Melexis NV (STU:MEX) Cyclically Adjusted PS Ratio: 3.63 (As of Jul. 17, 2026) — 43% Below Median

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STU:MEX Melexis NV STU:MEX
88 GF Score
Price €71.10
GF Value €67.65
Valuation Fairly Valued
! 5 Warning Signs
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What is Melexis NV Cyclically Adjusted PS Ratio?

Melexis NV STU:MEX -2.20% 88 Cyclically Adjusted PS Ratio is 3.63 as of Jul. 17, 2026, which is 43% below its 10-year median of 6.32. GuruFocus rates STU:MEX with a GF Score™ of 88/100 and a GF Value™ of €67.65 (Fairly Valued). The stock has 5 warning signs investors should review. Among 733 Semiconductors companies, Melexis NV ranks worse than 53.48% on this metric.

As of today (2026-07-17), Melexis NV's current share price is €71.10. Melexis NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €19.59. Melexis NV's Cyclically Adjusted PS Ratio for today is 3.63.

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

STU:MEX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.46   Med: 6.32   Max: 11.46
Current: 3.69

During the past years, Melexis NV's highest Cyclically Adjusted PS Ratio was 11.46. The lowest was 2.46. And the median was 6.32.

STU:MEX's Cyclically Adjusted PS Ratio is ranked worse than
53.48% of 733 companies
in the Semiconductors industry
Industry Median: 3.24 vs STU:MEX: 3.69

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.

Melexis NV's adjusted revenue per share data for the three months ended in Mar. 2026 was €4.988. 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 €19.59 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Melexis NV  (STU:MEX) 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.


Melexis NV Cyclically Adjusted PS Ratio Related Terms


Melexis NV Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Melexis NV'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.

Melexis NV Cyclically Adjusted PS Ratio Chart

Melexis NV 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 8.74 5.55 5.59 3.13 3.03

Melexis NV Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 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 3.13 2.80 3.89 3.03 2.72

STU:MEX vs NVDA, AVGO, MU: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, Melexis NV'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.


Melexis NV Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


STU:MEX
88GF Score
Melexis NV STU:MEX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Melexis NV 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.

Melexis NV's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=71.10/19.59
=3.63

* 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.

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

For example, Melexis NV'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)
=4.988/136.5600*136.5600
=4.988

Current CPI (Mar. 2026) = 136.5600.

Melexis NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 2.731 101.653 3.669
201606 2.767 102.267 3.695
201609 2.818 102.118 3.768
201612 2.965 102.614 3.946
201703 3.060 103.972 4.019
201706 3.165 103.902 4.160
201709 3.165 104.170 4.149
201712 3.275 104.804 4.267
201803 3.436 105.419 4.451
201806 3.529 106.063 4.544
201809 3.606 106.618 4.619
201812 3.484 107.252 4.436
201903 2.924 107.876 3.701
201906 2.925 107.896 3.702
201909 3.049 107.470 3.874
201912 3.141 108.065 3.969
202003 3.403 108.550 4.281
202006 2.484 108.540 3.125
202009 3.018 108.441 3.801
202012 3.622 108.511 4.558
202103 3.868 109.522 4.823
202106 3.942 110.305 4.880
202109 4.010 111.543 4.909
202112 4.115 114.705 4.899
202203 4.543 118.620 5.230
202206 5.168 120.948 5.835
202209 5.453 124.120 6.000
202212 5.541 126.578 5.978
202303 5.657 126.528 6.106
202306 5.837 125.973 6.328
202309 6.168 127.083 6.628
202312 6.183 128.292 6.581
202403 5.983 130.552 6.258
202406 5.965 130.691 6.233
202409 6.154 130.968 6.417
202412 4.860 132.346 5.015
202503 4.916 134.348 4.997
202506 4.935 133.495 5.048
202512 5.321 135.070 5.380
202603 4.988 136.560 4.988

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 3.63 mean?
Melexis NV (STU:MEX) has a Cyclically Adjusted PS Ratio of 3.63 as of Jul. 17, 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 Melexis NV and its competitors. This is 43% below median its historical median of 6.32. Over the past decade, Melexis NV's Cyclically Adjusted PS Ratio has ranged from 2.46 to 11.46. According to the industry distribution chart, Melexis NV ranks #392 out of 733 companies in the Semiconductors industry, placing it in the top 53.5%.
Is Melexis NV's Cyclically Adjusted PS Ratio too high?
Melexis NV's current Cyclically Adjusted PS Ratio of 3.63 is 43% below median its 10-year median of 6.32. Over the past 10 years, this metric has ranged from a low of 2.46 to a high of 11.46. The Semiconductors industry median Cyclically Adjusted PS Ratio is 3.24. Melexis NV's value of 3.63 is 12% above this industry median. Based on the distribution chart, Melexis NV ranks #392 out of 733 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Melexis NV has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Melexis NV's Cyclically Adjusted PS Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Melexis NV ranks #392 out of 733 companies for Cyclically Adjusted PS Ratio. This places Melexis NV in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.24. Melexis NV's value of 3.63 is 12% above this benchmark. Historically, Melexis NV's own Cyclically Adjusted PS Ratio has ranged from 2.46 to 11.46 over the past decade. While the company's 10-year median is 6.32 vs. the industry median of 3.24, Melexis NV 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 3.24, based on 733 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. Melexis NV's current Cyclically Adjusted PS Ratio of 3.63 is 12% 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 Melexis NV and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Melexis NV's current Cyclically Adjusted PS Ratio is 3.63, which is 43% below median its own 10-year median of 6.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Melexis NV stock overvalued right now?
Based on GuruFocus' analysis, Melexis NV (STU:MEX) is currently considered Fairly Valued. The stock's GF Value™ is €67.65, compared to a current price of €71.10 — trading 5.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.63, which is 43% below median its 10-year median of 6.32 and 12% above the Semiconductors industry median of 3.24. Melexis NV's overall GF Score™ is 88/100 with 5 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 Melexis NV (STU:MEX), the current Cyclically Adjusted PS Ratio is 3.63 as of Jul. 17, 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 Melexis NV (STU:MEX) Overvalued in 2026?

Based on GuruFocus' analysis, Melexis NV stock appears to be overvalued. The current stock price of €71.10 is trading 5.1% above its estimated GF Value™ of €67.65. GuruFocus considers Melexis NV to be Fairly Valued.

Key valuation signals for STU:MEX:

  • Cyclically Adjusted PS Ratio: 3.63 (43% below median its 10-year median of 6.32)
  • GF Value™: €67.65 vs. price of €71.10 (5.1% above fair value)
  • GF Score™: 88/100 with 5 warning signs
  • Industry Position: 12% above the Semiconductors median (#392 of 733)

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


Melexis NV Business Description

Address Rozendaalstraat 12, Ieper, BEL, B-8900
Melexis designs analog/mixed-signal automotive semiconductors for the automobile industry. Its chips measure position, temperature, electrical current, and pressure and convert real-world signals into digital signals to control car functionalities like the powertrain, rotation, safety systems, and pumps and fans, among others.
88GF Score

Get the complete analysis for STU:MEX

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

€71.10
Price
€67.65
GF Value