Sunplus Technology Co (TPE:2401) Cyclically Adjusted PS Ratio: 1.94 (As of Jul. 28, 2026) — 11% Above Median

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TPE:2401 Sunplus Technology Co Ltd TPE:2401
67 GF Score
Price NT$25.85
GF Value NT$27.74
Valuation Fairly Valued
! 4 Warning Signs
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What is Sunplus Technology Co Cyclically Adjusted PS Ratio?

Sunplus Technology Co TPE:2401 -5.83% 67 Cyclically Adjusted PS Ratio is 1.94 as of Jul. 28, 2026, which is 11% above its 10-year median of 1.74. GuruFocus rates TPE:2401 with a GF Score™ of 67/100 and a GF Value™ of NT$27.74 (Fairly Valued). The stock has 4 warning signs investors should review. Among 732 Semiconductors companies, Sunplus Technology Co ranks better than 59.02% on this metric.

As of today (2026-07-28), Sunplus Technology Co's current share price is NT$25.85. Sunplus Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$13.31. Sunplus Technology Co's Cyclically Adjusted PS Ratio for today is 1.94.

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

TPE:2401' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.53   Med: 1.74   Max: 3.21
Current: 2.11

During the past years, Sunplus Technology Co's highest Cyclically Adjusted PS Ratio was 3.21. The lowest was 0.53. And the median was 1.74.

TPE:2401's Cyclically Adjusted PS Ratio is ranked better than
59.02% of 732 companies
in the Semiconductors industry
Industry Median: 2.945 vs TPE:2401: 2.11

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.

Sunplus Technology Co's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$2.544. 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$13.31 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sunplus Technology Co  (TPE:2401) 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.


Sunplus Technology Co Cyclically Adjusted PS Ratio Related Terms


Sunplus Technology Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sunplus 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.

Sunplus Technology Co Cyclically Adjusted PS Ratio Chart

Sunplus 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 2.74 1.55 2.45 2.22 1.49

Sunplus Technology Co 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 2.22 1.75 1.38 1.71 1.49

TPE:2401 vs NVDA, AVGO, MU: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, Sunplus 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.


Sunplus Technology Co Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


TPE:2401
67GF Score
Sunplus Technology Co Ltd TPE:2401
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sunplus 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=25.85/13.31
=1.94

* 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.

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

For example, Sunplus Technology Co'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)
=2.544/324.0540*324.0540
=2.544

Current CPI (Dec. 2025) = 324.0540.

Sunplus Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 3.060 238.132 4.164
201606 3.570 241.018 4.800
201609 3.195 241.428 4.288
201612 3.046 241.432 4.088
201703 2.511 243.801 3.338
201706 3.249 244.955 4.298
201709 3.186 246.819 4.183
201712 2.825 246.524 3.713
201803 2.429 249.554 3.154
201806 2.925 251.989 3.762
201809 2.700 252.439 3.466
201812 2.220 251.233 2.863
201903 2.005 254.202 2.556
201906 2.459 256.143 3.111
201909 2.511 256.759 3.169
201912 2.206 256.974 2.782
202003 1.758 258.115 2.207
202006 2.643 257.797 3.322
202009 3.392 260.280 4.223
202012 3.189 260.474 3.967
202103 2.885 264.877 3.530
202106 3.535 271.696 4.216
202109 3.603 274.310 4.256
202112 3.444 278.802 4.003
202203 3.591 287.504 4.048
202206 3.597 296.311 3.934
202209 2.164 296.808 2.363
202212 1.987 296.797 2.169
202303 2.028 301.836 2.177
202306 2.397 305.109 2.546
202309 2.635 307.789 2.774
202312 2.342 306.746 2.474
202403 2.289 312.332 2.375
202406 3.038 314.175 3.134
202409 3.990 315.301 4.101
202412 2.571 315.605 2.640
202503 2.621 319.799 2.656
202506 3.035 322.561 3.049
202509 2.696 324.800 2.690
202512 2.544 324.054 2.544

