Inventec Besta Co (TPE:8201) Cyclically Adjusted PS Ratio: 0.74 (As of Jul. 23, 2026) — 10% Above Median

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.
Reviewed by: Charlie Tian Charlie Tian
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:8201 Inventec Besta Co Ltd TPE:8201
70 GF Score
Price NT$12.15
GF Value NT$14.99
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Inventec Besta Co Cyclically Adjusted PS Ratio?

Inventec Besta Co TPE:8201 +0.41% 70 Cyclically Adjusted PS Ratio is 0.74 as of Jul. 23, 2026, which is 10% above its 10-year median of 0.67. GuruFocus rates TPE:8201 with a GF Score™ of 70/100 and a GF Value™ of NT$14.99 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,976 Hardware companies, Inventec Besta Co ranks better than 64.73% on this metric.

As of today (2026-07-23), Inventec Besta Co's current share price is NT$12.15. Inventec Besta Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$16.43. Inventec Besta Co's Cyclically Adjusted PS Ratio for today is 0.74.

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

TPE:8201' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.67   Max: 1.2
Current: 0.75

During the past years, Inventec Besta Co's highest Cyclically Adjusted PS Ratio was 1.20. The lowest was 0.25. And the median was 0.67.

TPE:8201's Cyclically Adjusted PS Ratio is ranked better than
64.73% of 1976 companies
in the Hardware industry
Industry Median: 1.37 vs TPE:8201: 0.75

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.

Inventec Besta Co's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$2.129. 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$16.43 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Inventec Besta Co  (TPE:8201) 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.


Inventec Besta Co Cyclically Adjusted PS Ratio Related Terms


Inventec Besta Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Inventec Besta Co'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.

Inventec Besta Co Cyclically Adjusted PS Ratio Chart

Inventec Besta Co 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 0.78 0.47 0.94 0.93 0.82

Inventec Besta Co 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 0.93 0.74 0.63 0.96 0.82

TPE:8201 vs AAPL: Cyclically Adjusted PS Ratio Comparison

For the Consumer Electronics subindustry, Inventec Besta Co'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.


Inventec Besta Co Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TPE:8201
70GF Score
Inventec Besta Co Ltd TPE:8201
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Inventec Besta Co 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.

Inventec Besta Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.15/16.43
=0.74

* 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.

Inventec Besta Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Inventec Besta Co'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)
=2.129/324.0540*324.0540
=2.129

Current CPI (Dec. 2025) = 324.0540.

Inventec Besta Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 1.129 238.132 1.536
201606 2.286 241.018 3.074
201609 3.756 241.428 5.041
201612 2.134 241.432 2.864
201703 6.188 243.801 8.225
201706 3.811 244.955 5.042
201709 4.600 246.819 6.039
201712 4.398 246.524 5.781
201803 7.347 249.554 9.540
201806 3.745 251.989 4.816
201809 4.612 252.439 5.920
201812 8.479 251.233 10.937
201903 5.601 254.202 7.140
201906 5.007 256.143 6.335
201909 3.917 256.759 4.944
201912 4.740 256.974 5.977
202003 4.588 258.115 5.760
202006 3.810 257.797 4.789
202009 3.424 260.280 4.263
202012 5.272 260.474 6.559
202103 3.457 264.877 4.229
202106 3.867 271.696 4.612
202109 2.502 274.310 2.956
202112 2.864 278.802 3.329
202203 2.803 287.504 3.159
202206 2.849 296.311 3.116
202209 2.221 296.808 2.425
202212 1.801 296.797 1.966
202303 2.445 301.836 2.625
202306 2.501 305.109 2.656
202309 1.838 307.789 1.935
202312 1.484 306.746 1.568
202403 1.654 312.332 1.716
202406 2.281 314.175 2.353
202409 1.905 315.301 1.958
202412 1.612 315.605 1.655
202503 1.838 319.799 1.862
202506 1.910 322.561 1.919
202509 1.536 324.800 1.532
202512 2.129 324.054 2.129

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 0.74 mean?
Inventec Besta Co (TPE:8201) has a Cyclically Adjusted PS Ratio of 0.74 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 Inventec Besta Co and its competitors. This is 10% above median its historical median of 0.67. Over the past decade, Inventec Besta Co's Cyclically Adjusted PS Ratio has ranged from 0.25 to 1.20. According to the industry distribution chart, Inventec Besta Co ranks #697 out of 1976 companies in the Hardware industry, placing it in the top 35.3%.
Is Inventec Besta Co's Cyclically Adjusted PS Ratio too high?
Inventec Besta Co's current Cyclically Adjusted PS Ratio of 0.74 is 10% above median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 1.20. The Hardware industry median Cyclically Adjusted PS Ratio is 1.37. Inventec Besta Co's value of 0.74 is 46% below this industry median. Based on the distribution chart, Inventec Besta Co ranks #697 out of 1976 companies in the Hardware industry, which is above the industry midpoint. Overall, Inventec Besta Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Inventec Besta Co's Cyclically Adjusted PS Ratio compare to AAPL?
According to the Hardware industry distribution chart, Inventec Besta Co ranks #697 out of 1976 companies for Cyclically Adjusted PS Ratio. This puts Inventec Besta Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.37. Inventec Besta Co's value of 0.74 is 46% below this benchmark. Historically, Inventec Besta Co's own Cyclically Adjusted PS Ratio has ranged from 0.25 to 1.20 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 1.37, Inventec Besta Co 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. Inventec Besta Co's current Cyclically Adjusted PS Ratio of 0.74 is 46% 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 Inventec Besta Co 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. Inventec Besta Co's current Cyclically Adjusted PS Ratio is 0.74, which is 10% above median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inventec Besta Co stock overvalued right now?
Based on GuruFocus' analysis, Inventec Besta Co (TPE:8201) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$14.99, compared to a current price of NT$12.15 — trading 18.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.74, which is 10% above median its 10-year median of 0.67 and 46% below the Hardware industry median of 1.37. Inventec Besta Co's overall GF Score™ is 70/100 with 3 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 Inventec Besta Co (TPE:8201), the current Cyclically Adjusted PS Ratio is 0.74 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 Inventec Besta Co (TPE:8201) Overvalued in 2026?

Based on GuruFocus' analysis, Inventec Besta Co stock appears to be undervalued. The current stock price of NT$12.15 is trading 18.9% below its estimated GF Value™ of NT$14.99. GuruFocus considers Inventec Besta Co to be Modestly Undervalued.

Key valuation signals for TPE:8201:

  • Cyclically Adjusted PS Ratio: 0.74 (10% above median its 10-year median of 0.67)
  • GF Value™: NT$14.99 vs. price of NT$12.15 (18.9% below fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 46% below the Hardware median (#697 of 1976)

No single metric tells the full story. See the TPE:8201 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Inventec Besta Co Business Description

Address No. 13, Section.2, Beitou Road, 4th Floor-1, Beitou District, Taipei, TWN, 114
Inventec Besta Co Ltd is engaged in the business of manufacturing and distributing electronic dictionaries and related digital products. The company offers electronic dictionaries, digital commodities, music players, electronic books, and other products. The company markets its products in Taiwan, Czech Republic, Japan, China, Singapore, Kore, and other countries.
70GF Score

Get the complete analysis for TPE:8201

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

NT$12.15
Price
NT$14.99
GF Value