SIMO (Silicon Motion Technology) Cyclically Adjusted Book per Share: $19.96 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SIMO Silicon Motion Technology Corp SIMO
77 GF Score
Price $270.83
GF Value $121.65
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Silicon Motion Technology Cyclically Adjusted Book per Share?

Silicon Motion Technology SIMO -6.36% 77 Cyclically Adjusted Book per Share is $19.96 as of Mar. 2026. GuruFocus rates SIMO with a GF Score™ of 77/100 and a GF Value™ of $121.65 (Significantly Overvalued). The stock has 6 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.

Silicon Motion Technology's adjusted book value per share for the three months ended in Mar. 2026 was $26.723. 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 $19.96 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Silicon Motion Technology's average Cyclically Adjusted Book Growth Rate was 8.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.40% 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 Silicon Motion Technology was 10.90% per year. The lowest was 8.20% per year. And the median was 9.60% per year.

As of today (2026-07-27), Silicon Motion Technology's current stock price is $270.83. Silicon Motion Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $19.96. Silicon Motion Technology's Cyclically Adjusted PB Ratio of today is 13.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Silicon Motion Technology was 16.35. The lowest was 2.14. And the median was 4.60.


Silicon Motion Technology  (NAS:SIMO) 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.

Silicon Motion Technology's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=270.83/19.96
=13.57

* 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 Silicon Motion Technology was 16.35. The lowest was 2.14. And the median was 4.60.


Be Aware

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


Silicon Motion Technology Cyclically Adjusted Book per Share Related Terms


Silicon Motion Technology Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Silicon Motion Technology'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.

Silicon Motion Technology Cyclically Adjusted Book per Share Chart

Silicon Motion Technology 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 13.47 14.82 16.45 17.98 19.49

Silicon Motion Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 18.34 18.58 19.04 19.49 19.96

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

For the Semiconductors subindustry, Silicon Motion Technology'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.


Silicon Motion Technology Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


SIMO
77GF Score
Silicon Motion Technology Corp SIMO
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Silicon Motion Technology 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, Silicon Motion Technology's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=26.723/121.4731*121.4731
=26.723

Current CPI (Mar. 2026) = 121.4731.

Silicon Motion Technology Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.308 101.686 13.508
201609 11.612 102.565 13.753
201612 12.533 103.225 14.749
201703 13.177 103.335 15.490
201706 13.875 103.664 16.259
201709 14.452 103.994 16.881
201712 13.804 104.984 15.972
201803 14.439 105.973 16.551
201806 15.245 106.193 17.439
201809 16.120 106.852 18.326
201812 14.716 107.622 16.610
201903 14.918 108.172 16.752
201906 15.617 109.601 17.309
201909 15.887 110.260 17.503
201912 15.435 110.700 16.937
202003 16.065 110.920 17.593
202006 16.875 110.590 18.536
202009 17.246 107.512 19.486
202012 16.147 109.711 17.878
202103 17.030 111.579 18.540
202106 18.515 111.360 20.197
202109 20.240 109.051 22.546
202112 18.821 112.349 20.350
202203 17.967 113.558 19.219
202206 19.515 113.448 20.895
202209 21.012 113.778 22.433
202212 22.164 114.548 23.504
202303 22.399 115.427 23.572
202306 22.733 115.647 23.878
202309 23.162 116.087 24.237
202312 21.984 117.296 22.767
202403 22.370 117.735 23.080
202406 23.291 117.296 24.120
202409 24.030 118.615 24.609
202412 22.923 118.945 23.410
202503 22.726 119.384 23.124
202506 23.215 119.055 23.687
202509 24.844 119.934 25.163
202512 24.753 120.704 24.911
202603 26.723 121.473 26.723

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 $19.96 mean?
Silicon Motion Technology (SIMO) has a Cyclically Adjusted Book per Share of $19.96 as of Mar. 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 Silicon Motion Technology and its competitors.
Is Silicon Motion Technology's Cyclically Adjusted Book per Share too high?
Silicon Motion Technology's current Cyclically Adjusted Book per Share is $19.96. Overall, Silicon Motion Technology has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Silicon Motion Technology's Cyclically Adjusted Book per Share compare to SWKS and ALGM?
Silicon Motion Technology's Cyclically Adjusted Book per Share of $19.96 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 Silicon Motion Technology and its competitors. Silicon Motion Technology's current Cyclically Adjusted Book per Share is $19.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silicon Motion Technology stock overvalued right now?
Based on GuruFocus' analysis, Silicon Motion Technology (SIMO) is currently considered Significantly Overvalued. The stock's GF Value™ is $121.65, compared to a current price of $270.83 — trading 122.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is $19.96. Silicon Motion Technology's overall GF Score™ is 77/100 with 6 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 Silicon Motion Technology (SIMO), the current Cyclically Adjusted Book per Share is $19.96 as of Mar. 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 Silicon Motion Technology (SIMO) Overvalued in 2026?

Based on GuruFocus' analysis, Silicon Motion Technology stock appears to be overvalued. The current stock price of $270.83 is trading 122.6% above its estimated GF Value™ of $121.65. GuruFocus considers Silicon Motion Technology to be Significantly Overvalued.

Key valuation signals for SIMO:

  • Cyclically Adjusted Book per Share: $19.96
  • GF Value™: $121.65 vs. price of $270.83 (122.6% above fair value)
  • GF Score™: 77/100 with 6 warning signs

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


Silicon Motion Technology Business Description

Other Exchanges SIMO N:MexicoS9M:Germany
Address Nos 19-25 Jervois Street, Flat C, 19th Floor, Wing Cheong Commercial Building, Hong Kong Island, Hong Kong, HKG
Silicon Motion Technology Corp is engaged in developing NAND flash controllers for SSDs and other solid-state storage devices. Its only operating segment is to develop NAND flash controllers and SSD solutions. The company derives revenue from product categories such as Mobile Storage, Mobile Communications, and others. Silicon's geographical segments are Taiwan, the United States, Korea, China, Singapore, Malaysia, and others. The company's products are used in Personal Computing, Smartphone/Tablet/CE, Flash Card/USB Flash Drive, Industrial and Embedded, Automotive, and Enterprise and Data centers.
77GF Score

Get the complete analysis for SIMO

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

$270.83
Price
$121.65
GF Value