Asrock (TPE:3515) Cyclically Adjusted PS Ratio: (As of Aug. 07, 2026)

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.
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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:3515 Asrock Inc TPE:3515
84 GF Score
Price NT$212.50
GF Value NT$546.04
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Asrock Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asrock  (TPE:3515) 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.


Asrock Cyclically Adjusted PS Ratio Related Terms


Asrock Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Asrock'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.

Asrock Cyclically Adjusted PS Ratio Chart

Asrock 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 2.60 1.21 2.05 1.66 1.43

Asrock 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 1.25 1.75 1.69 1.43 1.09

TPE:3515 vs DELL, ANET, SNDK: Cyclically Adjusted PS Ratio Comparison

For the Computer Hardware subindustry, Asrock'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.


Asrock Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TPE:3515
84GF Score
Asrock Inc TPE:3515
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asrock 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.

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

For example, Asrock'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)
=107.492/330.2130*330.2130
=107.492

Current CPI (Mar. 2026) = 330.2130.

Asrock Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 13.666 241.018 18.723
201609 15.234 241.428 20.836
201612 16.482 241.432 22.543
201703 16.950 243.801 22.958
201706 20.589 244.955 27.755
201709 20.948 246.819 28.026
201712 20.118 246.524 26.948
201803 21.730 249.554 28.753
201806 19.554 251.989 25.624
201809 20.127 252.439 26.328
201812 22.526 251.233 29.607
201903 23.201 254.202 30.139
201906 23.788 256.143 30.667
201909 32.041 256.759 41.207
201912 31.747 256.974 40.795
202003 29.642 258.115 37.922
202006 38.989 257.797 49.941
202009 42.977 260.280 54.524
202012 35.936 260.474 45.557
202103 38.573 264.877 48.088
202106 44.344 271.696 53.895
202109 33.467 274.310 40.287
202112 46.019 278.802 54.505
202203 40.987 287.504 47.076
202206 29.229 296.311 32.573
202209 28.802 296.808 32.044
202212 40.098 296.797 44.613
202303 35.877 301.836 39.250
202306 33.370 305.109 36.116
202309 40.152 307.789 43.077
202312 46.064 306.746 49.588
202403 40.617 312.332 42.942
202406 42.718 314.175 44.899
202409 50.943 315.301 53.352
202412 74.162 315.605 77.595
202503 84.269 319.799 87.013
202506 97.089 322.561 99.392
202509 93.701 324.800 95.263
202512 109.649 324.054 111.733
202603 107.492 330.213 107.492

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.

Is Asrock (TPE:3515) Overvalued in 2026?

Based on GuruFocus' analysis, Asrock stock appears to be undervalued. The current stock price of NT$212.50 is trading 61.1% below its estimated GF Value™ of NT$546.04. GuruFocus considers Asrock to be Significantly Undervalued.

Key valuation signals for TPE:3515:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: NT$546.04 vs. price of NT$212.50 (61.1% below fair value)
  • GF Score™: 84/100 with 3 warning signs

No single metric tells the full story. See the TPE:3515 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asrock Business Description

Address No.37, Section 2, Jhongyang South Road, 2nd Floor, Beitou District, Taipei City, TWN, 112
Asrock Inc specializes in the sales of motherboards and related product development and design. Its product offerings comprise motherboards, graphics cards, gaming monitors, mini PCs, industrial PCs, and servers/WS. The company generates maximum revenue from Asia and has a presence in Europe, America, and other regions.
84GF Score

Get the complete analysis for TPE:3515

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

NT$212.50
Price
NT$546.04
GF Value