Tower Semiconductor (MEX:TSEMN) Cyclically Adjusted PS Ratio: 16.18 (As of Aug. 12, 2026) — 743% 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.

MEX:TSEMN Tower Semiconductor Ltd MEX:TSEMN
42 GF Score
Price MXN4,435.92
GF Value MXN1,111.37
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Tower Semiconductor Cyclically Adjusted PS Ratio?

Tower Semiconductor MEX:TSEMN 42 Cyclically Adjusted PS Ratio is 16.18 as of Aug. 12, 2026, which is 743% above its 10-year median of 1.92. GuruFocus rates MEX:TSEMN with a GF Score™ of 42/100 and a GF Value™ of MXN1,111.37 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 730 Semiconductors companies, Tower Semiconductor ranks worse than 86.44% on this metric.

As of today (2026-08-12), Tower Semiconductor's current share price is MXN4435.92. Tower Semiconductor's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN274.15. Tower Semiconductor's Cyclically Adjusted PS Ratio for today is 16.18.

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

MEX:TSEMN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.92   Max: 18.06
Current: 16.34

During the past years, Tower Semiconductor's highest Cyclically Adjusted PS Ratio was 18.06. The lowest was 0.75. And the median was 1.92.

MEX:TSEMN's Cyclically Adjusted PS Ratio is ranked worse than
86.44% of 730 companies
in the Semiconductors industry
Industry Median: 3.01 vs MEX:TSEMN: 16.34

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.

Tower Semiconductor's adjusted revenue per share data for the three months ended in Jun. 2026 was MXN70.158. 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 MXN274.15 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tower Semiconductor  (MEX:TSEMN) 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.


Tower Semiconductor Cyclically Adjusted PS Ratio Related Terms


Tower Semiconductor Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tower Semiconductor'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.

Tower Semiconductor Cyclically Adjusted PS Ratio Chart

Tower Semiconductor 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 2.54 3.30 2.38 4.16 8.13

Tower Semiconductor 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 3.19 5.12 8.13 11.55 16.22

MEX:TSEMN vs NVDA, AVGO, MU: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, Tower Semiconductor'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.


Tower Semiconductor Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


MEX:TSEMN
42GF Score
Tower Semiconductor Ltd MEX:TSEMN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tower Semiconductor 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.

Tower Semiconductor's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4435.92/274.15
=16.18

* 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.

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

For example, Tower Semiconductor'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)
=70.158/333.9520*333.9520
=70.158

Current CPI (Jun. 2026) = 333.9520.

Tower Semiconductor Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 61.956 241.428 85.700
201612 67.586 241.432 93.486
201703 59.239 243.801 81.144
201706 59.038 244.955 80.488
201709 60.484 246.819 81.836
201712 65.777 246.524 89.104
201803 56.187 249.554 75.189
201806 65.158 251.989 86.352
201809 59.110 252.439 78.197
201812 61.924 251.233 82.313
201903 56.234 254.202 73.876
201906 54.854 256.143 71.517
201909 57.266 256.759 74.483
201912 53.388 256.974 69.381
202003 65.081 258.115 84.203
202006 66.104 257.797 85.632
202009 63.160 260.280 81.037
202012 63.008 260.474 80.782
202103 64.839 264.877 81.748
202106 65.756 271.696 80.823
202109 72.401 274.310 88.143
202112 76.668 278.802 91.834
202203 75.857 287.504 88.112
202206 77.547 296.311 87.398
202209 77.517 296.808 87.218
202212 70.862 296.797 79.733
202303 57.710 301.836 63.850
202306 55.052 305.109 60.256
202309 56.084 307.789 60.851
202312 53.633 306.746 58.390
202403 48.652 312.332 52.020
202406 57.454 314.175 61.071
202409 64.864 315.301 68.701
202412 71.482 315.605 75.637
202503 64.758 319.799 67.624
202506 61.842 322.561 64.026
202509 63.808 324.800 65.606
202512 69.408 324.054 71.528
202603 65.233 330.213 65.972
202606 70.158 333.952 70.158

