GSIT (GSI Technology) Cyclically Adjusted PS Ratio: 3.20 (As of Aug. 28, 2026) — 30% Above Median

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.

GSIT GSI Technology Inc GSIT
48 GF Score
Price $5.70
GF Value $2.89
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is GSI Technology Cyclically Adjusted PS Ratio?

GSI Technology GSIT -4.20% 48 Cyclically Adjusted PS Ratio is 3.20 as of Aug. 28, 2026, which is 30% above its 10-year median of 2.47. GuruFocus rates GSIT with a GF Score™ of 48/100 and a GF Value™ of $2.89 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 727 Semiconductors companies, GSI Technology ranks worse than 51.99% on this metric.

As of today (2026-08-28), GSI Technology's current share price is $5.70. GSI Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $1.78. GSI Technology's Cyclically Adjusted PS Ratio for today is 3.20.

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

GSIT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.65   Med: 2.47   Max: 5.42
Current: 3.34

During the past years, GSI Technology's highest Cyclically Adjusted PS Ratio was 5.42. The lowest was 0.65. And the median was 2.47.

GSIT's Cyclically Adjusted PS Ratio is ranked worse than
51.99% of 727 companies
in the Semiconductors industry
Industry Median: 3.07 vs GSIT: 3.34

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.

GSI Technology's adjusted revenue per share data for the three months ended in Jun. 2026 was $0.169. 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 $1.78 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


GSI Technology  (NAS:GSIT) 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.


GSI Technology Cyclically Adjusted PS Ratio Related Terms


GSI Technology Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for GSI Technology'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.

GSI Technology Cyclically Adjusted PS Ratio Chart

GSI Technology 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 1.63 0.76 1.57 1.01 2.81

GSI Technology 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 1.71 1.92 3.35 2.81 4.34

GSIT vs QUIK, GCTS, VLN: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, GSI Technology'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.


GSI Technology Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


GSIT
48GF Score
GSI Technology Inc GSIT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GSI Technology 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.

GSI Technology's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.70/1.78
=3.20

* 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.

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

For example, GSI Technology'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)
=0.169/333.9520*333.9520
=0.169

Current CPI (Jun. 2026) = 333.9520.

GSI Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.633 241.428 0.876
201612 0.544 241.432 0.752
201703 0.507 243.801 0.694
201706 0.514 244.955 0.701
201709 0.459 246.819 0.621
201712 0.525 246.524 0.711
201803 0.525 249.554 0.703
201806 0.522 251.989 0.692
201809 0.587 252.439 0.777
201812 0.646 251.233 0.859
201903 0.529 254.202 0.695
201906 0.576 256.143 0.751
201909 0.511 256.759 0.665
201912 0.435 256.974 0.565
202003 0.368 258.115 0.476
202006 0.282 257.797 0.365
202009 0.282 260.280 0.362
202012 0.285 260.474 0.365
202103 0.321 264.877 0.405
202106 0.365 271.696 0.449
202109 0.322 274.310 0.392
202112 0.330 278.802 0.395
202203 0.357 287.504 0.415
202206 0.363 296.311 0.409
202209 0.365 296.808 0.411
202212 0.262 296.797 0.295
202303 0.218 301.836 0.241
202306 0.225 305.109 0.246
202309 0.227 307.789 0.246
202312 0.211 306.746 0.230
202403 0.204 312.332 0.218
202406 0.182 314.175 0.193
202409 0.179 315.301 0.190
202412 0.212 315.605 0.224
202503 0.230 319.799 0.240
202506 0.233 322.561 0.241
202509 0.217 324.800 0.223
202512 0.176 324.054 0.181
202603 0.174 330.213 0.176
202606 0.169 333.952 0.169

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 3.20 mean?
GSI Technology (GSIT) has a Cyclically Adjusted PS Ratio of 3.20 as of Aug. 28, 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 GSI Technology and its competitors. This is 30% above median its historical median of 2.47. Over the past decade, GSI Technology's Cyclically Adjusted PS Ratio has ranged from 0.65 to 5.42. According to the industry distribution chart, GSI Technology ranks #378 out of 727 companies in the Semiconductors industry, placing it in the top 52%.
Is GSI Technology's Cyclically Adjusted PS Ratio too high?
GSI Technology's current Cyclically Adjusted PS Ratio of 3.20 is 30% above median its 10-year median of 2.47. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 5.42. The Semiconductors industry median Cyclically Adjusted PS Ratio is 3.07. GSI Technology's value of 3.20 is 4.2% above this industry median. Based on the distribution chart, GSI Technology ranks #378 out of 727 companies in the Semiconductors industry, which is below the industry midpoint. Overall, GSI Technology has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GSI Technology's Cyclically Adjusted PS Ratio compare to QUIK and GCTS?
According to the Semiconductors industry distribution chart, GSI Technology ranks #378 out of 727 companies for Cyclically Adjusted PS Ratio. This places GSI Technology in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.07. GSI Technology's value of 3.20 is 4.2% above this benchmark. Historically, GSI Technology's own Cyclically Adjusted PS Ratio has ranged from 0.65 to 5.42 over the past decade. While the company's 10-year median is 2.47 vs. the industry median of 3.07, GSI Technology 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 3.07, based on 727 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. GSI Technology's current Cyclically Adjusted PS Ratio of 3.20 is 4.2% 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 GSI Technology and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GSI Technology's current Cyclically Adjusted PS Ratio is 3.20, which is 30% above median its own 10-year median of 2.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GSI Technology stock overvalued right now?
Based on GuruFocus' analysis, GSI Technology (GSIT) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.89, compared to a current price of $5.70 — trading 97.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.20, which is 30% above median its 10-year median of 2.47 and 4.2% above the Semiconductors industry median of 3.07. GSI Technology's overall GF Score™ is 48/100 with 3 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 GSI Technology (GSIT), the current Cyclically Adjusted PS Ratio is 3.20 as of Aug. 28, 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 GSI Technology (GSIT) Overvalued in 2026?

Based on GuruFocus' analysis, GSI Technology stock appears to be overvalued. The current stock price of $5.70 is trading 97.2% above its estimated GF Value™ of $2.89. GuruFocus considers GSI Technology to be Significantly Overvalued.

Key valuation signals for GSIT:

  • Cyclically Adjusted PS Ratio: 3.20 (30% above median its 10-year median of 2.47)
  • GF Value™: $2.89 vs. price of $5.70 (97.2% above fair value)
  • GF Score™: 48/100 with 3 warning signs
  • Industry Position: 4.2% above the Semiconductors median (#378 of 727)

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


GSI Technology Business Description

Address 1213 Elko Drive, Sunnyvale, CA, USA, 94089
GSI Technology Inc is a provider of semiconductor memory solutions. The company develops and markets high-performance memory products, including Very Fast static random access memory, or SRAM, that are incorporated in high-performance networking and telecommunications equipment, such as routers, switches, wide area network infrastructure equipment, wireless base stations, and network access equipment. It sells these products to original equipment manufacturers and customers including Nokia. In addition, it serves the ongoing needs of the military, aerospace, industrial, test and measurement equipment, and automotive and medical markets for high-performance SRAMs. It operates geographically in China, Singapore, the Netherlands, Germany, Rest of the world, and the United States.
48GF Score

Get the complete analysis for GSIT

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

$5.70
Price
$2.89
GF Value