Gigastorage (TPE:2406) Cyclically Adjusted PS Ratio: 0.76 (As of Jul. 28, 2026) — 138% Above Median

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TPE:2406 Gigastorage Corp TPE:2406
36 GF Score
Price NT$33.25
GF Value NT$19.99
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Gigastorage Cyclically Adjusted PS Ratio?

Gigastorage TPE:2406 -0.30% 36 Cyclically Adjusted PS Ratio is 0.76 as of Jul. 28, 2026, which is 138% above its 10-year median of 0.32. GuruFocus rates TPE:2406 with a GF Score™ of 36/100 and a GF Value™ of NT$19.99 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 732 Semiconductors companies, Gigastorage ranks better than 78.83% on this metric.

As of today (2026-07-28), Gigastorage's current share price is NT$33.25. Gigastorage's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$43.56. Gigastorage's Cyclically Adjusted PS Ratio for today is 0.76.

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

TPE:2406' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.32   Max: 0.94
Current: 0.77

During the past years, Gigastorage's highest Cyclically Adjusted PS Ratio was 0.94. The lowest was 0.14. And the median was 0.32.

TPE:2406's Cyclically Adjusted PS Ratio is ranked better than
78.83% of 732 companies
in the Semiconductors industry
Industry Median: 2.945 vs TPE:2406: 0.77

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.

Gigastorage's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$6.644. 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$43.56 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gigastorage  (TPE:2406) 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.


Gigastorage Cyclically Adjusted PS Ratio Related Terms


Gigastorage Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Gigastorage'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.

Gigastorage Cyclically Adjusted PS Ratio Chart

Gigastorage 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 0.57 0.30 0.28 0.28 0.58

Gigastorage 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 0.28 0.24 0.23 0.44 0.58

TPE:2406 vs FSLR, NXT, ENPH: Cyclically Adjusted PS Ratio Comparison

For the Solar subindustry, Gigastorage'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.


Gigastorage Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


TPE:2406
36GF Score
Gigastorage Corp TPE:2406
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gigastorage 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=33.25/43.56
=0.76

* 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.

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

For example, Gigastorage'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)
=6.644/324.0540*324.0540
=6.644

Current CPI (Dec. 2025) = 324.0540.

Gigastorage Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 25.315 238.132 34.449
201606 23.220 241.018 31.220
201609 16.200 241.428 21.744
201612 15.023 241.432 20.164
201703 13.908 243.801 18.486
201706 12.808 244.955 16.944
201709 15.612 246.819 20.497
201712 16.688 246.524 21.936
201803 12.922 249.554 16.780
201806 12.580 251.989 16.178
201809 9.951 252.439 12.774
201812 8.458 251.233 10.910
201903 8.246 254.202 10.512
201906 10.584 256.143 13.390
201909 8.512 256.759 10.743
201912 7.976 256.974 10.058
202003 7.217 258.115 9.061
202006 9.462 257.797 11.894
202009 9.732 260.280 12.117
202012 8.470 260.474 10.537
202103 7.745 264.877 9.475
202106 6.953 271.696 8.293
202109 6.417 274.310 7.581
202112 7.419 278.802 8.623
202203 5.639 287.504 6.356
202206 4.948 296.311 5.411
202209 4.494 296.808 4.907
202212 4.094 296.797 4.470
202303 3.130 301.836 3.360
202306 2.235 305.109 2.374
202309 2.235 307.789 2.353
202312 3.530 306.746 3.729
202403 4.674 312.332 4.849
202406 6.851 314.175 7.066
202409 5.147 315.301 5.290
202412 2.764 315.605 2.838
202503 2.886 319.799 2.924
202506 3.919 322.561 3.937
202509 4.691 324.800 4.680
202512 6.644 324.054 6.644

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 0.76 mean?
Gigastorage (TPE:2406) has a Cyclically Adjusted PS Ratio of 0.76 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 Gigastorage and its competitors. This is 138% above median its historical median of 0.32. Over the past decade, Gigastorage's Cyclically Adjusted PS Ratio has ranged from 0.14 to 0.94. According to the industry distribution chart, Gigastorage ranks #155 out of 732 companies in the Semiconductors industry, placing it in the top 21.2%.
Is Gigastorage's Cyclically Adjusted PS Ratio too high?
Gigastorage's current Cyclically Adjusted PS Ratio of 0.76 is 138% above median its 10-year median of 0.32. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.94. The Semiconductors industry median Cyclically Adjusted PS Ratio is 2.95. Gigastorage's value of 0.76 is 74.2% below this industry median. Based on the distribution chart, Gigastorage ranks #155 out of 732 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Gigastorage has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gigastorage's Cyclically Adjusted PS Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Gigastorage ranks #155 out of 732 companies for Cyclically Adjusted PS Ratio. This places Gigastorage in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 2.95. Gigastorage's value of 0.76 is 74.2% below this benchmark. Historically, Gigastorage's own Cyclically Adjusted PS Ratio has ranged from 0.14 to 0.94 over the past decade. While the company's 10-year median is 0.32 vs. the industry median of 2.95, Gigastorage 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. Gigastorage's current Cyclically Adjusted PS Ratio of 0.76 is 74.2% 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 Gigastorage 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. Gigastorage's current Cyclically Adjusted PS Ratio is 0.76, which is 138% above median its own 10-year median of 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gigastorage stock overvalued right now?
Based on GuruFocus' analysis, Gigastorage (TPE:2406) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$19.99, compared to a current price of NT$33.25 — trading 66.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.76, which is 138% above median its 10-year median of 0.32 and 74.2% below the Semiconductors industry median of 2.95. Gigastorage's overall GF Score™ is 36/100 with 6 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 Gigastorage (TPE:2406), the current Cyclically Adjusted PS Ratio is 0.76 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 Gigastorage (TPE:2406) Overvalued in 2026?

Based on GuruFocus' analysis, Gigastorage stock appears to be overvalued. The current stock price of NT$33.25 is trading 66.3% above its estimated GF Value™ of NT$19.99. GuruFocus considers Gigastorage to be Significantly Overvalued.

Key valuation signals for TPE:2406:

  • Cyclically Adjusted PS Ratio: 0.76 (138% above median its 10-year median of 0.32)
  • GF Value™: NT$19.99 vs. price of NT$33.25 (66.3% above fair value)
  • GF Score™: 36/100 with 6 warning signs
  • Industry Position: 74.2% below the Semiconductors median (#155 of 732)

No single metric tells the full story. See the TPE:2406 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gigastorage Business Description

Address No. 3, Industrial 1st Road, Hsinchu Industrial Park, Hukou Township, Hsinchu, TWN, 30351
Gigastorage Corp is engaged in the manufacturing of computers and peripherals, international trade, manufacturing and reproduction of data storage media, manufacturing and trading of electronic materials, components and silicon wafers, energy technology services and non-public power generation. Its segments are the Photovoltaic Materials Division, Solar Power Plant Division and Wire Materials Division. The Photovoltaic Materials Division, which generates the maximum revenue, is mainly engaged in the research and development, manufacturing and sales of solar conductive plasma. The Group operates in Mainland China, Taiwan, Southeast Asia and other countries. Taiwan generates the maximum revenue geographically.
36GF Score

Get the complete analysis for TPE:2406

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

NT$33.25
Price
NT$19.99
GF Value