MaxLinear (FRA:JMX) Cyclically Adjusted PB Ratio: 9.41 (As of Aug. 02, 2026) — 83% Above Median

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FRA:JMX MaxLinear Inc FRA:JMX
57 GF Score
Price €61.56
GF Value €17.76
Valuation Significantly Overvalued
! 2 Warning Signs
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What is MaxLinear Cyclically Adjusted PB Ratio?

MaxLinear FRA:JMX +8.65% 57 Cyclically Adjusted PB Ratio is 9.41 as of Aug. 02, 2026, which is 83% above its 10-year median of 5.13. GuruFocus rates FRA:JMX with a GF Score™ of 57/100 and a GF Value™ of €17.76 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 731 Semiconductors companies, MaxLinear ranks worse than 82.35% on this metric.

As of today (2026-08-02), MaxLinear's current share price is €61.56. MaxLinear's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €6.54. MaxLinear's Cyclically Adjusted PB Ratio for today is 9.41.

The historical rank and industry rank for MaxLinear's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:JMX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.28   Med: 5.13   Max: 15.25
Current: 8.9

During the past years, MaxLinear's highest Cyclically Adjusted PB Ratio was 15.25. The lowest was 1.28. And the median was 5.13.

FRA:JMX's Cyclically Adjusted PB Ratio is ranked worse than
82.35% of 731 companies
in the Semiconductors industry
Industry Median: 3.1 vs FRA:JMX: 8.90

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.

MaxLinear's adjusted book value per share data for the three months ended in Jun. 2026 was €4.640. 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 €6.54 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MaxLinear  (FRA:JMX) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


MaxLinear Cyclically Adjusted PB Ratio Related Terms


MaxLinear Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for MaxLinear's Cyclically Adjusted PB Ratio 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.

MaxLinear Cyclically Adjusted PB Ratio Chart

MaxLinear Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.88 5.82 3.61 2.77 2.37

MaxLinear Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio 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 1.93 2.18 2.37 2.33 17.06

FRA:JMX vs CRUS, VSH, SLAB: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, MaxLinear'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.


MaxLinear Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


FRA:JMX
57GF Score
MaxLinear Inc FRA:JMX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MaxLinear Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

MaxLinear's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=61.56/6.54
=9.41

* 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.

MaxLinear's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, MaxLinear'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)
=4.64/333.9520*333.9520
=4.640

Current CPI (Jun. 2026) = 333.9520.

MaxLinear Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.677 241.428 6.469
201612 5.138 241.432 7.107
201703 5.229 243.801 7.163
201706 5.323 244.955 7.257
201709 4.973 246.819 6.729
201712 4.857 246.524 6.580
201803 4.841 249.554 6.478
201806 4.990 251.989 6.613
201809 4.880 252.439 6.456
201812 5.054 251.233 6.718
201903 5.122 254.202 6.729
201906 5.112 256.143 6.665
201909 5.246 256.759 6.823
201912 5.191 256.974 6.746
202003 5.106 258.115 6.606
202006 4.883 257.797 6.325
202009 4.543 260.280 5.829
202012 4.313 260.474 5.530
202103 4.689 264.877 5.912
202106 4.707 271.696 5.786
202109 5.068 274.310 6.170
202112 5.639 278.802 6.754
202203 6.194 287.504 7.195
202206 6.879 296.311 7.753
202209 7.918 296.808 8.909
202212 8.109 296.797 9.124
202303 8.573 301.836 9.485
202306 8.509 305.109 9.313
202309 8.073 307.789 8.759
202312 7.692 306.746 8.374
202403 7.066 312.332 7.555
202406 6.835 314.175 7.265
202409 5.947 315.301 6.299
202412 5.827 315.605 6.166
202503 5.282 319.799 5.516
202506 4.872 322.561 5.044
202509 4.532 324.800 4.660
202512 4.464 324.054 4.600
202603 4.388 330.213 4.438
202606 4.640 333.952 4.640

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

What does a Cyclically Adjusted PB Ratio of 9.41 mean?
MaxLinear (FRA:JMX) has a Cyclically Adjusted PB Ratio of 9.41 as of Aug. 02, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on MaxLinear and its competitors. This is 83% above median its historical median of 5.13. Over the past decade, MaxLinear's Cyclically Adjusted PB Ratio has ranged from 1.28 to 15.25. According to the industry distribution chart, MaxLinear ranks #602 out of 731 companies in the Semiconductors industry, placing it in the top 82.4%.
Is MaxLinear's Cyclically Adjusted PB Ratio too high?
MaxLinear's current Cyclically Adjusted PB Ratio of 9.41 is 83% above median its 10-year median of 5.13. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 15.25. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.10. MaxLinear's value of 9.41 is 203.5% above this industry median. Based on the distribution chart, MaxLinear ranks #602 out of 731 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, MaxLinear has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MaxLinear's Cyclically Adjusted PB Ratio compare to CRUS and VSH?
According to the Semiconductors industry distribution chart, MaxLinear ranks #602 out of 731 companies for Cyclically Adjusted PB Ratio. This places MaxLinear in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.10. MaxLinear's value of 9.41 is 203.5% above this benchmark. Historically, MaxLinear's own Cyclically Adjusted PB Ratio has ranged from 1.28 to 15.25 over the past decade. While the company's 10-year median is 5.13 vs. the industry median of 3.10, MaxLinear has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.10, based on 731 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MaxLinear's current Cyclically Adjusted PB Ratio of 9.41 is 203.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on MaxLinear and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MaxLinear's current Cyclically Adjusted PB Ratio is 9.41, which is 83% above median its own 10-year median of 5.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MaxLinear stock overvalued right now?
Based on GuruFocus' analysis, MaxLinear (FRA:JMX) is currently considered Significantly Overvalued. The stock's GF Value™ is €17.76, compared to a current price of €61.56 — trading 246.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 9.41, which is 83% above median its 10-year median of 5.13 and 203.5% above the Semiconductors industry median of 3.10. MaxLinear's overall GF Score™ is 57/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For MaxLinear (FRA:JMX), the current Cyclically Adjusted PB Ratio is 9.41 as of Aug. 02, 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 MaxLinear (FRA:JMX) Overvalued in 2026?

Based on GuruFocus' analysis, MaxLinear stock appears to be overvalued. The current stock price of €61.56 is trading 246.6% above its estimated GF Value™ of €17.76. GuruFocus considers MaxLinear to be Significantly Overvalued.

Key valuation signals for FRA:JMX:

  • Cyclically Adjusted PB Ratio: 9.41 (83% above median its 10-year median of 5.13)
  • GF Value™: €17.76 vs. price of €61.56 (246.6% above fair value)
  • GF Score™: 57/100 with 2 warning signs
  • Industry Position: 203.5% above the Semiconductors median (#602 of 731)

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


MaxLinear Business Description

Address 5966 La Place Court, Suite 100, Carlsbad, CA, USA, 92008
MaxLinear Inc is a provider of radio frequency and mixed-signal integrated circuits for cable and satellite broadband communications, the connected home, and for data center, metro, and long-haul fiber networks. The company's radio frequency receiver products capture and process digital and analog broadband signals to be decoded for various applications. Its product options include both radio frequency receivers and radio frequency receiver systems-on-chips. The company's products enable the distribution and display of broadband video and data content in a wide range of electronic devices.
57GF Score

Get the complete analysis for FRA:JMX

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

€61.56
Price
€17.76
GF Value