I-Hwa Indusstrial Co (TPE:1456) Cyclically Adjusted PS Ratio: 1.01 (As of Aug. 01, 2026) — 10% Below Median

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TPE:1456 I-Hwa Indusstrial Co Ltd TPE:1456
66 GF Score
Price NT$14.00
GF Value NT$12.61
Valuation Modestly Overvalued
! 7 Warning Signs
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What is I-Hwa Indusstrial Co Cyclically Adjusted PS Ratio?

I-Hwa Indusstrial Co TPE:1456 +1.08% 66 Cyclically Adjusted PS Ratio is 1.01 as of Aug. 01, 2026, which is 10% below its 10-year median of 1.12. GuruFocus rates TPE:1456 with a GF Score™ of 66/100 and a GF Value™ of NT$12.61 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,355 Real Estate companies, I-Hwa Indusstrial Co ranks better than 65.61% on this metric.

As of today (2026-08-01), I-Hwa Indusstrial Co's current share price is NT$14.00. I-Hwa Indusstrial Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$13.86. I-Hwa Indusstrial Co's Cyclically Adjusted PS Ratio for today is 1.01.

The historical rank and industry rank for I-Hwa Indusstrial Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

TPE:1456' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 1.12   Max: 1.84
Current: 1.01

During the past years, I-Hwa Indusstrial Co's highest Cyclically Adjusted PS Ratio was 1.84. The lowest was 0.20. And the median was 1.12.

TPE:1456's Cyclically Adjusted PS Ratio is ranked better than
65.61% of 1355 companies
in the Real Estate industry
Industry Median: 1.82 vs TPE:1456: 1.01

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.

I-Hwa Indusstrial Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$2.316. 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$13.86 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


I-Hwa Indusstrial Co  (TPE:1456) 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.


I-Hwa Indusstrial Co Cyclically Adjusted PS Ratio Related Terms


I-Hwa Indusstrial Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for I-Hwa Indusstrial 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.

I-Hwa Indusstrial Co Cyclically Adjusted PS Ratio Chart

I-Hwa Indusstrial 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 1.25 1.25 1.30 1.17 0.98

I-Hwa Indusstrial 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 1.12 0.98 0.91 0.98 0.98

TPE:1456 vs CBRE, BEKE, JLL: Cyclically Adjusted PS Ratio Comparison

For the Real Estate Services subindustry, I-Hwa Indusstrial 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.


I-Hwa Indusstrial Co Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, I-Hwa Indusstrial Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where I-Hwa Indusstrial Co's Cyclically Adjusted PS Ratio falls into.


TPE:1456
66GF Score
I-Hwa Indusstrial Co Ltd TPE:1456
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

I-Hwa Indusstrial 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.

I-Hwa Indusstrial Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.00/13.86
=1.01

* 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.

I-Hwa Indusstrial Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, I-Hwa Indusstrial 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)
=2.316/330.2130*330.2130
=2.316

Current CPI (Mar. 2026) = 330.2130.

I-Hwa Indusstrial Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.286 241.018 1.762
201609 1.138 241.428 1.556
201612 6.731 241.432 9.206
201703 1.946 243.801 2.636
201706 2.589 244.955 3.490
201709 1.959 246.819 2.621
201712 4.637 246.524 6.211
201803 0.960 249.554 1.270
201806 1.190 251.989 1.559
201809 1.522 252.439 1.991
201812 1.239 251.233 1.629
201903 2.085 254.202 2.708
201906 2.906 256.143 3.746
201909 1.211 256.759 1.557
201912 5.075 256.974 6.521
202003 1.176 258.115 1.504
202006 1.438 257.797 1.842
202009 1.657 260.280 2.102
202012 3.416 260.474 4.331
202103 5.799 264.877 7.229
202106 9.012 271.696 10.953
202109 7.727 274.310 9.302
202112 2.660 278.802 3.151
202203 1.250 287.504 1.436
202206 2.455 296.311 2.736
202209 1.431 296.808 1.592
202212 1.446 296.797 1.609
202303 1.339 301.836 1.465
202306 9.846 305.109 10.656
202309 4.283 307.789 4.595
202312 2.513 306.746 2.705
202403 2.993 312.332 3.164
202406 2.725 314.175 2.864
202409 3.210 315.301 3.362
202412 2.121 315.605 2.219
202503 1.753 319.799 1.810
202506 3.160 322.561 3.235
202509 1.710 324.800 1.738
202512 2.209 324.054 2.251
202603 2.316 330.213 2.316

