Aspeed Technology (ROCO:5274) Cyclically Adjusted PS Ratio: 156.44 (As of Aug. 15, 2026) — 266% Above Median

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ROCO:5274 Aspeed Technology Inc ROCO:5274
94 GF Score
Price NT$17,690.00
GF Value NT$9,321.13
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Aspeed Technology Cyclically Adjusted PS Ratio?

Aspeed Technology ROCO:5274 +1.14% 94 Cyclically Adjusted PS Ratio is 156.44 as of Aug. 15, 2026, which is 266% above its 10-year median of 42.76. GuruFocus rates ROCO:5274 with a GF Score™ of 94/100 and a GF Value™ of NT$9,321.13 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 729 Semiconductors companies, Aspeed Technology ranks worse than 99.59% on this metric.

As of today (2026-08-15), Aspeed Technology's current share price is NT$17690.00. Aspeed Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$113.08. Aspeed Technology's Cyclically Adjusted PS Ratio for today is 156.44.

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

ROCO:5274' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 23.65   Med: 42.76   Max: 154.67
Current: 154.67

During the past years, Aspeed Technology's highest Cyclically Adjusted PS Ratio was 154.67. The lowest was 23.65. And the median was 42.76.

ROCO:5274's Cyclically Adjusted PS Ratio is ranked worse than
99.59% of 729 companies
in the Semiconductors industry
Industry Median: 3.02 vs ROCO:5274: 154.67

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.

Aspeed Technology's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$75.576. 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$113.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aspeed Technology  (ROCO:5274) 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.


Aspeed Technology Cyclically Adjusted PS Ratio Related Terms


Aspeed Technology Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Aspeed 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.

Aspeed Technology Cyclically Adjusted PS Ratio Chart

Aspeed Technology 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 61.74 24.76 40.85 35.99 63.12

Aspeed Technology 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 30.47 45.60 45.98 63.12 86.02

ROCO:5274 vs NVDA, AVGO, MU: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, Aspeed 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.


Aspeed Technology Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


ROCO:5274
94GF Score
Aspeed Technology Inc ROCO:5274
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aspeed 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.

Aspeed Technology's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17690.00/113.08
=156.44

* 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.

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

For example, Aspeed Technology'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)
=75.576/330.2130*330.2130
=75.576

Current CPI (Mar. 2026) = 330.2130.

Aspeed Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 7.837 241.018 10.737
201609 9.941 241.428 13.597
201612 9.670 241.432 13.226
201703 11.034 243.801 14.945
201706 10.842 244.955 14.616
201709 12.177 246.819 16.291
201712 12.031 246.524 16.115
201803 13.076 249.554 17.302
201806 13.302 251.989 17.431
201809 14.144 252.439 18.502
201812 11.699 251.233 15.377
201903 13.337 254.202 17.325
201906 12.705 256.143 16.379
201909 16.601 256.759 21.350
201912 17.484 256.974 22.467
202003 17.653 258.115 22.584
202006 21.764 257.797 27.878
202009 17.658 260.280 22.402
202012 16.787 260.474 21.282
202103 18.046 264.877 22.497
202106 22.053 271.696 26.803
202109 22.573 274.310 27.173
202112 24.790 278.802 29.361
202203 30.431 287.504 34.952
202206 34.199 296.311 38.112
202209 31.306 296.808 34.829
202212 31.517 296.797 35.065
202303 16.073 301.836 17.584
202306 16.359 305.109 17.705
202309 19.148 307.789 20.543
202312 23.627 306.746 25.435
202403 24.340 312.332 25.733
202406 32.579 314.175 34.242
202409 47.689 315.301 49.944
202412 50.273 315.605 52.600
202503 49.535 319.799 51.148
202506 53.663 322.561 54.936
202509 55.931 324.800 56.863
202512 58.753 324.054 59.870
202603 75.576 330.213 75.576

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 156.44 mean?
Aspeed Technology (ROCO:5274) has a Cyclically Adjusted PS Ratio of 156.44 as of Aug. 15, 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 Aspeed Technology and its competitors. This is 266% above median its historical median of 42.76. Over the past decade, Aspeed Technology's Cyclically Adjusted PS Ratio has ranged from 23.65 to 154.67. According to the industry distribution chart, Aspeed Technology ranks #726 out of 729 companies in the Semiconductors industry, placing it in the top 99.6%.
Is Aspeed Technology's Cyclically Adjusted PS Ratio too high?
Aspeed Technology's current Cyclically Adjusted PS Ratio of 156.44 is 266% above median its 10-year median of 42.76. Over the past 10 years, this metric has ranged from a low of 23.65 to a high of 154.67. The Semiconductors industry median Cyclically Adjusted PS Ratio is 3.02. Aspeed Technology's value of 156.44 is 5080.1% above this industry median. Based on the distribution chart, Aspeed Technology ranks #726 out of 729 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Aspeed Technology has a GF Score™ of 94/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aspeed Technology's Cyclically Adjusted PS Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Aspeed Technology ranks #726 out of 729 companies for Cyclically Adjusted PS Ratio. This places Aspeed Technology in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.02. Aspeed Technology's value of 156.44 is 5080.1% above this benchmark. Historically, Aspeed Technology's own Cyclically Adjusted PS Ratio has ranged from 23.65 to 154.67 over the past decade. While the company's 10-year median is 42.76 vs. the industry median of 3.02, Aspeed 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 3.02, 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. Aspeed Technology's current Cyclically Adjusted PS Ratio of 156.44 is 5080.1% 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 Aspeed Technology and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aspeed Technology's current Cyclically Adjusted PS Ratio is 156.44, which is 266% above median its own 10-year median of 42.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aspeed Technology stock overvalued right now?
Based on GuruFocus' analysis, Aspeed Technology (ROCO:5274) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$9,321.13, compared to a current price of NT$17,690.00 — trading 89.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 156.44, which is 266% above median its 10-year median of 42.76 and 5080.1% above the Semiconductors industry median of 3.02. Aspeed Technology's overall GF Score™ is 94/100 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 Aspeed Technology (ROCO:5274), the current Cyclically Adjusted PS Ratio is 156.44 as of Aug. 15, 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 Aspeed Technology (ROCO:5274) Overvalued in 2026?

Based on GuruFocus' analysis, Aspeed Technology stock appears to be overvalued. The current stock price of NT$17,690.00 is trading 89.8% above its estimated GF Value™ of NT$9,321.13. GuruFocus considers Aspeed Technology to be Significantly Overvalued.

Key valuation signals for ROCO:5274:

  • Cyclically Adjusted PS Ratio: 156.44 (266% above median its 10-year median of 42.76)
  • GF Value™: NT$9,321.13 vs. price of NT$17,690.00 (89.8% above fair value)
  • GF Score™: 94/100 with 4 warning signs
  • Industry Position: 5080.1% above the Semiconductors median (#726 of 729)

No single metric tells the full story. See the ROCO:5274 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aspeed Technology Business Description

Address Gongdao 5th Road, 4th Floor, No. 1, Section 3, East District, Hsinchu, TWN, 300042
Aspeed Technology Inc is an IC design house in Server Management, PC/AV extension solutions, Desktop Virtualization and security enhancement. The company is engaged in the manufacturing of electronic products, wholesale of information software, retail and service industry, international trade, intellectual property, product design, and other industrial and commercial services. It operates through Multimedia Integrated Circuits (ICs); Computer Peripherals Oriented ICs; and Other segments. The company generates maximum of its revenue from Multimedia Integrated Circuits (ICs) segment.
94GF Score

Get the complete analysis for ROCO:5274

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

NT$17,690.00
Price
NT$9,321.13
GF Value