Altek (TPE:3059) Cyclically Adjusted PS Ratio: 0.93 (As of Jul. 30, 2026) — 37% Above Median

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TPE:3059 Altek Corp TPE:3059
49 GF Score
Price NT$37.50
GF Value NT$35.20
Valuation Fairly Valued
! 3 Warning Signs
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What is Altek Cyclically Adjusted PS Ratio?

Altek TPE:3059 -2.22% 49 Cyclically Adjusted PS Ratio is 0.93 as of Jul. 30, 2026, which is 37% above its 10-year median of 0.68. GuruFocus rates TPE:3059 with a GF Score™ of 49/100 and a GF Value™ of NT$35.20 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,975 Hardware companies, Altek ranks better than 59.19% on this metric.

As of today (2026-07-30), Altek's current share price is NT$37.50. Altek's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$40.46. Altek's Cyclically Adjusted PS Ratio for today is 0.93.

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

TPE:3059' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.68   Max: 1.4
Current: 0.93

During the past years, Altek's highest Cyclically Adjusted PS Ratio was 1.40. The lowest was 0.25. And the median was 0.68.

TPE:3059's Cyclically Adjusted PS Ratio is ranked better than
59.19% of 1975 companies
in the Hardware industry
Industry Median: 1.34 vs TPE:3059: 0.93

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.

Altek's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$6.569. 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$40.46 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Altek  (TPE:3059) 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.


Altek Cyclically Adjusted PS Ratio Related Terms


Altek Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Altek'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.

Altek Cyclically Adjusted PS Ratio Chart

Altek 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 0.87 0.65 0.80 0.90 1.00

Altek 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 0.89 0.94 1.26 1.00 0.87

TPE:3059 vs COHR, KEYS, GRMN: Cyclically Adjusted PS Ratio Comparison

For the Scientific & Technical Instruments subindustry, Altek'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.


Altek Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TPE:3059
49GF Score
Altek Corp TPE:3059
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Altek 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.

Altek's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=37.50/40.46
=0.93

* 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.

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

For example, Altek'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)
=6.569/330.2130*330.2130
=6.569

Current CPI (Mar. 2026) = 330.2130.

Altek Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 10.211 241.018 13.990
201609 11.924 241.428 16.309
201612 12.409 241.432 16.972
201703 9.798 243.801 13.271
201706 8.843 244.955 11.921
201709 10.026 246.819 13.414
201712 10.180 246.524 13.636
201803 8.612 249.554 11.396
201806 12.754 251.989 16.713
201809 11.050 252.439 14.454
201812 8.284 251.233 10.888
201903 6.192 254.202 8.044
201906 5.565 256.143 7.174
201909 5.696 256.759 7.326
201912 5.001 256.974 6.426
202003 4.018 258.115 5.140
202006 5.680 257.797 7.276
202009 6.160 260.280 7.815
202012 6.770 260.474 8.583
202103 7.267 264.877 9.060
202106 8.536 271.696 10.374
202109 9.078 274.310 10.928
202112 8.464 278.802 10.025
202203 12.829 287.504 14.735
202206 11.250 296.311 12.537
202209 14.255 296.808 15.859
202212 11.563 296.797 12.865
202303 7.977 301.836 8.727
202306 7.829 305.109 8.473
202309 8.063 307.789 8.650
202312 8.695 306.746 9.360
202403 5.730 312.332 6.058
202406 6.168 314.175 6.483
202409 6.692 315.301 7.008
202412 7.047 315.605 7.373
202503 6.057 319.799 6.254
202506 7.161 322.561 7.331
202509 7.925 324.800 8.057
202512 7.002 324.054 7.135
202603 6.569 330.213 6.569

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 0.93 mean?
Altek (TPE:3059) has a Cyclically Adjusted PS Ratio of 0.93 as of Jul. 30, 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 Altek and its competitors. This is 37% above median its historical median of 0.68. Over the past decade, Altek's Cyclically Adjusted PS Ratio has ranged from 0.25 to 1.40. According to the industry distribution chart, Altek ranks #806 out of 1975 companies in the Hardware industry, placing it in the top 40.8%.
Is Altek's Cyclically Adjusted PS Ratio too high?
Altek's current Cyclically Adjusted PS Ratio of 0.93 is 37% above median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 1.40. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. Altek's value of 0.93 is 30.6% below this industry median. Based on the distribution chart, Altek ranks #806 out of 1975 companies in the Hardware industry, which is above the industry midpoint. Overall, Altek has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Altek's Cyclically Adjusted PS Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Altek ranks #806 out of 1975 companies for Cyclically Adjusted PS Ratio. This puts Altek in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Altek's value of 0.93 is 30.6% below this benchmark. Historically, Altek's own Cyclically Adjusted PS Ratio has ranged from 0.25 to 1.40 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 1.34, Altek 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 1,975 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. Altek's current Cyclically Adjusted PS Ratio of 0.93 is 30.6% 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 Altek 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. Altek's current Cyclically Adjusted PS Ratio is 0.93, which is 37% above median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altek stock overvalued right now?
Based on GuruFocus' analysis, Altek (TPE:3059) is currently considered Fairly Valued. The stock's GF Value™ is NT$35.20, compared to a current price of NT$37.50 — trading 6.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.93, which is 37% above median its 10-year median of 0.68 and 30.6% below the Hardware industry median of 1.34. Altek's overall GF Score™ is 49/100 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 Altek (TPE:3059), the current Cyclically Adjusted PS Ratio is 0.93 as of Jul. 30, 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 Altek (TPE:3059) Overvalued in 2026?

Based on GuruFocus' analysis, Altek stock appears to be overvalued. The current stock price of NT$37.50 is trading 6.5% above its estimated GF Value™ of NT$35.20. GuruFocus considers Altek to be Fairly Valued.

Key valuation signals for TPE:3059:

  • Cyclically Adjusted PS Ratio: 0.93 (37% above median its 10-year median of 0.68)
  • GF Value™: NT$35.20 vs. price of NT$37.50 (6.5% above fair value)
  • GF Score™: 49/100 with 3 warning signs
  • Industry Position: 30.6% below the Hardware median (#806 of 1975)

No single metric tells the full story. See the TPE:3059 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Altek Business Description

Address No. 12, Li-Hsin Road, Science Park, Hsinchu, TWN, 300
Altek Corp is a digital image product supplier. The company, along with its subsidiaries, are engaged in the development, manufacturing, and sale of automobile cameras, medical and digital image technology application products, and related export and import trade.The Group mainly has one single reportable segment. The company generates the majority of its revenue from the Asia region followed by America and so on.
49GF Score

Get the complete analysis for TPE:3059

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

NT$37.50
Price
NT$35.20
GF Value