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 1.94 mean?
Sunplus Technology Co (TPE:2401) has a Cyclically Adjusted PS Ratio of 1.94 as of Jul. 28, 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 Sunplus Technology Co and its competitors. This is 11% above median its historical median of 1.74. Over the past decade, Sunplus Technology Co's Cyclically Adjusted PS Ratio has ranged from 0.53 to 3.21. According to the industry distribution chart, Sunplus Technology Co ranks #300 out of 732 companies in the Semiconductors industry, placing it in the top 41%.
Is Sunplus Technology Co's Cyclically Adjusted PS Ratio too high?
Sunplus Technology Co's current Cyclically Adjusted PS Ratio of 1.94 is 11% above median its 10-year median of 1.74. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 3.21. The Semiconductors industry median Cyclically Adjusted PS Ratio is 2.95. Sunplus Technology Co's value of 1.94 is 34.1% below this industry median. Based on the distribution chart, Sunplus Technology Co ranks #300 out of 732 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Sunplus Technology Co has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sunplus Technology Co's Cyclically Adjusted PS Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Sunplus Technology Co ranks #300 out of 732 companies for Cyclically Adjusted PS Ratio. This puts Sunplus Technology Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.95. Sunplus Technology Co's value of 1.94 is 34.1% below this benchmark. Historically, Sunplus Technology Co's own Cyclically Adjusted PS Ratio has ranged from 0.53 to 3.21 over the past decade. While the company's 10-year median is 1.74 vs. the industry median of 2.95, Sunplus 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 Semiconductors company?
The median Cyclically Adjusted PS Ratio among Semiconductors companies is 2.95, based on 732 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. Sunplus Technology Co's current Cyclically Adjusted PS Ratio of 1.94 is 34.1% 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 Sunplus Technology Co and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 2.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunplus Technology Co's current Cyclically Adjusted PS Ratio is 1.94, which is 11% above median its own 10-year median of 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunplus Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Sunplus Technology Co (TPE:2401) is currently considered Fairly Valued. The stock's GF Value™ is NT$27.74, compared to a current price of NT$25.85 — trading 6.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.94, which is 11% above median its 10-year median of 1.74 and 34.1% below the Semiconductors industry median of 2.95. Sunplus Technology Co's overall GF Score™ is 67/100 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 Sunplus Technology Co (TPE:2401), the current Cyclically Adjusted PS Ratio is 1.94 as of Jul. 28, 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 Sunplus Technology Co (TPE:2401) Overvalued in 2026?

Based on GuruFocus' analysis, Sunplus Technology Co stock appears to be undervalued. The current stock price of NT$25.85 is trading 6.8% below its estimated GF Value™ of NT$27.74. GuruFocus considers Sunplus Technology Co to be Fairly Valued.

Key valuation signals for TPE:2401:

  • Cyclically Adjusted PS Ratio: 1.94 (11% above median its 10-year median of 1.74)
  • GF Value™: NT$27.74 vs. price of NT$25.85 (6.8% below fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 34.1% below the Semiconductors median (#300 of 732)

No single metric tells the full story. See the TPE:2401 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sunplus Technology Co Business Description

Address 19, Innovation 1st Road, Hsinchu Science Park, Hsinchu, TWN
Sunplus Technology Co Ltd designs, produces, tests, and sells integrated circuits (ICs). Additionally, the company researches, develops, and sells various software applications and silicon intellectual property, and is also involved in the trading and agency business of integrated circuits. Its product offerings include digital audio-visual and intelligent acoustic chips for automotive applications, smart system-on-chip solutions for driver assistance systems, AIoT SoC development platforms, and open-source software to create efficient AI computing cores. The company's reportable segments are: IC design, which derives key revenue, Income from lease of property, and Other income. Geographically, it derives maximum revenue from Asia (excluding Taiwan), followed by Taiwan and other markets.
67GF Score

Get the complete analysis for TPE:2401

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

NT$25.85
Price
NT$27.74
GF Value