GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Super Micro Computer Inc (NAS:SMCI) » Definitions » Cyclically Adjusted PS Ratio

SMCI (Super Micro Computer) Cyclically Adjusted PS Ratio : 4.00 (As of Jul. 03, 2025)


View and export this data going back to 2007. Start your Free Trial

What is Super Micro Computer Cyclically Adjusted PS Ratio?

As of today (2025-07-03), Super Micro Computer's current share price is $48.74. Super Micro Computer's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $12.20. Super Micro Computer's Cyclically Adjusted PS Ratio for today is 4.00.

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

SMCI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.84   Max: 13.62
Current: 3.87

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.

SMCI's Cyclically Adjusted PS Ratio is ranked worse than
80.83% of 1836 companies
in the Hardware industry
Industry Median: 1.18 vs SMCI: 3.87

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. 2025 was $7.398. 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 $12.20 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Super Micro Computer Cyclically Adjusted PS Ratio Historical Data

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.

* Premium members only.

Super Micro Computer Cyclically Adjusted PS Ratio Chart

Super Micro Computer Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.67 0.63 3.31 8.34

Super Micro Computer Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 11.16 8.34 3.90 2.67 2.81

Competitive Comparison of Super Micro Computer's Cyclically Adjusted PS Ratio

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's Cyclically Adjusted PS Ratio Distribution in the 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.


;
;

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
=48.74/12.20
=4.00

* 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. 2025 is calculated as:

For example, Super Micro Computer's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=7.398/134.9266*134.9266
=7.398

Current CPI (Mar. 2025) = 134.9266.

Super Micro Computer Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 1.134 100.684 1.520
201509 1.050 100.392 1.411
201512 1.245 99.792 1.683
201603 0.983 100.470 1.320
201606 1.013 101.688 1.344
201609 1.034 101.861 1.370
201612 1.287 101.863 1.705
201703 1.184 102.862 1.553
201706 1.305 103.349 1.704
201709 1.367 104.136 1.771
201712 1.676 104.011 2.174
201803 1.616 105.290 2.071
201806 1.876 106.317 2.381
201809 1.860 106.507 2.356
201812 1.833 105.998 2.333
201903 1.442 107.251 1.814
201906 1.637 108.070 2.044
201909 1.547 108.329 1.927
201912 1.675 108.420 2.085
202003 1.439 108.902 1.783
202006 1.655 108.767 2.053
202009 1.401 109.815 1.721
202012 1.550 109.897 1.903
202103 1.683 111.754 2.032
202106 2.025 114.631 2.384
202109 1.952 115.734 2.276
202112 2.191 117.630 2.513
202203 2.520 121.301 2.803
202206 3.014 125.017 3.253
202209 3.366 125.227 3.627
202212 3.212 125.222 3.461
202303 2.282 127.348 2.418
202306 3.867 128.729 4.053
202309 3.707 129.860 3.852
202312 6.310 129.419 6.579
202403 6.267 131.776 6.417
202406 8.342 132.554 8.491
202409 9.289 133.029 9.422
202412 8.927 133.157 9.046
202503 7.398 134.927 7.398

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.


Super Micro Computer  (NAS: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

Thank you for viewing the detailed overview of Super Micro Computer's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


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, Big Data, high-performance computing, and the "Internet of Things" embedded markets. Its solutions include server, storage, blade, and workstations to full racks, networking devices, and server management software. The firm follows a modular architectural approach, which provides flexibility to deliver customized solutions. The Company operates in one operating segment that develops and provides high-performance server solutions based upon an innovative, 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.
Executives
David E Weigand officer: SVP, CHIEF COMPLIANCE OFFICER 980 ROCK AVENUE, SAN JOSE CA 95131
Liu Liang Chiu-chu Sara director, 10 percent owner, officer: Senior VP and Treasurer 980 ROCK AVE, SAN JOSE CA 95131
Charles Liang director, 10 percent owner, officer: President and CEO SUPER MICRO COMPUTER, INC., 980 ROCK AVE, SAN JOSE CA 95131
George Kao officer: SVP, OPERATIONS 980 ROCK AVENUE, SAN JOSE CA 95131
Robert L Blair director 48401 FREMONT BLVD, FREMONT CA 94538
Daniel W Fairfax director 1421 MCCARTHY BLVD., MILPITAS CA 95035
Tally C Liu director 50 W SAN FERNANDO ST 15TH FLR, SAN JOSE CA 95113
Sherman Tuan director C/O ABOVENET COMMUNICATIONS INC, 50 W SAN FERNANDO STREET, SAN JOSE CA 95113
Don W Clegg officer: SVP, Worldwide Sales 980 ROCK AVENUE, SAN JOSE CA 95131
Shiu Leung Chan director 48401 FREMONT BLVD, FREMONT CA 94538
Judy L. Lin director 980 ROCK AVENUE, SAN JOSE CA 95131
Hwei-ming Fred Tsai director 980 ROCK AVE, SAN JOSE CA 95131
Kevin S Bauer officer: Chief Financial Officer 980 ROCK AVE., SAN JOSE CA 95131
Cheng-hsien Phidias Chou officer: VP Worldwide Sales 980 ROCK AVENUE, SAN JOSE CA 95131
Howard Hideshima officer: Chief Financial Officer 980 ROCK AVENUE, SAN JOSE CA 95131