STMicroelectronics NV (MEX:STM N) Cyclically Adjusted PB Ratio: 5.39 (As of Aug. 06, 2026) — 45% Above Median

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MEX:STM N STMicroelectronics NV MEX:STM N
71 GF Score
Price MXN1,180.00
GF Value MXN689.62
Valuation Significantly Overvalued
! 5 Warning Signs
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What is STMicroelectronics NV Cyclically Adjusted PB Ratio?

STMicroelectronics NV MEX:STM N 71 Cyclically Adjusted PB Ratio is 5.39 as of Aug. 06, 2026, which is 45% above its 10-year median of 3.73. GuruFocus rates MEX:STM N with a GF Score™ of 71/100 and a GF Value™ of MXN689.62 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 731 Semiconductors companies, STMicroelectronics NV ranks worse than 59.23% on this metric.

As of today (2026-08-06), STMicroelectronics NV's current share price is MXN1180.00. STMicroelectronics NV's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN218.98. STMicroelectronics NV's Cyclically Adjusted PB Ratio for today is 5.39.

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

MEX:STM N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.08   Med: 3.73   Max: 7.88
Current: 4.2

During the past years, STMicroelectronics NV's highest Cyclically Adjusted PB Ratio was 7.88. The lowest was 1.08. And the median was 3.73.

MEX:STM N's Cyclically Adjusted PB Ratio is ranked worse than
59.23% of 731 companies
in the Semiconductors industry
Industry Median: 3.1 vs MEX:STM N: 4.20

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.

STMicroelectronics NV's adjusted book value per share data for the three months ended in Jun. 2026 was MXN344.991. 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 MXN218.98 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


STMicroelectronics NV  (MEX:STM N) 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.


STMicroelectronics NV Cyclically Adjusted PB Ratio Related Terms


STMicroelectronics NV Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for STMicroelectronics NV'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.

STMicroelectronics NV Cyclically Adjusted PB Ratio Chart

STMicroelectronics NV 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 7.37 5.01 5.84 2.68 2.19

STMicroelectronics NV Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.66 2.38 2.19 2.69 5.87

MEX:STM N vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, STMicroelectronics NV'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.


STMicroelectronics NV Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


MEX:STM N
71GF Score
STMicroelectronics NV MEX:STM N
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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STMicroelectronics NV 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.

STMicroelectronics NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1180.00/218.98
=5.39

* 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.

STMicroelectronics NV's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, STMicroelectronics NV's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=344.991/108.5600*108.5600
=344.991

Current CPI (Jun. 2026) = 108.5600.

STMicroelectronics NV Quarterly Data

Book Value per Share CPI Adj_Book
201609 100.253 99.604 109.267
201612 105.838 99.380 115.615
201703 100.375 100.040 108.924
201706 110.291 100.285 119.391
201709 104.471 100.254 113.127
201712 118.373 100.213 128.233
201803 115.571 100.836 124.424
201806 129.099 101.435 138.167
201809 124.012 101.246 132.971
201812 138.994 100.906 149.537
201903 140.516 101.571 150.185
201906 138.189 102.044 147.013
201909 146.127 101.396 156.452
201912 149.008 101.063 160.061
202003 188.370 101.048 202.375
202006 184.223 100.743 198.517
202009 187.747 100.585 202.634
202012 185.603 100.241 201.007
202103 194.037 100.800 208.975
202106 190.736 101.352 204.301
202109 192.616 101.533 205.948
202112 208.395 101.776 222.287
202203 214.904 103.205 226.055
202206 225.138 104.783 233.254
202209 242.301 104.835 250.911
202212 273.783 104.666 283.968
202303 275.721 106.245 281.730
202306 274.613 106.576 279.726
202309 297.180 106.570 302.731
202312 314.545 106.461 320.746
202403 314.571 107.355 318.102
202406 345.255 107.991 347.074
202409 383.606 107.468 387.504
202412 405.167 107.128 410.583
202503 405.454 107.722 408.607
202506 373.487 108.075 375.163
202509 367.222 107.710 370.120
202512 361.180 107.200 365.762
202603 360.494 108.060 362.162
202606 344.991 108.560 344.991

