Etron Technology (ROCO:5351) Cyclically Adjusted Revenue per Share: NT$21.37 (As of Mar. 2026)

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ROCO:5351 Etron Technology Inc ROCO:5351
40 GF Score
Price NT$133.00
GF Value NT$72.56
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Etron Technology Cyclically Adjusted Revenue per Share?

Etron Technology ROCO:5351 +3.10% 40 Cyclically Adjusted Revenue per Share is NT$21.37 as of Mar. 2026. GuruFocus rates ROCO:5351 with a GF Score™ of 40/100 and a GF Value™ of NT$72.56 (Significantly Overvalued). The stock has 5 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.

Etron Technology's adjusted revenue per share for the three months ended in Mar. 2026 was NT$8.316. 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 NT$21.37 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Etron Technology's average Cyclically Adjusted Revenue Growth Rate was -6.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -8.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -4.50% 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 Etron Technology was -0.60% per year. The lowest was -8.30% per year. And the median was -3.15% per year.

As of today (2026-08-16), Etron Technology's current stock price is NT$133.00. Etron Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$21.37. Etron Technology's Cyclically Adjusted PS Ratio of today is 6.22.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Etron Technology was 6.22. The lowest was 0.28. And the median was 1.53.


Etron Technology  (ROCO:5351) 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.

Etron Technology's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=133.00/21.37
=6.22

* 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 Etron Technology was 6.22. The lowest was 0.28. And the median was 1.53.


Be Aware

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


Etron Technology Cyclically Adjusted Revenue per Share Related Terms


Etron Technology Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Etron Technology'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.

Etron Technology Cyclically Adjusted Revenue per Share Chart

Etron Technology 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 27.37 27.35 25.71 23.40 21.11

Etron 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 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 22.82 22.15 21.64 21.11 21.37

ROCO:5351 vs NVDA, AVGO, MU: Cyclically Adjusted Revenue per Share Comparison

For the Semiconductors subindustry, Etron 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.


Etron Technology Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


ROCO:5351
40GF Score
Etron Technology Inc ROCO:5351
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Etron Technology 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, Etron 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)
=8.316/330.2130*330.2130
=8.316

Current CPI (Mar. 2026) = 330.2130.

Etron Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.885 241.018 9.433
201609 6.478 241.428 8.860
201612 6.493 241.432 8.881
201703 6.153 243.801 8.334
201706 6.209 244.955 8.370
201709 6.303 246.819 8.433
201712 6.601 246.524 8.842
201803 5.615 249.554 7.430
201806 5.877 251.989 7.701
201809 4.803 252.439 6.283
201812 3.659 251.233 4.809
201903 3.128 254.202 4.063
201906 3.795 256.143 4.892
201909 4.056 256.759 5.216
201912 4.180 256.974 5.371
202003 3.617 258.115 4.627
202006 3.780 257.797 4.842
202009 3.749 260.280 4.756
202012 3.568 260.474 4.523
202103 3.623 264.877 4.517
202106 4.381 271.696 5.325
202109 6.104 274.310 7.348
202112 8.366 278.802 9.909
202203 5.510 287.504 6.329
202206 4.576 296.311 5.100
202209 3.440 296.808 3.827
202212 2.286 296.797 2.543
202303 1.918 301.836 2.098
202306 2.522 305.109 2.730
202309 2.294 307.789 2.461
202312 2.540 306.746 2.734
202403 2.920 312.332 3.087
202406 3.537 314.175 3.718
202409 3.015 315.301 3.158
202412 2.086 315.605 2.183
202503 1.926 319.799 1.989
202506 2.289 322.561 2.343
202509 3.270 324.800 3.324
202512 4.898 324.054 4.991
202603 8.316 330.213 8.316

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 NT$21.37 mean?
Etron Technology (ROCO:5351) has a Cyclically Adjusted Revenue per Share of NT$21.37 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 Etron Technology and its competitors.
Is Etron Technology's Cyclically Adjusted Revenue per Share too high?
Etron Technology's current Cyclically Adjusted Revenue per Share is NT$21.37. Overall, Etron Technology has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Etron Technology's Cyclically Adjusted Revenue per Share compare to NVDA and AVGO?
Etron Technology's Cyclically Adjusted Revenue per Share of NT$21.37 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 Etron Technology and its competitors. Etron Technology's current Cyclically Adjusted Revenue per Share is NT$21.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Etron Technology stock overvalued right now?
Based on GuruFocus' analysis, Etron Technology (ROCO:5351) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$72.56, compared to a current price of NT$133.00 — trading 83.3% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$21.37. Etron Technology's overall GF Score™ is 40/100 with 5 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 Etron Technology (ROCO:5351), the current Cyclically Adjusted Revenue per Share is NT$21.37 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 Etron Technology (ROCO:5351) Overvalued in 2026?

Based on GuruFocus' analysis, Etron Technology stock appears to be overvalued. The current stock price of NT$133.00 is trading 83.3% above its estimated GF Value™ of NT$72.56. GuruFocus considers Etron Technology to be Significantly Overvalued.

Key valuation signals for ROCO:5351:

  • Cyclically Adjusted Revenue per Share: NT$21.37
  • GF Value™: NT$72.56 vs. price of NT$133.00 (83.3% above fair value)
  • GF Score™: 40/100 with 5 warning signs

No single metric tells the full story. See the ROCO:5351 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Etron Technology Business Description

Address No. 6 Technology Road 5, Hsinchu Science Park, Hsinchu, TWN, 30078
Etron Technology Inc is engaged in the manufacturing and design of various integrated circuits. The Company is mainly engaged in the design, manufacturing, and sale of niche memory chips. Its product portfolio consists of Memory ICs, which include Commercial DRAM, Industrial DRAM, Automotive DRAM, Known Good Die, DRAM, and Flash; and Logic ICs, which include USB and 3D Sensing. Geographically, the company operates in Taiwan, Asia, and other countries. The majority of its revenue is generated from the Asia region.
40GF Score

Get the complete analysis for ROCO:5351

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

NT$133.00
Price
NT$72.56
GF Value