Lien Hwa Industrial Holding (TPE:1229) Cyclically Adjusted PS Ratio: 6.79 (As of Jul. 30, 2026) — 23% Below Median

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TPE:1229 Lien Hwa Industrial Holding Corp TPE:1229
87 GF Score
Price NT$40.90
GF Value NT$55.86
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Lien Hwa Industrial Holding Cyclically Adjusted PS Ratio?

Lien Hwa Industrial Holding TPE:1229 87 Cyclically Adjusted PS Ratio is 6.79 as of Jul. 30, 2026, which is 23% below its 10-year median of 8.84. GuruFocus rates TPE:1229 with a GF Score™ of 87/100 and a GF Value™ of NT$55.86 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 471 Conglomerates companies, Lien Hwa Industrial Holding ranks worse than 91.72% on this metric.

As of today (2026-07-30), Lien Hwa Industrial Holding's current share price is NT$40.90. Lien Hwa Industrial Holding's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$6.02. Lien Hwa Industrial Holding's Cyclically Adjusted PS Ratio for today is 6.79.

The historical rank and industry rank for Lien Hwa Industrial Holding's Cyclically Adjusted PS Ratio or its related term are showing as below:

TPE:1229' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.66   Med: 8.84   Max: 13.61
Current: 6.8

During the past years, Lien Hwa Industrial Holding's highest Cyclically Adjusted PS Ratio was 13.61. The lowest was 5.66. And the median was 8.84.

TPE:1229's Cyclically Adjusted PS Ratio is ranked worse than
91.72% of 471 companies
in the Conglomerates industry
Industry Median: 0.76 vs TPE:1229: 6.80

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.

Lien Hwa Industrial Holding's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$2.107. 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$6.02 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lien Hwa Industrial Holding  (TPE:1229) 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.


Lien Hwa Industrial Holding Cyclically Adjusted PS Ratio Related Terms


Lien Hwa Industrial Holding Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Lien Hwa Industrial Holding'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.

Lien Hwa Industrial Holding Cyclically Adjusted PS Ratio Chart

Lien Hwa Industrial Holding 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 11.88 8.86 11.37 8.55 7.75

Lien Hwa Industrial Holding 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 8.55 8.06 6.91 8.06 7.75

TPE:1229 vs MMM, HON: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, Lien Hwa Industrial Holding'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.


Lien Hwa Industrial Holding Cyclically Adjusted PS Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Lien Hwa Industrial Holding's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Lien Hwa Industrial Holding's Cyclically Adjusted PS Ratio falls into.


TPE:1229
87GF Score
Lien Hwa Industrial Holding Corp TPE:1229
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lien Hwa Industrial Holding 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.

Lien Hwa Industrial Holding's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=40.90/6.02
=6.79

* 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.

Lien Hwa Industrial Holding's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Lien Hwa Industrial Holding'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)
=2.107/324.0540*324.0540
=2.107

Current CPI (Dec. 2025) = 324.0540.

Lien Hwa Industrial Holding Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 0.715 238.132 0.973
201606 0.729 241.018 0.980
201609 0.716 241.428 0.961
201612 0.694 241.432 0.931
201703 0.622 243.801 0.827
201706 0.654 244.955 0.865
201709 0.665 246.819 0.873
201712 0.683 246.524 0.898
201803 0.668 249.554 0.867
201806 0.685 251.989 0.881
201809 0.698 252.439 0.896
201812 0.726 251.233 0.936
201903 0.674 254.202 0.859
201906 1.129 256.143 1.428
201909 1.499 256.759 1.892
201912 1.263 256.974 1.593
202003 1.124 258.115 1.411
202006 1.485 257.797 1.867
202009 1.276 260.280 1.589
202012 1.346 260.474 1.675
202103 1.221 264.877 1.494
202106 1.768 271.696 2.109
202109 1.411 274.310 1.667
202112 1.804 278.802 2.097
202203 1.424 287.504 1.605
202206 2.058 296.311 2.251
202209 1.441 296.808 1.573
202212 1.688 296.797 1.843
202303 1.574 301.836 1.690
202306 1.853 305.109 1.968
202309 1.525 307.789 1.606
202312 2.363 306.746 2.496
202403 1.672 312.332 1.735
202406 2.048 314.175 2.112
202409 1.519 315.301 1.561
202412 1.737 315.605 1.784
202503 1.330 319.799 1.348
202506 2.145 322.561 2.155
202509 1.763 324.800 1.759
202512 2.107 324.054 2.107

