RichWave Technology (TPE:4968) Cyclically Adjusted PS Ratio: 2.08 (As of Jul. 28, 2026) — 43% Below Median

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TPE:4968 RichWave Technology Corp TPE:4968
73 GF Score
Price NT$98.00
GF Value NT$195.40
Valuation Possible Value Trap
! 1 Warning Sign
View Full Analysis

What is RichWave Technology Cyclically Adjusted PS Ratio?

RichWave Technology TPE:4968 +0.62% 73 Cyclically Adjusted PS Ratio is 2.08 as of Jul. 28, 2026, which is 43% below its 10-year median of 3.63. GuruFocus rates TPE:4968 with a GF Score™ of 73/100 and a GF Value™ of NT$195.40 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 732 Semiconductors companies, RichWave Technology ranks better than 59.43% on this metric.

As of today (2026-07-28), RichWave Technology's current share price is NT$98.00. RichWave Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$47.15. RichWave Technology's Cyclically Adjusted PS Ratio for today is 2.08.

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

TPE:4968' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.07   Med: 3.63   Max: 6.61
Current: 2.07

During the past years, RichWave Technology's highest Cyclically Adjusted PS Ratio was 6.61. The lowest was 2.07. And the median was 3.63.

TPE:4968's Cyclically Adjusted PS Ratio is ranked better than
59.43% of 732 companies
in the Semiconductors industry
Industry Median: 2.945 vs TPE:4968: 2.07

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.

RichWave Technology's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$10.065. 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$47.15 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


RichWave Technology  (TPE:4968) 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.


RichWave Technology Cyclically Adjusted PS Ratio Related Terms


RichWave Technology Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for RichWave Technology'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.

RichWave Technology Cyclically Adjusted PS Ratio Chart

RichWave Technology 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 7.09 2.77 4.48 4.86 2.74

RichWave Technology 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 3.52 2.60 3.23 2.74 2.14

TPE:4968 vs NVDA, AVGO, MU: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, RichWave Technology'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.


RichWave Technology Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


TPE:4968
73GF Score
RichWave Technology Corp TPE:4968
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RichWave Technology 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=98.00/47.15
=2.08

* 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.

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

For example, RichWave Technology'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)
=10.065/330.2130*330.2130
=10.065

Current CPI (Mar. 2026) = 330.2130.

RichWave Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.151 241.018 8.427
201609 6.597 241.428 9.023
201612 7.070 241.432 9.670
201703 6.965 243.801 9.434
201706 7.582 244.955 10.221
201709 8.128 246.819 10.874
201712 8.180 246.524 10.957
201803 7.692 249.554 10.178
201806 8.330 251.989 10.916
201809 7.850 252.439 10.269
201812 7.131 251.233 9.373
201903 5.014 254.202 6.513
201906 7.821 256.143 10.083
201909 9.422 256.759 12.117
201912 8.803 256.974 11.312
202003 9.375 258.115 11.994
202006 13.401 257.797 17.165
202009 18.875 260.280 23.946
202012 18.404 260.474 23.331
202103 19.570 264.877 24.397
202106 19.507 271.696 23.708
202109 11.395 274.310 13.717
202112 9.301 278.802 11.016
202203 9.702 287.504 11.143
202206 9.933 296.311 11.069
202209 10.037 296.808 11.167
202212 8.806 296.797 9.797
202303 7.064 301.836 7.728
202306 8.131 305.109 8.800
202309 8.203 307.789 8.801
202312 9.638 306.746 10.375
202403 9.514 312.332 10.059
202406 10.951 314.175 11.510
202409 9.885 315.301 10.353
202412 9.877 315.605 10.334
202503 9.232 319.799 9.533
202506 10.567 322.561 10.818
202509 10.662 324.800 10.840
202512 10.262 324.054 10.457
202603 10.065 330.213 10.065

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 2.08 mean?
RichWave Technology (TPE:4968) has a Cyclically Adjusted PS Ratio of 2.08 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 RichWave Technology and its competitors. This is 43% below median its historical median of 3.63. Over the past decade, RichWave Technology's Cyclically Adjusted PS Ratio has ranged from 2.07 to 6.61. According to the industry distribution chart, RichWave Technology ranks #297 out of 732 companies in the Semiconductors industry, placing it in the top 40.6%.
Is RichWave Technology's Cyclically Adjusted PS Ratio too high?
RichWave Technology's current Cyclically Adjusted PS Ratio of 2.08 is 43% below median its 10-year median of 3.63. Over the past 10 years, this metric has ranged from a low of 2.07 to a high of 6.61. The Semiconductors industry median Cyclically Adjusted PS Ratio is 2.95. RichWave Technology's value of 2.08 is 29.4% below this industry median. Based on the distribution chart, RichWave Technology ranks #297 out of 732 companies in the Semiconductors industry, which is above the industry midpoint. Overall, RichWave Technology has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does RichWave Technology's Cyclically Adjusted PS Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, RichWave Technology ranks #297 out of 732 companies for Cyclically Adjusted PS Ratio. This puts RichWave Technology in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.95. RichWave Technology's value of 2.08 is 29.4% below this benchmark. Historically, RichWave Technology's own Cyclically Adjusted PS Ratio has ranged from 2.07 to 6.61 over the past decade. While the company's 10-year median is 3.63 vs. the industry median of 2.95, RichWave Technology 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. RichWave Technology's current Cyclically Adjusted PS Ratio of 2.08 is 29.4% 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 RichWave Technology 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. RichWave Technology's current Cyclically Adjusted PS Ratio is 2.08, which is 43% below median its own 10-year median of 3.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RichWave Technology stock overvalued right now?
Based on GuruFocus' analysis, RichWave Technology (TPE:4968) is currently considered Possible Value Trap. The stock's GF Value™ is NT$195.40, compared to a current price of NT$98.00 — trading 49.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.08, which is 43% below median its 10-year median of 3.63 and 29.4% below the Semiconductors industry median of 2.95. RichWave Technology's overall GF Score™ is 73/100 with 1 warning sign 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 RichWave Technology (TPE:4968), the current Cyclically Adjusted PS Ratio is 2.08 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 RichWave Technology (TPE:4968) Overvalued in 2026?

Based on GuruFocus' analysis, RichWave Technology stock appears to be undervalued. The current stock price of NT$98.00 is trading 49.8% below its estimated GF Value™ of NT$195.40. GuruFocus considers RichWave Technology to be Possible Value Trap.

Key valuation signals for TPE:4968:

  • Cyclically Adjusted PS Ratio: 2.08 (43% below median its 10-year median of 3.63)
  • GF Value™: NT$195.40 vs. price of NT$98.00 (49.8% below fair value)
  • GF Score™: 73/100 with 1 warning sign
  • Industry Position: 29.4% below the Semiconductors median (#297 of 732)

No single metric tells the full story. See the TPE:4968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RichWave Technology Business Description

Address Tiding Boulevard, 6th Floor, No. 5, Alley 20, Lane 407, Section 2, Taipei, TWN, 114
RichWave Technology Corp is a fabless IC design company. The company is engaged in the research and development, design, integration, and manufacturing and sales of integrated circuits for wireless communication products. Its product includes a front-end module, power amplifier, switch, and GPS LNA. Its products are used in networking, mobile phones, broadcasting, surveillance, and automotive rearview applications. The company operates majorly in Taiwan, China, Korea, and Others, with the majority of revenue from Taiwan and China.
73GF Score

Get the complete analysis for TPE:4968

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

NT$98.00
Price
NT$195.40
GF Value