Fortune Information Systems (TPE:2468) Cyclically Adjusted PS Ratio: 0.95 (As of Aug. 02, 2026) — 22% 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:2468 Fortune Information Systems Corp TPE:2468
87 GF Score
Price NT$32.50
GF Value NT$34.39
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Fortune Information Systems Cyclically Adjusted PS Ratio?

Fortune Information Systems TPE:2468 +3.50% 87 Cyclically Adjusted PS Ratio is 0.95 as of Aug. 02, 2026, which is 22% above its 10-year median of 0.78. GuruFocus rates TPE:2468 with a GF Score™ of 87/100 and a GF Value™ of NT$34.39 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,590 Software companies, Fortune Information Systems ranks better than 62.83% on this metric.

As of today (2026-08-02), Fortune Information Systems's current share price is NT$32.50. Fortune Information Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$34.05. Fortune Information Systems's Cyclically Adjusted PS Ratio for today is 0.95.

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

TPE:2468' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.78   Max: 2.33
Current: 1.03

During the past years, Fortune Information Systems's highest Cyclically Adjusted PS Ratio was 2.33. The lowest was 0.43. And the median was 0.78.

TPE:2468's Cyclically Adjusted PS Ratio is ranked better than
62.83% of 1590 companies
in the Software industry
Industry Median: 1.645 vs TPE:2468: 1.03

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.

Fortune Information Systems's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$9.097. 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$34.05 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fortune Information Systems  (TPE:2468) 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.


Fortune Information Systems Cyclically Adjusted PS Ratio Related Terms


Fortune Information Systems Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Fortune Information Systems'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.

Fortune Information Systems Cyclically Adjusted PS Ratio Chart

Fortune Information Systems 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 0.53 0.87 0.95 0.77 1.22

Fortune Information Systems Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.77 1.57 1.89 1.56 1.22

TPE:2468 vs IBM, ACN, FISV: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, Fortune Information Systems'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.


Fortune Information Systems Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, Fortune Information Systems's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TPE:2468
87GF Score
Fortune Information Systems Corp TPE:2468
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fortune Information Systems 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.

Fortune Information Systems's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=32.50/34.05
=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.

Fortune Information Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Fortune Information Systems's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=9.097/324.0540*324.0540
=9.097

Current CPI (Dec. 2025) = 324.0540.

Fortune Information Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 4.421 238.132 6.016
201606 5.052 241.018 6.793
201609 4.964 241.428 6.663
201612 5.954 241.432 7.992
201703 4.257 243.801 5.658
201706 4.465 244.955 5.907
201709 4.845 246.819 6.361
201712 5.863 246.524 7.707
201803 4.855 249.554 6.304
201806 5.330 251.989 6.854
201809 7.325 252.439 9.403
201812 5.981 251.233 7.715
201903 5.568 254.202 7.098
201906 6.375 256.143 8.065
201909 8.939 256.759 11.282
201912 10.798 256.974 13.617
202003 7.643 258.115 9.596
202006 6.409 257.797 8.056
202009 9.531 260.280 11.866
202012 6.934 260.474 8.627
202103 7.614 264.877 9.315
202106 7.696 271.696 9.179
202109 7.201 274.310 8.507
202112 8.074 278.802 9.384
202203 7.433 287.504 8.378
202206 7.494 296.311 8.196
202209 8.106 296.808 8.850
202212 9.296 296.797 10.150
202303 6.972 301.836 7.485
202306 11.022 305.109 11.706
202309 7.049 307.789 7.422
202312 8.341 306.746 8.812
202403 7.123 312.332 7.390
202406 8.585 314.175 8.855
202409 7.642 315.301 7.854
202412 8.660 315.605 8.892
202503 11.141 319.799 11.289
202506 9.364 322.561 9.407
202509 8.752 324.800 8.732
202512 9.097 324.054 9.097

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?
Fortune Information Systems (TPE:2468) has a Cyclically Adjusted PS Ratio of 0.95 as of Aug. 02, 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 Fortune Information Systems and its competitors. This is 22% above median its historical median of 0.78. Over the past decade, Fortune Information Systems' Cyclically Adjusted PS Ratio has ranged from 0.43 to 2.33. According to the industry distribution chart, Fortune Information Systems ranks #591 out of 1590 companies in the Software industry, placing it in the top 37.2%.
Is Fortune Information Systems' Cyclically Adjusted PS Ratio too high?
Fortune Information Systems' current Cyclically Adjusted PS Ratio of 0.95 is 22% above median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 2.33. The Software industry median Cyclically Adjusted PS Ratio is 1.65. Fortune Information Systems' value of 0.95 is 42.2% below this industry median. Based on the distribution chart, Fortune Information Systems ranks #591 out of 1590 companies in the Software industry, which is above the industry midpoint. Overall, Fortune Information Systems has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fortune Information Systems' Cyclically Adjusted PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Fortune Information Systems ranks #591 out of 1590 companies for Cyclically Adjusted PS Ratio. This puts Fortune Information Systems in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.65. Fortune Information Systems' value of 0.95 is 42.2% below this benchmark. Historically, Fortune Information Systems' own Cyclically Adjusted PS Ratio has ranged from 0.43 to 2.33 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 1.65, Fortune Information Systems 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 Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.65, based on 1,590 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. Fortune Information Systems's current Cyclically Adjusted PS Ratio of 0.95 is 42.2% 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 Fortune Information Systems and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortune Information Systems's current Cyclically Adjusted PS Ratio is 0.95, which is 22% above median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortune Information Systems stock overvalued right now?
Based on GuruFocus' analysis, Fortune Information Systems (TPE:2468) is currently considered Fairly Valued. The stock's GF Value™ is NT$34.39, compared to a current price of NT$32.50 — trading 5.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.95, which is 22% above median its 10-year median of 0.78 and 42.2% below the Software industry median of 1.65. Fortune Information Systems' overall GF Score™ is 87/100 with 3 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 Fortune Information Systems (TPE:2468), the current Cyclically Adjusted PS Ratio is 0.95 as of Aug. 02, 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 Fortune Information Systems (TPE:2468) Overvalued in 2026?

Based on GuruFocus' analysis, Fortune Information Systems stock appears to be undervalued. The current stock price of NT$32.50 is trading 5.5% below its estimated GF Value™ of NT$34.39. GuruFocus considers Fortune Information Systems to be Fairly Valued.

Key valuation signals for TPE:2468:

  • Cyclically Adjusted PS Ratio: 0.95 (22% above median its 10-year median of 0.78)
  • GF Value™: NT$34.39 vs. price of NT$32.50 (5.5% below fair value)
  • GF Score™: 87/100 with 3 warning signs
  • Industry Position: 42.2% below the Software median (#591 of 1590)

No single metric tells the full story. See the TPE:2468 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fortune Information Systems Business Description

Address No. 25, Lane 78, Xingai road, Neihu District, Taipei, TWN, 11494
Fortune Information Systems Corp is engaged in providing system integration services like cloud IT infrastructure, network management and information security solutions, customer service and technical support, and others. The company offers services that includes enterprise public/private cloud infrastructure construction and planning, network system planning, information security, backup and recovery planning, financial institution information integration services, cloud monitoring management, software development, project development, and other services.
87GF Score

Get the complete analysis for TPE:2468

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

NT$32.50
Price
NT$34.39
GF Value