Primax Electronics (TPE:4915) Cyclically Adjusted PS Ratio: 0.36 (As of Jul. 30, 2026) — Near Median

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TPE:4915 Primax Electronics Ltd TPE:4915
83 GF Score
Price NT$63.60
GF Value NT$82.12
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Primax Electronics Cyclically Adjusted PS Ratio?

Primax Electronics TPE:4915 +0.95% 83 Cyclically Adjusted PS Ratio is 0.36 as of Jul. 30, 2026, which is 8% below its 10-year median of 0.39. GuruFocus rates TPE:4915 with a GF Score™ of 83/100 and a GF Value™ of NT$82.12 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,975 Hardware companies, Primax Electronics ranks better than 80.91% on this metric.

As of today (2026-07-30), Primax Electronics's current share price is NT$63.60. Primax Electronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$178.72. Primax Electronics's Cyclically Adjusted PS Ratio for today is 0.36.

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

TPE:4915' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.39   Max: 0.61
Current: 0.36

During the past years, Primax Electronics's highest Cyclically Adjusted PS Ratio was 0.61. The lowest was 0.28. And the median was 0.39.

TPE:4915's Cyclically Adjusted PS Ratio is ranked better than
80.91% of 1975 companies
in the Hardware industry
Industry Median: 1.34 vs TPE:4915: 0.36

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.

Primax Electronics's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$34.008. 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$178.72 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Primax Electronics  (TPE:4915) 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.


Primax Electronics Cyclically Adjusted PS Ratio Related Terms


Primax Electronics Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Primax Electronics'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.

Primax Electronics Cyclically Adjusted PS Ratio Chart

Primax Electronics 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 0.36 0.33 0.38 0.43 0.44

Primax Electronics 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 0.46 0.40 0.44 0.44 0.39

TPE:4915 vs AAPL: Cyclically Adjusted PS Ratio Comparison

For the Consumer Electronics subindustry, Primax Electronics'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.


Primax Electronics Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TPE:4915
83GF Score
Primax Electronics Ltd TPE:4915
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Primax Electronics 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.

Primax Electronics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=63.60/178.72
=0.36

* 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.

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

For example, Primax Electronics'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)
=34.008/330.2130*330.2130
=34.008

Current CPI (Mar. 2026) = 330.2130.

Primax Electronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 33.675 241.018 46.137
201609 41.797 241.428 57.168
201612 39.477 241.432 53.994
201703 29.008 243.801 39.289
201706 31.159 244.955 42.004
201709 33.678 246.819 45.057
201712 42.602 246.524 57.064
201803 26.694 249.554 35.322
201806 33.204 251.989 43.511
201809 43.963 252.439 57.508
201812 41.353 251.233 54.353
201903 30.541 254.202 39.673
201906 37.610 256.143 48.486
201909 56.612 256.759 72.808
201912 55.789 256.974 71.689
202003 30.147 258.115 38.568
202006 36.502 257.797 46.756
202009 42.301 260.280 53.667
202012 43.104 260.474 54.645
202103 38.140 264.877 47.548
202106 36.607 271.696 44.491
202109 39.189 274.310 47.176
202112 44.928 278.802 53.213
202203 39.556 287.504 45.432
202206 44.784 296.311 49.908
202209 49.128 296.808 54.657
202212 40.747 296.797 45.335
202303 32.235 301.836 35.266
202306 35.383 305.109 38.294
202309 34.367 307.789 36.871
202312 30.345 306.746 32.666
202403 29.676 312.332 31.375
202406 33.386 314.175 35.090
202409 34.589 315.301 36.225
202412 28.426 315.605 29.742
202503 31.877 319.799 32.915
202506 31.433 322.561 32.179
202509 34.137 324.800 34.706
202512 31.754 324.054 32.358
202603 34.008 330.213 34.008

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 0.36 mean?
Primax Electronics (TPE:4915) has a Cyclically Adjusted PS Ratio of 0.36 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 Primax Electronics and its competitors. This is near median its historical median of 0.39. Over the past decade, Primax Electronics' Cyclically Adjusted PS Ratio has ranged from 0.28 to 0.61. According to the industry distribution chart, Primax Electronics ranks #377 out of 1975 companies in the Hardware industry, placing it in the top 19.1%.
Is Primax Electronics' Cyclically Adjusted PS Ratio too high?
Primax Electronics' current Cyclically Adjusted PS Ratio of 0.36 is near median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 0.61. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. Primax Electronics' value of 0.36 is 73.1% below this industry median. Based on the distribution chart, Primax Electronics ranks #377 out of 1975 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Primax Electronics has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Primax Electronics' Cyclically Adjusted PS Ratio compare to AAPL?
According to the Hardware industry distribution chart, Primax Electronics ranks #377 out of 1975 companies for Cyclically Adjusted PS Ratio. This places Primax Electronics in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.34. Primax Electronics' value of 0.36 is 73.1% below this benchmark. Historically, Primax Electronics' own Cyclically Adjusted PS Ratio has ranged from 0.28 to 0.61 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 1.34, Primax Electronics 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. Primax Electronics's current Cyclically Adjusted PS Ratio of 0.36 is 73.1% 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 Primax Electronics 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. Primax Electronics's current Cyclically Adjusted PS Ratio is 0.36, which is near median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primax Electronics stock overvalued right now?
Based on GuruFocus' analysis, Primax Electronics (TPE:4915) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$82.12, compared to a current price of NT$63.60 — trading 22.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.36, which is near median its 10-year median of 0.39 and 73.1% below the Hardware industry median of 1.34. Primax Electronics' overall GF Score™ is 83/100 with 4 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 Primax Electronics (TPE:4915), the current Cyclically Adjusted PS Ratio is 0.36 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 Primax Electronics (TPE:4915) Overvalued in 2026?

Based on GuruFocus' analysis, Primax Electronics stock appears to be undervalued. The current stock price of NT$63.60 is trading 22.6% below its estimated GF Value™ of NT$82.12. GuruFocus considers Primax Electronics to be Modestly Undervalued.

Key valuation signals for TPE:4915:

  • Cyclically Adjusted PS Ratio: 0.36 (near median its 10-year median of 0.39)
  • GF Value™: NT$82.12 vs. price of NT$63.60 (22.6% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 73.1% below the Hardware median (#377 of 1975)

No single metric tells the full story. See the TPE:4915 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Primax Electronics Business Description

Address No. 669, Ruey Kuang Road, Neihu District, Taipei, TWN, 11492
Primax Electronics Ltd is a manufacturer of components for mobile devices, personal computer peripherals, business equipment, and the digital home, that operates in two business segments; The division for computer peripherals specializes in the manufacture and sale of computer mice, keyboards, trackpads, etc. The division for non-computer peripherals specializes in the manufacture and sale of digital camera modules, mobile phone accessories, multi-function printers, scanners, shredders, amplifiers, speakers and audio systems, etc. The company derives the maximum of its revenue from the non-computer peripherals segment. Geographically, it derives maximum revenue from China.
83GF Score

Get the complete analysis for TPE:4915

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

NT$63.60
Price
NT$82.12
GF Value