Chih Lien Industrial Co (TPE:2024) Cyclically Adjusted PS Ratio: 0.89 (As of Aug. 03, 2026) — 18% Below Median

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TPE:2024 Chih Lien Industrial Co Ltd TPE:2024
64 GF Score
Price NT$13.70
GF Value NT$16.74
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Chih Lien Industrial Co Cyclically Adjusted PS Ratio?

Chih Lien Industrial Co TPE:2024 +1.11% 64 Cyclically Adjusted PS Ratio is 0.89 as of Aug. 03, 2026, which is 18% below its 10-year median of 1.09. GuruFocus rates TPE:2024 with a GF Score™ of 64/100 and a GF Value™ of NT$16.74 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 515 Steel companies, Chih Lien Industrial Co ranks worse than 69.71% on this metric.

As of today (2026-08-03), Chih Lien Industrial Co's current share price is NT$13.70. Chih Lien Industrial Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$15.47. Chih Lien Industrial Co's Cyclically Adjusted PS Ratio for today is 0.89.

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

TPE:2024' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.63   Med: 1.09   Max: 1.98
Current: 0.91

During the past years, Chih Lien Industrial Co's highest Cyclically Adjusted PS Ratio was 1.98. The lowest was 0.63. And the median was 1.09.

TPE:2024's Cyclically Adjusted PS Ratio is ranked worse than
69.71% of 515 companies
in the Steel industry
Industry Median: 0.45 vs TPE:2024: 0.91

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.

Chih Lien Industrial Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$2.393. 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$15.47 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chih Lien Industrial Co  (TPE:2024) 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.


Chih Lien Industrial Co Cyclically Adjusted PS Ratio Related Terms


Chih Lien Industrial Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Chih Lien Industrial 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.

Chih Lien Industrial Co Cyclically Adjusted PS Ratio Chart

Chih Lien Industrial 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 1.21 1.11 1.29 1.21 1.14

Chih Lien Industrial 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 1.14 1.10 1.07 1.14 0.95

TPE:2024 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Chih Lien Industrial 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.


Chih Lien Industrial Co Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Chih Lien Industrial Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Chih Lien Industrial Co's Cyclically Adjusted PS Ratio falls into.


TPE:2024
64GF Score
Chih Lien Industrial Co Ltd TPE:2024
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chih Lien Industrial 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.

Chih Lien Industrial Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.70/15.47
=0.89

* 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.

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

For example, Chih Lien Industrial 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)
=2.393/330.2130*330.2130
=2.393

Current CPI (Mar. 2026) = 330.2130.

Chih Lien Industrial Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.701 241.018 5.071
201609 3.432 241.428 4.694
201612 3.996 241.432 5.465
201703 3.570 243.801 4.835
201706 3.258 244.955 4.392
201709 4.054 246.819 5.424
201712 3.801 246.524 5.091
201803 3.896 249.554 5.155
201806 3.776 251.989 4.948
201809 3.898 252.439 5.099
201812 3.247 251.233 4.268
201903 3.178 254.202 4.128
201906 3.311 256.143 4.268
201909 4.082 256.759 5.250
201912 3.044 256.974 3.912
202003 2.893 258.115 3.701
202006 2.134 257.797 2.733
202009 3.371 260.280 4.277
202012 3.655 260.474 4.634
202103 3.727 264.877 4.646
202106 4.285 271.696 5.208
202109 4.145 274.310 4.990
202112 3.496 278.802 4.141
202203 3.710 287.504 4.261
202206 3.284 296.311 3.660
202209 2.544 296.808 2.830
202212 2.504 296.797 2.786
202303 2.477 301.836 2.710
202306 1.914 305.109 2.071
202309 2.447 307.789 2.625
202312 2.586 306.746 2.784
202403 2.503 312.332 2.646
202406 3.140 314.175 3.300
202409 2.621 315.301 2.745
202412 3.009 315.605 3.148
202503 2.593 319.799 2.677
202506 2.600 322.561 2.662
202509 2.437 324.800 2.478
202512 2.520 324.054 2.568
202603 2.393 330.213 2.393

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 0.89 mean?
Chih Lien Industrial Co (TPE:2024) has a Cyclically Adjusted PS Ratio of 0.89 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 Chih Lien Industrial Co and its competitors. This is 18% below median its historical median of 1.09. Over the past decade, Chih Lien Industrial Co's Cyclically Adjusted PS Ratio has ranged from 0.63 to 1.98. According to the industry distribution chart, Chih Lien Industrial Co ranks #359 out of 515 companies in the Steel industry, placing it in the top 69.7%.
Is Chih Lien Industrial Co's Cyclically Adjusted PS Ratio too high?
Chih Lien Industrial Co's current Cyclically Adjusted PS Ratio of 0.89 is 18% below median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 1.98. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Chih Lien Industrial Co's value of 0.89 is 97.8% above this industry median. Based on the distribution chart, Chih Lien Industrial Co ranks #359 out of 515 companies in the Steel industry, which is below the industry midpoint. Overall, Chih Lien Industrial Co has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chih Lien Industrial Co's Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Chih Lien Industrial Co ranks #359 out of 515 companies for Cyclically Adjusted PS Ratio. This places Chih Lien Industrial Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Chih Lien Industrial Co's value of 0.89 is 97.8% above this benchmark. Historically, Chih Lien Industrial Co's own Cyclically Adjusted PS Ratio has ranged from 0.63 to 1.98 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 0.45, Chih Lien Industrial 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 Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.45, based on 515 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. Chih Lien Industrial Co's current Cyclically Adjusted PS Ratio of 0.89 is 97.8% 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 Chih Lien Industrial Co and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chih Lien Industrial Co's current Cyclically Adjusted PS Ratio is 0.89, which is 18% below median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chih Lien Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Chih Lien Industrial Co (TPE:2024) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$16.74, compared to a current price of NT$13.70 — trading 18.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.89, which is 18% below median its 10-year median of 1.09 and 97.8% above the Steel industry median of 0.45. Chih Lien Industrial Co'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 Chih Lien Industrial Co (TPE:2024), the current Cyclically Adjusted PS Ratio is 0.89 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 Chih Lien Industrial Co (TPE:2024) Overvalued in 2026?

Based on GuruFocus' analysis, Chih Lien Industrial Co stock appears to be undervalued. The current stock price of NT$13.70 is trading 18.2% below its estimated GF Value™ of NT$16.74. GuruFocus considers Chih Lien Industrial Co to be Modestly Undervalued.

Key valuation signals for TPE:2024:

  • Cyclically Adjusted PS Ratio: 0.89 (18% below median its 10-year median of 1.09)
  • GF Value™: NT$16.74 vs. price of NT$13.70 (18.2% below fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 97.8% above the Steel median (#359 of 515)

No single metric tells the full story. See the TPE:2024 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chih Lien Industrial Co Business Description

Address Zhongxing Road, No.480, Xinwu District, Tao-Yuan, TWN, 32749
Chih Lien Industrial Co Ltd operates in the steel industry. Company is mainly engaged in the manufacturing, processing and trading of steel wire and steel bars. The Company operates in a single industry and is mainly engaged in the manufacturing and processing of steel wire and steel bars with similar end-use products. The company has presence in Taiwan, China, Indonesia, Malaysia, and Other. The company generates majority of revenue from Taiwan.
64GF Score

Get the complete analysis for TPE:2024

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

NT$13.70
Price
NT$16.74
GF Value