Wei Chih Steel Industrial Co (TPE:2028) Cyclically Adjusted PS Ratio: 0.42 (As of Jul. 28, 2026) — 25% Below Median

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TPE:2028 Wei Chih Steel Industrial Co Ltd TPE:2028
70 GF Score
Price NT$15.50
GF Value NT$16.43
Valuation Fairly Valued
! 9 Warning Signs
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What is Wei Chih Steel Industrial Co Cyclically Adjusted PS Ratio?

Wei Chih Steel Industrial Co TPE:2028 -0.96% 70 Cyclically Adjusted PS Ratio is 0.42 as of Jul. 28, 2026, which is 25% below its 10-year median of 0.56. GuruFocus rates TPE:2028 with a GF Score™ of 70/100 and a GF Value™ of NT$16.43 (Fairly Valued). The stock has 9 warning signs investors should review. Among 514 Steel companies, Wei Chih Steel Industrial Co ranks better than 52.14% on this metric.

As of today (2026-07-28), Wei Chih Steel Industrial Co's current share price is NT$15.50. Wei Chih Steel Industrial Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$36.90. Wei Chih Steel Industrial Co's Cyclically Adjusted PS Ratio for today is 0.42.

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

TPE:2028' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.56   Max: 1.32
Current: 0.42

During the past years, Wei Chih Steel Industrial Co's highest Cyclically Adjusted PS Ratio was 1.32. The lowest was 0.19. And the median was 0.56.

TPE:2028's Cyclically Adjusted PS Ratio is ranked better than
52.14% of 514 companies
in the Steel industry
Industry Median: 0.45 vs TPE:2028: 0.42

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.

Wei Chih Steel Industrial Co's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$6.753. 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$36.90 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wei Chih Steel Industrial Co  (TPE:2028) 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.


Wei Chih Steel Industrial Co Cyclically Adjusted PS Ratio Related Terms


Wei Chih Steel Industrial Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Wei Chih Steel 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.

Wei Chih Steel Industrial Co Cyclically Adjusted PS Ratio Chart

Wei Chih Steel 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 0.95 0.63 0.66 0.57 0.47

Wei Chih Steel Industrial 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 0.57 0.62 0.50 0.46 0.47

TPE:2028 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Wei Chih Steel 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.


Wei Chih Steel Industrial Co Cyclically Adjusted PS Ratio vs Steel Industry

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

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


TPE:2028
70GF Score
Wei Chih Steel Industrial Co Ltd TPE:2028
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wei Chih Steel 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.50/36.90
=0.42

* 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.

Wei Chih Steel Industrial Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Wei Chih Steel Industrial 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)
=6.753/324.0540*324.0540
=6.753

Current CPI (Dec. 2025) = 324.0540.

Wei Chih Steel Industrial Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 3.872 238.132 5.269
201606 4.920 241.018 6.615
201609 5.328 241.428 7.151
201612 6.278 241.432 8.426
201703 7.245 243.801 9.630
201706 6.108 244.955 8.080
201709 8.158 246.819 10.711
201712 8.272 246.524 10.873
201803 9.057 249.554 11.761
201806 8.182 251.989 10.522
201809 8.340 252.439 10.706
201812 8.424 251.233 10.866
201903 8.145 254.202 10.383
201906 7.569 256.143 9.576
201909 6.642 256.759 8.383
201912 7.578 256.974 9.556
202003 5.813 258.115 7.298
202006 6.042 257.797 7.595
202009 6.681 260.280 8.318
202012 8.296 260.474 10.321
202103 8.501 264.877 10.400
202106 9.890 271.696 11.796
202109 10.780 274.310 12.735
202112 12.402 278.802 14.415
202203 11.211 287.504 12.636
202206 10.153 296.311 11.104
202209 7.682 296.808 8.387
202212 11.267 296.797 12.302
202303 9.889 301.836 10.617
202306 8.409 305.109 8.931
202309 5.296 307.789 5.576
202312 8.444 306.746 8.920
202403 8.864 312.332 9.197
202406 8.241 314.175 8.500
202409 7.009 315.301 7.204
202412 7.266 315.605 7.461
202503 6.781 319.799 6.871
202506 7.519 322.561 7.554
202509 5.627 324.800 5.614
202512 6.753 324.054 6.753

