Ares International (TPE:2471) Cyclically Adjusted PS Ratio: 2.51 (As of Jul. 27, 2026) — Near Median

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TPE:2471 Ares International Corp TPE:2471
96 GF Score
Price NT$48.60
GF Value NT$63.06
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Ares International Cyclically Adjusted PS Ratio?

Ares International TPE:2471 -0.21% 96 Cyclically Adjusted PS Ratio is 2.51 as of Jul. 27, 2026, which is 4% above its 10-year median of 2.41. GuruFocus rates TPE:2471 with a GF Score™ of 96/100 and a GF Value™ of NT$63.06 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,591 Software companies, Ares International ranks worse than 61.35% on this metric.

As of today (2026-07-27), Ares International's current share price is NT$48.60. Ares International's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2025 was NT$19.38. Ares International's Cyclically Adjusted PS Ratio for today is 2.51.

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

TPE:2471' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1   Med: 2.41   Max: 3.73
Current: 2.51

During the past years, Ares International's highest Cyclically Adjusted PS Ratio was 3.73. The lowest was 1.00. And the median was 2.41.

TPE:2471's Cyclically Adjusted PS Ratio is ranked worse than
61.35% of 1591 companies
in the Software industry
Industry Median: 1.59 vs TPE:2471: 2.51

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.

Ares International's adjusted revenue per share data for the three months ended in Sep. 2025 was NT$5.161. 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$19.38 for the trailing ten years ended in Sep. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ares International  (TPE:2471) 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.


Ares International Cyclically Adjusted PS Ratio Related Terms


Ares International Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ares International'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.

Ares International Cyclically Adjusted PS Ratio Chart

Ares International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.72 1.59 1.61 2.97 2.88

Ares International Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 2.65 2.88 3.10 2.92 2.60

TPE:2471 vs IBM, ACN, FISV: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, Ares International'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.


Ares International Cyclically Adjusted PS Ratio vs Software Industry

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

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


TPE:2471
96GF Score
Ares International Corp TPE:2471
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ares International 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.

Ares International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=48.60/19.38
=2.51

* 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.

Ares International's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2025 is calculated as:

For example, Ares International's adjusted Revenue per Share data for the three months ended in Sep. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=5.161/324.8000*324.8000
=5.161

Current CPI (Sep. 2025) = 324.8000.

Ares International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 4.196 236.525 5.762
201603 4.102 238.132 5.595
201606 2.870 241.018 3.868
201609 3.522 241.428 4.738
201612 4.642 241.432 6.245
201703 3.096 243.801 4.125
201706 3.384 244.955 4.487
201709 3.687 246.819 4.852
201712 4.609 246.524 6.072
201803 2.807 249.554 3.653
201806 3.474 251.989 4.478
201809 3.745 252.439 4.818
201812 4.150 251.233 5.365
201903 3.393 254.202 4.335
201906 3.549 256.143 4.500
201909 3.449 256.759 4.363
201912 4.647 256.974 5.874
202003 3.919 258.115 4.931
202006 2.890 257.797 3.641
202009 4.223 260.280 5.270
202012 5.123 260.474 6.388
202103 3.610 264.877 4.427
202106 2.982 271.696 3.565
202109 4.609 274.310 5.457
202112 5.575 278.802 6.495
202203 3.898 287.504 4.404
202206 3.924 296.311 4.301
202209 4.116 296.808 4.504
202212 4.734 296.797 5.181
202303 4.186 301.836 4.504
202306 4.108 305.109 4.373
202309 3.852 307.789 4.065
202312 5.407 306.746 5.725
202403 3.471 312.332 3.610
202406 4.279 314.175 4.424
202409 4.735 315.301 4.878
202412 5.883 315.605 6.054
202503 4.274 319.799 4.341
202506 4.942 322.561 4.976
202509 5.161 324.800 5.161

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 2.51 mean?
Ares International (TPE:2471) has a Cyclically Adjusted PS Ratio of 2.51 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 Ares International and its competitors. This is near median its historical median of 2.41. Over the past decade, Ares International's Cyclically Adjusted PS Ratio has ranged from 1.00 to 3.73. According to the industry distribution chart, Ares International ranks #976 out of 1591 companies in the Software industry, placing it in the top 61.3%.
Is Ares International's Cyclically Adjusted PS Ratio too high?
Ares International's current Cyclically Adjusted PS Ratio of 2.51 is near median its 10-year median of 2.41. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 3.73. The Software industry median Cyclically Adjusted PS Ratio is 1.59. Ares International's value of 2.51 is 57.9% above this industry median. Based on the distribution chart, Ares International ranks #976 out of 1591 companies in the Software industry, which is below the industry midpoint. Overall, Ares International has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ares International's Cyclically Adjusted PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Ares International ranks #976 out of 1591 companies for Cyclically Adjusted PS Ratio. This places Ares International in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.59. Ares International's value of 2.51 is 57.9% above this benchmark. Historically, Ares International's own Cyclically Adjusted PS Ratio has ranged from 1.00 to 3.73 over the past decade. While the company's 10-year median is 2.41 vs. the industry median of 1.59, Ares International has consistently been above 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 1.59, based on 1,591 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. Ares International's current Cyclically Adjusted PS Ratio of 2.51 is 57.9% above 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 Ares International and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ares International's current Cyclically Adjusted PS Ratio is 2.51, which is near median its own 10-year median of 2.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ares International stock overvalued right now?
Based on GuruFocus' analysis, Ares International (TPE:2471) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$63.06, compared to a current price of NT$48.60 — trading 22.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.51, which is near median its 10-year median of 2.41 and 57.9% above the Software industry median of 1.59. Ares International's overall GF Score™ is 96/100 with 2 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 Ares International (TPE:2471), the current Cyclically Adjusted PS Ratio is 2.51 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.

Is Ares International (TPE:2471) Overvalued in 2026?

Based on GuruFocus' analysis, Ares International stock appears to be undervalued. The current stock price of NT$48.60 is trading 22.9% below its estimated GF Value™ of NT$63.06. GuruFocus considers Ares International to be Modestly Undervalued.

Key valuation signals for TPE:2471:

  • Cyclically Adjusted PS Ratio: 2.51 (near median its 10-year median of 2.41)
  • GF Value™: NT$63.06 vs. price of NT$48.60 (22.9% below fair value)
  • GF Score™: 96/100 with 2 warning signs
  • Industry Position: 57.9% above the Software median (#976 of 1591)

No single metric tells the full story. See the TPE:2471 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ares International Business Description

Address Zhongshan North Road, 3rd Floor, No. 111, Section 2, Zhongshan District, Taipei, TWN, 104
Ares International Corp is a Taiwan-based company. The company is engaged in the design, sales, lease, maintenance, and technology consultation of computer equipment, internet, and related software, and analysis, design, modification, installation, and maintenance of application software. Its reporting segments include the Commercial segment, Financial business segment, and Project segment. The geographical regions in which the company operates are Asia, Taiwan, America, and Others.
96GF Score

Get the complete analysis for TPE:2471

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

NT$48.60
Price
NT$63.06
GF Value