Super Micro Computer (MEX:SMCI) Cyclically Adjusted PB Ratio: 5.63 (As of Jul. 31, 2026) — 100% Above Median

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MEX:SMCI Super Micro Computer Inc MEX:SMCI
61 GF Score
Price MXN481.87
GF Value MXN1,556.65
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Super Micro Computer Cyclically Adjusted PB Ratio?

Super Micro Computer MEX:SMCI +6.55% 61 Cyclically Adjusted PB Ratio is 5.63 as of Jul. 31, 2026, which is 100% above its 10-year median of 2.82. GuruFocus rates MEX:SMCI with a GF Score™ of 61/100 and a GF Value™ of MXN1,556.65 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,974 Hardware companies, Super Micro Computer ranks worse than 81.76% on this metric.

As of today (2026-07-31), Super Micro Computer's current share price is MXN481.87. Super Micro Computer's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN85.63. Super Micro Computer's Cyclically Adjusted PB Ratio for today is 5.63.

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

MEX:SMCI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.12   Med: 2.82   Max: 47.9
Current: 5.79

During the past years, Super Micro Computer's highest Cyclically Adjusted PB Ratio was 47.90. The lowest was 1.12. And the median was 2.82.

MEX:SMCI's Cyclically Adjusted PB Ratio is ranked worse than
81.76% of 1974 companies
in the Hardware industry
Industry Median: 1.99 vs MEX:SMCI: 5.79

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.

Super Micro Computer's adjusted book value per share data for the three months ended in Mar. 2026 was MXN227.154. 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 MXN85.63 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Super Micro Computer  (MEX:SMCI) 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.


Super Micro Computer Cyclically Adjusted PB Ratio Related Terms


Super Micro Computer Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Super Micro Computer'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.

Super Micro Computer Cyclically Adjusted PB Ratio Chart

Super Micro Computer Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.25 2.16 11.46 28.75 12.59

Super Micro Computer 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 9.45 12.59 11.51 6.62 4.76

MEX:SMCI vs HPQ, P, IONQ: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, Super Micro Computer'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.


Super Micro Computer Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


MEX:SMCI
61GF Score
Super Micro Computer Inc MEX:SMCI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Super Micro Computer 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.

Super Micro Computer's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=481.87/85.63
=5.63

* 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.

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

For example, Super Micro Computer'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)
=227.154/330.2130*330.2130
=227.154

Current CPI (Mar. 2026) = 330.2130.

Super Micro Computer Quarterly Data

Book Value per Share CPI Adj_Book
201606 26.527 241.018 36.344
201609 29.137 241.428 39.852
201612 32.112 241.432 43.920
201703 30.049 243.801 40.699
201706 28.576 244.955 38.522
201709 0.000 246.819 0.000
201712 0.000 246.524 0.000
201803 0.000 249.554 0.000
201806 33.346 251.989 43.697
201809 32.933 252.439 43.079
201812 35.406 251.233 46.537
201903 35.505 254.202 46.122
201906 36.183 256.143 46.646
201909 38.347 256.759 49.317
201912 37.332 256.974 47.972
202003 46.892 258.115 59.990
202006 46.929 257.797 60.112
202009 45.772 260.280 58.070
202012 41.788 260.474 52.976
202103 43.049 264.877 53.668
202106 43.141 271.696 52.433
202109 45.600 274.310 54.893
202112 47.260 278.802 55.975
202203 48.894 287.504 56.157
202206 54.825 296.311 61.098
202209 61.849 296.808 68.810
202212 66.399 296.797 73.875
202303 60.734 301.836 66.444
202306 63.907 305.109 69.165
202309 70.773 307.789 75.929
202312 93.403 306.746 100.549
202403 144.387 312.332 152.653
202406 168.757 314.175 177.372
202409 195.796 315.301 205.056
202412 219.222 315.605 229.369
202503 218.695 319.799 225.817
202506 199.711 322.561 204.449
202509 200.501 324.800 203.842
202512 210.203 324.054 214.198
202603 227.154 330.213 227.154

