Gigabyte Technology Co (TPE:2376) Cyclically Adjusted PS Ratio: 1.36 (As of Sep. 15, 2026) — 28% Above Median

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TPE:2376 Gigabyte Technology Co Ltd TPE:2376
86 GF Score
Price NT$344.00
GF Value NT$458.03
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Gigabyte Technology Co Cyclically Adjusted PS Ratio?

Gigabyte Technology Co TPE:2376 -1.43% 86 Cyclically Adjusted PS Ratio is 1.36 as of Sep. 15, 2026, which is 28% above its 10-year median of 1.06. GuruFocus rates TPE:2376 with a GF Score™ of 86/100 and a GF Value™ of NT$458.03 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,977 Hardware companies, Gigabyte Technology Co ranks worse than 50.13% on this metric.

As of today (2026-09-15), Gigabyte Technology Co's current share price is NT$344.00. Gigabyte Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was NT$252.64. Gigabyte Technology Co's Cyclically Adjusted PS Ratio for today is 1.36.

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

TPE:2376' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.45   Med: 1.06   Max: 2.69
Current: 1.38

During the past years, Gigabyte Technology Co's highest Cyclically Adjusted PS Ratio was 2.69. The lowest was 0.45. And the median was 1.06.

TPE:2376's Cyclically Adjusted PS Ratio is ranked worse than
50.13% of 1977 companies
in the Hardware industry
Industry Median: 1.37 vs TPE:2376: 1.38

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.

Gigabyte Technology Co's adjusted revenue per share data for the three months ended in Jun. 2026 was NT$196.902. 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$252.64 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gigabyte Technology Co  (TPE:2376) 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.


Gigabyte Technology Co Cyclically Adjusted PS Ratio Related Terms


Gigabyte Technology Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Gigabyte Technology Co'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.

Gigabyte Technology Co Cyclically Adjusted PS Ratio Chart

Gigabyte Technology Co 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 1.39 0.84 1.88 1.57 1.16

Gigabyte Technology Co Quarterly Data
Sep21 Dec21 Mar22 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 1.43 1.45 1.16 0.96 1.36

TPE:2376 vs DELL, ANET, SNDK: Cyclically Adjusted PS Ratio Comparison

For the Computer Hardware subindustry, Gigabyte Technology Co'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.


Gigabyte Technology Co Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TPE:2376
86GF Score
Gigabyte Technology Co Ltd TPE:2376
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gigabyte Technology Co 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.

Gigabyte Technology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=344.00/252.64
=1.36

* 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.

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

For example, Gigabyte Technology Co'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)
=196.902/333.9520*333.9520
=196.902

Current CPI (Jun. 2026) = 333.9520.

Gigabyte Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 23.241 241.428 32.148
201612 18.807 241.432 26.014
201703 20.719 243.801 28.380
201706 21.795 244.955 29.714
201709 26.689 246.819 36.111
201712 23.295 246.524 31.556
201803 31.444 249.554 42.078
201806 22.178 251.989 29.392
201809 21.007 252.439 27.790
201812 19.671 251.233 26.148
201903 24.954 254.202 32.783
201906 19.222 256.143 25.061
201909 27.747 256.759 36.089
201912 24.253 256.974 31.518
202003 26.849 258.115 34.738
202006 32.618 257.797 42.254
202009 35.847 260.280 45.993
202012 36.194 260.474 46.404
202103 44.018 264.877 55.497
202106 49.410 271.696 60.732
202109 48.195 274.310 58.674
202112 47.947 278.802 57.431
202203 50.301 287.504 58.427
202206 35.317 296.311 39.803
202209 37.658 296.808 42.371
202212 43.240 296.797 48.653
202303 43.613 301.836 48.254
202306 41.131 305.109 45.019
202309 57.818 307.789 62.733
202312 68.389 306.746 74.455
202403 83.217 312.332 88.977
202406 113.067 314.175 120.184
202409 102.701 315.301 108.776
202412 89.672 315.605 94.885
202503 98.147 319.799 102.491
202506 152.649 322.561 158.040
202509 112.512 324.800 115.682
202512 121.881 324.054 125.604
202603 156.828 330.213 158.604
202606 196.902 333.952 196.902

