AVID Electronics (ROCO:6103) Cyclically Adjusted PS Ratio: 0.26 (As of Aug. 06, 2026) — 37% Below 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:6103 AVID Electronics Corp ROCO:6103
62 GF Score
Price NT$28.50
GF Value NT$57.24
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is AVID Electronics Cyclically Adjusted PS Ratio?

AVID Electronics ROCO:6103 62 Cyclically Adjusted PS Ratio is 0.26 as of Aug. 06, 2026, which is 37% below its 10-year median of 0.41. GuruFocus rates ROCO:6103 with a GF Score™ of 62/100 and a GF Value™ of NT$57.24 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 732 Semiconductors companies, AVID Electronics ranks better than 93.17% on this metric.

As of today (2026-08-06), AVID Electronics's current share price is NT$28.50. AVID Electronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$107.66. AVID Electronics's Cyclically Adjusted PS Ratio for today is 0.26.

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

ROCO:6103' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.41   Max: 0.87
Current: 0.26

During the past years, AVID Electronics's highest Cyclically Adjusted PS Ratio was 0.87. The lowest was 0.26. And the median was 0.41.

ROCO:6103's Cyclically Adjusted PS Ratio is ranked better than
93.17% of 732 companies
in the Semiconductors industry
Industry Median: 2.83 vs ROCO:6103: 0.26

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.

AVID Electronics's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$1.856. 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$107.66 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AVID Electronics  (ROCO:6103) 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.


AVID Electronics Cyclically Adjusted PS Ratio Related Terms


AVID Electronics Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for AVID Electronics'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.

AVID Electronics Cyclically Adjusted PS Ratio Chart

AVID Electronics 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 0.55 0.40 0.35 0.44 0.33

AVID Electronics 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 0.41 0.41 0.35 0.33 0.39

ROCO:6103 vs NVDA, AVGO, MU: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, AVID Electronics'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.


AVID Electronics Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


ROCO:6103
62GF Score
AVID Electronics Corp ROCO:6103
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AVID Electronics 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.

AVID Electronics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=28.50/107.66
=0.26

* 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.

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

For example, AVID Electronics'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)
=1.856/330.2130*330.2130
=1.856

Current CPI (Mar. 2026) = 330.2130.

AVID Electronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 37.783 241.018 51.766
201609 42.668 241.428 58.359
201612 47.429 241.432 64.870
201703 46.070 243.801 62.399
201706 60.988 244.955 82.215
201709 55.059 246.819 73.662
201712 56.461 246.524 75.628
201803 54.068 249.554 71.543
201806 55.824 251.989 73.153
201809 54.591 252.439 71.410
201812 64.956 251.233 85.376
201903 58.925 254.202 76.545
201906 62.426 256.143 80.478
201909 62.579 256.759 80.482
201912 32.063 256.974 41.201
202003 0.408 258.115 0.522
202006 0.340 257.797 0.436
202009 0.444 260.280 0.563
202012 0.352 260.474 0.446
202103 0.287 264.877 0.358
202106 0.459 271.696 0.558
202109 0.304 274.310 0.366
202112 0.720 278.802 0.853
202203 1.011 287.504 1.161
202206 1.213 296.311 1.352
202209 2.011 296.808 2.237
202212 1.415 296.797 1.574
202303 0.904 301.836 0.989
202306 1.219 305.109 1.319
202309 0.944 307.789 1.013
202312 0.701 306.746 0.755
202403 0.631 312.332 0.667
202406 1.023 314.175 1.075
202409 1.410 315.301 1.477
202412 1.053 315.605 1.102
202503 1.952 319.799 2.016
202506 1.316 322.561 1.347
202509 1.796 324.800 1.826
202512 1.654 324.054 1.685
202603 1.856 330.213 1.856

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 0.26 mean?
AVID Electronics (ROCO:6103) has a Cyclically Adjusted PS Ratio of 0.26 as of Aug. 06, 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 AVID Electronics and its competitors. This is 37% below median its historical median of 0.41. Over the past decade, AVID Electronics' Cyclically Adjusted PS Ratio has ranged from 0.26 to 0.87. According to the industry distribution chart, AVID Electronics ranks #50 out of 732 companies in the Semiconductors industry, placing it in the top 6.8%.
Is AVID Electronics' Cyclically Adjusted PS Ratio too high?
AVID Electronics' current Cyclically Adjusted PS Ratio of 0.26 is 37% below median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 0.87. The Semiconductors industry median Cyclically Adjusted PS Ratio is 2.83. AVID Electronics' value of 0.26 is 90.8% below this industry median. Based on the distribution chart, AVID Electronics ranks #50 out of 732 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, AVID Electronics has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AVID Electronics' Cyclically Adjusted PS Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, AVID Electronics ranks #50 out of 732 companies for Cyclically Adjusted PS Ratio. This places AVID Electronics in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 2.83. AVID Electronics' value of 0.26 is 90.8% below this benchmark. Historically, AVID Electronics' own Cyclically Adjusted PS Ratio has ranged from 0.26 to 0.87 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 2.83, AVID Electronics 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 2.83, based on 732 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. AVID Electronics's current Cyclically Adjusted PS Ratio of 0.26 is 90.8% 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 AVID Electronics and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 2.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AVID Electronics's current Cyclically Adjusted PS Ratio is 0.26, which is 37% below median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AVID Electronics stock overvalued right now?
Based on GuruFocus' analysis, AVID Electronics (ROCO:6103) is currently considered Possible Value Trap. The stock's GF Value™ is NT$57.24, compared to a current price of NT$28.50 — trading 50.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.26, which is 37% below median its 10-year median of 0.41 and 90.8% below the Semiconductors industry median of 2.83. AVID Electronics' overall GF Score™ is 62/100 with 3 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 AVID Electronics (ROCO:6103), the current Cyclically Adjusted PS Ratio is 0.26 as of Aug. 06, 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 AVID Electronics (ROCO:6103) Overvalued in 2026?

Based on GuruFocus' analysis, AVID Electronics stock appears to be undervalued. The current stock price of NT$28.50 is trading 50.2% below its estimated GF Value™ of NT$57.24. GuruFocus considers AVID Electronics to be Possible Value Trap.

Key valuation signals for ROCO:6103:

  • Cyclically Adjusted PS Ratio: 0.26 (37% below median its 10-year median of 0.41)
  • GF Value™: NT$57.24 vs. price of NT$28.50 (50.2% below fair value)
  • GF Score™: 62/100 with 3 warning signs
  • Industry Position: 90.8% below the Semiconductors median (#50 of 732)

No single metric tells the full story. See the ROCO:6103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AVID Electronics Business Description

Address 8 Floor, No.11, Park Avenue II, Hsinchu Science Park, Hsinchu City, TWN, 300
AVID Electronics Corp designs and sells homemade Integrated Circuit solutions in Taiwan. The company provides integrated circuits for CD Discman, CD Boom box, Flash Memory Player Single Chip, audio power amplifier product line, wireless audio/speaker product line and LED lighting driver product line.
62GF Score

Get the complete analysis for ROCO:6103

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

NT$28.50
Price
NT$57.24
GF Value