BenQ Materials (TPE:8215) Cyclically Adjusted PS Ratio: (As of Aug. 17, 2026)

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:8215 BenQ Materials Corp TPE:8215
75 GF Score
Price NT$24.60
GF Value NT$31.88
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is BenQ Materials Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


BenQ Materials  (TPE:8215) 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.


BenQ Materials Cyclically Adjusted PS Ratio Related Terms


BenQ Materials Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for BenQ Materials'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.

BenQ Materials Cyclically Adjusted PS Ratio Chart

BenQ Materials 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 0.74 0.60 0.65 0.56 0.35

BenQ Materials 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 0.43 0.44 0.35 0.39 0.00

TPE:8215 vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, BenQ Materials'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.


BenQ Materials Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TPE:8215
75GF Score
BenQ Materials Corp TPE:8215
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BenQ Materials 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.

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

For example, BenQ Materials'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)
=15.461/333.9520*333.9520
=15.461

Current CPI (Jun. 2026) = 333.9520.

BenQ Materials Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 10.031 241.428 13.875
201612 10.023 241.432 13.864
201703 9.563 243.801 13.099
201706 8.234 244.955 11.226
201709 8.566 246.819 11.590
201712 7.998 246.524 10.834
201803 9.209 249.554 12.323
201806 8.910 251.989 11.808
201809 10.341 252.439 13.680
201812 10.480 251.233 13.931
201903 10.533 254.202 13.837
201906 11.399 256.143 14.862
201909 10.794 256.759 14.039
201912 10.403 256.974 13.519
202003 10.690 258.115 13.831
202006 11.611 257.797 15.041
202009 11.846 260.280 15.199
202012 12.518 260.474 16.049
202103 12.639 264.877 15.935
202106 13.243 271.696 16.277
202109 12.534 274.310 15.259
202112 12.484 278.802 14.953
202203 12.852 287.504 14.928
202206 12.725 296.311 14.341
202209 11.199 296.808 12.600
202212 11.091 296.797 12.479
202303 12.572 301.836 13.910
202306 14.506 305.109 15.877
202309 14.287 307.789 15.501
202312 11.860 306.746 12.912
202403 14.281 312.332 15.270
202406 14.326 314.175 15.228
202409 14.125 315.301 14.961
202412 15.339 315.605 16.231
202503 14.251 319.799 14.882
202506 13.782 322.561 14.269
202509 14.330 324.800 14.734
202512 13.495 324.054 13.907
202603 14.177 330.213 14.338
202606 15.461 333.952 15.461

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 BenQ Materials (TPE:8215) Overvalued in 2026?

Based on GuruFocus' analysis, BenQ Materials stock appears to be undervalued. The current stock price of NT$24.60 is trading 22.8% below its estimated GF Value™ of NT$31.88. GuruFocus considers BenQ Materials to be Modestly Undervalued.

Key valuation signals for TPE:8215:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: NT$31.88 vs. price of NT$24.60 (22.8% below fair value)
  • GF Score™: 75/100 with 8 warning signs

No single metric tells the full story. See the TPE:8215 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BenQ Materials Business Description

Address 29 Jianguo East Road, Gueishan District, Taoyuan, TWN, 333403
BenQ Materials Corp is engaged in the manufacturing and sales of film sheet products and medical equipment. Its products include polarizer films; optical films for touch panels; E-paper, industrial tapes; and smart optical films, healthcare products, including hydrocolloid dressings for moist wound management and silicone gels. The company's segments include: The film sheet segment is mainly engaged in the sales, manufacturing and research, and development of various electronic chemical membrane products; and The medical segment is involved in the sales, manufacturing, and research and development of various medical-related products. Geographically, it operates in China, which derives maximum revenue; Taiwan; Japan; United States; and Others.
75GF Score

Get the complete analysis for TPE:8215

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

NT$24.60
Price
NT$31.88
GF Value