SemiLEDs (FRA:6LD1) Cyclically Adjusted PS Ratio: 1.11 (As of Jul. 22, 2026) — 79% Above Median

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FRA:6LD1 SemiLEDs Corp FRA:6LD1
60 GF Score
Price €2.34
GF Value €3.64
Valuation Possible Value Trap
! 5 Warning Signs
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What is SemiLEDs Cyclically Adjusted PS Ratio?

SemiLEDs FRA:6LD1 -0.85% 60 Cyclically Adjusted PS Ratio is 1.11 as of Jul. 22, 2026, which is 79% above its 10-year median of 0.62. GuruFocus rates FRA:6LD1 with a GF Score™ of 60/100 and a GF Value™ of €3.64 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 733 Semiconductors companies, SemiLEDs ranks better than 73.53% on this metric.

As of today (2026-07-22), SemiLEDs's current share price is €2.34. SemiLEDs's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 was €2.11. SemiLEDs's Cyclically Adjusted PS Ratio for today is 1.11.

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

FRA:6LD1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.62   Max: 4.34
Current: 1.02

During the past years, SemiLEDs's highest Cyclically Adjusted PS Ratio was 4.34. The lowest was 0.13. And the median was 0.62.

FRA:6LD1's Cyclically Adjusted PS Ratio is ranked better than
73.53% of 733 companies
in the Semiconductors industry
Industry Median: 2.97 vs FRA:6LD1: 1.02

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.

SemiLEDs's adjusted revenue per share data for the three months ended in May. 2026 was €0.940. 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 €2.11 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SemiLEDs  (FRA:6LD1) 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.


SemiLEDs Cyclically Adjusted PS Ratio Related Terms


SemiLEDs Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for SemiLEDs'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.

SemiLEDs Cyclically Adjusted PS Ratio Chart

SemiLEDs Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.19 0.70 0.55 0.51 0.72

SemiLEDs Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 1.16 0.72 0.81 0.62 0.92

FRA:6LD1 vs PRSO, PRKR, GUER: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, SemiLEDs'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.


SemiLEDs Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


FRA:6LD1
60GF Score
SemiLEDs Corp FRA:6LD1
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SemiLEDs 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.

SemiLEDs's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.34/2.11
=1.11

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=0.94/335.1230*335.1230
=0.940

Current CPI (May. 2026) = 335.1230.

SemiLEDs Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201608 0.562 240.849 0.782
201611 0.712 241.353 0.989
201702 0.486 243.603 0.669
201705 0.539 244.733 0.738
201708 0.615 245.519 0.839
201711 0.482 246.669 0.655
201802 0.353 248.991 0.475
201805 0.476 251.588 0.634
201808 0.474 252.146 0.630
201811 0.240 252.038 0.319
201902 0.401 252.776 0.532
201905 0.435 256.092 0.569
201908 0.389 256.558 0.508
201911 0.394 257.208 0.513
202002 0.314 258.678 0.407
202005 0.385 256.394 0.503
202008 0.277 259.918 0.357
202011 0.152 260.229 0.196
202102 0.247 263.014 0.315
202105 0.292 269.195 0.364
202108 0.253 273.567 0.310
202111 0.288 277.948 0.347
202202 0.427 283.716 0.504
202205 0.374 292.296 0.429
202208 0.347 296.171 0.393
202211 0.344 297.711 0.387
202302 0.221 300.840 0.246
202305 0.315 304.127 0.347
202308 0.270 307.026 0.295
202311 0.312 307.051 0.341
202402 0.167 310.326 0.180
202405 0.170 314.069 0.181
202408 0.167 314.796 0.178
202411 0.165 315.493 0.175
202502 1.445 319.082 1.518
202505 2.165 321.465 2.257
202508 1.381 323.976 1.429
202511 0.270 324.122 0.279
202602 0.109 326.785 0.112
202605 0.940 335.123 0.940

