Ta Jiang Development (TPE:1453) Cyclically Adjusted PS Ratio: 11.58 (As of Jul. 31, 2026) — 36% Above Median

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TPE:1453 Ta Jiang Development Corp TPE:1453
53 GF Score
Price NT$11.00
GF Value NT$11.23
Valuation Fairly Valued
! 8 Warning Signs
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What is Ta Jiang Development Cyclically Adjusted PS Ratio?

Ta Jiang Development TPE:1453 -0.45% 53 Cyclically Adjusted PS Ratio is 11.58 as of Jul. 31, 2026, which is 36% above its 10-year median of 8.54. GuruFocus rates TPE:1453 with a GF Score™ of 53/100 and a GF Value™ of NT$11.23 (Fairly Valued). The stock has 8 warning signs investors should review. Among 886 Manufacturing - Apparel & Accessories companies, Ta Jiang Development ranks worse than 97.86% on this metric.

As of today (2026-07-31), Ta Jiang Development's current share price is NT$11.00. Ta Jiang Development's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$0.95. Ta Jiang Development's Cyclically Adjusted PS Ratio for today is 11.58.

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

TPE:1453' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.91   Med: 8.54   Max: 18.79
Current: 11.63

During the past years, Ta Jiang Development's highest Cyclically Adjusted PS Ratio was 18.79. The lowest was 1.91. And the median was 8.54.

TPE:1453's Cyclically Adjusted PS Ratio is ranked worse than
97.86% of 886 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.645 vs TPE:1453: 11.63

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.

Ta Jiang Development's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$0.004. 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$0.95 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ta Jiang Development  (TPE:1453) 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.


Ta Jiang Development Cyclically Adjusted PS Ratio Related Terms


Ta Jiang Development Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ta Jiang Development'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.

Ta Jiang Development Cyclically Adjusted PS Ratio Chart

Ta Jiang Development 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 3.64 8.29 9.31 11.21 13.29

Ta Jiang Development 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 12.31 13.79 14.40 13.29 12.84

Ta Jiang Development Cyclically Adjusted PS Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Ta Jiang Development'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.


Ta Jiang Development Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Ta Jiang Development's Cyclically Adjusted PS Ratio falls into.


TPE:1453
53GF Score
Ta Jiang Development Corp TPE:1453
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ta Jiang Development 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.

Ta Jiang Development's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.00/0.95
=11.58

* 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.

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

For example, Ta Jiang Development'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)
=0.004/330.2130*330.2130
=0.004

Current CPI (Mar. 2026) = 330.2130.

Ta Jiang Development Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.135 241.018 0.185
201609 0.154 241.428 0.211
201612 0.096 241.432 0.131
201703 0.040 243.801 0.054
201706 0.262 244.955 0.353
201709 0.162 246.819 0.217
201712 0.079 246.524 0.106
201803 0.019 249.554 0.025
201806 0.154 251.989 0.202
201809 0.059 252.439 0.077
201812 0.006 251.233 0.008
201903 0.002 254.202 0.003
201906 0.003 256.143 0.004
201909 0.001 256.759 0.001
201912 0.390 256.974 0.501
202003 0.181 258.115 0.232
202006 0.230 257.797 0.295
202009 1.540 260.280 1.954
202012 0.002 260.474 0.003
202103 0.142 264.877 0.177
202106 0.001 271.696 0.001
202109 0.001 274.310 0.001
202112 0.246 278.802 0.291
202203 1.095 287.504 1.258
202206 0.209 296.311 0.233
202209 0.871 296.808 0.969
202212 0.002 296.797 0.002
202303 0.002 301.836 0.002
202306 0.002 305.109 0.002
202309 0.002 307.789 0.002
202312 1.793 306.746 1.930
202403 0.003 312.332 0.003
202406 0.003 314.175 0.003
202409 0.003 315.301 0.003
202412 0.003 315.605 0.003
202503 0.003 319.799 0.003
202506 0.003 322.561 0.003
202509 0.003 324.800 0.003
202512 0.004 324.054 0.004
202603 0.004 330.213 0.004

