Systex (TPE:6214) Cyclically Adjusted PS Ratio: (As of Aug. 03, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:6214 Systex Corp TPE:6214
88 GF Score
Price NT$148.50
GF Value NT$129.33
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Systex Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Systex  (TPE:6214) 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.


Systex Cyclically Adjusted PS Ratio Related Terms


Systex Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Systex'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.

Systex Cyclically Adjusted PS Ratio Chart

Systex 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 0.96 0.69 1.03 1.22 0.92

Systex 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 1.04 0.84 0.95 0.92 0.00

TPE:6214 vs IBM, ACN, FISV: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, Systex'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.


Systex Cyclically Adjusted PS Ratio vs Software Industry

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

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


TPE:6214
88GF Score
Systex Corp TPE:6214
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Systex 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.

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

For example, Systex'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)
=43.863/330.2130*330.2130
=43.863

Current CPI (Mar. 2026) = 330.2130.

Systex Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 16.184 241.018 22.173
201609 15.857 241.428 21.688
201612 13.599 241.432 18.600
201703 15.062 243.801 20.401
201706 16.534 244.955 22.289
201709 17.547 246.819 23.476
201712 19.435 246.524 26.033
201803 16.846 249.554 22.291
201806 19.698 251.989 25.813
201809 20.542 252.439 26.871
201812 31.090 251.233 40.864
201903 20.030 254.202 26.019
201906 21.936 256.143 28.279
201909 22.835 256.759 29.368
201912 24.073 256.974 30.934
202003 23.151 258.115 29.618
202006 23.641 257.797 30.282
202009 22.408 260.280 28.429
202012 26.290 260.474 33.329
202103 29.575 264.877 36.870
202106 27.559 271.696 33.495
202109 31.399 274.310 37.798
202112 41.082 278.802 48.658
202203 31.061 287.504 35.675
202206 31.032 296.311 34.582
202209 34.325 296.808 38.188
202212 49.646 296.797 55.236
202303 33.045 301.836 36.152
202306 33.427 305.109 36.177
202309 33.489 307.789 35.929
202312 30.805 306.746 33.162
202403 40.736 312.332 43.068
202406 35.545 314.175 37.360
202409 36.260 315.301 37.975
202412 39.170 315.605 40.983
202503 36.079 319.799 37.254
202506 37.191 322.561 38.073
202509 46.419 324.800 47.193
202512 41.597 324.054 42.388
202603 43.863 330.213 43.863

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.

Is Systex (TPE:6214) Overvalued in 2026?

Based on GuruFocus' analysis, Systex stock appears to be overvalued. The current stock price of NT$148.50 is trading 14.8% above its estimated GF Value™ of NT$129.33. GuruFocus considers Systex to be Modestly Overvalued.

Key valuation signals for TPE:6214:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: NT$129.33 vs. price of NT$148.50 (14.8% above fair value)
  • GF Score™: 88/100 with 6 warning signs

No single metric tells the full story. See the TPE:6214 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Systex Business Description

Address 318, Ruiguang Road, Neihu District, Taiepi, TWN, 114
Systex Corp is engaged in sale and lease of computer software and related equipment, transmission and security of value-added network, maintenance of databases, and consultation. It operates in three segments: Industry Application Services, Value-Added Distribution (VAD) Services, and System Integration Value-Added Services. The majority of the revenue is derived from the Value-Added Distribution Services segment, which offers sales, implementation, and technical support for hardware and software products from both domestic and international vendors. It also encompasses cloud platform deployment, enterprise cloud applications, IT professional training, and publishing services, meeting enterprise clients' demand for rapid access to information technology infrastructure and capabilities.
88GF Score

Get the complete analysis for TPE:6214

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

NT$148.50
Price
NT$129.33
GF Value