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 1.11 mean?
SemiLEDs (FRA:6LD1) has a Cyclically Adjusted PS Ratio of 1.11 as of Jul. 22, 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 SemiLEDs and its competitors. This is 79% above median its historical median of 0.62. Over the past decade, SemiLEDs' Cyclically Adjusted PS Ratio has ranged from 0.13 to 4.34. According to the industry distribution chart, SemiLEDs ranks #194 out of 733 companies in the Semiconductors industry, placing it in the top 26.5%.
Is SemiLEDs' Cyclically Adjusted PS Ratio too high?
SemiLEDs' current Cyclically Adjusted PS Ratio of 1.11 is 79% above median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 4.34. The Semiconductors industry median Cyclically Adjusted PS Ratio is 2.97. SemiLEDs' value of 1.11 is 62.6% below this industry median. Based on the distribution chart, SemiLEDs ranks #194 out of 733 companies in the Semiconductors industry, which is above the industry midpoint. Overall, SemiLEDs has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SemiLEDs' Cyclically Adjusted PS Ratio compare to PRSO and PRKR?
According to the Semiconductors industry distribution chart, SemiLEDs ranks #194 out of 733 companies for Cyclically Adjusted PS Ratio. This puts SemiLEDs in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.97. SemiLEDs' value of 1.11 is 62.6% below this benchmark. Historically, SemiLEDs' own Cyclically Adjusted PS Ratio has ranged from 0.13 to 4.34 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 2.97, SemiLEDs has consistently been below 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 2.97, based on 733 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. SemiLEDs's current Cyclically Adjusted PS Ratio of 1.11 is 62.6% below 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 SemiLEDs and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 2.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SemiLEDs's current Cyclically Adjusted PS Ratio is 1.11, which is 79% above median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SemiLEDs stock overvalued right now?
Based on GuruFocus' analysis, SemiLEDs (FRA:6LD1) is currently considered Possible Value Trap. The stock's GF Value™ is €3.64, compared to a current price of €2.34 — trading 35.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.11, which is 79% above median its 10-year median of 0.62 and 62.6% below the Semiconductors industry median of 2.97. SemiLEDs' overall GF Score™ is 60/100 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 SemiLEDs (FRA:6LD1), the current Cyclically Adjusted PS Ratio is 1.11 as of Jul. 22, 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 SemiLEDs (FRA:6LD1) Overvalued in 2026?

Based on GuruFocus' analysis, SemiLEDs stock appears to be undervalued. The current stock price of €2.34 is trading 35.7% below its estimated GF Value™ of €3.64. GuruFocus considers SemiLEDs to be Possible Value Trap.

Key valuation signals for FRA:6LD1:

  • Cyclically Adjusted PS Ratio: 1.11 (79% above median its 10-year median of 0.62)
  • GF Value™: €3.64 vs. price of €2.34 (35.7% below fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 62.6% below the Semiconductors median (#194 of 733)

No single metric tells the full story. See the FRA:6LD1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SemiLEDs Business Description

Other Exchanges LEDS:USA
Address No.11 Ke Jung Road, 3rd Floor, Chu-Nan Site. Chu-Nan 350, Hsinchu Science Park, Miao-Li County, Miao-Li, TWN, 350
SemiLEDs Corp develops, manufactures, and sells light-emitting diode chips and LED components. The company's products include LED Chips, LED Components, and Lighting Products. Its products are used for general lighting applications, including street lights and commercial, industrial, system, and residential lighting; specialty industrial applications, such as ultraviolet, or Ultraviolet, curing of polymers, LED light therapy in medical/cosmetic applications, counterfeit detection, LED lighting for horticulture applications, architectural lighting and entertainment lighting. Substantial revenue is generated from the sale of LED components products. Geographically, it derives a majority of its revenue from Japan.
60GF Score

Get the complete analysis for FRA:6LD1

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

€2.34
Price
€3.64
GF Value