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.
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.
Andes TechnologyTPE:6533 78 Cyclically Adjusted PS Ratio is 13.05 as of Jul. 23, 2026, which is 25% below its 10-year median of 17.29. GuruFocus rates TPE:6533 with a GF Score™ of 78/100 and a GF Value™ of NT$580.63 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 733 Semiconductors companies, Andes Technology ranks worse than 81.17% on this metric.
The historical rank and industry rank for Andes Technology's Cyclically Adjusted PS Ratio or its related term are showing as below:
TPE:6533'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 9.71 Med: 17.29 Max: 30.45
Current: 11.69
During the past years, Andes Technology's highest Cyclically Adjusted PS Ratio was 30.45. The lowest was 9.71. And the median was 17.29.
TPE:6533's Cyclically Adjusted PS Ratio is ranked worse than 81.17% of 733
companies
in the Semiconductors industry
Industry Median: 2.97
vs TPE:6533: 11.69
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.
Andes Technology's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$9.099. 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$17.97 for the trailing ten years ended in Dec. 2025.
Shiller PE for Stocks: The True Measure of Stock Valuation
Andes Technology (TPE:6533) 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.
Andes Technology Cyclically Adjusted PS Ratio Related Terms
Andes Technology Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Andes 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.
Andes Technology Cyclically Adjusted PS Ratio Chart
TPE:6533 vs AMAT, LRCX, KLAC: Cyclically Adjusted PS Ratio Comparison
For the Semiconductor Equipment & Materials subindustry, Andes 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.
Andes Technology Cyclically Adjusted PS Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Andes Technology's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Andes Technology's Cyclically Adjusted PS Ratio falls into.
Andes 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.
Andes Technology's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 13.05 mean?
Andes Technology (TPE:6533) has a Cyclically Adjusted PS Ratio of 13.05 as of Jul. 23, 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 Andes Technology and its competitors. This is 25% below median its historical median of 17.29. Over the past decade, Andes Technology's Cyclically Adjusted PS Ratio has ranged from 9.71 to 30.45. According to the industry distribution chart, Andes Technology ranks #595 out of 733 companies in the Semiconductors industry, placing it in the top 81.2%.
Is Andes Technology's Cyclically Adjusted PS Ratio too high?
Andes Technology's current Cyclically Adjusted PS Ratio of 13.05 is 25% below median its 10-year median of 17.29. Over the past 10 years, this metric has ranged from a low of 9.71 to a high of 30.45. The Semiconductors industry median Cyclically Adjusted PS Ratio is 2.97. Andes Technology's value of 13.05 is 339.4% above this industry median. Based on the distribution chart, Andes Technology ranks #595 out of 733 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Andes Technology has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Andes Technology's Cyclically Adjusted PS Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Andes Technology ranks #595 out of 733 companies for Cyclically Adjusted PS Ratio. This places Andes Technology in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.97. Andes Technology's value of 13.05 is 339.4% above this benchmark. Historically, Andes Technology's own Cyclically Adjusted PS Ratio has ranged from 9.71 to 30.45 over the past decade. While the company's 10-year median is 17.29 vs. the industry median of 2.97, Andes Technology has consistently been above 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 2.97, 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. Andes Technology's current Cyclically Adjusted PS Ratio of 13.05 is 339.4% above 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 Andes Technology and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 2.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Andes Technology's current Cyclically Adjusted PS Ratio is 13.05, which is 25% below median its own 10-year median of 17.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Andes Technology stock overvalued right now?
Based on GuruFocus' analysis, Andes Technology (TPE:6533) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$580.63, compared to a current price of NT$234.50 — trading 59.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 13.05, which is 25% below median its 10-year median of 17.29 and 339.4% above the Semiconductors industry median of 2.97. Andes Technology's overall GF Score™ is 78/100 with 4 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 Andes Technology (TPE:6533), the current Cyclically Adjusted PS Ratio is 13.05 as of Jul. 23, 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 Andes Technology (TPE:6533) Overvalued in 2026?
Based on GuruFocus' analysis, Andes Technology stock appears to be undervalued.
The current stock price of NT$234.50 is trading 59.6% below its estimated GF Value™ of NT$580.63.
GuruFocus considers Andes Technology to be Significantly Undervalued.
Key valuation signals for TPE:6533:
Cyclically Adjusted PS Ratio: 13.05 (25% below median its 10-year median of 17.29)
GF Value™: NT$580.63 vs. price of NT$234.50 (59.6% below fair value)
Industry Position: 339.4% above the Semiconductors median (#595 of 733)
No single metric tells the full story. See the TPE:6533 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Andes Technology Corp is specialized in the R&D, designing, manufacturing and marketing of embedded processor intellectual property (IP), related hardware/software developing platform and toolchains. Its intellectual property line-up, which mainly consists of 32/64-bit RISC-V processors, also includes a series of software and hardware technologies and products, categorized into AndeStar, AndesCore, AndeShape, AndeSight, AndeSoft, and AndesAIRE. It operates in single segment and derives revenue from designing and selling CPU IP. Geographically, it operates in Taiwan, United States, Mainland China, Other.
78GF Score
Get the complete analysis for TPE:6533
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:6533 has been successfully added to your 
