Tainan Spinning Co (TPE:1440) Cyclically Adjusted PS Ratio: 0.86 (As of Jul. 29, 2026) — 13% Below Median

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TPE:1440 Tainan Spinning Co Ltd TPE:1440
55 GF Score
Price NT$12.50
GF Value NT$10.71
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Tainan Spinning Co Cyclically Adjusted PS Ratio?

Tainan Spinning Co TPE:1440 -1.57% 55 Cyclically Adjusted PS Ratio is 0.86 as of Jul. 29, 2026, which is 13% below its 10-year median of 0.99. GuruFocus rates TPE:1440 with a GF Score™ of 55/100 and a GF Value™ of NT$10.71 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 885 Manufacturing - Apparel & Accessories companies, Tainan Spinning Co ranks worse than 60.23% on this metric.

As of today (2026-07-29), Tainan Spinning Co's current share price is NT$12.50. Tainan Spinning Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$14.50. Tainan Spinning Co's Cyclically Adjusted PS Ratio for today is 0.86.

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

TPE:1440' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.99   Max: 2.08
Current: 0.88

During the past years, Tainan Spinning Co's highest Cyclically Adjusted PS Ratio was 2.08. The lowest was 0.53. And the median was 0.99.

TPE:1440's Cyclically Adjusted PS Ratio is ranked worse than
60.23% of 885 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.63 vs TPE:1440: 0.88

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.

Tainan Spinning Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$2.036. 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$14.50 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tainan Spinning Co  (TPE:1440) 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.


Tainan Spinning Co Cyclically Adjusted PS Ratio Related Terms


Tainan Spinning Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tainan Spinning 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.

Tainan Spinning Co Cyclically Adjusted PS Ratio Chart

Tainan Spinning 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 1.76 1.11 1.05 0.94 0.92

Tainan Spinning 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 0.90 0.90 0.92 0.92 0.87

Tainan Spinning Co Cyclically Adjusted PS Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Tainan Spinning 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.


Tainan Spinning Co Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Tainan Spinning Co's Cyclically Adjusted PS Ratio falls into.


TPE:1440
55GF Score
Tainan Spinning Co Ltd TPE:1440
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tainan Spinning 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.

Tainan Spinning Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.50/14.50
=0.86

* 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.

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

For example, Tainan Spinning 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)
=2.036/330.2130*330.2130
=2.036

Current CPI (Mar. 2026) = 330.2130.

Tainan Spinning Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.908 241.018 3.984
201609 3.291 241.428 4.501
201612 3.008 241.432 4.114
201703 3.085 243.801 4.178
201706 3.030 244.955 4.085
201709 3.177 246.819 4.250
201712 3.345 246.524 4.481
201803 3.619 249.554 4.789
201806 3.958 251.989 5.187
201809 3.800 252.439 4.971
201812 3.694 251.233 4.855
201903 3.475 254.202 4.514
201906 3.710 256.143 4.783
201909 3.628 256.759 4.666
201912 3.400 256.974 4.369
202003 3.040 258.115 3.889
202006 2.251 257.797 2.883
202009 2.423 260.280 3.074
202012 3.028 260.474 3.839
202103 3.220 264.877 4.014
202106 3.198 271.696 3.887
202109 2.647 274.310 3.186
202112 3.117 278.802 3.692
202203 3.489 287.504 4.007
202206 3.346 296.311 3.729
202209 3.103 296.808 3.452
202212 3.302 296.797 3.674
202303 3.291 301.836 3.600
202306 2.766 305.109 2.994
202309 2.457 307.789 2.636
202312 2.653 306.746 2.856
202403 2.550 312.332 2.696
202406 2.762 314.175 2.903
202409 2.624 315.301 2.748
202412 2.414 315.605 2.526
202503 2.530 319.799 2.612
202506 2.233 322.561 2.286
202509 1.962 324.800 1.995
202512 1.978 324.054 2.016
202603 2.036 330.213 2.036

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 0.86 mean?
Tainan Spinning Co (TPE:1440) has a Cyclically Adjusted PS Ratio of 0.86 as of Jul. 29, 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 Tainan Spinning Co and its competitors. This is 13% below median its historical median of 0.99. Over the past decade, Tainan Spinning Co's Cyclically Adjusted PS Ratio has ranged from 0.53 to 2.08. According to the industry distribution chart, Tainan Spinning Co ranks #533 out of 885 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 60.2%.
Is Tainan Spinning Co's Cyclically Adjusted PS Ratio too high?
Tainan Spinning Co's current Cyclically Adjusted PS Ratio of 0.86 is 13% below median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 2.08. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PS Ratio is 0.63. Tainan Spinning Co's value of 0.86 is 36.5% above this industry median. Based on the distribution chart, Tainan Spinning Co ranks #533 out of 885 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Tainan Spinning Co has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tainan Spinning Co's Cyclically Adjusted PS Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Tainan Spinning Co ranks #533 out of 885 companies for Cyclically Adjusted PS Ratio. This places Tainan Spinning Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.63. Tainan Spinning Co's value of 0.86 is 36.5% above this benchmark. Historically, Tainan Spinning Co's own Cyclically Adjusted PS Ratio has ranged from 0.53 to 2.08 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 0.63, Tainan Spinning 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PS Ratio among Manufacturing - Apparel & Accessories companies is 0.63, based on 885 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. Tainan Spinning Co's current Cyclically Adjusted PS Ratio of 0.86 is 36.5% 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 Tainan Spinning Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PS Ratio is 0.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tainan Spinning Co's current Cyclically Adjusted PS Ratio is 0.86, which is 13% below median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tainan Spinning Co stock overvalued right now?
Based on GuruFocus' analysis, Tainan Spinning Co (TPE:1440) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$10.71, compared to a current price of NT$12.50 — trading 16.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.86, which is 13% below median its 10-year median of 0.99 and 36.5% above the Manufacturing - Apparel & Accessories industry median of 0.63. Tainan Spinning Co's overall GF Score™ is 55/100 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 Tainan Spinning Co (TPE:1440), the current Cyclically Adjusted PS Ratio is 0.86 as of Jul. 29, 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 Tainan Spinning Co (TPE:1440) Overvalued in 2026?

Based on GuruFocus' analysis, Tainan Spinning Co stock appears to be overvalued. The current stock price of NT$12.50 is trading 16.7% above its estimated GF Value™ of NT$10.71. GuruFocus considers Tainan Spinning Co to be Modestly Overvalued.

Key valuation signals for TPE:1440:

  • Cyclically Adjusted PS Ratio: 0.86 (13% below median its 10-year median of 0.99)
  • GF Value™: NT$10.71 vs. price of NT$12.50 (16.7% above fair value)
  • GF Score™: 55/100 with 4 warning signs
  • Industry Position: 36.5% above the Manufacturing - Apparel & Accessories median (#533 of 885)

No single metric tells the full story. See the TPE:1440 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tainan Spinning Co Business Description

Address No. 398, Zhonghua East Road, 10th Floor, Section 1, East District, Tainan, TWN, 701
Tainan Spinning Co Ltd is a Taiwan-based company that is principally engaged in manufacturing, processing, sale of textile products, woven textile products and synthetic fiber materials, construction of public housing, and the rental and sale of commercial property. The company's products include yarn, polyester, polyester filament, pet granules (spinning), processed yarn, and others. The company also operates a real estate business. The company generates the majority of its total revenue from textile products.
55GF Score

Get the complete analysis for TPE:1440

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

NT$12.50
Price
NT$10.71
GF Value