Ho Tung Chemical (TPE:1714) Cyclically Adjusted PS Ratio: 0.47 (As of Aug. 03, 2026) — 96% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:1714 Ho Tung Chemical Corp TPE:1714
64 GF Score
Price NT$14.35
GF Value NT$10.77
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Ho Tung Chemical Cyclically Adjusted PS Ratio?

Ho Tung Chemical TPE:1714 +9.96% 64 Cyclically Adjusted PS Ratio is 0.47 as of Aug. 03, 2026, which is 96% above its 10-year median of 0.24. GuruFocus rates TPE:1714 with a GF Score™ of 64/100 and a GF Value™ of NT$10.77 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,275 Chemicals companies, Ho Tung Chemical ranks better than 82.43% on this metric.

As of today (2026-08-03), Ho Tung Chemical's current share price is NT$14.35. Ho Tung Chemical's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$30.80. Ho Tung Chemical's Cyclically Adjusted PS Ratio for today is 0.47.

The historical rank and industry rank for Ho Tung Chemical's Cyclically Adjusted PS Ratio or its related term are showing as below:

TPE:1714' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.24   Max: 0.74
Current: 0.42

During the past years, Ho Tung Chemical's highest Cyclically Adjusted PS Ratio was 0.74. The lowest was 0.13. And the median was 0.24.

TPE:1714's Cyclically Adjusted PS Ratio is ranked better than
82.43% of 1275 companies
in the Chemicals industry
Industry Median: 1.28 vs TPE:1714: 0.42

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.

Ho Tung Chemical's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$7.264. 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$30.80 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ho Tung Chemical  (TPE:1714) 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.


Ho Tung Chemical Cyclically Adjusted PS Ratio Related Terms


Ho Tung Chemical Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ho Tung Chemical'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.

Ho Tung Chemical Cyclically Adjusted PS Ratio Chart

Ho Tung Chemical 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 0.22 0.25 0.25 0.27

Ho Tung Chemical 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 0.26 0.24 0.26 0.27 0.32

TPE:1714 vs DOW: Cyclically Adjusted PS Ratio Comparison

For the Chemicals subindustry, Ho Tung Chemical'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.


Ho Tung Chemical Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ho Tung Chemical's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ho Tung Chemical's Cyclically Adjusted PS Ratio falls into.


TPE:1714
64GF Score
Ho Tung Chemical Corp TPE:1714
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ho Tung Chemical 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.

Ho Tung Chemical's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.35/30.80
=0.47

* 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.

Ho Tung Chemical's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Ho Tung Chemical'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)
=7.264/330.2130*330.2130
=7.264

Current CPI (Mar. 2026) = 330.2130.

Ho Tung Chemical Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 7.756 241.018 10.626
201609 7.668 241.428 10.488
201612 8.964 241.432 12.260
201703 7.931 243.801 10.742
201706 7.529 244.955 10.150
201709 7.930 246.819 10.609
201712 7.820 246.524 10.475
201803 6.276 249.554 8.304
201806 8.528 251.989 11.175
201809 7.192 252.439 9.408
201812 8.065 251.233 10.600
201903 6.542 254.202 8.498
201906 7.095 256.143 9.147
201909 6.928 256.759 8.910
201912 6.333 256.974 8.138
202003 5.520 258.115 7.062
202006 9.226 257.797 11.818
202009 5.699 260.280 7.230
202012 5.492 260.474 6.962
202103 4.824 264.877 6.014
202106 5.041 271.696 6.127
202109 5.107 274.310 6.148
202112 5.179 278.802 6.134
202203 4.973 287.504 5.712
202206 5.997 296.311 6.683
202209 6.149 296.808 6.841
202212 5.419 296.797 6.029
202303 5.177 301.836 5.664
202306 4.697 305.109 5.083
202309 5.280 307.789 5.665
202312 5.130 306.746 5.522
202403 4.584 312.332 4.846
202406 5.197 314.175 5.462
202409 4.689 315.301 4.911
202412 5.974 315.605 6.251
202503 5.319 319.799 5.492
202506 5.817 322.561 5.955
202509 6.116 324.800 6.218
202512 7.215 324.054 7.352
202603 7.264 330.213 7.264

