ASE Technology Holding Co (MEX:ASEH N) Cyclically Adjusted Revenue per Share: MXN60.42 (As of Mar. 2026)


MEX:ASEH N ASE Technology Holding Co Ltd MEX:ASEH N
56 GF Score
Price MXN699.00
GF Value MXN194.64
Valuation Significantly Overvalued
! 9 Warning Signs
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What is ASE Technology Holding Co Cyclically Adjusted Revenue per Share?

ASE Technology Holding Co MEX:ASEH N 56 Cyclically Adjusted Revenue per Share is MXN60.42 as of Mar. 2026. GuruFocus rates MEX:ASEH N with a GF Score™ of 56/100 and a GF Value™ of MXN194.64 (Significantly Overvalued). The stock has 9 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

ASE Technology Holding Co's adjusted revenue per share for the three months ended in Mar. 2026 was MXN43.816. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is MXN60.42 for the trailing ten years ended in Mar. 2026.

During the past 12 months, ASE Technology Holding Co's average Cyclically Adjusted Revenue Growth Rate was 7.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 11.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of ASE Technology Holding Co was 14.40% per year. The lowest was 7.70% per year. And the median was 12.40% per year.

As of today (2026-07-08), ASE Technology Holding Co's current stock price is MXN699.00. ASE Technology Holding Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN60.42. ASE Technology Holding Co's Cyclically Adjusted PS Ratio of today is 11.57.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of ASE Technology Holding Co was 5.05. The lowest was 0.74. And the median was 1.21.


ASE Technology Holding Co  (MEX:ASEH N) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

ASE Technology Holding Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=699.00/60.42
=11.57

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of ASE Technology Holding Co was 5.05. The lowest was 0.74. And the median was 1.21.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


ASE Technology Holding Co Cyclically Adjusted Revenue per Share Related Terms


ASE Technology Holding Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for ASE Technology Holding Co's Cyclically Adjusted Revenue per Share 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.

ASE Technology Holding Co Cyclically Adjusted Revenue per Share Chart

ASE Technology Holding Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 133.43 164.23 124.24 111.15 76.72

ASE Technology Holding Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 128.75 126.99 116.26 76.72 60.42

MEX:ASEH N vs NVDA, AVGO, MU: Cyclically Adjusted Revenue per Share Comparison

For the Semiconductors subindustry, ASE Technology Holding Co'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.


ASE Technology Holding Co Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


MEX:ASEH N
56GF Score
ASE Technology Holding Co Ltd MEX:ASEH N
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ASE Technology Holding Co Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, ASE Technology Holding Co'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)
=43.816/330.2130*330.2130
=43.816

Current CPI (Mar. 2026) = 330.2130.

ASE Technology Holding Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 17.403 241.018 23.843
201609 21.685 241.428 29.660
201612 24.076 241.432 32.929
201703 20.620 243.801 27.928
201706 18.335 244.955 24.717
201709 20.637 246.819 27.610
201712 25.515 246.524 34.177
201803 18.642 249.554 24.667
201806 25.955 251.989 34.012
201809 30.783 252.439 40.267
201812 34.188 251.233 44.936
201903 26.254 254.202 34.104
201906 26.093 256.143 33.638
201909 35.051 256.759 45.078
201912 33.403 256.974 42.923
202003 35.396 258.115 45.283
202006 39.178 257.797 50.183
202009 43.545 260.280 55.245
202012 48.886 260.474 61.975
202103 39.649 264.877 49.429
202106 41.695 271.696 50.675
202109 51.138 274.310 61.560
202112 58.869 278.802 69.724
202203 46.588 287.504 53.509
202206 49.843 296.311 55.546
202209 55.467 296.808 61.710
202212 53.892 296.797 59.960
202303 35.631 301.836 38.981
202306 34.886 305.109 37.756
202309 38.551 307.789 41.360
202312 40.080 306.746 43.146
202403 31.840 312.332 33.663
202406 36.206 314.175 38.054
202409 44.929 315.301 47.054
202412 47.112 315.605 49.293
202503 41.678 319.799 43.035
202506 43.603 322.561 44.637
202509 46.082 324.800 46.850
202512 45.672 324.054 46.540
202603 43.816 330.213 43.816

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of MXN60.42 mean?
ASE Technology Holding Co (MEX:ASEH N) has a Cyclically Adjusted Revenue per Share of MXN60.42 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on ASE Technology Holding Co and its competitors.
Is ASE Technology Holding Co's Cyclically Adjusted Revenue per Share too high?
ASE Technology Holding Co's current Cyclically Adjusted Revenue per Share is MXN60.42. Overall, ASE Technology Holding Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASE Technology Holding Co's Cyclically Adjusted Revenue per Share compare to NVDA and AVGO?
ASE Technology Holding Co's Cyclically Adjusted Revenue per Share of MXN60.42 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Semiconductors company?
A good Cyclically Adjusted Revenue per Share depends on the Semiconductors industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on ASE Technology Holding Co and its competitors. ASE Technology Holding Co's current Cyclically Adjusted Revenue per Share is MXN60.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASE Technology Holding Co stock overvalued right now?
Based on GuruFocus' analysis, ASE Technology Holding Co (MEX:ASEH N) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN194.64, compared to a current price of MXN699.00 — trading 259.1% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is MXN60.42. ASE Technology Holding Co's overall GF Score™ is 56/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For ASE Technology Holding Co (MEX:ASEH N), the current Cyclically Adjusted Revenue per Share is MXN60.42 as of Mar. 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 ASE Technology Holding Co (MEX:ASEH N) Overvalued in 2026?

Based on GuruFocus' analysis, ASE Technology Holding Co stock appears to be overvalued. The current stock price of MXN699.00 is trading 259.1% above its estimated GF Value™ of MXN194.64. GuruFocus considers ASE Technology Holding Co to be Significantly Overvalued.

Key valuation signals for MEX:ASEH N:

  • Cyclically Adjusted Revenue per Share: MXN60.42
  • GF Value™: MXN194.64 vs. price of MXN699.00 (259.1% above fair value)
  • GF Score™: 56/100 with 9 warning signs

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


ASE Technology Holding Co Business Description

Address No. 26, Chin Third Road, Nantze Export Processing Zone, Nanzih District, Kaoshiung, Kaohsiung, TWN, 811
ASE Technology Holding Co Ltd is a semiconductor assembly and testing firm. The company operates in segments: Packaging, Testing, Electronic Manufacturing Services and others. Of these, Packaging segment contribute the maximum revenue. The packaging segment involves packaging bare semiconductors into completed semiconductors with improved electrical and thermal characteristics. The Testing Segment includes front-end engineering testing, wafer probing, and final testing services. In the EMS segment, the company designs manufactures, and sells electronic components and telecommunication equipment motherboards. The company is based in Taiwan but generates over half its sales from firms in the United States.
56GF Score

Get the complete analysis for MEX:ASEH N

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

MXN699.00
Price
MXN194.64
GF Value