I-Hwa Indusstrial Co (TPE:1456) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

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Director of Data and Quant Analytics at GuruFocus
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TPE:1456 I-Hwa Indusstrial Co Ltd TPE:1456
65 GF Score
Price NT$14.05
GF Value NT$10.39
Valuation Significantly Overvalued
! 7 Warning Signs
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What is I-Hwa Indusstrial Co Cyclically Adjusted PS Ratio?

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 1.23 1.26 1.31 1.18 0.98

I-Hwa Indusstrial Co 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 0.98 0.91 0.98 0.98 1.03

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
65GF 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 Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, I-Hwa Indusstrial Co'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)
=1.585/333.9520*333.9520
=1.585

Current CPI (Jun. 2026) = 333.9520.

I-Hwa Indusstrial Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.302 241.428 1.801
201612 6.712 241.432 9.284
201703 1.946 243.801 2.666
201706 2.266 244.955 3.089
201709 1.908 246.819 2.582
201712 4.643 246.524 6.290
201803 0.960 249.554 1.285
201806 1.220 251.989 1.617
201809 1.641 252.439 2.171
201812 1.240 251.233 1.648
201903 2.085 254.202 2.739
201906 2.929 256.143 3.819
201909 1.299 256.759 1.690
201912 5.077 256.974 6.598
202003 1.176 258.115 1.522
202006 1.430 257.797 1.852
202009 1.619 260.280 2.077
202012 3.419 260.474 4.383
202103 5.799 264.877 7.311
202106 9.010 271.696 11.075
202109 7.723 274.310 9.402
202112 2.661 278.802 3.187
202203 1.251 287.504 1.453
202206 2.462 296.311 2.775
202209 1.428 296.808 1.607
202212 1.446 296.797 1.627
202303 1.339 301.836 1.481
202306 9.851 305.109 10.782
202309 4.271 307.789 4.634
202312 2.514 306.746 2.737
202403 2.993 312.332 3.200
202406 2.755 314.175 2.928
202409 3.253 315.301 3.445
202412 2.120 315.605 2.243
202503 1.748 319.799 1.825
202506 3.162 322.561 3.274
202509 1.722 324.800 1.771
202512 2.210 324.054 2.278
202603 2.336 330.213 2.362
202606 1.585 333.952 1.585

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.

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$14.05 is trading 35.2% above its estimated GF Value™ of NT$10.39. GuruFocus considers I-Hwa Indusstrial Co to be Significantly Overvalued.

Key valuation signals for TPE:1456:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: NT$10.39 vs. price of NT$14.05 (35.2% above fair value)
  • GF Score™: 65/100 with 7 warning signs

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.
65GF 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$14.05
Price
NT$10.39
GF Value