CSBC Taiwan (TPE:2208) Cyclically Adjusted PS Ratio: 0.51 (As of Aug. 02, 2026) — 38% Above Median

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TPE:2208 CSBC Corp Taiwan TPE:2208
47 GF Score
Price NT$19.00
GF Value NT$18.47
Valuation Fairly Valued
! 6 Warning Signs
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What is CSBC Taiwan Cyclically Adjusted PS Ratio?

CSBC Taiwan TPE:2208 +4.40% 47 Cyclically Adjusted PS Ratio is 0.51 as of Aug. 02, 2026, which is 38% above its 10-year median of 0.37. GuruFocus rates TPE:2208 with a GF Score™ of 47/100 and a GF Value™ of NT$18.47 (Fairly Valued). The stock has 6 warning signs investors should review. Among 224 Aerospace & Defense companies, CSBC Taiwan ranks better than 88.39% on this metric.

As of today (2026-08-02), CSBC Taiwan's current share price is NT$19.00. CSBC Taiwan's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$36.93. CSBC Taiwan's Cyclically Adjusted PS Ratio for today is 0.51.

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

TPE:2208' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.37   Max: 0.73
Current: 0.54

During the past years, CSBC Taiwan's highest Cyclically Adjusted PS Ratio was 0.73. The lowest was 0.22. And the median was 0.37.

TPE:2208's Cyclically Adjusted PS Ratio is ranked better than
88.39% of 224 companies
in the Aerospace & Defense industry
Industry Median: 2.82 vs TPE:2208: 0.54

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.

CSBC Taiwan's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$3.713. 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$36.93 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CSBC Taiwan  (TPE:2208) 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.


CSBC Taiwan Cyclically Adjusted PS Ratio Related Terms


CSBC Taiwan Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for CSBC Taiwan'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.

CSBC Taiwan Cyclically Adjusted PS Ratio Chart

CSBC Taiwan 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 0.37 0.36 0.42 0.36 0.53

CSBC Taiwan 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 0.41 0.45 0.62 0.53 0.55

TPE:2208 vs SPCX, GE, RTX: Cyclically Adjusted PS Ratio Comparison

For the Aerospace & Defense subindustry, CSBC Taiwan'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.


CSBC Taiwan Cyclically Adjusted PS Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, CSBC Taiwan's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where CSBC Taiwan's Cyclically Adjusted PS Ratio falls into.


TPE:2208
47GF Score
CSBC Corp Taiwan TPE:2208
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CSBC Taiwan 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.

CSBC Taiwan's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.00/36.93
=0.51

* 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.

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

For example, CSBC Taiwan'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)
=3.713/330.2130*330.2130
=3.713

Current CPI (Mar. 2026) = 330.2130.

CSBC Taiwan Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 13.908 241.018 19.055
201609 9.545 241.428 13.055
201612 7.634 241.432 10.441
201703 19.819 243.801 26.844
201706 14.167 244.955 19.098
201709 10.315 246.819 13.800
201712 9.535 246.524 12.772
201803 7.607 249.554 10.066
201806 8.316 251.989 10.898
201809 7.615 252.439 9.961
201812 7.305 251.233 9.601
201903 5.959 254.202 7.741
201906 5.019 256.143 6.470
201909 10.107 256.759 12.998
201912 8.602 256.974 11.054
202003 11.254 258.115 14.398
202006 14.154 257.797 18.130
202009 14.776 260.280 18.746
202012 9.875 260.474 12.519
202103 8.714 264.877 10.863
202106 4.692 271.696 5.703
202109 4.569 274.310 5.500
202112 4.937 278.802 5.847
202203 5.786 287.504 6.646
202206 4.393 296.311 4.896
202209 4.453 296.808 4.954
202212 8.211 296.797 9.135
202303 6.120 301.836 6.695
202306 5.999 305.109 6.493
202309 5.930 307.789 6.362
202312 4.799 306.746 5.166
202403 3.029 312.332 3.202
202406 3.176 314.175 3.338
202409 2.804 315.301 2.937
202412 2.551 315.605 2.669
202503 3.068 319.799 3.168
202506 7.775 322.561 7.959
202509 3.247 324.800 3.301
202512 3.012 324.054 3.069
202603 3.713 330.213 3.713

