Zenitron (TPE:3028) Cyclically Adjusted PS Ratio: 0.39 (As of Jul. 26, 2026) — 105% Above Median

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TPE:3028 Zenitron Corp TPE:3028
62 GF Score
Price NT$67.30
GF Value NT$37.94
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Zenitron Cyclically Adjusted PS Ratio?

Zenitron TPE:3028 -1.46% 62 Cyclically Adjusted PS Ratio is 0.39 as of Jul. 26, 2026, which is 105% above its 10-year median of 0.19. GuruFocus rates TPE:3028 with a GF Score™ of 62/100 and a GF Value™ of NT$37.94 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 733 Semiconductors companies, Zenitron ranks better than 89.63% on this metric.

As of today (2026-07-26), Zenitron's current share price is NT$67.30. Zenitron's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$172.46. Zenitron's Cyclically Adjusted PS Ratio for today is 0.39.

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

TPE:3028' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.19   Max: 0.47
Current: 0.39

During the past years, Zenitron's highest Cyclically Adjusted PS Ratio was 0.47. The lowest was 0.11. And the median was 0.19.

TPE:3028's Cyclically Adjusted PS Ratio is ranked better than
89.63% of 733 companies
in the Semiconductors industry
Industry Median: 2.93 vs TPE:3028: 0.39

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.

Zenitron's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$46.001. 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$172.46 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zenitron  (TPE:3028) 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.


Zenitron Cyclically Adjusted PS Ratio Related Terms


Zenitron Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Zenitron'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.

Zenitron Cyclically Adjusted PS Ratio Chart

Zenitron 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 0.22 0.18 0.21 0.17 0.21

Zenitron 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 0.17 0.19 0.20 0.18 0.21

TPE:3028 vs AMAT, LRCX, KLAC: Cyclically Adjusted PS Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, Zenitron'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.


Zenitron Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


TPE:3028
62GF Score
Zenitron Corp TPE:3028
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zenitron 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=67.30/172.46
=0.39

* 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.

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

For example, Zenitron'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)
=46.001/324.0540*324.0540
=46.001

Current CPI (Dec. 2025) = 324.0540.

Zenitron Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 24.015 238.132 32.680
201606 25.214 241.018 33.901
201609 27.290 241.428 36.630
201612 25.993 241.432 34.888
201703 24.081 243.801 32.008
201706 30.468 244.955 40.306
201709 36.971 246.819 48.540
201712 35.467 246.524 46.621
201803 31.896 249.554 41.418
201806 33.959 251.989 43.671
201809 39.204 252.439 50.326
201812 37.876 251.233 48.855
201903 29.792 254.202 37.979
201906 29.784 256.143 37.681
201909 33.281 256.759 42.004
201912 31.761 256.974 40.052
202003 28.568 258.115 35.866
202006 33.137 257.797 41.654
202009 49.515 260.280 61.647
202012 46.587 260.474 57.959
202103 48.015 264.877 58.742
202106 47.738 271.696 56.937
202109 49.226 274.310 58.153
202112 43.033 278.802 50.018
202203 50.301 287.504 56.696
202206 45.332 296.311 49.576
202209 36.503 296.808 39.854
202212 35.783 296.797 39.069
202303 32.863 301.836 35.282
202306 32.752 305.109 34.786
202309 37.648 307.789 39.637
202312 34.246 306.746 36.178
202403 35.474 312.332 36.805
202406 39.696 314.175 40.944
202409 39.352 315.301 40.444
202412 35.711 315.605 36.667
202503 37.450 319.799 37.948
202506 40.732 322.561 40.921
202509 45.349 324.800 45.245
202512 46.001 324.054 46.001

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 0.39 mean?
Zenitron (TPE:3028) has a Cyclically Adjusted PS Ratio of 0.39 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 Zenitron and its competitors. This is 105% above median its historical median of 0.19. Over the past decade, Zenitron's Cyclically Adjusted PS Ratio has ranged from 0.11 to 0.47. According to the industry distribution chart, Zenitron ranks #76 out of 733 companies in the Semiconductors industry, placing it in the top 10.4%.
Is Zenitron's Cyclically Adjusted PS Ratio too high?
Zenitron's current Cyclically Adjusted PS Ratio of 0.39 is 105% above median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.47. The Semiconductors industry median Cyclically Adjusted PS Ratio is 2.93. Zenitron's value of 0.39 is 86.7% below this industry median. Based on the distribution chart, Zenitron ranks #76 out of 733 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Zenitron has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zenitron's Cyclically Adjusted PS Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Zenitron ranks #76 out of 733 companies for Cyclically Adjusted PS Ratio. This places Zenitron in the top 10% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 2.93. Zenitron's value of 0.39 is 86.7% below this benchmark. Historically, Zenitron's own Cyclically Adjusted PS Ratio has ranged from 0.11 to 0.47 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 2.93, Zenitron 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 2.93, 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. Zenitron's current Cyclically Adjusted PS Ratio of 0.39 is 86.7% 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 Zenitron 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. Zenitron's current Cyclically Adjusted PS Ratio is 0.39, which is 105% above median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenitron stock overvalued right now?
Based on GuruFocus' analysis, Zenitron (TPE:3028) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$37.94, compared to a current price of NT$67.30 — trading 77.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.39, which is 105% above median its 10-year median of 0.19 and 86.7% below the Semiconductors industry median of 2.93. Zenitron's overall GF Score™ is 62/100 with 2 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 Zenitron (TPE:3028), the current Cyclically Adjusted PS Ratio is 0.39 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 Zenitron (TPE:3028) Overvalued in 2026?

Based on GuruFocus' analysis, Zenitron stock appears to be overvalued. The current stock price of NT$67.30 is trading 77.4% above its estimated GF Value™ of NT$37.94. GuruFocus considers Zenitron to be Significantly Overvalued.

Key valuation signals for TPE:3028:

  • Cyclically Adjusted PS Ratio: 0.39 (105% above median its 10-year median of 0.19)
  • GF Value™: NT$37.94 vs. price of NT$67.30 (77.4% above fair value)
  • GF Score™: 62/100 with 2 warning signs
  • Industry Position: 86.7% below the Semiconductors median (#76 of 733)

No single metric tells the full story. See the TPE:3028 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zenitron Business Description

Address No. 8, Lane 250, Xinhu 2nd Road, Neihu District, Taipei, TWN, 114065
Zenitron Corp is engaged in the sales of electrical components. It provides solutions for Power Supply Solutions, Telecom & Communication Solutions, Industrial Electronics Solutions, Consumer Solutions, and IoT Solutions. Its Line Card products include Semiconductor Components, Line Card Semiconductor Components, Industrial Applications, Retail, including Acer, Sandisk, and others. Its geographic locations are Hong Kong, China, Taiwan, and Others. It generates the maximum of its revenue from Hong Kong. It generates revenue from sales of electronic components.
62GF Score

Get the complete analysis for TPE:3028

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

NT$67.30
Price
NT$37.94
GF Value