AVID Electronics (ROCO:6103) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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.
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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
72 GF Score
Price NT$38.95
GF Value NT$56.44
Valuation Significantly Undervalued
! 2 Warning Signs
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What is AVID Electronics Cyclically Adjusted PS Ratio?

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
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.35 0.33 0.39 0.30

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
72GF 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 Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, AVID Electronics's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.229/333.9520*333.9520
=1.229

Current CPI (Jun. 2026) = 333.9520.

AVID Electronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 42.667 241.428 59.019
201612 47.428 241.432 65.603
201703 46.069 243.801 63.104
201706 56.900 244.955 77.573
201709 56.770 246.819 76.811
201712 56.461 246.524 76.484
201803 54.067 249.554 72.352
201806 55.406 251.989 73.428
201809 55.634 252.439 73.598
201812 64.955 251.233 86.342
201903 58.925 254.202 77.411
201906 60.678 256.143 79.110
201909 67.731 256.759 88.094
201912 32.049 256.974 41.649
202003 0.408 258.115 0.528
202006 0.360 257.797 0.466
202009 0.444 260.280 0.570
202012 0.372 260.474 0.477
202103 0.287 264.877 0.362
202106 0.455 271.696 0.559
202109 0.315 274.310 0.383
202112 0.720 278.802 0.862
202203 1.011 287.504 1.174
202206 1.241 296.311 1.399
202209 2.020 296.808 2.273
202212 1.415 296.797 1.592
202303 0.904 301.836 1.000
202306 0.981 305.109 1.074
202309 0.952 307.789 1.033
202312 0.701 306.746 0.763
202403 0.631 312.332 0.675
202406 1.012 314.175 1.076
202409 1.338 315.301 1.417
202412 1.053 315.605 1.114
202503 1.952 319.799 2.038
202506 1.317 322.561 1.364
202509 1.807 324.800 1.858
202512 1.654 324.054 1.705
202603 1.894 330.213 1.915
202606 1.229 333.952 1.229

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.

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$38.95 is trading 31% below its estimated GF Value™ of NT$56.44. GuruFocus considers AVID Electronics to be Significantly Undervalued.

Key valuation signals for ROCO:6103:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: NT$56.44 vs. price of NT$38.95 (31% below fair value)
  • GF Score™: 72/100 with 2 warning signs

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.
72GF 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$38.95
Price
NT$56.44
GF Value