Phison Electronics (ROCO:8299) Cyclically Adjusted PS Ratio: 6.47 (As of Aug. 07, 2026) — 287% Above Median

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ROCO:8299 Phison Electronics Corp ROCO:8299
83 GF Score
Price NT$2,025.00
GF Value NT$1,482.33
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Phison Electronics Cyclically Adjusted PS Ratio?

Phison Electronics ROCO:8299 +9.76% 83 Cyclically Adjusted PS Ratio is 6.47 as of Aug. 07, 2026, which is 287% above its 10-year median of 1.67. GuruFocus rates ROCO:8299 with a GF Score™ of 83/100 and a GF Value™ of NT$1,482.33 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 732 Semiconductors companies, Phison Electronics ranks worse than 63.52% on this metric.

As of today (2026-08-07), Phison Electronics's current share price is NT$2025.00. Phison Electronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$312.79. Phison Electronics's Cyclically Adjusted PS Ratio for today is 6.47.

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

ROCO:8299' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.67   Max: 8.47
Current: 4.84

During the past years, Phison Electronics's highest Cyclically Adjusted PS Ratio was 8.47. The lowest was 0.99. And the median was 1.67.

ROCO:8299's Cyclically Adjusted PS Ratio is ranked worse than
63.52% of 732 companies
in the Semiconductors industry
Industry Median: 2.83 vs ROCO:8299: 4.84

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.

Phison Electronics's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$176.791. 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$312.79 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Phison Electronics  (ROCO:8299) 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.


Phison Electronics Cyclically Adjusted PS Ratio Related Terms


Phison Electronics Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Phison 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.

Phison Electronics Cyclically Adjusted PS Ratio Chart

Phison 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 2.13 1.20 1.92 1.90 4.89

Phison 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 1.84 1.73 2.40 4.89 4.80

ROCO:8299 vs NVDA, AVGO, MU: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, Phison 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.


Phison Electronics Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


ROCO:8299
83GF Score
Phison Electronics Corp ROCO:8299
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Phison 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2025.00/312.79
=6.47

* 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.

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

For example, Phison 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)
=176.791/330.2130*330.2130
=176.791

Current CPI (Mar. 2026) = 330.2130.

Phison Electronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 52.687 241.018 72.185
201609 61.994 241.428 84.792
201612 55.305 241.432 75.642
201703 47.897 243.801 64.873
201706 52.952 244.955 71.382
201709 56.226 246.819 75.223
201712 52.913 246.524 70.876
201803 46.648 249.554 61.725
201806 52.055 251.989 68.214
201809 55.771 252.439 72.954
201812 50.280 251.233 66.086
201903 46.873 254.202 60.889
201906 49.464 256.143 63.768
201909 62.609 256.759 80.520
201912 65.908 256.974 84.692
202003 64.308 258.115 82.271
202006 54.949 257.797 70.384
202009 59.873 260.280 75.960
202012 61.434 260.474 77.882
202103 63.741 264.877 79.464
202106 78.985 271.696 95.997
202109 83.431 274.310 100.434
202112 83.023 278.802 98.332
202203 81.801 287.504 93.953
202206 78.595 296.311 87.587
202209 71.405 296.808 79.441
202212 60.217 296.797 66.997
202303 49.359 301.836 53.999
202306 49.955 305.109 54.065
202309 60.065 307.789 64.441
202312 73.691 306.746 79.329
202403 76.565 312.332 80.948
202406 71.077 314.175 74.705
202409 63.721 315.301 66.735
202412 55.214 315.605 57.770
202503 62.677 319.799 64.718
202506 83.374 322.561 85.352
202509 81.577 324.800 82.937
202512 101.695 324.054 103.628
202603 176.791 330.213 176.791

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 6.47 mean?
Phison Electronics (ROCO:8299) has a Cyclically Adjusted PS Ratio of 6.47 as of Aug. 07, 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 Phison Electronics and its competitors. This is 287% above median its historical median of 1.67. Over the past decade, Phison Electronics' Cyclically Adjusted PS Ratio has ranged from 0.99 to 8.47. According to the industry distribution chart, Phison Electronics ranks #465 out of 732 companies in the Semiconductors industry, placing it in the top 63.5%.
Is Phison Electronics' Cyclically Adjusted PS Ratio too high?
Phison Electronics' current Cyclically Adjusted PS Ratio of 6.47 is 287% above median its 10-year median of 1.67. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 8.47. The Semiconductors industry median Cyclically Adjusted PS Ratio is 2.83. Phison Electronics' value of 6.47 is 128.6% above this industry median. Based on the distribution chart, Phison Electronics ranks #465 out of 732 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Phison Electronics has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Phison Electronics' Cyclically Adjusted PS Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Phison Electronics ranks #465 out of 732 companies for Cyclically Adjusted PS Ratio. This places Phison Electronics in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.83. Phison Electronics' value of 6.47 is 128.6% above this benchmark. Historically, Phison Electronics' own Cyclically Adjusted PS Ratio has ranged from 0.99 to 8.47 over the past decade. While the company's 10-year median is 1.67 vs. the industry median of 2.83, Phison Electronics 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 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. Phison Electronics's current Cyclically Adjusted PS Ratio of 6.47 is 128.6% 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 Phison 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. Phison Electronics's current Cyclically Adjusted PS Ratio is 6.47, which is 287% above median its own 10-year median of 1.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phison Electronics stock overvalued right now?
Based on GuruFocus' analysis, Phison Electronics (ROCO:8299) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$1,482.33, compared to a current price of NT$2,025.00 — trading 36.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.47, which is 287% above median its 10-year median of 1.67 and 128.6% above the Semiconductors industry median of 2.83. Phison Electronics' overall GF Score™ is 83/100 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 Phison Electronics (ROCO:8299), the current Cyclically Adjusted PS Ratio is 6.47 as of Aug. 07, 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 Phison Electronics (ROCO:8299) Overvalued in 2026?

Based on GuruFocus' analysis, Phison Electronics stock appears to be overvalued. The current stock price of NT$2,025.00 is trading 36.6% above its estimated GF Value™ of NT$1,482.33. GuruFocus considers Phison Electronics to be Significantly Overvalued.

Key valuation signals for ROCO:8299:

  • Cyclically Adjusted PS Ratio: 6.47 (287% above median its 10-year median of 1.67)
  • GF Value™: NT$1,482.33 vs. price of NT$2,025.00 (36.6% above fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 128.6% above the Semiconductors median (#465 of 732)

No single metric tells the full story. See the ROCO:8299 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Phison Electronics Business Description

Address Fuxing 1st Street, 10F-6, No.251, Zhubei City, Hsinchu County, TWN, 302
Phison Electronics Corp is a Taiwan-based company engaged in designing and manufacturing flash memory controllers and peripheral system applications. Its product portfolio includes Flash memory module products, Controllers, Integrated circuits, and Others. Geographically, the company has a presence in Asia, America, Europe, Australia, and Others in which key revenue is derived from Asia.
83GF Score

Get the complete analysis for ROCO:8299

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

NT$2,025.00
Price
NT$1,482.33
GF Value