Carnival Industrial (TPE:1417) Cyclically Adjusted PS Ratio: 0.97 (As of Aug. 03, 2026) — Near Median

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TPE:1417 Carnival Industrial Corp TPE:1417
50 GF Score
Price NT$8.22
GF Value NT$4.06
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Carnival Industrial Cyclically Adjusted PS Ratio?

Carnival Industrial TPE:1417 +0.49% 50 Cyclically Adjusted PS Ratio is 0.97 as of Aug. 03, 2026, which is 5% above its 10-year median of 0.92. GuruFocus rates TPE:1417 with a GF Score™ of 50/100 and a GF Value™ of NT$4.06 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 793 Retail - Cyclical companies, Carnival Industrial ranks worse than 67.34% on this metric.

As of today (2026-08-03), Carnival Industrial's current share price is NT$8.22. Carnival Industrial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$8.50. Carnival Industrial's Cyclically Adjusted PS Ratio for today is 0.97.

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

TPE:1417' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.92   Max: 1.16
Current: 0.96

During the past years, Carnival Industrial's highest Cyclically Adjusted PS Ratio was 1.16. The lowest was 0.51. And the median was 0.92.

TPE:1417's Cyclically Adjusted PS Ratio is ranked worse than
67.34% of 793 companies
in the Retail - Cyclical industry
Industry Median: 0.49 vs TPE:1417: 0.96

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.

Carnival Industrial's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$0.384. 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$8.50 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carnival Industrial  (TPE:1417) 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.


Carnival Industrial Cyclically Adjusted PS Ratio Related Terms


Carnival Industrial Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Carnival Industrial'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.

Carnival Industrial Cyclically Adjusted PS Ratio Chart

Carnival Industrial 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 1.04 1.05 0.95 0.89 1.00

Carnival Industrial 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 0.84 0.79 0.87 1.00 1.07

TPE:1417 vs TJX, ROST, BURL: Cyclically Adjusted PS Ratio Comparison

For the Apparel Retail subindustry, Carnival Industrial'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.


Carnival Industrial Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Carnival Industrial's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TPE:1417
50GF Score
Carnival Industrial Corp TPE:1417
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carnival Industrial 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.

Carnival Industrial's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.22/8.50
=0.97

* 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.

Carnival Industrial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Carnival Industrial'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)
=0.384/330.2130*330.2130
=0.384

Current CPI (Mar. 2026) = 330.2130.

Carnival Industrial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.611 241.018 4.947
201609 3.677 241.428 5.029
201612 3.594 241.432 4.916
201703 3.321 243.801 4.498
201706 2.519 244.955 3.396
201709 2.425 246.819 3.244
201712 2.457 246.524 3.291
201803 2.412 249.554 3.192
201806 1.784 251.989 2.338
201809 1.543 252.439 2.018
201812 2.247 251.233 2.953
201903 1.379 254.202 1.791
201906 1.360 256.143 1.753
201909 1.606 256.759 2.065
201912 1.437 256.974 1.847
202003 1.422 258.115 1.819
202006 1.118 257.797 1.432
202009 1.373 260.280 1.742
202012 1.518 260.474 1.924
202103 1.677 264.877 2.091
202106 1.586 271.696 1.928
202109 1.324 274.310 1.594
202112 2.398 278.802 2.840
202203 2.123 287.504 2.438
202206 1.234 296.311 1.375
202209 1.903 296.808 2.117
202212 2.025 296.797 2.253
202303 2.287 301.836 2.502
202306 1.711 305.109 1.852
202309 1.332 307.789 1.429
202312 2.238 306.746 2.409
202403 1.252 312.332 1.324
202406 0.725 314.175 0.762
202409 0.597 315.301 0.625
202412 0.599 315.605 0.627
202503 0.314 319.799 0.324
202506 0.469 322.561 0.480
202509 0.523 324.800 0.532
202512 0.874 324.054 0.891
202603 0.384 330.213 0.384

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 0.97 mean?
Carnival Industrial (TPE:1417) has a Cyclically Adjusted PS Ratio of 0.97 as of Aug. 03, 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 Carnival Industrial and its competitors. This is near median its historical median of 0.92. Over the past decade, Carnival Industrial's Cyclically Adjusted PS Ratio has ranged from 0.51 to 1.16. According to the industry distribution chart, Carnival Industrial ranks #534 out of 793 companies in the Retail - Cyclical industry, placing it in the top 67.3%.
Is Carnival Industrial's Cyclically Adjusted PS Ratio too high?
Carnival Industrial's current Cyclically Adjusted PS Ratio of 0.97 is near median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 1.16. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.49. Carnival Industrial's value of 0.97 is 98% above this industry median. Based on the distribution chart, Carnival Industrial ranks #534 out of 793 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Carnival Industrial has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carnival Industrial's Cyclically Adjusted PS Ratio compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Carnival Industrial ranks #534 out of 793 companies for Cyclically Adjusted PS Ratio. This places Carnival Industrial in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.49. Carnival Industrial's value of 0.97 is 98% above this benchmark. Historically, Carnival Industrial's own Cyclically Adjusted PS Ratio has ranged from 0.51 to 1.16 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 0.49, Carnival Industrial 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 Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.49, based on 793 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. Carnival Industrial's current Cyclically Adjusted PS Ratio of 0.97 is 98% 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 Carnival Industrial and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carnival Industrial's current Cyclically Adjusted PS Ratio is 0.97, which is near median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carnival Industrial stock overvalued right now?
Based on GuruFocus' analysis, Carnival Industrial (TPE:1417) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$4.06, compared to a current price of NT$8.22 — trading 102.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.97, which is near median its 10-year median of 0.92 and 98% above the Retail - Cyclical industry median of 0.49. Carnival Industrial's overall GF Score™ is 50/100 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 Carnival Industrial (TPE:1417), the current Cyclically Adjusted PS Ratio is 0.97 as of Aug. 03, 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 Carnival Industrial (TPE:1417) Overvalued in 2026?

Based on GuruFocus' analysis, Carnival Industrial stock appears to be overvalued. The current stock price of NT$8.22 is trading 102.5% above its estimated GF Value™ of NT$4.06. GuruFocus considers Carnival Industrial to be Significantly Overvalued.

Key valuation signals for TPE:1417:

  • Cyclically Adjusted PS Ratio: 0.97 (near median its 10-year median of 0.92)
  • GF Value™: NT$4.06 vs. price of NT$8.22 (102.5% above fair value)
  • GF Score™: 50/100 with 2 warning signs
  • Industry Position: 98% above the Retail - Cyclical median (#534 of 793)

No single metric tells the full story. See the TPE:1417 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Carnival Industrial Business Description

Address No. 25, Sector 4, Ren’ai road, 7th Floor, Da’an Dist, Taipei, TWN
Carnival Industrial Corp is a Taiwan-based Apparel manufacturer. It manufactures and trades apparel and group uniforms, men's and women's garments, including trousers, pants, skirts, fancy dresses, jackets, and apparel accessories under the brand name CARNIVAL. The Group operates in a single line of business in apparel sales. The majority of its revenue comes from the Apparel sales department.
50GF Score

Get the complete analysis for TPE:1417

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

NT$8.22
Price
NT$4.06
GF Value