SMTC (Semtech) Cyclically Adjusted Revenue per Share: $12.48 (As of Apr. 2026)

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SMTC Semtech Corp SMTC
71 GF Score
Price $131.27
GF Value $38.87
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Semtech Cyclically Adjusted Revenue per Share?

Semtech SMTC -5.85% 71 Cyclically Adjusted Revenue per Share is $12.48 as of Apr. 2026. GuruFocus rates SMTC with a GF Score™ of 71/100 and a GF Value™ of $38.87 (Significantly Overvalued). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Semtech's adjusted revenue per share for the three months ended in Apr. 2026 was $2.969. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $12.48 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Semtech's average Cyclically Adjusted Revenue Growth Rate was 5.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 6.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Semtech was 16.70% per year. The lowest was 4.50% per year. And the median was 8.90% per year.

As of today (2026-08-10), Semtech's current stock price is $131.27. Semtech's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was $12.48. Semtech's Cyclically Adjusted PS Ratio of today is 10.52.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Semtech was 13.36. The lowest was 1.31. And the median was 5.24.


Semtech  (NAS:SMTC) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Semtech's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=131.27/12.48
=10.52

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Semtech was 13.36. The lowest was 1.31. And the median was 5.24.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Semtech Cyclically Adjusted Revenue per Share Related Terms


Semtech Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Semtech's Cyclically Adjusted Revenue per Share 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.

Semtech Cyclically Adjusted Revenue per Share Chart

Semtech Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.95 10.67 11.22 11.73 12.17

Semtech Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Cyclically Adjusted Revenue per Share 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 11.86 11.98 12.11 12.17 12.48

SMTC vs RMBS, SIMO, SWKS: Cyclically Adjusted Revenue per Share Comparison

For the Semiconductors subindustry, Semtech'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.


Semtech Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


SMTC
71GF Score
Semtech Corp SMTC
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Semtech Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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

Adj_RevenuePerShare= Revenue per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=2.969/333.0200*333.0200
=2.969

Current CPI (Apr. 2026) = 333.0200.

Semtech Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 2.062 240.628 2.854
201610 2.072 241.729 2.855
201701 2.098 242.839 2.877
201704 2.134 244.524 2.906
201707 2.270 244.786 3.088
201710 2.216 246.663 2.992
201801 2.075 247.867 2.788
201804 1.913 250.546 2.543
201807 2.369 252.006 3.131
201810 2.525 252.885 3.325
201901 2.343 251.712 3.100
201904 1.932 255.548 2.518
201907 2.024 256.571 2.627
201910 2.095 257.346 2.711
202001 2.066 257.971 2.667
202004 2.005 256.389 2.604
202007 2.177 259.101 2.798
202010 2.336 260.388 2.988
202101 2.492 261.582 3.173
202104 2.577 267.054 3.214
202107 2.821 273.003 3.441
202110 2.985 276.589 3.594
202201 2.920 281.148 3.459
202204 3.132 289.109 3.608
202207 3.271 296.276 3.677
202210 2.782 298.012 3.109
202301 2.620 299.170 2.916
202304 3.700 303.363 4.062
202307 3.724 305.691 4.057
202310 3.128 307.671 3.386
202401 2.998 308.417 3.237
202404 3.195 313.548 3.393
202407 3.299 314.540 3.493
202410 3.144 315.664 3.317
202501 3.089 317.671 3.238
202504 2.803 320.795 2.910
202507 2.971 323.048 3.063
202510 3.045 0.000
202601 2.961 325.252 3.032
202604 2.969 333.020 2.969

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of $12.48 mean?
Semtech (SMTC) has a Cyclically Adjusted Revenue per Share of $12.48 as of Apr. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Semtech and its competitors.
Is Semtech's Cyclically Adjusted Revenue per Share too high?
Semtech's current Cyclically Adjusted Revenue per Share is $12.48. Overall, Semtech has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Semtech's Cyclically Adjusted Revenue per Share compare to RMBS and SIMO?
Semtech's Cyclically Adjusted Revenue per Share of $12.48 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Semiconductors company?
A good Cyclically Adjusted Revenue per Share depends on the Semiconductors industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Semtech and its competitors. Semtech's current Cyclically Adjusted Revenue per Share is $12.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Semtech stock overvalued right now?
Based on GuruFocus' analysis, Semtech (SMTC) is currently considered Significantly Overvalued. The stock's GF Value™ is $38.87, compared to a current price of $131.27 — trading 237.7% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $12.48. Semtech's overall GF Score™ is 71/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Semtech (SMTC), the current Cyclically Adjusted Revenue per Share is $12.48 as of Apr. 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 Semtech (SMTC) Overvalued in 2026?

Based on GuruFocus' analysis, Semtech stock appears to be overvalued. The current stock price of $131.27 is trading 237.7% above its estimated GF Value™ of $38.87. GuruFocus considers Semtech to be Significantly Overvalued.

Key valuation signals for SMTC:

  • Cyclically Adjusted Revenue per Share: $12.48
  • GF Value™: $38.87 vs. price of $131.27 (237.7% above fair value)
  • GF Score™: 71/100 with 5 warning signs

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


Semtech Business Description

Address 200 Flynn Road, Camarillo, CA, USA, 93012-8790
Semtech Corp is a provider of high-performance semiconductors powering data center networking, Internet of Things ("IoT") connectivity, and cellular infrastructure solutions. The company designs, develops, manufactures, and markets a diverse portfolio of products for commercial applications, addressing the infrastructure, high-end consumer, and industrial end markets. The company operates in four reportable segments: Signal Integrity, Analog Mixed Signal and Wireless, IoT Systems, and Connected Services. The majority of the company's revenue is earned through the Analog Mixed Signal and Wireless segment. Geographically, the majority of the company's revenue is earned from the Asia Pacific region; the company also operates in North America and Europe.
71GF Score

Get the complete analysis for SMTC

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

$131.27
Price
$38.87
GF Value