Asti Holdings (SGX:575) Cyclically Adjusted PS Ratio: (As of Sep. 04, 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.

SGX:575 Asti Holdings Ltd SGX:575
33 GF Score
Price S$0.11
GF Value S$0.01
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Asti Holdings Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Asti Holdings  (SGX:575) 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.


Asti Holdings Cyclically Adjusted PS Ratio Related Terms


Asti Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Asti Holdings'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.

Asti Holdings Cyclically Adjusted PS Ratio Chart

Asti Holdings 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 0.00 0.00 0.00 0.08 0.08

Asti Holdings Quarterly Data
Jun19 Sep19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.08 0.08 0.08 0.08 0.00

SGX:575 vs LRCX, AMAT, KLAC: Cyclically Adjusted PS Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, Asti Holdings'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.


Asti Holdings Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


SGX:575
33GF Score
Asti Holdings Ltd SGX:575
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asti Holdings 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.

Asti Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Asti Holdings'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)
=0/333.9520*333.9520
=0.000

Current CPI (Jun. 2026) = 333.9520.

Asti Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.055 238.343 0.077
201409 0.059 238.031 0.083
201412 0.052 234.812 0.074
201503 0.051 236.119 0.072
201506 0.043 238.638 0.060
201509 0.041 237.945 0.058
201512 0.042 236.525 0.059
201603 0.050 238.132 0.070
201606 0.065 241.018 0.090
201609 0.055 241.428 0.076
201612 0.047 241.432 0.065
201703 0.037 243.801 0.051
201706 0.051 244.955 0.070
201709 0.025 246.819 0.034
201712 0.025 246.524 0.034
201803 0.021 249.554 0.028
201806 0.022 251.989 0.029
201809 0.024 252.439 0.032
201812 0.029 251.233 0.039
201903 0.027 254.202 0.035
201906 0.027 256.143 0.035
201909 0.024 256.759 0.031
201912 0.023 256.974 0.030
202006 0.000 257.797 0.000
202012 0.000 260.474 0.000
202106 0.000 271.696 0.000
202112 0.000 278.802 0.000
202206 0.000 296.311 0.000
202212 0.000 296.797 0.000
202306 0.000 305.109 0.000
202312 0.000 306.746 0.000
202403 0.013 312.332 0.014
202406 0.011 314.175 0.012
202409 0.012 315.301 0.013
202412 0.013 315.605 0.014
202503 0.012 319.799 0.013
202506 0.014 322.561 0.014
202509 0.015 324.800 0.015
202512 0.015 324.054 0.015
202606 0.000 333.952 0.000

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 Asti Holdings (SGX:575) Overvalued in 2026?

Based on GuruFocus' analysis, Asti Holdings stock appears to be overvalued. The current stock price of S$0.11 is trading 1030% above its estimated GF Value™ of S$0.01. GuruFocus considers Asti Holdings to be Significantly Overvalued.

Key valuation signals for SGX:575:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: S$0.01 vs. price of S$0.11 (1030% above fair value)
  • GF Score™: 33/100 with 4 warning signs

No single metric tells the full story. See the SGX:575 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asti Holdings Business Description

Address 33 Ubi Avenue 3, Number 06-72 Vertex, Singapore, SGP, 408868
Asti Holdings Ltd is an investment holding company. The Group focuses on high-growth opportunities in the semiconductor and modern technology sectors and owns one of the world's vast Semiconductor Manufacturing Services Providers, serving world-wide OEMs, contract manufacturers, and component distributors with Tape & Reel packaging, tape making, and IC programming services.
33GF Score

Get the complete analysis for SGX:575

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

S$0.11
Price
S$0.01
GF Value