Johnson Health Tech Co (TPE:1736) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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TPE:1736 Johnson Health Tech Co Ltd TPE:1736
85 GF Score
Price NT$123.00
GF Value NT$159.63
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Johnson Health Tech Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Johnson Health Tech Co  (TPE:1736) 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.


Johnson Health Tech Co Cyclically Adjusted PS Ratio Related Terms


Johnson Health Tech Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Johnson Health Tech 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.

Johnson Health Tech Co Cyclically Adjusted PS Ratio Chart

Johnson Health Tech 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 0.73 0.80 0.72 1.72 1.26

Johnson Health Tech Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.53 1.49 1.25 0.97 0.97

TPE:1736 vs AS, HAS, LTH: Cyclically Adjusted PS Ratio Comparison

For the Leisure subindustry, Johnson Health Tech 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.


Johnson Health Tech Co Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Johnson Health Tech Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Johnson Health Tech Co's Cyclically Adjusted PS Ratio falls into.


TPE:1736
85GF Score
Johnson Health Tech Co Ltd TPE:1736
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Johnson Health Tech 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.

Johnson Health Tech Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Johnson Health Tech Co's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=43.722/333.9520*333.9520
=43.722

Current CPI (Jun. 2026) = 333.9520.

Johnson Health Tech Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 16.915 241.428 23.397
201612 20.924 241.432 28.942
201703 14.646 243.801 20.062
201706 13.350 244.955 18.200
201709 15.334 246.819 20.747
201712 20.983 246.524 28.424
201803 14.797 249.554 19.801
201806 14.897 251.989 19.742
201809 17.842 252.439 23.603
201812 24.241 251.233 32.222
201903 17.606 254.202 23.129
201906 18.497 256.143 24.116
201909 20.314 256.759 26.421
201912 27.262 256.974 35.428
202003 18.265 258.115 23.631
202006 18.599 257.797 24.093
202009 24.718 260.280 31.714
202012 32.143 260.474 41.210
202103 24.024 264.877 30.289
202106 21.652 271.696 26.613
202109 23.851 274.310 29.037
202112 32.192 278.802 38.560
202203 24.874 287.504 28.893
202206 21.703 296.311 24.460
202209 26.534 296.808 29.855
202212 37.970 296.797 42.723
202303 23.225 301.836 25.696
202306 28.510 305.109 31.205
202309 31.942 307.789 34.657
202312 41.998 306.746 45.723
202403 26.496 312.332 28.330
202406 34.028 314.175 36.170
202409 39.852 315.301 42.209
202412 57.279 315.605 60.609
202503 34.980 319.799 36.528
202506 40.560 322.561 41.992
202509 39.685 324.800 40.803
202512 63.784 324.054 65.732
202603 38.857 330.213 39.297
202606 43.722 333.952 43.722

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.

Is Johnson Health Tech Co (TPE:1736) Overvalued in 2026?

Based on GuruFocus' analysis, Johnson Health Tech Co stock appears to be undervalued. The current stock price of NT$123.00 is trading 22.9% below its estimated GF Value™ of NT$159.63. GuruFocus considers Johnson Health Tech Co to be Modestly Undervalued.

Key valuation signals for TPE:1736:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: NT$159.63 vs. price of NT$123.00 (22.9% below fair value)
  • GF Score™: 85/100 with 1 warning sign

No single metric tells the full story. See the TPE:1736 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Johnson Health Tech Co Business Description

Address No. 999, Dongda Road, Section 2, Daya District, Taichung, TWN, 428314
Johnson Health Tech Co Ltd is engaged in the manufacturing and selling of sports equipment, cardio equipment, weight training equipment, and related electronic components. It operates in a single industry segment with four strategic segments: American segment: In charge of selling cardiovascular equipment and research and development of training equipment in America; European segment: In charge of selling cardiovascular equipment in Europe; Asian segment: In charge of manufacturing and selling Fuji massage chairs, cardiovascular equipment and weight training equipment in Asia, and franchising the import and export of the above-mentioned products; and Others: In charge of selling cardiovascular machinery in other areas. Geographically, it operates in the Americas, Europe, Asia, and Other.
85GF Score

Get the complete analysis for TPE:1736

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

NT$123.00
Price
NT$159.63
GF Value