Rambus (MIL:1RMBS) Cyclically Adjusted PB Ratio: 10.23 (As of Aug. 07, 2026) — 174% Above Median

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MIL:1RMBS Rambus Inc MIL:1RMBS
70 GF Score
Price €87.14
GF Value €85.34
Valuation Fairly Valued
! 1 Warning Sign
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What is Rambus Cyclically Adjusted PB Ratio?

Rambus MIL:1RMBS +1.04% 70 Cyclically Adjusted PB Ratio is 10.23 as of Aug. 07, 2026, which is 174% above its 10-year median of 3.73. GuruFocus rates MIL:1RMBS with a GF Score™ of 70/100 and a GF Value™ of €85.34 (Fairly Valued). The stock has 1 warning sign investors should review. Among 731 Semiconductors companies, Rambus ranks worse than 83.31% on this metric.

As of today (2026-08-07), Rambus's current share price is €87.14. Rambus's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €8.52. Rambus's Cyclically Adjusted PB Ratio for today is 10.23.

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

MIL:1RMBS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.66   Med: 3.73   Max: 15.92
Current: 9.55

During the past years, Rambus's highest Cyclically Adjusted PB Ratio was 15.92. The lowest was 1.66. And the median was 3.73.

MIL:1RMBS's Cyclically Adjusted PB Ratio is ranked worse than
83.31% of 731 companies
in the Semiconductors industry
Industry Median: 3.14 vs MIL:1RMBS: 9.55

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.

Rambus's adjusted book value per share data for the three months ended in Jun. 2026 was €11.737. 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 €8.52 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rambus  (MIL:1RMBS) 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.


Rambus Cyclically Adjusted PB Ratio Related Terms


Rambus Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Rambus'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.

Rambus Cyclically Adjusted PB Ratio Chart

Rambus 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 4.48 4.91 8.52 6.02 9.56

Rambus 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 6.89 10.99 9.56 8.65 12.98

MIL:1RMBS vs SIMO, SMTC, SWKS: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, Rambus'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.


Rambus Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


MIL:1RMBS
70GF Score
Rambus Inc MIL:1RMBS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rambus 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.

Rambus's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=87.14/8.52
=10.23

* 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.

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

For example, Rambus'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)
=11.737/333.9520*333.9520
=11.737

Current CPI (Jun. 2026) = 333.9520.

Rambus Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.460 241.428 6.169
201612 4.719 241.432 6.527
201703 5.034 243.801 6.895
201706 4.644 244.955 6.331
201709 4.506 246.819 6.097
201712 4.400 246.524 5.960
201803 8.443 249.554 11.298
201806 8.815 251.989 11.682
201809 7.964 252.439 10.536
201812 8.161 251.233 10.848
201903 8.016 254.202 10.531
201906 7.751 256.143 10.106
201909 7.829 256.759 10.183
201912 7.829 256.974 10.174
202003 7.715 258.115 9.982
202006 7.535 257.797 9.761
202009 7.141 260.280 9.162
202012 6.717 260.474 8.612
202103 6.790 264.877 8.561
202106 6.331 271.696 7.782
202109 6.590 274.310 8.023
202112 6.983 278.802 8.364
202203 6.533 287.504 7.588
202206 7.174 296.311 8.085
202209 7.047 296.808 7.929
202212 6.836 296.797 7.692
202303 6.536 301.836 7.231
202306 7.997 305.109 8.753
202309 8.328 307.789 9.036
202312 8.826 306.746 9.609
202403 8.464 312.332 9.050
202406 8.877 314.175 9.436
202409 8.784 315.301 9.304
202412 10.017 315.605 10.599
202503 9.988 319.799 10.430
202506 9.895 322.561 10.244
202509 10.198 324.800 10.485
202512 10.811 324.054 11.141
202603 11.145 330.213 11.271
202606 11.737 333.952 11.737

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 10.23 mean?
Rambus (MIL:1RMBS) has a Cyclically Adjusted PB Ratio of 10.23 as of Aug. 07, 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 Rambus and its competitors. This is 174% above median its historical median of 3.73. Over the past decade, Rambus' Cyclically Adjusted PB Ratio has ranged from 1.66 to 15.92. According to the industry distribution chart, Rambus ranks #609 out of 731 companies in the Semiconductors industry, placing it in the top 83.3%.
Is Rambus' Cyclically Adjusted PB Ratio too high?
Rambus' current Cyclically Adjusted PB Ratio of 10.23 is 174% above median its 10-year median of 3.73. Over the past 10 years, this metric has ranged from a low of 1.66 to a high of 15.92. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.14. Rambus' value of 10.23 is 225.8% above this industry median. Based on the distribution chart, Rambus ranks #609 out of 731 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Rambus has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Rambus' Cyclically Adjusted PB Ratio compare to SIMO and SMTC?
According to the Semiconductors industry distribution chart, Rambus ranks #609 out of 731 companies for Cyclically Adjusted PB Ratio. This places Rambus in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.14. Rambus' value of 10.23 is 225.8% above this benchmark. Historically, Rambus' own Cyclically Adjusted PB Ratio has ranged from 1.66 to 15.92 over the past decade. While the company's 10-year median is 3.73 vs. the industry median of 3.14, Rambus 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 3.14, 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. Rambus's current Cyclically Adjusted PB Ratio of 10.23 is 225.8% 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 Rambus and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rambus's current Cyclically Adjusted PB Ratio is 10.23, which is 174% 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 Rambus stock overvalued right now?
Based on GuruFocus' analysis, Rambus (MIL:1RMBS) is currently considered Fairly Valued. The stock's GF Value™ is €85.34, compared to a current price of €87.14 — trading 2.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 10.23, which is 174% above median its 10-year median of 3.73 and 225.8% above the Semiconductors industry median of 3.14. Rambus' overall GF Score™ is 70/100 with 1 warning sign 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 Rambus (MIL:1RMBS), the current Cyclically Adjusted PB Ratio is 10.23 as of Aug. 07, 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 Rambus (MIL:1RMBS) Overvalued in 2026?

Based on GuruFocus' analysis, Rambus stock appears to be overvalued. The current stock price of €87.14 is trading 2.1% above its estimated GF Value™ of €85.34. GuruFocus considers Rambus to be Fairly Valued.

Key valuation signals for MIL:1RMBS:

  • Cyclically Adjusted PB Ratio: 10.23 (174% above median its 10-year median of 3.73)
  • GF Value™: €85.34 vs. price of €87.14 (2.1% above fair value)
  • GF Score™: 70/100 with 1 warning sign
  • Industry Position: 225.8% above the Semiconductors median (#609 of 731)

No single metric tells the full story. See the MIL:1RMBS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rambus Business Description

Other Exchanges RMBS:USA0QYL:UKRMB:Germany
Address 4453 North First Street, Suite 100, San Jose, CA, USA, 95134
Rambus Inc is a semiconductor company providing chips and silicon IP for data-intensive computing systems, focusing on data center and artificial intelligence (AI) infrastructure. The company is at the forefront of enabling the next era of AI-driven computing, addressing challenges of signal and power integrity at increasingly extreme data rates across the data center, edge, and client markets. It offers high-performance memory subsystems, with a balanced and diverse portfolio of products, IP, and patents that maximize performance and security in computationally intensive systems. The company operates in South Korea, Singapore, the United States, and other countries, with the majority of its revenue coming from South Korea.
70GF Score

Get the complete analysis for MIL:1RMBS

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

€87.14
Price
€85.34
GF Value