Tong Yang Industry Co (TPE:1319) Cyclically Adjusted PS Ratio: 1.56 (As of Aug. 01, 2026) — 31% Above Median

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TPE:1319 Tong Yang Industry Co Ltd TPE:1319
90 GF Score
Price NT$71.20
GF Value NT$92.13
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Tong Yang Industry Co Cyclically Adjusted PS Ratio?

Tong Yang Industry Co TPE:1319 -0.28% 90 Cyclically Adjusted PS Ratio is 1.56 as of Aug. 01, 2026, which is 31% above its 10-year median of 1.19. GuruFocus rates TPE:1319 with a GF Score™ of 90/100 and a GF Value™ of NT$92.13 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,043 Vehicles & Parts companies, Tong Yang Industry Co ranks worse than 71.52% on this metric.

As of today (2026-08-01), Tong Yang Industry Co's current share price is NT$71.20. Tong Yang Industry Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$45.52. Tong Yang Industry Co's Cyclically Adjusted PS Ratio for today is 1.56.

The historical rank and industry rank for Tong Yang Industry Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

TPE:1319' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.19   Max: 3.15
Current: 1.58

During the past years, Tong Yang Industry Co's highest Cyclically Adjusted PS Ratio was 3.15. The lowest was 0.75. And the median was 1.19.

TPE:1319's Cyclically Adjusted PS Ratio is ranked worse than
71.52% of 1043 companies
in the Vehicles & Parts industry
Industry Median: 0.72 vs TPE:1319: 1.58

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.

Tong Yang Industry Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$9.519. 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$45.52 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tong Yang Industry Co  (TPE:1319) 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.


Tong Yang Industry Co Cyclically Adjusted PS Ratio Related Terms


Tong Yang Industry Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tong Yang Industry 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.

Tong Yang Industry Co Cyclically Adjusted PS Ratio Chart

Tong Yang Industry 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 0.83 1.01 1.74 2.50 2.15

Tong Yang Industry Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.83 2.16 2.05 2.15 1.77

TPE:1319 vs ORLY, AZO: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, Tong Yang Industry 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.


Tong Yang Industry Co Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tong Yang Industry Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tong Yang Industry Co's Cyclically Adjusted PS Ratio falls into.


TPE:1319
90GF Score
Tong Yang Industry Co Ltd TPE:1319
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tong Yang Industry 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.

Tong Yang Industry Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=71.20/45.52
=1.56

* 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.

Tong Yang Industry Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Tong Yang Industry Co's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=9.519/330.2130*330.2130
=9.519

Current CPI (Mar. 2026) = 330.2130.

Tong Yang Industry Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 9.893 241.018 13.554
201609 9.838 241.428 13.456
201612 11.120 241.432 15.209
201703 10.141 243.801 13.735
201706 10.132 244.955 13.659
201709 10.172 246.819 13.609
201712 10.928 246.524 14.638
201803 10.558 249.554 13.970
201806 9.816 251.989 12.863
201809 9.073 252.439 11.868
201812 9.397 251.233 12.351
201903 8.977 254.202 11.661
201906 8.930 256.143 11.512
201909 8.764 256.759 11.271
201912 9.877 256.974 12.692
202003 8.108 258.115 10.373
202006 6.917 257.797 8.860
202009 7.674 260.280 9.736
202012 7.936 260.474 10.061
202103 7.637 264.877 9.521
202106 7.581 271.696 9.214
202109 7.616 274.310 9.168
202112 8.341 278.802 9.879
202203 8.492 287.504 9.753
202206 9.131 296.311 10.176
202209 9.406 296.808 10.465
202212 8.978 296.797 9.989
202303 9.463 301.836 10.353
202306 9.375 305.109 10.146
202309 10.422 307.789 11.181
202312 11.081 306.746 11.929
202403 10.438 312.332 11.036
202406 10.460 314.175 10.994
202409 10.660 315.301 11.164
202412 11.699 315.605 12.240
202503 12.325 319.799 12.726
202506 9.936 322.561 10.172
202509 9.124 324.800 9.276
202512 11.001 324.054 11.210
202603 9.519 330.213 9.519

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 1.56 mean?
Tong Yang Industry Co (TPE:1319) has a Cyclically Adjusted PS Ratio of 1.56 as of Aug. 01, 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 Tong Yang Industry Co and its competitors. This is 31% above median its historical median of 1.19. Over the past decade, Tong Yang Industry Co's Cyclically Adjusted PS Ratio has ranged from 0.75 to 3.15. According to the industry distribution chart, Tong Yang Industry Co ranks #746 out of 1043 companies in the Vehicles & Parts industry, placing it in the top 71.5%.
Is Tong Yang Industry Co's Cyclically Adjusted PS Ratio too high?
Tong Yang Industry Co's current Cyclically Adjusted PS Ratio of 1.56 is 31% above median its 10-year median of 1.19. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 3.15. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.72. Tong Yang Industry Co's value of 1.56 is 116.7% above this industry median. Based on the distribution chart, Tong Yang Industry Co ranks #746 out of 1043 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Tong Yang Industry Co has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tong Yang Industry Co's Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Tong Yang Industry Co ranks #746 out of 1043 companies for Cyclically Adjusted PS Ratio. This places Tong Yang Industry Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.72. Tong Yang Industry Co's value of 1.56 is 116.7% above this benchmark. Historically, Tong Yang Industry Co's own Cyclically Adjusted PS Ratio has ranged from 0.75 to 3.15 over the past decade. While the company's 10-year median is 1.19 vs. the industry median of 0.72, Tong Yang Industry 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 Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.72, based on 1,043 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. Tong Yang Industry Co's current Cyclically Adjusted PS Ratio of 1.56 is 116.7% 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 Tong Yang Industry Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tong Yang Industry Co's current Cyclically Adjusted PS Ratio is 1.56, which is 31% above median its own 10-year median of 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tong Yang Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Tong Yang Industry Co (TPE:1319) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$92.13, compared to a current price of NT$71.20 — trading 22.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.56, which is 31% above median its 10-year median of 1.19 and 116.7% above the Vehicles & Parts industry median of 0.72. Tong Yang Industry Co's overall GF Score™ is 90/100 with 2 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 Tong Yang Industry Co (TPE:1319), the current Cyclically Adjusted PS Ratio is 1.56 as of Aug. 01, 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 Tong Yang Industry Co (TPE:1319) Overvalued in 2026?

Based on GuruFocus' analysis, Tong Yang Industry Co stock appears to be undervalued. The current stock price of NT$71.20 is trading 22.7% below its estimated GF Value™ of NT$92.13. GuruFocus considers Tong Yang Industry Co to be Modestly Undervalued.

Key valuation signals for TPE:1319:

  • Cyclically Adjusted PS Ratio: 1.56 (31% above median its 10-year median of 1.19)
  • GF Value™: NT$92.13 vs. price of NT$71.20 (22.7% below fair value)
  • GF Score™: 90/100 with 2 warning signs
  • Industry Position: 116.7% above the Vehicles & Parts median (#746 of 1043)

No single metric tells the full story. See the TPE:1319 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tong Yang Industry Co Business Description

Address Anhe Road, No. 98, Section 2, Annan District, Tainan, TWN, 709
Tong Yang Industry Co Ltd is engaged in the manufacture and sale of parts, components, and models for automobiles. The reportable segments of the company are as follows: Domestic Operating Entity and Foreign Operating Entity. It generates the majority of its revenue from the Domestic Operating Entity, which is responsible for the auto parts and components required by domestic production and sales.
90GF Score

Get the complete analysis for TPE:1319

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

NT$71.20
Price
NT$92.13
GF Value