Rectron (TPE:2302) Cyclically Adjusted PS Ratio: 8.99 (As of Jul. 23, 2026) — 124% Above Median

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TPE:2302 Rectron Ltd TPE:2302
64 GF Score
Price NT$42.45
GF Value NT$19.49
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Rectron Cyclically Adjusted PS Ratio?

Rectron TPE:2302 -2.53% 64 Cyclically Adjusted PS Ratio is 8.99 as of Jul. 23, 2026, which is 124% above its 10-year median of 4.02. GuruFocus rates TPE:2302 with a GF Score™ of 64/100 and a GF Value™ of NT$19.49 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 733 Semiconductors companies, Rectron ranks worse than 75.58% on this metric.

As of today (2026-07-23), Rectron's current share price is NT$42.45. Rectron's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$4.72. Rectron's Cyclically Adjusted PS Ratio for today is 8.99.

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

TPE:2302' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.13   Med: 4.02   Max: 11.02
Current: 8.55

During the past years, Rectron's highest Cyclically Adjusted PS Ratio was 11.02. The lowest was 1.13. And the median was 4.02.

TPE:2302's Cyclically Adjusted PS Ratio is ranked worse than
75.58% of 733 companies
in the Semiconductors industry
Industry Median: 2.98 vs TPE:2302: 8.55

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.

Rectron's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$1.270. 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$4.72 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rectron  (TPE:2302) 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.


Rectron Cyclically Adjusted PS Ratio Related Terms


Rectron Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Rectron'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.

Rectron Cyclically Adjusted PS Ratio Chart

Rectron 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 4.22 3.85 4.18 4.17 3.73

Rectron Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 4.17 4.33 3.37 3.69 3.73

TPE:2302 vs AMAT, LRCX, KLAC: Cyclically Adjusted PS Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, Rectron'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.


Rectron Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


TPE:2302
64GF Score
Rectron Ltd TPE:2302
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rectron 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.

Rectron's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=42.45/4.72
=8.99

* 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.

Rectron's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Rectron's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=1.27/324.0540*324.0540
=1.270

Current CPI (Dec. 2025) = 324.0540.

Rectron Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 0.763 238.132 1.038
201606 0.854 241.018 1.148
201609 0.777 241.428 1.043
201612 0.748 241.432 1.004
201703 0.624 243.801 0.829
201706 0.664 244.955 0.878
201709 0.683 246.819 0.897
201712 0.793 246.524 1.042
201803 0.712 249.554 0.925
201806 0.858 251.989 1.103
201809 0.749 252.439 0.961
201812 0.786 251.233 1.014
201903 0.667 254.202 0.850
201906 0.780 256.143 0.987
201909 0.873 256.759 1.102
201912 0.770 256.974 0.971
202003 0.595 258.115 0.747
202006 0.881 257.797 1.107
202009 1.192 260.280 1.484
202012 1.915 260.474 2.382
202103 0.984 264.877 1.204
202106 1.158 271.696 1.381
202109 1.236 274.310 1.460
202112 1.098 278.802 1.276
202203 1.181 287.504 1.331
202206 1.309 296.311 1.432
202209 1.453 296.808 1.586
202212 1.348 296.797 1.472
202303 1.008 301.836 1.082
202306 1.295 305.109 1.375
202309 1.119 307.789 1.178
202312 0.863 306.746 0.912
202403 0.887 312.332 0.920
202406 1.215 314.175 1.253
202409 1.204 315.301 1.237
202412 1.231 315.605 1.264
202503 1.281 319.799 1.298
202506 1.330 322.561 1.336
202509 1.370 324.800 1.367
202512 1.270 324.054 1.270

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 8.99 mean?
Rectron (TPE:2302) has a Cyclically Adjusted PS Ratio of 8.99 as of Jul. 23, 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 Rectron and its competitors. This is 124% above median its historical median of 4.02. Over the past decade, Rectron's Cyclically Adjusted PS Ratio has ranged from 1.13 to 11.02. According to the industry distribution chart, Rectron ranks #554 out of 733 companies in the Semiconductors industry, placing it in the top 75.6%.
Is Rectron's Cyclically Adjusted PS Ratio too high?
Rectron's current Cyclically Adjusted PS Ratio of 8.99 is 124% above median its 10-year median of 4.02. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 11.02. The Semiconductors industry median Cyclically Adjusted PS Ratio is 2.98. Rectron's value of 8.99 is 201.7% above this industry median. Based on the distribution chart, Rectron ranks #554 out of 733 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Rectron has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rectron's Cyclically Adjusted PS Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Rectron ranks #554 out of 733 companies for Cyclically Adjusted PS Ratio. This places Rectron in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.98. Rectron's value of 8.99 is 201.7% above this benchmark. Historically, Rectron's own Cyclically Adjusted PS Ratio has ranged from 1.13 to 11.02 over the past decade. While the company's 10-year median is 4.02 vs. the industry median of 2.98, Rectron 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 2.98, 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. Rectron's current Cyclically Adjusted PS Ratio of 8.99 is 201.7% 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 Rectron and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 2.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rectron's current Cyclically Adjusted PS Ratio is 8.99, which is 124% above median its own 10-year median of 4.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rectron stock overvalued right now?
Based on GuruFocus' analysis, Rectron (TPE:2302) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$19.49, compared to a current price of NT$42.45 — trading 117.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 8.99, which is 124% above median its 10-year median of 4.02 and 201.7% above the Semiconductors industry median of 2.98. Rectron's overall GF Score™ is 64/100 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 Rectron (TPE:2302), the current Cyclically Adjusted PS Ratio is 8.99 as of Jul. 23, 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 Rectron (TPE:2302) Overvalued in 2026?

Based on GuruFocus' analysis, Rectron stock appears to be overvalued. The current stock price of NT$42.45 is trading 117.8% above its estimated GF Value™ of NT$19.49. GuruFocus considers Rectron to be Significantly Overvalued.

Key valuation signals for TPE:2302:

  • Cyclically Adjusted PS Ratio: 8.99 (124% above median its 10-year median of 4.02)
  • GF Value™: NT$19.49 vs. price of NT$42.45 (117.8% above fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 201.7% above the Semiconductors median (#554 of 733)

No single metric tells the full story. See the TPE:2302 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rectron Business Description

Address No. 71, Zhongshan Road, Tucheng District, New Taipei City, TWN
Rectron Ltd is engaged in manufacturing and distributing silicon rectifiers and semiconductor components, rental and sale of real estate, trading of wines, and manufacturing and sale of medical equipment. The Group's reportable segments are: Electronics, Real Estate Investment, Medical Equipment, and Wine Trading. The majority of its revenue is generated from the Electronics segment, which is engaged in the manufacturing and sales of various rectifiers and other semiconductor components such as rectifier diodes, ESD Diodes, high-efficiency diodes, fast recovery diodes, bridge rectifiers, and transient voltage suppressors, among others. Geographically, the Group generates maximum revenue from China, followed by the Americas, Taiwan, Europe, and other regions.
64GF Score

Get the complete analysis for TPE:2302

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

NT$42.45
Price
NT$19.49
GF Value