Tat Seng Packaging Group (SGX:T12) Cyclically Adjusted PS Ratio: 0.42 (As of Sep. 14, 2026) — Near Median

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SGX:T12 Tat Seng Packaging Group Ltd SGX:T12
56 GF Score
Price S$0.92
GF Value S$0.72
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Tat Seng Packaging Group Cyclically Adjusted PS Ratio?

Tat Seng Packaging Group SGX:T12 -8.91% 56 Cyclically Adjusted PS Ratio is 0.42 as of Sep. 14, 2026, which is 8% above its 10-year median of 0.39. GuruFocus rates SGX:T12 with a GF Score™ of 56/100 and a GF Value™ of S$0.72 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 321 Packaging & Containers companies, Tat Seng Packaging Group ranks better than 68.54% on this metric.

As of today (2026-09-14), Tat Seng Packaging Group's current share price is S$0.92. Tat Seng Packaging Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was S$2.19. Tat Seng Packaging Group's Cyclically Adjusted PS Ratio for today is 0.42.

The historical rank and industry rank for Tat Seng Packaging Group's Cyclically Adjusted PS Ratio or its related term are showing as below:

SGX:T12' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.39   Max: 0.71
Current: 0.42

During the past 13 years, Tat Seng Packaging Group's highest Cyclically Adjusted PS Ratio was 0.71. The lowest was 0.18. And the median was 0.39.

SGX:T12's Cyclically Adjusted PS Ratio is ranked better than
68.54% of 321 companies
in the Packaging & Containers industry
Industry Median: 0.71 vs SGX:T12: 0.42

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.

Tat Seng Packaging Group's adjusted revenue per share data of for the fiscal year that ended in Dec25 was S$1.472. 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 S$2.19 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tat Seng Packaging Group  (SGX:T12) 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.


Tat Seng Packaging Group Cyclically Adjusted PS Ratio Related Terms


Tat Seng Packaging Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tat Seng Packaging Group'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.

Tat Seng Packaging Group Cyclically Adjusted PS Ratio Chart

Tat Seng Packaging Group 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 0.40 0.31 0.33 0.35 0.40

Tat Seng Packaging Group Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 0.00 0.35 0.00 0.40 0.00

SGX:T12 vs SW, AMCR, PKG: Cyclically Adjusted PS Ratio Comparison

For the Packaging & Containers subindustry, Tat Seng Packaging Group'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.


Tat Seng Packaging Group Cyclically Adjusted PS Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Tat Seng Packaging Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tat Seng Packaging Group's Cyclically Adjusted PS Ratio falls into.


SGX:T12
56GF Score
Tat Seng Packaging Group Ltd SGX:T12
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tat Seng Packaging Group 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.

Tat Seng Packaging Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.92/2.19
=0.42

* 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.

Tat Seng Packaging Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Tat Seng Packaging Group's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=1.472/324.0540*324.0540
=1.472

Current CPI (Dec25) = 324.0540.

Tat Seng Packaging Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 1.454 241.432 1.952
201712 1.927 246.524 2.533
201812 2.120 251.233 2.734
201912 1.836 256.974 2.315
202012 1.928 260.474 2.399
202112 2.338 278.802 2.717
202212 2.139 296.797 2.335
202312 1.647 306.746 1.740
202412 1.615 315.605 1.658
202512 1.472 324.054 1.472

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 0.42 mean?
Tat Seng Packaging Group (SGX:T12) has a Cyclically Adjusted PS Ratio of 0.42 as of Sep. 14, 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 Tat Seng Packaging Group and its competitors. This is near median its historical median of 0.39. Over the past decade, Tat Seng Packaging Group's Cyclically Adjusted PS Ratio has ranged from 0.18 to 0.71. According to the industry distribution chart, Tat Seng Packaging Group ranks #101 out of 321 companies in the Packaging & Containers industry, placing it in the top 31.5%.
Is Tat Seng Packaging Group's Cyclically Adjusted PS Ratio too high?
Tat Seng Packaging Group's current Cyclically Adjusted PS Ratio of 0.42 is near median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.71. The Packaging & Containers industry median Cyclically Adjusted PS Ratio is 0.71. Tat Seng Packaging Group's value of 0.42 is 40.8% below this industry median. Based on the distribution chart, Tat Seng Packaging Group ranks #101 out of 321 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Tat Seng Packaging Group has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tat Seng Packaging Group's Cyclically Adjusted PS Ratio compare to SW and AMCR?
According to the Packaging & Containers industry distribution chart, Tat Seng Packaging Group ranks #101 out of 321 companies for Cyclically Adjusted PS Ratio. This puts Tat Seng Packaging Group in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.71. Tat Seng Packaging Group's value of 0.42 is 40.8% below this benchmark. Historically, Tat Seng Packaging Group's own Cyclically Adjusted PS Ratio has ranged from 0.18 to 0.71 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 0.71, Tat Seng Packaging Group 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 Packaging & Containers company?
The median Cyclically Adjusted PS Ratio among Packaging & Containers companies is 0.71, based on 321 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. Tat Seng Packaging Group's current Cyclically Adjusted PS Ratio of 0.42 is 40.8% 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 Tat Seng Packaging Group and its competitors. For the Packaging & Containers industry, the median Cyclically Adjusted PS Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tat Seng Packaging Group's current Cyclically Adjusted PS Ratio is 0.42, which is near median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tat Seng Packaging Group stock overvalued right now?
Based on GuruFocus' analysis, Tat Seng Packaging Group (SGX:T12) is currently considered Modestly Overvalued. The stock's GF Value™ is S$0.72, compared to a current price of S$0.92 — trading 27.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.42, which is near median its 10-year median of 0.39 and 40.8% below the Packaging & Containers industry median of 0.71. Tat Seng Packaging Group's overall GF Score™ is 56/100 with 4 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 Tat Seng Packaging Group (SGX:T12), the current Cyclically Adjusted PS Ratio is 0.42 as of Sep. 14, 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 Tat Seng Packaging Group (SGX:T12) Overvalued in 2026?

Based on GuruFocus' analysis, Tat Seng Packaging Group stock appears to be overvalued. The current stock price of S$0.92 is trading 27.8% above its estimated GF Value™ of S$0.72. GuruFocus considers Tat Seng Packaging Group to be Modestly Overvalued.

Key valuation signals for SGX:T12:

  • Cyclically Adjusted PS Ratio: 0.42 (near median its 10-year median of 0.39)
  • GF Value™: S$0.72 vs. price of S$0.92 (27.8% above fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 40.8% below the Packaging & Containers median (#101 of 321)

No single metric tells the full story. See the SGX:T12 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tat Seng Packaging Group Business Description

Address 28 Senoko Drive, Singapore, SGP, 758214
Tat Seng Packaging Group Ltd is engaged in manufacturing and sales of corrugated paper products and other packaging products. The company designs, manufactures and sells corrugated paper packaging products for the packing of a diverse variety of items according to customers' specifications. Its key products include corrugated paper boards, corrugated paper cartons, die-cut boxes, assembly cartons and heavy duty corrugated paper products. It also carries and sells a range of other packaging related products. Its segments include Singapore and PRC with majority of the revenue deriving from PRC.
56GF Score

Get the complete analysis for SGX:T12

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

S$0.92
Price
S$0.72
GF Value