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ASE Technology Holding CoASX +0.94%72 Shiller PE Ratio is 71.27 as of Aug. 17, 2026, which is 299% above its 10-year median of 17.85. GuruFocus rates ASX with a GF Score™ of 72/100 and a GF Value™ of $12.74 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 539 Semiconductors companies, ASE Technology Holding Co ranks worse than 66.79% on this metric.
The historical rank and industry rank for ASE Technology Holding Co's Shiller PE Ratio or its related term are showing as below:
ASX'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.83 Med: 17.85 Max: 81
Current: 73.91
During the past years, ASE Technology Holding Co's highest Shiller PE Ratio was 81.00. The lowest was 11.83. And the median was 17.85.
ASX's Shiller PE Ratio is ranked worse than 66.79% of 539
companies
in the Semiconductors industry
Industry Median: 43.14
vs ASX: 73.91
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.
ASE Technology Holding Co's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.292. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.56 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
ASE Technology Holding Co (NYSE:ASX) Shiller PE Ratio Explanation
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Be Aware
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
ASE Technology Holding Co Shiller PE Ratio Related Terms
ASE Technology Holding Co Shiller PE Ratio Historical Data
* 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.
ASX vs NVDA, AVGO, MU: Shiller PE Ratio Comparison
For the Semiconductors subindustry, ASE Technology Holding Co's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.
ASE Technology Holding Co Shiller PE Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, ASE Technology Holding Co's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where ASE Technology Holding Co's Shiller PE Ratio falls into.
ASE Technology Holding Co Shiller PE Ratio Calculation
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
* 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.
Add all the adjusted EPS together and divide 10 will get our E10.
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.
ASE Technology Holding Co (ASX) has a Shiller PE Ratio of 71.27 as of Aug. 17, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on ASE Technology Holding Co and its competitors. This is 299% above median its historical median of 17.85. Over the past decade, ASE Technology Holding Co's Shiller PE Ratio has ranged from 11.83 to 81.00. According to the industry distribution chart, ASE Technology Holding Co ranks #360 out of 539 companies in the Semiconductors industry, placing it in the top 66.8%.
Is ASE Technology Holding Co's Shiller PE Ratio too high?
ASE Technology Holding Co's current Shiller PE Ratio of 71.27 is 299% above median its 10-year median of 17.85. Over the past 10 years, this metric has ranged from a low of 11.83 to a high of 81.00. The Semiconductors industry median Shiller PE Ratio is 43.14. ASE Technology Holding Co's value of 71.27 is 65.2% above this industry median. Based on the distribution chart, ASE Technology Holding Co ranks #360 out of 539 companies in the Semiconductors industry, which is below the industry midpoint. Overall, ASE Technology Holding Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASE Technology Holding Co's Shiller PE Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, ASE Technology Holding Co ranks #360 out of 539 companies for Shiller PE Ratio. This places ASE Technology Holding Co in the lower half of its industry. The industry median Shiller PE Ratio is 43.14. ASE Technology Holding Co's value of 71.27 is 65.2% above this benchmark. Historically, ASE Technology Holding Co's own Shiller PE Ratio has ranged from 11.83 to 81.00 over the past decade. While the company's 10-year median is 17.85 vs. the industry median of 43.14, ASE Technology Holding Co 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 Shiller PE Ratio for a Semiconductors company?
The median Shiller PE Ratio among Semiconductors companies is 43.14, based on 539 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ASE Technology Holding Co's current Shiller PE Ratio of 71.27 is 65.2% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on ASE Technology Holding Co and its competitors. For the Semiconductors industry, the median Shiller PE Ratio is 43.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASE Technology Holding Co's current Shiller PE Ratio is 71.27, which is 299% above median its own 10-year median of 17.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASE Technology Holding Co stock overvalued right now?
Based on GuruFocus' analysis, ASE Technology Holding Co (ASX) is currently considered Significantly Overvalued. The stock's GF Value™ is $12.74, compared to a current price of $39.91 — trading 213.3% above its estimated fair value. The current Shiller PE Ratio is 71.27, which is 299% above median its 10-year median of 17.85 and 65.2% above the Semiconductors industry median of 43.14. ASE Technology Holding Co's overall GF Score™ is 72/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For ASE Technology Holding Co (ASX), the current Shiller PE Ratio is 71.27 as of Aug. 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 ASE Technology Holding Co (ASX) Overvalued in 2026?
Based on GuruFocus' analysis, ASE Technology Holding Co stock appears to be overvalued.
The current stock price of $39.91 is trading 213.3% above its estimated GF Value™ of $12.74.
GuruFocus considers ASE Technology Holding Co to be Significantly Overvalued.
Key valuation signals for ASX:
Shiller PE Ratio: 71.27 (299% above median its 10-year median of 17.85)
GF Value™: $12.74 vs. price of $39.91 (213.3% above fair value)
Industry Position: 65.2% above the Semiconductors median (#360 of 539)
No single metric tells the full story. See the ASX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASE Technology Holding Co Ltd is a semiconductor assembly and testing firm. The company operates in segments: Packaging, Testing, Electronic Manufacturing Services and others. Of these, Packaging segment contribute the maximum revenue. The packaging segment involves packaging bare semiconductors into completed semiconductors with improved electrical and thermal characteristics. The Testing Segment includes front-end engineering testing, wafer probing, and final testing services. In the EMS segment, the company designs manufactures, and sells electronic components and telecommunication equipment motherboards. The company is based in Taiwan but generates over half its sales from firms in the United States.
72GF Score
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