Taiwan Fertilizer Co (TPE:1722) Cyclically Adjusted PS Ratio: 3.03 (As of Jul. 29, 2026) — 10% Below Median

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TPE:1722 Taiwan Fertilizer Co Ltd TPE:1722
79 GF Score
Price NT$46.05
GF Value NT$49.44
Valuation Fairly Valued
! 7 Warning Signs
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What is Taiwan Fertilizer Co Cyclically Adjusted PS Ratio?

Taiwan Fertilizer Co TPE:1722 -1.39% 79 Cyclically Adjusted PS Ratio is 3.03 as of Jul. 29, 2026, which is 10% below its 10-year median of 3.36. GuruFocus rates TPE:1722 with a GF Score™ of 79/100 and a GF Value™ of NT$49.44 (Fairly Valued). The stock has 7 warning signs investors should review. Among 198 Agriculture companies, Taiwan Fertilizer Co ranks worse than 80.81% on this metric.

As of today (2026-07-29), Taiwan Fertilizer Co's current share price is NT$46.05. Taiwan Fertilizer Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$15.21. Taiwan Fertilizer Co's Cyclically Adjusted PS Ratio for today is 3.03.

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

TPE:1722' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.5   Med: 3.36   Max: 4.8
Current: 3.05

During the past years, Taiwan Fertilizer Co's highest Cyclically Adjusted PS Ratio was 4.80. The lowest was 2.50. And the median was 3.36.

TPE:1722's Cyclically Adjusted PS Ratio is ranked worse than
80.81% of 198 companies
in the Agriculture industry
Industry Median: 0.925 vs TPE:1722: 3.05

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.

Taiwan Fertilizer Co's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$2.779. 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$15.21 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Fertilizer Co  (TPE:1722) 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.


Taiwan Fertilizer Co Cyclically Adjusted PS Ratio Related Terms


Taiwan Fertilizer Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Taiwan Fertilizer 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.

Taiwan Fertilizer Co Cyclically Adjusted PS Ratio Chart

Taiwan Fertilizer 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 4.25 3.22 4.07 3.20 3.14

Taiwan Fertilizer 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 3.20 3.18 3.34 3.14 3.14

TPE:1722 vs CTVA, CF, MOS: Cyclically Adjusted PS Ratio Comparison

For the Agricultural Inputs subindustry, Taiwan Fertilizer 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.


Taiwan Fertilizer Co Cyclically Adjusted PS Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Taiwan Fertilizer Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TPE:1722
79GF Score
Taiwan Fertilizer Co Ltd TPE:1722
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Fertilizer 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.

Taiwan Fertilizer Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=46.05/15.21
=3.03

* 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.

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

For example, Taiwan Fertilizer 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)
=2.779/324.0540*324.0540
=2.779

Current CPI (Dec. 2025) = 324.0540.

Taiwan Fertilizer Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 3.253 238.132 4.427
201606 2.921 241.018 3.927
201609 3.269 241.428 4.388
201612 2.470 241.432 3.315
201703 3.314 243.801 4.405
201706 2.872 244.955 3.799
201709 2.857 246.819 3.751
201712 2.849 246.524 3.745
201803 3.234 249.554 4.199
201806 2.994 251.989 3.850
201809 3.018 252.439 3.874
201812 3.190 251.233 4.115
201903 3.569 254.202 4.550
201906 3.075 256.143 3.890
201909 3.124 256.759 3.943
201912 3.411 256.974 4.301
202003 3.082 258.115 3.869
202006 2.495 257.797 3.136
202009 2.638 260.280 3.284
202012 2.191 260.474 2.726
202103 3.004 264.877 3.675
202106 2.678 271.696 3.194
202109 3.128 274.310 3.695
202112 5.121 278.802 5.952
202203 4.161 287.504 4.690
202206 3.848 296.311 4.208
202209 3.781 296.808 4.128
202212 3.572 296.797 3.900
202303 3.499 301.836 3.757
202306 6.134 305.109 6.515
202309 2.993 307.789 3.151
202312 2.683 306.746 2.834
202403 3.360 312.332 3.486
202406 2.979 314.175 3.073
202409 3.003 315.301 3.086
202412 2.754 315.605 2.828
202503 3.398 319.799 3.443
202506 3.090 322.561 3.104
202509 3.065 324.800 3.058
202512 2.779 324.054 2.779

