Tainan Enterprises Co (TPE:1473) Cyclically Adjusted PS Ratio: 0.33 (As of Jul. 30, 2026) — Near Median

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TPE:1473 Tainan Enterprises Co Ltd TPE:1473
68 GF Score
Price NT$19.75
GF Value NT$24.70
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Tainan Enterprises Co Cyclically Adjusted PS Ratio?

Tainan Enterprises Co TPE:1473 -1.50% 68 Cyclically Adjusted PS Ratio is 0.33 as of Jul. 30, 2026, which is 8% below its 10-year median of 0.36. GuruFocus rates TPE:1473 with a GF Score™ of 68/100 and a GF Value™ of NT$24.70 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 885 Manufacturing - Apparel & Accessories companies, Tainan Enterprises Co ranks better than 68.81% on this metric.

As of today (2026-07-30), Tainan Enterprises Co's current share price is NT$19.75. Tainan Enterprises Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$59.79. Tainan Enterprises Co's Cyclically Adjusted PS Ratio for today is 0.33.

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

TPE:1473' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.36   Max: 0.85
Current: 0.33

During the past years, Tainan Enterprises Co's highest Cyclically Adjusted PS Ratio was 0.85. The lowest was 0.26. And the median was 0.36.

TPE:1473's Cyclically Adjusted PS Ratio is ranked better than
68.81% of 885 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.64 vs TPE:1473: 0.33

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 Enterprises Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$13.472. 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$59.79 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tainan Enterprises Co  (TPE:1473) 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 Enterprises Co Cyclically Adjusted PS Ratio Related Terms


Tainan Enterprises Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tainan Enterprises 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 Enterprises Co Cyclically Adjusted PS Ratio Chart

Tainan Enterprises 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 0.27 0.32 0.46 0.56 0.41

Tainan Enterprises 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 0.56 0.43 0.42 0.41 0.40

TPE:1473 vs RL, LEVI, VFC: Cyclically Adjusted PS Ratio Comparison

For the Apparel Manufacturing subindustry, Tainan Enterprises 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 Enterprises Co Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


TPE:1473
68GF Score
Tainan Enterprises Co Ltd TPE:1473
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.75/59.79
=0.33

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

For example, Tainan Enterprises 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)
=13.472/330.2130*330.2130
=13.472

Current CPI (Mar. 2026) = 330.2130.

Tainan Enterprises Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 14.117 241.018 19.341
201609 18.077 241.428 24.725
201612 11.991 241.432 16.400
201703 14.902 243.801 20.184
201706 12.015 244.955 16.197
201709 16.868 246.819 22.567
201712 12.370 246.524 16.569
201803 15.093 249.554 19.971
201806 13.230 251.989 17.337
201809 17.246 252.439 22.559
201812 11.162 251.233 14.671
201903 14.506 254.202 18.844
201906 12.077 256.143 15.569
201909 15.366 256.759 19.762
201912 10.938 256.974 14.055
202003 13.546 258.115 17.330
202006 7.291 257.797 9.339
202009 11.650 260.280 14.780
202012 8.459 260.474 10.724
202103 11.655 264.877 14.530
202106 6.265 271.696 7.614
202109 11.208 274.310 13.492
202112 10.169 278.802 12.044
202203 15.899 287.504 18.261
202206 11.623 296.311 12.953
202209 12.800 296.808 14.241
202212 11.145 296.797 12.400
202303 11.936 301.836 13.058
202306 10.330 305.109 11.180
202309 11.558 307.789 12.400
202312 10.772 306.746 11.596
202403 15.817 312.332 16.723
202406 11.189 314.175 11.760
202409 12.419 315.301 13.006
202412 11.410 315.605 11.938
202503 17.026 319.799 17.580
202506 10.200 322.561 10.442
202509 9.543 324.800 9.702
202512 8.464 324.054 8.625
202603 13.472 330.213 13.472

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 0.33 mean?
Tainan Enterprises Co (TPE:1473) has a Cyclically Adjusted PS Ratio of 0.33 as of Jul. 30, 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 Enterprises Co and its competitors. This is near median its historical median of 0.36. Over the past decade, Tainan Enterprises Co's Cyclically Adjusted PS Ratio has ranged from 0.26 to 0.85. According to the industry distribution chart, Tainan Enterprises Co ranks #276 out of 885 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 31.2%.
Is Tainan Enterprises Co's Cyclically Adjusted PS Ratio too high?
Tainan Enterprises Co's current Cyclically Adjusted PS Ratio of 0.33 is near median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 0.85. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PS Ratio is 0.64. Tainan Enterprises Co's value of 0.33 is 48.4% below this industry median. Based on the distribution chart, Tainan Enterprises Co ranks #276 out of 885 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Tainan Enterprises Co has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tainan Enterprises Co's Cyclically Adjusted PS Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Tainan Enterprises Co ranks #276 out of 885 companies for Cyclically Adjusted PS Ratio. This puts Tainan Enterprises Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.64. Tainan Enterprises Co's value of 0.33 is 48.4% below this benchmark. Historically, Tainan Enterprises Co's own Cyclically Adjusted PS Ratio has ranged from 0.26 to 0.85 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 0.64, Tainan Enterprises 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PS Ratio among Manufacturing - Apparel & Accessories companies is 0.64, 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 Enterprises Co's current Cyclically Adjusted PS Ratio of 0.33 is 48.4% 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 Tainan Enterprises Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PS Ratio is 0.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tainan Enterprises Co's current Cyclically Adjusted PS Ratio is 0.33, which is near median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tainan Enterprises Co stock overvalued right now?
Based on GuruFocus' analysis, Tainan Enterprises Co (TPE:1473) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$24.70, compared to a current price of NT$19.75 — trading 20% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.33, which is near median its 10-year median of 0.36 and 48.4% below the Manufacturing - Apparel & Accessories industry median of 0.64. Tainan Enterprises Co's overall GF Score™ is 68/100 with 6 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 Enterprises Co (TPE:1473), the current Cyclically Adjusted PS Ratio is 0.33 as of Jul. 30, 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 Enterprises Co (TPE:1473) Overvalued in 2026?

Based on GuruFocus' analysis, Tainan Enterprises Co stock appears to be undervalued. The current stock price of NT$19.75 is trading 20% below its estimated GF Value™ of NT$24.70. GuruFocus considers Tainan Enterprises Co to be Modestly Undervalued.

Key valuation signals for TPE:1473:

  • Cyclically Adjusted PS Ratio: 0.33 (near median its 10-year median of 0.36)
  • GF Value™: NT$24.70 vs. price of NT$19.75 (20% below fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 48.4% below the Manufacturing - Apparel & Accessories median (#276 of 885)

No single metric tells the full story. See the TPE:1473 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tainan Enterprises Co Business Description

Address Han-Chou South Road, No.15-1, Sec.1, Taipei, TWN
Tainan Enterprises Co Ltd engages in the manufacturing, retail and export of various kinds of apparels (including woven and knitted garments) in Taiwan. It is principally involved in the manufacturing of all kinds of clothes. Its products include pants, shirts, dresses, skirts, jackets, vests, and coats. It has two segments namely: Garment production and Investment. Geographically the company distributes its services in Taiwan, the United States, Japan, China, Taiwan, Cambodia, Indonesia, Vietnam, Canada and Others, out of which it derives maximum revenue from United States.
68GF Score

Get the complete analysis for TPE:1473

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

NT$19.75
Price
NT$24.70
GF Value