SANM and FN?
TTM Technologies' Cyclically Adjusted Book per Share of MXN296.49 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware 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 TTM Technologies and its competitors. TTM Technologies's current Cyclically Adjusted Book per Share is MXN296.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TTM Technologies stock overvalued right now?
Based on GuruFocus' analysis, TTM Technologies (MEX:TTMI) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN668.97, compared to a current price of MXN2,010.00 — trading 200.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is MXN296.49. TTM Technologies' overall GF Score™ is 50/100 with 2 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 TTM Technologies (MEX:TTMI), the current Cyclically Adjusted Book per Share is MXN296.49 as of Jun. 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 TTM Technologies (MEX:TTMI) Overvalued in 2026?

Based on GuruFocus' analysis, TTM Technologies stock appears to be overvalued. The current stock price of MXN2,010.00 is trading 200.5% above its estimated GF Value™ of MXN668.97. GuruFocus considers TTM Technologies to be Significantly Overvalued.

Key valuation signals for MEX:TTMI:

  • Cyclically Adjusted Book per Share: MXN296.49
  • GF Value™: MXN668.97 vs. price of MXN2,010.00 (200.5% above fair value)
  • GF Score™: 50/100 with 2 warning signs

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


TTM Technologies Business Description

Address 200 East Sandpointe, Suite 400, Santa Ana, CA, USA, 92707
TTM Technologies Inc manufactures technology products, including mission systems, RF components, RF/microwave assemblies, and advanced interconnect products such as PCBs and substrates. It operates through three segments: A&D, Commercial, and RF&S Components. The A&D segment supports aerospace and defense missions with PCBs, assemblies, microelectronics, and integrated systems. The Commercial segment, generating the majority of revenue, serves automotive, medical, industrial, and data center markets. The RF&S Components segment provides TTM-designed RF components and COTS products. The Company's revenues come from PCBs, engineered systems, and long-term contracts for intelligence, surveillance, and communications solutions.
50GF Score

Get the complete analysis for MEX:TTMI

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

MXN2,010.00
Price
MXN668.97
GF Value