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 16.18 mean?
Tower Semiconductor (MEX:TSEMN) has a Cyclically Adjusted PS Ratio of 16.18 as of Aug. 12, 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 Tower Semiconductor and its competitors. This is 743% above median its historical median of 1.92. Over the past decade, Tower Semiconductor's Cyclically Adjusted PS Ratio has ranged from 0.75 to 18.06. According to the industry distribution chart, Tower Semiconductor ranks #631 out of 730 companies in the Semiconductors industry, placing it in the top 86.4%.
Is Tower Semiconductor's Cyclically Adjusted PS Ratio too high?
Tower Semiconductor's current Cyclically Adjusted PS Ratio of 16.18 is 743% above median its 10-year median of 1.92. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 18.06. The Semiconductors industry median Cyclically Adjusted PS Ratio is 3.01. Tower Semiconductor's value of 16.18 is 437.5% above this industry median. Based on the distribution chart, Tower Semiconductor ranks #631 out of 730 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Tower Semiconductor has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tower Semiconductor's Cyclically Adjusted PS Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Tower Semiconductor ranks #631 out of 730 companies for Cyclically Adjusted PS Ratio. This places Tower Semiconductor in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.01. Tower Semiconductor's value of 16.18 is 437.5% above this benchmark. Historically, Tower Semiconductor's own Cyclically Adjusted PS Ratio has ranged from 0.75 to 18.06 over the past decade. While the company's 10-year median is 1.92 vs. the industry median of 3.01, Tower Semiconductor 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 3.01, based on 730 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. Tower Semiconductor's current Cyclically Adjusted PS Ratio of 16.18 is 437.5% 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 Tower Semiconductor and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 3.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tower Semiconductor's current Cyclically Adjusted PS Ratio is 16.18, which is 743% above median its own 10-year median of 1.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tower Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, Tower Semiconductor (MEX:TSEMN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN1,111.37, compared to a current price of MXN4,435.92 — trading 299.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 16.18, which is 743% above median its 10-year median of 1.92 and 437.5% above the Semiconductors industry median of 3.01. Tower Semiconductor's overall GF Score™ is 42/100 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 Tower Semiconductor (MEX:TSEMN), the current Cyclically Adjusted PS Ratio is 16.18 as of Aug. 12, 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 Tower Semiconductor (MEX:TSEMN) Overvalued in 2026?

Based on GuruFocus' analysis, Tower Semiconductor stock appears to be overvalued. The current stock price of MXN4,435.92 is trading 299.1% above its estimated GF Value™ of MXN1,111.37. GuruFocus considers Tower Semiconductor to be Significantly Overvalued.

Key valuation signals for MEX:TSEMN:

  • Cyclically Adjusted PS Ratio: 16.18 (743% above median its 10-year median of 1.92)
  • GF Value™: MXN1,111.37 vs. price of MXN4,435.92 (299.1% above fair value)
  • GF Score™: 42/100 with 2 warning signs
  • Industry Position: 437.5% above the Semiconductors median (#631 of 730)

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


Tower Semiconductor Business Description

Address 20 Shaul Amor Avenue, P.O. Box 619, Ramat Gavriel Industrial Park, Migdal Haemek, ISR, 2310502
Tower Semiconductor Ltd is a pure-play specialty foundry that manufactures semiconductors. As a pure-play foundry, it focuses on producing integrated circuits (ICs) based on the design specifications of customers. The company's line of integrated circuits is incorporated into markets, including consumer electronics, personal computers, communications, automotive, and industrial and medical device products. It produces ICs alongside wholly-owned subsidiaries through fabrication facilities located in Japan. The company has a geographical presence in the USA, Japan, Asia (other than Japan), and Europe.
42GF Score

Get the complete analysis for MEX:TSEMN

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

MXN4,435.92
Price
MXN1,111.37
GF Value