Question 1

What is Super Micro Computer's P/B ratio?

Accepted Answer

Super Micro Computer (SMCI) P/B ratio is 3.7× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by book value of equity, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/B ratio calculated?

Accepted Answer

P/B = Market Capitalisation ÷ Book Value of Equity (most recent quarterly shareholders' equity), or equivalently Share Price ÷ Book Value Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/B ratio?

Accepted Answer

The price-to-book (P/B) ratio compares a company's market capitalisation to its book value of equity (total shareholders' equity) on the most recent quarterly balance sheet. It is calculated as market cap ÷ book value of equity (equivalent to share price ÷ book value per share). A P/B below 1× implies the market values the business below its accounting net worth; values well above 1× reflect intangible assets, brand value, or a high return on equity.

Question 4

What is a good P/B ratio for Super Micro Computer?

Accepted Answer

A "good" P/B depends on the business model. Banks, insurers, and other capital-heavy financials typically trade near 1×; asset-light technology and consumer-brand companies can sustainably trade at 5×+ because much of their value is intangible. P/B is most informative when paired with return on equity (ROE). For Super Micro Computer specifically, the relevant sector benchmark is the current sector median of 6.0×.

Question 5

Is Super Micro Computer's P/B ratio high or low?

Accepted Answer

Super Micro Computer's P/B ratio of 3.7× is below its own 5-year average of 4.0× and below the sector median of 6.0×. That places the current reading at the 53th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Super Micro Computer's historical P/B ratio range?

Accepted Answer

In the available daily series, Super Micro Computer (SMCI) P/B ratio has ranged from a low of 0.8× in 2018 to a high of 24.8× in 2024. The 5-year average is 4.0× and the 5-year median is 3.0×.

Question 7

What was Super Micro Computer's P/B ratio in 2025?

Accepted Answer

Super Micro Computer (SMCI) P/B ratio at the end of 2025 was 4.6×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month book value figure available at that date.

Question 8

Why does Super Micro Computer's P/B ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (book value). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$29.29B	$6.30B	4.6×	-4.2×	Jun 30, 2025
2024	$48.13B	$5.42B	8.9×	+2.2×	Jun 30, 2024
2023	$13.13B	$1.97B	6.7×	+5.2×	Jun 30, 2023
2022	$2.11B	$1.43B	1.5×	-0.1×	Jun 30, 2022
2021	$1.77B	$1.10B	1.6×	+0.2×	Jun 30, 2021
2020	$1.48B	$1.07B	1.4×	+0.4×	Jun 30, 2020
2019	$966.84M	$941.01M	1.0×	-0.4×	Jun 30, 2019
2018	$1.17B	$843.50M	1.4×	-0.1×	Jun 30, 2018
2017	$1.21B	$800.05M	1.5×	-0.2×	Jun 30, 2017
2016	$1.21B	$721.20M	1.7×	-0.6×	Jun 30, 2016
2015	$1.40B	$618.92M	2.3×	-0.2×	Jun 30, 2015
2014	$1.14B	$469.06M	2.4×	+1.2×	Jun 30, 2014
2013	$456.48M	$373.54M	1.2×	-0.7×	Jun 30, 2013
2012	$660.41M	$338.35M	2.0×	-0.2×	Jun 30, 2012
2011	$615.03M	$287.26M	2.1×	-0.0×	Jun 30, 2011
2010	$486.69M	$224.70M	2.2×	+0.7×	Jun 30, 2010
2009	$264.89M	$178.62M	1.5×	-0.1×	Jun 30, 2009
2008	$237.57M	$151.87M	1.6×	-0.8×	Jun 30, 2008
2007	$272.22M	$115.87M	2.3×	-1.7×	Jun 30, 2007
2006	$193.60M	$47.77M	4.1×	-2.5×	Jun 30, 2006
2005	$192.17M	$29.13M	6.6×	—	Jun 30, 2005


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P/B Ratio for Super Micro Computer (SMCI)

P/B Ratio daily chart for Super Micro Computer (SMCI)

Historical P/B Ratio for Super Micro Computer (SMCI) from 2005 to 2025

About P/B Ratio at Super Micro Computer (SMCI)

Super Micro Computer P/B Ratio by Year

Super Micro Computer P/B Ratio 2025: 4.6×

Super Micro Computer P/B Ratio 2024: 8.9×

Super Micro Computer P/B Ratio 2023: 6.7×

Super Micro Computer P/B Ratio 2022: 1.5×

Super Micro Computer P/B Ratio 2021: 1.6×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Super Micro Computer (SMCI) Key Financials

P/B Ratio daily chart for Super Micro Computer (SMCI)

Historical P/B Ratio for Super Micro Computer (SMCI) from 2005 to 2025

About P/B Ratio at Super Micro Computer (SMCI)

Super Micro Computer P/B Ratio by Year

Super Micro Computer P/B Ratio 2025: 4.6×

Super Micro Computer P/B Ratio 2024: 8.9×

Super Micro Computer P/B Ratio 2023: 6.7×

Super Micro Computer P/B Ratio 2022: 1.5×

Super Micro Computer P/B Ratio 2021: 1.6×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

+What is Super Micro Computer's P/B ratio?

+How is the P/B ratio calculated?

+What is the P/B ratio?

+What is a good P/B ratio for Super Micro Computer?

+Is Super Micro Computer's P/B ratio high or low?

+What is Super Micro Computer's historical P/B ratio range?

+What was Super Micro Computer's P/B ratio in 2025?

+Why does Super Micro Computer's P/B ratio change over time?

Super Micro Computer (SMCI) Key Financials