Silicon Motion Technology (STU:S9M) Cyclically Adjusted PB Ratio: 12.89 (As of Aug. 16, 2026) — 180% Above Median

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STU:S9M Silicon Motion Technology Corp STU:S9M
74 GF Score
Price €230.00
GF Value €125.86
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Silicon Motion Technology Cyclically Adjusted PB Ratio?

Silicon Motion Technology STU:S9M +11.65% 74 Cyclically Adjusted PB Ratio is 12.89 as of Aug. 16, 2026, which is 180% above its 10-year median of 4.60. GuruFocus rates STU:S9M with a GF Score™ of 74/100 and a GF Value™ of €125.86 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 727 Semiconductors companies, Silicon Motion Technology ranks worse than 87.21% on this metric.

As of today (2026-08-16), Silicon Motion Technology's current share price is €230.00. Silicon Motion Technology's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €17.85. Silicon Motion Technology's Cyclically Adjusted PB Ratio for today is 12.89.

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

STU:S9M' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.14   Med: 4.6   Max: 16.12
Current: 13.19

During the past years, Silicon Motion Technology's highest Cyclically Adjusted PB Ratio was 16.12. The lowest was 2.14. And the median was 4.60.

STU:S9M's Cyclically Adjusted PB Ratio is ranked worse than
87.21% of 727 companies
in the Semiconductors industry
Industry Median: 3.35 vs STU:S9M: 13.19

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.

Silicon Motion Technology's adjusted book value per share data for the three months ended in Jun. 2026 was €26.798. 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 €17.85 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Silicon Motion Technology  (STU:S9M) 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.


Silicon Motion Technology Cyclically Adjusted PB Ratio Related Terms


Silicon Motion Technology Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Silicon Motion Technology'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.

Silicon Motion Technology Cyclically Adjusted PB Ratio Chart

Silicon Motion Technology 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 7.05 4.39 3.72 3.01 4.76

Silicon Motion Technology 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 4.05 4.98 4.76 5.63 16.36

STU:S9M vs SWKS, ALGM, RMBS: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, Silicon Motion Technology'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.


Silicon Motion Technology Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


STU:S9M
74GF Score
Silicon Motion Technology Corp STU:S9M
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Silicon Motion Technology 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.

Silicon Motion Technology's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=230.00/17.85
=12.89

* 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.

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

For example, Silicon Motion Technology'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)
=26.798/121.3631*121.3631
=26.798

Current CPI (Jun. 2026) = 121.3631.

Silicon Motion Technology Quarterly Data

Book Value per Share CPI Adj_Book
201609 10.347 102.565 12.243
201612 11.881 103.225 13.969
201703 12.321 103.335 14.471
201706 12.349 103.664 14.457
201709 12.125 103.994 14.150
201712 11.664 104.984 13.484
201803 11.710 105.973 13.411
201806 13.050 106.193 14.914
201809 13.815 106.852 15.691
201812 12.935 107.622 14.587
201903 13.202 108.172 14.812
201906 13.821 109.601 15.304
201909 14.425 110.260 15.878
201912 13.892 110.700 15.230
202003 14.539 110.920 15.908
202006 14.985 110.590 16.445
202009 14.642 107.512 16.528
202012 13.273 109.711 14.683
202103 14.305 111.579 15.559
202106 15.368 111.360 16.749
202109 17.204 109.051 19.146
202112 16.657 112.349 17.993
202203 16.314 113.558 17.435
202206 18.461 113.448 19.749
202209 21.222 113.778 22.637
202212 20.923 114.548 22.168
202303 20.920 115.427 21.996
202306 20.983 115.647 22.020
202309 21.703 116.087 22.689
202312 20.160 117.296 20.859
202403 20.580 117.735 21.214
202406 21.638 117.296 22.388
202409 21.651 118.615 22.153
202412 21.891 118.945 22.336
202503 21.022 119.384 21.370
202506 20.127 119.055 20.517
202509 21.167 119.934 21.419
202512 21.139 120.704 21.254
202603 23.115 121.473 23.094
202606 26.798 121.363 26.798

