Voltronic Power Technology (TPE:6409) Cyclically Adjusted PS Ratio: 4.68 (As of Jul. 23, 2026) — 52% Below Median

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TPE:6409 Voltronic Power Technology Corp TPE:6409
96 GF Score
Price NT$998.00
GF Value NT$1,443.87
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Voltronic Power Technology Cyclically Adjusted PS Ratio?

Voltronic Power Technology TPE:6409 +0.91% 96 Cyclically Adjusted PS Ratio is 4.68 as of Jul. 23, 2026, which is 52% below its 10-year median of 9.77. GuruFocus rates TPE:6409 with a GF Score™ of 96/100 and a GF Value™ of NT$1,443.87 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,298 Industrial Products companies, Voltronic Power Technology ranks worse than 79.2% on this metric.

As of today (2026-07-23), Voltronic Power Technology's current share price is NT$998.00. Voltronic Power Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$213.31. Voltronic Power Technology's Cyclically Adjusted PS Ratio for today is 4.68.

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

TPE:6409' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.17   Med: 9.77   Max: 14.11
Current: 4.53

During the past years, Voltronic Power Technology's highest Cyclically Adjusted PS Ratio was 14.11. The lowest was 3.17. And the median was 9.77.

TPE:6409's Cyclically Adjusted PS Ratio is ranked worse than
79.2% of 2298 companies
in the Industrial Products industry
Industry Median: 1.745 vs TPE:6409: 4.53

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.

Voltronic Power Technology's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$47.850. 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$213.31 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Voltronic Power Technology  (TPE:6409) 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.


Voltronic Power Technology Cyclically Adjusted PS Ratio Related Terms


Voltronic Power Technology Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Voltronic Power 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.

Voltronic Power Technology Cyclically Adjusted PS Ratio Chart

Voltronic Power 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 12.09 10.03 9.97 9.69 4.67

Voltronic Power Technology 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 7.76 6.23 4.50 4.67 3.39

TPE:6409 vs VRT, BE: Cyclically Adjusted PS Ratio Comparison

For the Electrical Equipment & Parts subindustry, Voltronic Power 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.


Voltronic Power Technology Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Voltronic Power Technology's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TPE:6409
96GF Score
Voltronic Power Technology Corp TPE:6409
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Voltronic Power 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.

Voltronic Power Technology's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=998.00/213.31
=4.68

* 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.

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

For example, Voltronic Power Technology'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)
=47.85/330.2130*330.2130
=47.850

Current CPI (Mar. 2026) = 330.2130.

Voltronic Power Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 23.630 241.018 32.375
201609 23.919 241.428 32.715
201612 22.995 241.432 31.451
201703 25.403 243.801 34.407
201706 28.779 244.955 38.796
201709 29.541 246.819 39.522
201712 30.255 246.524 40.526
201803 29.024 249.554 38.405
201806 33.006 251.989 43.252
201809 35.178 252.439 46.016
201812 34.305 251.233 45.089
201903 32.855 254.202 42.679
201906 39.593 256.143 51.042
201909 38.183 256.759 49.106
201912 38.241 256.974 49.140
202003 29.263 258.115 37.437
202006 44.220 257.797 56.642
202009 41.566 260.280 52.734
202012 41.350 260.474 52.421
202103 39.608 264.877 49.378
202106 46.417 271.696 56.414
202109 51.721 274.310 62.261
202112 56.123 278.802 66.472
202203 48.881 287.504 56.142
202206 72.679 296.311 80.994
202209 73.297 296.808 81.546
202212 65.155 296.797 72.491
202303 53.580 301.836 58.617
202306 59.412 305.109 64.300
202309 50.969 307.789 54.682
202312 52.276 306.746 56.275
202403 52.447 312.332 55.450
202406 74.191 314.175 77.978
202409 76.339 315.301 79.949
202412 56.951 315.605 59.587
202503 56.884 319.799 58.736
202506 64.944 322.561 66.485
202509 58.985 324.800 59.968
202512 52.771 324.054 53.774
202603 47.850 330.213 47.850

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 4.68 mean?
Voltronic Power Technology (TPE:6409) has a Cyclically Adjusted PS Ratio of 4.68 as of Jul. 23, 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 Voltronic Power Technology and its competitors. This is 52% below median its historical median of 9.77. Over the past decade, Voltronic Power Technology's Cyclically Adjusted PS Ratio has ranged from 3.17 to 14.11. According to the industry distribution chart, Voltronic Power Technology ranks #1820 out of 2298 companies in the Industrial Products industry, placing it in the top 79.2%.
Is Voltronic Power Technology's Cyclically Adjusted PS Ratio too high?
Voltronic Power Technology's current Cyclically Adjusted PS Ratio of 4.68 is 52% below median its 10-year median of 9.77. Over the past 10 years, this metric has ranged from a low of 3.17 to a high of 14.11. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.75. Voltronic Power Technology's value of 4.68 is 168.2% above this industry median. Based on the distribution chart, Voltronic Power Technology ranks #1820 out of 2298 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Voltronic Power Technology has a GF Score™ of 96/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Voltronic Power Technology's Cyclically Adjusted PS Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Voltronic Power Technology ranks #1820 out of 2298 companies for Cyclically Adjusted PS Ratio. This places Voltronic Power Technology in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.75. Voltronic Power Technology's value of 4.68 is 168.2% above this benchmark. Historically, Voltronic Power Technology's own Cyclically Adjusted PS Ratio has ranged from 3.17 to 14.11 over the past decade. While the company's 10-year median is 9.77 vs. the industry median of 1.75, Voltronic Power Technology has consistently been above 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.75, based on 2,298 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. Voltronic Power Technology's current Cyclically Adjusted PS Ratio of 4.68 is 168.2% above 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 Voltronic Power Technology and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voltronic Power Technology's current Cyclically Adjusted PS Ratio is 4.68, which is 52% below median its own 10-year median of 9.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voltronic Power Technology stock overvalued right now?
Based on GuruFocus' analysis, Voltronic Power Technology (TPE:6409) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$1,443.87, compared to a current price of NT$998.00 — trading 30.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.68, which is 52% below median its 10-year median of 9.77 and 168.2% above the Industrial Products industry median of 1.75. Voltronic Power Technology's overall GF Score™ is 96/100 with 2 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 Voltronic Power Technology (TPE:6409), the current Cyclically Adjusted PS Ratio is 4.68 as of Jul. 23, 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 Voltronic Power Technology (TPE:6409) Overvalued in 2026?

Based on GuruFocus' analysis, Voltronic Power Technology stock appears to be undervalued. The current stock price of NT$998.00 is trading 30.9% below its estimated GF Value™ of NT$1,443.87. GuruFocus considers Voltronic Power Technology to be Significantly Undervalued.

Key valuation signals for TPE:6409:

  • Cyclically Adjusted PS Ratio: 4.68 (52% below median its 10-year median of 9.77)
  • GF Value™: NT$1,443.87 vs. price of NT$998.00 (30.9% below fair value)
  • GF Score™: 96/100 with 2 warning signs
  • Industry Position: 168.2% above the Industrial Products median (#1820 of 2298)

No single metric tells the full story. See the TPE:6409 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Voltronic Power Technology Business Description

Address No. 406, Xinhu 1st Road, Neihu District, Taipei, TWN
Voltronic Power Technology Corp mainly manufactures and sells power electronics products, including uninterruptible power supply systems and inverters. Its product portfolio also includes photovoltaic inverters, energy storage systems, variable frequency drives, and electric vehicle chargers.
96GF Score

Get the complete analysis for TPE:6409

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

NT$998.00
Price
NT$1,443.87
GF Value