Super Micro Computer (XSWX:SMCI) Cyclically Adjusted PS Ratio: 1.73 (As of Jul. 15, 2026) — 106% Above Median

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XSWX:SMCI Super Micro Computer Inc XSWX:SMCI
61 GF Score
Price CHF22.57
GF Value CHF72.20
Valuation Possible Value Trap
! 5 Warning Signs
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What is Super Micro Computer Cyclically Adjusted PS Ratio?

Super Micro Computer XSWX:SMCI -0.66% 61 Cyclically Adjusted PS Ratio is 1.73 as of Jul. 15, 2026, which is 106% above its 10-year median of 0.84. GuruFocus rates XSWX:SMCI with a GF Score™ of 61/100 and a GF Value™ of CHF72.20 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,975 Hardware companies, Super Micro Computer ranks worse than 53.37% on this metric.

As of today (2026-07-15), Super Micro Computer's current share price is CHF22.565. Super Micro Computer's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was CHF13.04. Super Micro Computer's Cyclically Adjusted PS Ratio for today is 1.73.

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

XSWX:SMCI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.84   Max: 13.62
Current: 1.62

During the past years, Super Micro Computer's highest Cyclically Adjusted PS Ratio was 13.62. The lowest was 0.33. And the median was 0.84.

XSWX:SMCI's Cyclically Adjusted PS Ratio is ranked worse than
53.37% of 1975 companies
in the Hardware industry
Industry Median: 1.44 vs XSWX:SMCI: 1.62

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.

Super Micro Computer's adjusted revenue per share data for the three months ended in Mar. 2026 was CHF11.650. 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 CHF13.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Super Micro Computer  (XSWX:SMCI) 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.


Super Micro Computer Cyclically Adjusted PS Ratio Related Terms


Super Micro Computer Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Super Micro Computer'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.

Super Micro Computer Cyclically Adjusted PS Ratio Chart

Super Micro Computer Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.63 3.31 8.34 3.75

Super Micro Computer 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 2.81 3.75 3.48 1.90 1.34

XSWX:SMCI vs HPQ, IONQ, P: Cyclically Adjusted PS Ratio Comparison

For the Computer Hardware subindustry, Super Micro Computer'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.


Super Micro Computer Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Super Micro Computer's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Super Micro Computer's Cyclically Adjusted PS Ratio falls into.


XSWX:SMCI
61GF Score
Super Micro Computer Inc XSWX:SMCI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Super Micro Computer 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.

Super Micro Computer's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.565/13.04
=1.73

* 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.

Super Micro Computer's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Super Micro Computer'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)
=11.65/330.2130*330.2130
=11.650

Current CPI (Mar. 2026) = 330.2130.

Super Micro Computer Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.982 241.018 1.345
201609 1.007 241.428 1.377
201612 1.312 241.432 1.794
201703 1.186 243.801 1.606
201706 1.263 244.955 1.703
201709 1.315 246.819 1.759
201712 1.654 246.524 2.215
201803 1.532 249.554 2.027
201806 1.857 251.989 2.433
201809 1.801 252.439 2.356
201812 1.818 251.233 2.390
201903 1.443 254.202 1.874
201906 1.617 256.143 2.085
201909 1.532 256.759 1.970
201912 1.645 256.974 2.114
202003 1.380 258.115 1.765
202006 1.574 257.797 2.016
202009 1.281 260.280 1.625
202012 1.377 260.474 1.746
202103 1.565 264.877 1.951
202106 1.838 271.696 2.234
202109 1.801 274.310 2.168
202112 2.018 278.802 2.390
202203 2.342 287.504 2.690
202206 2.924 296.311 3.259
202209 3.277 296.808 3.646
202212 2.992 296.797 3.329
202303 2.112 301.836 2.311
202306 3.482 305.109 3.768
202309 3.335 307.789 3.578
202312 5.457 306.746 5.874
202403 5.569 312.332 5.888
202406 7.456 314.175 7.837
202409 7.870 315.301 8.242
202412 7.959 315.605 8.327
202503 6.537 319.799 6.750
202506 7.340 322.561 7.514
202509 6.023 324.800 6.123
202512 14.563 324.054 14.840
202603 11.650 330.213 11.650

