BRQSF (Borqs Technologies) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

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Director of Data and Quant Analytics at GuruFocus
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What is Borqs Technologies Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Borqs Technologies  (OTCPK:BRQSF) 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.


Borqs Technologies Cyclically Adjusted PS Ratio Related Terms


Borqs Technologies Cyclically Adjusted PS Ratio Historical Data

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The historical data trend for Borqs Technologies'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.

Borqs Technologies Cyclically Adjusted PS Ratio Chart

Borqs Technologies Annual Data
Trend Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
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Borqs Technologies Semi-Annual Data
Jun18 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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BRQSF vs CETX, CSAI, SMKG: Cyclically Adjusted PS Ratio Comparison

For the Software - Infrastructure subindustry, Borqs Technologies'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.


Borqs Technologies Cyclically Adjusted PS Ratio vs Software Industry

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

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



Borqs Technologies 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.

Borqs Technologies's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Borqs Technologies's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.413/120.7036*120.7036
=0.413

Current CPI (Dec25) = 120.7036.

Borqs Technologies Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.000 101.686 0.000
201712 152.284 104.984 175.087
201812 65.856 107.622 73.861
201912 44.080 110.700 48.063
202012 9.615 109.711 10.578
202112 4.011 112.349 4.309
202212 2.289 114.548 2.412
202312 1.575 117.296 1.621
202412 0.910 118.945 0.923
202512 0.413 120.704 0.413

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.


Borqs Technologies Business Description

Address 7 Shing Yip Street, Office B, 21st Floor, Legend Tower, Kwun Tong, Kowloon, Hong Kong, HKG
Borqs Technologies Inc is focused on software, development services, and products providing customizable, differentiated, and scalable Android-based smart connected devices and cloud service solutions. The Company provides commercial-grade Android platform software for mobile chipset manufacturers, mobile device OEMs, and mobile operators, as well as complete product solutions of mobile connected devices for enterprise and consumer applications. It developed the reference Android software platform and hardware platform for Intel and Qualcomm phones and tablets. It provided Connected Solutions customers with customized, integrated, commercial-grade Android platform software and service solutions through the targeted BorqsWare software platform solutions.