Yuen Chang Stainless Steel Co (TPE:2069) Cyclically Adjusted PS Ratio: 0.32 (As of Sep. 11, 2026) — 45% Above Median

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TPE:2069 Yuen Chang Stainless Steel Co Ltd TPE:2069
71 GF Score
Price NT$24.65
GF Value NT$14.36
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Yuen Chang Stainless Steel Co Cyclically Adjusted PS Ratio?

Yuen Chang Stainless Steel Co TPE:2069 -1.29% 71 Cyclically Adjusted PS Ratio is 0.32 as of Sep. 11, 2026, which is 45% above its 10-year median of 0.22. GuruFocus rates TPE:2069 with a GF Score™ of 71/100 and a GF Value™ of NT$14.36 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 509 Steel companies, Yuen Chang Stainless Steel Co ranks better than 69.35% on this metric.

As of today (2026-09-11), Yuen Chang Stainless Steel Co's current share price is NT$24.65. Yuen Chang Stainless Steel Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was NT$76.92. Yuen Chang Stainless Steel Co's Cyclically Adjusted PS Ratio for today is 0.32.

The historical rank and industry rank for Yuen Chang Stainless Steel Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

TPE:2069' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.22   Max: 0.28
Current: 0.27

During the past years, Yuen Chang Stainless Steel Co's highest Cyclically Adjusted PS Ratio was 0.28. The lowest was 0.19. And the median was 0.22.

TPE:2069's Cyclically Adjusted PS Ratio is ranked better than
69.35% of 509 companies
in the Steel industry
Industry Median: 0.45 vs TPE:2069: 0.27

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.

Yuen Chang Stainless Steel Co's adjusted revenue per share data for the three months ended in Jun. 2026 was NT$16.140. 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$76.92 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yuen Chang Stainless Steel Co  (TPE:2069) 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.


Yuen Chang Stainless Steel Co Cyclically Adjusted PS Ratio Related Terms


Yuen Chang Stainless Steel Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Yuen Chang Stainless Steel 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.

Yuen Chang Stainless Steel Co Cyclically Adjusted PS Ratio Chart

Yuen Chang Stainless Steel 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 0.00 0.00 0.23 0.21 0.24

Yuen Chang Stainless Steel Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.19 0.19 0.24 0.24 0.24

TPE:2069 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Yuen Chang Stainless Steel 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.


Yuen Chang Stainless Steel Co Cyclically Adjusted PS Ratio vs Steel Industry

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

* The bar in red indicates where Yuen Chang Stainless Steel Co's Cyclically Adjusted PS Ratio falls into.


TPE:2069
71GF Score
Yuen Chang Stainless Steel Co Ltd TPE:2069
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yuen Chang Stainless Steel 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.

Yuen Chang Stainless Steel Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=24.65/76.92
=0.32

* 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.

Yuen Chang Stainless Steel Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Yuen Chang Stainless Steel Co's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=16.14/333.9520*333.9520
=16.140

Current CPI (Jun. 2026) = 333.9520.

Yuen Chang Stainless Steel Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 13.767 241.428 19.043
201612 14.894 241.432 20.602
201703 14.882 243.801 20.385
201706 15.903 244.955 21.681
201709 14.515 246.819 19.639
201712 14.149 246.524 19.167
201803 13.618 249.554 18.224
201806 16.759 251.989 22.210
201809 13.953 252.439 18.458
201812 11.049 251.233 14.687
201903 11.370 254.202 14.937
201906 15.577 256.143 20.309
201909 14.791 256.759 19.238
201912 13.903 256.974 18.068
202003 10.075 258.115 13.035
202006 10.838 257.797 14.040
202009 12.271 260.280 15.744
202012 14.137 260.474 18.125
202103 16.183 264.877 20.403
202106 22.179 271.696 27.261
202109 25.932 274.310 31.570
202112 25.385 278.802 30.406
202203 21.313 287.504 24.756
202206 23.274 296.311 26.231
202209 20.597 296.808 23.175
202212 16.333 296.797 18.378
202303 17.704 301.836 19.588
202306 18.637 305.109 20.399
202309 18.250 307.789 19.801
202312 16.695 306.746 18.176
202403 14.855 312.332 15.883
202406 17.104 314.175 18.181
202409 15.992 315.301 16.938
202412 16.340 315.605 17.290
202503 15.946 319.799 16.652
202506 16.190 322.561 16.762
202509 14.467 324.800 14.875
202512 14.278 324.054 14.714
202603 13.879 330.213 14.036
202606 16.140 333.952 16.140

