Monolithic Power Systems (MEX:MPWR) Cyclically Adjusted PB Ratio: 38.62 (As of Jul. 24, 2026) — 60% Above 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.

MEX:MPWR Monolithic Power Systems Inc MEX:MPWR
96 GF Score
Price MXN22,950.00
GF Value MXN18,038.21
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Monolithic Power Systems Cyclically Adjusted PB Ratio?

Monolithic Power Systems MEX:MPWR 96 Cyclically Adjusted PB Ratio is 38.62 as of Jul. 24, 2026, which is 60% above its 10-year median of 24.12. GuruFocus rates MEX:MPWR with a GF Score™ of 96/100 and a GF Value™ of MXN18,038.21 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 735 Semiconductors companies, Monolithic Power Systems ranks worse than 97.55% on this metric.

As of today (2026-07-24), Monolithic Power Systems's current share price is MXN22950.00. Monolithic Power Systems's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN594.30. Monolithic Power Systems's Cyclically Adjusted PB Ratio for today is 38.62.

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

MEX:MPWR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 10.18   Med: 24.12   Max: 47.47
Current: 40.64

During the past years, Monolithic Power Systems's highest Cyclically Adjusted PB Ratio was 47.47. The lowest was 10.18. And the median was 24.12.

MEX:MPWR's Cyclically Adjusted PB Ratio is ranked worse than
97.55% of 735 companies
in the Semiconductors industry
Industry Median: 3.16 vs MEX:MPWR: 40.64

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.

Monolithic Power Systems's adjusted book value per share data for the three months ended in Mar. 2026 was MXN1,349.786. 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 MXN594.30 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Monolithic Power Systems  (MEX:MPWR) 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.


Monolithic Power Systems Cyclically Adjusted PB Ratio Related Terms


Monolithic Power Systems Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Monolithic Power Systems'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.

Monolithic Power Systems Cyclically Adjusted PB Ratio Chart

Monolithic Power Systems 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 34.09 20.07 29.81 23.13 28.13

Monolithic Power Systems 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 21.22 25.19 29.89 28.13 31.81

MEX:MPWR vs ALAB, NXPI, MCHP: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, Monolithic Power Systems'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.


Monolithic Power Systems Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


MEX:MPWR
96GF Score
Monolithic Power Systems Inc MEX:MPWR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Monolithic Power Systems 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.

Monolithic Power Systems's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=22950.00/594.30
=38.62

* 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.

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

For example, Monolithic Power Systems'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)
=1349.786/330.2130*330.2130
=1,349.786

Current CPI (Mar. 2026) = 330.2130.

Monolithic Power Systems Quarterly Data

Book Value per Share CPI Adj_Book
201606 180.522 241.018 247.329
201609 197.962 241.428 270.762
201612 217.888 241.432 298.011
201703 205.977 243.801 278.983
201706 207.037 244.955 279.097
201709 221.023 246.819 295.701
201712 246.358 246.524 329.991
201803 240.671 249.554 318.459
201806 269.066 251.989 352.591
201809 269.127 252.439 352.042
201812 295.688 251.233 388.643
201903 306.637 254.202 398.327
201906 312.856 256.143 403.326
201909 333.811 256.759 429.308
201912 334.465 256.974 429.789
202003 426.427 258.115 545.539
202006 436.317 257.797 558.880
202009 448.016 260.280 568.391
202012 424.754 260.474 538.477
202103 456.568 264.877 569.188
202106 471.392 271.696 572.919
202109 518.707 274.310 624.417
202112 551.693 278.802 653.425
202203 566.310 287.504 650.436
202206 611.930 296.311 681.943
202209 655.934 296.808 729.758
202212 690.578 296.797 768.329
202303 675.310 301.836 738.799
202306 662.224 305.109 716.711
202309 707.090 307.789 758.605
202312 724.498 306.746 779.924
202403 720.758 312.332 762.021
202406 826.078 314.175 868.248
202409 949.291 315.301 994.187
202412 1,286.991 315.605 1,346.560
202503 1,396.018 319.799 1,441.478
202506 1,337.556 322.561 1,369.286
202509 1,366.269 324.800 1,389.039
202512 1,305.448 324.054 1,330.259
202603 1,349.786 330.213 1,349.786

