GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » ASE Technology Holding Co Ltd (MEX:ASEH N) » Definitions » Cyclically Adjusted PS Ratio

ASE Technology Holding Co (MEX:ASEH N) Cyclically Adjusted PS Ratio : 1.14 (As of Jun. 26, 2025)


View and export this data going back to 2014. Start your Free Trial

What is ASE Technology Holding Co Cyclically Adjusted PS Ratio?

As of today (2025-06-26), ASE Technology Holding Co's current share price is MXN146.95. ASE Technology Holding Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was MXN128.75. ASE Technology Holding Co's Cyclically Adjusted PS Ratio for today is 1.14.

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

MEX:ASEH N' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.24   Max: 1.94
Current: 1.22

During the past years, ASE Technology Holding Co's highest Cyclically Adjusted PS Ratio was 1.94. The lowest was 0.74. And the median was 1.24.

MEX:ASEH N's Cyclically Adjusted PS Ratio is ranked better than
64.48% of 687 companies
in the Semiconductors industry
Industry Median: 1.84 vs MEX:ASEH N: 1.22

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.

ASE Technology Holding Co's adjusted revenue per share data for the three months ended in Mar. 2025 was MXN41.678. 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 MXN128.75 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


ASE Technology Holding Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ASE Technology Holding Co'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.

* Premium members only.

ASE Technology Holding Co Cyclically Adjusted PS Ratio Chart

ASE Technology Holding Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 1.19 0.90 1.18 1.32

ASE Technology Holding Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.34 1.41 1.25 1.32 1.14

Competitive Comparison of ASE Technology Holding Co's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, ASE Technology Holding Co'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.


ASE Technology Holding Co's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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


;
;

ASE Technology Holding Co 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.

ASE Technology Holding Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=146.95/128.75
=1.14

* 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.

ASE Technology Holding Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, ASE Technology Holding Co's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=41.678/134.9266*134.9266
=41.678

Current CPI (Mar. 2025) = 134.9266.

ASE Technology Holding Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 17.498 100.684 23.449
201509 18.317 100.392 24.618
201512 20.212 99.792 27.328
201603 15.891 100.470 21.341
201606 17.403 101.688 23.091
201609 21.685 101.861 28.724
201612 24.076 101.863 31.891
201703 20.620 102.862 27.048
201706 18.335 103.349 23.937
201709 20.637 104.136 26.739
201712 25.515 104.011 33.099
201803 18.642 105.290 23.889
201806 25.955 106.317 32.939
201809 30.783 106.507 38.997
201812 34.188 105.998 43.519
201903 26.254 107.251 33.029
201906 26.093 108.070 32.578
201909 35.051 108.329 43.657
201912 33.403 108.420 41.569
202003 35.396 108.902 43.855
202006 39.178 108.767 48.601
202009 43.545 109.815 53.503
202012 48.886 109.897 60.020
202103 39.649 111.754 47.870
202106 41.695 114.631 49.077
202109 51.138 115.734 59.618
202112 58.869 117.630 67.526
202203 46.588 121.301 51.821
202206 49.843 125.017 53.794
202209 55.467 125.227 59.763
202212 53.892 125.222 58.069
202303 35.631 127.348 37.751
202306 34.886 128.729 36.566
202309 38.551 129.860 40.055
202312 40.080 129.419 41.786
202403 31.840 131.776 32.601
202406 36.206 132.554 36.854
202409 44.929 133.029 45.570
202412 47.112 133.157 47.738
202503 41.678 134.927 41.678

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.


ASE Technology Holding Co  (MEX:ASEH N) 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.


ASE Technology Holding Co Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of ASE Technology Holding Co's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


ASE Technology Holding Co Business Description

Traded in Other Exchanges
Address
No. 26, Chin Third Road, Nantze Export Processing Zone, Nanzih District, Kaoshiung, Kaohsiung, TWN, 811
ASE Technology Holding Co Ltd is a semiconductor assembly and testing firm. The company operates in segments: Packaging, Testing, and Electronic Manufacturing Services. Of these, Packaging segment contribute the maximum revenue. The packaging segment involves packaging bare semiconductors into completed semiconductors with improved electrical and thermal characteristics. The Testing Segment includes front-end engineering testing, wafer probing, and final testing services. In the EMS segment, the company designs manufactures, and sells electronic components and telecommunication equipment motherboards. The company is based in Taiwan but garners over half its sales from firms in the United States.

ASE Technology Holding Co Headlines

No Headlines