Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
PerfectPERF 76 Cash Ratio is 4.21 as of Mar. 2026, which is 16% below its 10-year median of 5.00. GuruFocus rates PERF with a GF Score™ of 76/100 and a GF Value™ of $2.73 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,814 Software companies, Perfect ranks better than 90.65% on this metric.
Perfect has a Cash Ratio of 4.21. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.
The historical rank and industry rank for Perfect's Cash Ratio or its related term are showing as below:
PERF'
s Cash Ratio Range Over the Past 10 Years
Min: 3.78 Med: 5 Max: 7.73
Current: 4.21
During the past 8 years, Perfect's highest Cash Ratio was 7.73. The lowest was 3.78. And the median was 5.00.
PERF's Cash Ratio is ranked better than 90.65% of 2814
companies
in the Software industry
Industry Median: 0.78
vs PERF: 4.21
Perfect (NYSE:PERF) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Perfect Cash Ratio Related Terms
Perfect Cash Ratio Historical Data
* Premium members only.
The historical data trend for Perfect's Cash 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.
For the Software - Application subindustry, Perfect's Cash Ratio, along with its competitors' market caps and Cash 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.
Perfect Cash Ratio vs Software Industry
For the Software industry and Technology sector, Perfect's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Perfect's Cash Ratio falls into.
* 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.
Perfect (PERF) has a Cash Ratio of 4.21 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Perfect and its competitors. This is 16% below median its historical median of 5.00. Over the past decade, Perfect's Cash Ratio has ranged from 3.78 to 7.73. According to the industry distribution chart, Perfect ranks #263 out of 2814 companies in the Software industry, placing it in the top 9.3%.
Is Perfect's Cash Ratio too high?
Perfect's current Cash Ratio of 4.21 is 16% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.78 to a high of 7.73. The Software industry median Cash Ratio is 0.78. Perfect's value of 4.21 is 439.7% above this industry median. Based on the distribution chart, Perfect ranks #263 out of 2814 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Perfect has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Perfect's Cash Ratio compare to DMRC and TRAK?
According to the Software industry distribution chart, Perfect ranks #263 out of 2814 companies for Cash Ratio. This places Perfect in the top 9% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.78. Perfect's value of 4.21 is 439.7% above this benchmark. Historically, Perfect's own Cash Ratio has ranged from 3.78 to 7.73 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 0.78, Perfect 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 Cash Ratio for a Software company?
The median Cash Ratio among Software companies is 0.78, based on 2,814 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Perfect's current Cash Ratio of 4.21 is 439.7% 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 Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Perfect and its competitors. For the Software industry, the median Cash Ratio is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perfect's current Cash Ratio is 4.21, which is 16% below median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perfect stock overvalued right now?
Based on GuruFocus' analysis, Perfect (PERF) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.73, compared to a current price of $1.92 — trading 29.7% below its estimated fair value. The current Cash Ratio is 4.21, which is 16% below median its 10-year median of 5.00 and 439.7% above the Software industry median of 0.78. Perfect's overall GF Score™ is 76/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Perfect (PERF), the current Cash Ratio is 4.21 as of Mar. 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 Perfect (PERF) Overvalued in 2026?
Based on GuruFocus' analysis, Perfect stock appears to be undervalued.
The current stock price of $1.92 is trading 29.7% below its estimated GF Value™ of $2.73.
GuruFocus considers Perfect to be Modestly Undervalued.
Key valuation signals for PERF:
Cash Ratio: 4.21 (16% below median its 10-year median of 5.00)
GF Value™: $2.73 vs. price of $1.92 (29.7% below fair value)
Industry Position: 439.7% above the Software median (#263 of 2814)
No single metric tells the full story. See the PERF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Perfect Corp is engaged in the beauty and fashion tech revolution, providing omni-channel integrated solutions. The company runs a hybrid business model of direct consumer business (B2C business) and enterprise business (B2B business). For B2C businesses, the company offers six mobile apps under the "YouCam" suite, along with one online editing service tool, YouCam Online Editor, featuring AI and AR technologies. For B2B businesses, the company offers AI and AR-powered solutions tailored for the beauty and fashion industry. Geographically, the company has a presence in the United States, Americas-other, France, Japan, and Others. The company generates the majority of its revenue from the United States.
76GF Score
Get the complete analysis for PERF
Cash Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PERF has been successfully added to your 
