Super Micro Computer (FRA:MS50) Cyclically Adjusted PB Ratio: 5.68 (As of Jul. 20, 2026) — 103% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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.

FRA:MS50 Super Micro Computer Inc FRA:MS50
82 GF Score
Price €5.00
GF Value €18.35
Valuation Possible Value Trap
! 5 Warning Signs
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What is Super Micro Computer Cyclically Adjusted PB Ratio?

Super Micro Computer FRA:MS50 -2.61% 82 Cyclically Adjusted PB Ratio is 5.68 as of Jul. 20, 2026, which is 103% above its 10-year median of 2.80. GuruFocus rates FRA:MS50 with a GF Score™ of 82/100 and a GF Value™ of €18.35 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,980 Hardware companies, Super Micro Computer ranks worse than 79.34% on this metric.

As of today (2026-07-20), Super Micro Computer's current share price is €5.00. Super Micro Computer's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.88. Super Micro Computer's Cyclically Adjusted PB Ratio for today is 5.68.

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

FRA:MS50' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.12   Med: 2.8   Max: 47.9
Current: 5.05

During the past years, Super Micro Computer's highest Cyclically Adjusted PB Ratio was 47.90. The lowest was 1.12. And the median was 2.80.

FRA:MS50's Cyclically Adjusted PB Ratio is ranked worse than
79.34% of 1980 companies
in the Hardware industry
Industry Median: 2.01 vs FRA:MS50: 5.05

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.

Super Micro Computer's adjusted book value per share data for the three months ended in Mar. 2026 was €2.752. 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 €0.88 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Super Micro Computer  (FRA:MS50) 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.


Super Micro Computer Cyclically Adjusted PB Ratio Related Terms


Super Micro Computer Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Super Micro Computer'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.

Super Micro Computer Cyclically Adjusted PB Ratio Chart

Super Micro Computer Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.25 2.16 11.46 28.75 12.59

Super Micro Computer Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 9.45 12.59 11.51 6.62 4.76

FRA:MS50 vs HPQ, IONQ, P: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, Super Micro Computer'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.


Super Micro Computer Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


FRA:MS50
82GF Score
Super Micro Computer Inc FRA:MS50
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Super Micro Computer 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.

Super Micro Computer's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.00/0.88
=5.68

* 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.

Super Micro Computer's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Super Micro Computer'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)
=2.752/330.2130*330.2130
=2.752

Current CPI (Mar. 2026) = 330.2130.

Super Micro Computer Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.322 241.018 0.441
201609 0.339 241.428 0.464
201612 0.373 241.432 0.510
201703 0.377 243.801 0.511
201706 0.355 244.955 0.479
201709 0.000 246.819 0.000
201712 0.000 246.524 0.000
201803 0.000 249.554 0.000
201806 0.367 251.989 0.481
201809 0.381 252.439 0.498
201812 0.400 251.233 0.526
201903 0.409 254.202 0.531
201906 0.421 256.143 0.543
201909 0.445 256.759 0.572
201912 0.450 256.974 0.578
202003 0.457 258.115 0.585
202006 0.456 257.797 0.584
202009 0.444 260.280 0.563
202012 0.436 260.474 0.553
202103 0.447 264.877 0.557
202106 0.454 271.696 0.552
202109 0.476 274.310 0.573
202112 0.515 278.802 0.610
202203 0.563 287.504 0.647
202206 0.651 296.311 0.725
202209 0.784 296.808 0.872
202212 0.812 296.797 0.903
202303 0.795 301.836 0.870
202306 0.869 305.109 0.941
202309 0.961 307.789 1.031
202312 1.274 306.746 1.371
202403 2.021 312.332 2.137
202406 2.161 314.175 2.271
202409 2.263 315.301 2.370
202412 2.535 315.605 2.652
202503 2.497 319.799 2.578
202506 2.322 322.561 2.377
202509 2.352 324.800 2.391
202512 2.518 324.054 2.566
202603 2.752 330.213 2.752

