YC Inox Co (TPE:2034) Cyclically Adjusted PS Ratio: 0.43 (As of Jul. 30, 2026) — 14% Below Median

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TPE:2034 YC Inox Co Ltd TPE:2034
63 GF Score
Price NT$18.45
GF Value NT$17.13
Valuation Fairly Valued
! 10 Warning Signs
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What is YC Inox Co Cyclically Adjusted PS Ratio?

YC Inox Co TPE:2034 -2.12% 63 Cyclically Adjusted PS Ratio is 0.43 as of Jul. 30, 2026, which is 14% below its 10-year median of 0.50. GuruFocus rates TPE:2034 with a GF Score™ of 63/100 and a GF Value™ of NT$17.13 (Fairly Valued). The stock has 10 warning signs investors should review. Among 515 Steel companies, YC Inox Co ranks better than 51.07% on this metric.

As of today (2026-07-30), YC Inox Co's current share price is NT$18.45. YC Inox Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$43.24. YC Inox Co's Cyclically Adjusted PS Ratio for today is 0.43.

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

TPE:2034' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.5   Max: 0.81
Current: 0.43

During the past years, YC Inox Co's highest Cyclically Adjusted PS Ratio was 0.81. The lowest was 0.38. And the median was 0.50.

TPE:2034's Cyclically Adjusted PS Ratio is ranked better than
51.07% of 515 companies
in the Steel industry
Industry Median: 0.45 vs TPE:2034: 0.43

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.

YC Inox Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$5.356. 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$43.24 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


YC Inox Co  (TPE:2034) 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.


YC Inox Co Cyclically Adjusted PS Ratio Related Terms


YC Inox Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for YC Inox 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.

YC Inox Co Cyclically Adjusted PS Ratio Chart

YC Inox 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 0.61 0.55 0.55 0.43 0.50

YC Inox 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 0.53 0.50 0.45 0.50 0.46

TPE:2034 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, YC Inox 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.


YC Inox Co Cyclically Adjusted PS Ratio vs Steel Industry

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

* The bar in red indicates where YC Inox Co's Cyclically Adjusted PS Ratio falls into.


TPE:2034
63GF Score
YC Inox Co Ltd TPE:2034
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

YC Inox 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.

YC Inox Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.45/43.24
=0.43

* 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.

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

For example, YC Inox 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)
=5.356/330.2130*330.2130
=5.356

Current CPI (Mar. 2026) = 330.2130.

YC Inox Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 10.371 241.018 14.209
201609 10.965 241.428 14.997
201612 11.222 241.432 15.349
201703 12.066 243.801 16.343
201706 12.204 244.955 16.452
201709 10.902 246.819 14.586
201712 10.772 246.524 14.429
201803 11.183 249.554 14.797
201806 12.659 251.989 16.589
201809 11.793 252.439 15.426
201812 9.814 251.233 12.899
201903 9.575 254.202 12.438
201906 9.632 256.143 12.417
201909 10.834 256.759 13.933
201912 9.344 256.974 12.007
202003 9.057 258.115 11.587
202006 7.063 257.797 9.047
202009 7.444 260.280 9.444
202012 5.199 260.474 6.591
202103 7.009 264.877 8.738
202106 9.244 271.696 11.235
202109 11.143 274.310 13.414
202112 9.430 278.802 11.169
202203 8.398 287.504 9.646
202206 10.262 296.311 11.436
202209 8.890 296.808 9.891
202212 7.134 296.797 7.937
202303 7.991 301.836 8.742
202306 7.882 305.109 8.531
202309 8.961 307.789 9.614
202312 8.010 306.746 8.623
202403 6.450 312.332 6.819
202406 7.184 314.175 7.551
202409 7.960 315.301 8.336
202412 8.153 315.605 8.530
202503 6.983 319.799 7.210
202506 6.385 322.561 6.536
202509 4.904 324.800 4.986
202512 4.497 324.054 4.582
202603 5.356 330.213 5.356

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 0.43 mean?
YC Inox Co (TPE:2034) has a Cyclically Adjusted PS Ratio of 0.43 as of Jul. 30, 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 YC Inox Co and its competitors. This is 14% below median its historical median of 0.50. Over the past decade, YC Inox Co's Cyclically Adjusted PS Ratio has ranged from 0.38 to 0.81. According to the industry distribution chart, YC Inox Co ranks #252 out of 515 companies in the Steel industry, placing it in the top 48.9%.
Is YC Inox Co's Cyclically Adjusted PS Ratio too high?
YC Inox Co's current Cyclically Adjusted PS Ratio of 0.43 is 14% below median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 0.81. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. YC Inox Co's value of 0.43 is 4.4% below this industry median. Based on the distribution chart, YC Inox Co ranks #252 out of 515 companies in the Steel industry, which is above the industry midpoint. Overall, YC Inox Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does YC Inox Co's Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, YC Inox Co ranks #252 out of 515 companies for Cyclically Adjusted PS Ratio. This puts YC Inox Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. YC Inox Co's value of 0.43 is 4.4% below this benchmark. Historically, YC Inox Co's own Cyclically Adjusted PS Ratio has ranged from 0.38 to 0.81 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 0.45, YC Inox 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 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. YC Inox Co's current Cyclically Adjusted PS Ratio of 0.43 is 4.4% 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 YC Inox 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. YC Inox Co's current Cyclically Adjusted PS Ratio is 0.43, which is 14% below median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YC Inox Co stock overvalued right now?
Based on GuruFocus' analysis, YC Inox Co (TPE:2034) is currently considered Fairly Valued. The stock's GF Value™ is NT$17.13, compared to a current price of NT$18.45 — trading 7.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.43, which is 14% below median its 10-year median of 0.50 and 4.4% below the Steel industry median of 0.45. YC Inox Co's overall GF Score™ is 63/100 with 10 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 YC Inox Co (TPE:2034), the current Cyclically Adjusted PS Ratio is 0.43 as of Jul. 30, 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 YC Inox Co (TPE:2034) Overvalued in 2026?

Based on GuruFocus' analysis, YC Inox Co stock appears to be overvalued. The current stock price of NT$18.45 is trading 7.7% above its estimated GF Value™ of NT$17.13. GuruFocus considers YC Inox Co to be Fairly Valued.

Key valuation signals for TPE:2034:

  • Cyclically Adjusted PS Ratio: 0.43 (14% below median its 10-year median of 0.50)
  • GF Value™: NT$17.13 vs. price of NT$18.45 (7.7% above fair value)
  • GF Score™: 63/100 with 10 warning signs
  • Industry Position: 4.4% below the Steel median (#252 of 515)

No single metric tells the full story. See the TPE:2034 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


YC Inox Co Business Description

Address Number 270, Sector 4, Jungshan Road, Shijou Shiang, Changhua, TWN
YC Inox Co Ltd is engaged in the production, processing and sale of stainless steel pipes, stainless steel sheets and coils, agency services and international trading of stainless steel products. Its products include welded pipes, welded tubes, sheets and plates, coils, flat bars, angles, U-channels, and checker plates. Its segments include Stainless steel tubes/pipes, Stainless steel sheets/coils, and Others. Geographically it operates in Europe, Asia, America, and Others, with majority of revenue generating from Europe.
63GF Score

Get the complete analysis for TPE:2034

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

NT$18.45
Price
NT$17.13
GF Value