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 0.47 mean?
Ho Tung Chemical (TPE:1714) has a Cyclically Adjusted PS Ratio of 0.47 as of Aug. 03, 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 Ho Tung Chemical and its competitors. This is 96% above median its historical median of 0.24. Over the past decade, Ho Tung Chemical's Cyclically Adjusted PS Ratio has ranged from 0.13 to 0.74. According to the industry distribution chart, Ho Tung Chemical ranks #224 out of 1275 companies in the Chemicals industry, placing it in the top 17.6%.
Is Ho Tung Chemical's Cyclically Adjusted PS Ratio too high?
Ho Tung Chemical's current Cyclically Adjusted PS Ratio of 0.47 is 96% above median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.74. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.28. Ho Tung Chemical's value of 0.47 is 63.3% below this industry median. Based on the distribution chart, Ho Tung Chemical ranks #224 out of 1275 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Ho Tung Chemical has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ho Tung Chemical's Cyclically Adjusted PS Ratio compare to DOW?
According to the Chemicals industry distribution chart, Ho Tung Chemical ranks #224 out of 1275 companies for Cyclically Adjusted PS Ratio. This places Ho Tung Chemical in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.28. Ho Tung Chemical's value of 0.47 is 63.3% below this benchmark. Historically, Ho Tung Chemical's own Cyclically Adjusted PS Ratio has ranged from 0.13 to 0.74 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 1.28, Ho Tung Chemical 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.28, based on 1,275 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. Ho Tung Chemical's current Cyclically Adjusted PS Ratio of 0.47 is 63.3% 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 Ho Tung Chemical and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ho Tung Chemical's current Cyclically Adjusted PS Ratio is 0.47, which is 96% above median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ho Tung Chemical stock overvalued right now?
Based on GuruFocus' analysis, Ho Tung Chemical (TPE:1714) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$10.77, compared to a current price of NT$14.35 — trading 33.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.47, which is 96% above median its 10-year median of 0.24 and 63.3% below the Chemicals industry median of 1.28. Ho Tung Chemical's overall GF Score™ is 64/100 with 4 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 Ho Tung Chemical (TPE:1714), the current Cyclically Adjusted PS Ratio is 0.47 as of Aug. 03, 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 Ho Tung Chemical (TPE:1714) Overvalued in 2026?

Based on GuruFocus' analysis, Ho Tung Chemical stock appears to be overvalued. The current stock price of NT$14.35 is trading 33.2% above its estimated GF Value™ of NT$10.77. GuruFocus considers Ho Tung Chemical to be Significantly Overvalued.

Key valuation signals for TPE:1714:

  • Cyclically Adjusted PS Ratio: 0.47 (96% above median its 10-year median of 0.24)
  • GF Value™: NT$10.77 vs. price of NT$14.35 (33.2% above fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 63.3% below the Chemicals median (#224 of 1275)

No single metric tells the full story. See the TPE:1714 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ho Tung Chemical Business Description

Address No. 6, Section 1, Zhongxing Road, 8th Floor, Wugu District, New Taipei City, TWN, 248
Ho Tung Chemical Corp is engaged in the manufacturing, processing, and sales of chemicals such as normal paraffin, alkenes, etc. The company's key products comprise Paraffin, Linear Alkylbenzene, Anionic Surfactants, Cationic Surfactants, Non-ionic Surfactants, Amphoteric Surfactants, Solvents, and others. It also focuses on other businesses like oil, investment, and cement. The company's reportable segments include Chemicals, which derives the majority of its revenue from Oil Products, Cement, and Investments. Geographically, the company generates a majority of its revenue from China and the rest from Taiwan, other parts of Southeast Asia, and other regions.
64GF Score

Get the complete analysis for TPE:1714

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

NT$14.35
Price
NT$10.77
GF Value