TNPOF (Ten Pao Group Holdings) Cyclically Adjusted PS Ratio: 0.47 (As of Aug. 08, 2026) — 27% Above Median

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TNPOF Ten Pao Group Holdings Ltd TNPOF
79 GF Score
Price $0.11
GF Value $0.11
! 4 Warning Signs
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What is Ten Pao Group Holdings Cyclically Adjusted PS Ratio?

Ten Pao Group Holdings TNPOF 79 Cyclically Adjusted PS Ratio is 0.47 as of Aug. 08, 2026, which is 27% above its 10-year median of 0.37. GuruFocus rates TNPOF with a GF Scoreâ„¢ of 79/100 and a GF Valueâ„¢ of $0.11. The stock has 4 warning signs investors should review. Among 2,293 Industrial Products companies, Ten Pao Group Holdings ranks better than 87.79% on this metric.

As of today (2026-08-08), Ten Pao Group Holdings's current share price is $0.112. Ten Pao Group Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was $0.24. Ten Pao Group Holdings's Cyclically Adjusted PS Ratio for today is 0.47.

The historical rank and industry rank for Ten Pao Group Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:

TNPOF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.37   Max: 0.64
Current: 0.35

During the past 12 years, Ten Pao Group Holdings's highest Cyclically Adjusted PS Ratio was 0.64. The lowest was 0.23. And the median was 0.37.

TNPOF's Cyclically Adjusted PS Ratio is ranked better than
87.79% of 2293 companies
in the Industrial Products industry
Industry Median: 1.71 vs TNPOF: 0.35

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.

Ten Pao Group Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec25 was $0.693. 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 $0.24 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ten Pao Group Holdings  (OTCPK:TNPOF) 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.


Ten Pao Group Holdings Cyclically Adjusted PS Ratio Related Terms


Ten Pao Group Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ten Pao Group Holdings'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.

Ten Pao Group Holdings Cyclically Adjusted PS Ratio Chart

Ten Pao Group Holdings 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 0.25 0.34 0.46

Ten Pao Group Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 0.25 0.00 0.34 0.00 0.46

TNPOF vs VRT, BE: Cyclically Adjusted PS Ratio Comparison

For the Electrical Equipment & Parts subindustry, Ten Pao Group Holdings'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.


Ten Pao Group Holdings Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ten Pao Group Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ten Pao Group Holdings's Cyclically Adjusted PS Ratio falls into.


TNPOF
79GF Score
Ten Pao Group Holdings Ltd TNPOF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ten Pao Group Holdings 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.

Ten Pao Group Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.112/0.24
=0.47

* 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.

Ten Pao Group Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Ten Pao Group Holdings'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)
=0.693/120.7036*120.7036
=0.693

Current CPI (Dec25) = 120.7036.

Ten Pao Group Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.333 103.225 0.389
201712 0.385 104.984 0.443
201812 0.409 107.622 0.459
201912 0.466 110.700 0.508
202012 0.579 109.711 0.637
202112 0.815 112.349 0.876
202212 0.696 114.548 0.733
202312 0.599 117.296 0.616
202412 0.672 118.945 0.682
202512 0.693 120.704 0.693

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 0.47 mean?
Ten Pao Group Holdings (TNPOF) has a Cyclically Adjusted PS Ratio of 0.47 as of Aug. 08, 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 Ten Pao Group Holdings and its competitors. This is 27% above median its historical median of 0.37. Over the past decade, Ten Pao Group Holdings' Cyclically Adjusted PS Ratio has ranged from 0.23 to 0.64. According to the industry distribution chart, Ten Pao Group Holdings ranks #280 out of 2293 companies in the Industrial Products industry, placing it in the top 12.2%.
Is Ten Pao Group Holdings' Cyclically Adjusted PS Ratio too high?
Ten Pao Group Holdings' current Cyclically Adjusted PS Ratio of 0.47 is 27% above median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 0.64. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.71. Ten Pao Group Holdings' value of 0.47 is 72.5% below this industry median. Based on the distribution chart, Ten Pao Group Holdings ranks #280 out of 2293 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Ten Pao Group Holdings has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Ten Pao Group Holdings' Cyclically Adjusted PS Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ten Pao Group Holdings ranks #280 out of 2293 companies for Cyclically Adjusted PS Ratio. This places Ten Pao Group Holdings in the top 12% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.71. Ten Pao Group Holdings' value of 0.47 is 72.5% below this benchmark. Historically, Ten Pao Group Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.23 to 0.64 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 1.71, Ten Pao Group Holdings 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.71, based on 2,293 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. Ten Pao Group Holdings's current Cyclically Adjusted PS Ratio of 0.47 is 72.5% 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 Ten Pao Group Holdings and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ten Pao Group Holdings's current Cyclically Adjusted PS Ratio is 0.47, which is 27% above median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ten Pao Group Holdings stock overvalued right now?
Ten Pao Group Holdings (TNPOF) has a current Cyclically Adjusted PS Ratio of 0.47. The stock's GF Value™ is $0.11, compared to a current price of $0.11 — trading 1.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.47, which is 27% above median its 10-year median of 0.37 and 72.5% below the Industrial Products industry median of 1.71. Ten Pao Group Holdings' overall GF Score™ is 79/100 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 Ten Pao Group Holdings (TNPOF), the current Cyclically Adjusted PS Ratio is 0.47 as of Aug. 08, 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 Ten Pao Group Holdings (TNPOF) Overvalued in 2026?

Based on GuruFocus' analysis, Ten Pao Group Holdings stock appears to be overvalued. The current stock price of $0.11 is trading 1.8% above its estimated GF Value™ of $0.11.

Key valuation signals for TNPOF:

  • Cyclically Adjusted PS Ratio: 0.47 (27% above median its 10-year median of 0.37)
  • GF Value™: $0.11 vs. price of $0.11 (1.8% above fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 72.5% below the Industrial Products median (#280 of 2293)

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


Ten Pao Group Holdings Business Description

Other Exchanges 01979:Hong Kong
Address 151-153 Hoi Bun Road, Rooms 610-612, 6th Floor, Kwong Sang Hong Centre, Kwun Tong, Kowloon, Hong Kong, HKG
Ten Pao Group Holdings Ltd is an investment holding company. It is engaged in the sales and manufacturing of switching power supply units for consumer products and smart chargers and controllers for industrial use. The operating segments of the company are Telecommunication, Media and Entertainment, Lighting, Smart chargers and controllers, New Energy Business, and others. Some of its products are USB chargers, wireless chargers, adapters, open-frame power supplies, LED drivers, smart chargers and controllers, and power savers. Geographically, the group has a business presence in the PRC (excluding Hong Kong), Europe, Asia, the U.S., Africa, and Other regions, of which prime revenue is derived from the PRC (excluding Hong Kong).
79GF Score

Get the complete analysis for TNPOF

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

$0.11
Price
$0.11
GF Value