Qisda (TPE:2352) Cyclically Adjusted PS Ratio: 0.22 (As of Jul. 27, 2026) — 29% Below Median

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TPE:2352 Qisda Corp TPE:2352
65 GF Score
Price NT$29.20
GF Value NT$46.16
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Qisda Cyclically Adjusted PS Ratio?

Qisda TPE:2352 -2.99% 65 Cyclically Adjusted PS Ratio is 0.22 as of Jul. 27, 2026, which is 29% below its 10-year median of 0.31. GuruFocus rates TPE:2352 with a GF Score™ of 65/100 and a GF Value™ of NT$46.16 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,974 Hardware companies, Qisda ranks better than 89.06% on this metric.

As of today (2026-07-27), Qisda's current share price is NT$29.20. Qisda's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$134.81. Qisda's Cyclically Adjusted PS Ratio for today is 0.22.

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

TPE:2352' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.31   Max: 0.54
Current: 0.22

During the past years, Qisda's highest Cyclically Adjusted PS Ratio was 0.54. The lowest was 0.17. And the median was 0.31.

TPE:2352's Cyclically Adjusted PS Ratio is ranked better than
89.06% of 1974 companies
in the Hardware industry
Industry Median: 1.36 vs TPE:2352: 0.22

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.

Qisda's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$32.517. 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 NT$134.81 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Qisda  (TPE:2352) 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.


Qisda Cyclically Adjusted PS Ratio Related Terms


Qisda Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Qisda'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.

Qisda Cyclically Adjusted PS Ratio Chart

Qisda Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.29 0.47 0.32 0.18

Qisda Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.27 0.24 0.28 0.18 0.17

TPE:2352 vs DELL, ANET, SNDK: Cyclically Adjusted PS Ratio Comparison

For the Computer Hardware subindustry, Qisda'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.


Qisda Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TPE:2352
65GF Score
Qisda Corp TPE:2352
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qisda 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.

Qisda's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=29.20/134.81
=0.22

* 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.

Qisda's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=32.517/330.2130*330.2130
=32.517

Current CPI (Mar. 2026) = 330.2130.

Qisda Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 19.279 241.018 26.414
201609 19.632 241.428 26.852
201612 20.926 241.432 28.621
201703 19.390 243.801 26.263
201706 20.277 244.955 27.335
201709 21.451 246.819 28.699
201712 22.768 246.524 30.497
201803 21.856 249.554 28.920
201806 23.696 251.989 31.052
201809 24.300 252.439 31.787
201812 26.114 251.233 34.323
201903 24.462 254.202 31.777
201906 25.587 256.143 32.986
201909 26.354 256.759 33.893
201912 28.318 256.974 36.389
202003 24.028 258.115 30.740
202006 26.948 257.797 34.518
202009 31.735 260.280 40.262
202012 35.426 260.474 44.911
202103 31.250 264.877 38.958
202106 34.268 271.696 41.649
202109 34.996 274.310 42.128
202112 38.359 278.802 45.432
202203 37.410 287.504 42.967
202206 39.002 296.311 43.464
202209 36.598 296.808 40.717
202212 34.796 296.797 38.714
202303 31.007 301.836 33.922
202306 32.272 305.109 34.927
202309 31.173 307.789 33.444
202312 31.395 306.746 33.797
202403 28.946 312.332 30.603
202406 31.176 314.175 32.767
202409 26.049 315.301 27.281
202412 34.230 315.605 35.814
202503 25.739 319.799 26.577
202506 32.944 322.561 33.726
202509 31.362 324.800 31.885
202512 20.189 324.054 20.573
202603 32.517 330.213 32.517

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 0.22 mean?
Qisda (TPE:2352) has a Cyclically Adjusted PS Ratio of 0.22 as of Jul. 27, 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 Qisda and its competitors. This is 29% below median its historical median of 0.31. Over the past decade, Qisda's Cyclically Adjusted PS Ratio has ranged from 0.17 to 0.54. According to the industry distribution chart, Qisda ranks #216 out of 1974 companies in the Hardware industry, placing it in the top 10.9%.
Is Qisda's Cyclically Adjusted PS Ratio too high?
Qisda's current Cyclically Adjusted PS Ratio of 0.22 is 29% below median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.54. The Hardware industry median Cyclically Adjusted PS Ratio is 1.36. Qisda's value of 0.22 is 83.8% below this industry median. Based on the distribution chart, Qisda ranks #216 out of 1974 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Qisda has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Qisda's Cyclically Adjusted PS Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Qisda ranks #216 out of 1974 companies for Cyclically Adjusted PS Ratio. This places Qisda in the top 11% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.36. Qisda's value of 0.22 is 83.8% below this benchmark. Historically, Qisda's own Cyclically Adjusted PS Ratio has ranged from 0.17 to 0.54 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 1.36, Qisda 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 1.36, based on 1,974 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. Qisda's current Cyclically Adjusted PS Ratio of 0.22 is 83.8% 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 Qisda and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qisda's current Cyclically Adjusted PS Ratio is 0.22, which is 29% below median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qisda stock overvalued right now?
Based on GuruFocus' analysis, Qisda (TPE:2352) is currently considered Possible Value Trap. The stock's GF Value™ is NT$46.16, compared to a current price of NT$29.20 — trading 36.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.22, which is 29% below median its 10-year median of 0.31 and 83.8% below the Hardware industry median of 1.36. Qisda's overall GF Score™ is 65/100 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 Qisda (TPE:2352), the current Cyclically Adjusted PS Ratio is 0.22 as of Jul. 27, 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 Qisda (TPE:2352) Overvalued in 2026?

Based on GuruFocus' analysis, Qisda stock appears to be undervalued. The current stock price of NT$29.20 is trading 36.7% below its estimated GF Value™ of NT$46.16. GuruFocus considers Qisda to be Possible Value Trap.

Key valuation signals for TPE:2352:

  • Cyclically Adjusted PS Ratio: 0.22 (29% below median its 10-year median of 0.31)
  • GF Value™: NT$46.16 vs. price of NT$29.20 (36.7% below fair value)
  • GF Score™: 65/100 with 8 warning signs
  • Industry Position: 83.8% below the Hardware median (#216 of 1974)

No single metric tells the full story. See the TPE:2352 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qisda Business Description

Address No. 157, Shan-Ying Road, Gueishan District, Taoyuan, Taoyuan, TWN, 333
Qisda Corp is engaged in the manufacturing, sales, and services of high-end monitors and opto-mechatronics products. The company's segments include DMS engaging in the design, research, manufacturing, and sale of electronic products; Brand engaging in the design, research, marketing and sale of brand-name products; Material engaging in the research, manufacturing, and sale of optoelectronics film; Medical offering medical services; Networks engaging in the design, research, manufacturing, and sale of broadband products, wireless network products and computer network system equipment. The majority of the revenue is derived from the DMS segment. Geographically, its operations are spread across Asia, Europe, the Americas, and Others.
65GF Score

Get the complete analysis for TPE:2352

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

NT$29.20
Price
NT$46.16
GF Value