Zero One Technology Co (TPE:3029) Cyclically Adjusted PS Ratio: 1.04 (As of Jul. 26, 2026) — 27% Above Median

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TPE:3029 Zero One Technology Co Ltd TPE:3029
98 GF Score
Price NT$104.00
GF Value NT$129.87
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Zero One Technology Co Cyclically Adjusted PS Ratio?

Zero One Technology Co TPE:3029 98 Cyclically Adjusted PS Ratio is 1.04 as of Jul. 26, 2026, which is 27% above its 10-year median of 0.82. GuruFocus rates TPE:3029 with a GF Score™ of 98/100 and a GF Value™ of NT$129.87 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,974 Hardware companies, Zero One Technology Co ranks better than 57.5% on this metric.

As of today (2026-07-26), Zero One Technology Co's current share price is NT$104.00. Zero One Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$99.53. Zero One Technology Co's Cyclically Adjusted PS Ratio for today is 1.04.

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

TPE:3029' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.82   Max: 1.87
Current: 1.04

During the past years, Zero One Technology Co's highest Cyclically Adjusted PS Ratio was 1.87. The lowest was 0.54. And the median was 0.82.

TPE:3029's Cyclically Adjusted PS Ratio is ranked better than
57.5% of 1974 companies
in the Hardware industry
Industry Median: 1.36 vs TPE:3029: 1.04

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.

Zero One Technology Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$41.118. 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$99.53 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zero One Technology Co  (TPE:3029) 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.


Zero One Technology Co Cyclically Adjusted PS Ratio Related Terms


Zero One Technology Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Zero One Technology Co'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.

Zero One Technology Co Cyclically Adjusted PS Ratio Chart

Zero One Technology Co 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 0.70 0.57 0.86 1.65 1.19

Zero One Technology Co 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 1.39 1.18 1.32 1.19 0.94

TPE:3029 vs DELL, ANET, SNDK: Cyclically Adjusted PS Ratio Comparison

For the Computer Hardware subindustry, Zero One Technology Co'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.


Zero One Technology Co Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TPE:3029
98GF Score
Zero One Technology Co Ltd TPE:3029
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zero One Technology Co 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.

Zero One Technology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=104.00/99.53
=1.04

* 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.

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

For example, Zero One Technology Co'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)
=41.118/330.2130*330.2130
=41.118

Current CPI (Mar. 2026) = 330.2130.

Zero One Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 11.271 241.018 15.442
201609 12.908 241.428 17.655
201612 12.819 241.432 17.533
201703 11.253 243.801 15.241
201706 11.533 244.955 15.547
201709 13.465 246.819 18.014
201712 11.353 246.524 15.207
201803 11.985 249.554 15.859
201806 12.501 251.989 16.382
201809 14.576 252.439 19.067
201812 13.824 251.233 18.170
201903 16.604 254.202 21.569
201906 15.612 256.143 20.127
201909 18.412 256.759 23.679
201912 18.723 256.974 24.059
202003 19.666 258.115 25.159
202006 20.043 257.797 25.673
202009 19.015 260.280 24.124
202012 18.135 260.474 22.990
202103 22.503 264.877 28.054
202106 20.819 271.696 25.303
202109 33.071 274.310 39.811
202112 22.814 278.802 27.021
202203 19.877 287.504 22.830
202206 19.262 296.311 21.466
202209 24.256 296.808 26.986
202212 18.928 296.797 21.059
202303 24.025 301.836 26.284
202306 20.414 305.109 22.094
202309 24.447 307.789 26.228
202312 20.800 306.746 22.391
202403 25.799 312.332 27.276
202406 27.809 314.175 29.229
202409 30.408 315.301 31.846
202412 31.066 315.605 32.504
202503 40.454 319.799 41.771
202506 36.786 322.561 37.659
202509 38.490 324.800 39.131
202512 33.086 324.054 33.715
202603 41.118 330.213 41.118

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 1.04 mean?
Zero One Technology Co (TPE:3029) has a Cyclically Adjusted PS Ratio of 1.04 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 Zero One Technology Co and its competitors. This is 27% above median its historical median of 0.82. Over the past decade, Zero One Technology Co's Cyclically Adjusted PS Ratio has ranged from 0.54 to 1.87. According to the industry distribution chart, Zero One Technology Co ranks #839 out of 1974 companies in the Hardware industry, placing it in the top 42.5%.
Is Zero One Technology Co's Cyclically Adjusted PS Ratio too high?
Zero One Technology Co's current Cyclically Adjusted PS Ratio of 1.04 is 27% above median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 1.87. The Hardware industry median Cyclically Adjusted PS Ratio is 1.36. Zero One Technology Co's value of 1.04 is 23.5% below this industry median. Based on the distribution chart, Zero One Technology Co ranks #839 out of 1974 companies in the Hardware industry, which is above the industry midpoint. Overall, Zero One Technology Co has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zero One Technology Co's Cyclically Adjusted PS Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Zero One Technology Co ranks #839 out of 1974 companies for Cyclically Adjusted PS Ratio. This puts Zero One Technology Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.36. Zero One Technology Co's value of 1.04 is 23.5% below this benchmark. Historically, Zero One Technology Co's own Cyclically Adjusted PS Ratio has ranged from 0.54 to 1.87 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 1.36, Zero One Technology Co 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. Zero One Technology Co's current Cyclically Adjusted PS Ratio of 1.04 is 23.5% 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 Zero One Technology Co 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. Zero One Technology Co's current Cyclically Adjusted PS Ratio is 1.04, which is 27% above median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zero One Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zero One Technology Co (TPE:3029) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$129.87, compared to a current price of NT$104.00 — trading 19.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.04, which is 27% above median its 10-year median of 0.82 and 23.5% below the Hardware industry median of 1.36. Zero One Technology Co's overall GF Score™ is 98/100 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 Zero One Technology Co (TPE:3029), the current Cyclically Adjusted PS Ratio is 1.04 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 Zero One Technology Co (TPE:3029) Overvalued in 2026?

Based on GuruFocus' analysis, Zero One Technology Co stock appears to be undervalued. The current stock price of NT$104.00 is trading 19.9% below its estimated GF Value™ of NT$129.87. GuruFocus considers Zero One Technology Co to be Modestly Undervalued.

Key valuation signals for TPE:3029:

  • Cyclically Adjusted PS Ratio: 1.04 (27% above median its 10-year median of 0.82)
  • GF Value™: NT$129.87 vs. price of NT$104.00 (19.9% below fair value)
  • GF Score™: 98/100 with 2 warning signs
  • Industry Position: 23.5% below the Hardware median (#839 of 1974)

No single metric tells the full story. See the TPE:3029 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zero One Technology Co Business Description

Address Lane 360, Neihu Road, Section 1, No. 8, 10th Floor, Neihu District, Taipei, TWN
Zero One Technology Co Ltd is engaged in the design, manufacturing, packaging, selling, consulting, and services of electronic information, computer software, hardware, accessories, components, and chinese data processing. It provides complete enterprise IT solutions covering AI-enabled IT infrastructure, cloud computing and services, cybersecurity resilience, and AI applications. These solutions help enterprises improve system performance, strengthen cybersecurity, optimize cloud management, and accelerate the implementation of AI applications. The Group's operating segments are: The brand agent business, which generates maximum revenue, and Other. Geographically, it derives maximum revenue from Taiwan, and the rest from other regions.
98GF Score

Get the complete analysis for TPE:3029

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

NT$104.00
Price
NT$129.87
GF Value