Realtek Semiconductor (TPE:2379) Cyclically Adjusted PS Ratio: 3.96 (As of Jul. 26, 2026) — 20% Above Median

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.
Reviewed by: Charlie Tian Charlie Tian
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.

TPE:2379 Realtek Semiconductor Corp TPE:2379
86 GF Score
Price NT$744.00
GF Value NT$587.68
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Realtek Semiconductor Cyclically Adjusted PS Ratio?

Realtek Semiconductor TPE:2379 -0.13% 86 Cyclically Adjusted PS Ratio is 3.96 as of Jul. 26, 2026, which is 20% above its 10-year median of 3.29. GuruFocus rates TPE:2379 with a GF Score™ of 86/100 and a GF Value™ of NT$587.68 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 733 Semiconductors companies, Realtek Semiconductor ranks worse than 57.71% on this metric.

As of today (2026-07-26), Realtek Semiconductor's current share price is NT$744.00. Realtek Semiconductor's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$187.67. Realtek Semiconductor's Cyclically Adjusted PS Ratio for today is 3.96.

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

TPE:2379' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.98   Med: 3.29   Max: 6.45
Current: 3.96

During the past years, Realtek Semiconductor's highest Cyclically Adjusted PS Ratio was 6.45. The lowest was 1.98. And the median was 3.29.

TPE:2379's Cyclically Adjusted PS Ratio is ranked worse than
57.71% of 733 companies
in the Semiconductors industry
Industry Median: 2.93 vs TPE:2379: 3.96

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.

Realtek Semiconductor's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$69.812. 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$187.67 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Realtek Semiconductor  (TPE:2379) 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.


Realtek Semiconductor Cyclically Adjusted PS Ratio Related Terms


Realtek Semiconductor Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Realtek Semiconductor'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.

Realtek Semiconductor Cyclically Adjusted PS Ratio Chart

Realtek Semiconductor 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 5.55 2.22 3.32 3.55 2.72

Realtek Semiconductor 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 3.13 3.28 3.09 2.72 2.55

TPE:2379 vs NVDA, AVGO, MU: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, Realtek Semiconductor'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.


Realtek Semiconductor Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


TPE:2379
86GF Score
Realtek Semiconductor Corp TPE:2379
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Realtek Semiconductor 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.

Realtek Semiconductor's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=744.00/187.67
=3.96

* 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.

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

For example, Realtek Semiconductor'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)
=69.812/330.2130*330.2130
=69.812

Current CPI (Mar. 2026) = 330.2130.

Realtek Semiconductor Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 19.156 241.018 26.245
201609 20.175 241.428 27.594
201612 18.889 241.432 25.835
201703 19.426 243.801 26.311
201706 19.614 244.955 26.441
201709 21.543 246.819 28.822
201712 20.651 246.524 27.662
201803 20.616 249.554 27.279
201806 21.822 251.989 28.596
201809 23.626 252.439 30.905
201812 22.808 251.233 29.978
201903 24.839 254.202 32.266
201906 29.784 256.143 38.397
201909 31.462 256.759 40.463
201912 31.716 256.974 40.755
202003 31.057 258.115 39.732
202006 33.775 257.797 43.263
202009 43.669 260.280 55.402
202012 42.273 260.474 53.591
202103 45.122 264.877 56.252
202106 50.362 271.696 61.209
202109 56.395 274.310 67.888
202112 52.377 278.802 62.035
202203 56.817 287.504 65.257
202206 59.015 296.311 65.767
202209 57.534 296.808 64.009
202212 40.699 296.797 45.281
202303 37.618 301.836 41.155
202306 51.028 305.109 55.227
202309 51.865 307.789 55.644
202312 43.419 306.746 46.741
202403 49.507 312.332 52.341
202406 59.505 314.175 62.543
202409 59.678 315.301 62.500
202412 50.441 315.605 52.776
202503 67.256 319.799 69.446
202506 61.966 322.561 63.436
202509 57.283 324.800 58.238
202512 48.681 324.054 49.606
202603 69.812 330.213 69.812

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 3.96 mean?
Realtek Semiconductor (TPE:2379) has a Cyclically Adjusted PS Ratio of 3.96 as of Jul. 26, 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 Realtek Semiconductor and its competitors. This is 20% above median its historical median of 3.29. Over the past decade, Realtek Semiconductor's Cyclically Adjusted PS Ratio has ranged from 1.98 to 6.45. According to the industry distribution chart, Realtek Semiconductor ranks #423 out of 733 companies in the Semiconductors industry, placing it in the top 57.7%.
Is Realtek Semiconductor's Cyclically Adjusted PS Ratio too high?
Realtek Semiconductor's current Cyclically Adjusted PS Ratio of 3.96 is 20% above median its 10-year median of 3.29. Over the past 10 years, this metric has ranged from a low of 1.98 to a high of 6.45. The Semiconductors industry median Cyclically Adjusted PS Ratio is 2.93. Realtek Semiconductor's value of 3.96 is 35.2% above this industry median. Based on the distribution chart, Realtek Semiconductor ranks #423 out of 733 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Realtek Semiconductor has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Realtek Semiconductor's Cyclically Adjusted PS Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Realtek Semiconductor ranks #423 out of 733 companies for Cyclically Adjusted PS Ratio. This places Realtek Semiconductor in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.93. Realtek Semiconductor's value of 3.96 is 35.2% above this benchmark. Historically, Realtek Semiconductor's own Cyclically Adjusted PS Ratio has ranged from 1.98 to 6.45 over the past decade. While the company's 10-year median is 3.29 vs. the industry median of 2.93, Realtek Semiconductor 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 2.93, 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. Realtek Semiconductor's current Cyclically Adjusted PS Ratio of 3.96 is 35.2% 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 Realtek Semiconductor and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 2.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Realtek Semiconductor's current Cyclically Adjusted PS Ratio is 3.96, which is 20% above median its own 10-year median of 3.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Realtek Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, Realtek Semiconductor (TPE:2379) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$587.68, compared to a current price of NT$744.00 — trading 26.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.96, which is 20% above median its 10-year median of 3.29 and 35.2% above the Semiconductors industry median of 2.93. Realtek Semiconductor's overall GF Score™ is 86/100 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 Realtek Semiconductor (TPE:2379), the current Cyclically Adjusted PS Ratio is 3.96 as of Jul. 26, 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 Realtek Semiconductor (TPE:2379) Overvalued in 2026?

Based on GuruFocus' analysis, Realtek Semiconductor stock appears to be overvalued. The current stock price of NT$744.00 is trading 26.6% above its estimated GF Value™ of NT$587.68. GuruFocus considers Realtek Semiconductor to be Modestly Overvalued.

Key valuation signals for TPE:2379:

  • Cyclically Adjusted PS Ratio: 3.96 (20% above median its 10-year median of 3.29)
  • GF Value™: NT$587.68 vs. price of NT$744.00 (26.6% above fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 35.2% above the Semiconductors median (#423 of 733)

No single metric tells the full story. See the TPE:2379 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Realtek Semiconductor Business Description

Address No. 2, Innovation Road II, Hsinchu Science Park, Hsinchu, TWN, 300
Realtek Semiconductor Corp is engaged in researching, developing, manufacturing, and selling various integrated circuits and related application software. The products of the company include Connected Media ICs, Communications Network ICs, Computer Peripheral ICs, Multimedia ICs, Smart Interconnect ICs and others. The company derives maximum revenue from the Asian region followed by Taiwan.
86GF Score

Get the complete analysis for TPE:2379

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

NT$744.00
Price
NT$587.68
GF Value