TD Synnex (MEX:SNX1) Cyclically Adjusted PS Ratio: 0.40 (As of Aug. 01, 2026) — 100% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

MEX:SNX1 TD Synnex Corp MEX:SNX1
85 GF Score
Price MXN2,727.15
GF Value MXN1,797.34
! 8 Warning Signs
View Full Analysis

What is TD Synnex Cyclically Adjusted PS Ratio?

TD Synnex MEX:SNX1 85 Cyclically Adjusted PS Ratio is 0.40 as of Aug. 01, 2026, which is 100% above its 10-year median of 0.20. GuruFocus rates MEX:SNX1 with a GF Score™ of 85/100 and a GF Value™ of MXN1,797.34. The stock has 8 warning signs investors should review. Among 1,976 Hardware companies, TD Synnex ranks better than 79% on this metric.

As of today (2026-08-01), TD Synnex's current share price is MXN2727.15. TD Synnex's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 was MXN6,751.39. TD Synnex's Cyclically Adjusted PS Ratio for today is 0.40.

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

MEX:SNX1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.2   Max: 0.44
Current: 0.4

During the past years, TD Synnex's highest Cyclically Adjusted PS Ratio was 0.44. The lowest was 0.09. And the median was 0.20.

MEX:SNX1's Cyclically Adjusted PS Ratio is ranked better than
79% of 1976 companies
in the Hardware industry
Industry Median: 1.34 vs MEX:SNX1: 0.40

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.

TD Synnex's adjusted revenue per share data for the three months ended in May. 2026 was MXN4,258.280. 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 MXN6,751.39 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TD Synnex  (MEX:SNX1) 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.


TD Synnex Cyclically Adjusted PS Ratio Related Terms


TD Synnex Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for TD Synnex'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.

TD Synnex Cyclically Adjusted PS Ratio Chart

TD Synnex Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.21 0.19 0.21 0.25

TD Synnex Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.21 0.25 0.25 0.25 0.40

MEX:SNX1 vs ARW, AVT, NSIT: Cyclically Adjusted PS Ratio Comparison

For the Electronics & Computer Distribution subindustry, TD Synnex'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.


TD Synnex Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


MEX:SNX1
85GF Score
TD Synnex Corp MEX:SNX1
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TD Synnex 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.

TD Synnex's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2727.15/6751.39
=0.40

* 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.

TD Synnex's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 is calculated as:

For example, TD Synnex's adjusted Revenue per Share data for the three months ended in May. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=4258.28/335.1230*335.1230
=4,258.280

Current CPI (May. 2026) = 335.1230.

TD Synnex Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201608 1,749.692 240.849 2,434.563
201611 2,005.661 241.353 2,784.897
201702 1,773.292 243.603 2,439.506
201705 1,849.137 244.733 2,532.100
201708 1,913.846 245.519 2,612.318
201711 2,354.453 246.669 3,198.745
201802 2,117.589 248.991 2,850.114
201805 2,470.134 251.588 3,290.295
201808 2,347.122 252.146 3,119.520
201811 2,414.087 252.038 3,209.897
201902 1,985.798 252.776 2,632.713
201905 2,207.860 256.092 2,889.214
201908 2,448.447 256.558 3,198.228
201911 725.264 257.208 944.965
202002 1,571.647 258.678 2,036.103
202005 1,941.749 256.394 2,537.987
202008 2,265.826 259.918 2,921.423
202011 2,397.235 260.229 3,087.160
202102 2,005.280 263.014 2,555.056
202105 2,257.461 269.195 2,810.331
202108 2,019.213 273.567 2,473.561
202111 3,504.290 277.948 4,225.136
202202 3,291.557 283.716 3,887.960
202205 3,138.743 292.296 3,598.629
202208 3,232.911 296.171 3,658.099
202211 3,308.984 297.711 3,724.809
202302 2,935.031 300.840 3,269.500
202305 2,665.291 304.127 2,936.932
202308 2,537.323 307.026 2,769.522
202311 2,769.721 307.051 3,022.942
202402 2,702.741 310.326 2,918.707
202405 2,760.376 314.069 2,945.421
202408 3,410.333 314.796 3,630.545
202411 3,820.365 315.493 4,058.068
202502 3,552.091 319.082 3,730.663
202505 3,501.640 321.465 3,650.413
202508 3,604.158 323.976 3,728.166
202511 3,933.845 324.122 4,067.363
202602 3,685.897 326.785 3,779.944
202605 4,258.280 335.123 4,258.280

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.

