Optimax Technology (TPE:3051) Cyclically Adjusted PS Ratio: 1.32 (As of Aug. 06, 2026) — 26% Above Median

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TPE:3051 Optimax Technology Corp TPE:3051
74 GF Score
Price NT$22.70
GF Value NT$25.34
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Optimax Technology Cyclically Adjusted PS Ratio?

Optimax Technology TPE:3051 +3.65% 74 Cyclically Adjusted PS Ratio is 1.32 as of Aug. 06, 2026, which is 26% above its 10-year median of 1.05. GuruFocus rates TPE:3051 with a GF Score™ of 74/100 and a GF Value™ of NT$25.34 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,974 Hardware companies, Optimax Technology ranks better than 51.37% on this metric.

As of today (2026-08-06), Optimax Technology's current share price is NT$22.70. Optimax Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$17.16. Optimax Technology's Cyclically Adjusted PS Ratio for today is 1.32.

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

TPE:3051' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 1.05   Max: 2.06
Current: 1.29

During the past years, Optimax Technology's highest Cyclically Adjusted PS Ratio was 2.06. The lowest was 0.22. And the median was 1.05.

TPE:3051's Cyclically Adjusted PS Ratio is ranked better than
51.37% of 1974 companies
in the Hardware industry
Industry Median: 1.335 vs TPE:3051: 1.29

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.

Optimax Technology's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$2.279. 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$17.16 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Optimax Technology  (TPE:3051) 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.


Optimax Technology Cyclically Adjusted PS Ratio Related Terms


Optimax Technology Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Optimax 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.

Optimax Technology Cyclically Adjusted PS Ratio Chart

Optimax 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 1.52 0.81 1.82 1.82 1.07

Optimax Technology 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 1.62 1.47 1.27 1.07 1.15

TPE:3051 vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Optimax 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.


Optimax Technology Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TPE:3051
74GF Score
Optimax Technology Corp TPE:3051
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Optimax 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.70/17.16
=1.32

* 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.

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

For example, Optimax Technology'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)
=2.279/330.2130*330.2130
=2.279

Current CPI (Mar. 2026) = 330.2130.

Optimax Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.694 241.018 5.061
201609 3.532 241.428 4.831
201612 3.812 241.432 5.214
201703 3.188 243.801 4.318
201706 3.445 244.955 4.644
201709 3.401 246.819 4.550
201712 3.594 246.524 4.814
201803 3.260 249.554 4.314
201806 3.002 251.989 3.934
201809 5.067 252.439 6.628
201812 3.756 251.233 4.937
201903 3.393 254.202 4.408
201906 3.501 256.143 4.513
201909 4.099 256.759 5.272
201912 3.964 256.974 5.094
202003 3.203 258.115 4.098
202006 3.098 257.797 3.968
202009 3.891 260.280 4.936
202012 4.221 260.474 5.351
202103 4.425 264.877 5.516
202106 5.373 271.696 6.530
202109 4.603 274.310 5.541
202112 4.332 278.802 5.131
202203 4.552 287.504 5.228
202206 4.881 296.311 5.439
202209 4.251 296.808 4.729
202212 3.696 296.797 4.112
202303 2.830 301.836 3.096
202306 3.028 305.109 3.277
202309 3.167 307.789 3.398
202312 2.826 306.746 3.042
202403 2.255 312.332 2.384
202406 2.580 314.175 2.712
202409 2.985 315.301 3.126
202412 3.449 315.605 3.609
202503 2.734 319.799 2.823
202506 2.771 322.561 2.837
202509 2.632 324.800 2.676
202512 3.142 324.054 3.202
202603 2.279 330.213 2.279

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 1.32 mean?
Optimax Technology (TPE:3051) has a Cyclically Adjusted PS Ratio of 1.32 as of Aug. 06, 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 Optimax Technology and its competitors. This is 26% above median its historical median of 1.05. Over the past decade, Optimax Technology's Cyclically Adjusted PS Ratio has ranged from 0.22 to 2.06. According to the industry distribution chart, Optimax Technology ranks #960 out of 1974 companies in the Hardware industry, placing it in the top 48.6%.
Is Optimax Technology's Cyclically Adjusted PS Ratio too high?
Optimax Technology's current Cyclically Adjusted PS Ratio of 1.32 is 26% above median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 2.06. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. Optimax Technology's value of 1.32 is 1.1% below this industry median. Based on the distribution chart, Optimax Technology ranks #960 out of 1974 companies in the Hardware industry, which is above the industry midpoint. Overall, Optimax Technology has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Optimax Technology's Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Optimax Technology ranks #960 out of 1974 companies for Cyclically Adjusted PS Ratio. This puts Optimax Technology in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Optimax Technology's value of 1.32 is 1.1% below this benchmark. Historically, Optimax Technology's own Cyclically Adjusted PS Ratio has ranged from 0.22 to 2.06 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 1.34, Optimax 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 a Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.34, 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. Optimax Technology's current Cyclically Adjusted PS Ratio of 1.32 is 1.1% 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 Optimax Technology and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Optimax Technology's current Cyclically Adjusted PS Ratio is 1.32, which is 26% above median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Optimax Technology stock overvalued right now?
Based on GuruFocus' analysis, Optimax Technology (TPE:3051) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$25.34, compared to a current price of NT$22.70 — trading 10.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.32, which is 26% above median its 10-year median of 1.05 and 1.1% below the Hardware industry median of 1.34. Optimax Technology's overall GF Score™ is 74/100 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 Optimax Technology (TPE:3051), the current Cyclically Adjusted PS Ratio is 1.32 as of Aug. 06, 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 Optimax Technology (TPE:3051) Overvalued in 2026?

Based on GuruFocus' analysis, Optimax Technology stock appears to be undervalued. The current stock price of NT$22.70 is trading 10.4% below its estimated GF Value™ of NT$25.34. GuruFocus considers Optimax Technology to be Modestly Undervalued.

Key valuation signals for TPE:3051:

  • Cyclically Adjusted PS Ratio: 1.32 (26% above median its 10-year median of 1.05)
  • GF Value™: NT$25.34 vs. price of NT$22.70 (10.4% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 1.1% below the Hardware median (#960 of 1974)

No single metric tells the full story. See the TPE:3051 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Optimax Technology Business Description

Address No. 37, Lane 659, Pingdong Road, Pingzhen District, Taoyuan City, TWN, 32465
Optimax Technology Corp operates in the electronics component industry. The company and its subsidiaries are engaged in the manufacturing and selling of polarizers. The company offers products for twisted nematics LCDs, super twisted nematic LCDs, and other products.
74GF Score

Get the complete analysis for TPE:3051

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

NT$22.70
Price
NT$25.34
GF Value