The present invention relates to a laminated ceramic composition which has a high dielectric constant and a low decrease rate of dielectric constant at DC bias, which can be used for bypass of computer module IC. The present invention provides a ceramic condenser composition which comprises BaTiO.sub.3, TiO.sub.2, CeO.sub.2 and Sm.sub.2 O.sub.3 by the molar ratio to satisfy the equation of (1-X-Y)BaTiO.sub.3 -X(CeO.sub.2)-Y(Sm.sub.2 O.sub.3)-(1.5X+3Y)TiO.sub.2 (wherein, 0.01<X+Y<0.05 and 0.015<1.5X+3Y<0.15). The composition has an excellent dielectric characteristics, since it has a high dielectric constant of 7000 or more at a temperature range of 50.degree. to 70.degree. C. which permits normal operations of IC, and a decrease rate of dielectric constant of below 10% at DC bias of 1 V/.mu.m. Accordingly, the ceramic composition of the invention can be applied for the development of a laminated ceramic condenser for bypass of computer module IC.