SNX (TD Synnex) Cyclically Adjusted PS Ratio: 0.40 (As of Aug. 02, 2026) — 100% Above Median

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SNX TD Synnex Corp SNX
85 GF Score
Price $255.70
GF Value $168.52
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is TD Synnex Cyclically Adjusted PS Ratio?

TD Synnex SNX +1.42% 85 Cyclically Adjusted PS Ratio is 0.40 as of Aug. 02, 2026, which is 100% above its 10-year median of 0.20. GuruFocus rates SNX with a GF Score™ of 85/100 and a GF Value™ of $168.52 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,975 Hardware companies, TD Synnex ranks better than 78.43% on this metric.

As of today (2026-08-02), TD Synnex's current share price is $255.70. TD Synnex's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 was $646.83. 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:

SNX' 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.

SNX's Cyclically Adjusted PS Ratio is ranked better than
78.43% of 1975 companies
in the Hardware industry
Industry Median: 1.34 vs SNX: 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 $245.437. 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 $646.83 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TD Synnex  (NYSE:SNX) 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

SNX 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.


SNX
85GF Score
TD Synnex Corp SNX
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
=255.70/646.83
=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)
=245.437/335.1230*335.1230
=245.437

Current CPI (May. 2026) = 335.1230.

TD Synnex Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201608 92.827 240.849 129.162
201611 98.045 241.353 136.137
201702 88.676 243.603 121.991
201705 99.123 244.733 135.733
201708 107.595 245.519 146.863
201711 126.356 246.669 171.666
201802 112.396 248.991 151.276
201805 123.504 251.588 164.511
201808 122.160 252.146 162.361
201811 118.935 252.038 158.142
201902 103.078 252.776 136.658
201905 112.348 256.092 147.019
201908 122.011 256.558 159.374
201911 37.111 257.208 48.353
202002 79.658 258.678 103.199
202005 87.585 256.394 114.479
202008 103.557 259.918 133.520
202011 118.969 260.229 153.208
202102 95.786 263.014 122.047
202105 113.269 269.195 141.009
202108 100.588 273.567 123.222
202111 163.347 277.948 196.948
202202 161.327 283.716 190.558
202205 159.489 292.296 182.857
202208 160.953 296.171 182.121
202211 170.866 297.711 192.338
202302 159.991 300.840 178.223
202305 150.167 304.127 165.472
202308 150.306 307.026 164.061
202311 159.401 307.051 173.974
202402 158.444 310.326 171.105
202405 162.432 314.069 173.321
202408 172.889 314.796 184.053
202411 187.450 315.493 199.113
202502 173.058 319.082 181.758
202505 180.217 321.465 187.874
202508 191.096 323.976 197.671
202511 214.727 324.122 222.015
202602 214.039 326.785 219.500
202605 245.437 335.123 245.437

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 (SNX) has a Cyclically Adjusted PS Ratio of 0.40 as of Aug. 02, 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 #426 out of 1975 companies in the Hardware industry, placing it in the top 21.6%.
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 #426 out of 1975 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 and is considered Significantly Overvalued, 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 #426 out of 1975 companies for Cyclically Adjusted PS Ratio. This places TD Synnex in the top 22% 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 1,975 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?
Based on GuruFocus' analysis, TD Synnex (SNX) is currently considered Significantly Overvalued. The stock's GF Value™ is $168.52, compared to a current price of $255.70 — 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 (SNX), the current Cyclically Adjusted PS Ratio is 0.40 as of Aug. 02, 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 (SNX) Overvalued in 2026?

Based on GuruFocus' analysis, TD Synnex stock appears to be overvalued. The current stock price of $255.70 is trading 51.7% above its estimated GF Value™ of $168.52. GuruFocus considers TD Synnex to be Significantly Overvalued.

Key valuation signals for SNX:

  • Cyclically Adjusted PS Ratio: 0.40 (100% above median its 10-year median of 0.20)
  • GF Value™: $168.52 vs. price of $255.70 (51.7% above fair value)
  • GF Score™: 85/100 with 8 warning signs
  • Industry Position: 70.1% below the Hardware median (#426 of 1975)

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


TD Synnex Business Description

Other Exchanges SUX: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 SNX

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

$255.70
Price
$168.52
GF Value