Synnex Technology International (LUX:SYNEX) Cyclically Adjusted PB Ratio: 1.87 (As of Jul. 25, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

LUX:SYNEX Synnex Technology International Corp LUX:SYNEX
77 GF Score
Price $9.05
GF Value $8.84
! 7 Warning Signs
View Full Analysis

What is Synnex Technology International Cyclically Adjusted PB Ratio?

Synnex Technology International LUX:SYNEX 77 Cyclically Adjusted PB Ratio is 1.87 as of Jul. 25, 2026, which is 6% above its 10-year median of 1.76. GuruFocus rates LUX:SYNEX with a GF Score™ of 77/100 and a GF Value™ of $8.84. The stock has 7 warning signs investors should review. Among 1,979 Hardware companies, Synnex Technology International ranks worse than 52.35% on this metric.

As of today (2026-07-25), Synnex Technology International's current share price is $9.05. Synnex Technology International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $4.85. Synnex Technology International's Cyclically Adjusted PB Ratio for today is 1.87.

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

LUX:SYNEX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.21   Med: 1.76   Max: 2.48
Current: 2.18

During the past years, Synnex Technology International's highest Cyclically Adjusted PB Ratio was 2.48. The lowest was 1.21. And the median was 1.76.

LUX:SYNEX's Cyclically Adjusted PB Ratio is ranked worse than
52.35% of 1979 companies
in the Hardware industry
Industry Median: 2.01 vs LUX:SYNEX: 2.18

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.

Synnex Technology International's adjusted book value per share data for the three months ended in Mar. 2026 was $5.914. 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 $4.85 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Synnex Technology International  (LUX:SYNEX) 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.


Synnex Technology International Cyclically Adjusted PB Ratio Related Terms


Synnex Technology International Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Synnex Technology International'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.

Synnex Technology International Cyclically Adjusted PB Ratio Chart

Synnex Technology International 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 2.14 1.76 1.97 1.88 1.46

Synnex Technology International 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 1.86 1.66 1.61 1.46 1.87

LUX:SYNEX vs SNX, ARW, AVT: Cyclically Adjusted PB Ratio Comparison

For the Electronics & Computer Distribution subindustry, Synnex Technology International'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.


Synnex Technology International Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


LUX:SYNEX
77GF Score
Synnex Technology International Corp LUX:SYNEX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Synnex Technology International 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.05/4.85
=1.87

* 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.

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

For example, Synnex Technology International'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)
=5.914/330.2130*330.2130
=5.914

Current CPI (Mar. 2026) = 330.2130.

Synnex Technology International Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.083 241.018 4.224
201609 3.140 241.428 4.295
201612 3.190 241.432 4.363
201703 3.206 243.801 4.342
201706 3.289 244.955 4.434
201709 3.480 246.819 4.656
201712 3.616 246.524 4.844
201803 3.853 249.554 5.098
201806 3.643 251.989 4.774
201809 3.587 252.439 4.692
201812 3.706 251.233 4.871
201903 4.001 254.202 5.197
201906 3.771 256.143 4.861
201909 3.771 256.759 4.850
201912 3.948 256.974 5.073
202003 3.580 258.115 4.580
202006 3.817 257.797 4.889
202009 4.118 260.280 5.224
202012 4.641 260.474 5.884
202103 4.394 264.877 5.478
202106 4.687 271.696 5.696
202109 5.109 274.310 6.150
202112 5.498 278.802 6.512
202203 5.112 287.504 5.871
202206 4.885 296.311 5.444
202209 5.277 296.808 5.871
202212 5.677 296.797 6.316
202303 5.294 301.836 5.792
202306 4.990 305.109 5.401
202309 5.265 307.789 5.649
202312 5.511 306.746 5.933
202403 5.331 312.332 5.636
202406 5.441 314.175 5.719
202409 5.586 315.301 5.850
202412 5.675 315.605 5.938
202503 5.371 319.799 5.546
202506 5.188 322.561 5.311
202509 5.862 324.800 5.960
202512 6.134 324.054 6.251
202603 5.914 330.213 5.914

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 1.87 mean?
Synnex Technology International (LUX:SYNEX) has a Cyclically Adjusted PB Ratio of 1.87 as of Jul. 25, 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 Synnex Technology International and its competitors. This is near median its historical median of 1.76. Over the past decade, Synnex Technology International's Cyclically Adjusted PB Ratio has ranged from 1.21 to 2.48. According to the industry distribution chart, Synnex Technology International ranks #1036 out of 1979 companies in the Hardware industry, placing it in the top 52.3%.
Is Synnex Technology International's Cyclically Adjusted PB Ratio too high?
Synnex Technology International's current Cyclically Adjusted PB Ratio of 1.87 is near median its 10-year median of 1.76. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 2.48. The Hardware industry median Cyclically Adjusted PB Ratio is 2.01. Synnex Technology International's value of 1.87 is 7% below this industry median. Based on the distribution chart, Synnex Technology International ranks #1036 out of 1979 companies in the Hardware industry, which is below the industry midpoint. Overall, Synnex Technology International has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Synnex Technology International's Cyclically Adjusted PB Ratio compare to SNX and ARW?
According to the Hardware industry distribution chart, Synnex Technology International ranks #1036 out of 1979 companies for Cyclically Adjusted PB Ratio. This places Synnex Technology International in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.01. Synnex Technology International's value of 1.87 is 7% below this benchmark. Historically, Synnex Technology International's own Cyclically Adjusted PB Ratio has ranged from 1.21 to 2.48 over the past decade. While the company's 10-year median is 1.76 vs. the industry median of 2.01, Synnex Technology International 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.01, based on 1,979 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. Synnex Technology International's current Cyclically Adjusted PB Ratio of 1.87 is 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 Synnex Technology International 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. Synnex Technology International's current Cyclically Adjusted PB Ratio is 1.87, which is near median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Synnex Technology International stock overvalued right now?
Synnex Technology International (LUX:SYNEX) has a current Cyclically Adjusted PB Ratio of 1.87. The stock's GF Value™ is $8.84, compared to a current price of $9.05 — trading 2.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.87, which is near median its 10-year median of 1.76 and 7% below the Hardware industry median of 2.01. Synnex Technology International's overall GF Score™ is 77/100 with 7 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 Synnex Technology International (LUX:SYNEX), the current Cyclically Adjusted PB Ratio is 1.87 as of Jul. 25, 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 Synnex Technology International (LUX:SYNEX) Overvalued in 2026?

Based on GuruFocus' analysis, Synnex Technology International stock appears to be overvalued. The current stock price of $9.05 is trading 2.4% above its estimated GF Value™ of $8.84.

Key valuation signals for LUX:SYNEX:

  • Cyclically Adjusted PB Ratio: 1.87 (near median its 10-year median of 1.76)
  • GF Value™: $8.84 vs. price of $9.05 (2.4% above fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 7% below the Hardware median (#1036 of 1979)

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


Synnex Technology International Business Description

Other Exchanges 2347:Taiwan
Address No. 205, Civic Boulevard, 27th Floor, Section 8, Taipei, TWN
Synnex Technology International Corp is a Taiwan-based company engaged in the sale of computers and related parts, communication products, consumer electronic products, electronic components, and semiconductor products. The majority of the company's revenue is generated from the distribution industry and is mainly engaged in the sale of 3C and semiconductor products. The company operates in Taiwan, Hong Kong, China, Australia, New Zealand, and Indonesia, of which China and Hong Kong are the key sources of revenue.
77GF Score

Get the complete analysis for LUX:SYNEX

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

$9.05
Price
$8.84
GF Value