Asustek Computer (TPE:2357) Cyclically Adjusted PS Ratio: (As of Aug. 18, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:2357 Asustek Computer Inc TPE:2357
91 GF Score
Price NT$938.00
GF Value NT$828.10
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Asustek Computer Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Asustek Computer  (TPE:2357) 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.


Asustek Computer Cyclically Adjusted PS Ratio Related Terms


Asustek Computer Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Asustek Computer'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.

Asustek Computer Cyclically Adjusted PS Ratio Chart

Asustek Computer 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 0.57 0.38 0.69 0.85 0.73

Asustek Computer Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.87 0.89 0.73 0.71 0.00

TPE:2357 vs DELL, ANET, SNDK: Cyclically Adjusted PS Ratio Comparison

For the Computer Hardware subindustry, Asustek Computer'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.


Asustek Computer Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TPE:2357
91GF Score
Asustek Computer Inc TPE:2357
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asustek Computer 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.

Asustek Computer's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=345.711/333.9520*333.9520
=345.711

Current CPI (Jun. 2026) = 333.9520.

Asustek Computer Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 157.837 241.428 218.326
201612 168.045 241.432 232.442
201703 144.764 243.801 198.294
201706 130.702 244.955 178.189
201709 153.350 246.819 207.486
201712 88.755 246.524 120.231
201803 124.277 249.554 166.307
201806 109.293 251.989 144.842
201809 120.170 252.439 158.973
201812 122.236 251.233 162.482
201903 115.403 254.202 151.608
201906 99.780 256.143 130.090
201909 125.916 256.759 163.772
201912 130.038 256.974 168.992
202003 94.701 258.115 122.525
202006 123.776 257.797 160.340
202009 170.497 260.280 218.756
202012 161.421 260.474 206.957
202103 155.009 264.877 195.432
202106 171.456 271.696 210.743
202109 185.490 274.310 225.820
202112 201.237 278.802 241.044
202203 184.062 287.504 213.798
202206 170.065 296.311 191.669
202209 193.462 296.808 217.673
202212 171.087 296.797 192.505
202303 149.978 301.836 165.936
202306 155.686 305.109 170.404
202309 181.212 307.789 196.616
202312 161.410 306.746 175.726
202403 163.189 312.332 174.485
202406 194.454 314.175 206.695
202409 223.114 315.301 236.312
202412 206.451 315.605 218.453
202503 197.714 319.799 206.464
202506 252.319 322.561 261.229
202509 268.466 324.800 276.031
202512 269.173 324.054 277.395
202603 278.330 330.213 281.482
202606 345.711 333.952 345.711

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.

Is Asustek Computer (TPE:2357) Overvalued in 2026?

Based on GuruFocus' analysis, Asustek Computer stock appears to be overvalued. The current stock price of NT$938.00 is trading 13.3% above its estimated GF Value™ of NT$828.10. GuruFocus considers Asustek Computer to be Modestly Overvalued.

Key valuation signals for TPE:2357:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: NT$828.10 vs. price of NT$938.00 (13.3% above fair value)
  • GF Score™: 91/100 with 9 warning signs

No single metric tells the full story. See the TPE:2357 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asustek Computer Business Description

Other Exchanges ASUUY:USA
Address No.15, Li-Te Road, Peitou, Taipei, TWN
Asustek Computer Inc is a computer hardware and electronics company producing and selling 3C products including PCs, mainboards other boards and cards, tablet PCs, smartphones, and other handheld devices, etc. The company operates in Taiwan, China, Singapore, Europe, the United States, and other countries. Its segment includes 3C Brand and Others.
91GF Score

Get the complete analysis for TPE:2357

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

NT$938.00
Price
NT$828.10
GF Value