MegaChips (TSE:6875) Cyclically Adjusted PS Ratio: 2.85 (As of Sep. 17, 2026) — 159% Above Median

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TSE:6875 MegaChips Corp TSE:6875
61 GF Score
Price 円10,590.00
GF Value 円4,605.96
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is MegaChips Cyclically Adjusted PS Ratio?

MegaChips TSE:6875 +1.24% 61 Cyclically Adjusted PS Ratio is 2.85 as of Sep. 17, 2026, which is 159% above its 10-year median of 1.10. GuruFocus rates TSE:6875 with a GF Score™ of 61/100 and a GF Value™ of 円4,605.96 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 736 Semiconductors companies, MegaChips ranks better than 52.04% on this metric.

As of today (2026-09-17), MegaChips's current share price is 円10590.00. MegaChips's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円3,720.74. MegaChips's Cyclically Adjusted PS Ratio for today is 2.85.

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

TSE:6875' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 1.1   Max: 3.34
Current: 2.83

During the past years, MegaChips's highest Cyclically Adjusted PS Ratio was 3.34. The lowest was 0.38. And the median was 1.10.

TSE:6875's Cyclically Adjusted PS Ratio is ranked better than
52.04% of 736 companies
in the Semiconductors industry
Industry Median: 3.15 vs TSE:6875: 2.83

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.

MegaChips's adjusted revenue per share data for the three months ended in Mar. 2026 was 円479.714. 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 円3,720.74 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MegaChips  (TSE:6875) 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.


MegaChips Cyclically Adjusted PS Ratio Related Terms


MegaChips Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for MegaChips'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.

MegaChips Cyclically Adjusted PS Ratio Chart

MegaChips Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.14 0.93 1.06 1.18 2.06

MegaChips 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 1.18 1.44 1.99 2.12 2.05

TSE:6875 vs NVDA, AVGO, MU: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, MegaChips'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.


MegaChips Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


TSE:6875
61GF Score
MegaChips Corp TSE:6875
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MegaChips 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10590.00/3720.744
=2.85

* 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.

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

For example, MegaChips'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)
=479.714/112.7000*112.7000
=479.714

Current CPI (Mar. 2026) = 112.7000.

MegaChips Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 478.625 98.100 549.858
201609 896.780 98.000 1,031.297
201612 898.314 98.400 1,028.862
201703 866.230 98.100 995.149
201706 886.003 98.500 1,013.731
201709 1,173.781 98.800 1,338.918
201712 1,040.039 99.400 1,179.199
201803 981.829 99.200 1,115.445
201806 1,229.912 99.200 1,397.289
201809 1,396.588 99.900 1,575.530
201812 1,107.896 99.700 1,252.356
201903 639.236 99.700 722.587
201906 691.001 99.800 780.319
201909 884.264 100.100 995.570
201912 777.387 100.500 871.756
202003 669.199 100.300 751.931
202006 969.899 99.900 1,094.170
202009 1,139.766 99.900 1,285.802
202012 1,074.881 99.300 1,219.930
202103 666.714 99.900 752.139
202106 801.369 99.500 907.681
202109 1,045.155 100.100 1,176.713
202112 1,118.210 100.100 1,258.964
202203 719.303 101.100 801.834
202206 778.550 101.800 861.911
202209 1,099.281 103.100 1,201.639
202212 1,045.653 104.100 1,132.037
202303 763.392 104.400 824.083
202306 911.326 105.200 976.297
202309 1,043.798 106.200 1,107.684
202312 603.795 106.800 637.151
202403 564.709 107.200 593.682
202406 538.210 108.200 560.594
202409 857.438 108.900 887.358
202412 567.059 110.700 577.304
202503 455.865 111.100 462.430
202506 384.632 111.700 388.075
202509 921.360 112.000 927.119
202512 494.639 113.000 493.326
202603 479.714 112.700 479.714

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 2.85 mean?
MegaChips (TSE:6875) has a Cyclically Adjusted PS Ratio of 2.85 as of Sep. 17, 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 MegaChips and its competitors. This is 159% above median its historical median of 1.10. Over the past decade, MegaChips' Cyclically Adjusted PS Ratio has ranged from 0.38 to 3.34. According to the industry distribution chart, MegaChips ranks #353 out of 736 companies in the Semiconductors industry, placing it in the top 48%.
Is MegaChips' Cyclically Adjusted PS Ratio too high?
MegaChips' current Cyclically Adjusted PS Ratio of 2.85 is 159% above median its 10-year median of 1.10. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 3.34. The Semiconductors industry median Cyclically Adjusted PS Ratio is 3.15. MegaChips' value of 2.85 is 9.5% below this industry median. Based on the distribution chart, MegaChips ranks #353 out of 736 companies in the Semiconductors industry, which is above the industry midpoint. Overall, MegaChips has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MegaChips' Cyclically Adjusted PS Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, MegaChips ranks #353 out of 736 companies for Cyclically Adjusted PS Ratio. This puts MegaChips in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.15. MegaChips' value of 2.85 is 9.5% below this benchmark. Historically, MegaChips' own Cyclically Adjusted PS Ratio has ranged from 0.38 to 3.34 over the past decade. While the company's 10-year median is 1.10 vs. the industry median of 3.15, MegaChips 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 3.15, based on 736 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. MegaChips's current Cyclically Adjusted PS Ratio of 2.85 is 9.5% 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 MegaChips and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 3.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MegaChips's current Cyclically Adjusted PS Ratio is 2.85, which is 159% above median its own 10-year median of 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MegaChips stock overvalued right now?
Based on GuruFocus' analysis, MegaChips (TSE:6875) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,605.96, compared to a current price of 円10,590.00 — trading 129.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.85, which is 159% above median its 10-year median of 1.10 and 9.5% below the Semiconductors industry median of 3.15. MegaChips' overall GF Score™ is 61/100 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 MegaChips (TSE:6875), the current Cyclically Adjusted PS Ratio is 2.85 as of Sep. 17, 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 MegaChips (TSE:6875) Overvalued in 2026?

Based on GuruFocus' analysis, MegaChips stock appears to be overvalued. The current stock price of 円10,590.00 is trading 129.9% above its estimated GF Value™ of 円4,605.96. GuruFocus considers MegaChips to be Significantly Overvalued.

Key valuation signals for TSE:6875:

  • Cyclically Adjusted PS Ratio: 2.85 (159% above median its 10-year median of 1.10)
  • GF Value™: 円4,605.96 vs. price of 円10,590.00 (129.9% above fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 9.5% below the Semiconductors median (#353 of 736)

No single metric tells the full story. See the TSE:6875 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MegaChips Business Description

Other Exchanges MHC:Germany
Address 1-1-1 Miyahara, Yodogawa-ku, Shin-Osaka Hankyu Building, Osaka, JPN, 532-0003
MegaChips Corp. is engaged in the design, development, manufacture, and sale of system large scale integration (LSI), based on its basic image, audio and communications technologies and electronic devices and system equipment that contain its system LSIs. The company's main products Include LSIs for entertainment devices such as game consoles, image processing LSIs for digital cameras, LSIs for liquid crystal display (LCD) panels, and video surveillance system equipment for security field, among others. Geographically all the operations are functioned through the region of Japan and it derives revenue through the sale of LSI products.
61GF Score

Get the complete analysis for TSE:6875

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

円10,590.00
Price
円4,605.96
GF Value