Niko Semiconductor Co (ROCO:3317) Cyclically Adjusted PS Ratio: 1.99 (As of Aug. 09, 2026) — 55% 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.

ROCO:3317 Niko Semiconductor Co Ltd ROCO:3317
66 GF Score
Price NT$67.30
GF Value NT$49.25
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Niko Semiconductor Co Cyclically Adjusted PS Ratio?

Niko Semiconductor Co ROCO:3317 -3.58% 66 Cyclically Adjusted PS Ratio is 1.99 as of Aug. 09, 2026, which is 55% above its 10-year median of 1.28. GuruFocus rates ROCO:3317 with a GF Score™ of 66/100 and a GF Value™ of NT$49.25 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 731 Semiconductors companies, Niko Semiconductor Co ranks better than 60.47% on this metric.

As of today (2026-08-09), Niko Semiconductor Co's current share price is NT$67.30. Niko Semiconductor Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$33.85. Niko Semiconductor Co's Cyclically Adjusted PS Ratio for today is 1.99.

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

ROCO:3317' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.59   Med: 1.28   Max: 2.85
Current: 1.99

During the past years, Niko Semiconductor Co's highest Cyclically Adjusted PS Ratio was 2.85. The lowest was 0.59. And the median was 1.28.

ROCO:3317's Cyclically Adjusted PS Ratio is ranked better than
60.47% of 731 companies
in the Semiconductors industry
Industry Median: 3.01 vs ROCO:3317: 1.99

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.

Niko Semiconductor Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$7.741. 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$33.85 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Niko Semiconductor Co  (ROCO:3317) 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.


Niko Semiconductor Co Cyclically Adjusted PS Ratio Related Terms


Niko Semiconductor Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Niko Semiconductor 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.

Niko Semiconductor Co Cyclically Adjusted PS Ratio Chart

Niko Semiconductor Co 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 1.73 1.13 1.51 1.27 1.34

Niko Semiconductor Co 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 1.17 1.18 1.58 1.34 1.45

ROCO:3317 vs NVDA, AVGO, MU: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, Niko Semiconductor 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.


Niko Semiconductor Co Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


ROCO:3317
66GF Score
Niko Semiconductor Co Ltd ROCO:3317
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Niko Semiconductor 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=67.30/33.85
=1.99

* 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.

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

For example, Niko Semiconductor Co'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)
=7.741/330.2130*330.2130
=7.741

Current CPI (Mar. 2026) = 330.2130.

Niko Semiconductor Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.561 241.018 8.989
201609 7.047 241.428 9.639
201612 6.809 241.432 9.313
201703 5.852 243.801 7.926
201706 6.359 244.955 8.572
201709 7.810 246.819 10.449
201712 6.845 246.524 9.169
201803 6.459 249.554 8.547
201806 6.993 251.989 9.164
201809 7.215 252.439 9.438
201812 5.717 251.233 7.514
201903 6.577 254.202 8.544
201906 8.113 256.143 10.459
201909 8.546 256.759 10.991
201912 7.512 256.974 9.653
202003 5.427 258.115 6.943
202006 7.034 257.797 9.010
202009 7.193 260.280 9.126
202012 7.426 260.474 9.414
202103 8.136 264.877 10.143
202106 7.609 271.696 9.248
202109 7.600 274.310 9.149
202112 7.942 278.802 9.407
202203 8.309 287.504 9.543
202206 7.992 296.311 8.906
202209 5.978 296.808 6.651
202212 6.068 296.797 6.751
202303 6.431 301.836 7.036
202306 6.469 305.109 7.001
202309 7.779 307.789 8.346
202312 6.359 306.746 6.845
202403 5.730 312.332 6.058
202406 6.583 314.175 6.919
202409 7.348 315.301 7.696
202412 7.436 315.605 7.780
202503 6.910 319.799 7.135
202506 7.650 322.561 7.831
202509 7.580 324.800 7.706
202512 7.594 324.054 7.738
202603 7.741 330.213 7.741

