Asrock (TPE:3515) Cyclically Adjusted PS Ratio: 1.14 (As of Jul. 29, 2026) — 25% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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TPE:3515 Asrock Inc TPE:3515
86 GF Score
Price NT$197.00
GF Value NT$542.39
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Asrock Cyclically Adjusted PS Ratio?

Asrock TPE:3515 -4.14% 86 Cyclically Adjusted PS Ratio is 1.14 as of Jul. 29, 2026, which is 25% below its 10-year median of 1.52. GuruFocus rates TPE:3515 with a GF Score™ of 86/100 and a GF Value™ of NT$542.39 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,975 Hardware companies, Asrock ranks better than 53.57% on this metric.

As of today (2026-07-29), Asrock's current share price is NT$197.00. Asrock's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$173.13. Asrock's Cyclically Adjusted PS Ratio for today is 1.14.

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

TPE:3515' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.52   Max: 2.7
Current: 1.19

During the past years, Asrock's highest Cyclically Adjusted PS Ratio was 2.70. The lowest was 0.61. And the median was 1.52.

TPE:3515's Cyclically Adjusted PS Ratio is ranked better than
53.57% of 1975 companies
in the Hardware industry
Industry Median: 1.36 vs TPE:3515: 1.19

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.

Asrock's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$109.649. 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$173.13 for the trailing ten years ended in Dec. 2025.

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
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 1.66 1.25 1.75 1.69 1.43

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
86GF 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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=197.00/173.13
=1.14

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

For example, Asrock'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)
=109.649/324.0540*324.0540
=109.649

Current CPI (Dec. 2025) = 324.0540.

Asrock Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 15.882 238.132 21.612
201606 13.666 241.018 18.374
201609 15.234 241.428 20.448
201612 16.482 241.432 22.122
201703 16.950 243.801 22.530
201706 20.589 244.955 27.237
201709 20.948 246.819 27.503
201712 20.118 246.524 26.445
201803 21.730 249.554 28.217
201806 19.554 251.989 25.146
201809 20.127 252.439 25.837
201812 22.526 251.233 29.055
201903 23.201 254.202 29.576
201906 23.788 256.143 30.095
201909 32.041 256.759 40.439
201912 31.747 256.974 40.034
202003 29.642 258.115 37.214
202006 38.989 257.797 49.010
202009 42.977 260.280 53.507
202012 35.936 260.474 44.708
202103 38.573 264.877 47.191
202106 44.344 271.696 52.889
202109 33.467 274.310 39.536
202112 46.019 278.802 53.488
202203 40.987 287.504 46.198
202206 29.229 296.311 31.966
202209 28.802 296.808 31.446
202212 40.098 296.797 43.780
202303 35.877 301.836 38.518
202306 33.370 305.109 35.442
202309 40.152 307.789 42.274
202312 46.064 306.746 48.663
202403 40.617 312.332 42.141
202406 42.718 314.175 44.061
202409 50.943 315.301 52.357
202412 74.162 315.605 76.147
202503 84.269 319.799 85.390
202506 97.089 322.561 97.538
202509 93.701 324.800 93.486
202512 109.649 324.054 109.649

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 1.14 mean?
Asrock (TPE:3515) has a Cyclically Adjusted PS Ratio of 1.14 as of Jul. 29, 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 Asrock and its competitors. This is 25% below median its historical median of 1.52. Over the past decade, Asrock's Cyclically Adjusted PS Ratio has ranged from 0.61 to 2.70. According to the industry distribution chart, Asrock ranks #917 out of 1975 companies in the Hardware industry, placing it in the top 46.4%.
Is Asrock's Cyclically Adjusted PS Ratio too high?
Asrock's current Cyclically Adjusted PS Ratio of 1.14 is 25% below median its 10-year median of 1.52. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 2.70. The Hardware industry median Cyclically Adjusted PS Ratio is 1.36. Asrock's value of 1.14 is 16.2% below this industry median. Based on the distribution chart, Asrock ranks #917 out of 1975 companies in the Hardware industry, which is above the industry midpoint. Overall, Asrock has a GF Score™ of 86/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asrock's Cyclically Adjusted PS Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Asrock ranks #917 out of 1975 companies for Cyclically Adjusted PS Ratio. This puts Asrock in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.36. Asrock's value of 1.14 is 16.2% below this benchmark. Historically, Asrock's own Cyclically Adjusted PS Ratio has ranged from 0.61 to 2.70 over the past decade. While the company's 10-year median is 1.52 vs. the industry median of 1.36, Asrock 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.36, based on 1,975 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. Asrock's current Cyclically Adjusted PS Ratio of 1.14 is 16.2% 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 Asrock and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asrock's current Cyclically Adjusted PS Ratio is 1.14, which is 25% below median its own 10-year median of 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asrock stock overvalued right now?
Based on GuruFocus' analysis, Asrock (TPE:3515) is currently considered Possible Value Trap. The stock's GF Value™ is NT$542.39, compared to a current price of NT$197.00 — trading 63.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.14, which is 25% below median its 10-year median of 1.52 and 16.2% below the Hardware industry median of 1.36. Asrock's overall GF Score™ is 86/100 with 3 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 Asrock (TPE:3515), the current Cyclically Adjusted PS Ratio is 1.14 as of Jul. 29, 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 Asrock (TPE:3515) Overvalued in 2026?

Based on GuruFocus' analysis, Asrock stock appears to be undervalued. The current stock price of NT$197.00 is trading 63.7% below its estimated GF Value™ of NT$542.39. GuruFocus considers Asrock to be Possible Value Trap.

Key valuation signals for TPE:3515:

  • Cyclically Adjusted PS Ratio: 1.14 (25% below median its 10-year median of 1.52)
  • GF Value™: NT$542.39 vs. price of NT$197.00 (63.7% below fair value)
  • GF Score™: 86/100 with 3 warning signs
  • Industry Position: 16.2% below the Hardware median (#917 of 1975)

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.
86GF 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$197.00
Price
NT$542.39
GF Value