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 0.32 mean?
Yuen Chang Stainless Steel Co (TPE:2069) has a Cyclically Adjusted PS Ratio of 0.32 as of Sep. 11, 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 Yuen Chang Stainless Steel Co and its competitors. This is 45% above median its historical median of 0.22. Over the past decade, Yuen Chang Stainless Steel Co's Cyclically Adjusted PS Ratio has ranged from 0.19 to 0.28. According to the industry distribution chart, Yuen Chang Stainless Steel Co ranks #156 out of 509 companies in the Steel industry, placing it in the top 30.6%.
Is Yuen Chang Stainless Steel Co's Cyclically Adjusted PS Ratio too high?
Yuen Chang Stainless Steel Co's current Cyclically Adjusted PS Ratio of 0.32 is 45% above median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.28. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Yuen Chang Stainless Steel Co's value of 0.32 is 28.9% below this industry median. Based on the distribution chart, Yuen Chang Stainless Steel Co ranks #156 out of 509 companies in the Steel industry, which is above the industry midpoint. Overall, Yuen Chang Stainless Steel Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yuen Chang Stainless Steel Co's Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Yuen Chang Stainless Steel Co ranks #156 out of 509 companies for Cyclically Adjusted PS Ratio. This puts Yuen Chang Stainless Steel Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Yuen Chang Stainless Steel Co's value of 0.32 is 28.9% below this benchmark. Historically, Yuen Chang Stainless Steel Co's own Cyclically Adjusted PS Ratio has ranged from 0.19 to 0.28 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 0.45, Yuen Chang Stainless Steel 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 509 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. Yuen Chang Stainless Steel Co's current Cyclically Adjusted PS Ratio of 0.32 is 28.9% 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 Yuen Chang Stainless Steel 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. Yuen Chang Stainless Steel Co's current Cyclically Adjusted PS Ratio is 0.32, which is 45% above median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yuen Chang Stainless Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Yuen Chang Stainless Steel Co (TPE:2069) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$14.36, compared to a current price of NT$24.65 — trading 71.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.32, which is 45% above median its 10-year median of 0.22 and 28.9% below the Steel industry median of 0.45. Yuen Chang Stainless Steel Co's overall GF Score™ is 71/100 with 8 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 Yuen Chang Stainless Steel Co (TPE:2069), the current Cyclically Adjusted PS Ratio is 0.32 as of Sep. 11, 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 Yuen Chang Stainless Steel Co (TPE:2069) Overvalued in 2026?

Based on GuruFocus' analysis, Yuen Chang Stainless Steel Co stock appears to be overvalued. The current stock price of NT$24.65 is trading 71.7% above its estimated GF Value™ of NT$14.36. GuruFocus considers Yuen Chang Stainless Steel Co to be Significantly Overvalued.

Key valuation signals for TPE:2069:

  • Cyclically Adjusted PS Ratio: 0.32 (45% above median its 10-year median of 0.22)
  • GF Value™: NT$14.36 vs. price of NT$24.65 (71.7% above fair value)
  • GF Score™: 71/100 with 8 warning signs
  • Industry Position: 28.9% below the Steel median (#156 of 509)

No single metric tells the full story. See the TPE:2069 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yuen Chang Stainless Steel Co Business Description

Address Zhongzheng 4th Road, No. 235, 13th Floor - 1, Qianjin District, Kaohsiung, TWN
Yuen Chang Stainless Steel Co Ltd specializes in stainless steel processing and manufacturing. The company, together with its subsidiaries, is mainly involved in stainless steel shearing, splitting, surface finishing, processing, trading, and the import and export of stainless steel products. Geographically, it derives maximum revenue from Asia (excluding Taiwan), followed by the Americas, Taiwan, and other regions.
71GF Score

Get the complete analysis for TPE:2069

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

NT$24.65
Price
NT$14.36
GF Value