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 1.36 mean?
Gigabyte Technology Co (TPE:2376) has a Cyclically Adjusted PS Ratio of 1.36 as of Sep. 15, 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 Gigabyte Technology Co and its competitors. This is 28% above median its historical median of 1.06. Over the past decade, Gigabyte Technology Co's Cyclically Adjusted PS Ratio has ranged from 0.45 to 2.69. According to the industry distribution chart, Gigabyte Technology Co ranks #991 out of 1977 companies in the Hardware industry, placing it in the top 50.1%.
Is Gigabyte Technology Co's Cyclically Adjusted PS Ratio too high?
Gigabyte Technology Co's current Cyclically Adjusted PS Ratio of 1.36 is 28% above median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 2.69. The Hardware industry median Cyclically Adjusted PS Ratio is 1.37. Gigabyte Technology Co's value of 1.36 is 0.7% below this industry median. Based on the distribution chart, Gigabyte Technology Co ranks #991 out of 1977 companies in the Hardware industry, which is below the industry midpoint. Overall, Gigabyte Technology Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gigabyte Technology Co's Cyclically Adjusted PS Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Gigabyte Technology Co ranks #991 out of 1977 companies for Cyclically Adjusted PS Ratio. This places Gigabyte Technology Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.37. Gigabyte Technology Co's value of 1.36 is 0.7% below this benchmark. Historically, Gigabyte Technology Co's own Cyclically Adjusted PS Ratio has ranged from 0.45 to 2.69 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 1.37, Gigabyte Technology Co has consistently been below 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.37, based on 1,977 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. Gigabyte Technology Co's current Cyclically Adjusted PS Ratio of 1.36 is 0.7% below 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 Gigabyte Technology Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gigabyte Technology Co's current Cyclically Adjusted PS Ratio is 1.36, which is 28% above median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gigabyte Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Gigabyte Technology Co (TPE:2376) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$458.03, compared to a current price of NT$344.00 — trading 24.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.36, which is 28% above median its 10-year median of 1.06 and 0.7% below the Hardware industry median of 1.37. Gigabyte Technology Co's overall GF Score™ is 86/100 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 Gigabyte Technology Co (TPE:2376), the current Cyclically Adjusted PS Ratio is 1.36 as of Sep. 15, 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 Gigabyte Technology Co (TPE:2376) Overvalued in 2026?

Based on GuruFocus' analysis, Gigabyte Technology Co stock appears to be undervalued. The current stock price of NT$344.00 is trading 24.9% below its estimated GF Value™ of NT$458.03. GuruFocus considers Gigabyte Technology Co to be Modestly Undervalued.

Key valuation signals for TPE:2376:

  • Cyclically Adjusted PS Ratio: 1.36 (28% above median its 10-year median of 1.06)
  • GF Value™: NT$458.03 vs. price of NT$344.00 (24.9% below fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 0.7% below the Hardware median (#991 of 1977)

No single metric tells the full story. See the TPE:2376 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gigabyte Technology Co Business Description

Address Baoqiang Road, No 6, Xindian District, New Taipei City, TWN, 231
Gigabyte Technology Co Ltd is a Taiwan-based company. Along with its subsidiaries, it is engaged in the manufacturing, processing, and trading of computer peripherals and parts. Its products include Motherboard, Graphics Card, Laptop, Monitor, Desktops, PC Peripherals, and PC Components. Geographically, the company generates a majority of its revenue from Europe, followed by the USA and Canada, Singapore, Japan, China, Malaysia, Taiwan, and Others. The company generates the majority of its revenue from the sale of Networking communication products.
86GF Score

Get the complete analysis for TPE:2376

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

NT$344.00
Price
NT$458.03
GF Value