Macronix International Co (TPE:2337) Cyclically Adjusted Revenue per Share: NT$22.04 (As of Dec. 2025)

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TPE:2337 Macronix International Co Ltd TPE:2337
54 GF Score
Price NT$124.00
GF Value NT$52.51
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Macronix International Co Cyclically Adjusted Revenue per Share?

Macronix International Co TPE:2337 -4.25% 54 Cyclically Adjusted Revenue per Share is NT$22.04 as of Dec. 2025. GuruFocus rates TPE:2337 with a GF Score™ of 54/100 and a GF Value™ of NT$52.51 (Significantly Overvalued). The stock has 4 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.

Macronix International Co's adjusted revenue per share for the three months ended in Dec. 2025 was NT$4.075. 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$22.04 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Macronix International Co's average Cyclically Adjusted Revenue Growth Rate was 2.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.10% 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 Macronix International Co was 8.00% per year. The lowest was 2.20% per year. And the median was 4.40% per year.

As of today (2026-07-26), Macronix International Co's current stock price is NT$124.00. Macronix International Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$22.04. Macronix International Co's Cyclically Adjusted PS Ratio of today is 5.63.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Macronix International Co was 7.67. The lowest was 0.53. And the median was 1.70.


Macronix International Co  (TPE:2337) 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.

Macronix International Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=124.00/22.04
=5.63

* 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 Macronix International Co was 7.67. The lowest was 0.53. And the median was 1.70.


Be Aware

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


Macronix International Co Cyclically Adjusted Revenue per Share Related Terms


Macronix International Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Macronix International 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.

Macronix International Co Cyclically Adjusted Revenue per Share Chart

Macronix International 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 18.90 20.67 21.21 21.53 22.04

Macronix International Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 21.53 21.78 21.96 22.12 22.04

TPE:2337 vs NVDA, AVGO, MU: Cyclically Adjusted Revenue per Share Comparison

For the Semiconductors subindustry, Macronix International 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.


Macronix International Co Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


TPE:2337
54GF Score
Macronix International Co Ltd TPE:2337
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Macronix International 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, Macronix International Co's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=4.075/324.0540*324.0540
=4.075

Current CPI (Dec. 2025) = 324.0540.

Macronix International Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 2.867 238.132 3.901
201606 2.858 241.018 3.843
201609 3.952 241.428 5.305
201612 3.781 241.432 5.075
201703 3.635 243.801 4.832
201706 3.550 244.955 4.696
201709 5.669 246.819 7.443
201712 5.569 246.524 7.320
201803 4.871 249.554 6.325
201806 4.770 251.989 6.134
201809 5.339 252.439 6.854
201812 4.335 251.233 5.592
201903 3.177 254.202 4.050
201906 3.973 256.143 5.026
201909 6.426 256.759 8.110
201912 5.154 256.974 6.499
202003 5.068 258.115 6.363
202006 5.019 257.797 6.309
202009 5.891 260.280 7.334
202012 5.409 260.474 6.729
202103 5.151 264.877 6.302
202106 6.113 271.696 7.291
202109 7.887 274.310 9.317
202112 7.463 278.802 8.674
202203 6.094 287.504 6.869
202206 6.027 296.311 6.591
202209 6.011 296.808 6.563
202212 4.761 296.797 5.198
202303 3.832 301.836 4.114
202306 4.186 305.109 4.446
202309 3.928 307.789 4.136
202312 3.133 306.746 3.310
202403 3.107 312.332 3.224
202406 3.381 314.175 3.487
202409 4.186 315.301 4.302
202412 3.189 315.605 3.274
202503 3.311 319.799 3.355
202506 3.676 322.561 3.693
202509 4.472 324.800 4.462
202512 4.075 324.054 4.075

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$22.04 mean?
Macronix International Co (TPE:2337) has a Cyclically Adjusted Revenue per Share of NT$22.04 as of Dec. 2025. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Macronix International Co and its competitors.
Is Macronix International Co's Cyclically Adjusted Revenue per Share too high?
Macronix International Co's current Cyclically Adjusted Revenue per Share is NT$22.04. Overall, Macronix International Co has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Macronix International Co's Cyclically Adjusted Revenue per Share compare to NVDA and AVGO?
Macronix International Co's Cyclically Adjusted Revenue per Share of NT$22.04 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 Macronix International Co and its competitors. Macronix International Co's current Cyclically Adjusted Revenue per Share is NT$22.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macronix International Co stock overvalued right now?
Based on GuruFocus' analysis, Macronix International Co (TPE:2337) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$52.51, compared to a current price of NT$124.00 — trading 136.1% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$22.04. Macronix International Co's overall GF Score™ is 54/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Macronix International Co (TPE:2337), the current Cyclically Adjusted Revenue per Share is NT$22.04 as of Dec. 2025. 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 Macronix International Co (TPE:2337) Overvalued in 2026?

Based on GuruFocus' analysis, Macronix International Co stock appears to be overvalued. The current stock price of NT$124.00 is trading 136.1% above its estimated GF Value™ of NT$52.51. GuruFocus considers Macronix International Co to be Significantly Overvalued.

Key valuation signals for TPE:2337:

  • Cyclically Adjusted Revenue per Share: NT$22.04
  • GF Value™: NT$52.51 vs. price of NT$124.00 (136.1% above fair value)
  • GF Score™: 54/100 with 4 warning signs

No single metric tells the full story. See the TPE:2337 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Macronix International Co Business Description

Address No. 16 Li-Hsin Road, Science Park, Hsin-Chu, TWN
Macronix International Co Ltd designs, manufactures, and supplies integrated circuits and memory chips. It specializes in nonvolatile memory devices, including NOR Flash, NAND Flash, and read-only memory products. The Company also performs design, research and development, consultation and trade of relevant products. The company operates as a single reportable segment: the memory products and wafer fabrication segment. The firm operates in four Products: Flash, ROM, Foundry, and Others. The majority of revenue is from Flash Product. The company operates in Taiwan, China, and other countries generating key revenue from Taiwan region.
54GF Score

Get the complete analysis for TPE:2337

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

NT$124.00
Price
NT$52.51
GF Value