Fsp Technology (TPE:3015) Cyclically Adjusted PS Ratio: 0.58 (As of Jul. 29, 2026) — Near Median

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TPE:3015 Fsp Technology Inc TPE:3015
72 GF Score
Price NT$52.00
GF Value NT$55.40
Valuation Fairly Valued
! 6 Warning Signs
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What is Fsp Technology Cyclically Adjusted PS Ratio?

Fsp Technology TPE:3015 -5.63% 72 Cyclically Adjusted PS Ratio is 0.58 as of Jul. 29, 2026, which is 9% above its 10-year median of 0.53. GuruFocus rates TPE:3015 with a GF Score™ of 72/100 and a GF Value™ of NT$55.40 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,300 Industrial Products companies, Fsp Technology ranks better than 77.04% on this metric.

As of today (2026-07-29), Fsp Technology's current share price is NT$52.00. Fsp Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$89.21. Fsp Technology's Cyclically Adjusted PS Ratio for today is 0.58.

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

TPE:3015' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.53   Max: 0.77
Current: 0.61

During the past years, Fsp Technology's highest Cyclically Adjusted PS Ratio was 0.77. The lowest was 0.18. And the median was 0.53.

TPE:3015's Cyclically Adjusted PS Ratio is ranked better than
77.04% of 2300 companies
in the Industrial Products industry
Industry Median: 1.71 vs TPE:3015: 0.61

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.

Fsp Technology's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$15.004. 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$89.21 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fsp Technology  (TPE:3015) 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.


Fsp Technology Cyclically Adjusted PS Ratio Related Terms


Fsp Technology Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Fsp Technology'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.

Fsp Technology Cyclically Adjusted PS Ratio Chart

Fsp Technology 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 0.51 0.41 0.56 0.69 0.59

Fsp Technology 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 0.69 0.65 0.62 0.60 0.59

TPE:3015 vs VRT, BE: Cyclically Adjusted PS Ratio Comparison

For the Electrical Equipment & Parts subindustry, Fsp Technology'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.


Fsp Technology Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fsp Technology's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TPE:3015
72GF Score
Fsp Technology Inc TPE:3015
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fsp Technology 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.

Fsp Technology's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=52.00/89.21
=0.58

* 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.

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

For example, Fsp Technology'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)
=15.004/324.0540*324.0540
=15.004

Current CPI (Dec. 2025) = 324.0540.

Fsp Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 19.099 238.132 25.990
201606 20.715 241.018 27.852
201609 20.452 241.428 27.451
201612 19.176 241.432 25.738
201703 19.167 243.801 25.476
201706 17.541 244.955 23.205
201709 19.623 246.819 25.763
201712 17.391 246.524 22.860
201803 17.648 249.554 22.917
201806 21.509 251.989 27.660
201809 19.658 252.439 25.235
201812 18.257 251.233 23.549
201903 16.303 254.202 20.783
201906 17.919 256.143 22.670
201909 19.904 256.759 25.121
201912 19.826 256.974 25.001
202003 13.761 258.115 17.276
202006 19.167 257.797 24.093
202009 23.774 260.280 29.599
202012 21.658 260.474 26.945
202103 20.964 264.877 25.648
202106 22.421 271.696 26.742
202109 23.212 274.310 27.421
202112 21.779 278.802 25.314
202203 19.692 287.504 22.195
202206 19.998 296.311 21.870
202209 19.965 296.808 21.798
202212 17.032 296.797 18.596
202303 18.220 301.836 19.561
202306 18.129 305.109 19.255
202309 18.324 307.789 19.292
202312 15.261 306.746 16.122
202403 14.373 312.332 14.912
202406 15.405 314.175 15.889
202409 16.588 315.301 17.048
202412 15.154 315.605 15.560
202503 16.134 319.799 16.349
202506 19.668 322.561 19.759
202509 18.670 324.800 18.627
202512 15.004 324.054 15.004

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 0.58 mean?
Fsp Technology (TPE:3015) has a Cyclically Adjusted PS Ratio of 0.58 as of Jul. 29, 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 Fsp Technology and its competitors. This is near median its historical median of 0.53. Over the past decade, Fsp Technology's Cyclically Adjusted PS Ratio has ranged from 0.18 to 0.77. According to the industry distribution chart, Fsp Technology ranks #528 out of 2300 companies in the Industrial Products industry, placing it in the top 23%.
Is Fsp Technology's Cyclically Adjusted PS Ratio too high?
Fsp Technology's current Cyclically Adjusted PS Ratio of 0.58 is near median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.77. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.71. Fsp Technology's value of 0.58 is 66.1% below this industry median. Based on the distribution chart, Fsp Technology ranks #528 out of 2300 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Fsp Technology has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fsp Technology's Cyclically Adjusted PS Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Fsp Technology ranks #528 out of 2300 companies for Cyclically Adjusted PS Ratio. This places Fsp Technology in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.71. Fsp Technology's value of 0.58 is 66.1% below this benchmark. Historically, Fsp Technology's own Cyclically Adjusted PS Ratio has ranged from 0.18 to 0.77 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 1.71, Fsp Technology 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.71, based on 2,300 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. Fsp Technology's current Cyclically Adjusted PS Ratio of 0.58 is 66.1% 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 Fsp Technology and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fsp Technology's current Cyclically Adjusted PS Ratio is 0.58, which is near median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fsp Technology stock overvalued right now?
Based on GuruFocus' analysis, Fsp Technology (TPE:3015) is currently considered Fairly Valued. The stock's GF Value™ is NT$55.40, compared to a current price of NT$52.00 — trading 6.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.58, which is near median its 10-year median of 0.53 and 66.1% below the Industrial Products industry median of 1.71. Fsp Technology's overall GF Score™ is 72/100 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 Fsp Technology (TPE:3015), the current Cyclically Adjusted PS Ratio is 0.58 as of Jul. 29, 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 Fsp Technology (TPE:3015) Overvalued in 2026?

Based on GuruFocus' analysis, Fsp Technology stock appears to be undervalued. The current stock price of NT$52.00 is trading 6.1% below its estimated GF Value™ of NT$55.40. GuruFocus considers Fsp Technology to be Fairly Valued.

Key valuation signals for TPE:3015:

  • Cyclically Adjusted PS Ratio: 0.58 (near median its 10-year median of 0.53)
  • GF Value™: NT$55.40 vs. price of NT$52.00 (6.1% below fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 66.1% below the Industrial Products median (#528 of 2300)

No single metric tells the full story. See the TPE:3015 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fsp Technology Business Description

Address No.22, Jianguo East Road, Taoyuan District, Taoyuan City, TWN, 330
Fsp Technology Inc is a Taiwan-based power supply manufacturer. The company is mainly engaged in the manufacturing, processing and trading of power supplies and various electronic components. Its product portfolio comprises PC PSU, adapter, open frame, IPC PSU, medical PSU, PV inverter, UPS, and energy storage system. The company has an operational footprint across Taiwan, China, the United States of America, Germany, and other countries.
72GF Score

Get the complete analysis for TPE:3015

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

NT$52.00
Price
NT$55.40
GF Value