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 5.68 mean?
Super Micro Computer (FRA:MS50) has a Cyclically Adjusted PB Ratio of 5.68 as of Jul. 20, 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 Super Micro Computer and its competitors. This is 103% above median its historical median of 2.80. Over the past decade, Super Micro Computer's Cyclically Adjusted PB Ratio has ranged from 1.12 to 47.90. According to the industry distribution chart, Super Micro Computer ranks #1571 out of 1980 companies in the Hardware industry, placing it in the top 79.3%.
Is Super Micro Computer's Cyclically Adjusted PB Ratio too high?
Super Micro Computer's current Cyclically Adjusted PB Ratio of 5.68 is 103% above median its 10-year median of 2.80. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 47.90. The Hardware industry median Cyclically Adjusted PB Ratio is 2.01. Super Micro Computer's value of 5.68 is 182.6% above this industry median. Based on the distribution chart, Super Micro Computer ranks #1571 out of 1980 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Super Micro Computer has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Super Micro Computer's Cyclically Adjusted PB Ratio compare to HPQ and IONQ?
According to the Hardware industry distribution chart, Super Micro Computer ranks #1571 out of 1980 companies for Cyclically Adjusted PB Ratio. This places Super Micro Computer in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.01. Super Micro Computer's value of 5.68 is 182.6% above this benchmark. Historically, Super Micro Computer's own Cyclically Adjusted PB Ratio has ranged from 1.12 to 47.90 over the past decade. While the company's 10-year median is 2.80 vs. the industry median of 2.01, Super Micro Computer 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.01, based on 1,980 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. Super Micro Computer's current Cyclically Adjusted PB Ratio of 5.68 is 182.6% 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 Super Micro Computer and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Super Micro Computer's current Cyclically Adjusted PB Ratio is 5.68, which is 103% above median its own 10-year median of 2.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Super Micro Computer stock overvalued right now?
Based on GuruFocus' analysis, Super Micro Computer (FRA:MS50) is currently considered Possible Value Trap. The stock's GF Value™ is €18.35, compared to a current price of €5.00 — trading 72.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.68, which is 103% above median its 10-year median of 2.80 and 182.6% above the Hardware industry median of 2.01. Super Micro Computer's overall GF Score™ is 82/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Super Micro Computer (FRA:MS50), the current Cyclically Adjusted PB Ratio is 5.68 as of Jul. 20, 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 Super Micro Computer (FRA:MS50) Overvalued in 2026?

Based on GuruFocus' analysis, Super Micro Computer stock appears to be undervalued. The current stock price of €5.00 is trading 72.8% below its estimated GF Value™ of €18.35. GuruFocus considers Super Micro Computer to be Possible Value Trap.

Key valuation signals for FRA:MS50:

  • Cyclically Adjusted PB Ratio: 5.68 (103% above median its 10-year median of 2.80)
  • GF Value™: €18.35 vs. price of €5.00 (72.8% below fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 182.6% above the Hardware median (#1571 of 1980)

No single metric tells the full story. See the FRA:MS50 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Super Micro Computer Business Description

Address 980 Rock Avenue, San Jose, CA, USA, 95131
Super Micro Computer Inc provides high-performance server technology services to cloud computing, data centers, high-performance computing, and the Internet of Things embedded markets. Its solutions include servers, storage systems, modular blade servers, workstations, full-rack scale solutions, networking devices, server sub-systems, and server management. These turn-key solutions are designed, developed, validated, and installed for AI datacenters. The company has one operating segment that develops and provides high-performance server solutions based upon a, modular and open-standard architecture. More than half of the firm's revenue is generated in the United States, with the rest coming from Europe, Asia, and other regions.
82GF Score

Get the complete analysis for FRA:MS50

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

€5.00
Price
€18.35
GF Value