Chroma Ate (TPE:2360) Cyclically Adjusted PS Ratio: 38.57 (As of Aug. 08, 2026) — 650% Above Median

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TPE:2360 Chroma Ate Inc TPE:2360
75 GF Score
Price NT$2,030.00
GF Value NT$684.64
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Chroma Ate Cyclically Adjusted PS Ratio?

Chroma Ate TPE:2360 +2.78% 75 Cyclically Adjusted PS Ratio is 38.57 as of Aug. 08, 2026, which is 650% above its 10-year median of 5.14. GuruFocus rates TPE:2360 with a GF Score™ of 75/100 and a GF Value™ of NT$684.64 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,975 Hardware companies, Chroma Ate ranks worse than 99.04% on this metric.

As of today (2026-08-08), Chroma Ate's current share price is NT$2030.00. Chroma Ate's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$52.63. Chroma Ate's Cyclically Adjusted PS Ratio for today is 38.57.

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

TPE:2360' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.99   Med: 5.14   Max: 48.74
Current: 39.52

During the past years, Chroma Ate's highest Cyclically Adjusted PS Ratio was 48.74. The lowest was 2.99. And the median was 5.14.

TPE:2360's Cyclically Adjusted PS Ratio is ranked worse than
99.04% of 1975 companies
in the Hardware industry
Industry Median: 1.34 vs TPE:2360: 39.52

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.

Chroma Ate's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$27.851. 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$52.63 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chroma Ate  (TPE:2360) 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.


Chroma Ate Cyclically Adjusted PS Ratio Related Terms


Chroma Ate Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Chroma Ate'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.

Chroma Ate Cyclically Adjusted PS Ratio Chart

Chroma Ate 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 5.47 4.51 5.03 9.06 15.57

Chroma Ate 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 6.10 9.27 11.88 15.57 27.84

TPE:2360 vs COHR, KEYS, GRMN: Cyclically Adjusted PS Ratio Comparison

For the Scientific & Technical Instruments subindustry, Chroma Ate'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.


Chroma Ate Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Chroma Ate's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TPE:2360
75GF Score
Chroma Ate Inc TPE:2360
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chroma Ate 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.

Chroma Ate's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2030.00/52.63
=38.57

* 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.

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

For example, Chroma Ate'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)
=27.851/330.2130*330.2130
=27.851

Current CPI (Mar. 2026) = 330.2130.

Chroma Ate Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.602 241.018 9.045
201609 8.795 241.428 12.029
201612 6.603 241.432 9.031
201703 6.849 243.801 9.277
201706 7.279 244.955 9.812
201709 9.476 246.819 12.678
201712 12.213 246.524 16.359
201803 8.291 249.554 10.971
201806 13.520 251.989 17.717
201809 9.324 252.439 12.197
201812 9.311 251.233 12.238
201903 6.549 254.202 8.507
201906 7.803 256.143 10.059
201909 8.102 256.759 10.420
201912 10.573 256.974 13.586
202003 8.007 258.115 10.244
202006 9.116 257.797 11.677
202009 9.836 260.280 12.479
202012 9.861 260.474 12.501
202103 10.125 264.877 12.622
202106 10.534 271.696 12.803
202109 10.085 274.310 12.140
202112 10.842 278.802 12.841
202203 10.417 287.504 11.964
202206 11.652 296.311 12.985
202209 15.662 296.808 17.425
202212 14.122 296.797 15.712
202303 10.261 301.836 11.226
202306 10.494 305.109 11.357
202309 11.434 307.789 12.267
202312 11.770 306.746 12.670
202403 10.412 312.332 11.008
202406 12.973 314.175 13.635
202409 13.269 315.301 13.897
202412 14.133 315.605 14.787
202503 16.118 319.799 16.643
202506 15.202 322.561 15.563
202509 15.082 324.800 15.333
202512 20.310 324.054 20.696
202603 27.851 330.213 27.851

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 38.57 mean?
Chroma Ate (TPE:2360) has a Cyclically Adjusted PS Ratio of 38.57 as of Aug. 08, 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 Chroma Ate and its competitors. This is 650% above median its historical median of 5.14. Over the past decade, Chroma Ate's Cyclically Adjusted PS Ratio has ranged from 2.99 to 48.74. According to the industry distribution chart, Chroma Ate ranks #1956 out of 1975 companies in the Hardware industry, placing it in the top 99%.
Is Chroma Ate's Cyclically Adjusted PS Ratio too high?
Chroma Ate's current Cyclically Adjusted PS Ratio of 38.57 is 650% above median its 10-year median of 5.14. Over the past 10 years, this metric has ranged from a low of 2.99 to a high of 48.74. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. Chroma Ate's value of 38.57 is 2778.4% above this industry median. Based on the distribution chart, Chroma Ate ranks #1956 out of 1975 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Chroma Ate has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chroma Ate's Cyclically Adjusted PS Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Chroma Ate ranks #1956 out of 1975 companies for Cyclically Adjusted PS Ratio. This places Chroma Ate in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Chroma Ate's value of 38.57 is 2778.4% above this benchmark. Historically, Chroma Ate's own Cyclically Adjusted PS Ratio has ranged from 2.99 to 48.74 over the past decade. While the company's 10-year median is 5.14 vs. the industry median of 1.34, Chroma Ate 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.34, based on 1,975 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. Chroma Ate's current Cyclically Adjusted PS Ratio of 38.57 is 2778.4% 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 Chroma Ate and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chroma Ate's current Cyclically Adjusted PS Ratio is 38.57, which is 650% above median its own 10-year median of 5.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chroma Ate stock overvalued right now?
Based on GuruFocus' analysis, Chroma Ate (TPE:2360) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$684.64, compared to a current price of NT$2,030.00 — trading 196.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 38.57, which is 650% above median its 10-year median of 5.14 and 2778.4% above the Hardware industry median of 1.34. Chroma Ate's overall GF Score™ is 75/100 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 Chroma Ate (TPE:2360), the current Cyclically Adjusted PS Ratio is 38.57 as of Aug. 08, 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 Chroma Ate (TPE:2360) Overvalued in 2026?

Based on GuruFocus' analysis, Chroma Ate stock appears to be overvalued. The current stock price of NT$2,030.00 is trading 196.5% above its estimated GF Value™ of NT$684.64. GuruFocus considers Chroma Ate to be Significantly Overvalued.

Key valuation signals for TPE:2360:

  • Cyclically Adjusted PS Ratio: 38.57 (650% above median its 10-year median of 5.14)
  • GF Value™: NT$684.64 vs. price of NT$2,030.00 (196.5% above fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 2778.4% above the Hardware median (#1956 of 1975)

No single metric tells the full story. See the TPE:2360 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chroma Ate Business Description

Address No. 88, Wenmao Road, Guishan District, Taoyuan, TWN
Chroma Ate Inc manufactures and sells automated testing systems, electronic testing instruments, signal generators, and power supplies. The reportable segments of the company are the Test Instrument Department, the Automatic Equipment Department, and Others. The company generates maximum revenue from the Test Instrument Department segment. The Corporation designs, assembles, calibrates, manufactures, sells, repairs, and maintains software/hardware for computers and peripherals, computerized automatic test systems, electronic test instruments, signal generators, power supplies, telecom power supplies, and others.
75GF Score

Get the complete analysis for TPE:2360

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

NT$2,030.00
Price
NT$684.64
GF Value