GTM Holdings (TPE:1437) Cyclically Adjusted PS Ratio: 7.73 (As of Sep. 14, 2026) — 18% Above Median

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TPE:1437 GTM Holdings Corp TPE:1437
84 GF Score
Price NT$31.85
GF Value NT$35.24
Valuation Modestly Undervalued
! 7 Warning Signs
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What is GTM Holdings Cyclically Adjusted PS Ratio?

GTM Holdings TPE:1437 +0.95% 84 Cyclically Adjusted PS Ratio is 7.73 as of Sep. 14, 2026, which is 18% above its 10-year median of 6.57. GuruFocus rates TPE:1437 with a GF Score™ of 84/100 and a GF Value™ of NT$35.24 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,366 Real Estate companies, GTM Holdings ranks worse than 86.16% on this metric.

As of today (2026-09-14), GTM Holdings's current share price is NT$31.85. GTM Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was NT$4.12. GTM Holdings's Cyclically Adjusted PS Ratio for today is 7.73.

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

TPE:1437' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.88   Med: 6.57   Max: 9.52
Current: 7.72

During the past years, GTM Holdings's highest Cyclically Adjusted PS Ratio was 9.52. The lowest was 2.88. And the median was 6.57.

TPE:1437's Cyclically Adjusted PS Ratio is ranked worse than
86.16% of 1366 companies
in the Real Estate industry
Industry Median: 1.78 vs TPE:1437: 7.72

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.

GTM Holdings's adjusted revenue per share data for the three months ended in Jun. 2026 was NT$1.170. 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$4.12 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


GTM Holdings  (TPE:1437) 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.


GTM Holdings Cyclically Adjusted PS Ratio Related Terms


GTM Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for GTM Holdings'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.

GTM Holdings Cyclically Adjusted PS Ratio Chart

GTM Holdings 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 5.62 5.97 7.68 8.49 8.63

GTM Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 8.24 7.65 8.63 7.51 7.32

TPE:1437 vs CBRE, BEKE, JLL: Cyclically Adjusted PS Ratio Comparison

For the Real Estate Services subindustry, GTM Holdings'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.


GTM Holdings Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, GTM Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TPE:1437
84GF Score
GTM Holdings Corp TPE:1437
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GTM Holdings 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.

GTM Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=31.85/4.12
=7.73

* 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.

GTM Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, GTM Holdings's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.17/333.9520*333.9520
=1.170

Current CPI (Jun. 2026) = 333.9520.

GTM Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.629 241.428 0.870
201612 0.687 241.432 0.950
201703 0.847 243.801 1.160
201706 0.623 244.955 0.849
201709 0.586 246.819 0.793
201712 0.609 246.524 0.825
201803 0.863 249.554 1.155
201806 0.636 251.989 0.843
201809 0.607 252.439 0.803
201812 0.751 251.233 0.998
201903 0.956 254.202 1.256
201906 0.627 256.143 0.817
201909 0.629 256.759 0.818
201912 0.638 256.974 0.829
202003 0.862 258.115 1.115
202006 0.602 257.797 0.780
202009 0.622 260.280 0.798
202012 0.879 260.474 1.127
202103 0.877 264.877 1.106
202106 0.690 271.696 0.848
202109 0.891 274.310 1.085
202112 0.965 278.802 1.156
202203 0.888 287.504 1.031
202206 0.848 296.311 0.956
202209 1.245 296.808 1.401
202212 0.961 296.797 1.081
202303 0.848 301.836 0.938
202306 0.824 305.109 0.902
202309 1.639 307.789 1.778
202312 0.916 306.746 0.997
202403 0.869 312.332 0.929
202406 0.944 314.175 1.003
202409 1.315 315.301 1.393
202412 1.017 315.605 1.076
202503 0.938 319.799 0.980
202506 1.002 322.561 1.037
202509 1.493 324.800 1.535
202512 1.149 324.054 1.184
202603 0.859 330.213 0.869
202606 1.170 333.952 1.170

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 7.73 mean?
GTM Holdings (TPE:1437) has a Cyclically Adjusted PS Ratio of 7.73 as of Sep. 14, 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 GTM Holdings and its competitors. This is 18% above median its historical median of 6.57. Over the past decade, GTM Holdings' Cyclically Adjusted PS Ratio has ranged from 2.88 to 9.52. According to the industry distribution chart, GTM Holdings ranks #1177 out of 1366 companies in the Real Estate industry, placing it in the top 86.2%.
Is GTM Holdings' Cyclically Adjusted PS Ratio too high?
GTM Holdings' current Cyclically Adjusted PS Ratio of 7.73 is 18% above median its 10-year median of 6.57. Over the past 10 years, this metric has ranged from a low of 2.88 to a high of 9.52. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.78. GTM Holdings' value of 7.73 is 334.3% above this industry median. Based on the distribution chart, GTM Holdings ranks #1177 out of 1366 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, GTM Holdings has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GTM Holdings' Cyclically Adjusted PS Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, GTM Holdings ranks #1177 out of 1366 companies for Cyclically Adjusted PS Ratio. This places GTM Holdings in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.78. GTM Holdings' value of 7.73 is 334.3% above this benchmark. Historically, GTM Holdings' own Cyclically Adjusted PS Ratio has ranged from 2.88 to 9.52 over the past decade. While the company's 10-year median is 6.57 vs. the industry median of 1.78, GTM Holdings 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.78, based on 1,366 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. GTM Holdings's current Cyclically Adjusted PS Ratio of 7.73 is 334.3% 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 GTM Holdings and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GTM Holdings's current Cyclically Adjusted PS Ratio is 7.73, which is 18% above median its own 10-year median of 6.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GTM Holdings stock overvalued right now?
Based on GuruFocus' analysis, GTM Holdings (TPE:1437) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$35.24, compared to a current price of NT$31.85 — trading 9.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.73, which is 18% above median its 10-year median of 6.57 and 334.3% above the Real Estate industry median of 1.78. GTM Holdings' overall GF Score™ is 84/100 with 7 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 GTM Holdings (TPE:1437), the current Cyclically Adjusted PS Ratio is 7.73 as of Sep. 14, 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 GTM Holdings (TPE:1437) Overvalued in 2026?

Based on GuruFocus' analysis, GTM Holdings stock appears to be undervalued. The current stock price of NT$31.85 is trading 9.6% below its estimated GF Value™ of NT$35.24. GuruFocus considers GTM Holdings to be Modestly Undervalued.

Key valuation signals for TPE:1437:

  • Cyclically Adjusted PS Ratio: 7.73 (18% above median its 10-year median of 6.57)
  • GF Value™: NT$35.24 vs. price of NT$31.85 (9.6% below fair value)
  • GF Score™: 84/100 with 7 warning signs
  • Industry Position: 334.3% above the Real Estate median (#1177 of 1366)

No single metric tells the full story. See the TPE:1437 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GTM Holdings Business Description

Address Zhongxiao E. Road, 9th Floor, No. 320, Section 4, Daan District, Taipei, TWN, 106
GTM Holdings Corp is mainly engaged in the manufacturing and trading of textiles, knitwear, wool quilts, suits, electronic components, and electronic materials, as well as the commissioning of construction companies for building construction, residential rentals, and sales. The Company operates through the Textile Business Department, Real Estate Business Department and Other Departments. The Textile Business Department manufactures and sells textile products, while the Real Estate Business Department engages in the rental of real estate and other activities. The Company generates the majority of its revenue from the Real Estate Business Department and from Taiwan.
84GF Score

Get the complete analysis for TPE:1437

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

NT$31.85
Price
NT$35.24
GF Value