FocalTech Systems Co (TPE:3545) Cyclically Adjusted PS Ratio: 0.74 (As of Jul. 15, 2026) — 21% Below Median

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TPE:3545 FocalTech Systems Co Ltd TPE:3545
74 GF Score
Price NT$53.20
GF Value NT$67.86
Valuation Modestly Undervalued
! 6 Warning Signs
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What is FocalTech Systems Co Cyclically Adjusted PS Ratio?

FocalTech Systems Co TPE:3545 -4.14% 74 Cyclically Adjusted PS Ratio is 0.74 as of Jul. 15, 2026, which is 21% below its 10-year median of 0.94. GuruFocus rates TPE:3545 with a GF Score™ of 74/100 and a GF Value™ of NT$67.86 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 732 Semiconductors companies, FocalTech Systems Co ranks better than 79.51% on this metric.

As of today (2026-07-15), FocalTech Systems Co's current share price is NT$53.20. FocalTech Systems Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$71.80. FocalTech Systems Co's Cyclically Adjusted PS Ratio for today is 0.74.

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

TPE:3545' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.94   Max: 3.78
Current: 0.8

During the past years, FocalTech Systems Co's highest Cyclically Adjusted PS Ratio was 3.78. The lowest was 0.41. And the median was 0.94.

TPE:3545's Cyclically Adjusted PS Ratio is ranked better than
79.51% of 732 companies
in the Semiconductors industry
Industry Median: 3.29 vs TPE:3545: 0.80

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.

FocalTech Systems Co's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$13.117. 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$71.80 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


FocalTech Systems Co  (TPE:3545) 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.


FocalTech Systems Co Cyclically Adjusted PS Ratio Related Terms


FocalTech Systems Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for FocalTech Systems 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.

FocalTech Systems Co Cyclically Adjusted PS Ratio Chart

FocalTech Systems 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 2.22 0.74 1.59 1.24 0.72

FocalTech Systems Co 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 1.24 0.91 0.90 0.92 0.72

TPE:3545 vs NVDA, AVGO, MU: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, FocalTech Systems 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.


FocalTech Systems Co Cyclically Adjusted PS Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, FocalTech Systems Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TPE:3545
74GF Score
FocalTech Systems Co Ltd TPE:3545
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FocalTech Systems 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.

FocalTech Systems Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=53.20/71.80
=0.74

* 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.

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

For example, FocalTech Systems Co'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)
=13.117/324.0540*324.0540
=13.117

Current CPI (Dec. 2025) = 324.0540.

FocalTech Systems Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 11.281 238.132 15.351
201606 14.260 241.018 19.173
201609 15.028 241.428 20.171
201612 12.755 241.432 17.120
201703 10.604 243.801 14.095
201706 12.754 244.955 16.872
201709 16.089 246.819 21.124
201712 13.554 246.524 17.817
201803 12.902 249.554 16.754
201806 13.423 251.989 17.262
201809 12.714 252.439 16.321
201812 10.322 251.233 13.314
201903 8.535 254.202 10.880
201906 11.182 256.143 14.147
201909 12.868 256.759 16.241
201912 13.890 256.974 17.516
202003 10.025 258.115 12.586
202006 13.254 257.797 16.660
202009 14.692 260.280 18.292
202012 19.576 260.474 24.354
202103 20.633 264.877 25.243
202106 27.267 271.696 32.522
202109 29.356 274.310 34.679
202112 25.814 278.802 30.004
202203 18.230 287.504 20.548
202206 15.595 296.311 17.055
202209 11.652 296.808 12.722
202212 15.658 296.797 17.096
202303 15.252 301.836 16.375
202306 14.516 305.109 15.417
202309 17.005 307.789 17.904
202312 16.525 306.746 17.457
202403 16.549 312.332 17.170
202406 13.936 314.175 14.374
202409 17.696 315.301 18.187
202412 18.932 315.605 19.439
202503 13.792 319.799 13.976
202506 14.313 322.561 14.379
202509 14.357 324.800 14.324
202512 13.117 324.054 13.117

