Synaptics (MIL:1SYNA) Cyclically Adjusted PB Ratio: 3.59 (As of Aug. 20, 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.

MIL:1SYNA Synaptics Inc MIL:1SYNA
45 GF Score
Price €96.00
GF Value €90.05
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Synaptics Cyclically Adjusted PB Ratio?

Synaptics MIL:1SYNA 45 Cyclically Adjusted PB Ratio is 3.59 as of Aug. 20, 2026, which is 8% above its 10-year median of 3.32. GuruFocus rates MIL:1SYNA with a GF Score™ of 45/100 and a GF Value™ of €90.05 (Fairly Valued). The stock has 4 warning signs investors should review. Among 726 Semiconductors companies, Synaptics ranks better than 50.96% on this metric.

As of today (2026-08-20), Synaptics's current share price is €96.00. Synaptics's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €26.75. Synaptics's Cyclically Adjusted PB Ratio for today is 3.59.

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

MIL:1SYNA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.56   Med: 3.32   Max: 12.89
Current: 3.15

During the past years, Synaptics's highest Cyclically Adjusted PB Ratio was 12.89. The lowest was 1.56. And the median was 3.32.

MIL:1SYNA's Cyclically Adjusted PB Ratio is ranked better than
50.96% of 726 companies
in the Semiconductors industry
Industry Median: 3.24 vs MIL:1SYNA: 3.15

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.

Synaptics's adjusted book value per share data for the three months ended in Jun. 2026 was €20.654. 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 €26.75 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Synaptics  (MIL:1SYNA) 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.


Synaptics Cyclically Adjusted PB Ratio Related Terms


Synaptics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Synaptics'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.

Synaptics Cyclically Adjusted PB Ratio Chart

Synaptics Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.77 3.16 3.07 2.13 3.89

Synaptics 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 2.13 2.21 2.39 2.21 3.89

MIL:1SYNA vs DIOD, LASR, PI: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, Synaptics'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.


Synaptics Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


MIL:1SYNA
45GF Score
Synaptics Inc MIL:1SYNA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Synaptics 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=96.00/26.75
=3.59

* 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.

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

For example, Synaptics'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)
=20.654/333.9520*333.9520
=20.654

Current CPI (Jun. 2026) = 333.9520.

Synaptics Quarterly Data

Book Value per Share CPI Adj_Book
201609 17.865 241.428 24.712
201612 19.880 241.432 27.498
201703 19.055 243.801 26.101
201706 19.019 244.955 25.929
201709 18.548 246.819 25.096
201712 16.884 246.524 22.872
201803 16.314 249.554 21.831
201806 17.710 251.989 23.470
201809 17.625 252.439 23.316
201812 18.039 251.233 23.978
201903 18.667 254.202 24.523
201906 17.443 256.143 22.742
201909 18.015 256.759 23.431
201912 18.354 256.974 23.852
202003 18.973 258.115 24.547
202006 21.316 257.797 27.613
202009 20.688 260.280 26.544
202012 20.898 260.474 26.793
202103 22.268 264.877 28.075
202106 22.721 271.696 27.927
202109 21.701 274.310 26.419
202112 23.825 278.802 28.538
202203 26.547 287.504 30.836
202206 30.237 296.311 34.078
202209 33.471 296.808 37.660
202212 31.014 296.797 34.897
202303 31.229 301.836 34.552
202306 29.754 305.109 32.567
202309 28.799 307.789 31.247
202312 28.482 306.746 31.008
202403 28.788 312.332 30.781
202406 34.438 314.175 36.606
202409 33.010 315.301 34.963
202412 33.544 315.605 35.494
202503 33.020 319.799 34.481
202506 31.296 322.561 32.401
202509 30.523 324.800 31.383
202512 30.528 324.054 31.460
202603 30.341 330.213 30.685
202606 20.654 333.952 20.654

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 3.59 mean?
Synaptics (MIL:1SYNA) has a Cyclically Adjusted PB Ratio of 3.59 as of Aug. 20, 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 Synaptics and its competitors. This is near median its historical median of 3.32. Over the past decade, Synaptics' Cyclically Adjusted PB Ratio has ranged from 1.56 to 12.89. According to the industry distribution chart, Synaptics ranks #356 out of 726 companies in the Semiconductors industry, placing it in the top 49%.
Is Synaptics' Cyclically Adjusted PB Ratio too high?
Synaptics' current Cyclically Adjusted PB Ratio of 3.59 is near median its 10-year median of 3.32. Over the past 10 years, this metric has ranged from a low of 1.56 to a high of 12.89. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.24. Synaptics' value of 3.59 is 10.8% above this industry median. Based on the distribution chart, Synaptics ranks #356 out of 726 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Synaptics has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Synaptics' Cyclically Adjusted PB Ratio compare to DIOD and LASR?
According to the Semiconductors industry distribution chart, Synaptics ranks #356 out of 726 companies for Cyclically Adjusted PB Ratio. This puts Synaptics in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.24. Synaptics' value of 3.59 is 10.8% above this benchmark. Historically, Synaptics' own Cyclically Adjusted PB Ratio has ranged from 1.56 to 12.89 over the past decade. While the company's 10-year median is 3.32 vs. the industry median of 3.24, Synaptics 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 3.24, based on 726 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. Synaptics's current Cyclically Adjusted PB Ratio of 3.59 is 10.8% 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 Synaptics and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Synaptics's current Cyclically Adjusted PB Ratio is 3.59, which is near median its own 10-year median of 3.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Synaptics stock overvalued right now?
Based on GuruFocus' analysis, Synaptics (MIL:1SYNA) is currently considered Fairly Valued. The stock's GF Value™ is €90.05, compared to a current price of €96.00 — trading 6.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.59, which is near median its 10-year median of 3.32 and 10.8% above the Semiconductors industry median of 3.24. Synaptics' overall GF Score™ is 45/100 with 4 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 Synaptics (MIL:1SYNA), the current Cyclically Adjusted PB Ratio is 3.59 as of Aug. 20, 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 Synaptics (MIL:1SYNA) Overvalued in 2026?

Based on GuruFocus' analysis, Synaptics stock appears to be overvalued. The current stock price of €96.00 is trading 6.6% above its estimated GF Value™ of €90.05. GuruFocus considers Synaptics to be Fairly Valued.

Key valuation signals for MIL:1SYNA:

  • Cyclically Adjusted PB Ratio: 3.59 (near median its 10-year median of 3.32)
  • GF Value™: €90.05 vs. price of €96.00 (6.6% above fair value)
  • GF Score™: 45/100 with 4 warning signs
  • Industry Position: 10.8% above the Semiconductors median (#356 of 726)

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


Synaptics Business Description

Other Exchanges SYNA:USASJN:Germany
Address 1109 McKay Drive, San Jose, CA, USA, 95131
Synaptics Inc is a producer of semiconductor solutions for the mobile, PC, and Internet of Things markets. The company develops human interface solutions that enable touch, display, fingerprint, video, audio, voice, AI, and connectivity functions for smartphones, PCs, Internet of Things products, and other electronic devices. It operates in one segment: the development, marketing, and sale of semiconductor products used in electronic devices and products. The company geographically, it derives a majority of revenue from China, and also has its presence in Taiwan, Japan, South Korea, United States and Other countries.
45GF Score

Get the complete analysis for MIL:1SYNA

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

€96.00
Price
€90.05
GF Value