Reward Wool Industry (TPE:1423) Cyclically Adjusted PS Ratio: 8.85 (As of Aug. 01, 2026) — 94% Above Median

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TPE:1423 Reward Wool Industry Corp TPE:1423
68 GF Score
Price NT$35.85
GF Value NT$29.01
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Reward Wool Industry Cyclically Adjusted PS Ratio?

Reward Wool Industry TPE:1423 +1.41% 68 Cyclically Adjusted PS Ratio is 8.85 as of Aug. 01, 2026, which is 94% above its 10-year median of 4.56. GuruFocus rates TPE:1423 with a GF Score™ of 68/100 and a GF Value™ of NT$29.01 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 886 Manufacturing - Apparel & Accessories companies, Reward Wool Industry ranks worse than 96.95% on this metric.

As of today (2026-08-01), Reward Wool Industry's current share price is NT$35.85. Reward Wool Industry's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$4.05. Reward Wool Industry's Cyclically Adjusted PS Ratio for today is 8.85.

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

TPE:1423' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.46   Med: 4.56   Max: 11.14
Current: 8.73

During the past years, Reward Wool Industry's highest Cyclically Adjusted PS Ratio was 11.14. The lowest was 1.46. And the median was 4.56.

TPE:1423's Cyclically Adjusted PS Ratio is ranked worse than
96.95% of 886 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.645 vs TPE:1423: 8.73

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.

Reward Wool Industry's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$0.312. 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$4.05 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Reward Wool Industry  (TPE:1423) 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.


Reward Wool Industry Cyclically Adjusted PS Ratio Related Terms


Reward Wool Industry Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Reward Wool Industry'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.

Reward Wool Industry Cyclically Adjusted PS Ratio Chart

Reward Wool Industry 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 3.98 4.48 5.65 7.59 9.11

Reward Wool Industry 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 7.82 8.18 8.71 9.11 9.80

Reward Wool Industry Cyclically Adjusted PS Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Reward Wool Industry'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.


Reward Wool Industry Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Reward Wool Industry's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Reward Wool Industry's Cyclically Adjusted PS Ratio falls into.


TPE:1423
68GF Score
Reward Wool Industry Corp TPE:1423
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Reward Wool Industry 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.

Reward Wool Industry's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=35.85/4.05
=8.85

* 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.

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

For example, Reward Wool Industry'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)
=0.312/330.2130*330.2130
=0.312

Current CPI (Mar. 2026) = 330.2130.

Reward Wool Industry Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.318 241.018 1.806
201609 1.693 241.428 2.316
201612 1.543 241.432 2.110
201703 1.431 243.801 1.938
201706 1.663 244.955 2.242
201709 1.246 246.819 1.667
201712 2.563 246.524 3.433
201803 1.757 249.554 2.325
201806 1.629 251.989 2.135
201809 1.467 252.439 1.919
201812 1.613 251.233 2.120
201903 1.125 254.202 1.461
201906 1.612 256.143 2.078
201909 1.333 256.759 1.714
201912 0.609 256.974 0.783
202003 0.575 258.115 0.736
202006 0.645 257.797 0.826
202009 0.426 260.280 0.540
202012 0.378 260.474 0.479
202103 0.538 264.877 0.671
202106 0.549 271.696 0.667
202109 0.286 274.310 0.344
202112 0.516 278.802 0.611
202203 0.605 287.504 0.695
202206 0.429 296.311 0.478
202209 0.342 296.808 0.380
202212 0.399 296.797 0.444
202303 0.368 301.836 0.403
202306 0.233 305.109 0.252
202309 0.238 307.789 0.255
202312 0.331 306.746 0.356
202403 0.403 312.332 0.426
202406 0.179 314.175 0.188
202409 0.307 315.301 0.322
202412 0.160 315.605 0.167
202503 0.284 319.799 0.293
202506 0.145 322.561 0.148
202509 0.242 324.800 0.246
202512 0.181 324.054 0.184
202603 0.312 330.213 0.312

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 8.85 mean?
Reward Wool Industry (TPE:1423) has a Cyclically Adjusted PS Ratio of 8.85 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 Reward Wool Industry and its competitors. This is 94% above median its historical median of 4.56. Over the past decade, Reward Wool Industry's Cyclically Adjusted PS Ratio has ranged from 1.46 to 11.14. According to the industry distribution chart, Reward Wool Industry ranks #859 out of 886 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 97%.
Is Reward Wool Industry's Cyclically Adjusted PS Ratio too high?
Reward Wool Industry's current Cyclically Adjusted PS Ratio of 8.85 is 94% above median its 10-year median of 4.56. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 11.14. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PS Ratio is 0.65. Reward Wool Industry's value of 8.85 is 1272.1% above this industry median. Based on the distribution chart, Reward Wool Industry ranks #859 out of 886 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Reward Wool Industry has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Reward Wool Industry's Cyclically Adjusted PS Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Reward Wool Industry ranks #859 out of 886 companies for Cyclically Adjusted PS Ratio. This places Reward Wool Industry in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.65. Reward Wool Industry's value of 8.85 is 1272.1% above this benchmark. Historically, Reward Wool Industry's own Cyclically Adjusted PS Ratio has ranged from 1.46 to 11.14 over the past decade. While the company's 10-year median is 4.56 vs. the industry median of 0.65, Reward Wool Industry 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PS Ratio among Manufacturing - Apparel & Accessories companies is 0.65, based on 886 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. Reward Wool Industry's current Cyclically Adjusted PS Ratio of 8.85 is 1272.1% 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 Reward Wool Industry and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PS Ratio is 0.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reward Wool Industry's current Cyclically Adjusted PS Ratio is 8.85, which is 94% above median its own 10-year median of 4.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reward Wool Industry stock overvalued right now?
Based on GuruFocus' analysis, Reward Wool Industry (TPE:1423) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$29.01, compared to a current price of NT$35.85 — trading 23.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 8.85, which is 94% above median its 10-year median of 4.56 and 1272.1% above the Manufacturing - Apparel & Accessories industry median of 0.65. Reward Wool Industry's overall GF Score™ is 68/100 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 Reward Wool Industry (TPE:1423), the current Cyclically Adjusted PS Ratio is 8.85 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 Reward Wool Industry (TPE:1423) Overvalued in 2026?

Based on GuruFocus' analysis, Reward Wool Industry stock appears to be overvalued. The current stock price of NT$35.85 is trading 23.6% above its estimated GF Value™ of NT$29.01. GuruFocus considers Reward Wool Industry to be Modestly Overvalued.

Key valuation signals for TPE:1423:

  • Cyclically Adjusted PS Ratio: 8.85 (94% above median its 10-year median of 4.56)
  • GF Value™: NT$29.01 vs. price of NT$35.85 (23.6% above fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 1272.1% above the Manufacturing - Apparel & Accessories median (#859 of 886)

No single metric tells the full story. See the TPE:1423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Reward Wool Industry Business Description

Address No. 310, Zhongxiao East Road, Section 4, 12th Floor, Kuang Fu Building, Taipei, TWN, 106
Reward Wool Industry Corp operates in the textile manufacturing industry. The company is engaged in the manufacturing and sales of wool tops (including carbonized noil), other special processing tops for shrink-proof, dyeing, and finishing, and import and export of related businesses. Geographically, the company derives its key revenue from its business in Taiwan and the rest from Japan, Korea, and other regions.
68GF Score

Get the complete analysis for TPE:1423

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

NT$35.85
Price
NT$29.01
GF Value