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 6.79 mean?
Lien Hwa Industrial Holding (TPE:1229) has a Cyclically Adjusted PS Ratio of 6.79 as of Jul. 30, 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 Lien Hwa Industrial Holding and its competitors. This is 23% below median its historical median of 8.84. Over the past decade, Lien Hwa Industrial Holding's Cyclically Adjusted PS Ratio has ranged from 5.66 to 13.61. According to the industry distribution chart, Lien Hwa Industrial Holding ranks #432 out of 471 companies in the Conglomerates industry, placing it in the top 91.7%.
Is Lien Hwa Industrial Holding's Cyclically Adjusted PS Ratio too high?
Lien Hwa Industrial Holding's current Cyclically Adjusted PS Ratio of 6.79 is 23% below median its 10-year median of 8.84. Over the past 10 years, this metric has ranged from a low of 5.66 to a high of 13.61. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.76. Lien Hwa Industrial Holding's value of 6.79 is 793.4% above this industry median. Based on the distribution chart, Lien Hwa Industrial Holding ranks #432 out of 471 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Lien Hwa Industrial Holding has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lien Hwa Industrial Holding's Cyclically Adjusted PS Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Lien Hwa Industrial Holding ranks #432 out of 471 companies for Cyclically Adjusted PS Ratio. This places Lien Hwa Industrial Holding in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.76. Lien Hwa Industrial Holding's value of 6.79 is 793.4% above this benchmark. Historically, Lien Hwa Industrial Holding's own Cyclically Adjusted PS Ratio has ranged from 5.66 to 13.61 over the past decade. While the company's 10-year median is 8.84 vs. the industry median of 0.76, Lien Hwa Industrial Holding has consistently been above 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 Conglomerates company?
The median Cyclically Adjusted PS Ratio among Conglomerates companies is 0.76, based on 471 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. Lien Hwa Industrial Holding's current Cyclically Adjusted PS Ratio of 6.79 is 793.4% above 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 Lien Hwa Industrial Holding and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PS Ratio is 0.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lien Hwa Industrial Holding's current Cyclically Adjusted PS Ratio is 6.79, which is 23% below median its own 10-year median of 8.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lien Hwa Industrial Holding stock overvalued right now?
Based on GuruFocus' analysis, Lien Hwa Industrial Holding (TPE:1229) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$55.86, compared to a current price of NT$40.90 — trading 26.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.79, which is 23% below median its 10-year median of 8.84 and 793.4% above the Conglomerates industry median of 0.76. Lien Hwa Industrial Holding's overall GF Score™ is 87/100 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 Lien Hwa Industrial Holding (TPE:1229), the current Cyclically Adjusted PS Ratio is 6.79 as of Jul. 30, 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 Lien Hwa Industrial Holding (TPE:1229) Overvalued in 2026?

Based on GuruFocus' analysis, Lien Hwa Industrial Holding stock appears to be undervalued. The current stock price of NT$40.90 is trading 26.8% below its estimated GF Value™ of NT$55.86. GuruFocus considers Lien Hwa Industrial Holding to be Modestly Undervalued.

Key valuation signals for TPE:1229:

  • Cyclically Adjusted PS Ratio: 6.79 (23% below median its 10-year median of 8.84)
  • GF Value™: NT$55.86 vs. price of NT$40.90 (26.8% below fair value)
  • GF Score™: 87/100 with 3 warning signs
  • Industry Position: 793.4% above the Conglomerates median (#432 of 471)

No single metric tells the full story. See the TPE:1229 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lien Hwa Industrial Holding Business Description

Address Nangang Road, 10 Floor, No. 209, Section 1, Nangang District, Taipei, TWN, 115
Lien Hwa Industrial Holding Corp is engaged in flour production, real estate rental, integrated system service, automatic system, and other electronic businesses. The company has four reportable segments. The rental business provides real property rental and development services. The Flour business manufactures and sells all kinds of Flour and processed foods. The system integration service business provides the system integration service, automatic system, applied software design and sale of industrial computer. The administrative resource center is responsible for the management of domestic/foreign investment business.
87GF Score

Get the complete analysis for TPE:1229

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

NT$40.90
Price
NT$55.86
GF Value