Triocean Industrial Co (TPE:1472) Cyclically Adjusted PS Ratio: 1.85 (As of Jul. 28, 2026) — 99% Above Median

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TPE:1472 Triocean Industrial Corp Co Ltd TPE:1472
80 GF Score
Price NT$89.40
GF Value NT$78.48
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Triocean Industrial Co Cyclically Adjusted PS Ratio?

Triocean Industrial Co TPE:1472 80 Cyclically Adjusted PS Ratio is 1.85 as of Jul. 28, 2026, which is 99% above its 10-year median of 0.93. GuruFocus rates TPE:1472 with a GF Score™ of 80/100 and a GF Value™ of NT$78.48 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,357 Construction companies, Triocean Industrial Co ranks worse than 78.85% on this metric.

As of today (2026-07-28), Triocean Industrial Co's current share price is NT$89.40. Triocean Industrial Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$48.23. Triocean Industrial Co's Cyclically Adjusted PS Ratio for today is 1.85.

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

TPE:1472' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.93   Max: 2.32
Current: 1.86

During the past years, Triocean Industrial Co's highest Cyclically Adjusted PS Ratio was 2.32. The lowest was 0.38. And the median was 0.93.

TPE:1472's Cyclically Adjusted PS Ratio is ranked worse than
78.85% of 1357 companies
in the Construction industry
Industry Median: 0.7 vs TPE:1472: 1.86

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.

Triocean Industrial Co's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$15.347. 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$48.23 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Triocean Industrial Co  (TPE:1472) 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.


Triocean Industrial Co Cyclically Adjusted PS Ratio Related Terms


Triocean Industrial Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Triocean Industrial 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.

Triocean Industrial Co Cyclically Adjusted PS Ratio Chart

Triocean Industrial 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 0.75 0.50 1.32 1.41 1.82

Triocean Industrial Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1.41 2.16 1.95 1.88 1.82

TPE:1472 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Triocean Industrial 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.


Triocean Industrial Co Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Triocean Industrial Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TPE:1472
80GF Score
Triocean Industrial Corp Co Ltd TPE:1472
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Triocean Industrial 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.

Triocean Industrial Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=89.40/48.23
=1.85

* 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.

Triocean Industrial Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Triocean Industrial Co's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=15.347/324.0540*324.0540
=15.347

Current CPI (Dec. 2025) = 324.0540.

Triocean Industrial Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 6.002 238.132 8.168
201606 7.468 241.018 10.041
201609 10.366 241.428 13.914
201612 10.829 241.432 14.535
201703 12.288 243.801 16.333
201706 6.738 244.955 8.914
201709 16.120 246.819 21.164
201712 17.119 246.524 22.503
201803 14.166 249.554 18.395
201806 8.875 251.989 11.413
201809 13.539 252.439 17.380
201812 9.568 251.233 12.341
201903 6.077 254.202 7.747
201906 4.571 256.143 5.783
201909 9.786 256.759 12.351
201912 9.473 256.974 11.946
202003 4.702 258.115 5.903
202006 3.921 257.797 4.929
202009 2.077 260.280 2.586
202012 0.237 260.474 0.295
202103 0.966 264.877 1.182
202106 6.469 271.696 7.716
202109 6.604 274.310 7.802
202112 8.328 278.802 9.680
202203 7.770 287.504 8.758
202206 9.790 296.311 10.707
202209 8.675 296.808 9.471
202212 18.599 296.797 20.307
202303 9.859 301.836 10.585
202306 21.443 305.109 22.774
202309 13.510 307.789 14.224
202312 14.318 306.746 15.126
202403 13.482 312.332 13.988
202406 12.458 314.175 12.850
202409 11.141 315.301 11.450
202412 12.860 315.605 13.204
202503 17.338 319.799 17.569
202506 16.592 322.561 16.669
202509 16.301 324.800 16.264
202512 15.347 324.054 15.347

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 1.85 mean?
Triocean Industrial Co (TPE:1472) has a Cyclically Adjusted PS Ratio of 1.85 as of Jul. 28, 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 Triocean Industrial Co and its competitors. This is 99% above median its historical median of 0.93. Over the past decade, Triocean Industrial Co's Cyclically Adjusted PS Ratio has ranged from 0.38 to 2.32. According to the industry distribution chart, Triocean Industrial Co ranks #1070 out of 1357 companies in the Construction industry, placing it in the top 78.9%.
Is Triocean Industrial Co's Cyclically Adjusted PS Ratio too high?
Triocean Industrial Co's current Cyclically Adjusted PS Ratio of 1.85 is 99% above median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 2.32. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Triocean Industrial Co's value of 1.85 is 164.3% above this industry median. Based on the distribution chart, Triocean Industrial Co ranks #1070 out of 1357 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Triocean Industrial Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Triocean Industrial Co's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Triocean Industrial Co ranks #1070 out of 1357 companies for Cyclically Adjusted PS Ratio. This places Triocean Industrial Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Triocean Industrial Co's value of 1.85 is 164.3% above this benchmark. Historically, Triocean Industrial Co's own Cyclically Adjusted PS Ratio has ranged from 0.38 to 2.32 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 0.70, Triocean Industrial 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,357 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. Triocean Industrial Co's current Cyclically Adjusted PS Ratio of 1.85 is 164.3% 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 Triocean Industrial Co and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Triocean Industrial Co's current Cyclically Adjusted PS Ratio is 1.85, which is 99% above median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Triocean Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Triocean Industrial Co (TPE:1472) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$78.48, compared to a current price of NT$89.40 — trading 13.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.85, which is 99% above median its 10-year median of 0.93 and 164.3% above the Construction industry median of 0.70. Triocean Industrial Co's overall GF Score™ is 80/100 with 2 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 Triocean Industrial Co (TPE:1472), the current Cyclically Adjusted PS Ratio is 1.85 as of Jul. 28, 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 Triocean Industrial Co (TPE:1472) Overvalued in 2026?

Based on GuruFocus' analysis, Triocean Industrial Co stock appears to be overvalued. The current stock price of NT$89.40 is trading 13.9% above its estimated GF Value™ of NT$78.48. GuruFocus considers Triocean Industrial Co to be Modestly Overvalued.

Key valuation signals for TPE:1472:

  • Cyclically Adjusted PS Ratio: 1.85 (99% above median its 10-year median of 0.93)
  • GF Value™: NT$78.48 vs. price of NT$89.40 (13.9% above fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 164.3% above the Construction median (#1070 of 1357)

No single metric tells the full story. See the TPE:1472 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Triocean Industrial Co Business Description

Address No. 360, Jiabao Road, 3rd Floor, Dashe District, Kaohsiung, TWN, 815006
Triocean Industrial Corp Co Ltd is engaged in the construction business. The company's business includes contracting repair/renovation projects, undertaking construction such as land preparation, infrastructure, installation of construction equipment, and construction, reconstruction, and repair of civil engineering projects. It mainly undertakes private residential projects, and cooperates with its subsidiary, to execute public engineering projects focusing on water and electrical works.
80GF Score

Get the complete analysis for TPE:1472

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

NT$89.40
Price
NT$78.48
GF Value