Disco (BKK:DISCO24) Cyclically Adjusted PS Ratio: (As of Aug. 23, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:DISCO24 Disco Corp BKK:DISCO24
55 GF Score
Price ฿0.87
GF Value ฿0.82
Valuation Fairly Valued
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What is Disco Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Disco  (BKK:DISCO24) 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.


Disco Cyclically Adjusted PS Ratio Related Terms


Disco Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Disco'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.

Disco Cyclically Adjusted PS Ratio Chart

Disco Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.16 9.46 31.13 14.01 25.19

Disco Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 19.45 20.59 20.49 25.19 0.00

BKK:DISCO24 vs AMAT, LRCX, KLAC: Cyclically Adjusted PS Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, Disco'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.


Disco Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


BKK:DISCO24
55GF Score
Disco Corp BKK:DISCO24
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Disco 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.

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

For example, Disco'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)
=248.712/112.7000*112.7000
=248.712

Current CPI (Mar. 2026) = 112.7000.

Disco Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 97.027 98.100 111.467
201609 107.284 98.000 123.377
201612 86.167 98.400 98.689
201703 110.622 98.100 127.086
201706 125.740 98.500 143.867
201709 116.362 98.800 132.733
201712 107.802 99.400 122.226
201803 109.839 99.200 124.787
201806 109.924 99.200 124.883
201809 107.174 99.900 120.906
201812 91.502 99.700 103.433
201903 87.461 99.700 98.865
201906 87.019 99.800 98.267
201909 92.043 100.100 103.629
201912 87.918 100.500 98.591
202003 106.726 100.300 119.920
202006 95.176 99.900 107.371
202009 130.290 99.900 146.984
202012 118.547 99.300 134.544
202103 144.146 99.900 162.615
202106 126.985 99.500 143.831
202109 187.530 100.100 211.135
202112 174.220 100.100 196.150
202203 189.735 101.100 211.505
202206 143.416 101.800 158.772
202209 189.381 103.100 207.015
202212 156.169 104.100 169.071
202303 187.484 104.400 202.389
202306 122.612 105.200 131.353
202309 161.380 106.200 171.257
202312 172.014 106.800 181.517
202403 229.942 107.200 241.739
202406 177.701 108.200 185.092
202409 205.832 108.900 213.014
202412 191.643 110.700 195.105
202503 251.484 111.100 255.106
202506 186.450 111.700 188.119
202509 207.943 112.000 209.243
202512 204.135 113.000 203.593
202603 248.712 112.700 248.712

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.

Is Disco (BKK:DISCO24) Overvalued in 2026?

Based on GuruFocus' analysis, Disco stock appears to be overvalued. The current stock price of ฿0.87 is trading 6.1% above its estimated GF Value™ of ฿0.82. GuruFocus considers Disco to be Fairly Valued.

Key valuation signals for BKK:DISCO24:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ฿0.82 vs. price of ฿0.87 (6.1% above fair value)
  • GF Score™: 55/100

No single metric tells the full story. See the BKK:DISCO24 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Disco Business Description

Address 2-13-11 Omorikita, Ota-ku, Tokyo, JPN, 143-8580
Disco is a Japan-based semiconductor production equipment manufacturer. Founded in 1937, the company manufactures diamond, water, and laser saws, as well as grinders and polishers, used mainly in back-end processes of semiconductor manufacturing, which involves treating processed silicon during the front-end process by thinning and dicing the wafers into bare dies for packaging.It is the world's largest manufacturer of semiconductor-grade saws and grinders, with an estimated 60%-70% market share in the semiconductor dicing and grinding industry as of 2025. The company operates three main factories, all located in Hiroshima and Nagano, Japan.
55GF Score

Get the complete analysis for BKK:DISCO24

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

฿0.87
Price
฿0.82
GF Value