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 11.58 mean?
Ta Jiang Development (TPE:1453) has a Cyclically Adjusted PS Ratio of 11.58 as of Jul. 31, 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 Ta Jiang Development and its competitors. This is 36% above median its historical median of 8.54. Over the past decade, Ta Jiang Development's Cyclically Adjusted PS Ratio has ranged from 1.91 to 18.79. According to the industry distribution chart, Ta Jiang Development ranks #867 out of 886 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 97.9%.
Is Ta Jiang Development's Cyclically Adjusted PS Ratio too high?
Ta Jiang Development's current Cyclically Adjusted PS Ratio of 11.58 is 36% above median its 10-year median of 8.54. Over the past 10 years, this metric has ranged from a low of 1.91 to a high of 18.79. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PS Ratio is 0.65. Ta Jiang Development's value of 11.58 is 1695.3% above this industry median. Based on the distribution chart, Ta Jiang Development ranks #867 out of 886 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Ta Jiang Development has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ta Jiang Development's Cyclically Adjusted PS Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ta Jiang Development ranks #867 out of 886 companies for Cyclically Adjusted PS Ratio. This places Ta Jiang Development in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.65. Ta Jiang Development's value of 11.58 is 1695.3% above this benchmark. Historically, Ta Jiang Development's own Cyclically Adjusted PS Ratio has ranged from 1.91 to 18.79 over the past decade. While the company's 10-year median is 8.54 vs. the industry median of 0.65, Ta Jiang Development 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. Ta Jiang Development's current Cyclically Adjusted PS Ratio of 11.58 is 1695.3% 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 Ta Jiang Development 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. Ta Jiang Development's current Cyclically Adjusted PS Ratio is 11.58, which is 36% above median its own 10-year median of 8.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ta Jiang Development stock overvalued right now?
Based on GuruFocus' analysis, Ta Jiang Development (TPE:1453) is currently considered Fairly Valued. The stock's GF Value™ is NT$11.23, compared to a current price of NT$11.00 — trading 2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 11.58, which is 36% above median its 10-year median of 8.54 and 1695.3% above the Manufacturing - Apparel & Accessories industry median of 0.65. Ta Jiang Development's overall GF Score™ is 53/100 with 8 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 Ta Jiang Development (TPE:1453), the current Cyclically Adjusted PS Ratio is 11.58 as of Jul. 31, 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 Ta Jiang Development (TPE:1453) Overvalued in 2026?

Based on GuruFocus' analysis, Ta Jiang Development stock appears to be undervalued. The current stock price of NT$11.00 is trading 2% below its estimated GF Value™ of NT$11.23. GuruFocus considers Ta Jiang Development to be Fairly Valued.

Key valuation signals for TPE:1453:

  • Cyclically Adjusted PS Ratio: 11.58 (36% above median its 10-year median of 8.54)
  • GF Value™: NT$11.23 vs. price of NT$11.00 (2% below fair value)
  • GF Score™: 53/100 with 8 warning signs
  • Industry Position: 1695.3% above the Manufacturing - Apparel & Accessories median (#867 of 886)

No single metric tells the full story. See the TPE:1453 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ta Jiang Development Business Description

Address 6th Floor, No. 71, Section 2, Dunhua South Road, Daan District, Taipei, TWN, 106
Ta Jiang Development Corp operates in the textile industry. The company is engaged in manufacturing and distributing textile products like yarns, fabrics, and related raw materials and products. The company also operates in the construction and development industry, It is also involved in Investment and construction of public infrastructure projects. The company also manufactures, processing, and trading of woven clothing, knitted clothing, and sweaters.
53GF Score

Get the complete analysis for TPE:1453

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

NT$11.00
Price
NT$11.23
GF Value