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 5.63 mean?
Super Micro Computer (MEX:SMCI) has a Cyclically Adjusted PB Ratio of 5.63 as of Jul. 31, 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 Super Micro Computer and its competitors. This is 100% above median its historical median of 2.82. Over the past decade, Super Micro Computer's Cyclically Adjusted PB Ratio has ranged from 1.12 to 47.90. According to the industry distribution chart, Super Micro Computer ranks #1614 out of 1974 companies in the Hardware industry, placing it in the top 81.8%.
Is Super Micro Computer's Cyclically Adjusted PB Ratio too high?
Super Micro Computer's current Cyclically Adjusted PB Ratio of 5.63 is 100% above median its 10-year median of 2.82. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 47.90. The Hardware industry median Cyclically Adjusted PB Ratio is 1.99. Super Micro Computer's value of 5.63 is 182.9% above this industry median. Based on the distribution chart, Super Micro Computer ranks #1614 out of 1974 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Super Micro Computer has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Super Micro Computer's Cyclically Adjusted PB Ratio compare to HPQ and P?
According to the Hardware industry distribution chart, Super Micro Computer ranks #1614 out of 1974 companies for Cyclically Adjusted PB Ratio. This places Super Micro Computer in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.99. Super Micro Computer's value of 5.63 is 182.9% above this benchmark. Historically, Super Micro Computer's own Cyclically Adjusted PB Ratio has ranged from 1.12 to 47.90 over the past decade. While the company's 10-year median is 2.82 vs. the industry median of 1.99, Super Micro Computer 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 1.99, based on 1,974 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. Super Micro Computer's current Cyclically Adjusted PB Ratio of 5.63 is 182.9% 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 Super Micro Computer and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Super Micro Computer's current Cyclically Adjusted PB Ratio is 5.63, which is 100% above median its own 10-year median of 2.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Super Micro Computer stock overvalued right now?
Based on GuruFocus' analysis, Super Micro Computer (MEX:SMCI) is currently considered Possible Value Trap. The stock's GF Value™ is MXN1,556.65, compared to a current price of MXN481.87 — trading 69% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.63, which is 100% above median its 10-year median of 2.82 and 182.9% above the Hardware industry median of 1.99. Super Micro Computer's overall GF Score™ is 61/100 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 Super Micro Computer (MEX:SMCI), the current Cyclically Adjusted PB Ratio is 5.63 as of Jul. 31, 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 Super Micro Computer (MEX:SMCI) Overvalued in 2026?

Based on GuruFocus' analysis, Super Micro Computer stock appears to be undervalued. The current stock price of MXN481.87 is trading 69% below its estimated GF Value™ of MXN1,556.65. GuruFocus considers Super Micro Computer to be Possible Value Trap.

Key valuation signals for MEX:SMCI:

  • Cyclically Adjusted PB Ratio: 5.63 (100% above median its 10-year median of 2.82)
  • GF Value™: MXN1,556.65 vs. price of MXN481.87 (69% below fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 182.9% above the Hardware median (#1614 of 1974)

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


Super Micro Computer Business Description

Address 980 Rock Avenue, San Jose, CA, USA, 95131
Super Micro Computer Inc provides high-performance server technology services to cloud computing, data centers, high-performance computing, and the Internet of Things embedded markets. Its solutions include servers, storage systems, modular blade servers, workstations, full-rack scale solutions, networking devices, server sub-systems, and server management. These turn-key solutions are designed, developed, validated, and installed for AI datacenters. The company has one operating segment that develops and provides high-performance server solutions based upon a, modular and open-standard architecture. More than half of the firm's revenue is generated in the United States, with the rest coming from Europe, Asia, and other regions.
61GF Score

Get the complete analysis for MEX:SMCI

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

MXN481.87
Price
MXN1,556.65
GF Value