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 3.03 mean?
Taiwan Fertilizer Co (TPE:1722) has a Cyclically Adjusted PS Ratio of 3.03 as of Jul. 29, 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 Taiwan Fertilizer Co and its competitors. This is 10% below median its historical median of 3.36. Over the past decade, Taiwan Fertilizer Co's Cyclically Adjusted PS Ratio has ranged from 2.50 to 4.80. According to the industry distribution chart, Taiwan Fertilizer Co ranks #160 out of 198 companies in the Agriculture industry, placing it in the top 80.8%.
Is Taiwan Fertilizer Co's Cyclically Adjusted PS Ratio too high?
Taiwan Fertilizer Co's current Cyclically Adjusted PS Ratio of 3.03 is 10% below median its 10-year median of 3.36. Over the past 10 years, this metric has ranged from a low of 2.50 to a high of 4.80. The Agriculture industry median Cyclically Adjusted PS Ratio is 0.93. Taiwan Fertilizer Co's value of 3.03 is 227.6% above this industry median. Based on the distribution chart, Taiwan Fertilizer Co ranks #160 out of 198 companies in the Agriculture industry, which is in the bottom quartile relative to peers. Overall, Taiwan Fertilizer Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Fertilizer Co's Cyclically Adjusted PS Ratio compare to CTVA and CF?
According to the Agriculture industry distribution chart, Taiwan Fertilizer Co ranks #160 out of 198 companies for Cyclically Adjusted PS Ratio. This places Taiwan Fertilizer Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.93. Taiwan Fertilizer Co's value of 3.03 is 227.6% above this benchmark. Historically, Taiwan Fertilizer Co's own Cyclically Adjusted PS Ratio has ranged from 2.50 to 4.80 over the past decade. While the company's 10-year median is 3.36 vs. the industry median of 0.93, Taiwan Fertilizer 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 an Agriculture company?
The median Cyclically Adjusted PS Ratio among Agriculture companies is 0.93, based on 198 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. Taiwan Fertilizer Co's current Cyclically Adjusted PS Ratio of 3.03 is 227.6% 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 Taiwan Fertilizer Co and its competitors. For the Agriculture industry, the median Cyclically Adjusted PS Ratio is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Fertilizer Co's current Cyclically Adjusted PS Ratio is 3.03, which is 10% below median its own 10-year median of 3.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Fertilizer Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Fertilizer Co (TPE:1722) is currently considered Fairly Valued. The stock's GF Value™ is NT$49.44, compared to a current price of NT$46.05 — trading 6.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.03, which is 10% below median its 10-year median of 3.36 and 227.6% above the Agriculture industry median of 0.93. Taiwan Fertilizer Co's overall GF Score™ is 79/100 with 7 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 Taiwan Fertilizer Co (TPE:1722), the current Cyclically Adjusted PS Ratio is 3.03 as of Jul. 29, 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 Taiwan Fertilizer Co (TPE:1722) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Fertilizer Co stock appears to be undervalued. The current stock price of NT$46.05 is trading 6.9% below its estimated GF Value™ of NT$49.44. GuruFocus considers Taiwan Fertilizer Co to be Fairly Valued.

Key valuation signals for TPE:1722:

  • Cyclically Adjusted PS Ratio: 3.03 (10% below median its 10-year median of 3.36)
  • GF Value™: NT$49.44 vs. price of NT$46.05 (6.9% below fair value)
  • GF Score™: 79/100 with 7 warning signs
  • Industry Position: 227.6% above the Agriculture median (#160 of 198)

No single metric tells the full story. See the TPE:1722 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Fertilizer Co Business Description

Address No. 170, Jingmao 1st Road, 115 Floor 17, Nangang District, Taipei, TWN, 115018
Taiwan Fertilizer Co Ltd is involved in the manufacture and sale of fertilizers as well as real estate construction and leasing. The company reports two operating segments: fertilizers and chemical and real estate and investment business. The Fertilizer and Chemical segment generates the vast majority of revenue through the manufacture and sale of inorganic and organic fertilizers and other chemical products. The real estate and investment segment includes the construction and leasing of real estate. The Other segment consists of multiple subsidiaries across the investment, retail, biotechnology services, and grocery industries.
79GF Score

Get the complete analysis for TPE:1722

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

NT$46.05
Price
NT$49.44
GF Value