STMicroelectronics NV (MIL:STMMI) Cyclically Adjusted PS Ratio: 4.96 (As of Jul. 16, 2026) — 78% Above Median

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MIL:STMMI STMicroelectronics NV MIL:STMMI
70 GF Score
Price €58.88
GF Value €26.88
Valuation Significantly Overvalued
! 6 Warning Signs
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What is STMicroelectronics NV Cyclically Adjusted PS Ratio?

STMicroelectronics NV MIL:STMMI -3.99% 70 Cyclically Adjusted PS Ratio is 4.96 as of Jul. 16, 2026, which is 78% above its 10-year median of 2.79. GuruFocus rates MIL:STMMI with a GF Score™ of 70/100 and a GF Value™ of €26.88 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 732 Semiconductors companies, STMicroelectronics NV ranks worse than 59.56% on this metric.

As of today (2026-07-16), STMicroelectronics NV's current share price is €58.88. STMicroelectronics NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €11.86. STMicroelectronics NV's Cyclically Adjusted PS Ratio for today is 4.96.

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

MIL:STMMI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.78   Med: 2.79   Max: 5.73
Current: 4.97

During the past years, STMicroelectronics NV's highest Cyclically Adjusted PS Ratio was 5.73. The lowest was 0.78. And the median was 2.79.

MIL:STMMI's Cyclically Adjusted PS Ratio is ranked worse than
59.56% of 732 companies
in the Semiconductors industry
Industry Median: 3.265 vs MIL:STMMI: 4.97

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

STMicroelectronics NV's adjusted revenue per share data for the three months ended in Mar. 2026 was €2.927. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €11.86 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


STMicroelectronics NV  (MIL:STMMI) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


STMicroelectronics NV Cyclically Adjusted PS Ratio Related Terms


STMicroelectronics NV Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for STMicroelectronics NV's Cyclically Adjusted PS 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 PS Ratio Chart

STMicroelectronics NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.20 3.49 4.27 2.15 1.93

STMicroelectronics NV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS 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 1.75 2.25 2.06 1.93 2.41

MIL:STMMI vs NVDA, AVGO, MU: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, STMicroelectronics NV's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 PS Ratio vs Semiconductors Industry

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

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


MIL:STMMI
70GF Score
STMicroelectronics NV MIL:STMMI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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STMicroelectronics NV Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=58.88/11.86
=4.96

* 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 Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2.927/108.0600*108.0600
=2.927

Current CPI (Mar. 2026) = 108.0600.

STMicroelectronics NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.712 100.088 1.848
201609 1.806 99.604 1.959
201612 1.984 99.380 2.157
201703 1.748 100.040 1.888
201706 1.927 100.285 2.076
201709 1.989 100.254 2.144
201712 2.290 100.213 2.469
201803 1.974 100.836 2.115
201806 2.121 101.435 2.260
201809 2.380 101.246 2.540
201812 2.571 100.906 2.753
201903 2.035 101.571 2.165
201906 2.133 102.044 2.259
201909 2.575 101.396 2.744
201912 2.724 101.063 2.913
202003 2.202 101.048 2.355
202006 2.034 100.743 2.182
202009 2.456 100.585 2.639
202012 2.860 100.241 3.083
202103 2.720 100.800 2.916
202106 2.678 101.352 2.855
202109 2.945 101.533 3.134
202112 3.429 101.776 3.641
202203 3.395 103.205 3.555
202206 3.843 104.783 3.963
202209 4.616 104.835 4.758
202212 4.423 104.666 4.566
202303 4.195 106.245 4.267
202306 4.228 106.576 4.287
202309 4.399 106.570 4.461
202312 4.165 106.461 4.228
202403 3.383 107.355 3.405
202406 3.190 107.991 3.192
202409 3.121 107.468 3.138
202412 3.386 107.128 3.415
202503 2.494 107.722 2.502
202506 2.683 108.075 2.683
202509 2.955 107.710 2.965
202512 3.130 107.200 3.155
202603 2.927 108.060 2.927

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 4.96 mean?
STMicroelectronics NV (MIL:STMMI) has a Cyclically Adjusted PS Ratio of 4.96 as of Jul. 16, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on STMicroelectronics NV and its competitors. This is 78% above median its historical median of 2.79. Over the past decade, STMicroelectronics NV's Cyclically Adjusted PS Ratio has ranged from 0.78 to 5.73. According to the industry distribution chart, STMicroelectronics NV ranks #436 out of 732 companies in the Semiconductors industry, placing it in the top 59.6%.
Is STMicroelectronics NV's Cyclically Adjusted PS Ratio too high?
STMicroelectronics NV's current Cyclically Adjusted PS Ratio of 4.96 is 78% above median its 10-year median of 2.79. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 5.73. The Semiconductors industry median Cyclically Adjusted PS Ratio is 3.27. STMicroelectronics NV's value of 4.96 is 51.9% above this industry median. Based on the distribution chart, STMicroelectronics NV ranks #436 out of 732 companies in the Semiconductors industry, which is below the industry midpoint. Overall, STMicroelectronics NV has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does STMicroelectronics NV's Cyclically Adjusted PS Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, STMicroelectronics NV ranks #436 out of 732 companies for Cyclically Adjusted PS Ratio. This places STMicroelectronics NV in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.27. STMicroelectronics NV's value of 4.96 is 51.9% above this benchmark. Historically, STMicroelectronics NV's own Cyclically Adjusted PS Ratio has ranged from 0.78 to 5.73 over the past decade. While the company's 10-year median is 2.79 vs. the industry median of 3.27, 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 PS Ratio for a Semiconductors company?
The median Cyclically Adjusted PS Ratio among Semiconductors companies is 3.27, based on 732 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. STMicroelectronics NV's current Cyclically Adjusted PS Ratio of 4.96 is 51.9% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on STMicroelectronics NV and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 3.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. STMicroelectronics NV's current Cyclically Adjusted PS Ratio is 4.96, which is 78% above median its own 10-year median of 2.79. 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 (MIL:STMMI) is currently considered Significantly Overvalued. The stock's GF Value™ is €26.88, compared to a current price of €58.88 — trading 119% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.96, which is 78% above median its 10-year median of 2.79 and 51.9% above the Semiconductors industry median of 3.27. STMicroelectronics NV's overall GF Score™ is 70/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For STMicroelectronics NV (MIL:STMMI), the current Cyclically Adjusted PS Ratio is 4.96 as of Jul. 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 STMicroelectronics NV (MIL:STMMI) Overvalued in 2026?

Based on GuruFocus' analysis, STMicroelectronics NV stock appears to be overvalued. The current stock price of €58.88 is trading 119% above its estimated GF Value™ of €26.88. GuruFocus considers STMicroelectronics NV to be Significantly Overvalued.

Key valuation signals for MIL:STMMI:

  • Cyclically Adjusted PS Ratio: 4.96 (78% above median its 10-year median of 2.79)
  • GF Value™: €26.88 vs. price of €58.88 (119% above fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 51.9% above the Semiconductors median (#436 of 732)

No single metric tells the full story. See the MIL:STMMI 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.
70GF Score

Get the complete analysis for MIL:STMMI

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

€58.88
Price
€26.88
GF Value