Nantex Industry Co (TPE:2108) Cyclically Adjusted PS Ratio: 0.93 (As of Jul. 23, 2026) — 31% Below Median

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TPE:2108 Nantex Industry Co Ltd TPE:2108
66 GF Score
Price NT$28.85
GF Value NT$33.57
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Nantex Industry Co Cyclically Adjusted PS Ratio?

Nantex Industry Co TPE:2108 +2.67% 66 Cyclically Adjusted PS Ratio is 0.93 as of Jul. 23, 2026, which is 31% below its 10-year median of 1.34. GuruFocus rates TPE:2108 with a GF Score™ of 66/100 and a GF Value™ of NT$33.57 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,277 Chemicals companies, Nantex Industry Co ranks better than 61.08% on this metric.

As of today (2026-07-23), Nantex Industry Co's current share price is NT$28.85. Nantex Industry Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$31.17. Nantex Industry Co's Cyclically Adjusted PS Ratio for today is 0.93.

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

TPE:2108' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.34   Max: 6.69
Current: 0.9

During the past years, Nantex Industry Co's highest Cyclically Adjusted PS Ratio was 6.69. The lowest was 0.69. And the median was 1.34.

TPE:2108's Cyclically Adjusted PS Ratio is ranked better than
61.08% of 1277 companies
in the Chemicals industry
Industry Median: 1.29 vs TPE:2108: 0.90

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.

Nantex Industry Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$5.263. 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$31.17 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nantex Industry Co  (TPE:2108) 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.


Nantex Industry Co Cyclically Adjusted PS Ratio Related Terms


Nantex Industry Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nantex Industry 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.

Nantex Industry Co Cyclically Adjusted PS Ratio Chart

Nantex Industry 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 3.11 1.28 1.27 1.11 0.76

Nantex Industry 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 0.96 0.77 0.76 0.76 0.82

TPE:2108 vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Nantex Industry 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.


Nantex Industry Co Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nantex Industry Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TPE:2108
66GF Score
Nantex Industry Co Ltd TPE:2108
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nantex Industry 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.

Nantex Industry Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=28.85/31.17
=0.93

* 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.

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

For example, Nantex Industry 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)
=5.263/330.2130*330.2130
=5.263

Current CPI (Mar. 2026) = 330.2130.

Nantex Industry Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.549 241.018 6.232
201609 4.735 241.428 6.476
201612 5.241 241.432 7.168
201703 6.046 243.801 8.189
201706 5.016 244.955 6.762
201709 5.883 246.819 7.871
201712 6.524 246.524 8.739
201803 6.203 249.554 8.208
201806 6.658 251.989 8.725
201809 8.038 252.439 10.514
201812 7.098 251.233 9.329
201903 6.427 254.202 8.349
201906 6.179 256.143 7.966
201909 6.507 256.759 8.369
201912 6.020 256.974 7.736
202003 5.361 258.115 6.858
202006 5.472 257.797 7.009
202009 6.982 260.280 8.858
202012 11.287 260.474 14.309
202103 14.074 264.877 17.546
202106 14.610 271.696 17.757
202109 11.046 274.310 13.297
202112 7.880 278.802 9.333
202203 7.067 287.504 8.117
202206 6.967 296.311 7.764
202209 5.115 296.808 5.691
202212 4.508 296.797 5.016
202303 4.539 301.836 4.966
202306 4.553 305.109 4.928
202309 4.829 307.789 5.181
202312 4.251 306.746 4.576
202403 4.425 312.332 4.678
202406 6.303 314.175 6.625
202409 6.341 315.301 6.641
202412 6.031 315.605 6.310
202503 4.608 319.799 4.758
202506 5.829 322.561 5.967
202509 4.791 324.800 4.871
202512 4.674 324.054 4.763
202603 5.263 330.213 5.263

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 0.93 mean?
Nantex Industry Co (TPE:2108) has a Cyclically Adjusted PS Ratio of 0.93 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 Nantex Industry Co and its competitors. This is 31% below median its historical median of 1.34. Over the past decade, Nantex Industry Co's Cyclically Adjusted PS Ratio has ranged from 0.69 to 6.69. According to the industry distribution chart, Nantex Industry Co ranks #497 out of 1277 companies in the Chemicals industry, placing it in the top 38.9%.
Is Nantex Industry Co's Cyclically Adjusted PS Ratio too high?
Nantex Industry Co's current Cyclically Adjusted PS Ratio of 0.93 is 31% below median its 10-year median of 1.34. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 6.69. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.29. Nantex Industry Co's value of 0.93 is 27.9% below this industry median. Based on the distribution chart, Nantex Industry Co ranks #497 out of 1277 companies in the Chemicals industry, which is above the industry midpoint. Overall, Nantex Industry Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nantex Industry Co's Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nantex Industry Co ranks #497 out of 1277 companies for Cyclically Adjusted PS Ratio. This puts Nantex Industry Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.29. Nantex Industry Co's value of 0.93 is 27.9% below this benchmark. Historically, Nantex Industry Co's own Cyclically Adjusted PS Ratio has ranged from 0.69 to 6.69 over the past decade. While the company's 10-year median is 1.34 vs. the industry median of 1.29, Nantex Industry 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.29, based on 1,277 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. Nantex Industry Co's current Cyclically Adjusted PS Ratio of 0.93 is 27.9% 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 Nantex Industry Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nantex Industry Co's current Cyclically Adjusted PS Ratio is 0.93, which is 31% below median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nantex Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Nantex Industry Co (TPE:2108) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$33.57, compared to a current price of NT$28.85 — trading 14.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.93, which is 31% below median its 10-year median of 1.34 and 27.9% below the Chemicals industry median of 1.29. Nantex Industry Co's overall GF Score™ is 66/100 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 Nantex Industry Co (TPE:2108), the current Cyclically Adjusted PS Ratio is 0.93 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 Nantex Industry Co (TPE:2108) Overvalued in 2026?

Based on GuruFocus' analysis, Nantex Industry Co stock appears to be undervalued. The current stock price of NT$28.85 is trading 14.1% below its estimated GF Value™ of NT$33.57. GuruFocus considers Nantex Industry Co to be Modestly Undervalued.

Key valuation signals for TPE:2108:

  • Cyclically Adjusted PS Ratio: 0.93 (31% below median its 10-year median of 1.34)
  • GF Value™: NT$33.57 vs. price of NT$28.85 (14.1% below fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 27.9% below the Chemicals median (#497 of 1277)

No single metric tells the full story. See the TPE:2108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nantex Industry Co Business Description

Address No.9, Industrial 1st Road, Lin-Yuan, Kaohsiung, TWN, 832
Nantex Industry Co Ltd is mainly engaged in the manufacture, processing, and sales of various types of latex, rubber, and related products, with both domestic and international sales. The Company is involved in the production and distribution of four product categories: NBR/SBR synthetic latex, acrylonitrile-butadiene rubber (NBR), carbon masterbatch, and thermoplastic elastomer (TPE). It operates in Taiwan, China, Thailand, Malaysia, and other countries, with the majority of its revenue generated from China.
66GF Score

Get the complete analysis for TPE:2108

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

NT$28.85
Price
NT$33.57
GF Value