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 12.89 mean?
Silicon Motion Technology (STU:S9M) has a Cyclically Adjusted PB Ratio of 12.89 as of Aug. 16, 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 Silicon Motion Technology and its competitors. This is 180% above median its historical median of 4.60. Over the past decade, Silicon Motion Technology's Cyclically Adjusted PB Ratio has ranged from 2.14 to 16.12. According to the industry distribution chart, Silicon Motion Technology ranks #634 out of 727 companies in the Semiconductors industry, placing it in the top 87.2%.
Is Silicon Motion Technology's Cyclically Adjusted PB Ratio too high?
Silicon Motion Technology's current Cyclically Adjusted PB Ratio of 12.89 is 180% above median its 10-year median of 4.60. Over the past 10 years, this metric has ranged from a low of 2.14 to a high of 16.12. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.35. Silicon Motion Technology's value of 12.89 is 284.8% above this industry median. Based on the distribution chart, Silicon Motion Technology ranks #634 out of 727 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Silicon Motion Technology has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Silicon Motion Technology's Cyclically Adjusted PB Ratio compare to SWKS and ALGM?
According to the Semiconductors industry distribution chart, Silicon Motion Technology ranks #634 out of 727 companies for Cyclically Adjusted PB Ratio. This places Silicon Motion Technology in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.35. Silicon Motion Technology's value of 12.89 is 284.8% above this benchmark. Historically, Silicon Motion Technology's own Cyclically Adjusted PB Ratio has ranged from 2.14 to 16.12 over the past decade. While the company's 10-year median is 4.60 vs. the industry median of 3.35, Silicon Motion Technology 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 3.35, based on 727 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. Silicon Motion Technology's current Cyclically Adjusted PB Ratio of 12.89 is 284.8% 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 Silicon Motion Technology and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Silicon Motion Technology's current Cyclically Adjusted PB Ratio is 12.89, which is 180% above median its own 10-year median of 4.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silicon Motion Technology stock overvalued right now?
Based on GuruFocus' analysis, Silicon Motion Technology (STU:S9M) is currently considered Significantly Overvalued. The stock's GF Value™ is €125.86, compared to a current price of €230.00 — trading 82.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 12.89, which is 180% above median its 10-year median of 4.60 and 284.8% above the Semiconductors industry median of 3.35. Silicon Motion Technology's overall GF Score™ is 74/100 with 7 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 Silicon Motion Technology (STU:S9M), the current Cyclically Adjusted PB Ratio is 12.89 as of Aug. 16, 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 Silicon Motion Technology (STU:S9M) Overvalued in 2026?

Based on GuruFocus' analysis, Silicon Motion Technology stock appears to be overvalued. The current stock price of €230.00 is trading 82.7% above its estimated GF Value™ of €125.86. GuruFocus considers Silicon Motion Technology to be Significantly Overvalued.

Key valuation signals for STU:S9M:

  • Cyclically Adjusted PB Ratio: 12.89 (180% above median its 10-year median of 4.60)
  • GF Value™: €125.86 vs. price of €230.00 (82.7% above fair value)
  • GF Score™: 74/100 with 7 warning signs
  • Industry Position: 284.8% above the Semiconductors median (#634 of 727)

No single metric tells the full story. See the STU:S9M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Silicon Motion Technology Business Description

Other Exchanges SIMO:USASIMO N:Mexico
Address Nos 19-25 Jervois Street, Flat C, 19th Floor, Wing Cheong Commercial Building, Hong Kong Island, Hong Kong, HKG
Silicon Motion Technology Corp is engaged in developing NAND flash controllers for SSDs and other solid-state storage devices. Its only operating segment is to develop NAND flash controllers and SSD solutions. The company derives revenue from product categories such as Mobile Storage, Mobile Communications, and others. Silicon's geographical segments are Taiwan, the United States, Korea, China, Singapore, Malaysia, and others. The company's products are used in Personal Computing, Smartphone/Tablet/CE, Flash Card/USB Flash Drive, Industrial and Embedded, Automotive, and Enterprise and Data centers.
74GF Score

Get the complete analysis for STU:S9M

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

€230.00
Price
€125.86
GF Value