Texas Instruments (BSP:TEXA34) Cyclically Adjusted PS Ratio: 12.98 (As of Aug. 01, 2026) — 40% Above Median

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BSP:TEXA34 Texas Instruments Inc BSP:TEXA34
75 GF Score
Price R$93.97
GF Value R$77.40
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Texas Instruments Cyclically Adjusted PS Ratio?

Texas Instruments BSP:TEXA34 -1.08% 75 Cyclically Adjusted PS Ratio is 12.98 as of Aug. 01, 2026, which is 40% above its 10-year median of 9.25. GuruFocus rates BSP:TEXA34 with a GF Score™ of 75/100 and a GF Value™ of R$77.40 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 732 Semiconductors companies, Texas Instruments ranks worse than 83.61% on this metric.

As of today (2026-08-01), Texas Instruments's current share price is R$93.97. Texas Instruments's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was R$7.24. Texas Instruments's Cyclically Adjusted PS Ratio for today is 12.98.

The historical rank and industry rank for Texas Instruments's Cyclically Adjusted PS Ratio or its related term are showing as below:

BSP:TEXA34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.75   Med: 9.25   Max: 15.7
Current: 13.17

During the past years, Texas Instruments's highest Cyclically Adjusted PS Ratio was 15.70. The lowest was 5.75. And the median was 9.25.

BSP:TEXA34's Cyclically Adjusted PS Ratio is ranked worse than
83.61% of 732 companies
in the Semiconductors industry
Industry Median: 2.855 vs BSP:TEXA34: 13.17

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Texas Instruments's adjusted revenue per share data for the three months ended in Jun. 2026 was R$2.028. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is R$7.24 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Texas Instruments  (BSP:TEXA34) 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.


Texas Instruments Cyclically Adjusted PS Ratio Related Terms


Texas Instruments Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Texas Instruments'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.

Texas Instruments Cyclically Adjusted PS Ratio Chart

Texas Instruments 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 11.90 9.39 9.13 9.71 8.65

Texas Instruments 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 10.46 9.17 8.65 9.44 14.23

BSP:TEXA34 vs ADI, QCOM, MRVL: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, Texas Instruments'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.


Texas Instruments Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


BSP:TEXA34
75GF Score
Texas Instruments Inc BSP:TEXA34
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Texas Instruments 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.

Texas Instruments's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=93.97/7.24
=12.98

* 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.

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

For example, Texas Instruments'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)
=2.028/333.9520*333.9520
=2.028

Current CPI (Jun. 2026) = 333.9520.

Texas Instruments Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.779 241.428 1.078
201612 0.750 241.432 1.037
201703 0.696 243.801 0.953
201706 0.799 244.955 1.089
201709 0.853 246.819 1.154
201712 0.819 246.524 1.109
201803 0.824 249.554 1.103
201806 1.013 251.989 1.342
201809 1.180 252.439 1.561
201812 0.993 251.233 1.320
201903 0.963 254.202 1.265
201906 0.989 256.143 1.289
201909 1.090 256.759 1.418
201912 0.966 256.974 1.255
202003 1.150 258.115 1.488
202006 1.209 257.797 1.566
202009 1.479 260.280 1.898
202012 1.498 260.474 1.921
202103 1.723 264.877 2.172
202106 1.639 271.696 2.015
202109 1.746 274.310 2.126
202112 1.946 278.802 2.331
202203 1.742 287.504 2.023
202206 1.886 296.311 2.126
202209 1.985 296.808 2.233
202212 1.781 296.797 2.004
202303 1.660 301.836 1.837
202306 1.601 305.109 1.752
202309 1.629 307.789 1.767
202312 1.454 306.746 1.583
202403 1.325 312.332 1.417
202406 1.493 314.175 1.587
202409 1.666 315.301 1.765
202412 1.773 315.605 1.876
202503 1.705 319.799 1.780
202506 1.803 322.561 1.867
202509 1.855 324.800 1.907
202512 1.768 324.054 1.822
202603 1.840 330.213 1.861
202606 2.028 333.952 2.028

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.

What does a Cyclically Adjusted PS Ratio of 12.98 mean?
Texas Instruments (BSP:TEXA34) has a Cyclically Adjusted PS Ratio of 12.98 as of Aug. 01, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Texas Instruments and its competitors. This is 40% above median its historical median of 9.25. Over the past decade, Texas Instruments' Cyclically Adjusted PS Ratio has ranged from 5.75 to 15.70. According to the industry distribution chart, Texas Instruments ranks #612 out of 732 companies in the Semiconductors industry, placing it in the top 83.6%.
Is Texas Instruments' Cyclically Adjusted PS Ratio too high?
Texas Instruments' current Cyclically Adjusted PS Ratio of 12.98 is 40% above median its 10-year median of 9.25. Over the past 10 years, this metric has ranged from a low of 5.75 to a high of 15.70. The Semiconductors industry median Cyclically Adjusted PS Ratio is 2.86. Texas Instruments' value of 12.98 is 354.6% above this industry median. Based on the distribution chart, Texas Instruments ranks #612 out of 732 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Texas Instruments has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Texas Instruments' Cyclically Adjusted PS Ratio compare to ADI and QCOM?
According to the Semiconductors industry distribution chart, Texas Instruments ranks #612 out of 732 companies for Cyclically Adjusted PS Ratio. This places Texas Instruments in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.86. Texas Instruments' value of 12.98 is 354.6% above this benchmark. Historically, Texas Instruments' own Cyclically Adjusted PS Ratio has ranged from 5.75 to 15.70 over the past decade. While the company's 10-year median is 9.25 vs. the industry median of 2.86, Texas Instruments has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Semiconductors company?
The median Cyclically Adjusted PS Ratio among Semiconductors companies is 2.86, based on 732 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Texas Instruments's current Cyclically Adjusted PS Ratio of 12.98 is 354.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Texas Instruments and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 2.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Texas Instruments's current Cyclically Adjusted PS Ratio is 12.98, which is 40% above median its own 10-year median of 9.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Texas Instruments stock overvalued right now?
Based on GuruFocus' analysis, Texas Instruments (BSP:TEXA34) is currently considered Modestly Overvalued. The stock's GF Value™ is R$77.40, compared to a current price of R$93.97 — trading 21.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 12.98, which is 40% above median its 10-year median of 9.25 and 354.6% above the Semiconductors industry median of 2.86. Texas Instruments' overall GF Score™ is 75/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Texas Instruments (BSP:TEXA34), the current Cyclically Adjusted PS Ratio is 12.98 as of Aug. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Texas Instruments (BSP:TEXA34) Overvalued in 2026?

Based on GuruFocus' analysis, Texas Instruments stock appears to be overvalued. The current stock price of R$93.97 is trading 21.4% above its estimated GF Value™ of R$77.40. GuruFocus considers Texas Instruments to be Modestly Overvalued.

Key valuation signals for BSP:TEXA34:

  • Cyclically Adjusted PS Ratio: 12.98 (40% above median its 10-year median of 9.25)
  • GF Value™: R$77.40 vs. price of R$93.97 (21.4% above fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 354.6% above the Semiconductors median (#612 of 732)

No single metric tells the full story. See the BSP:TEXA34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Texas Instruments Business Description

Address 12500 TI Boulevard, Dallas, TX, USA, 75243
Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.
75GF Score

Get the complete analysis for BSP:TEXA34

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

R$93.97
Price
R$77.40
GF Value