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GSI Technology (GSI Technology) Cyclically Adjusted PS Ratio : 1.45 (As of May. 15, 2024)


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What is GSI Technology Cyclically Adjusted PS Ratio?

As of today (2024-05-15), GSI Technology's current share price is $3.14. GSI Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $2.16. GSI Technology's Cyclically Adjusted PS Ratio for today is 1.45.

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

GSIT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.65   Med: 2.28   Max: 3.77
Current: 1.36

During the past years, GSI Technology's highest Cyclically Adjusted PS Ratio was 3.77. The lowest was 0.65. And the median was 2.28.

GSIT's Cyclically Adjusted PS Ratio is ranked better than
68.13% of 684 companies
in the Semiconductors industry
Industry Median: 2.29 vs GSIT: 1.36

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.

GSI Technology's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.211. 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 $2.16 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


GSI Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for GSI Technology'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.

* Premium members only.

GSI Technology Cyclically Adjusted PS Ratio Chart

GSI Technology Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.71 2.84 1.63 0.76 -

GSI Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.76 2.47 1.22 1.22 -

Competitive Comparison of GSI Technology's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, GSI 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.


GSI Technology's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



GSI Technology 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.

GSI Technology's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.14/2.16
=1.45

* 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.

GSI Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, GSI Technology's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.211/129.4194*129.4194
=0.211

Current CPI (Dec. 2023) = 129.4194.

GSI Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.467 99.695 0.606
201406 0.471 100.560 0.606
201409 0.519 100.428 0.669
201412 0.585 99.070 0.764
201503 0.560 99.621 0.728
201506 0.611 100.684 0.785
201509 0.599 100.392 0.772
201512 0.571 99.792 0.741
201603 0.552 100.470 0.711
201606 0.601 101.688 0.765
201609 0.633 101.861 0.804
201612 0.544 101.863 0.691
201703 0.507 102.862 0.638
201706 0.514 103.349 0.644
201709 0.459 104.136 0.570
201712 0.525 104.011 0.653
201803 0.525 105.290 0.645
201806 0.522 106.317 0.635
201809 0.587 106.507 0.713
201812 0.646 105.998 0.789
201903 0.529 107.251 0.638
201906 0.576 108.070 0.690
201909 0.511 108.329 0.610
201912 0.435 108.420 0.519
202003 0.368 108.902 0.437
202006 0.282 108.767 0.336
202009 0.282 109.815 0.332
202012 0.285 109.897 0.336
202103 0.321 111.754 0.372
202106 0.365 114.631 0.412
202109 0.322 115.734 0.360
202112 0.330 117.630 0.363
202203 0.357 121.301 0.381
202206 0.363 125.017 0.376
202209 0.365 125.227 0.377
202212 0.262 125.222 0.271
202303 0.218 127.348 0.222
202306 0.225 128.729 0.226
202309 0.227 129.860 0.226
202312 0.211 129.419 0.211

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.


GSI Technology  (NAS:GSIT) 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.


GSI Technology Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of GSI Technology's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


GSI Technology (GSI Technology) Business Description

Traded in Other Exchanges
N/A
Address
1213 Elko Drive, Sunnyvale, CA, USA, 94089
GSI Technology Inc is a provider of semiconductor memory solutions. The company develops and markets high-performance memory products, including Very Fast static random access memory, or SRAM, that are incorporated in high-performance networking and telecommunications equipment, such as routers, switches, wide area network infrastructure equipment, wireless base stations, and network access equipment. It sells these products to original equipment manufacturers, and customers including Nokia. In addition, it serves the ongoing needs of the military, aerospace, industrial, test and measurement equipment, and automotive and medical markets for high-performance SRAMs. It operates geographically in China, Singapore, the Netherlands, Germany, Rest of the world, and the United States.
Executives
Robert Yau director, officer: VP, Engin., Sect. & Director GSI TECHNOLOGY, INC., 2360 OWEN STREET, SANTA CLARA CA 95054
Avidan Akerib officer: VP of Associative Computing C/O GSI TECHNOLOGY, INC., 1213 ELKO DRIVE, SUNNYVALE CA 94089
Elizabeth Cholawsky director 1636 LA VISTA DEL OCEANO, SANTA BARBARA CA 93109
Ruey-lin Lu director EMPIA TECHNOLOGY, 2600 AUGUSTINE DRIVE, SANTA CLARA CA 95054
Douglas Schirle officer: CFO GSI TECHNOLOGY, INC., 1213 ELKO DRIVE, SUNNYVALE CA 94089
Didier Lasserre officer: VP, Sales GSI TECHNOLOGY, INC., 2360 OWEN STREET, SANTA CLARA CA 95054
Hong-po Hsieh director 20 PARK AVE. II, HSINCHU SCIENCE PARK, HSINCHU F5 308
Kim Le director 1608 PALA RANCH CIRCLE, SAN JOSE CA 95133
Jack A. Bradley director C/O GSI TECHNOLOGY, INC., 1213 ELKO DRIVE, SUNNYVALE CA 94089
Arthur O Whipple director 870 WEST MAUDE AVE, SUNNYVALE CA 94085
Ping Tak Wu officer: VP, U.S. Operations GSI TECHNOLOGY, INC., 2360 OWEN STREET, SANTA CLARA CA 95054
Barbara H Nelson director C/O QUANTUM CORP, 501 SYCAORE DR, MILPITAS CA 95035
Bor-tay Wu officer: VP, Taiwan Operations GSI TECHNOLOGY, INC., 1213 ELKO DRIVE, SANTA CLARA CA 94089
Lee-lean Shu director, 10 percent owner, officer: Pres., CEO and Chairman GSI TECHNOLOGY, INC., 1213 ELKO DRIVE, SANTA CLARA CA 94089
E Thomas Hart director 1277 ORLEANS DRIVE, SUNNYVALE CA 94089-1138