Formosa Sumco Technology (TPE:3532) Cyclically Adjusted Revenue per Share: NT$38.72 (As of Dec. 2025)

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TPE:3532 Formosa Sumco Technology Corp TPE:3532
58 GF Score
Price NT$466.00
GF Value NT$117.62
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Formosa Sumco Technology Cyclically Adjusted Revenue per Share?

Formosa Sumco Technology TPE:3532 +9.91% 58 Cyclically Adjusted Revenue per Share is NT$38.72 as of Dec. 2025. GuruFocus rates TPE:3532 with a GF Score™ of 58/100 and a GF Value™ of NT$117.62 (Significantly Overvalued). The stock has 10 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.

Formosa Sumco Technology's adjusted revenue per share for the three months ended in Dec. 2025 was NT$8.427. 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$38.72 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Formosa Sumco Technology's average Cyclically Adjusted Revenue Growth Rate was 1.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.40% 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 Formosa Sumco Technology was 7.70% per year. The lowest was 2.40% per year. And the median was 5.95% per year.

As of today (2026-07-20), Formosa Sumco Technology's current stock price is NT$466.00. Formosa Sumco Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$38.72. Formosa Sumco Technology's Cyclically Adjusted PS Ratio of today is 12.04.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Formosa Sumco Technology was 11.36. The lowest was 1.87. And the median was 4.27.


Formosa Sumco Technology  (TPE:3532) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=466.00/38.72
=12.04

* 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 Formosa Sumco Technology was 11.36. The lowest was 1.87. And the median was 4.27.


Be Aware

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


Formosa Sumco Technology Cyclically Adjusted Revenue per Share Related Terms


Formosa Sumco Technology Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Formosa Sumco 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.

Formosa Sumco Technology Cyclically Adjusted Revenue per Share Chart

Formosa Sumco 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 32.81 36.03 37.73 38.20 38.72

Formosa Sumco Technology 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 38.20 38.46 38.61 38.80 38.72

TPE:3532 vs AMAT, LRCX, KLAC: Cyclically Adjusted Revenue per Share Comparison

For the Semiconductor Equipment & Materials subindustry, Formosa Sumco 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.


Formosa Sumco Technology Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


TPE:3532
58GF Score
Formosa Sumco Technology Corp TPE:3532
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Formosa Sumco 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, Formosa Sumco Technology'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)
=8.427/324.0540*324.0540
=8.427

Current CPI (Dec. 2025) = 324.0540.

Formosa Sumco Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 6.538 238.132 8.897
201606 6.818 241.018 9.167
201609 7.146 241.428 9.592
201612 7.240 241.432 9.718
201703 7.694 243.801 10.227
201706 8.051 244.955 10.651
201709 8.436 246.819 11.076
201712 4.282 246.524 5.629
201803 4.922 249.554 6.391
201806 10.465 251.989 13.458
201809 9.725 252.439 12.484
201812 10.876 251.233 14.028
201903 9.390 254.202 11.970
201906 7.378 256.143 9.334
201909 6.194 256.759 7.817
201912 7.055 256.974 8.897
202003 7.557 258.115 9.488
202006 7.976 257.797 10.026
202009 7.633 260.280 9.503
202012 7.613 260.474 9.471
202103 7.615 264.877 9.316
202106 7.368 271.696 8.788
202109 8.172 274.310 9.654
202112 8.197 278.802 9.527
202203 9.638 287.504 10.863
202206 10.443 296.311 11.421
202209 10.834 296.808 11.829
202212 11.339 296.797 12.380
202303 9.700 301.836 10.414
202306 9.372 305.109 9.954
202309 9.336 307.789 9.829
202312 9.914 306.746 10.473
202403 7.809 312.332 8.102
202406 8.282 314.175 8.542
202409 7.897 315.301 8.116
202412 8.034 315.605 8.249
202503 7.694 319.799 7.796
202506 7.750 322.561 7.786
202509 7.904 324.800 7.886
202512 8.427 324.054 8.427

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$38.72 mean?
Formosa Sumco Technology (TPE:3532) has a Cyclically Adjusted Revenue per Share of NT$38.72 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 Formosa Sumco Technology and its competitors.
Is Formosa Sumco Technology's Cyclically Adjusted Revenue per Share too high?
Formosa Sumco Technology's current Cyclically Adjusted Revenue per Share is NT$38.72. Overall, Formosa Sumco Technology has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Formosa Sumco Technology's Cyclically Adjusted Revenue per Share compare to AMAT and LRCX?
Formosa Sumco Technology's Cyclically Adjusted Revenue per Share of NT$38.72 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 Formosa Sumco Technology and its competitors. Formosa Sumco Technology's current Cyclically Adjusted Revenue per Share is NT$38.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosa Sumco Technology stock overvalued right now?
Based on GuruFocus' analysis, Formosa Sumco Technology (TPE:3532) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$117.62, compared to a current price of NT$466.00 — trading 296.2% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$38.72. Formosa Sumco Technology's overall GF Score™ is 58/100 with 10 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 Formosa Sumco Technology (TPE:3532), the current Cyclically Adjusted Revenue per Share is NT$38.72 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 Formosa Sumco Technology (TPE:3532) Overvalued in 2026?

Based on GuruFocus' analysis, Formosa Sumco Technology stock appears to be overvalued. The current stock price of NT$466.00 is trading 296.2% above its estimated GF Value™ of NT$117.62. GuruFocus considers Formosa Sumco Technology to be Significantly Overvalued.

Key valuation signals for TPE:3532:

  • Cyclically Adjusted Revenue per Share: NT$38.72
  • GF Value™: NT$117.62 vs. price of NT$466.00 (296.2% above fair value)
  • GF Score™: 58/100 with 10 warning signs

No single metric tells the full story. See the TPE:3532 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Formosa Sumco Technology Business Description

Address Nanjing East Road, 8th Floor, A1 Building, No. 380, Section 6, Neihu District, Taipei, TWN
Formosa Sumco Technology Corp is a Taiwan-based manufacturer and seller of silicon wafer electronic products. The company operates in two principal geographical areas: Taiwan, China, and Japan, with the majority of revenue from Taiwan. The company's product range includes Polished Wafers, Annealed Wafers, Test Wafers, and Epitaxial Wafers.
58GF Score

Get the complete analysis for TPE:3532

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

NT$466.00
Price
NT$117.62
GF Value