Chang Type Industrial Co (TPE:1541) Cyclically Adjusted PS Ratio: 0.36 (As of Jul. 27, 2026) — 41% Below Median

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TPE:1541 Chang Type Industrial Co Ltd TPE:1541
70 GF Score
Price NT$22.00
GF Value NT$32.24
Valuation Possible Value Trap
! 2 Warning Signs
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What is Chang Type Industrial Co Cyclically Adjusted PS Ratio?

Chang Type Industrial Co TPE:1541 -0.23% 70 Cyclically Adjusted PS Ratio is 0.36 as of Jul. 27, 2026, which is 41% below its 10-year median of 0.61. GuruFocus rates TPE:1541 with a GF Score™ of 70/100 and a GF Value™ of NT$32.24 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,301 Industrial Products companies, Chang Type Industrial Co ranks better than 87.31% on this metric.

As of today (2026-07-27), Chang Type Industrial Co's current share price is NT$22.00. Chang Type Industrial Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$61.25. Chang Type Industrial Co's Cyclically Adjusted PS Ratio for today is 0.36.

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

TPE:1541' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.61   Max: 1.51
Current: 0.36

During the past years, Chang Type Industrial Co's highest Cyclically Adjusted PS Ratio was 1.51. The lowest was 0.34. And the median was 0.61.

TPE:1541's Cyclically Adjusted PS Ratio is ranked better than
87.31% of 2301 companies
in the Industrial Products industry
Industry Median: 1.71 vs TPE:1541: 0.36

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.

Chang Type Industrial Co's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$9.386. 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$61.25 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chang Type Industrial Co  (TPE:1541) 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.


Chang Type Industrial Co Cyclically Adjusted PS Ratio Related Terms


Chang Type Industrial Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Chang Type 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.

Chang Type Industrial Co Cyclically Adjusted PS Ratio Chart

Chang Type 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 0.88 0.60 0.56 0.46 0.38

Chang Type 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 0.46 0.44 0.50 0.42 0.38

TPE:1541 vs SNA, RBC, SWK: Cyclically Adjusted PS Ratio Comparison

For the Tools & Accessories subindustry, Chang Type 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.


Chang Type Industrial Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


TPE:1541
70GF Score
Chang Type Industrial Co Ltd TPE:1541
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chang Type 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.00/61.25
=0.36

* 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.

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

For example, Chang Type 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)
=9.386/324.0540*324.0540
=9.386

Current CPI (Dec. 2025) = 324.0540.

Chang Type Industrial Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 10.939 238.132 14.886
201606 10.301 241.018 13.850
201609 12.364 241.428 16.595
201612 11.173 241.432 14.997
201703 10.616 243.801 14.111
201706 10.553 244.955 13.961
201709 12.797 246.819 16.801
201712 12.230 246.524 16.076
201803 9.162 249.554 11.897
201806 12.305 251.989 15.824
201809 12.790 252.439 16.418
201812 11.149 251.233 14.381
201903 11.550 254.202 14.724
201906 15.439 256.143 19.532
201909 15.115 256.759 19.077
201912 11.136 256.974 14.043
202003 14.087 258.115 17.686
202006 15.210 257.797 19.119
202009 18.486 260.280 23.015
202012 19.169 260.474 23.848
202103 16.236 264.877 19.863
202106 18.188 271.696 21.693
202109 22.555 274.310 26.645
202112 22.068 278.802 25.650
202203 20.130 287.504 22.689
202206 12.888 296.311 14.095
202209 10.101 296.808 11.028
202212 8.346 296.797 9.112
202303 7.449 301.836 7.997
202306 12.098 305.109 12.849
202309 9.552 307.789 10.057
202312 13.831 306.746 14.611
202403 9.156 312.332 9.500
202406 10.428 314.175 10.756
202409 8.946 315.301 9.194
202412 9.353 315.605 9.603
202503 10.757 319.799 10.900
202506 14.111 322.561 14.176
202509 11.856 324.800 11.829
202512 9.386 324.054 9.386

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 0.36 mean?
Chang Type Industrial Co (TPE:1541) has a Cyclically Adjusted PS Ratio of 0.36 as of Jul. 27, 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 Chang Type Industrial Co and its competitors. This is 41% below median its historical median of 0.61. Over the past decade, Chang Type Industrial Co's Cyclically Adjusted PS Ratio has ranged from 0.34 to 1.51. According to the industry distribution chart, Chang Type Industrial Co ranks #292 out of 2301 companies in the Industrial Products industry, placing it in the top 12.7%.
Is Chang Type Industrial Co's Cyclically Adjusted PS Ratio too high?
Chang Type Industrial Co's current Cyclically Adjusted PS Ratio of 0.36 is 41% below median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 1.51. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.71. Chang Type Industrial Co's value of 0.36 is 78.9% below this industry median. Based on the distribution chart, Chang Type Industrial Co ranks #292 out of 2301 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Chang Type Industrial Co has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chang Type Industrial Co's Cyclically Adjusted PS Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Chang Type Industrial Co ranks #292 out of 2301 companies for Cyclically Adjusted PS Ratio. This places Chang Type Industrial Co in the top 13% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.71. Chang Type Industrial Co's value of 0.36 is 78.9% below this benchmark. Historically, Chang Type Industrial Co's own Cyclically Adjusted PS Ratio has ranged from 0.34 to 1.51 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 1.71, Chang Type Industrial 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.71, based on 2,301 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. Chang Type Industrial Co's current Cyclically Adjusted PS Ratio of 0.36 is 78.9% 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 Chang Type Industrial Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chang Type Industrial Co's current Cyclically Adjusted PS Ratio is 0.36, which is 41% below median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chang Type Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Chang Type Industrial Co (TPE:1541) is currently considered Possible Value Trap. The stock's GF Value™ is NT$32.24, compared to a current price of NT$22.00 — trading 31.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.36, which is 41% below median its 10-year median of 0.61 and 78.9% below the Industrial Products industry median of 1.71. Chang Type Industrial Co's overall GF Score™ is 70/100 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 Chang Type Industrial Co (TPE:1541), the current Cyclically Adjusted PS Ratio is 0.36 as of Jul. 27, 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 Chang Type Industrial Co (TPE:1541) Overvalued in 2026?

Based on GuruFocus' analysis, Chang Type Industrial Co stock appears to be undervalued. The current stock price of NT$22.00 is trading 31.8% below its estimated GF Value™ of NT$32.24. GuruFocus considers Chang Type Industrial Co to be Possible Value Trap.

Key valuation signals for TPE:1541:

  • Cyclically Adjusted PS Ratio: 0.36 (41% below median its 10-year median of 0.61)
  • GF Value™: NT$32.24 vs. price of NT$22.00 (31.8% below fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 78.9% below the Industrial Products median (#292 of 2301)

No single metric tells the full story. See the TPE:1541 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chang Type Industrial Co Business Description

Address No 41, Nan-Tsuen Road, Ho-Li, Taichung, TWN, 42127
Chang Type Industrial Co Ltd manufacture, process and sell hand tools, electric machines, motors, power tools, automatic control system, computer machinery, electric test instruments, woodworking machines and metal parts. It is also the agent to import and export raw materials for all related products mentioned above and to design various molds and fixtures.
70GF Score

Get the complete analysis for TPE:1541

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

NT$22.00
Price
NT$32.24
GF Value