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Hwa Fong Rubber Ind CoTPE:2109 72 Cyclically Adjusted PS Ratio is 0.64 as of Jul. 24, 2026, which is 5% above its 10-year median of 0.61. GuruFocus rates TPE:2109 with a GF Score™ of 72/100 and a GF Value™ of NT$14.76 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,042 Vehicles & Parts companies, Hwa Fong Rubber Ind Co ranks better than 53.26% on this metric.
The historical rank and industry rank for Hwa Fong Rubber Ind Co's Cyclically Adjusted PS Ratio or its related term are showing as below:
TPE:2109'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.45 Med: 0.61 Max: 0.85
Current: 0.64
During the past years, Hwa Fong Rubber Ind Co's highest Cyclically Adjusted PS Ratio was 0.85. The lowest was 0.45. And the median was 0.61.
TPE:2109's Cyclically Adjusted PS Ratio is ranked better than 53.26% of 1042
companies
in the Vehicles & Parts industry
Industry Median: 0.74
vs TPE:2109: 0.64
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.
Hwa Fong Rubber Ind Co's adjusted revenue per share data for the three months ended in Sep. 2025 was NT$3.456. 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$22.66 for the trailing ten years ended in Sep. 2025.
Shiller PE for Stocks: The True Measure of Stock Valuation
Hwa Fong Rubber Ind Co (TPE:2109) 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.
Hwa Fong Rubber Ind Co Cyclically Adjusted PS Ratio Related Terms
Hwa Fong Rubber Ind Co Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Hwa Fong Rubber Ind 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.
Hwa Fong Rubber Ind Co Cyclically Adjusted PS Ratio Chart
TPE:2109 vs ORLY, AZO: Cyclically Adjusted PS Ratio Comparison
For the Auto Parts subindustry, Hwa Fong Rubber Ind 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.
Hwa Fong Rubber Ind Co Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Hwa Fong Rubber Ind Co's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Hwa Fong Rubber Ind Co's Cyclically Adjusted PS Ratio falls into.
Hwa Fong Rubber Ind 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.
* 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.
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 0.64 mean?
Hwa Fong Rubber Ind Co (TPE:2109) has a Cyclically Adjusted PS Ratio of 0.64 as of Jul. 24, 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 Hwa Fong Rubber Ind Co and its competitors. This is near median its historical median of 0.61. Over the past decade, Hwa Fong Rubber Ind Co's Cyclically Adjusted PS Ratio has ranged from 0.45 to 0.85. According to the industry distribution chart, Hwa Fong Rubber Ind Co ranks #487 out of 1042 companies in the Vehicles & Parts industry, placing it in the top 46.7%.
Is Hwa Fong Rubber Ind Co's Cyclically Adjusted PS Ratio too high?
Hwa Fong Rubber Ind Co's current Cyclically Adjusted PS Ratio of 0.64 is near median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 0.85. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.74. Hwa Fong Rubber Ind Co's value of 0.64 is 13.5% below this industry median. Based on the distribution chart, Hwa Fong Rubber Ind Co ranks #487 out of 1042 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Hwa Fong Rubber Ind Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hwa Fong Rubber Ind Co's Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Hwa Fong Rubber Ind Co ranks #487 out of 1042 companies for Cyclically Adjusted PS Ratio. This puts Hwa Fong Rubber Ind Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.74. Hwa Fong Rubber Ind Co's value of 0.64 is 13.5% below this benchmark. Historically, Hwa Fong Rubber Ind Co's own Cyclically Adjusted PS Ratio has ranged from 0.45 to 0.85 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 0.74, Hwa Fong Rubber Ind 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 Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.74, based on 1,042 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. Hwa Fong Rubber Ind Co's current Cyclically Adjusted PS Ratio of 0.64 is 13.5% 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 Hwa Fong Rubber Ind Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hwa Fong Rubber Ind Co's current Cyclically Adjusted PS Ratio is 0.64, which is near median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwa Fong Rubber Ind Co stock overvalued right now?
Based on GuruFocus' analysis, Hwa Fong Rubber Ind Co (TPE:2109) is currently considered Fairly Valued. The stock's GF Value™ is NT$14.76, compared to a current price of NT$14.50 — trading 1.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.64, which is near median its 10-year median of 0.61 and 13.5% below the Vehicles & Parts industry median of 0.74. Hwa Fong Rubber Ind Co's overall GF Score™ is 72/100 with 3 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 Hwa Fong Rubber Ind Co (TPE:2109), the current Cyclically Adjusted PS Ratio is 0.64 as of Jul. 24, 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 Hwa Fong Rubber Ind Co (TPE:2109) Overvalued in 2026?
Based on GuruFocus' analysis, Hwa Fong Rubber Ind Co stock appears to be undervalued.
The current stock price of NT$14.50 is trading 1.8% below its estimated GF Value™ of NT$14.76.
GuruFocus considers Hwa Fong Rubber Ind Co to be Fairly Valued.
Key valuation signals for TPE:2109:
Cyclically Adjusted PS Ratio: 0.64 (near median its 10-year median of 0.61)
GF Value™: NT$14.76 vs. price of NT$14.50 (1.8% below fair value)
Industry Position: 13.5% below the Vehicles & Parts median (#487 of 1042)
No single metric tells the full story. See the TPE:2109 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hwa Fong Rubber Ind Co Ltd is a Taiwan-based company engaged in the manufacture, processing, domestic and foreign sales, import and export of rubber and plastic products. The company is engaged in the manufacture, processing, distribution, and trading of inner and outer bicycle tubes for automobiles, agricultural vehicles, recreational vehicles, light trucks, and radial tires. The company's reportable segments from a geographical perspective are Taiwan, Thailand, the United States of America, China and Other areas. The company generates the majority of its revenue from Other Areas.
72GF Score
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