Acer (TPE:2353) Cyclically Adjusted PS Ratio: 0.29 (As of Jul. 27, 2026) — 12% 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.

TPE:2353 Acer Inc TPE:2353
49 GF Score
Price NT$30.05
! 6 Warning Signs
View Full Analysis

What is Acer Cyclically Adjusted PS Ratio?

Acer TPE:2353 -0.33% 49 Cyclically Adjusted PS Ratio is 0.29 as of Jul. 27, 2026, which is 12% above its 10-year median of 0.26. GuruFocus rates TPE:2353 with a GF Score™ of 49/100. The stock has 6 warning signs investors should review. Among 1,974 Hardware companies, Acer ranks better than 85.71% on this metric.

As of today (2026-07-27), Acer's current share price is NT$30.05. Acer's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$102.94. Acer's Cyclically Adjusted PS Ratio for today is 0.29.

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

TPE:2353' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.26   Max: 0.55
Current: 0.29

During the past years, Acer's highest Cyclically Adjusted PS Ratio was 0.55. The lowest was 0.10. And the median was 0.26.

TPE:2353's Cyclically Adjusted PS Ratio is ranked better than
85.71% of 1974 companies
in the Hardware industry
Industry Median: 1.36 vs TPE:2353: 0.29

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.

Acer's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$23.987. 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$102.94 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Acer  (TPE:2353) 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.


Acer Cyclically Adjusted PS Ratio Related Terms


Acer Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Acer'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.

Acer Cyclically Adjusted PS Ratio Chart

Acer 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 0.27 0.21 0.51 0.39 0.26

Acer 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 0.35 0.30 0.30 0.26 0.26

TPE:2353 vs DELL, ANET, SNDK: Cyclically Adjusted PS Ratio Comparison

For the Computer Hardware subindustry, Acer'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.


Acer Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TPE:2353
49GF Score
Acer Inc TPE:2353
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Acer 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=30.05/102.94
=0.29

* 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.

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

For example, Acer'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)
=23.987/330.2130*330.2130
=23.987

Current CPI (Mar. 2026) = 330.2130.

Acer Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 17.731 241.018 24.293
201609 18.845 241.428 25.775
201612 20.373 241.432 27.865
201703 18.476 243.801 25.025
201706 17.583 244.955 23.703
201709 20.071 246.819 26.852
201712 22.005 246.524 29.475
201803 18.056 249.554 23.892
201806 19.250 251.989 25.226
201809 21.497 252.439 28.120
201812 20.917 251.233 27.493
201903 18.013 254.202 23.399
201906 17.532 256.143 22.602
201909 20.842 256.759 26.805
201912 20.263 256.974 26.038
202003 16.097 258.115 20.593
202006 21.958 257.797 28.126
202009 26.633 260.280 33.789
202012 27.028 260.474 34.264
202103 23.693 264.877 29.537
202106 26.441 271.696 32.136
202109 26.888 274.310 32.368
202112 28.461 278.802 33.709
202203 25.906 287.504 29.754
202206 23.906 296.311 26.641
202209 21.441 296.808 23.854
202212 19.686 296.797 21.902
202303 17.385 301.836 19.019
202306 19.251 305.109 20.835
202309 22.504 307.789 24.144
202312 20.917 306.746 22.517
202403 19.507 312.332 20.624
202406 22.482 314.175 23.630
202409 24.153 315.301 25.295
202412 21.855 315.605 22.867
202503 20.326 319.799 20.988
202506 22.080 322.561 22.604
202509 24.465 324.800 24.873
202512 24.336 324.054 24.799
202603 23.987 330.213 23.987

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 0.29 mean?
Acer (TPE:2353) has a Cyclically Adjusted PS Ratio of 0.29 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 Acer and its competitors. This is 12% above median its historical median of 0.26. Over the past decade, Acer's Cyclically Adjusted PS Ratio has ranged from 0.10 to 0.55. According to the industry distribution chart, Acer ranks #282 out of 1974 companies in the Hardware industry, placing it in the top 14.3%.
Is Acer's Cyclically Adjusted PS Ratio too high?
Acer's current Cyclically Adjusted PS Ratio of 0.29 is 12% above median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.55. The Hardware industry median Cyclically Adjusted PS Ratio is 1.36. Acer's value of 0.29 is 78.7% below this industry median. Based on the distribution chart, Acer ranks #282 out of 1974 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Acer has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Acer's Cyclically Adjusted PS Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Acer ranks #282 out of 1974 companies for Cyclically Adjusted PS Ratio. This places Acer in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.36. Acer's value of 0.29 is 78.7% below this benchmark. Historically, Acer's own Cyclically Adjusted PS Ratio has ranged from 0.10 to 0.55 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 1.36, Acer 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. Acer's current Cyclically Adjusted PS Ratio of 0.29 is 78.7% 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 Acer 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. Acer's current Cyclically Adjusted PS Ratio is 0.29, which is 12% above median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acer stock overvalued right now?
Acer (TPE:2353) has a current Cyclically Adjusted PS Ratio of 0.29. The current Cyclically Adjusted PS Ratio is 0.29, which is 12% above median its 10-year median of 0.26 and 78.7% below the Hardware industry median of 1.36. Acer's overall GF Score™ is 49/100 with 6 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 Acer (TPE:2353), the current Cyclically Adjusted PS Ratio is 0.29 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.

Acer Business Description

Address Sec. 1, Xintai 5th Road, 1st Floor, 88, Xizhi, Taipei, TWN, 221
Acer Inc is a hardware and electronics company specializing in electronics technology. Its products are sold under three brands: Acer, Gateway, and Packard Bell. It includes desktop PCs, clamshell laptops, 2-in-1 laptops, convertible laptops, Chromebooks, tablets, servers, storage devices, virtual reality devices, displays, smartphones, and peripherals. A large majority of the firm's revenue is derived from personal computers and the rest from peripherals and other products. The firm generates revenue in the Americas, Mainland China, Taiwan, and other countries across the world.
49GF Score

Get the complete analysis for TPE:2353

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

NT$30.05
Price