Giga Solar Materials (ROCO:3691) Cyclically Adjusted PS Ratio: 0.76 (As of Aug. 23, 2026) — Near Median

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ROCO:3691 Giga Solar Materials Corp ROCO:3691
49 GF Score
Price NT$100.00
GF Value NT$135.68
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Giga Solar Materials Cyclically Adjusted PS Ratio?

Giga Solar Materials ROCO:3691 -1.48% 49 Cyclically Adjusted PS Ratio is 0.76 as of Aug. 23, 2026, which is at its 10-year median of 0.76. GuruFocus rates ROCO:3691 with a GF Score™ of 49/100 and a GF Value™ of NT$135.68 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 727 Semiconductors companies, Giga Solar Materials ranks better than 79.23% on this metric.

As of today (2026-08-23), Giga Solar Materials's current share price is NT$100.00. Giga Solar Materials's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$131.06. Giga Solar Materials's Cyclically Adjusted PS Ratio for today is 0.76.

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

ROCO:3691' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.76   Max: 1.49
Current: 0.76

During the past years, Giga Solar Materials's highest Cyclically Adjusted PS Ratio was 1.49. The lowest was 0.37. And the median was 0.76.

ROCO:3691's Cyclically Adjusted PS Ratio is ranked better than
79.23% of 727 companies
in the Semiconductors industry
Industry Median: 2.99 vs ROCO:3691: 0.76

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.

Giga Solar Materials's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$27.314. 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$131.06 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Giga Solar Materials  (ROCO:3691) 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.


Giga Solar Materials Cyclically Adjusted PS Ratio Related Terms


Giga Solar Materials Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Giga Solar Materials'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.

Giga Solar Materials Cyclically Adjusted PS Ratio Chart

Giga Solar Materials 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 1.28 0.60 0.55 0.49 0.59

Giga Solar Materials 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 0.44 0.43 0.54 0.59 0.79

ROCO:3691 vs FSLR, NXT, ENPH: Cyclically Adjusted PS Ratio Comparison

For the Solar subindustry, Giga Solar Materials'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.


Giga Solar Materials Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


ROCO:3691
49GF Score
Giga Solar Materials Corp ROCO:3691
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Giga Solar Materials 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.

Giga Solar Materials's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=100.00/131.06
=0.76

* 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.

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

For example, Giga Solar Materials'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)
=27.314/330.2130*330.2130
=27.314

Current CPI (Mar. 2026) = 330.2130.

Giga Solar Materials Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 66.327 241.018 90.873
201609 46.483 241.428 63.577
201612 37.465 241.432 51.242
201703 34.717 243.801 47.022
201706 36.021 244.955 48.558
201709 40.581 246.819 54.292
201712 41.145 246.524 55.113
201803 32.466 249.554 42.959
201806 39.493 251.989 51.753
201809 30.300 252.439 39.635
201812 26.027 251.233 34.209
201903 29.728 254.202 38.617
201906 32.904 256.143 42.419
201909 26.535 256.759 34.126
201912 28.966 256.974 37.221
202003 28.545 258.115 36.518
202006 27.331 257.797 35.008
202009 38.267 260.280 48.549
202012 36.956 260.474 46.851
202103 30.739 264.877 38.321
202106 27.569 271.696 33.507
202109 21.969 274.310 26.446
202112 30.242 278.802 35.819
202203 19.073 287.504 21.906
202206 22.052 296.311 24.575
202209 17.823 296.808 19.829
202212 11.160 296.797 12.416
202303 8.446 301.836 9.240
202306 6.068 305.109 6.567
202309 6.499 307.789 6.972
202312 11.200 306.746 12.057
202403 16.546 312.332 17.493
202406 24.496 314.175 25.746
202409 18.799 315.301 19.688
202412 9.144 315.605 9.567
202503 9.713 319.799 10.029
202506 13.472 322.561 13.792
202509 16.479 324.800 16.754
202512 23.601 324.054 24.050
202603 27.314 330.213 27.314

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 0.76 mean?
Giga Solar Materials (ROCO:3691) has a Cyclically Adjusted PS Ratio of 0.76 as of Aug. 23, 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 Giga Solar Materials and its competitors. This is near median its historical median of 0.76. Over the past decade, Giga Solar Materials' Cyclically Adjusted PS Ratio has ranged from 0.37 to 1.49. According to the industry distribution chart, Giga Solar Materials ranks #151 out of 727 companies in the Semiconductors industry, placing it in the top 20.8%.
Is Giga Solar Materials' Cyclically Adjusted PS Ratio too high?
Giga Solar Materials' current Cyclically Adjusted PS Ratio of 0.76 is near median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 1.49. The Semiconductors industry median Cyclically Adjusted PS Ratio is 2.99. Giga Solar Materials' value of 0.76 is 74.6% below this industry median. Based on the distribution chart, Giga Solar Materials ranks #151 out of 727 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Giga Solar Materials has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Giga Solar Materials' Cyclically Adjusted PS Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Giga Solar Materials ranks #151 out of 727 companies for Cyclically Adjusted PS Ratio. This places Giga Solar Materials in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 2.99. Giga Solar Materials' value of 0.76 is 74.6% below this benchmark. Historically, Giga Solar Materials' own Cyclically Adjusted PS Ratio has ranged from 0.37 to 1.49 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 2.99, Giga Solar Materials 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 2.99, based on 727 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. Giga Solar Materials's current Cyclically Adjusted PS Ratio of 0.76 is 74.6% 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 Giga Solar Materials and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 2.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Giga Solar Materials's current Cyclically Adjusted PS Ratio is 0.76, which is near median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Giga Solar Materials stock overvalued right now?
Based on GuruFocus' analysis, Giga Solar Materials (ROCO:3691) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$135.68, compared to a current price of NT$100.00 — trading 26.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.76, which is near median its 10-year median of 0.76 and 74.6% below the Semiconductors industry median of 2.99. Giga Solar Materials' overall GF Score™ is 49/100 with 5 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 Giga Solar Materials (ROCO:3691), the current Cyclically Adjusted PS Ratio is 0.76 as of Aug. 23, 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 Giga Solar Materials (ROCO:3691) Overvalued in 2026?

Based on GuruFocus' analysis, Giga Solar Materials stock appears to be undervalued. The current stock price of NT$100.00 is trading 26.3% below its estimated GF Value™ of NT$135.68. GuruFocus considers Giga Solar Materials to be Modestly Undervalued.

Key valuation signals for ROCO:3691:

  • Cyclically Adjusted PS Ratio: 0.76 (near median its 10-year median of 0.76)
  • GF Value™: NT$135.68 vs. price of NT$100.00 (26.3% below fair value)
  • GF Score™: 49/100 with 5 warning signs
  • Industry Position: 74.6% below the Semiconductors median (#151 of 727)

No single metric tells the full story. See the ROCO:3691 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Giga Solar Materials Business Description

Address 122-18, Zhonghua Road, Hukou Township, Hsinchu County, Hukou Township, Hsinchu, TWN, 30351
Giga Solar Materials Corp is engaged in the research and development (R&D), manufacturing, and sales of solar conductive plasma. Its product includes Conductive Paste for Photovoltaic Cells, Quality Assurance System for Conductive Paste, Solutions to Solar Energy Cells and Li-ion Battery Materials.
49GF Score

Get the complete analysis for ROCO:3691

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

NT$100.00
Price
NT$135.68
GF Value