Twinhead International (TPE:2364) Cyclically Adjusted PS Ratio: 2.93 (As of Jul. 26, 2026) — 74% Above Median

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TPE:2364 Twinhead International Corp TPE:2364
87 GF Score
Price NT$71.20
GF Value NT$83.56
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Twinhead International Cyclically Adjusted PS Ratio?

Twinhead International TPE:2364 +0.42% 87 Cyclically Adjusted PS Ratio is 2.93 as of Jul. 26, 2026, which is 74% above its 10-year median of 1.68. GuruFocus rates TPE:2364 with a GF Score™ of 87/100 and a GF Value™ of NT$83.56 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,974 Hardware companies, Twinhead International ranks worse than 70.01% on this metric.

As of today (2026-07-26), Twinhead International's current share price is NT$71.20. Twinhead International's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$24.28. Twinhead International's Cyclically Adjusted PS Ratio for today is 2.93.

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

TPE:2364' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 1.68   Max: 3.52
Current: 2.93

During the past years, Twinhead International's highest Cyclically Adjusted PS Ratio was 3.52. The lowest was 0.12. And the median was 1.68.

TPE:2364's Cyclically Adjusted PS Ratio is ranked worse than
70.01% of 1974 companies
in the Hardware industry
Industry Median: 1.36 vs TPE:2364: 2.93

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.

Twinhead International's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$6.454. 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$24.28 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Twinhead International  (TPE:2364) 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.


Twinhead International Cyclically Adjusted PS Ratio Related Terms


Twinhead International Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Twinhead International'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.

Twinhead International Cyclically Adjusted PS Ratio Chart

Twinhead International 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 0.27 1.63 2.50 2.45 2.74

Twinhead International Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 2.45 2.39 2.63 3.01 2.74

TPE:2364 vs SNDK, DELL, STX: Cyclically Adjusted PS Ratio Comparison

For the Computer Hardware subindustry, Twinhead International'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.


Twinhead International Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TPE:2364
87GF Score
Twinhead International Corp TPE:2364
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Twinhead International 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.

Twinhead International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=71.20/24.28
=2.93

* 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.

Twinhead International's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Twinhead International's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=6.454/324.0540*324.0540
=6.454

Current CPI (Dec. 2025) = 324.0540.

Twinhead International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 11.162 238.132 15.189
201606 9.781 241.018 13.151
201609 6.634 241.428 8.904
201612 7.047 241.432 9.459
201703 3.950 243.801 5.250
201706 3.431 244.955 4.539
201709 4.431 246.819 5.818
201712 2.900 246.524 3.812
201803 4.494 249.554 5.836
201806 4.185 251.989 5.382
201809 4.623 252.439 5.935
201812 4.200 251.233 5.417
201903 3.566 254.202 4.546
201906 3.204 256.143 4.053
201909 4.252 256.759 5.366
201912 4.971 256.974 6.269
202003 3.339 258.115 4.192
202006 3.514 257.797 4.417
202009 4.702 260.280 5.854
202012 4.927 260.474 6.130
202103 3.536 264.877 4.326
202106 4.535 271.696 5.409
202109 4.555 274.310 5.381
202112 3.885 278.802 4.516
202203 3.728 287.504 4.202
202206 4.538 296.311 4.963
202209 3.481 296.808 3.801
202212 5.168 296.797 5.643
202303 4.906 301.836 5.267
202306 5.208 305.109 5.531
202309 4.859 307.789 5.116
202312 5.593 306.746 5.909
202403 4.806 312.332 4.986
202406 5.825 314.175 6.008
202409 6.998 315.301 7.192
202412 6.164 315.605 6.329
202503 7.201 319.799 7.297
202506 7.337 322.561 7.371
202509 7.602 324.800 7.585
202512 6.454 324.054 6.454

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 2.93 mean?
Twinhead International (TPE:2364) has a Cyclically Adjusted PS Ratio of 2.93 as of Jul. 26, 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 Twinhead International and its competitors. This is 74% above median its historical median of 1.68. Over the past decade, Twinhead International's Cyclically Adjusted PS Ratio has ranged from 0.12 to 3.52. According to the industry distribution chart, Twinhead International ranks #1382 out of 1974 companies in the Hardware industry, placing it in the top 70%.
Is Twinhead International's Cyclically Adjusted PS Ratio too high?
Twinhead International's current Cyclically Adjusted PS Ratio of 2.93 is 74% above median its 10-year median of 1.68. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 3.52. The Hardware industry median Cyclically Adjusted PS Ratio is 1.36. Twinhead International's value of 2.93 is 115.4% above this industry median. Based on the distribution chart, Twinhead International ranks #1382 out of 1974 companies in the Hardware industry, which is below the industry midpoint. Overall, Twinhead International has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Twinhead International's Cyclically Adjusted PS Ratio compare to SNDK and DELL?
According to the Hardware industry distribution chart, Twinhead International ranks #1382 out of 1974 companies for Cyclically Adjusted PS Ratio. This places Twinhead International in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.36. Twinhead International's value of 2.93 is 115.4% above this benchmark. Historically, Twinhead International's own Cyclically Adjusted PS Ratio has ranged from 0.12 to 3.52 over the past decade. While the company's 10-year median is 1.68 vs. the industry median of 1.36, Twinhead International 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 1.36, based on 1,974 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. Twinhead International's current Cyclically Adjusted PS Ratio of 2.93 is 115.4% 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 Twinhead International and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Twinhead International's current Cyclically Adjusted PS Ratio is 2.93, which is 74% above median its own 10-year median of 1.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Twinhead International stock overvalued right now?
Based on GuruFocus' analysis, Twinhead International (TPE:2364) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$83.56, compared to a current price of NT$71.20 — trading 14.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.93, which is 74% above median its 10-year median of 1.68 and 115.4% above the Hardware industry median of 1.36. Twinhead International's overall GF Score™ is 87/100 with 1 warning sign 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 Twinhead International (TPE:2364), the current Cyclically Adjusted PS Ratio is 2.93 as of Jul. 26, 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 Twinhead International (TPE:2364) Overvalued in 2026?

Based on GuruFocus' analysis, Twinhead International stock appears to be undervalued. The current stock price of NT$71.20 is trading 14.8% below its estimated GF Value™ of NT$83.56. GuruFocus considers Twinhead International to be Modestly Undervalued.

Key valuation signals for TPE:2364:

  • Cyclically Adjusted PS Ratio: 2.93 (74% above median its 10-year median of 1.68)
  • GF Value™: NT$83.56 vs. price of NT$71.20 (14.8% below fair value)
  • GF Score™: 87/100 with 1 warning sign
  • Industry Position: 115.4% above the Hardware median (#1382 of 1974)

No single metric tells the full story. See the TPE:2364 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Twinhead International Business Description

Address Ruiguang Road, No. 550, 9th Floor, Neihu District, Taipei, TWN, 114
Twinhead International Corp is engaged in the manufacturing of personal computers and peripherals. Its product offerings include mobile computers for military or industrial applications, rugged tablet PCs, semi-rugged mobile computers, mobile thin clients, medical tablet PCs, and other customized motherboards/systems. In addition to standard product lines, the company also offers full original design manufacturing and partial customization services. Geographically, it generates the majority of its revenue from personal Europe.
87GF Score

Get the complete analysis for TPE:2364

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

NT$71.20
Price
NT$83.56
GF Value