Ten Ren Tea Co (TPE:1233) Cyclically Adjusted PS Ratio: 1.07 (As of Jul. 28, 2026) — 16% Below Median

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TPE:1233 Ten Ren Tea Co Ltd TPE:1233
70 GF Score
Price NT$29.05
GF Value NT$34.64
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Ten Ren Tea Co Cyclically Adjusted PS Ratio?

Ten Ren Tea Co TPE:1233 70 Cyclically Adjusted PS Ratio is 1.07 as of Jul. 28, 2026, which is 16% below its 10-year median of 1.27. GuruFocus rates TPE:1233 with a GF Score™ of 70/100 and a GF Value™ of NT$34.64 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,450 Consumer Packaged Goods companies, Ten Ren Tea Co ranks worse than 60.83% on this metric.

As of today (2026-07-28), Ten Ren Tea Co's current share price is NT$29.05. Ten Ren Tea Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$27.05. Ten Ren Tea Co's Cyclically Adjusted PS Ratio for today is 1.07.

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

TPE:1233' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.02   Med: 1.27   Max: 1.58
Current: 1.08

During the past years, Ten Ren Tea Co's highest Cyclically Adjusted PS Ratio was 1.58. The lowest was 1.02. And the median was 1.27.

TPE:1233's Cyclically Adjusted PS Ratio is ranked worse than
60.83% of 1450 companies
in the Consumer Packaged Goods industry
Industry Median: 0.75 vs TPE:1233: 1.08

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 Ren Tea Co's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$6.190. 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$27.05 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ten Ren Tea Co  (TPE:1233) 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 Ren Tea Co Cyclically Adjusted PS Ratio Related Terms


Ten Ren Tea Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ten Ren Tea 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.

Ten Ren Tea Co Cyclically Adjusted PS Ratio Chart

Ten Ren Tea 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 1.33 1.21 1.29 1.11 1.19

Ten Ren Tea 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 1.11 1.27 1.15 1.12 1.19

TPE:1233 vs KHC, GIS: Cyclically Adjusted PS Ratio Comparison

For the Packaged Foods subindustry, Ten Ren Tea 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.


Ten Ren Tea Co Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ten Ren Tea Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ten Ren Tea Co's Cyclically Adjusted PS Ratio falls into.


TPE:1233
70GF Score
Ten Ren Tea Co Ltd TPE:1233
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ten Ren Tea 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.

Ten Ren Tea Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=29.05/27.05
=1.07

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

For example, Ten Ren Tea 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)
=6.19/324.0540*324.0540
=6.190

Current CPI (Dec. 2025) = 324.0540.

Ten Ren Tea Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 6.160 238.132 8.383
201606 5.720 241.018 7.691
201609 5.699 241.428 7.649
201612 5.981 241.432 8.028
201703 6.031 243.801 8.016
201706 5.605 244.955 7.415
201709 5.918 246.819 7.770
201712 5.904 246.524 7.761
201803 6.106 249.554 7.929
201806 5.869 251.989 7.547
201809 6.168 252.439 7.918
201812 5.992 251.233 7.729
201903 6.208 254.202 7.914
201906 5.948 256.143 7.525
201909 6.303 256.759 7.955
201912 6.362 256.974 8.023
202003 5.341 258.115 6.705
202006 4.700 257.797 5.908
202009 5.624 260.280 7.002
202012 5.572 260.474 6.932
202103 5.283 264.877 6.463
202106 4.198 271.696 5.007
202109 4.729 274.310 5.587
202112 5.411 278.802 6.289
202203 4.986 287.504 5.620
202206 4.066 296.311 4.447
202209 4.863 296.808 5.309
202212 5.763 296.797 6.292
202303 5.714 301.836 6.135
202306 5.552 305.109 5.897
202309 6.016 307.789 6.334
202312 6.076 306.746 6.419
202403 6.312 312.332 6.549
202406 5.797 314.175 5.979
202409 6.034 315.301 6.202
202412 6.192 315.605 6.358
202503 6.044 319.799 6.124
202506 5.645 322.561 5.671
202509 5.813 324.800 5.800
202512 6.190 324.054 6.190

