Shining Victory Motor Electronic Co (TPE:2248) Cyclically Adjusted PS Ratio: 1.98 (As of Jul. 20, 2026) — 34% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:2248 Shining Victory Motor Electronic Co Ltd TPE:2248
86 GF Score
Price NT$65.20
GF Value NT$56.40
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Shining Victory Motor Electronic Co Cyclically Adjusted PS Ratio?

Shining Victory Motor Electronic Co TPE:2248 +4.32% 86 Cyclically Adjusted PS Ratio is 1.98 as of Jul. 20, 2026, which is 34% above its 10-year median of 1.48. GuruFocus rates TPE:2248 with a GF Score™ of 86/100 and a GF Value™ of NT$56.40 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,040 Vehicles & Parts companies, Shining Victory Motor Electronic Co ranks worse than 75.67% on this metric.

As of today (2026-07-20), Shining Victory Motor Electronic Co's current share price is NT$65.20. Shining Victory Motor Electronic Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was NT$32.86. Shining Victory Motor Electronic Co's Cyclically Adjusted PS Ratio for today is 1.98.

The historical rank and industry rank for Shining Victory Motor Electronic Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

TPE:2248' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.39   Med: 1.48   Max: 1.9
Current: 1.9

During the past 11 years, Shining Victory Motor Electronic Co's highest Cyclically Adjusted PS Ratio was 1.90. The lowest was 0.39. And the median was 1.48.

TPE:2248's Cyclically Adjusted PS Ratio is ranked worse than
75.67% of 1040 companies
in the Vehicles & Parts industry
Industry Median: 0.74 vs TPE:2248: 1.90

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.

Shining Victory Motor Electronic Co's adjusted revenue per share data of for the fiscal year that ended in Dec25 was NT$44.281. 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$32.86 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shining Victory Motor Electronic Co  (TPE:2248) 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.


Shining Victory Motor Electronic Co Cyclically Adjusted PS Ratio Related Terms


Shining Victory Motor Electronic Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shining Victory Motor Electronic 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.

Shining Victory Motor Electronic Co Cyclically Adjusted PS Ratio Chart

Shining Victory Motor Electronic 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 0.00 0.46 1.48

Shining Victory Motor Electronic Co Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.46 0.00 0.00 0.00 1.48

TPE:2248 vs ORLY, AZO: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, Shining Victory Motor Electronic 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.


Shining Victory Motor Electronic Co Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shining Victory Motor Electronic Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shining Victory Motor Electronic Co's Cyclically Adjusted PS Ratio falls into.


TPE:2248
86GF Score
Shining Victory Motor Electronic Co Ltd TPE:2248
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shining Victory Motor Electronic 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.

Shining Victory Motor Electronic Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=65.20/32.86
=1.98

* 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.

Shining Victory Motor Electronic Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Shining Victory Motor Electronic Co'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)
=44.281/324.0540*324.0540
=44.281

Current CPI (Dec25) = 324.0540.

Shining Victory Motor Electronic Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.000 241.432 0.000
201712 22.105 246.524 29.057
201812 20.310 251.233 26.197
201912 15.050 256.974 18.979
202012 16.529 260.474 20.564
202112 22.014 278.802 25.587
202212 29.601 296.797 32.319
202312 45.731 306.746 48.311
202412 49.133 315.605 50.448
202512 44.281 324.054 44.281

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 1.98 mean?
Shining Victory Motor Electronic Co (TPE:2248) has a Cyclically Adjusted PS Ratio of 1.98 as of Jul. 20, 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 Shining Victory Motor Electronic Co and its competitors. This is 34% above median its historical median of 1.48. Over the past decade, Shining Victory Motor Electronic Co's Cyclically Adjusted PS Ratio has ranged from 0.39 to 1.90. According to the industry distribution chart, Shining Victory Motor Electronic Co ranks #787 out of 1040 companies in the Vehicles & Parts industry, placing it in the top 75.7%.
Is Shining Victory Motor Electronic Co's Cyclically Adjusted PS Ratio too high?
Shining Victory Motor Electronic Co's current Cyclically Adjusted PS Ratio of 1.98 is 34% above median its 10-year median of 1.48. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 1.90. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.74. Shining Victory Motor Electronic Co's value of 1.98 is 167.6% above this industry median. Based on the distribution chart, Shining Victory Motor Electronic Co ranks #787 out of 1040 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Shining Victory Motor Electronic Co has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shining Victory Motor Electronic Co's Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Shining Victory Motor Electronic Co ranks #787 out of 1040 companies for Cyclically Adjusted PS Ratio. This places Shining Victory Motor Electronic Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.74. Shining Victory Motor Electronic Co's value of 1.98 is 167.6% above this benchmark. Historically, Shining Victory Motor Electronic Co's own Cyclically Adjusted PS Ratio has ranged from 0.39 to 1.90 over the past decade. While the company's 10-year median is 1.48 vs. the industry median of 0.74, Shining Victory Motor Electronic Co 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 Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.74, based on 1,040 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. Shining Victory Motor Electronic Co's current Cyclically Adjusted PS Ratio of 1.98 is 167.6% 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 Shining Victory Motor Electronic 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. Shining Victory Motor Electronic Co's current Cyclically Adjusted PS Ratio is 1.98, which is 34% above median its own 10-year median of 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shining Victory Motor Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Shining Victory Motor Electronic Co (TPE:2248) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$56.40, compared to a current price of NT$65.20 — trading 15.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.98, which is 34% above median its 10-year median of 1.48 and 167.6% above the Vehicles & Parts industry median of 0.74. Shining Victory Motor Electronic Co's overall GF Score™ is 86/100 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 Shining Victory Motor Electronic Co (TPE:2248), the current Cyclically Adjusted PS Ratio is 1.98 as of Jul. 20, 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 Shining Victory Motor Electronic Co (TPE:2248) Overvalued in 2026?

Based on GuruFocus' analysis, Shining Victory Motor Electronic Co stock appears to be overvalued. The current stock price of NT$65.20 is trading 15.6% above its estimated GF Value™ of NT$56.40. GuruFocus considers Shining Victory Motor Electronic Co to be Modestly Overvalued.

Key valuation signals for TPE:2248:

  • Cyclically Adjusted PS Ratio: 1.98 (34% above median its 10-year median of 1.48)
  • GF Value™: NT$56.40 vs. price of NT$65.20 (15.6% above fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 167.6% above the Vehicles & Parts median (#787 of 1040)

No single metric tells the full story. See the TPE:2248 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shining Victory Motor Electronic Co Business Description

Address The Grand Pavilion Commercial Centre, Oleander Way, 802 West Bay Road, P.O. Box 32052, Grand Cayman, CYM, KY1-1208
Shining Victory Motor Electronic Co Ltd is engaged in the manufacturing and sale of automotive LED interior lighting, interior and exterior decoration, LED automotive lamps, and other automotive parts. The Company is also involved in the production and sales of auto and motorcycle molds, design and manufacture of jigs, assembly of automotive electronic components, production of automotive electronics components, and sales of automobile electronic components. The company mainly operates in China, Thailand, Mexico, and the United States, with China deriving maximum revenue.
86GF Score

Get the complete analysis for TPE:2248

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

NT$65.20
Price
NT$56.40
GF Value