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eMemory TechnologyROCO:3529 -2.21%99 Cyclically Adjusted PS Ratio is 57.72 as of Aug. 20, 2026, which is 14% below its 10-year median of 66.89. GuruFocus rates ROCO:3529 with a GF Score™ of 99/100 and a GF Value™ of NT$3,123.02 (Modestly Undervalued). Among 728 Semiconductors companies, eMemory Technology ranks worse than 97.94% on this metric.
The historical rank and industry rank for eMemory Technology's Cyclically Adjusted PS Ratio or its related term are showing as below:
ROCO:3529'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 11.69 Med: 66.89 Max: 133.93
Current: 59.03
During the past years, eMemory Technology's highest Cyclically Adjusted PS Ratio was 133.93. The lowest was 11.69. And the median was 66.89.
ROCO:3529's Cyclically Adjusted PS Ratio is ranked worse than 97.94% of 728
companies
in the Semiconductors industry
Industry Median: 3.065
vs ROCO:3529: 59.03
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.
eMemory Technology's adjusted revenue per share data for the three months ended in Jun. 2026 was NT$14.658. 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$38.29 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
eMemory Technology (ROCO:3529) 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.
eMemory Technology Cyclically Adjusted PS Ratio Related Terms
eMemory Technology Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for eMemory Technology'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.
eMemory Technology Cyclically Adjusted PS Ratio Chart
ROCO:3529 vs NVDA, AVGO, MU: Cyclically Adjusted PS Ratio Comparison
For the Semiconductors subindustry, eMemory Technology'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.
eMemory Technology Cyclically Adjusted PS Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, eMemory Technology's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where eMemory Technology's Cyclically Adjusted PS Ratio falls into.
eMemory Technology 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.
eMemory Technology's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 57.72 mean?
eMemory Technology (ROCO:3529) has a Cyclically Adjusted PS Ratio of 57.72 as of Aug. 20, 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 eMemory Technology and its competitors. This is 14% below median its historical median of 66.89. Over the past decade, eMemory Technology's Cyclically Adjusted PS Ratio has ranged from 11.69 to 133.93. According to the industry distribution chart, eMemory Technology ranks #713 out of 728 companies in the Semiconductors industry, placing it in the top 97.9%.
Is eMemory Technology's Cyclically Adjusted PS Ratio too high?
eMemory Technology's current Cyclically Adjusted PS Ratio of 57.72 is 14% below median its 10-year median of 66.89. Over the past 10 years, this metric has ranged from a low of 11.69 to a high of 133.93. The Semiconductors industry median Cyclically Adjusted PS Ratio is 3.07. eMemory Technology's value of 57.72 is 1783.2% above this industry median. Based on the distribution chart, eMemory Technology ranks #713 out of 728 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, eMemory Technology has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does eMemory Technology's Cyclically Adjusted PS Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, eMemory Technology ranks #713 out of 728 companies for Cyclically Adjusted PS Ratio. This places eMemory Technology in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.07. eMemory Technology's value of 57.72 is 1783.2% above this benchmark. Historically, eMemory Technology's own Cyclically Adjusted PS Ratio has ranged from 11.69 to 133.93 over the past decade. While the company's 10-year median is 66.89 vs. the industry median of 3.07, eMemory Technology 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 3.07, based on 728 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. eMemory Technology's current Cyclically Adjusted PS Ratio of 57.72 is 1783.2% 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 eMemory Technology and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. eMemory Technology's current Cyclically Adjusted PS Ratio is 57.72, which is 14% below median its own 10-year median of 66.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is eMemory Technology stock overvalued right now?
Based on GuruFocus' analysis, eMemory Technology (ROCO:3529) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$3,123.02, compared to a current price of NT$2,210.00 — trading 29.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 57.72, which is 14% below median its 10-year median of 66.89 and 1783.2% above the Semiconductors industry median of 3.07. eMemory Technology's overall GF Score™ is 99/100. 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 eMemory Technology (ROCO:3529), the current Cyclically Adjusted PS Ratio is 57.72 as of Aug. 20, 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 eMemory Technology (ROCO:3529) Overvalued in 2026?
Based on GuruFocus' analysis, eMemory Technology stock appears to be undervalued.
The current stock price of NT$2,210.00 is trading 29.2% below its estimated GF Value™ of NT$3,123.02.
GuruFocus considers eMemory Technology to be Modestly Undervalued.
Key valuation signals for ROCO:3529:
Cyclically Adjusted PS Ratio: 57.72 (14% below median its 10-year median of 66.89)
GF Value™: NT$3,123.02 vs. price of NT$2,210.00 (29.2% below fair value)
Industry Position: 1783.2% above the Semiconductors median (#713 of 728)
No single metric tells the full story. See the ROCO:3529 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
eMemory Technology Inc is engaged in researching, developing, manufacturing, and selling embedded flash memory products. It licenses its intellectual property (IP) to semiconductor foundries, integrated device manufacturers, and design houses. The company offers comprehensive platforms of Logic NVM silicon IP, including NeoBit, NeoFuse, NeoEE, NeoMTP, EcoBit, NeoFlash, RRAM, MRAM, and NeoPUF; as well as a range of cost-effective and customized logic NVM solutions. It earns revenue in the form of royalties and income generated from the provision of technical services, out of which the majority comes from royalties. Geographically, the company generates maximum revenue from its domestic market, followed by Asia and other regions.
99GF Score
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