Lattice Semiconductor (HAM:LTT) Cyclically Adjusted PB Ratio: 34.62 (As of Aug. 01, 2026) — 133% Above Median

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HAM:LTT Lattice Semiconductor Corp HAM:LTT
72 GF Score
Price €108.00
GF Value €60.97
! 5 Warning Signs
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What is Lattice Semiconductor Cyclically Adjusted PB Ratio?

Lattice Semiconductor HAM:LTT +11.19% 72 Cyclically Adjusted PB Ratio is 34.62 as of Aug. 01, 2026, which is 133% above its 10-year median of 14.89. GuruFocus rates HAM:LTT with a GF Score™ of 72/100 and a GF Value™ of €60.97. The stock has 5 warning signs investors should review. Among 732 Semiconductors companies, Lattice Semiconductor ranks worse than 96.86% on this metric.

As of today (2026-08-01), Lattice Semiconductor's current share price is €108.00. Lattice Semiconductor's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €3.12. Lattice Semiconductor's Cyclically Adjusted PB Ratio for today is 34.62.

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

HAM:LTT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.73   Med: 14.89   Max: 40.67
Current: 32.89

During the past years, Lattice Semiconductor's highest Cyclically Adjusted PB Ratio was 40.67. The lowest was 1.73. And the median was 14.89.

HAM:LTT's Cyclically Adjusted PB Ratio is ranked worse than
96.86% of 732 companies
in the Semiconductors industry
Industry Median: 3.04 vs HAM:LTT: 32.89

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.

Lattice Semiconductor's adjusted book value per share data for the three months ended in Mar. 2026 was €4.679. 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 €3.12 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lattice Semiconductor  (HAM:LTT) 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.


Lattice Semiconductor Cyclically Adjusted PB Ratio Related Terms


Lattice Semiconductor Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lattice Semiconductor'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.

Lattice Semiconductor Cyclically Adjusted PB Ratio Chart

Lattice Semiconductor 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 24.95 20.24 20.72 16.40 20.11

Lattice Semiconductor 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 14.92 13.73 20.23 20.11 24.55

HAM:LTT vs SITM, MTSI, SMTC: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, Lattice Semiconductor'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.


Lattice Semiconductor Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


HAM:LTT
72GF Score
Lattice Semiconductor Corp HAM:LTT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Lattice Semiconductor 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.

Lattice Semiconductor's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=108.00/3.12
=34.62

* 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.

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

For example, Lattice Semiconductor'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)
=4.679/330.2130*330.2130
=4.679

Current CPI (Mar. 2026) = 330.2130.

Lattice Semiconductor Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.087 241.018 2.859
201609 2.015 241.428 2.756
201612 2.108 241.432 2.883
201703 2.050 243.801 2.777
201706 1.876 244.955 2.529
201709 1.487 246.819 1.989
201712 1.485 246.524 1.989
201803 1.603 249.554 2.121
201806 1.572 251.989 2.060
201809 1.731 252.439 2.264
201812 1.751 251.233 2.301
201903 1.886 254.202 2.450
201906 1.971 256.143 2.541
201909 2.106 256.759 2.708
201912 2.203 256.974 2.831
202003 2.307 258.115 2.951
202006 2.393 257.797 3.065
202009 2.351 260.280 2.983
202012 2.319 260.474 2.940
202103 2.411 264.877 3.006
202106 2.419 271.696 2.940
202109 2.439 274.310 2.936
202112 2.654 278.802 3.143
202203 2.782 287.504 3.195
202206 3.004 296.311 3.348
202209 3.256 296.808 3.622
202212 3.354 296.797 3.732
202303 3.495 301.836 3.824
202306 3.849 305.109 4.166
202309 4.251 307.789 4.561
202312 4.621 306.746 4.975
202403 4.566 312.332 4.827
202406 4.713 314.175 4.954
202409 4.596 315.301 4.813
202412 4.930 315.605 5.158
202503 4.762 319.799 4.917
202506 4.359 322.561 4.462
202509 4.401 324.800 4.474
202512 4.459 324.054 4.544
202603 4.679 330.213 4.679