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 1.01 mean?
I-Hwa Indusstrial Co (TPE:1456) has a Cyclically Adjusted PS Ratio of 1.01 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 I-Hwa Indusstrial Co and its competitors. This is 10% below median its historical median of 1.12. Over the past decade, I-Hwa Indusstrial Co's Cyclically Adjusted PS Ratio has ranged from 0.20 to 1.84. According to the industry distribution chart, I-Hwa Indusstrial Co ranks #466 out of 1355 companies in the Real Estate industry, placing it in the top 34.4%.
Is I-Hwa Indusstrial Co's Cyclically Adjusted PS Ratio too high?
I-Hwa Indusstrial Co's current Cyclically Adjusted PS Ratio of 1.01 is 10% below median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 1.84. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.82. I-Hwa Indusstrial Co's value of 1.01 is 44.5% below this industry median. Based on the distribution chart, I-Hwa Indusstrial Co ranks #466 out of 1355 companies in the Real Estate industry, which is above the industry midpoint. Overall, I-Hwa Indusstrial Co has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does I-Hwa Indusstrial Co's Cyclically Adjusted PS Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, I-Hwa Indusstrial Co ranks #466 out of 1355 companies for Cyclically Adjusted PS Ratio. This puts I-Hwa Indusstrial Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.82. I-Hwa Indusstrial Co's value of 1.01 is 44.5% below this benchmark. Historically, I-Hwa Indusstrial Co's own Cyclically Adjusted PS Ratio has ranged from 0.20 to 1.84 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 1.82, I-Hwa Indusstrial Co has consistently been below 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 1.82, based on 1,355 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. I-Hwa Indusstrial Co's current Cyclically Adjusted PS Ratio of 1.01 is 44.5% below 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 I-Hwa Indusstrial Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. I-Hwa Indusstrial Co's current Cyclically Adjusted PS Ratio is 1.01, which is 10% below median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is I-Hwa Indusstrial Co stock overvalued right now?
Based on GuruFocus' analysis, I-Hwa Indusstrial Co (TPE:1456) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$12.61, compared to a current price of NT$14.00 — trading 11% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.01, which is 10% below median its 10-year median of 1.12 and 44.5% below the Real Estate industry median of 1.82. I-Hwa Indusstrial Co's overall GF Score™ is 66/100 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 I-Hwa Indusstrial Co (TPE:1456), the current Cyclically Adjusted PS Ratio is 1.01 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 I-Hwa Indusstrial Co (TPE:1456) Overvalued in 2026?

Based on GuruFocus' analysis, I-Hwa Indusstrial Co stock appears to be overvalued. The current stock price of NT$14.00 is trading 11% above its estimated GF Value™ of NT$12.61. GuruFocus considers I-Hwa Indusstrial Co to be Modestly Overvalued.

Key valuation signals for TPE:1456:

  • Cyclically Adjusted PS Ratio: 1.01 (10% below median its 10-year median of 1.12)
  • GF Value™: NT$12.61 vs. price of NT$14.00 (11% above fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 44.5% below the Real Estate median (#466 of 1355)

No single metric tells the full story. See the TPE:1456 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


I-Hwa Indusstrial Co Business Description

Address Neihu Road, 12th Floor, Section 1, No. 392, Neihu District, Taipei, TWN
I-Hwa Indusstrial Co Ltd is principally engaged in land development and construction of houses, residential and building development and leasing, as well as manufacturing and trading of finished fabrics, woolen yarn, cotton yarn and dyestuffs, general advertising services and e-commerce. The group's revenue from the sale of premises is the majority source of income for its operations.
66GF Score

Get the complete analysis for TPE:1456

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

NT$14.00
Price
NT$12.61
GF Value