Yield Microelectronics (ROCO:6423) Cyclically Adjusted PS Ratio: 12.39 (As of Aug. 31, 2026) — 27% 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:6423 Yield Microelectronics Corp ROCO:6423
86 GF Score
Price NT$80.90
GF Value NT$102.72
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Yield Microelectronics Cyclically Adjusted PS Ratio?

Yield Microelectronics ROCO:6423 -0.74% 86 Cyclically Adjusted PS Ratio is 12.39 as of Aug. 31, 2026, which is 27% below its 10-year median of 16.94. GuruFocus rates ROCO:6423 with a GF Score™ of 86/100 and a GF Value™ of NT$102.72 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 727 Semiconductors companies, Yield Microelectronics ranks worse than 81.71% on this metric.

As of today (2026-08-31), Yield Microelectronics's current share price is NT$80.90. Yield Microelectronics's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was NT$6.53. Yield Microelectronics's Cyclically Adjusted PS Ratio for today is 12.39.

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

ROCO:6423' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 12.36   Med: 16.94   Max: 30.06
Current: 12.38

During the past 13 years, Yield Microelectronics's highest Cyclically Adjusted PS Ratio was 30.06. The lowest was 12.36. And the median was 16.94.

ROCO:6423's Cyclically Adjusted PS Ratio is ranked worse than
81.71% of 727 companies
in the Semiconductors industry
Industry Median: 3.08 vs ROCO:6423: 12.38

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.

Yield Microelectronics's adjusted revenue per share data of for the fiscal year that ended in Dec25 was NT$7.754. 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$6.53 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yield Microelectronics  (ROCO:6423) 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.


Yield Microelectronics Cyclically Adjusted PS Ratio Related Terms


Yield Microelectronics Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Yield Microelectronics'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.

Yield Microelectronics Cyclically Adjusted PS Ratio Chart

Yield Microelectronics 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 33.69 17.17 22.41 16.11 12.95

Yield Microelectronics Quarterly Data
Dec20 Jun21 Dec21 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 0.00 0.00 12.95 0.00 0.00

ROCO:6423 vs NVDA, AVGO, MU: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, Yield Microelectronics'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.


Yield Microelectronics Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


ROCO:6423
86GF Score
Yield Microelectronics Corp ROCO:6423
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yield Microelectronics 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.

Yield Microelectronics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=80.90/6.53
=12.39

* 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.

Yield Microelectronics's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Yield Microelectronics's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=7.754/324.0540*324.0540
=7.754

Current CPI (Dec25) = 324.0540.

Yield Microelectronics Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 3.076 241.432 4.129
201712 3.435 246.524 4.515
201812 4.314 251.233 5.564
201912 4.879 256.974 6.153
202012 4.693 260.474 5.839
202112 6.142 278.802 7.139
202212 8.341 296.797 9.107
202312 6.837 306.746 7.223
202412 7.717 315.605 7.924
202512 7.754 324.054 7.754

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 12.39 mean?
Yield Microelectronics (ROCO:6423) has a Cyclically Adjusted PS Ratio of 12.39 as of Aug. 31, 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 Yield Microelectronics and its competitors. This is 27% below median its historical median of 16.94. Over the past decade, Yield Microelectronics' Cyclically Adjusted PS Ratio has ranged from 12.36 to 30.06. According to the industry distribution chart, Yield Microelectronics ranks #594 out of 727 companies in the Semiconductors industry, placing it in the top 81.7%.
Is Yield Microelectronics' Cyclically Adjusted PS Ratio too high?
Yield Microelectronics' current Cyclically Adjusted PS Ratio of 12.39 is 27% below median its 10-year median of 16.94. Over the past 10 years, this metric has ranged from a low of 12.36 to a high of 30.06. The Semiconductors industry median Cyclically Adjusted PS Ratio is 3.08. Yield Microelectronics' value of 12.39 is 302.3% above this industry median. Based on the distribution chart, Yield Microelectronics ranks #594 out of 727 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Yield Microelectronics has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Yield Microelectronics' Cyclically Adjusted PS Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Yield Microelectronics ranks #594 out of 727 companies for Cyclically Adjusted PS Ratio. This places Yield Microelectronics in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.08. Yield Microelectronics' value of 12.39 is 302.3% above this benchmark. Historically, Yield Microelectronics' own Cyclically Adjusted PS Ratio has ranged from 12.36 to 30.06 over the past decade. While the company's 10-year median is 16.94 vs. the industry median of 3.08, Yield Microelectronics 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 3.08, 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. Yield Microelectronics's current Cyclically Adjusted PS Ratio of 12.39 is 302.3% 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 Yield Microelectronics and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yield Microelectronics's current Cyclically Adjusted PS Ratio is 12.39, which is 27% below median its own 10-year median of 16.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yield Microelectronics stock overvalued right now?
Based on GuruFocus' analysis, Yield Microelectronics (ROCO:6423) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$102.72, compared to a current price of NT$80.90 — trading 21.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 12.39, which is 27% below median its 10-year median of 16.94 and 302.3% above the Semiconductors industry median of 3.08. Yield Microelectronics' overall GF Score™ is 86/100 with 6 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 Yield Microelectronics (ROCO:6423), the current Cyclically Adjusted PS Ratio is 12.39 as of Aug. 31, 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 Yield Microelectronics (ROCO:6423) Overvalued in 2026?

Based on GuruFocus' analysis, Yield Microelectronics stock appears to be undervalued. The current stock price of NT$80.90 is trading 21.2% below its estimated GF Value™ of NT$102.72. GuruFocus considers Yield Microelectronics to be Modestly Undervalued.

Key valuation signals for ROCO:6423:

  • Cyclically Adjusted PS Ratio: 12.39 (27% below median its 10-year median of 16.94)
  • GF Value™: NT$102.72 vs. price of NT$80.90 (21.2% below fair value)
  • GF Score™: 86/100 with 6 warning signs
  • Industry Position: 302.3% above the Semiconductors median (#594 of 727)

No single metric tells the full story. See the ROCO:6423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yield Microelectronics Business Description

Address 11th Floor-2, No. 12, Taiyuan 2nd. Street, Hsinchu County, Zhubei City, TWN
Yield Microelectronics Corp engages in the design, research and development, manufacturing, wholesale and retail, international trade, and intellectual property rights of electronic products. It operates in single segment. Geographically, it operates in Mainland China (including Hong Kong), Korea, Taiwan, Singapore, United States, and Others.
86GF Score

Get the complete analysis for ROCO:6423

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

NT$80.90
Price
NT$102.72
GF Value