First Copper Technology Co (TPE:2009) Cyclically Adjusted PS Ratio: 4.00 (As of Jul. 23, 2026) — 14% Above Median

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TPE:2009 First Copper Technology Co Ltd TPE:2009
73 GF Score
Price NT$37.85
GF Value NT$39.83
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is First Copper Technology Co Cyclically Adjusted PS Ratio?

First Copper Technology Co TPE:2009 +2.57% 73 Cyclically Adjusted PS Ratio is 4.00 as of Jul. 23, 2026, which is 14% above its 10-year median of 3.51. GuruFocus rates TPE:2009 with a GF Score™ of 73/100 and a GF Value™ of NT$39.83 (Fairly Valued). The stock has 5 warning signs investors should review. Among 574 Metals & Mining companies, First Copper Technology Co ranks worse than 67.25% on this metric.

As of today (2026-07-23), First Copper Technology Co's current share price is NT$37.85. First Copper Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$9.47. First Copper Technology Co's Cyclically Adjusted PS Ratio for today is 4.00.

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

TPE:2009' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 3.51   Max: 6.41
Current: 4

During the past years, First Copper Technology Co's highest Cyclically Adjusted PS Ratio was 6.41. The lowest was 0.49. And the median was 3.51.

TPE:2009's Cyclically Adjusted PS Ratio is ranked worse than
67.25% of 574 companies
in the Metals & Mining industry
Industry Median: 2.045 vs TPE:2009: 4.00

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.

First Copper Technology Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$2.221. 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$9.47 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


First Copper Technology Co  (TPE:2009) 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.


First Copper Technology Co Cyclically Adjusted PS Ratio Related Terms


First Copper Technology Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for First Copper Technology 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.

First Copper Technology Co Cyclically Adjusted PS Ratio Chart

First Copper Technology 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 4.37 2.98 3.28 3.92 5.18

First Copper Technology 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 4.35 3.64 4.50 5.18 4.19

TPE:2009 vs SCCO, FCX: Cyclically Adjusted PS Ratio Comparison

For the Copper subindustry, First Copper Technology 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.


First Copper Technology Co Cyclically Adjusted PS Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, First Copper Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where First Copper Technology Co's Cyclically Adjusted PS Ratio falls into.


TPE:2009
73GF Score
First Copper Technology Co Ltd TPE:2009
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Copper Technology 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.

First Copper Technology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=37.85/9.47
=4.00

* 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.

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

For example, First Copper Technology 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)
=2.221/330.2130*330.2130
=2.221

Current CPI (Mar. 2026) = 330.2130.

First Copper Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.375 241.018 1.884
201609 1.758 241.428 2.405
201612 1.989 241.432 2.720
201703 1.942 243.801 2.630
201706 2.148 244.955 2.896
201709 2.059 246.819 2.755
201712 2.333 246.524 3.125
201803 2.188 249.554 2.895
201806 2.707 251.989 3.547
201809 2.048 252.439 2.679
201812 2.125 251.233 2.793
201903 1.649 254.202 2.142
201906 1.818 256.143 2.344
201909 1.875 256.759 2.411
201912 1.787 256.974 2.296
202003 1.547 258.115 1.979
202006 1.465 257.797 1.877
202009 1.531 260.280 1.942
202012 1.727 260.474 2.189
202103 1.915 264.877 2.387
202106 2.191 271.696 2.663
202109 2.325 274.310 2.799
202112 2.453 278.802 2.905
202203 2.164 287.504 2.485
202206 1.897 296.311 2.114
202209 1.992 296.808 2.216
202212 1.719 296.797 1.913
202303 1.745 301.836 1.909
202306 1.764 305.109 1.909
202309 1.900 307.789 2.038
202312 2.011 306.746 2.165
202403 1.811 312.332 1.915
202406 2.522 314.175 2.651
202409 2.207 315.301 2.311
202412 2.198 315.605 2.300
202503 1.715 319.799 1.771
202506 2.206 322.561 2.258
202509 2.205 324.800 2.242
202512 1.969 324.054 2.006
202603 2.221 330.213 2.221

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 4.00 mean?
First Copper Technology Co (TPE:2009) has a Cyclically Adjusted PS Ratio of 4.00 as of Jul. 23, 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 First Copper Technology Co and its competitors. This is 14% above median its historical median of 3.51. Over the past decade, First Copper Technology Co's Cyclically Adjusted PS Ratio has ranged from 0.49 to 6.41. According to the industry distribution chart, First Copper Technology Co ranks #386 out of 574 companies in the Metals & Mining industry, placing it in the top 67.2%.
Is First Copper Technology Co's Cyclically Adjusted PS Ratio too high?
First Copper Technology Co's current Cyclically Adjusted PS Ratio of 4.00 is 14% above median its 10-year median of 3.51. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 6.41. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.05. First Copper Technology Co's value of 4.00 is 95.6% above this industry median. Based on the distribution chart, First Copper Technology Co ranks #386 out of 574 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, First Copper Technology Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does First Copper Technology Co's Cyclically Adjusted PS Ratio compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, First Copper Technology Co ranks #386 out of 574 companies for Cyclically Adjusted PS Ratio. This places First Copper Technology Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.05. First Copper Technology Co's value of 4.00 is 95.6% above this benchmark. Historically, First Copper Technology Co's own Cyclically Adjusted PS Ratio has ranged from 0.49 to 6.41 over the past decade. While the company's 10-year median is 3.51 vs. the industry median of 2.05, First Copper Technology 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 a Metals & Mining company?
The median Cyclically Adjusted PS Ratio among Metals & Mining companies is 2.05, based on 574 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. First Copper Technology Co's current Cyclically Adjusted PS Ratio of 4.00 is 95.6% 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 First Copper Technology Co and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Copper Technology Co's current Cyclically Adjusted PS Ratio is 4.00, which is 14% above median its own 10-year median of 3.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Copper Technology Co stock overvalued right now?
Based on GuruFocus' analysis, First Copper Technology Co (TPE:2009) is currently considered Fairly Valued. The stock's GF Value™ is NT$39.83, compared to a current price of NT$37.85 — trading 5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.00, which is 14% above median its 10-year median of 3.51 and 95.6% above the Metals & Mining industry median of 2.05. First Copper Technology Co's overall GF Score™ is 73/100 with 5 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 First Copper Technology Co (TPE:2009), the current Cyclically Adjusted PS Ratio is 4.00 as of Jul. 23, 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 First Copper Technology Co (TPE:2009) Overvalued in 2026?

Based on GuruFocus' analysis, First Copper Technology Co stock appears to be undervalued. The current stock price of NT$37.85 is trading 5% below its estimated GF Value™ of NT$39.83. GuruFocus considers First Copper Technology Co to be Fairly Valued.

Key valuation signals for TPE:2009:

  • Cyclically Adjusted PS Ratio: 4.00 (14% above median its 10-year median of 3.51)
  • GF Value™: NT$39.83 vs. price of NT$37.85 (5% below fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 95.6% above the Metals & Mining median (#386 of 574)

No single metric tells the full story. See the TPE:2009 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Copper Technology Co Business Description

Address No. 170, Chung Cheng 4th Road, 4th Floor, Chien Chin District, Kaohsiung, TWN
First Copper Technology Co Ltd is Taiwan based company. The company is engaged in the manufacture and sale of copper wire and copper plate, and the processing of scrap iron and copper. Geographically the company earns revenue in Taiwan, Mainland China, Japan, and others.
73GF Score

Get the complete analysis for TPE:2009

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

NT$37.85
Price
NT$39.83
GF Value