SAMCO (FRA:SMU) Cyclically Adjusted PB Ratio: 6.80 (As of Aug. 05, 2026) — 144% Above Median

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FRA:SMU SAMCO Inc FRA:SMU
72 GF Score
Price €49.00
GF Value €28.39
Valuation Significantly Overvalued
! 1 Warning Sign
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What is SAMCO Cyclically Adjusted PB Ratio?

SAMCO FRA:SMU +6.06% 72 Cyclically Adjusted PB Ratio is 6.80 as of Aug. 05, 2026, which is 144% above its 10-year median of 2.79. GuruFocus rates FRA:SMU with a GF Score™ of 72/100 and a GF Value™ of €28.39 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 731 Semiconductors companies, SAMCO ranks worse than 76.88% on this metric.

As of today (2026-08-05), SAMCO's current share price is €49.00. SAMCO's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2026 was €7.21. SAMCO's Cyclically Adjusted PB Ratio for today is 6.80.

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

FRA:SMU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.77   Med: 2.79   Max: 11.04
Current: 7.43

During the past years, SAMCO's highest Cyclically Adjusted PB Ratio was 11.04. The lowest was 0.77. And the median was 2.79.

FRA:SMU's Cyclically Adjusted PB Ratio is ranked worse than
76.88% of 731 companies
in the Semiconductors industry
Industry Median: 3.1 vs FRA:SMU: 7.43

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.

SAMCO's adjusted book value per share data for the three months ended in Jan. 2026 was €9.391. 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 €7.21 for the trailing ten years ended in Jan. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SAMCO  (FRA:SMU) 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.


SAMCO Cyclically Adjusted PB Ratio Related Terms


SAMCO Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SAMCO'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.

SAMCO Cyclically Adjusted PB Ratio Chart

SAMCO Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.99 2.62 4.69 3.55 2.23

SAMCO Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 1.88 2.23 3.18 3.61 0.00

FRA:SMU vs AMAT, LRCX, KLAC: Cyclically Adjusted PB Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, SAMCO'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.


SAMCO Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


FRA:SMU
72GF Score
SAMCO Inc FRA:SMU
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SAMCO 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=49.00/7.21
=6.80

* 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.

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

For example, SAMCO's adjusted Book Value per Share data for the three months ended in Jan. 2026 was:

Adj_Book=Book Value per Share/CPI of Jan. 2026 (Change)*Current CPI (Jan. 2026)
=9.391/112.9000*112.9000
=9.391

Current CPI (Jan. 2026) = 112.9000.

SAMCO Quarterly Data

Book Value per Share CPI Adj_Book
201604 8.286 98.100 9.536
201607 9.020 97.900 10.402
201610 8.784 98.600 10.058
201701 8.373 98.200 9.626
201704 8.447 98.500 9.682
201707 7.682 98.300 8.823
201710 7.302 98.800 8.344
201801 7.304 99.500 8.288
201804 7.549 99.100 8.600
201807 7.910 99.200 9.002
201810 7.804 100.200 8.793
201901 8.261 99.700 9.355
201904 8.233 100.000 9.295
201907 8.492 99.800 9.607
201910 8.572 100.400 9.639
202001 8.752 100.500 9.832
202004 9.164 100.200 10.326
202007 8.922 100.000 10.073
202010 8.599 99.800 9.728
202101 8.710 99.800 9.853
202104 8.566 99.100 9.759
202107 8.992 99.700 10.183
202110 8.618 99.900 9.739
202201 9.026 100.300 10.160
202204 8.754 101.500 9.737
202207 9.003 102.300 9.936
202210 8.569 103.700 9.329
202301 9.264 104.700 9.990
202304 9.120 105.100 9.797
202307 8.900 105.700 9.506
202310 8.633 107.100 9.101
202401 9.015 106.900 9.521
202404 8.861 107.700 9.289
202407 8.963 108.600 9.318
202410 9.126 109.500 9.409
202501 9.676 111.200 9.824
202504 9.456 111.500 9.575
202507 9.828 111.900 9.916
202510 9.363 112.800 9.371
202601 9.391 112.900 9.391

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 6.80 mean?
SAMCO (FRA:SMU) has a Cyclically Adjusted PB Ratio of 6.80 as of Aug. 05, 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 SAMCO and its competitors. This is 144% above median its historical median of 2.79. Over the past decade, SAMCO's Cyclically Adjusted PB Ratio has ranged from 0.77 to 11.04. According to the industry distribution chart, SAMCO ranks #562 out of 731 companies in the Semiconductors industry, placing it in the top 76.9%.
Is SAMCO's Cyclically Adjusted PB Ratio too high?
SAMCO's current Cyclically Adjusted PB Ratio of 6.80 is 144% above median its 10-year median of 2.79. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 11.04. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.10. SAMCO's value of 6.80 is 119.4% above this industry median. Based on the distribution chart, SAMCO ranks #562 out of 731 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, SAMCO has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SAMCO's Cyclically Adjusted PB Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, SAMCO ranks #562 out of 731 companies for Cyclically Adjusted PB Ratio. This places SAMCO in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.10. SAMCO's value of 6.80 is 119.4% above this benchmark. Historically, SAMCO's own Cyclically Adjusted PB Ratio has ranged from 0.77 to 11.04 over the past decade. While the company's 10-year median is 2.79 vs. the industry median of 3.10, SAMCO 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. SAMCO's current Cyclically Adjusted PB Ratio of 6.80 is 119.4% 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 SAMCO 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. SAMCO's current Cyclically Adjusted PB Ratio is 6.80, which is 144% above median its own 10-year median of 2.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SAMCO stock overvalued right now?
Based on GuruFocus' analysis, SAMCO (FRA:SMU) is currently considered Significantly Overvalued. The stock's GF Value™ is €28.39, compared to a current price of €49.00 — trading 72.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.80, which is 144% above median its 10-year median of 2.79 and 119.4% above the Semiconductors industry median of 3.10. SAMCO's overall GF Score™ is 72/100 with 1 warning sign 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 SAMCO (FRA:SMU), the current Cyclically Adjusted PB Ratio is 6.80 as of Aug. 05, 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 SAMCO (FRA:SMU) Overvalued in 2026?

Based on GuruFocus' analysis, SAMCO stock appears to be overvalued. The current stock price of €49.00 is trading 72.6% above its estimated GF Value™ of €28.39. GuruFocus considers SAMCO to be Significantly Overvalued.

Key valuation signals for FRA:SMU:

  • Cyclically Adjusted PB Ratio: 6.80 (144% above median its 10-year median of 2.79)
  • GF Value™: €28.39 vs. price of €49.00 (72.6% above fair value)
  • GF Score™: 72/100 with 1 warning sign
  • Industry Position: 119.4% above the Semiconductors median (#562 of 731)

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


SAMCO Business Description

Other Exchanges 6387:Japan
Address 36 Waraya-cho, Takeda, Fushimi-ku, Kyoto, JPN, 612-8443
SAMCO Inc is engaged in the manufacturing and sales of semiconductor process equipment. It offers CVD equipment, dry etching equipment, dry cleaning equipment, and others in the field of optoelectronics such as LED and semiconductor lasers, electronic components such as MEMS and high-frequency devices, and semiconductor device fields such as 3D packages and defects analysis doing.
72GF Score

Get the complete analysis for FRA:SMU

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

€49.00
Price
€28.39
GF Value