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 1.99 mean?
Niko Semiconductor Co (ROCO:3317) has a Cyclically Adjusted PS Ratio of 1.99 as of Aug. 09, 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 Niko Semiconductor Co and its competitors. This is 55% above median its historical median of 1.28. Over the past decade, Niko Semiconductor Co's Cyclically Adjusted PS Ratio has ranged from 0.59 to 2.85. According to the industry distribution chart, Niko Semiconductor Co ranks #289 out of 731 companies in the Semiconductors industry, placing it in the top 39.5%.
Is Niko Semiconductor Co's Cyclically Adjusted PS Ratio too high?
Niko Semiconductor Co's current Cyclically Adjusted PS Ratio of 1.99 is 55% above median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 2.85. The Semiconductors industry median Cyclically Adjusted PS Ratio is 3.01. Niko Semiconductor Co's value of 1.99 is 33.9% below this industry median. Based on the distribution chart, Niko Semiconductor Co ranks #289 out of 731 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Niko Semiconductor Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Niko Semiconductor Co's Cyclically Adjusted PS Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Niko Semiconductor Co ranks #289 out of 731 companies for Cyclically Adjusted PS Ratio. This puts Niko Semiconductor Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.01. Niko Semiconductor Co's value of 1.99 is 33.9% below this benchmark. Historically, Niko Semiconductor Co's own Cyclically Adjusted PS Ratio has ranged from 0.59 to 2.85 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 3.01, Niko Semiconductor Co has consistently been below 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. Niko Semiconductor Co's current Cyclically Adjusted PS Ratio of 1.99 is 33.9% below 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 Niko Semiconductor Co 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. Niko Semiconductor Co's current Cyclically Adjusted PS Ratio is 1.99, which is 55% above median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Niko Semiconductor Co stock overvalued right now?
Based on GuruFocus' analysis, Niko Semiconductor Co (ROCO:3317) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$49.25, compared to a current price of NT$67.30 — trading 36.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.99, which is 55% above median its 10-year median of 1.28 and 33.9% below the Semiconductors industry median of 3.01. Niko Semiconductor Co's overall GF Score™ is 66/100 with 1 warning sign 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 Niko Semiconductor Co (ROCO:3317), the current Cyclically Adjusted PS Ratio is 1.99 as of Aug. 09, 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 Niko Semiconductor Co (ROCO:3317) Overvalued in 2026?

Based on GuruFocus' analysis, Niko Semiconductor Co stock appears to be overvalued. The current stock price of NT$67.30 is trading 36.6% above its estimated GF Value™ of NT$49.25. GuruFocus considers Niko Semiconductor Co to be Significantly Overvalued.

Key valuation signals for ROCO:3317:

  • Cyclically Adjusted PS Ratio: 1.99 (55% above median its 10-year median of 1.28)
  • GF Value™: NT$49.25 vs. price of NT$67.30 (36.6% above fair value)
  • GF Score™: 66/100 with 1 warning sign
  • Industry Position: 33.9% below the Semiconductors median (#289 of 731)

No single metric tells the full story. See the ROCO:3317 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Niko Semiconductor Co Business Description

Address No.368 Gongjian Road, 12th Floor, Xizhi District, New Taipei City, TWN
Niko Semiconductor Co Ltd is engaged in the research, development, design, and sales of analog IC that can be applied to communications, computers, computer peripherals, video, power supply, and other consumer products. It specializes in the design of power management components and power modules. Its main products include Power MOSFETs, wide-bandgap semiconductor devices such as SiC MOSFETs and GaN HEMTs, and SiC power modules, which are widely used in motherboards, laptops, tablets, and other PC products and their peripheral power devices. It has also expanded into industries such as drones, automotive electronics and onboard charging, robotics, and AI servers. The Group's revenue is generated mainly from the sale of power MOSFETs. It operates in Taiwan, China, and other regions.
66GF Score

Get the complete analysis for ROCO:3317

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

NT$67.30
Price
NT$49.25
GF Value