Harvatek (TPE:6168) Cyclically Adjusted PS Ratio: 1.47 (As of Aug. 02, 2026) — 18% Above Median

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TPE:6168 Harvatek Corp TPE:6168
70 GF Score
Price NT$21.40
GF Value NT$21.58
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Harvatek Cyclically Adjusted PS Ratio?

Harvatek TPE:6168 +8.08% 70 Cyclically Adjusted PS Ratio is 1.47 as of Aug. 02, 2026, which is 18% above its 10-year median of 1.25. GuruFocus rates TPE:6168 with a GF Score™ of 70/100 and a GF Value™ of NT$21.58 (Fairly Valued). The stock has 1 warning sign investors should review. Among 732 Semiconductors companies, Harvatek ranks better than 65.71% on this metric.

As of today (2026-08-02), Harvatek's current share price is NT$21.40. Harvatek's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$14.57. Harvatek's Cyclically Adjusted PS Ratio for today is 1.47.

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

TPE:6168' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.52   Med: 1.25   Max: 2.11
Current: 1.47

During the past years, Harvatek's highest Cyclically Adjusted PS Ratio was 2.11. The lowest was 0.52. And the median was 1.25.

TPE:6168's Cyclically Adjusted PS Ratio is ranked better than
65.71% of 732 companies
in the Semiconductors industry
Industry Median: 2.855 vs TPE:6168: 1.47

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.

Harvatek's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$2.053. 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$14.57 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Harvatek  (TPE:6168) 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.


Harvatek Cyclically Adjusted PS Ratio Related Terms


Harvatek Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Harvatek'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.

Harvatek Cyclically Adjusted PS Ratio Chart

Harvatek 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 1.43 0.92 1.48 1.44 1.33

Harvatek 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 1.18 1.03 1.39 1.33 1.57

TPE:6168 vs NVDA, AVGO, MU: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, Harvatek'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.


Harvatek Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


TPE:6168
70GF Score
Harvatek Corp TPE:6168
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Harvatek 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=21.40/14.57
=1.47

* 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.

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

For example, Harvatek'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)
=2.053/330.2130*330.2130
=2.053

Current CPI (Mar. 2026) = 330.2130.

Harvatek Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.429 241.018 4.698
201609 3.359 241.428 4.594
201612 3.589 241.432 4.909
201703 3.384 243.801 4.583
201706 3.182 244.955 4.290
201709 4.018 246.819 5.376
201712 3.675 246.524 4.923
201803 3.759 249.554 4.974
201806 3.706 251.989 4.856
201809 3.521 252.439 4.606
201812 3.047 251.233 4.005
201903 3.017 254.202 3.919
201906 2.306 256.143 2.973
201909 2.561 256.759 3.294
201912 2.586 256.974 3.323
202003 2.965 258.115 3.793
202006 2.600 257.797 3.330
202009 2.881 260.280 3.655
202012 3.575 260.474 4.532
202103 3.294 264.877 4.107
202106 4.097 271.696 4.979
202109 3.891 274.310 4.684
202112 3.253 278.802 3.853
202203 3.311 287.504 3.803
202206 3.457 296.311 3.853
202209 2.650 296.808 2.948
202212 2.467 296.797 2.745
202303 2.482 301.836 2.715
202306 2.307 305.109 2.497
202309 2.417 307.789 2.593
202312 2.671 306.746 2.875
202403 2.227 312.332 2.354
202406 2.434 314.175 2.558
202409 2.892 315.301 3.029
202412 2.310 315.605 2.417
202503 2.979 319.799 3.076
202506 2.712 322.561 2.776
202509 2.675 324.800 2.720
202512 2.410 324.054 2.456
202603 2.053 330.213 2.053

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 1.47 mean?
Harvatek (TPE:6168) has a Cyclically Adjusted PS Ratio of 1.47 as of Aug. 02, 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 Harvatek and its competitors. This is 18% above median its historical median of 1.25. Over the past decade, Harvatek's Cyclically Adjusted PS Ratio has ranged from 0.52 to 2.11. According to the industry distribution chart, Harvatek ranks #251 out of 732 companies in the Semiconductors industry, placing it in the top 34.3%.
Is Harvatek's Cyclically Adjusted PS Ratio too high?
Harvatek's current Cyclically Adjusted PS Ratio of 1.47 is 18% above median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 2.11. The Semiconductors industry median Cyclically Adjusted PS Ratio is 2.86. Harvatek's value of 1.47 is 48.5% below this industry median. Based on the distribution chart, Harvatek ranks #251 out of 732 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Harvatek has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Harvatek's Cyclically Adjusted PS Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Harvatek ranks #251 out of 732 companies for Cyclically Adjusted PS Ratio. This puts Harvatek in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.86. Harvatek's value of 1.47 is 48.5% below this benchmark. Historically, Harvatek's own Cyclically Adjusted PS Ratio has ranged from 0.52 to 2.11 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 2.86, Harvatek 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 2.86, 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. Harvatek's current Cyclically Adjusted PS Ratio of 1.47 is 48.5% 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 Harvatek and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 2.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harvatek's current Cyclically Adjusted PS Ratio is 1.47, which is 18% above median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harvatek stock overvalued right now?
Based on GuruFocus' analysis, Harvatek (TPE:6168) is currently considered Fairly Valued. The stock's GF Value™ is NT$21.58, compared to a current price of NT$21.40 — trading 0.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.47, which is 18% above median its 10-year median of 1.25 and 48.5% below the Semiconductors industry median of 2.86. Harvatek's overall GF Score™ is 70/100 with 1 warning sign 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 Harvatek (TPE:6168), the current Cyclically Adjusted PS Ratio is 1.47 as of Aug. 02, 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 Harvatek (TPE:6168) Overvalued in 2026?

Based on GuruFocus' analysis, Harvatek stock appears to be undervalued. The current stock price of NT$21.40 is trading 0.8% below its estimated GF Value™ of NT$21.58. GuruFocus considers Harvatek to be Fairly Valued.

Key valuation signals for TPE:6168:

  • Cyclically Adjusted PS Ratio: 1.47 (18% above median its 10-year median of 1.25)
  • GF Value™: NT$21.58 vs. price of NT$21.40 (0.8% below fair value)
  • GF Score™: 70/100 with 1 warning sign
  • Industry Position: 48.5% below the Semiconductors median (#251 of 732)

No single metric tells the full story. See the TPE:6168 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harvatek Business Description

Address No. 18 Lane 522, Zhonghua Road, Section 5, Hsinchu, TWN, 300
Harvatek Corp is engaged in the research, development, design, manufacturing, testing, and import-export trade of light-emitting diode packaging.
70GF Score

Get the complete analysis for TPE:6168

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

NT$21.40
Price
NT$21.58
GF Value