Asix Electronics (ROCO:3169) Cyclically Adjusted PS Ratio: 5.54 (As of Aug. 12, 2026) — 10% Below 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.

ROCO:3169 Asix Electronics Corp Ltd ROCO:3169
70 GF Score
Price NT$102.00
GF Value NT$98.45
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Asix Electronics Cyclically Adjusted PS Ratio?

Asix Electronics ROCO:3169 -0.97% 70 Cyclically Adjusted PS Ratio is 5.54 as of Aug. 12, 2026, which is 10% below its 10-year median of 6.13. GuruFocus rates ROCO:3169 with a GF Score™ of 70/100 and a GF Value™ of NT$98.45 (Fairly Valued). The stock has 4 warning signs investors should review. Among 731 Semiconductors companies, Asix Electronics ranks worse than 66.76% on this metric.

As of today (2026-08-12), Asix Electronics's current share price is NT$102.00. Asix Electronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$18.40. Asix Electronics's Cyclically Adjusted PS Ratio for today is 5.54.

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

ROCO:3169' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.11   Med: 6.13   Max: 18.95
Current: 5.57

During the past years, Asix Electronics's highest Cyclically Adjusted PS Ratio was 18.95. The lowest was 2.11. And the median was 6.13.

ROCO:3169's Cyclically Adjusted PS Ratio is ranked worse than
66.76% of 731 companies
in the Semiconductors industry
Industry Median: 3.01 vs ROCO:3169: 5.57

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.

Asix Electronics's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$3.796. 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 NT$18.40 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asix Electronics  (ROCO:3169) 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.


Asix Electronics Cyclically Adjusted PS Ratio Related Terms


Asix Electronics Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Asix Electronics'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.

Asix Electronics Cyclically Adjusted PS Ratio Chart

Asix Electronics 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 17.75 5.78 7.61 5.81 5.37

Asix Electronics 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 5.28 4.49 5.18 5.37 4.87

ROCO:3169 vs NVDA, AVGO, MU: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, Asix Electronics'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.


Asix Electronics Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


ROCO:3169
70GF Score
Asix Electronics Corp Ltd ROCO:3169
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asix Electronics 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.

Asix Electronics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=102.00/18.40
=5.54

* 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.

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

For example, Asix Electronics'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)
=3.796/330.2130*330.2130
=3.796

Current CPI (Mar. 2026) = 330.2130.

Asix Electronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.215 241.018 4.405
201609 3.524 241.428 4.820
201612 3.267 241.432 4.468
201703 3.463 243.801 4.690
201706 3.967 244.955 5.348
201709 3.481 246.819 4.657
201712 3.592 246.524 4.811
201803 2.708 249.554 3.583
201806 3.033 251.989 3.975
201809 3.574 252.439 4.675
201812 3.832 251.233 5.037
201903 3.381 254.202 4.392
201906 3.887 256.143 5.011
201909 3.364 256.759 4.326
201912 3.204 256.974 4.117
202003 2.243 258.115 2.870
202006 3.456 257.797 4.427
202009 3.698 260.280 4.692
202012 4.476 260.474 5.674
202103 4.265 264.877 5.317
202106 4.626 271.696 5.622
202109 5.932 274.310 7.141
202112 6.776 278.802 8.025
202203 5.800 287.504 6.662
202206 5.661 296.311 6.309
202209 4.982 296.808 5.543
202212 4.807 296.797 5.348
202303 3.243 301.836 3.548
202306 3.518 305.109 3.807
202309 3.435 307.789 3.685
202312 3.846 306.746 4.140
202403 3.172 312.332 3.354
202406 3.772 314.175 3.965
202409 3.079 315.301 3.225
202412 3.429 315.605 3.588
202503 4.024 319.799 4.155
202506 3.619 322.561 3.705
202509 3.578 324.800 3.638
202512 3.384 324.054 3.448
202603 3.796 330.213 3.796

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 5.54 mean?
Asix Electronics (ROCO:3169) has a Cyclically Adjusted PS Ratio of 5.54 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 Asix Electronics and its competitors. This is 10% below median its historical median of 6.13. Over the past decade, Asix Electronics' Cyclically Adjusted PS Ratio has ranged from 2.11 to 18.95. According to the industry distribution chart, Asix Electronics ranks #488 out of 731 companies in the Semiconductors industry, placing it in the top 66.8%.
Is Asix Electronics' Cyclically Adjusted PS Ratio too high?
Asix Electronics' current Cyclically Adjusted PS Ratio of 5.54 is 10% below median its 10-year median of 6.13. Over the past 10 years, this metric has ranged from a low of 2.11 to a high of 18.95. The Semiconductors industry median Cyclically Adjusted PS Ratio is 3.01. Asix Electronics' value of 5.54 is 84.1% above this industry median. Based on the distribution chart, Asix Electronics ranks #488 out of 731 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Asix Electronics has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asix Electronics' Cyclically Adjusted PS Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Asix Electronics ranks #488 out of 731 companies for Cyclically Adjusted PS Ratio. This places Asix Electronics in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.01. Asix Electronics' value of 5.54 is 84.1% above this benchmark. Historically, Asix Electronics' own Cyclically Adjusted PS Ratio has ranged from 2.11 to 18.95 over the past decade. While the company's 10-year median is 6.13 vs. the industry median of 3.01, Asix Electronics 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 731 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. Asix Electronics's current Cyclically Adjusted PS Ratio of 5.54 is 84.1% 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 Asix Electronics 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. Asix Electronics's current Cyclically Adjusted PS Ratio is 5.54, which is 10% below median its own 10-year median of 6.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asix Electronics stock overvalued right now?
Based on GuruFocus' analysis, Asix Electronics (ROCO:3169) is currently considered Fairly Valued. The stock's GF Value™ is NT$98.45, compared to a current price of NT$102.00 — trading 3.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.54, which is 10% below median its 10-year median of 6.13 and 84.1% above the Semiconductors industry median of 3.01. Asix Electronics' overall GF Score™ is 70/100 with 4 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 Asix Electronics (ROCO:3169), the current Cyclically Adjusted PS Ratio is 5.54 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 Asix Electronics (ROCO:3169) Overvalued in 2026?

Based on GuruFocus' analysis, Asix Electronics stock appears to be overvalued. The current stock price of NT$102.00 is trading 3.6% above its estimated GF Value™ of NT$98.45. GuruFocus considers Asix Electronics to be Fairly Valued.

Key valuation signals for ROCO:3169:

  • Cyclically Adjusted PS Ratio: 5.54 (10% below median its 10-year median of 6.13)
  • GF Value™: NT$98.45 vs. price of NT$102.00 (3.6% above fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 84.1% above the Semiconductors median (#488 of 731)

No single metric tells the full story. See the ROCO:3169 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asix Electronics Business Description

Address No. 8, Hsin Ann Road, 4th Floor, Hsinchu Science Park, Hsinchu, TWN, 30078
Asix Electronics Corp Ltd is engaged in the research, development, manufacture and sale of communication and mixed-signal receiving and processing chips, multimedia graphics IC and graphics boards, asynchronous transmission mode chips, interface transmission chips, display driver chips and white light emitting diode driver chips. Geographically, the company generates the majority of its revenue from Taiwan and the rest from China and other regions.
70GF Score

Get the complete analysis for ROCO:3169

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

NT$102.00
Price
NT$98.45
GF Value