GigaDevice Semiconductor (BKK:GIGA80) Cyclically Adjusted PS Ratio: (As of Sep. 16, 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:GIGA80 GigaDevice Semiconductor Inc BKK:GIGA80
71 GF Score
Price ฿18.50
GF Value ฿15.31
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is GigaDevice Semiconductor 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


GigaDevice Semiconductor  (BKK:GIGA80) 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.


GigaDevice Semiconductor Cyclically Adjusted PS Ratio Related Terms


GigaDevice Semiconductor Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for GigaDevice Semiconductor'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.

GigaDevice Semiconductor Cyclically Adjusted PS Ratio Chart

GigaDevice Semiconductor Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 13.38 14.59 25.42

GigaDevice Semiconductor 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 16.20 26.16 25.42 26.44 82.37

BKK:GIGA80 vs NVDA, AVGO, MU: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, GigaDevice Semiconductor'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.


GigaDevice Semiconductor Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


BKK:GIGA80
71GF Score
GigaDevice Semiconductor Inc BKK:GIGA80
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GigaDevice Semiconductor 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.

GigaDevice Semiconductor's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=48.847/333.9520*333.9520
=48.847

Current CPI (Jun. 2026) = 333.9520.

GigaDevice Semiconductor Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 4.501 241.428 6.226
201612 4.164 241.432 5.760
201703 4.171 243.801 5.713
201706 4.412 244.955 6.015
201709 5.303 246.819 7.175
201712 4.527 246.524 6.132
201803 4.834 249.554 6.469
201806 5.107 251.989 6.768
201809 5.295 252.439 7.005
201812 4.460 251.233 5.928
201903 3.787 254.202 4.975
201906 5.942 256.143 7.747
201909 7.267 256.759 9.452
201912 6.856 256.974 8.910
202003 5.864 258.115 7.587
202006 5.969 257.797 7.732
202009 10.629 260.280 13.638
202012 9.117 260.474 11.689
202103 11.582 264.877 14.602
202106 14.978 271.696 18.410
202109 20.723 274.310 25.229
202112 17.337 278.802 20.766
202203 17.540 287.504 20.374
202206 20.093 296.311 22.645
202209 15.798 296.808 17.775
202212 10.203 296.797 11.480
202303 10.281 301.836 11.375
202306 11.908 305.109 13.034
202309 10.270 307.789 11.143
202312 9.785 306.746 10.653
202403 12.297 312.332 13.148
202406 15.079 314.175 16.028
202409 14.283 315.301 15.128
202412 11.846 315.605 12.535
202503 13.268 319.799 13.855
202506 15.585 322.561 16.135
202509 17.938 324.800 18.443
202512 15.716 324.054 16.196
202603 29.248 330.213 29.579
202606 48.847 333.952 48.847

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 GigaDevice Semiconductor (BKK:GIGA80) Overvalued in 2026?

Based on GuruFocus' analysis, GigaDevice Semiconductor stock appears to be overvalued. The current stock price of ฿18.50 is trading 20.8% above its estimated GF Value™ of ฿15.31. GuruFocus considers GigaDevice Semiconductor to be Modestly Overvalued.

Key valuation signals for BKK:GIGA80:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ฿15.31 vs. price of ฿18.50 (20.8% above fair value)
  • GF Score™: 71/100 with 4 warning signs

No single metric tells the full story. See the BKK:GIGA80 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GigaDevice Semiconductor Business Description

Other Exchanges 03986:Hong Kong603986:China
Address No. 9, Fenghao East Road, Building 8, Zhongguancun Integrated Circuit Design Park, Haidian District, Beijing, CHN, 100094
GigaDevice Semiconductor Inc is engaged in the domestic storage and Internet of Things (IoT) chip industry. Its product portfolio comprises of flash memories and microcontrollers. Some of its products are SPI NOR flash, SPI NAND flash, and ARM Cortex-M3, among others. The products are for use in embedded, consumer, and mobile communications applications.
71GF Score

Get the complete analysis for BKK:GIGA80

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

฿18.50
Price
฿15.31
GF Value