TSEC (TPE:6443) PS Ratio: 8.40 (As of Jul. 17, 2026) — 386% Above Median

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TPE:6443 TSEC Corp TPE:6443
36 GF Score
Price NT$29.85
GF Value NT$6.05
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is TSEC PS Ratio?

TSEC TPE:6443 -1.81% 36 PS Ratio is 8.40 as of Jul. 17, 2026, which is 386% above its 10-year median of 1.73. GuruFocus rates TPE:6443 with a GF Score™ of 36/100 and a GF Value™ of NT$6.05 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,020 Semiconductors companies, TSEC ranks worse than 69.31% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, TSEC's share price is NT$29.85. TSEC's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was NT$3.55. Hence, TSEC's PS Ratio for today is 8.40.

The historical rank and industry rank for TSEC's PS Ratio or its related term are showing as below:

TPE:6443' s PS Ratio Range Over the Past 10 Years
Min: 0.32   Med: 1.73   Max: 14.24
Current: 8.4

During the past 13 years, TSEC's highest PS Ratio was 14.24. The lowest was 0.32. And the median was 1.73.

TPE:6443's PS Ratio is ranked worse than
69.31% of 1020 companies
in the Semiconductors industry
Industry Median: 4.005 vs TPE:6443: 8.40

TSEC's Revenue per Sharefor the three months ended in Dec. 2025 was NT$0.73. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was NT$3.55.

Warning Sign:

TSEC Corp revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of TSEC was -59.60% per year. During the past 3 years, the average Revenue per Share Growth Rate was -43.30% per year. During the past 5 years, the average Revenue per Share Growth Rate was -19.30% per year. During the past 10 years, the average Revenue per Share Growth Rate was -12.90% per year.

During the past 13 years, TSEC's highest 3-Year average Revenue per Share Growth Rate was 52.00% per year. The lowest was -43.30% per year. And the median was -8.60% per year.

Back to Basics: PS Ratio


TSEC  (TPE:6443) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


TSEC PS Ratio Related Terms


TSEC PS Ratio Historical Data

* Premium members only.

The historical data trend for TSEC's 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.

TSEC PS Ratio Chart

TSEC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.06 1.75 1.84 2.03 7.84

TSEC Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 2.03 2.04 2.38 3.52 7.84

TPE:6443 vs FSLR, NXT, ENPH: PS Ratio Comparison

For the Solar subindustry, TSEC's PS Ratio, along with its competitors' market caps and 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.


TSEC PS Ratio vs Semiconductors Industry

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

* The bar in red indicates where TSEC's PS Ratio falls into.


TPE:6443
36GF Score
TSEC Corp TPE:6443
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TSEC PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

TSEC's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=29.85/3.554
=8.40

TSEC's Share Price of today is NT$29.85.
TSEC's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$3.55.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 8.40 mean?
TSEC (TPE:6443) has a PS Ratio of 8.40 as of Jul. 17, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on TSEC and its competitors. This is 386% above median its historical median of 1.73. Over the past decade, TSEC's PS Ratio has ranged from 0.32 to 14.24. According to the industry distribution chart, TSEC ranks #707 out of 1020 companies in the Semiconductors industry, placing it in the top 69.3%.
Is TSEC's PS Ratio too high?
TSEC's current PS Ratio of 8.40 is 386% above median its 10-year median of 1.73. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 14.24. The Semiconductors industry median PS Ratio is 4.01. TSEC's value of 8.40 is 109.7% above this industry median. Based on the distribution chart, TSEC ranks #707 out of 1020 companies in the Semiconductors industry, which is below the industry midpoint. Overall, TSEC has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TSEC's PS Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, TSEC ranks #707 out of 1020 companies for PS Ratio. This places TSEC in the lower half of its industry. The industry median PS Ratio is 4.01. TSEC's value of 8.40 is 109.7% above this benchmark. Historically, TSEC's own PS Ratio has ranged from 0.32 to 14.24 over the past decade. While the company's 10-year median is 1.73 vs. the industry median of 4.01, TSEC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PS Ratio for a Semiconductors company?
The median PS Ratio among Semiconductors companies is 4.01, based on 1,020 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TSEC's current PS Ratio of 8.40 is 109.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on TSEC and its competitors. For the Semiconductors industry, the median PS Ratio is 4.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSEC's current PS Ratio is 8.40, which is 386% above median its own 10-year median of 1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSEC stock overvalued right now?
Based on GuruFocus' analysis, TSEC (TPE:6443) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$6.05, compared to a current price of NT$29.85 — trading 393.4% above its estimated fair value. The current PS Ratio is 8.40, which is 386% above median its 10-year median of 1.73 and 109.7% above the Semiconductors industry median of 4.01. TSEC's overall GF Score™ is 36/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For TSEC (TPE:6443), the current PS Ratio is 8.40 as of Jul. 17, 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 TSEC (TPE:6443) Overvalued in 2026?

Based on GuruFocus' analysis, TSEC stock appears to be overvalued. The current stock price of NT$29.85 is trading 393.4% above its estimated GF Value™ of NT$6.05. GuruFocus considers TSEC to be Significantly Overvalued.

Key valuation signals for TPE:6443:

  • PS Ratio: 8.40 (386% above median its 10-year median of 1.73)
  • GF Value™: NT$6.05 vs. price of NT$29.85 (393.4% above fair value)
  • GF Score™: 36/100 with 5 warning signs
  • Industry Position: 109.7% above the Semiconductors median (#707 of 1020)

No single metric tells the full story. See the TPE:6443 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TSEC Business Description

Address Beixin Road, 8th Floor, No. 225, Sector 3, Xindian District, Taipei City, TWN, 23143
TSEC Corp is a Taiwan based PV manufacturing company. The company is engaged in the design, manufacture, construction, and sale of solar cells, modules, and power plants. It focuses on solar cells and module R&D, production, and sales, it also provides system integration services for power plant construction and long-term maintenance.
36GF Score

Get the complete analysis for TPE:6443

PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$29.85
Price
NT$6.05
GF Value