What does a Cyclically Adjusted PS Ratio of 0.40 mean?
TD Synnex (MEX:SNX1) has a Cyclically Adjusted PS Ratio of 0.40 as of Aug. 01, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on TD Synnex and its competitors. This is 100% above median its historical median of 0.20. Over the past decade, TD Synnex's Cyclically Adjusted PS Ratio has ranged from 0.09 to 0.44. According to the industry distribution chart, TD Synnex ranks #415 out of 1976 companies in the Hardware industry, placing it in the top 21%.
Is TD Synnex's Cyclically Adjusted PS Ratio too high?
TD Synnex's current Cyclically Adjusted PS Ratio of 0.40 is 100% above median its 10-year median of 0.20. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.44. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. TD Synnex's value of 0.40 is 70.1% below this industry median. Based on the distribution chart, TD Synnex ranks #415 out of 1976 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, TD Synnex has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does TD Synnex's Cyclically Adjusted PS Ratio compare to ARW and AVT?
According to the Hardware industry distribution chart, TD Synnex ranks #415 out of 1976 companies for Cyclically Adjusted PS Ratio. This places TD Synnex in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.34. TD Synnex's value of 0.40 is 70.1% below this benchmark. Historically, TD Synnex's own Cyclically Adjusted PS Ratio has ranged from 0.09 to 0.44 over the past decade. While the company's 10-year median is 0.20 vs. the industry median of 1.34, TD Synnex has consistently been below 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 Cyclically Adjusted PS Ratio for a Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.34, based on 1,976 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TD Synnex's current Cyclically Adjusted PS Ratio of 0.40 is 70.1% below 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 Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on TD Synnex and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TD Synnex's current Cyclically Adjusted PS Ratio is 0.40, which is 100% above median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TD Synnex stock overvalued right now?
TD Synnex (MEX:SNX1) has a current Cyclically Adjusted PS Ratio of 0.40. The stock's GF Value™ is MXN1,797.34, compared to a current price of MXN2,727.15 — trading 51.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.40, which is 100% above median its 10-year median of 0.20 and 70.1% below the Hardware industry median of 1.34. TD Synnex's overall GF Score™ is 85/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For TD Synnex (MEX:SNX1), the current Cyclically Adjusted PS Ratio is 0.40 as of Aug. 01, 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 TD Synnex (MEX:SNX1) Overvalued in 2026?

Based on GuruFocus' analysis, TD Synnex stock appears to be overvalued. The current stock price of MXN2,727.15 is trading 51.7% above its estimated GF Value™ of MXN1,797.34.

Key valuation signals for MEX:SNX1:

  • Cyclically Adjusted PS Ratio: 0.40 (100% above median its 10-year median of 0.20)
  • GF Value™: MXN1,797.34 vs. price of MXN2,727.15 (51.7% above fair value)
  • GF Score™: 85/100 with 8 warning signs
  • Industry Position: 70.1% below the Hardware median (#415 of 1976)

No single metric tells the full story. See the MEX:SNX1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TD Synnex Business Description

Other Exchanges SNX:USASUX:Germany
Address 44201 Nobel Drive, Fremont, CA, USA, 94538
TD Synnex Corp is a distributor and solutions aggregator for the IT ecosystem. The company aggregates and distributes IT hardware, software, and systems including personal computing devices and peripherals, mobile phones and accessories, printers, server and data center infrastructure, hybrid cloud, security, networking, communications and storage solutions, and system components. Its geographical segments include the Americas, Europe, and APJ.
85GF Score

Get the complete analysis for MEX:SNX1

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

MXN2,727.15
Price
MXN1,797.34
GF Value