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 0.42 mean?
Wei Chih Steel Industrial Co (TPE:2028) has a Cyclically Adjusted PS Ratio of 0.42 as of Jul. 28, 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 Wei Chih Steel Industrial Co and its competitors. This is 25% below median its historical median of 0.56. Over the past decade, Wei Chih Steel Industrial Co's Cyclically Adjusted PS Ratio has ranged from 0.19 to 1.32. According to the industry distribution chart, Wei Chih Steel Industrial Co ranks #246 out of 514 companies in the Steel industry, placing it in the top 47.9%.
Is Wei Chih Steel Industrial Co's Cyclically Adjusted PS Ratio too high?
Wei Chih Steel Industrial Co's current Cyclically Adjusted PS Ratio of 0.42 is 25% below median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 1.32. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Wei Chih Steel Industrial Co's value of 0.42 is 6.7% below this industry median. Based on the distribution chart, Wei Chih Steel Industrial Co ranks #246 out of 514 companies in the Steel industry, which is above the industry midpoint. Overall, Wei Chih Steel Industrial Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wei Chih Steel Industrial Co's Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Wei Chih Steel Industrial Co ranks #246 out of 514 companies for Cyclically Adjusted PS Ratio. This puts Wei Chih Steel Industrial Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Wei Chih Steel Industrial Co's value of 0.42 is 6.7% below this benchmark. Historically, Wei Chih Steel Industrial Co's own Cyclically Adjusted PS Ratio has ranged from 0.19 to 1.32 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 0.45, Wei Chih Steel Industrial 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 Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.45, based on 514 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. Wei Chih Steel Industrial Co's current Cyclically Adjusted PS Ratio of 0.42 is 6.7% 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 Wei Chih Steel 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. Wei Chih Steel Industrial Co's current Cyclically Adjusted PS Ratio is 0.42, which is 25% below median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wei Chih Steel Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Wei Chih Steel Industrial Co (TPE:2028) is currently considered Fairly Valued. The stock's GF Value™ is NT$16.43, compared to a current price of NT$15.50 — trading 5.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.42, which is 25% below median its 10-year median of 0.56 and 6.7% below the Steel industry median of 0.45. Wei Chih Steel Industrial Co's overall GF Score™ is 70/100 with 9 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 Wei Chih Steel Industrial Co (TPE:2028), the current Cyclically Adjusted PS Ratio is 0.42 as of Jul. 28, 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 Wei Chih Steel Industrial Co (TPE:2028) Overvalued in 2026?

Based on GuruFocus' analysis, Wei Chih Steel Industrial Co stock appears to be undervalued. The current stock price of NT$15.50 is trading 5.7% below its estimated GF Value™ of NT$16.43. GuruFocus considers Wei Chih Steel Industrial Co to be Fairly Valued.

Key valuation signals for TPE:2028:

  • Cyclically Adjusted PS Ratio: 0.42 (25% below median its 10-year median of 0.56)
  • GF Value™: NT$16.43 vs. price of NT$15.50 (5.7% below fair value)
  • GF Score™: 70/100 with 9 warning signs
  • Industry Position: 6.7% below the Steel median (#246 of 514)

No single metric tells the full story. See the TPE:2028 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wei Chih Steel Industrial Co Business Description

Address No.123, NanBu Village, Guantian District, Tainan, TWN
Wei Chih Steel Industrial Co Ltd main business items of the Company are processing, manufacturing, trading and importing /exporting of steel rebars, bar steels, wire rods, steel billets and other steel products. The Company also rents and sales of public housing units and commercial building constructed by construction engineering firms entrusted by the Company. The Company operates single industry only, mainly for the steel processing and manufacturing of steel rebar, bar steels, billes steel, and wire rods. The company has presence in Taiwan and Australia. The company generates majority of revenue from Taiwan. The company's products are Rebars, Billets, Straight round bar (RB), Bar-in-Coils (BIC).
70GF Score

Get the complete analysis for TPE:2028

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

NT$15.50
Price
NT$16.43
GF Value