GCS Holdings (ROCO:4991) Cyclically Adjusted PS Ratio: 21.13 (As of Aug. 17, 2026) — 1061% Above Median

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ROCO:4991 GCS Holdings Inc ROCO:4991
61 GF Score
Price NT$460.00
GF Value NT$113.20
Valuation Significantly Overvalued
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What is GCS Holdings Cyclically Adjusted PS Ratio?

GCS Holdings ROCO:4991 -3.77% 61 Cyclically Adjusted PS Ratio is 21.13 as of Aug. 17, 2026, which is 1061% above its 10-year median of 1.82. GuruFocus rates ROCO:4991 with a GF Score™ of 61/100 and a GF Value™ of NT$113.20 (Significantly Overvalued). Among 729 Semiconductors companies, GCS Holdings ranks worse than 89.16% on this metric.

As of today (2026-08-17), GCS Holdings's current share price is NT$460.00. GCS Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$21.77. GCS Holdings's Cyclically Adjusted PS Ratio for today is 21.13.

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

ROCO:4991' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.21   Med: 1.82   Max: 37.39
Current: 21.13

During the past years, GCS Holdings's highest Cyclically Adjusted PS Ratio was 37.39. The lowest was 1.21. And the median was 1.82.

ROCO:4991's Cyclically Adjusted PS Ratio is ranked worse than
89.16% of 729 companies
in the Semiconductors industry
Industry Median: 3.12 vs ROCO:4991: 21.13

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.

GCS Holdings's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$5.999. 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$21.77 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


GCS Holdings  (ROCO:4991) 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.


GCS Holdings Cyclically Adjusted PS Ratio Related Terms


GCS Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for GCS Holdings'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.

GCS Holdings Cyclically Adjusted PS Ratio Chart

GCS Holdings 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 2.12 1.66 1.38 6.04 10.57

GCS Holdings 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 5.10 4.87 6.23 10.57 17.91

ROCO:4991 vs AMAT, LRCX, KLAC: Cyclically Adjusted PS Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, GCS Holdings'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.


GCS Holdings Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


ROCO:4991
61GF Score
GCS Holdings Inc ROCO:4991
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GCS Holdings 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.

GCS Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=460.00/21.77
=21.13

* 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.

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

For example, GCS Holdings'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)
=5.999/330.2130*330.2130
=5.999

Current CPI (Mar. 2026) = 330.2130.

GCS Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 5.294 241.018 7.253
201609 6.329 241.428 8.656
201612 4.065 241.432 5.560
201703 5.037 243.801 6.822
201706 6.168 244.955 8.315
201709 6.818 246.819 9.122
201712 6.627 246.524 8.877
201803 5.943 249.554 7.864
201806 6.415 251.989 8.406
201809 6.308 252.439 8.251
201812 5.291 251.233 6.954
201903 4.300 254.202 5.586
201906 5.156 256.143 6.647
201909 5.173 256.759 6.653
201912 5.178 256.974 6.654
202003 4.031 258.115 5.157
202006 4.785 257.797 6.129
202009 4.014 260.280 5.092
202012 3.806 260.474 4.825
202103 3.329 264.877 4.150
202106 3.358 271.696 4.081
202109 3.477 274.310 4.186
202112 3.341 278.802 3.957
202203 2.673 287.504 3.070
202206 3.058 296.311 3.408
202209 3.059 296.808 3.403
202212 3.166 296.797 3.522
202303 2.421 301.836 2.649
202306 2.882 305.109 3.119
202309 3.190 307.789 3.422
202312 3.576 306.746 3.850
202403 3.096 312.332 3.273
202406 4.156 314.175 4.368
202409 4.040 315.301 4.231
202412 4.456 315.605 4.662
202503 4.216 319.799 4.353
202506 4.067 322.561 4.163
202509 4.823 324.800 4.903
202512 6.021 324.054 6.135
202603 5.999 330.213 5.999

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 21.13 mean?
GCS Holdings (ROCO:4991) has a Cyclically Adjusted PS Ratio of 21.13 as of Aug. 17, 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 GCS Holdings and its competitors. This is 1061% above median its historical median of 1.82. Over the past decade, GCS Holdings' Cyclically Adjusted PS Ratio has ranged from 1.21 to 37.39. According to the industry distribution chart, GCS Holdings ranks #650 out of 729 companies in the Semiconductors industry, placing it in the top 89.2%.
Is GCS Holdings' Cyclically Adjusted PS Ratio too high?
GCS Holdings' current Cyclically Adjusted PS Ratio of 21.13 is 1061% above median its 10-year median of 1.82. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 37.39. The Semiconductors industry median Cyclically Adjusted PS Ratio is 3.12. GCS Holdings' value of 21.13 is 577.2% above this industry median. Based on the distribution chart, GCS Holdings ranks #650 out of 729 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, GCS Holdings has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GCS Holdings' Cyclically Adjusted PS Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, GCS Holdings ranks #650 out of 729 companies for Cyclically Adjusted PS Ratio. This places GCS Holdings in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.12. GCS Holdings' value of 21.13 is 577.2% above this benchmark. Historically, GCS Holdings' own Cyclically Adjusted PS Ratio has ranged from 1.21 to 37.39 over the past decade. While the company's 10-year median is 1.82 vs. the industry median of 3.12, GCS Holdings 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 3.12, based on 729 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. GCS Holdings's current Cyclically Adjusted PS Ratio of 21.13 is 577.2% 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 GCS Holdings and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 3.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GCS Holdings's current Cyclically Adjusted PS Ratio is 21.13, which is 1061% above median its own 10-year median of 1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GCS Holdings stock overvalued right now?
Based on GuruFocus' analysis, GCS Holdings (ROCO:4991) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$113.20, compared to a current price of NT$460.00 — trading 306.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 21.13, which is 1061% above median its 10-year median of 1.82 and 577.2% above the Semiconductors industry median of 3.12. GCS Holdings' overall GF Score™ is 61/100. 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 GCS Holdings (ROCO:4991), the current Cyclically Adjusted PS Ratio is 21.13 as of Aug. 17, 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 GCS Holdings (ROCO:4991) Overvalued in 2026?

Based on GuruFocus' analysis, GCS Holdings stock appears to be overvalued. The current stock price of NT$460.00 is trading 306.4% above its estimated GF Value™ of NT$113.20. GuruFocus considers GCS Holdings to be Significantly Overvalued.

Key valuation signals for ROCO:4991:

  • Cyclically Adjusted PS Ratio: 21.13 (1061% above median its 10-year median of 1.82)
  • GF Value™: NT$113.20 vs. price of NT$460.00 (306.4% above fair value)
  • GF Score™: 61/100
  • Industry Position: 577.2% above the Semiconductors median (#650 of 729)

No single metric tells the full story. See the ROCO:4991 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GCS Holdings Business Description

Address 23155 Kashiwa Court, Torrance, CA, USA, 90505
GCS Holdings Inc through its subsidiaries, is engaged in the manufacturing of compound semiconductor wafers and foundry-related services as well as the licensing of intellectual property. It is also engaged in the research, development, manufacture, and sales of optoelectronics technology products. Its portfolio offerings include Radio Frequency Integrated Circuits (RFIC) and millimeter-wave integrated circuits for the wireless markets, power devices for power electronics, and Photodetectors and Lasers for the optical communications market. Geographically, the company generates a majority of its revenue from China and the rest from the United States, Taiwan, and other markets.
61GF Score

Get the complete analysis for ROCO:4991

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

NT$460.00
Price
NT$113.20
GF Value