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 1.07 mean?
Ten Ren Tea Co (TPE:1233) has a Cyclically Adjusted PS Ratio of 1.07 as of Jul. 28, 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 Ren Tea Co and its competitors. This is 16% below median its historical median of 1.27. Over the past decade, Ten Ren Tea Co's Cyclically Adjusted PS Ratio has ranged from 1.02 to 1.58. According to the industry distribution chart, Ten Ren Tea Co ranks #882 out of 1450 companies in the Consumer Packaged Goods industry, placing it in the top 60.8%.
Is Ten Ren Tea Co's Cyclically Adjusted PS Ratio too high?
Ten Ren Tea Co's current Cyclically Adjusted PS Ratio of 1.07 is 16% below median its 10-year median of 1.27. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 1.58. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.75. Ten Ren Tea Co's value of 1.07 is 42.7% above this industry median. Based on the distribution chart, Ten Ren Tea Co ranks #882 out of 1450 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Ten Ren Tea 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 Ten Ren Tea Co's Cyclically Adjusted PS Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Ten Ren Tea Co ranks #882 out of 1450 companies for Cyclically Adjusted PS Ratio. This places Ten Ren Tea Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.75. Ten Ren Tea Co's value of 1.07 is 42.7% above this benchmark. Historically, Ten Ren Tea Co's own Cyclically Adjusted PS Ratio has ranged from 1.02 to 1.58 over the past decade. While the company's 10-year median is 1.27 vs. the industry median of 0.75, Ten Ren Tea Co 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.75, based on 1,450 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 Ren Tea Co's current Cyclically Adjusted PS Ratio of 1.07 is 42.7% 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 Ten Ren Tea Co and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ten Ren Tea Co's current Cyclically Adjusted PS Ratio is 1.07, which is 16% below median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ten Ren Tea Co stock overvalued right now?
Based on GuruFocus' analysis, Ten Ren Tea Co (TPE:1233) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$34.64, compared to a current price of NT$29.05 — trading 16.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.07, which is 16% below median its 10-year median of 1.27 and 42.7% above the Consumer Packaged Goods industry median of 0.75. Ten Ren Tea Co's overall GF Score™ is 70/100 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 Ren Tea Co (TPE:1233), the current Cyclically Adjusted PS Ratio is 1.07 as of Jul. 28, 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 Ren Tea Co (TPE:1233) Overvalued in 2026?

Based on GuruFocus' analysis, Ten Ren Tea Co stock appears to be undervalued. The current stock price of NT$29.05 is trading 16.1% below its estimated GF Value™ of NT$34.64. GuruFocus considers Ten Ren Tea Co to be Modestly Undervalued.

Key valuation signals for TPE:1233:

  • Cyclically Adjusted PS Ratio: 1.07 (16% below median its 10-year median of 1.27)
  • GF Value™: NT$34.64 vs. price of NT$29.05 (16.1% below fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 42.7% above the Consumer Packaged Goods median (#882 of 1450)

No single metric tells the full story. See the TPE:1233 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ten Ren Tea Co Business Description

Address Zhongxiao East Road, No. 107, Sec 4, Da’an District, Taipei, TWN
Ten Ren Tea Co Ltd is engaged in the manufacture and sale of tea, tea sets, and beverages. The company markets spiced tea, herbal tea, tea bags, aged tea, cold brew, tea gift sets, green tgea, as well as teapots and cups. The segments of the company are Tea segment responsible for tea production and sales; and Food and beverage segment engaged in providing catering services. Geographically, the company derives maximum revenue from Taiwan.
70GF Score

Get the complete analysis for TPE:1233

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

NT$29.05
Price
NT$34.64
GF Value