Polytronics Technology (TPE:6224) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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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:6224 Polytronics Technology Corp TPE:6224
78 GF Score
Price NT$89.20
GF Value NT$56.56
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Polytronics Technology Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Polytronics Technology  (TPE:6224) 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.


Polytronics Technology Cyclically Adjusted PS Ratio Related Terms


Polytronics Technology Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Polytronics Technology'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.

Polytronics Technology Cyclically Adjusted PS Ratio Chart

Polytronics Technology 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 5.18 2.15 2.05 1.96 1.39

Polytronics Technology 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 1.49 1.62 1.38 1.22 2.38

TPE:6224 vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Polytronics Technology'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.


Polytronics Technology Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TPE:6224
78GF Score
Polytronics Technology Corp TPE:6224
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Polytronics Technology 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.

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

For example, Polytronics Technology'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)
=8.99/333.9520*333.9520
=8.990

Current CPI (Jun. 2026) = 333.9520.

Polytronics Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 5.542 241.428 7.666
201612 4.875 241.432 6.743
201703 4.270 243.801 5.849
201706 4.830 244.955 6.585
201709 4.925 246.819 6.664
201712 4.610 246.524 6.245
201803 4.893 249.554 6.548
201806 5.976 251.989 7.920
201809 5.393 252.439 7.134
201812 4.149 251.233 5.515
201903 3.657 254.202 4.804
201906 4.820 256.143 6.284
201909 6.024 256.759 7.835
201912 5.687 256.974 7.391
202003 4.350 258.115 5.628
202006 5.010 257.797 6.490
202009 5.826 260.280 7.475
202012 6.398 260.474 8.203
202103 6.580 264.877 8.296
202106 9.308 271.696 11.441
202109 10.779 274.310 13.123
202112 8.429 278.802 10.096
202203 8.871 287.504 10.304
202206 8.570 296.311 9.659
202209 8.316 296.808 9.357
202212 8.001 296.797 9.003
202303 7.681 301.836 8.498
202306 8.351 305.109 9.140
202309 8.590 307.789 9.320
202312 7.654 306.746 8.333
202403 7.011 312.332 7.496
202406 7.620 314.175 8.100
202409 9.804 315.301 10.384
202412 8.463 315.605 8.955
202503 8.289 319.799 8.656
202506 8.868 322.561 9.181
202509 8.132 324.800 8.361
202512 8.053 324.054 8.299
202603 8.321 330.213 8.415
202606 8.990 333.952 8.990

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 Polytronics Technology (TPE:6224) Overvalued in 2026?

Based on GuruFocus' analysis, Polytronics Technology stock appears to be overvalued. The current stock price of NT$89.20 is trading 57.7% above its estimated GF Value™ of NT$56.56. GuruFocus considers Polytronics Technology to be Significantly Overvalued.

Key valuation signals for TPE:6224:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: NT$56.56 vs. price of NT$89.20 (57.7% above fair value)
  • GF Score™: 78/100 with 9 warning signs

No single metric tells the full story. See the TPE:6224 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Polytronics Technology Business Description

Address No. 24-1 Industry E. Road. IV, Hsinchu Science Park, Hsinchu, TWN, 300
Polytronics Technology Corp, along with its subsidiaries, is a company that specializes in the research, development, manufacturing, and sale of polymeric positive temperature coefficient thermistors and overvoltage protection elements, as well as production-related semi-finished goods, modules, heat conductive substrates, thermal modules, heat dispersing materials, light emitting diode lighting, and modules. Geographically, the company operates in Taiwan, China (including Hong Kong) and America, and Others, of which it derives maximum revenue from China.
78GF Score

Get the complete analysis for TPE:6224

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

NT$89.20
Price
NT$56.56
GF Value