AUO (TPE:2409) Cyclically Adjusted PS Ratio: 0.56 (As of Jul. 26, 2026) — 87% Above Median

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TPE:2409 AUO Corp TPE:2409
64 GF Score
Price NT$25.50
GF Value NT$17.50
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is AUO Cyclically Adjusted PS Ratio?

AUO TPE:2409 -2.86% 64 Cyclically Adjusted PS Ratio is 0.56 as of Jul. 26, 2026, which is 87% above its 10-year median of 0.30. GuruFocus rates TPE:2409 with a GF Score™ of 64/100 and a GF Value™ of NT$17.50 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,974 Hardware companies, AUO ranks better than 72.19% on this metric.

As of today (2026-07-26), AUO's current share price is NT$25.50. AUO's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$45.17. AUO's Cyclically Adjusted PS Ratio for today is 0.56.

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

TPE:2409' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.3   Max: 0.82
Current: 0.56

During the past years, AUO's highest Cyclically Adjusted PS Ratio was 0.82. The lowest was 0.16. And the median was 0.30.

TPE:2409's Cyclically Adjusted PS Ratio is ranked better than
72.19% of 1974 companies
in the Hardware industry
Industry Median: 1.36 vs TPE:2409: 0.56

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.

AUO's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$9.147. 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$45.17 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AUO  (TPE:2409) 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.


AUO Cyclically Adjusted PS Ratio Related Terms


AUO Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for AUO'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.

AUO Cyclically Adjusted PS Ratio Chart

AUO 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 0.56 0.30 0.38 0.32 0.27

AUO 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 0.29 0.27 0.30 0.27 0.32

TPE:2409 vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, AUO'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.


AUO Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TPE:2409
64GF Score
AUO Corp TPE:2409
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AUO 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=25.50/45.17
=0.56

* 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.

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

For example, AUO'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)
=9.147/330.2130*330.2130
=9.147

Current CPI (Mar. 2026) = 330.2130.

AUO Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 10.403 241.018 14.253
201609 11.172 241.428 15.280
201612 11.928 241.432 16.314
201703 11.502 243.801 15.579
201706 10.964 244.955 14.780
201709 11.351 246.819 15.186
201712 10.476 246.524 14.032
201803 9.669 249.554 12.794
201806 9.748 251.989 12.774
201809 10.526 252.439 13.769
201812 10.013 251.233 13.161
201903 8.664 254.202 11.255
201906 9.100 256.143 11.731
201909 9.005 256.759 11.581
201912 8.053 256.974 10.348
202003 7.065 258.115 9.038
202006 8.310 257.797 10.644
202009 9.490 260.280 12.040
202012 10.517 260.474 13.333
202103 10.833 264.877 13.505
202106 12.489 271.696 15.179
202109 10.311 274.310 12.412
202112 9.508 278.802 11.261
202203 8.241 287.504 9.465
202206 6.587 296.311 7.341
202209 5.867 296.808 6.527
202212 6.884 296.797 7.659
202303 6.681 301.836 7.309
202306 8.298 305.109 8.981
202309 9.345 307.789 10.026
202312 8.200 306.746 8.827
202403 7.757 312.332 8.201
202406 9.640 314.175 10.132
202409 10.079 315.301 10.556
202412 8.958 315.605 9.373
202503 9.395 319.799 9.701
202506 9.242 322.561 9.461
202509 9.283 324.800 9.438
202512 9.152 324.054 9.326
202603 9.147 330.213 9.147

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 0.56 mean?
AUO (TPE:2409) has a Cyclically Adjusted PS Ratio of 0.56 as of Jul. 26, 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 AUO and its competitors. This is 87% above median its historical median of 0.30. Over the past decade, AUO's Cyclically Adjusted PS Ratio has ranged from 0.16 to 0.82. According to the industry distribution chart, AUO ranks #549 out of 1974 companies in the Hardware industry, placing it in the top 27.8%.
Is AUO's Cyclically Adjusted PS Ratio too high?
AUO's current Cyclically Adjusted PS Ratio of 0.56 is 87% above median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.82. The Hardware industry median Cyclically Adjusted PS Ratio is 1.36. AUO's value of 0.56 is 58.8% below this industry median. Based on the distribution chart, AUO ranks #549 out of 1974 companies in the Hardware industry, which is above the industry midpoint. Overall, AUO has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AUO's Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, AUO ranks #549 out of 1974 companies for Cyclically Adjusted PS Ratio. This puts AUO in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.36. AUO's value of 0.56 is 58.8% below this benchmark. Historically, AUO's own Cyclically Adjusted PS Ratio has ranged from 0.16 to 0.82 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 1.36, AUO 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. AUO's current Cyclically Adjusted PS Ratio of 0.56 is 58.8% 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 AUO 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. AUO's current Cyclically Adjusted PS Ratio is 0.56, which is 87% above median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AUO stock overvalued right now?
Based on GuruFocus' analysis, AUO (TPE:2409) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$17.50, compared to a current price of NT$25.50 — trading 45.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.56, which is 87% above median its 10-year median of 0.30 and 58.8% below the Hardware industry median of 1.36. AUO's overall GF Score™ is 64/100 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 AUO (TPE:2409), the current Cyclically Adjusted PS Ratio is 0.56 as of Jul. 26, 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 AUO (TPE:2409) Overvalued in 2026?

Based on GuruFocus' analysis, AUO stock appears to be overvalued. The current stock price of NT$25.50 is trading 45.7% above its estimated GF Value™ of NT$17.50. GuruFocus considers AUO to be Significantly Overvalued.

Key valuation signals for TPE:2409:

  • Cyclically Adjusted PS Ratio: 0.56 (87% above median its 10-year median of 0.30)
  • GF Value™: NT$17.50 vs. price of NT$25.50 (45.7% above fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 58.8% below the Hardware median (#549 of 1974)

No single metric tells the full story. See the TPE:2409 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AUO Business Description

Other Exchanges AUOTY:USAAU7:Germany
Address No. 1, Lixing 2nd Road, Hsinchu Science Park, East District, Hsinchu, TWN, 300094
AUO Corp is a Taiwan-based company that manufactures & distributes thin-film-transistor liquid-crystal-display (TFT-LCD) panels to original equipment manufacturers. It operates in two segments - The display segment & energy segment, the majority is derived from the Display segment. The display segment generally is engaged in the research, development, design, manufacturing, & sale of flat panel displays. The energy segment mainly is engaged in the design, manufacturing, and sale of ingots, solar wafers, and solar modules, as well as providing technical engineering services and maintenance services for solar system projects AU Optronics has manufacturing facilities in Taiwan, Japan, and Malaysia. Geographically, the majority is from the PRC (including Hong Kong).
64GF Score

Get the complete analysis for TPE:2409

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

NT$25.50
Price
NT$17.50
GF Value