Sanmina (STU:SAYN) Cyclically Adjusted Book per Share: €30.05 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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STU:SAYN Sanmina Corp STU:SAYN
91 GF Score
Price €170.85
GF Value €124.70
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Sanmina Cyclically Adjusted Book per Share?

Sanmina STU:SAYN -8.19% 91 Cyclically Adjusted Book per Share is €30.05 as of Jun. 2026. GuruFocus rates STU:SAYN with a GF Score™ of 91/100 and a GF Value™ of €124.70 (Significantly Overvalued). The stock has 3 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.

Sanmina's adjusted book value per share for the three months ended in Jun. 2026 was €41.454. 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 €30.05 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Sanmina's average Cyclically Adjusted Book Growth Rate was 9.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.00% 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 Sanmina was 36.60% per year. The lowest was -18.50% per year. And the median was 7.00% per year.

As of today (2026-08-19), Sanmina's current stock price is €170.85. Sanmina's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €30.05. Sanmina's Cyclically Adjusted PB Ratio of today is 5.69.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sanmina was 7.34. The lowest was 1.22. And the median was 2.04.


Sanmina  (STU:SAYN) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=170.85/30.05
=5.69

* 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 Sanmina was 7.34. The lowest was 1.22. And the median was 2.04.


Be Aware

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


Sanmina Cyclically Adjusted Book per Share Related Terms


Sanmina Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Sanmina'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.

Sanmina Cyclically Adjusted Book per Share Chart

Sanmina Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.52 25.55 26.94 27.59 28.35

Sanmina 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 28.07 28.35 29.59 30.32 30.05

STU:SAYN vs LFUS, VICR, TTMI: Cyclically Adjusted Book per Share Comparison

For the Electronic Components subindustry, Sanmina'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.


Sanmina Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


STU:SAYN
91GF Score
Sanmina Corp STU:SAYN
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sanmina 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, Sanmina'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)
=41.454/333.9520*333.9520
=41.454

Current CPI (Jun. 2026) = 333.9520.

Sanmina Quarterly Data

Book Value per Share CPI Adj_Book
201609 19.640 241.428 27.167
201612 21.225 241.432 29.359
201703 21.250 243.801 29.108
201706 20.541 244.955 28.004
201709 19.290 246.819 26.100
201712 17.812 246.524 24.129
201803 17.295 249.554 23.144
201806 18.600 251.989 24.650
201809 18.623 252.439 24.636
201812 19.708 251.233 26.197
201903 20.277 254.202 26.638
201906 20.701 256.143 26.989
201909 21.392 256.759 27.823
201912 21.452 256.974 27.878
202003 21.467 258.115 27.774
202006 21.675 257.797 28.078
202009 21.290 260.280 27.316
202012 21.257 260.474 27.253
202103 22.392 264.877 28.231
202106 23.453 271.696 28.827
202109 24.488 274.310 29.812
202112 26.293 278.802 31.494
202203 27.456 287.504 31.892
202206 29.530 296.311 33.281
202209 32.020 296.808 36.027
202212 35.626 296.797 40.086
202303 35.620 301.836 39.410
202306 36.548 305.109 40.003
202309 35.759 307.789 38.799
202312 35.396 306.746 38.535
202403 36.026 312.332 38.520
202406 37.104 314.175 39.440
202409 36.705 315.301 38.876
202412 39.898 315.605 42.217
202503 38.392 319.799 40.091
202506 37.320 322.561 38.638
202509 37.554 324.800 38.612
202512 38.902 324.054 40.090
202603 39.085 330.213 39.528
202606 41.454 333.952 41.454

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 €30.05 mean?
Sanmina (STU:SAYN) has a Cyclically Adjusted Book per Share of €30.05 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 Sanmina and its competitors.
Is Sanmina's Cyclically Adjusted Book per Share too high?
Sanmina's current Cyclically Adjusted Book per Share is €30.05. Overall, Sanmina has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sanmina's Cyclically Adjusted Book per Share compare to LFUS and VICR?
Sanmina's Cyclically Adjusted Book per Share of €30.05 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 Sanmina and its competitors. Sanmina's current Cyclically Adjusted Book per Share is €30.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanmina stock overvalued right now?
Based on GuruFocus' analysis, Sanmina (STU:SAYN) is currently considered Significantly Overvalued. The stock's GF Value™ is €124.70, compared to a current price of €170.85 — trading 37% above its estimated fair value. The current Cyclically Adjusted Book per Share is €30.05. Sanmina's overall GF Score™ is 91/100 with 3 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 Sanmina (STU:SAYN), the current Cyclically Adjusted Book per Share is €30.05 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 Sanmina (STU:SAYN) Overvalued in 2026?

Based on GuruFocus' analysis, Sanmina stock appears to be overvalued. The current stock price of €170.85 is trading 37% above its estimated GF Value™ of €124.70. GuruFocus considers Sanmina to be Significantly Overvalued.

Key valuation signals for STU:SAYN:

  • Cyclically Adjusted Book per Share: €30.05
  • GF Value™: €124.70 vs. price of €170.85 (37% above fair value)
  • GF Score™: 91/100 with 3 warning signs

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


Sanmina Business Description

Other Exchanges SANM:USASAYN:Germany
Address 2700 North First Street, San Jose, CA, USA, 95134
Sanmina Corp is a provider of integrated manufacturing solutions, components, and after-market services to original equipment manufacturers in the communications networks, storage, industrial, defense, and aerospace end markets. The operations are managed as two businesses: Integrated Manufacturing Solutions, which consists of printed circuit board assembly and represents a majority of the firm's revenue; and Components, Products, and Services, which includes interconnect systems and mechanical systems. The firm generates revenue mainly in the United States, China, and Mexico, but has a presence around the world.
91GF Score

Get the complete analysis for STU:SAYN

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

€170.85
Price
€124.70
GF Value