ASX vs. CBRS: ASE vs. Cerebras Systems Stock Comparison

Company Profile

ASE (ASX) and Cerebras Systems (CBRS) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.

ASE (ASX) has been public since October 2, 2000, giving it decades of market history across multiple cycles, while Cerebras Systems (CBRS) listed only on May 14, 2026 and lacks comparable through-cycle data.

Cerebras Systems (CBRS) trades as ordinary local shares, while ASE (ASX) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Both ASX and CBRS need 1-year volatility and 1-year return to plot risk-return positioning.

Risk-Adjusted Metrics

Profitability

Capital efficiency shows on one side only: ASE (ASX) earns 19.90% on shareholders’ equity, ranked against its industry; Cerebras Systems (CBRS) has no ROE this period.

Cerebras Systems (CBRS) reports a negative net margin of -75.27%, usually indicating a net loss over the period. Meanwhile ASE (ASX) reports 9.78%, ranking against industry peers normally.

Cerebras Systems (CBRS) reports a negative operating margin of -264.97%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile ASE (ASX) reports 13.57%, ranking against industry peers normally.

Profitability Metrics

Growth

Cerebras Systems (CBRS) at 75.71% clears its industry range for revenue growth, far stronger top-line momentum than ASE (ASX) at 8.39%, which is closer to a typical peer reading.

Only one side can be read here: ASE (ASX) reports EPS growth of 22.96%, ranked against its industry; Cerebras Systems (CBRS) has no EPS growth figure this period.

Growth Metrics

Financial Strength

Cerebras Systems (CBRS) at 5.83 carries current ratio above its industry’s typical mid-range, while ASE (ASX) at 1.16 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

Cerebras Systems (CBRS) at 0.16 carries an industry-typical debt-to-equity mix, while ASE (ASX) at 0.87 uses more debt funding than most peers.

Financial Strength Metrics

Dividends

Neither ASE (ASX) nor Cerebras Systems (CBRS) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

Cerebras Systems (CBRS) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile ASE (ASX) reports a payout of 39.77%, ranking against industry peers normally.

Dividend Metrics

Valuation

An earnings multiple is available for just one side: ASE (ASX) trades at 30.41 times trailing earnings, ranked against its peers, while Cerebras Systems (CBRS) has no P/E ratio this period.

ASE (ASX) at 0.09 sits in the cheaper P/S ratio quartile while Cerebras Systems (CBRS) at 31.30 prices above its industry range — a wide gap in sales valuation between them.

Cerebras Systems (CBRS) at 2.23 sits in the lower P/B ratio quartile against book while ASE (ASX) at 5.34 is valued near its industry’s middle — CBRS is cheaper on assets, though weigh it against ROE and asset quality.

Valuation Metrics