Johnson Health Tech Co (TPE:1736) Cyclically Adjusted PS Ratio: 0.99 (As of Jul. 31, 2026) — Near Median

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TPE:1736 Johnson Health Tech Co Ltd TPE:1736
84 GF Score
Price NT$123.00
GF Value NT$157.19
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Johnson Health Tech Co Cyclically Adjusted PS Ratio?

Johnson Health Tech Co TPE:1736 -3.53% 84 Cyclically Adjusted PS Ratio is 0.99 as of Jul. 31, 2026, which is 2% below its 10-year median of 1.01. GuruFocus rates TPE:1736 with a GF Score™ of 84/100 and a GF Value™ of NT$157.19 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 670 Travel & Leisure companies, Johnson Health Tech Co ranks better than 56.12% on this metric.

As of today (2026-07-31), Johnson Health Tech Co's current share price is NT$123.00. Johnson Health Tech Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$124.59. Johnson Health Tech Co's Cyclically Adjusted PS Ratio for today is 0.99.

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

TPE:1736' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.01   Max: 1.95
Current: 1.02

During the past years, Johnson Health Tech Co's highest Cyclically Adjusted PS Ratio was 1.95. The lowest was 0.58. And the median was 1.01.

TPE:1736's Cyclically Adjusted PS Ratio is ranked better than
56.12% of 670 companies
in the Travel & Leisure industry
Industry Median: 1.295 vs TPE:1736: 1.02

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.

Johnson Health Tech Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$38.857. 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$124.59 for the trailing ten years ended in Mar. 2026.

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 1.25

Johnson Health Tech 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 1.78 1.52 1.49 1.25 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
84GF Score
Johnson Health Tech Co Ltd TPE:1736
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=123.00/124.59
=0.99

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

For example, Johnson Health Tech 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)
=38.857/330.2130*330.2130
=38.857

Current CPI (Mar. 2026) = 330.2130.

Johnson Health Tech Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 13.618 241.018 18.658
201609 16.963 241.428 23.201
201612 20.886 241.432 28.566
201703 14.646 243.801 19.837
201706 13.311 244.955 17.944
201709 15.653 246.819 20.942
201712 20.983 246.524 28.106
201803 14.797 249.554 19.580
201806 14.855 251.989 19.466
201809 17.857 252.439 23.359
201812 24.241 251.233 31.862
201903 17.612 254.202 22.878
201906 18.501 256.143 23.851
201909 20.231 256.759 26.019
201912 27.124 256.974 34.854
202003 18.265 258.115 23.367
202006 18.585 257.797 23.806
202009 24.688 260.280 31.321
202012 32.212 260.474 40.836
202103 24.024 264.877 29.950
202106 19.157 271.696 23.283
202109 23.758 274.310 28.600
202112 32.192 278.802 38.128
202203 24.874 287.504 28.569
202206 21.769 296.311 24.260
202209 26.622 296.808 29.618
202212 37.954 296.797 42.227
202303 23.225 301.836 25.408
202306 28.500 305.109 30.845
202309 31.944 307.789 34.271
202312 41.998 306.746 45.211
202403 26.496 312.332 28.013
202406 33.878 314.175 35.607
202409 39.934 315.301 41.823
202412 57.193 315.605 59.840
202503 34.975 319.799 36.114
202506 40.681 322.561 41.646
202509 39.596 324.800 40.256
202512 63.703 324.054 64.914
202603 38.857 330.213 38.857

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 0.99 mean?
Johnson Health Tech Co (TPE:1736) has a Cyclically Adjusted PS Ratio of 0.99 as of Jul. 31, 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 Johnson Health Tech Co and its competitors. This is near median its historical median of 1.01. Over the past decade, Johnson Health Tech Co's Cyclically Adjusted PS Ratio has ranged from 0.58 to 1.95. According to the industry distribution chart, Johnson Health Tech Co ranks #294 out of 670 companies in the Travel & Leisure industry, placing it in the top 43.9%.
Is Johnson Health Tech Co's Cyclically Adjusted PS Ratio too high?
Johnson Health Tech Co's current Cyclically Adjusted PS Ratio of 0.99 is near median its 10-year median of 1.01. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 1.95. The Travel & Leisure industry median Cyclically Adjusted PS Ratio is 1.30. Johnson Health Tech Co's value of 0.99 is 23.6% below this industry median. Based on the distribution chart, Johnson Health Tech Co ranks #294 out of 670 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Johnson Health Tech Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Johnson Health Tech Co's Cyclically Adjusted PS Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Johnson Health Tech Co ranks #294 out of 670 companies for Cyclically Adjusted PS Ratio. This puts Johnson Health Tech Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.30. Johnson Health Tech Co's value of 0.99 is 23.6% below this benchmark. Historically, Johnson Health Tech Co's own Cyclically Adjusted PS Ratio has ranged from 0.58 to 1.95 over the past decade. While the company's 10-year median is 1.01 vs. the industry median of 1.30, Johnson Health Tech 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 Travel & Leisure company?
The median Cyclically Adjusted PS Ratio among Travel & Leisure companies is 1.30, based on 670 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. Johnson Health Tech Co's current Cyclically Adjusted PS Ratio of 0.99 is 23.6% 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 Johnson Health Tech Co and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PS Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Johnson Health Tech Co's current Cyclically Adjusted PS Ratio is 0.99, which is near median its own 10-year median of 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Johnson Health Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Johnson Health Tech Co (TPE:1736) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$157.19, compared to a current price of NT$123.00 — trading 21.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.99, which is near median its 10-year median of 1.01 and 23.6% below the Travel & Leisure industry median of 1.30. Johnson Health Tech Co's overall GF Score™ is 84/100 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 Johnson Health Tech Co (TPE:1736), the current Cyclically Adjusted PS Ratio is 0.99 as of Jul. 31, 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 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 21.8% below its estimated GF Value™ of NT$157.19. GuruFocus considers Johnson Health Tech Co to be Modestly Undervalued.

Key valuation signals for TPE:1736:

  • Cyclically Adjusted PS Ratio: 0.99 (near median its 10-year median of 1.01)
  • GF Value™: NT$157.19 vs. price of NT$123.00 (21.8% below fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 23.6% below the Travel & Leisure median (#294 of 670)

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.
84GF 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$157.19
GF Value