CEVA (MEX:CEVA) Cyclically Adjusted PS Ratio: 5.91 (As of Jul. 17, 2026) — 35% Below Median

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MEX:CEVA CEVA Inc MEX:CEVA
62 GF Score
Price MXN675.00
GF Value MXN494.65
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is CEVA Cyclically Adjusted PS Ratio?

CEVA MEX:CEVA -5.51% 62 Cyclically Adjusted PS Ratio is 5.91 as of Jul. 17, 2026, which is 35% below its 10-year median of 9.12. GuruFocus rates MEX:CEVA with a GF Score™ of 62/100 and a GF Value™ of MXN494.65 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 733 Semiconductors companies, CEVA ranks worse than 71.21% on this metric.

As of today (2026-07-17), CEVA's current share price is MXN675.00. CEVA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN114.12. CEVA's Cyclically Adjusted PS Ratio for today is 5.91.

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

MEX:CEVA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.64   Med: 9.12   Max: 20.97
Current: 7.56

During the past years, CEVA's highest Cyclically Adjusted PS Ratio was 20.97. The lowest was 3.64. And the median was 9.12.

MEX:CEVA's Cyclically Adjusted PS Ratio is ranked worse than
71.21% of 733 companies
in the Semiconductors industry
Industry Median: 3.24 vs MEX:CEVA: 7.56

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.

CEVA's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN17.607. 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 MXN114.12 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CEVA  (MEX:CEVA) 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.


CEVA Cyclically Adjusted PS Ratio Related Terms


CEVA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for CEVA'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.

CEVA Cyclically Adjusted PS Ratio Chart

CEVA 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 11.43 5.97 4.98 6.54 4.29

CEVA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.23 4.43 5.27 4.29 3.66

MEX:CEVA vs AOSL, INDI, POET: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, CEVA'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.


CEVA Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


MEX:CEVA
62GF Score
CEVA Inc MEX:CEVA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CEVA 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=675.00/114.12
=5.91

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=17.607/330.2130*330.2130
=17.607

Current CPI (Mar. 2026) = 330.2130.

CEVA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 14.800 241.018 20.277
201609 15.768 241.428 21.567
201612 19.796 241.432 27.076
201703 18.065 243.801 24.468
201706 16.483 244.955 22.220
201709 19.237 246.819 25.737
201712 18.603 246.524 24.918
201803 14.412 249.554 19.070
201806 15.534 251.989 20.356
201809 17.858 252.439 23.360
201812 17.701 251.233 23.266
201903 15.019 254.202 19.510
201906 16.113 256.143 20.772
201909 20.682 256.759 26.599
201912 22.737 256.974 29.217
202003 25.176 258.115 32.208
202006 24.748 257.797 31.700
202009 24.879 260.280 31.564
202012 25.161 260.474 31.898
202103 23.030 264.877 28.711
202106 26.200 271.696 31.843
202109 29.410 274.310 35.404
202112 20.910 278.802 24.766
202203 29.639 287.504 34.042
202206 28.818 296.311 32.115
202209 26.042 296.808 28.973
202212 25.506 296.797 28.378
202303 20.287 301.836 22.194
202306 16.739 305.109 18.116
202309 17.764 307.789 19.058
202312 17.440 306.746 18.774
202403 15.582 312.332 16.474
202406 22.049 314.175 23.175
202409 22.625 315.301 23.695
202412 25.784 315.605 26.977
202503 20.872 319.799 21.552
202506 20.232 322.561 20.712
202509 21.748 324.800 22.110
202512 22.032 324.054 22.451
202603 17.607 330.213 17.607

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 5.91 mean?
CEVA (MEX:CEVA) has a Cyclically Adjusted PS Ratio of 5.91 as of Jul. 17, 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 CEVA and its competitors. This is 35% below median its historical median of 9.12. Over the past decade, CEVA's Cyclically Adjusted PS Ratio has ranged from 3.64 to 20.97. According to the industry distribution chart, CEVA ranks #522 out of 733 companies in the Semiconductors industry, placing it in the top 71.2%.
Is CEVA's Cyclically Adjusted PS Ratio too high?
CEVA's current Cyclically Adjusted PS Ratio of 5.91 is 35% below median its 10-year median of 9.12. Over the past 10 years, this metric has ranged from a low of 3.64 to a high of 20.97. The Semiconductors industry median Cyclically Adjusted PS Ratio is 3.24. CEVA's value of 5.91 is 82.4% above this industry median. Based on the distribution chart, CEVA ranks #522 out of 733 companies in the Semiconductors industry, which is below the industry midpoint. Overall, CEVA has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CEVA's Cyclically Adjusted PS Ratio compare to AOSL and INDI?
According to the Semiconductors industry distribution chart, CEVA ranks #522 out of 733 companies for Cyclically Adjusted PS Ratio. This places CEVA in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.24. CEVA's value of 5.91 is 82.4% above this benchmark. Historically, CEVA's own Cyclically Adjusted PS Ratio has ranged from 3.64 to 20.97 over the past decade. While the company's 10-year median is 9.12 vs. the industry median of 3.24, CEVA 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 3.24, 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. CEVA's current Cyclically Adjusted PS Ratio of 5.91 is 82.4% 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 CEVA and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CEVA's current Cyclically Adjusted PS Ratio is 5.91, which is 35% below median its own 10-year median of 9.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CEVA stock overvalued right now?
Based on GuruFocus' analysis, CEVA (MEX:CEVA) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN494.65, compared to a current price of MXN675.00 — trading 36.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.91, which is 35% below median its 10-year median of 9.12 and 82.4% above the Semiconductors industry median of 3.24. CEVA's overall GF Score™ is 62/100 with 2 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 CEVA (MEX:CEVA), the current Cyclically Adjusted PS Ratio is 5.91 as of Jul. 17, 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 CEVA (MEX:CEVA) Overvalued in 2026?

Based on GuruFocus' analysis, CEVA stock appears to be overvalued. The current stock price of MXN675.00 is trading 36.5% above its estimated GF Value™ of MXN494.65. GuruFocus considers CEVA to be Significantly Overvalued.

Key valuation signals for MEX:CEVA:

  • Cyclically Adjusted PS Ratio: 5.91 (35% below median its 10-year median of 9.12)
  • GF Value™: MXN494.65 vs. price of MXN675.00 (36.5% above fair value)
  • GF Score™: 62/100 with 2 warning signs
  • Industry Position: 82.4% above the Semiconductors median (#522 of 733)

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


CEVA Business Description

Other Exchanges CEVA:USA0Q19:UKPVJA:Germany
Address 15245 Shady Grove Road, Suite 400, Rockville, MD, USA, 20850
CEVA Inc is a licensor of signal-processing intellectual property. Through partnerships with semiconductor companies and original equipment manufacturers globally, the company helps produce devices for a range of end markets. OEMs and semiconductor companies choose to sell products with CEVA equipment to wireless, consumer, automotive, and Internet of Things companies. Revenue is derived mainly from licensing fees and related revenue, and royalties generated from the shipments of products utilizing its intellectual properties. CEVA also engages in the training and sale of development systems. The company operates in one reportable segment: the licensing of IP to semiconductor companies and electronic equipment manufacturers.
62GF Score

Get the complete analysis for MEX:CEVA

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

MXN675.00
Price
MXN494.65
GF Value