Systex (TPE:6214) Cyclically Adjusted PS Ratio: 1.33 (As of Sep. 08, 2026) — 29% Above Median

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TPE:6214 Systex Corp TPE:6214
92 GF Score
Price NT$185.00
GF Value NT$155.18
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Systex Cyclically Adjusted PS Ratio?

Systex TPE:6214 92 Cyclically Adjusted PS Ratio is 1.33 as of Sep. 08, 2026, which is 29% above its 10-year median of 1.03. GuruFocus rates TPE:6214 with a GF Score™ of 92/100 and a GF Value™ of NT$155.18 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,580 Software companies, Systex ranks better than 56.9% on this metric.

As of today (2026-09-08), Systex's current share price is NT$185.00. Systex's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was NT$138.93. Systex's Cyclically Adjusted PS Ratio for today is 1.33.

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

TPE:6214' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.03   Max: 1.34
Current: 1.34

During the past years, Systex's highest Cyclically Adjusted PS Ratio was 1.34. The lowest was 0.66. And the median was 1.03.

TPE:6214's Cyclically Adjusted PS Ratio is ranked better than
56.9% of 1580 companies
in the Software industry
Industry Median: 1.675 vs TPE:6214: 1.34

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.

Systex's adjusted revenue per share data for the three months ended in Jun. 2026 was NT$56.450. 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$138.93 for the trailing ten years ended in Jun. 2026.

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 0.91

Systex Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.84 0.95 0.91 0.78 0.96

TPE:6214 vs IBM, ACN, CTSH: 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
92GF Score
Systex Corp TPE:6214
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=185.00/138.93
=1.33

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

For example, Systex's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=56.45/333.9520*333.9520
=56.450

Current CPI (Jun. 2026) = 333.9520.

Systex Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 15.857 241.428 21.934
201612 13.599 241.432 18.810
201703 15.062 243.801 20.632
201706 16.534 244.955 22.541
201709 17.547 246.819 23.742
201712 19.435 246.524 26.327
201803 16.846 249.554 22.543
201806 19.698 251.989 26.105
201809 20.542 252.439 27.175
201812 31.090 251.233 41.326
201903 20.030 254.202 26.314
201906 21.936 256.143 28.600
201909 22.835 256.759 29.700
201912 24.073 256.974 31.284
202003 23.151 258.115 29.953
202006 23.641 257.797 30.625
202009 22.408 260.280 28.751
202012 26.290 260.474 33.706
202103 29.575 264.877 37.288
202106 27.559 271.696 33.874
202109 31.399 274.310 38.226
202112 41.082 278.802 49.208
202203 31.061 287.504 36.079
202206 31.032 296.311 34.974
202209 34.325 296.808 38.621
202212 49.646 296.797 55.861
202303 33.045 301.836 36.561
202306 33.427 305.109 36.587
202309 33.489 307.789 36.336
202312 30.805 306.746 33.537
202403 40.736 312.332 43.556
202406 35.545 314.175 37.783
202409 36.260 315.301 38.405
202412 39.170 315.605 41.447
202503 36.079 319.799 37.676
202506 40.429 322.561 41.857
202509 46.419 324.800 47.727
202512 41.597 324.054 42.868
202603 43.863 330.213 44.360
202606 56.450 333.952 56.450

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 1.33 mean?
Systex (TPE:6214) has a Cyclically Adjusted PS Ratio of 1.33 as of Sep. 08, 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 Systex and its competitors. This is 29% above median its historical median of 1.03. Over the past decade, Systex's Cyclically Adjusted PS Ratio has ranged from 0.66 to 1.34. According to the industry distribution chart, Systex ranks #681 out of 1580 companies in the Software industry, placing it in the top 43.1%.
Is Systex's Cyclically Adjusted PS Ratio too high?
Systex's current Cyclically Adjusted PS Ratio of 1.33 is 29% above median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 1.34. The Software industry median Cyclically Adjusted PS Ratio is 1.68. Systex's value of 1.33 is 20.6% below this industry median. Based on the distribution chart, Systex ranks #681 out of 1580 companies in the Software industry, which is above the industry midpoint. Overall, Systex has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Systex's Cyclically Adjusted PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Systex ranks #681 out of 1580 companies for Cyclically Adjusted PS Ratio. This puts Systex in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.68. Systex's value of 1.33 is 20.6% below this benchmark. Historically, Systex's own Cyclically Adjusted PS Ratio has ranged from 0.66 to 1.34 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 1.68, Systex 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 Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.68, based on 1,580 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. Systex's current Cyclically Adjusted PS Ratio of 1.33 is 20.6% 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 Systex and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Systex's current Cyclically Adjusted PS Ratio is 1.33, which is 29% above median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Systex stock overvalued right now?
Based on GuruFocus' analysis, Systex (TPE:6214) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$155.18, compared to a current price of NT$185.00 — trading 19.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.33, which is 29% above median its 10-year median of 1.03 and 20.6% below the Software industry median of 1.68. Systex's overall GF Score™ is 92/100 with 9 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 Systex (TPE:6214), the current Cyclically Adjusted PS Ratio is 1.33 as of Sep. 08, 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 Systex (TPE:6214) Overvalued in 2026?

Based on GuruFocus' analysis, Systex stock appears to be overvalued. The current stock price of NT$185.00 is trading 19.2% above its estimated GF Value™ of NT$155.18. GuruFocus considers Systex to be Modestly Overvalued.

Key valuation signals for TPE:6214:

  • Cyclically Adjusted PS Ratio: 1.33 (29% above median its 10-year median of 1.03)
  • GF Value™: NT$155.18 vs. price of NT$185.00 (19.2% above fair value)
  • GF Score™: 92/100 with 9 warning signs
  • Industry Position: 20.6% below the Software median (#681 of 1580)

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.
92GF 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$185.00
Price
NT$155.18
GF Value