Asustek Computer (TPE:2357) Cyclically Adjusted PS Ratio: 0.95 (As of Jul. 30, 2026) — 83% 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:2357 Asustek Computer Inc TPE:2357
92 GF Score
Price NT$737.00
GF Value NT$795.13
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Asustek Computer Cyclically Adjusted PS Ratio?

Asustek Computer TPE:2357 -3.15% 92 Cyclically Adjusted PS Ratio is 0.95 as of Jul. 30, 2026, which is 83% above its 10-year median of 0.52. GuruFocus rates TPE:2357 with a GF Score™ of 92/100 and a GF Value™ of NT$795.13 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,975 Hardware companies, Asustek Computer ranks better than 58.28% on this metric.

As of today (2026-07-30), Asustek Computer's current share price is NT$737.00. Asustek Computer's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$775.00. Asustek Computer's Cyclically Adjusted PS Ratio for today is 0.95.

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

TPE:2357' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.52   Max: 1.16
Current: 0.99

During the past years, Asustek Computer's highest Cyclically Adjusted PS Ratio was 1.16. The lowest was 0.28. And the median was 0.52.

TPE:2357's Cyclically Adjusted PS Ratio is ranked better than
58.28% of 1975 companies
in the Hardware industry
Industry Median: 1.34 vs TPE:2357: 0.99

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.

Asustek Computer's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$278.330. 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$775.00 for the trailing ten years ended in Mar. 2026.

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
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 0.83 0.87 0.89 0.73 0.71

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
92GF 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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=737.00/775.00
=0.95

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

For example, Asustek Computer'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)
=278.33/330.2130*330.2130
=278.330

Current CPI (Mar. 2026) = 330.2130.

Asustek Computer Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 138.029 241.018 189.110
201609 157.837 241.428 215.881
201612 168.045 241.432 229.840
201703 144.764 243.801 196.074
201706 130.702 244.955 176.194
201709 153.350 246.819 205.163
201712 88.755 246.524 118.885
201803 124.277 249.554 164.445
201806 109.293 251.989 143.220
201809 120.170 252.439 157.193
201812 122.236 251.233 160.663
201903 115.403 254.202 149.911
201906 99.780 256.143 128.634
201909 125.916 256.759 161.938
201912 130.038 256.974 167.100
202003 94.701 258.115 121.153
202006 123.776 257.797 158.545
202009 170.497 260.280 216.307
202012 161.421 260.474 204.640
202103 155.009 264.877 193.244
202106 171.456 271.696 208.384
202109 185.490 274.310 223.292
202112 201.237 278.802 238.345
202203 184.062 287.504 211.405
202206 170.065 296.311 189.523
202209 193.462 296.808 215.236
202212 171.087 296.797 190.349
202303 149.978 301.836 164.078
202306 155.686 305.109 168.496
202309 181.212 307.789 194.414
202312 161.410 306.746 173.758
202403 163.189 312.332 172.532
202406 194.454 314.175 204.380
202409 223.114 315.301 233.666
202412 206.451 315.605 216.007
202503 197.714 319.799 204.152
202506 252.319 322.561 258.305
202509 268.466 324.800 272.940
202512 269.173 324.054 274.289
202603 278.330 330.213 278.330

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 0.95 mean?
Asustek Computer (TPE:2357) has a Cyclically Adjusted PS Ratio of 0.95 as of Jul. 30, 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 Asustek Computer and its competitors. This is 83% above median its historical median of 0.52. Over the past decade, Asustek Computer's Cyclically Adjusted PS Ratio has ranged from 0.28 to 1.16. According to the industry distribution chart, Asustek Computer ranks #824 out of 1975 companies in the Hardware industry, placing it in the top 41.7%.
Is Asustek Computer's Cyclically Adjusted PS Ratio too high?
Asustek Computer's current Cyclically Adjusted PS Ratio of 0.95 is 83% above median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 1.16. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. Asustek Computer's value of 0.95 is 29.1% below this industry median. Based on the distribution chart, Asustek Computer ranks #824 out of 1975 companies in the Hardware industry, which is above the industry midpoint. Overall, Asustek Computer has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asustek Computer's Cyclically Adjusted PS Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Asustek Computer ranks #824 out of 1975 companies for Cyclically Adjusted PS Ratio. This puts Asustek Computer in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Asustek Computer's value of 0.95 is 29.1% below this benchmark. Historically, Asustek Computer's own Cyclically Adjusted PS Ratio has ranged from 0.28 to 1.16 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 1.34, Asustek Computer 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. Asustek Computer's current Cyclically Adjusted PS Ratio of 0.95 is 29.1% 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 Asustek Computer 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. Asustek Computer's current Cyclically Adjusted PS Ratio is 0.95, which is 83% above median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asustek Computer stock overvalued right now?
Based on GuruFocus' analysis, Asustek Computer (TPE:2357) is currently considered Fairly Valued. The stock's GF Value™ is NT$795.13, compared to a current price of NT$737.00 — trading 7.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.95, which is 83% above median its 10-year median of 0.52 and 29.1% below the Hardware industry median of 1.34. Asustek Computer's overall GF Score™ is 92/100 with 5 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 Asustek Computer (TPE:2357), the current Cyclically Adjusted PS Ratio is 0.95 as of Jul. 30, 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 Asustek Computer (TPE:2357) Overvalued in 2026?

Based on GuruFocus' analysis, Asustek Computer stock appears to be undervalued. The current stock price of NT$737.00 is trading 7.3% below its estimated GF Value™ of NT$795.13. GuruFocus considers Asustek Computer to be Fairly Valued.

Key valuation signals for TPE:2357:

  • Cyclically Adjusted PS Ratio: 0.95 (83% above median its 10-year median of 0.52)
  • GF Value™: NT$795.13 vs. price of NT$737.00 (7.3% below fair value)
  • GF Score™: 92/100 with 5 warning signs
  • Industry Position: 29.1% below the Hardware median (#824 of 1975)

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.
92GF 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$737.00
Price
NT$795.13
GF Value