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 1.73 mean?
Super Micro Computer (XSWX:SMCI) has a Cyclically Adjusted PS Ratio of 1.73 as of Jul. 15, 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 Super Micro Computer and its competitors. This is 106% above median its historical median of 0.84. Over the past decade, Super Micro Computer's Cyclically Adjusted PS Ratio has ranged from 0.33 to 13.62. According to the industry distribution chart, Super Micro Computer ranks #1054 out of 1975 companies in the Hardware industry, placing it in the top 53.4%.
Is Super Micro Computer's Cyclically Adjusted PS Ratio too high?
Super Micro Computer's current Cyclically Adjusted PS Ratio of 1.73 is 106% above median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 13.62. The Hardware industry median Cyclically Adjusted PS Ratio is 1.44. Super Micro Computer's value of 1.73 is 20.1% above this industry median. Based on the distribution chart, Super Micro Computer ranks #1054 out of 1975 companies in the Hardware industry, which is below the industry midpoint. Overall, Super Micro Computer has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Super Micro Computer's Cyclically Adjusted PS Ratio compare to HPQ and IONQ?
According to the Hardware industry distribution chart, Super Micro Computer ranks #1054 out of 1975 companies for Cyclically Adjusted PS Ratio. This places Super Micro Computer in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.44. Super Micro Computer's value of 1.73 is 20.1% above this benchmark. Historically, Super Micro Computer's own Cyclically Adjusted PS Ratio has ranged from 0.33 to 13.62 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 1.44, Super Micro Computer 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.44, based on 1,975 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. Super Micro Computer's current Cyclically Adjusted PS Ratio of 1.73 is 20.1% 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 Super Micro Computer and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Super Micro Computer's current Cyclically Adjusted PS Ratio is 1.73, which is 106% above median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Super Micro Computer stock overvalued right now?
Based on GuruFocus' analysis, Super Micro Computer (XSWX:SMCI) is currently considered Possible Value Trap. The stock's GF Value™ is CHF72.20, compared to a current price of CHF22.57 — trading 68.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.73, which is 106% above median its 10-year median of 0.84 and 20.1% above the Hardware industry median of 1.44. Super Micro Computer's overall GF Score™ is 61/100 with 5 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 Super Micro Computer (XSWX:SMCI), the current Cyclically Adjusted PS Ratio is 1.73 as of Jul. 15, 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 Super Micro Computer (XSWX:SMCI) Overvalued in 2026?

Based on GuruFocus' analysis, Super Micro Computer stock appears to be undervalued. The current stock price of CHF22.57 is trading 68.7% below its estimated GF Value™ of CHF72.20. GuruFocus considers Super Micro Computer to be Possible Value Trap.

Key valuation signals for XSWX:SMCI:

  • Cyclically Adjusted PS Ratio: 1.73 (106% above median its 10-year median of 0.84)
  • GF Value™: CHF72.20 vs. price of CHF22.57 (68.7% below fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 20.1% above the Hardware median (#1054 of 1975)

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


Super Micro Computer Business Description

Address 980 Rock Avenue, San Jose, CA, USA, 95131
Super Micro Computer Inc provides high-performance server technology services to cloud computing, data centers, high-performance computing, and the Internet of Things embedded markets. Its solutions include servers, storage systems, modular blade servers, workstations, full-rack scale solutions, networking devices, server sub-systems, and server management. These turn-key solutions are designed, developed, validated, and installed for AI datacenters. The company has one operating segment that develops and provides high-performance server solutions based upon a, modular and open-standard architecture. More than half of the firm's revenue is generated in the United States, with the rest coming from Europe, Asia, and other regions.
61GF Score

Get the complete analysis for XSWX:SMCI

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

CHF22.57
Price
CHF72.20
GF Value