STMEF (STMicroelectronics NV) Cyclically Adjusted PS Ratio: (As of Jul. 23, 2026)

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.
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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.

STMEF STMicroelectronics NV STMEF
72 GF Score
Price $53.74
GF Value $29.09
Valuation Significantly Overvalued
! 5 Warning Signs
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What is STMicroelectronics NV Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


STMicroelectronics NV  (OTCPK:STMEF) 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
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.25 2.06 1.93 2.41 0.00

STMEF 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.


STMEF
72GF Score
STMicroelectronics NV STMEF
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 Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3.758/108.5400*108.5400
=3.758

Current CPI (Jun. 2026) = 108.5400.

STMicroelectronics NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.027 99.604 2.209
201612 2.092 99.380 2.285
201703 1.870 100.040 2.029
201706 2.165 100.285 2.343
201709 2.371 100.254 2.567
201712 2.710 100.213 2.935
201803 2.434 100.836 2.620
201806 2.478 101.435 2.652
201809 2.777 101.246 2.977
201812 2.924 100.906 3.145
201903 2.299 101.571 2.457
201906 2.410 102.044 2.563
201909 2.836 101.396 3.036
201912 3.027 101.063 3.251
202003 2.434 101.048 2.614
202006 2.291 100.743 2.468
202009 2.893 100.585 3.122
202012 3.479 100.241 3.767
202103 3.238 100.800 3.487
202106 3.226 101.352 3.455
202109 3.464 101.533 3.703
202112 3.875 101.776 4.133
202203 3.739 103.205 3.932
202206 4.063 104.783 4.209
202209 4.570 104.835 4.732
202212 4.685 104.666 4.858
202303 4.491 106.245 4.588
202306 4.580 106.576 4.664
202309 4.695 106.570 4.782
202312 4.542 106.461 4.631
202403 3.677 107.355 3.718
202406 3.434 107.991 3.451
202409 3.464 107.468 3.499
202412 3.546 107.128 3.593
202503 2.696 107.722 2.716
202506 3.094 108.075 3.107
202509 3.468 107.710 3.495
202512 3.665 107.200 3.711
202603 3.384 108.060 3.399
202606 3.758 108.540 3.758

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.

Is STMicroelectronics NV (STMEF) Overvalued in 2026?

Based on GuruFocus' analysis, STMicroelectronics NV stock appears to be overvalued. The current stock price of $53.74 is trading 84.7% above its estimated GF Value™ of $29.09. GuruFocus considers STMicroelectronics NV to be Significantly Overvalued.

Key valuation signals for STMEF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $29.09 vs. price of $53.74 (84.7% above fair value)
  • GF Score™: 72/100 with 5 warning signs

No single metric tells the full story. See the STMEF 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.
72GF Score

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

$53.74
Price
$29.09
GF Value