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 38.62 mean?
Monolithic Power Systems (MEX:MPWR) has a Cyclically Adjusted PB Ratio of 38.62 as of Jul. 24, 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 Monolithic Power Systems and its competitors. This is 60% above median its historical median of 24.12. Over the past decade, Monolithic Power Systems' Cyclically Adjusted PB Ratio has ranged from 10.18 to 47.47. According to the industry distribution chart, Monolithic Power Systems ranks #717 out of 735 companies in the Semiconductors industry, placing it in the top 97.6%.
Is Monolithic Power Systems' Cyclically Adjusted PB Ratio too high?
Monolithic Power Systems' current Cyclically Adjusted PB Ratio of 38.62 is 60% above median its 10-year median of 24.12. Over the past 10 years, this metric has ranged from a low of 10.18 to a high of 47.47. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.16. Monolithic Power Systems' value of 38.62 is 1122.2% above this industry median. Based on the distribution chart, Monolithic Power Systems ranks #717 out of 735 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Monolithic Power Systems has a GF Score™ of 96/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Monolithic Power Systems' Cyclically Adjusted PB Ratio compare to ALAB and NXPI?
According to the Semiconductors industry distribution chart, Monolithic Power Systems ranks #717 out of 735 companies for Cyclically Adjusted PB Ratio. This places Monolithic Power Systems in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.16. Monolithic Power Systems' value of 38.62 is 1122.2% above this benchmark. Historically, Monolithic Power Systems' own Cyclically Adjusted PB Ratio has ranged from 10.18 to 47.47 over the past decade. While the company's 10-year median is 24.12 vs. the industry median of 3.16, Monolithic Power Systems 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 3.16, 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. Monolithic Power Systems's current Cyclically Adjusted PB Ratio of 38.62 is 1122.2% 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 Monolithic Power Systems and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Monolithic Power Systems's current Cyclically Adjusted PB Ratio is 38.62, which is 60% above median its own 10-year median of 24.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Monolithic Power Systems stock overvalued right now?
Based on GuruFocus' analysis, Monolithic Power Systems (MEX:MPWR) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN18,038.21, compared to a current price of MXN22,950.00 — trading 27.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 38.62, which is 60% above median its 10-year median of 24.12 and 1122.2% above the Semiconductors industry median of 3.16. Monolithic Power Systems' overall GF Score™ is 96/100 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 Monolithic Power Systems (MEX:MPWR), the current Cyclically Adjusted PB Ratio is 38.62 as of Jul. 24, 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 Monolithic Power Systems (MEX:MPWR) Overvalued in 2026?

Based on GuruFocus' analysis, Monolithic Power Systems stock appears to be overvalued. The current stock price of MXN22,950.00 is trading 27.2% above its estimated GF Value™ of MXN18,038.21. GuruFocus considers Monolithic Power Systems to be Modestly Overvalued.

Key valuation signals for MEX:MPWR:

  • Cyclically Adjusted PB Ratio: 38.62 (60% above median its 10-year median of 24.12)
  • GF Value™: MXN18,038.21 vs. price of MXN22,950.00 (27.2% above fair value)
  • GF Score™: 96/100 with 3 warning signs
  • Industry Position: 1122.2% above the Semiconductors median (#717 of 735)

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


Monolithic Power Systems Business Description

Address 1555 Palm Beach Lakes Boulevard, West Palm Beach, FL, USA, 33401
Monolithic Power Systems is an analog and mixed-signal chipmaker specializing in power management solutions. Its mission is to reduce total energy consumption in end systems. It serves the computing, automotive, industrial, communications, and consumer end markets. MPS uses a fabless manufacturing model, partnering with third-party chip foundries to host its proprietary BCD process technology.
96GF Score

Get the complete analysis for MEX:MPWR

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

MXN22,950.00
Price
MXN18,038.21
GF Value