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 34.62 mean?
Lattice Semiconductor (HAM:LTT) has a Cyclically Adjusted PB Ratio of 34.62 as of Aug. 01, 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 Lattice Semiconductor and its competitors. This is 133% above median its historical median of 14.89. Over the past decade, Lattice Semiconductor's Cyclically Adjusted PB Ratio has ranged from 1.73 to 40.67. According to the industry distribution chart, Lattice Semiconductor ranks #709 out of 732 companies in the Semiconductors industry, placing it in the top 96.9%.
Is Lattice Semiconductor's Cyclically Adjusted PB Ratio too high?
Lattice Semiconductor's current Cyclically Adjusted PB Ratio of 34.62 is 133% above median its 10-year median of 14.89. Over the past 10 years, this metric has ranged from a low of 1.73 to a high of 40.67. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.04. Lattice Semiconductor's value of 34.62 is 1038.8% above this industry median. Based on the distribution chart, Lattice Semiconductor ranks #709 out of 732 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Lattice Semiconductor has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Lattice Semiconductor's Cyclically Adjusted PB Ratio compare to SITM and MTSI?
According to the Semiconductors industry distribution chart, Lattice Semiconductor ranks #709 out of 732 companies for Cyclically Adjusted PB Ratio. This places Lattice Semiconductor in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.04. Lattice Semiconductor's value of 34.62 is 1038.8% above this benchmark. Historically, Lattice Semiconductor's own Cyclically Adjusted PB Ratio has ranged from 1.73 to 40.67 over the past decade. While the company's 10-year median is 14.89 vs. the industry median of 3.04, Lattice Semiconductor 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 3.04, based on 732 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. Lattice Semiconductor's current Cyclically Adjusted PB Ratio of 34.62 is 1038.8% 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 Lattice Semiconductor and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lattice Semiconductor's current Cyclically Adjusted PB Ratio is 34.62, which is 133% above median its own 10-year median of 14.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lattice Semiconductor stock overvalued right now?
Lattice Semiconductor (HAM:LTT) has a current Cyclically Adjusted PB Ratio of 34.62. The stock's GF Value™ is €60.97, compared to a current price of €108.00 — trading 77.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 34.62, which is 133% above median its 10-year median of 14.89 and 1038.8% above the Semiconductors industry median of 3.04. Lattice Semiconductor's overall GF Score™ is 72/100 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 Lattice Semiconductor (HAM:LTT), the current Cyclically Adjusted PB Ratio is 34.62 as of Aug. 01, 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 Lattice Semiconductor (HAM:LTT) Overvalued in 2026?

Based on GuruFocus' analysis, Lattice Semiconductor stock appears to be overvalued. The current stock price of €108.00 is trading 77.1% above its estimated GF Value™ of €60.97.

Key valuation signals for HAM:LTT:

  • Cyclically Adjusted PB Ratio: 34.62 (133% above median its 10-year median of 14.89)
  • GF Value™: €60.97 vs. price of €108.00 (77.1% above fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 1038.8% above the Semiconductors median (#709 of 732)

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


Lattice Semiconductor Business Description

Address 5555 North East Moore Court, Hillsboro, OR, USA, 97124-6421
Lattice Semiconductor Corp is a developer of semiconductor technology that it distributes through products, solutions, and licenses. The company reaches its customers through consumer, communications, and industrial markets. The company has one operating segment namely the core Lattice business that includes silicon-based and silicon-enabling products, evaluation boards, development hardware, and related intellectual property licensing, services, and sales. The products of the company are offered globally; and, the majority of sales are derived from customers in Asia. It also has its presence in Americas and Europe.
72GF Score

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

€108.00
Price
€60.97
GF Value