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 5.39 mean?
STMicroelectronics NV (MEX:STM N) has a Cyclically Adjusted PB Ratio of 5.39 as of Aug. 06, 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 STMicroelectronics NV and its competitors. This is 45% above median its historical median of 3.73. Over the past decade, STMicroelectronics NV's Cyclically Adjusted PB Ratio has ranged from 1.08 to 7.88. According to the industry distribution chart, STMicroelectronics NV ranks #433 out of 731 companies in the Semiconductors industry, placing it in the top 59.2%.
Is STMicroelectronics NV's Cyclically Adjusted PB Ratio too high?
STMicroelectronics NV's current Cyclically Adjusted PB Ratio of 5.39 is 45% above median its 10-year median of 3.73. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 7.88. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.10. STMicroelectronics NV's value of 5.39 is 73.9% above this industry median. Based on the distribution chart, STMicroelectronics NV ranks #433 out of 731 companies in the Semiconductors industry, which is below the industry midpoint. Overall, STMicroelectronics NV has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does STMicroelectronics NV's Cyclically Adjusted PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, STMicroelectronics NV ranks #433 out of 731 companies for Cyclically Adjusted PB Ratio. This places STMicroelectronics NV in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.10. STMicroelectronics NV's value of 5.39 is 73.9% above this benchmark. Historically, STMicroelectronics NV's own Cyclically Adjusted PB Ratio has ranged from 1.08 to 7.88 over the past decade. While the company's 10-year median is 3.73 vs. the industry median of 3.10, STMicroelectronics NV 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 3.10, based on 731 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. STMicroelectronics NV's current Cyclically Adjusted PB Ratio of 5.39 is 73.9% 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 STMicroelectronics NV and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. STMicroelectronics NV's current Cyclically Adjusted PB Ratio is 5.39, which is 45% above median its own 10-year median of 3.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is STMicroelectronics NV stock overvalued right now?
Based on GuruFocus' analysis, STMicroelectronics NV (MEX:STM N) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN689.62, compared to a current price of MXN1,180.00 — trading 71.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.39, which is 45% above median its 10-year median of 3.73 and 73.9% above the Semiconductors industry median of 3.10. STMicroelectronics NV's overall GF Score™ is 71/100 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 STMicroelectronics NV (MEX:STM N), the current Cyclically Adjusted PB Ratio is 5.39 as of Aug. 06, 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 STMicroelectronics NV (MEX:STM N) Overvalued in 2026?

Based on GuruFocus' analysis, STMicroelectronics NV stock appears to be overvalued. The current stock price of MXN1,180.00 is trading 71.1% above its estimated GF Value™ of MXN689.62. GuruFocus considers STMicroelectronics NV to be Significantly Overvalued.

Key valuation signals for MEX:STM N:

  • Cyclically Adjusted PB Ratio: 5.39 (45% above median its 10-year median of 3.73)
  • GF Value™: MXN689.62 vs. price of MXN1,180.00 (71.1% above fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 73.9% above the Semiconductors median (#433 of 731)

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


STMicroelectronics NV Business Description

Address 39, Chemin du Champ des Filles, Plan-Les-Ouates, Geneva, CHE, 1228
A merger between Italian firm SGS Microelettronica and the nonmilitary business of Thomson Semiconducteurs in France formed STMicroelectronics in 1987. STMicroelectronics is a leader in a variety of semiconductor products, including analog chips, discrete power semiconductors, microcontrollers, and sensors. It is an especially prominent chip supplier to the industrial and automotive industries.
71GF Score

Get the complete analysis for MEX:STM N

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

MXN1,180.00
Price
MXN689.62
GF Value