GSIT (GSI Technology) Cyclically Adjusted PB Ratio: 1.85 (As of Jul. 05, 2026) — 41% Above Median


GSIT GSI Technology Inc GSIT
48 GF Score
Price $6.82
GF Value $2.96
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is GSI Technology Cyclically Adjusted PB Ratio?

GSI Technology GSIT -6.19% 48 Cyclically Adjusted PB Ratio is 1.85 as of Jul. 05, 2026, which is 41% above its 10-year median of 1.31. GuruFocus rates GSIT with a GF Score™ of 48/100 and a GF Value™ of $2.96 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 735 Semiconductors companies, GSI Technology ranks better than 68.84% on this metric.

As of today (2026-07-05), GSI Technology's current share price is $6.82. GSI Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $3.68. GSI Technology's Cyclically Adjusted PB Ratio for today is 1.85.

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

GSIT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 1.31   Max: 2.7
Current: 1.85

During the past years, GSI Technology's highest Cyclically Adjusted PB Ratio was 2.70. The lowest was 0.32. And the median was 1.31.

GSIT's Cyclically Adjusted PB Ratio is ranked better than
68.84% of 735 companies
in the Semiconductors industry
Industry Median: 3.68 vs GSIT: 1.85

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.

GSI Technology's adjusted book value per share data for the three months ended in Mar. 2026 was $2.234. 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 $3.68 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


GSI Technology  (NAS:GSIT) 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.


GSI Technology Cyclically Adjusted PB Ratio Related Terms


GSI Technology Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for GSI Technology'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.

GSI Technology Cyclically Adjusted PB Ratio Chart

GSI Technology Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.37 0.79 0.51 1.39

GSI 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 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 0.51 0.87 0.97 1.68 1.39

GSIT vs VLN, GCTS, QUIK: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, GSI 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.


GSI Technology Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


GSIT
48GF Score
GSI Technology Inc GSIT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GSI Technology 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.

GSI Technology's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.82/3.68
=1.85

* 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.

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

For example, GSI 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)
=2.234/330.2130*330.2130
=2.234

Current CPI (Mar. 2026) = 330.2130.

GSI Technology Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.172 241.018 5.716
201609 4.210 241.428 5.758
201612 4.236 241.432 5.794
201703 4.194 243.801 5.681
201706 4.123 244.955 5.558
201709 4.064 246.819 5.437
201712 4.021 246.524 5.386
201803 4.055 249.554 5.366
201806 4.008 251.989 5.252
201809 4.015 252.439 5.252
201812 4.147 251.233 5.451
201903 4.174 254.202 5.422
201906 4.196 256.143 5.409
201909 4.154 256.759 5.342
201912 3.988 256.974 5.125
202003 3.859 258.115 4.937
202006 3.672 257.797 4.703
202009 3.478 260.280 4.412
202012 3.298 260.474 4.181
202103 3.147 264.877 3.923
202106 3.020 271.696 3.670
202109 2.874 274.310 3.460
202112 2.729 278.802 3.232
202203 2.632 287.504 3.023
202206 2.495 296.311 2.780
202209 2.391 296.808 2.660
202212 2.220 296.797 2.470
202303 2.081 301.836 2.277
202306 1.937 305.109 2.096
202309 1.799 307.789 1.930
202312 1.565 306.746 1.685
202403 1.422 312.332 1.503
202406 1.493 314.175 1.569
202409 1.306 315.301 1.368
202412 1.172 315.605 1.226
202503 1.102 319.799 1.138
202506 1.285 322.561 1.315
202509 1.275 324.800 1.296
202512 2.311 324.054 2.355
202603 2.234 330.213 2.234

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 1.85 mean?
GSI Technology (GSIT) has a Cyclically Adjusted PB Ratio of 1.85 as of Jul. 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 GSI Technology and its competitors. This is 41% above median its historical median of 1.31. Over the past decade, GSI Technology's Cyclically Adjusted PB Ratio has ranged from 0.32 to 2.70. According to the industry distribution chart, GSI Technology ranks #229 out of 735 companies in the Semiconductors industry, placing it in the top 31.2%.
Is GSI Technology's Cyclically Adjusted PB Ratio too high?
GSI Technology's current Cyclically Adjusted PB Ratio of 1.85 is 41% above median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 2.70. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.68. GSI Technology's value of 1.85 is 49.7% below this industry median. Based on the distribution chart, GSI Technology ranks #229 out of 735 companies in the Semiconductors industry, which is above the industry midpoint. Overall, GSI Technology has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GSI Technology's Cyclically Adjusted PB Ratio compare to VLN and GCTS?
According to the Semiconductors industry distribution chart, GSI Technology ranks #229 out of 735 companies for Cyclically Adjusted PB Ratio. This puts GSI Technology in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.68. GSI Technology's value of 1.85 is 49.7% below this benchmark. Historically, GSI Technology's own Cyclically Adjusted PB Ratio has ranged from 0.32 to 2.70 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 3.68, GSI Technology has consistently been below 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 3.68, based on 735 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. GSI Technology's current Cyclically Adjusted PB Ratio of 1.85 is 49.7% below 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 GSI Technology and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GSI Technology's current Cyclically Adjusted PB Ratio is 1.85, which is 41% above median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GSI Technology stock overvalued right now?
Based on GuruFocus' analysis, GSI Technology (GSIT) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.96, compared to a current price of $6.82 — trading 130.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.85, which is 41% above median its 10-year median of 1.31 and 49.7% below the Semiconductors industry median of 3.68. GSI Technology's overall GF Score™ is 48/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For GSI Technology (GSIT), the current Cyclically Adjusted PB Ratio is 1.85 as of Jul. 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 GSI Technology (GSIT) Overvalued in 2026?

Based on GuruFocus' analysis, GSI Technology stock appears to be overvalued. The current stock price of $6.82 is trading 130.4% above its estimated GF Value™ of $2.96. GuruFocus considers GSI Technology to be Significantly Overvalued.

Key valuation signals for GSIT:

  • Cyclically Adjusted PB Ratio: 1.85 (41% above median its 10-year median of 1.31)
  • GF Value™: $2.96 vs. price of $6.82 (130.4% above fair value)
  • GF Score™: 48/100 with 3 warning signs
  • Industry Position: 49.7% below the Semiconductors median (#229 of 735)

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


GSI Technology Business Description

Address 1213 Elko Drive, Sunnyvale, CA, USA, 94089
GSI Technology Inc is a provider of semiconductor memory solutions. The company develops and markets high-performance memory products, including Very Fast static random access memory, or SRAM, that are incorporated in high-performance networking and telecommunications equipment, such as routers, switches, wide area network infrastructure equipment, wireless base stations, and network access equipment. It sells these products to original equipment manufacturers and customers including Nokia. In addition, it serves the ongoing needs of the military, aerospace, industrial, test and measurement equipment, and automotive and medical markets for high-performance SRAMs. It operates geographically in China, Singapore, the Netherlands, Germany, Rest of the world, and the United States.
48GF Score

Get the complete analysis for GSIT

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

$6.82
Price
$2.96
GF Value