Sun Max Tech (TPE:6591) Cyclically Adjusted PS Ratio: 0.80 (As of Jul. 22, 2026) — 30% Below Median

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TPE:6591 Sun Max Tech Ltd TPE:6591
82 GF Score
Price NT$45.00
GF Value NT$63.25
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Sun Max Tech Cyclically Adjusted PS Ratio?

Sun Max Tech TPE:6591 +2.04% 82 Cyclically Adjusted PS Ratio is 0.80 as of Jul. 22, 2026, which is 30% below its 10-year median of 1.15. GuruFocus rates TPE:6591 with a GF Score™ of 82/100 and a GF Value™ of NT$63.25 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,976 Hardware companies, Sun Max Tech ranks better than 64.52% on this metric.

As of today (2026-07-22), Sun Max Tech's current share price is NT$45.00. Sun Max Tech's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$56.28. Sun Max Tech's Cyclically Adjusted PS Ratio for today is 0.80.

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

TPE:6591' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.15   Max: 1.47
Current: 0.77

During the past years, Sun Max Tech's highest Cyclically Adjusted PS Ratio was 1.47. The lowest was 0.77. And the median was 1.15.

TPE:6591's Cyclically Adjusted PS Ratio is ranked better than
64.52% of 1976 companies
in the Hardware industry
Industry Median: 1.37 vs TPE:6591: 0.77

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.

Sun Max Tech's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$7.091. 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$56.28 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sun Max Tech  (TPE:6591) 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.


Sun Max Tech Cyclically Adjusted PS Ratio Related Terms


Sun Max Tech Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sun Max Tech'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.

Sun Max Tech Cyclically Adjusted PS Ratio Chart

Sun Max Tech 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 0.00 0.00 0.00 0.00 1.34

Sun Max Tech Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.00 0.00 0.00 1.43 1.34

TPE:6591 vs SNDK, DELL, STX: Cyclically Adjusted PS Ratio Comparison

For the Computer Hardware subindustry, Sun Max Tech'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.


Sun Max Tech Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TPE:6591
82GF Score
Sun Max Tech Ltd TPE:6591
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sun Max Tech 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.

Sun Max Tech's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=45.00/56.28
=0.80

* 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.

Sun Max Tech's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Sun Max Tech's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=7.091/324.0540*324.0540
=7.091

Current CPI (Dec. 2025) = 324.0540.

Sun Max Tech Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 0.000 236.525 0.000
201606 0.000 241.018 0.000
201609 21.657 241.428 29.069
201612 17.995 241.432 24.153
201703 10.799 243.801 14.354
201706 12.072 244.955 15.970
201709 17.809 246.819 23.382
201712 20.246 246.524 26.613
201803 16.966 249.554 22.031
201806 11.647 251.989 14.978
201809 9.990 252.439 12.824
201812 10.846 251.233 13.990
201903 10.300 254.202 13.130
201906 7.771 256.143 9.831
201909 11.945 256.759 15.076
201912 12.414 256.974 15.655
202003 8.271 258.115 10.384
202006 12.901 257.797 16.217
202009 14.337 260.280 17.850
202012 13.450 260.474 16.733
202103 12.980 264.877 15.880
202106 13.630 271.696 16.257
202109 11.195 274.310 13.225
202112 13.604 278.802 15.812
202203 18.124 287.504 20.428
202206 10.034 296.311 10.973
202209 7.162 296.808 7.819
202212 9.826 296.797 10.728
202303 7.530 301.836 8.084
202306 7.789 305.109 8.273
202309 9.741 307.789 10.256
202312 8.669 306.746 9.158
202403 7.789 312.332 8.081
202406 8.407 314.175 8.671
202409 9.194 315.301 9.449
202412 7.072 315.605 7.261
202503 10.991 319.799 11.137
202506 12.435 322.561 12.493
202509 11.364 324.800 11.338
202512 7.091 324.054 7.091

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 0.80 mean?
Sun Max Tech (TPE:6591) has a Cyclically Adjusted PS Ratio of 0.80 as of Jul. 22, 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 Sun Max Tech and its competitors. This is 30% below median its historical median of 1.15. Over the past decade, Sun Max Tech's Cyclically Adjusted PS Ratio has ranged from 0.77 to 1.47. According to the industry distribution chart, Sun Max Tech ranks #701 out of 1976 companies in the Hardware industry, placing it in the top 35.5%.
Is Sun Max Tech's Cyclically Adjusted PS Ratio too high?
Sun Max Tech's current Cyclically Adjusted PS Ratio of 0.80 is 30% below median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 1.47. The Hardware industry median Cyclically Adjusted PS Ratio is 1.37. Sun Max Tech's value of 0.80 is 41.6% below this industry median. Based on the distribution chart, Sun Max Tech ranks #701 out of 1976 companies in the Hardware industry, which is above the industry midpoint. Overall, Sun Max Tech has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sun Max Tech's Cyclically Adjusted PS Ratio compare to SNDK and DELL?
According to the Hardware industry distribution chart, Sun Max Tech ranks #701 out of 1976 companies for Cyclically Adjusted PS Ratio. This puts Sun Max Tech in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.37. Sun Max Tech's value of 0.80 is 41.6% below this benchmark. Historically, Sun Max Tech's own Cyclically Adjusted PS Ratio has ranged from 0.77 to 1.47 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 1.37, Sun Max Tech 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.37, based on 1,976 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. Sun Max Tech's current Cyclically Adjusted PS Ratio of 0.80 is 41.6% 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 Sun Max Tech and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sun Max Tech's current Cyclically Adjusted PS Ratio is 0.80, which is 30% below median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun Max Tech stock overvalued right now?
Based on GuruFocus' analysis, Sun Max Tech (TPE:6591) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$63.25, compared to a current price of NT$45.00 — trading 28.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.80, which is 30% below median its 10-year median of 1.15 and 41.6% below the Hardware industry median of 1.37. Sun Max Tech's overall GF Score™ is 82/100 with 7 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 Sun Max Tech (TPE:6591), the current Cyclically Adjusted PS Ratio is 0.80 as of Jul. 22, 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 Sun Max Tech (TPE:6591) Overvalued in 2026?

Based on GuruFocus' analysis, Sun Max Tech stock appears to be undervalued. The current stock price of NT$45.00 is trading 28.9% below its estimated GF Value™ of NT$63.25. GuruFocus considers Sun Max Tech to be Modestly Undervalued.

Key valuation signals for TPE:6591:

  • Cyclically Adjusted PS Ratio: 0.80 (30% below median its 10-year median of 1.15)
  • GF Value™: NT$63.25 vs. price of NT$45.00 (28.9% below fair value)
  • GF Score™: 82/100 with 7 warning signs
  • Industry Position: 41.6% below the Hardware median (#701 of 1976)

No single metric tells the full story. See the TPE:6591 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sun Max Tech Business Description

Address Jian 1st Road, 9th Floor & 9th Floor-1, No. 166, Zhonghe District, New Taipei, TWN, 23511
Sun Max Tech Ltd is engaged in the research and development, production, and sales of DC brushless cooling fans, liquid cooling pumps, and other computer-related accessories in Taiwan. Its products are mainly used for personal computers (PC), communications networks, and Industrial control. The company generates maximum revenue from a Cooling fan. Geographically, it derives a majority of its revenue from China and also has a presence in Taiwan and other countries.
82GF Score

Get the complete analysis for TPE:6591

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

NT$45.00
Price
NT$63.25
GF Value