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 0.74 mean?
FocalTech Systems Co (TPE:3545) has a Cyclically Adjusted PS Ratio of 0.74 as of Jul. 15, 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 FocalTech Systems Co and its competitors. This is 21% below median its historical median of 0.94. Over the past decade, FocalTech Systems Co's Cyclically Adjusted PS Ratio has ranged from 0.41 to 3.78. According to the industry distribution chart, FocalTech Systems Co ranks #150 out of 732 companies in the Semiconductors industry, placing it in the top 20.5%.
Is FocalTech Systems Co's Cyclically Adjusted PS Ratio too high?
FocalTech Systems Co's current Cyclically Adjusted PS Ratio of 0.74 is 21% below median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 3.78. The Semiconductors industry median Cyclically Adjusted PS Ratio is 3.29. FocalTech Systems Co's value of 0.74 is 77.5% below this industry median. Based on the distribution chart, FocalTech Systems Co ranks #150 out of 732 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, FocalTech Systems Co has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FocalTech Systems Co's Cyclically Adjusted PS Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, FocalTech Systems Co ranks #150 out of 732 companies for Cyclically Adjusted PS Ratio. This places FocalTech Systems Co in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 3.29. FocalTech Systems Co's value of 0.74 is 77.5% below this benchmark. Historically, FocalTech Systems Co's own Cyclically Adjusted PS Ratio has ranged from 0.41 to 3.78 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 3.29, FocalTech Systems 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 Semiconductors company?
The median Cyclically Adjusted PS Ratio among Semiconductors companies is 3.29, based on 732 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. FocalTech Systems Co's current Cyclically Adjusted PS Ratio of 0.74 is 77.5% 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 FocalTech Systems Co and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 3.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FocalTech Systems Co's current Cyclically Adjusted PS Ratio is 0.74, which is 21% below median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FocalTech Systems Co stock overvalued right now?
Based on GuruFocus' analysis, FocalTech Systems Co (TPE:3545) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$67.86, compared to a current price of NT$53.20 — trading 21.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.74, which is 21% below median its 10-year median of 0.94 and 77.5% below the Semiconductors industry median of 3.29. FocalTech Systems Co's overall GF Score™ is 74/100 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 FocalTech Systems Co (TPE:3545), the current Cyclically Adjusted PS Ratio is 0.74 as of Jul. 15, 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 FocalTech Systems Co (TPE:3545) Overvalued in 2026?

Based on GuruFocus' analysis, FocalTech Systems Co stock appears to be undervalued. The current stock price of NT$53.20 is trading 21.6% below its estimated GF Value™ of NT$67.86. GuruFocus considers FocalTech Systems Co to be Modestly Undervalued.

Key valuation signals for TPE:3545:

  • Cyclically Adjusted PS Ratio: 0.74 (21% below median its 10-year median of 0.94)
  • GF Value™: NT$67.86 vs. price of NT$53.20 (21.6% below fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 77.5% below the Semiconductors median (#150 of 732)

No single metric tells the full story. See the TPE:3545 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FocalTech Systems Co Business Description

Address No. 23, Huanke 1st Road, 11th Floor-1, Hsinchu County, Zhubei, TWN, 302047
FocalTech Systems Co Ltd mainly engages in the research, development, design, manufacturing, and sales of Human-Machine Interface solutions, such as Display Driver IC, Touch Control IC and so on. It delivers the complete line-up of capacitive touch panel solutions to accommodate from 1 to 25 inch capacitive touch screen panels that adopts a variety of sensor stack-up structures, processes and materials. It is also engaged in the TFT LCD driver IC business. The company operates the business in one single segment: IC for Human-Machine Interface Solutions. The Group operates in geographical areas China, which derives maximum revenue; Taiwan; and Others.
74GF Score

Get the complete analysis for TPE:3545

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

NT$53.20
Price
NT$67.86
GF Value