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 0.51 mean?
CSBC Taiwan (TPE:2208) has a Cyclically Adjusted PS Ratio of 0.51 as of Aug. 02, 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 CSBC Taiwan and its competitors. This is 38% above median its historical median of 0.37. Over the past decade, CSBC Taiwan's Cyclically Adjusted PS Ratio has ranged from 0.22 to 0.73. According to the industry distribution chart, CSBC Taiwan ranks #26 out of 224 companies in the Aerospace & Defense industry, placing it in the top 11.6%.
Is CSBC Taiwan's Cyclically Adjusted PS Ratio too high?
CSBC Taiwan's current Cyclically Adjusted PS Ratio of 0.51 is 38% above median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.73. The Aerospace & Defense industry median Cyclically Adjusted PS Ratio is 2.82. CSBC Taiwan's value of 0.51 is 81.9% below this industry median. Based on the distribution chart, CSBC Taiwan ranks #26 out of 224 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, CSBC Taiwan has a GF Score™ of 47/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CSBC Taiwan's Cyclically Adjusted PS Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, CSBC Taiwan ranks #26 out of 224 companies for Cyclically Adjusted PS Ratio. This places CSBC Taiwan in the top 12% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 2.82. CSBC Taiwan's value of 0.51 is 81.9% below this benchmark. Historically, CSBC Taiwan's own Cyclically Adjusted PS Ratio has ranged from 0.22 to 0.73 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 2.82, CSBC Taiwan 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 an Aerospace & Defense company?
The median Cyclically Adjusted PS Ratio among Aerospace & Defense companies is 2.82, based on 224 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. CSBC Taiwan's current Cyclically Adjusted PS Ratio of 0.51 is 81.9% 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 CSBC Taiwan and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PS Ratio is 2.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CSBC Taiwan's current Cyclically Adjusted PS Ratio is 0.51, which is 38% above median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSBC Taiwan stock overvalued right now?
Based on GuruFocus' analysis, CSBC Taiwan (TPE:2208) is currently considered Fairly Valued. The stock's GF Value™ is NT$18.47, compared to a current price of NT$19.00 — trading 2.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.51, which is 38% above median its 10-year median of 0.37 and 81.9% below the Aerospace & Defense industry median of 2.82. CSBC Taiwan's overall GF Score™ is 47/100 with 6 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 CSBC Taiwan (TPE:2208), the current Cyclically Adjusted PS Ratio is 0.51 as of Aug. 02, 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 CSBC Taiwan (TPE:2208) Overvalued in 2026?

Based on GuruFocus' analysis, CSBC Taiwan stock appears to be overvalued. The current stock price of NT$19.00 is trading 2.9% above its estimated GF Value™ of NT$18.47. GuruFocus considers CSBC Taiwan to be Fairly Valued.

Key valuation signals for TPE:2208:

  • Cyclically Adjusted PS Ratio: 0.51 (38% above median its 10-year median of 0.37)
  • GF Value™: NT$18.47 vs. price of NT$19.00 (2.9% above fair value)
  • GF Score™: 47/100 with 6 warning signs
  • Industry Position: 81.9% below the Aerospace & Defense median (#26 of 224)

No single metric tells the full story. See the TPE:2208 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CSBC Taiwan Business Description

Address No. 3, Zhonggang Road, Xiaogang District, Kaohsiung, TWN, 81234
CSBC Corp Taiwan is engaged in the design, construction, repair, and conversion of ships and offshore engineering equipment. The company operates through four segments: Construction of Ships and Vessels, Machinery Building, Ship/Vessel Repairs, and All Other Segments. The Construction of Ships and Vessels segment, which contributes the majority of revenue, focuses on the manufacture and repair of marine vessels, oil drilling rigs, and onshore equipment. Geographically, it generates the majority of its revenue from Taiwan.
47GF Score

Get the complete analysis for TPE:2208

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

NT$19.00
Price
NT$18.47
GF Value