Evergreen Steel (TPE:2211) Cyclically Adjusted PS Ratio: 2.71 (As of Jul. 30, 2026) — 13% Below Median

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TPE:2211 Evergreen Steel Corp TPE:2211
95 GF Score
Price NT$88.40
GF Value NT$103.17
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Evergreen Steel Cyclically Adjusted PS Ratio?

Evergreen Steel TPE:2211 +0.45% 95 Cyclically Adjusted PS Ratio is 2.71 as of Jul. 30, 2026, which is 13% below its 10-year median of 3.10. GuruFocus rates TPE:2211 with a GF Score™ of 95/100 and a GF Value™ of NT$103.17 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 515 Steel companies, Evergreen Steel ranks worse than 91.07% on this metric.

As of today (2026-07-30), Evergreen Steel's current share price is NT$88.40. Evergreen Steel's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was NT$32.61. Evergreen Steel's Cyclically Adjusted PS Ratio for today is 2.71.

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

TPE:2211' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.72   Med: 3.1   Max: 3.19
Current: 2.72

During the past 10 years, Evergreen Steel's highest Cyclically Adjusted PS Ratio was 3.19. The lowest was 2.72. And the median was 3.10.

TPE:2211's Cyclically Adjusted PS Ratio is ranked worse than
91.07% of 515 companies
in the Steel industry
Industry Median: 0.45 vs TPE:2211: 2.72

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.

Evergreen Steel's adjusted revenue per share data of for the fiscal year that ended in Dec25 was NT$36.712. 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$32.61 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Evergreen Steel  (TPE:2211) 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.


Evergreen Steel Cyclically Adjusted PS Ratio Related Terms


Evergreen Steel Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Evergreen Steel'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.

Evergreen Steel Cyclically Adjusted PS Ratio Chart

Evergreen Steel 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 0.00 0.00 2.96

Evergreen Steel 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 0.00 0.00 0.00 2.96 0.00

TPE:2211 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Evergreen Steel'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.


Evergreen Steel Cyclically Adjusted PS Ratio vs Steel Industry

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

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


TPE:2211
95GF Score
Evergreen Steel Corp TPE:2211
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Evergreen Steel 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.

Evergreen Steel's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=88.40/32.61
=2.71

* 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.

Evergreen Steel's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Evergreen Steel's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=36.712/324.0540*324.0540
=36.712

Current CPI (Dec25) = 324.0540.

Evergreen Steel Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 24.890 241.432 33.408
201712 27.197 246.524 35.750
201812 27.576 251.233 35.569
201912 21.277 256.974 26.831
202012 23.720 260.474 29.510
202112 33.114 278.802 38.489
202212 27.422 296.797 29.940
202312 26.575 306.746 28.074
202412 30.955 315.605 31.784
202512 36.712 324.054 36.712

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 2.71 mean?
Evergreen Steel (TPE:2211) has a Cyclically Adjusted PS Ratio of 2.71 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 Evergreen Steel and its competitors. This is 13% below median its historical median of 3.10. Over the past decade, Evergreen Steel's Cyclically Adjusted PS Ratio has ranged from 2.72 to 3.19. According to the industry distribution chart, Evergreen Steel ranks #469 out of 515 companies in the Steel industry, placing it in the top 91.1%.
Is Evergreen Steel's Cyclically Adjusted PS Ratio too high?
Evergreen Steel's current Cyclically Adjusted PS Ratio of 2.71 is 13% below median its 10-year median of 3.10. Over the past 10 years, this metric has ranged from a low of 2.72 to a high of 3.19. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Evergreen Steel's value of 2.71 is 502.2% above this industry median. Based on the distribution chart, Evergreen Steel ranks #469 out of 515 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Evergreen Steel has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Evergreen Steel's Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Evergreen Steel ranks #469 out of 515 companies for Cyclically Adjusted PS Ratio. This places Evergreen Steel in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Evergreen Steel's value of 2.71 is 502.2% above this benchmark. Historically, Evergreen Steel's own Cyclically Adjusted PS Ratio has ranged from 2.72 to 3.19 over the past decade. While the company's 10-year median is 3.10 vs. the industry median of 0.45, Evergreen Steel has consistently been above 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. Evergreen Steel's current Cyclically Adjusted PS Ratio of 2.71 is 502.2% above 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 Evergreen Steel 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. Evergreen Steel's current Cyclically Adjusted PS Ratio is 2.71, which is 13% below median its own 10-year median of 3.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evergreen Steel stock overvalued right now?
Based on GuruFocus' analysis, Evergreen Steel (TPE:2211) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$103.17, compared to a current price of NT$88.40 — trading 14.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.71, which is 13% below median its 10-year median of 3.10 and 502.2% above the Steel industry median of 0.45. Evergreen Steel's overall GF Score™ is 95/100 with 2 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 Evergreen Steel (TPE:2211), the current Cyclically Adjusted PS Ratio is 2.71 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 Evergreen Steel (TPE:2211) Overvalued in 2026?

Based on GuruFocus' analysis, Evergreen Steel stock appears to be undervalued. The current stock price of NT$88.40 is trading 14.3% below its estimated GF Value™ of NT$103.17. GuruFocus considers Evergreen Steel to be Modestly Undervalued.

Key valuation signals for TPE:2211:

  • Cyclically Adjusted PS Ratio: 2.71 (13% below median its 10-year median of 3.10)
  • GF Value™: NT$103.17 vs. price of NT$88.40 (14.3% below fair value)
  • GF Score™: 95/100 with 2 warning signs
  • Industry Position: 502.2% above the Steel median (#469 of 515)

No single metric tells the full story. See the TPE:2211 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Evergreen Steel Business Description

Address Chang\'an East Road, 11th Floor, No. 100, Section 2, Zhongshan District, Taipei, TWN, 10491
Evergreen Steel Corp is engaged in steel structure engineering and related construction services. Its operations include the design, manufacture, and installation of steel structures for high-rise buildings, factories, bridges, and other special construction projects. The company also provides container inspection, maintenance, and repair services for shipping companies.
95GF Score

Get the complete analysis for TPE:2211

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

NT$88.40
Price
NT$103.17
GF Value