Twinhead International (TPE:2364) Cyclically Adjusted PS Ratio: 3.40 (As of Aug. 16, 2026) — 101% Above Median

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TPE:2364 Twinhead International Corp TPE:2364
85 GF Score
Price NT$81.00
GF Value NT$77.49
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Twinhead International Cyclically Adjusted PS Ratio?

Twinhead International TPE:2364 -0.37% 85 Cyclically Adjusted PS Ratio is 3.40 as of Aug. 16, 2026, which is 101% above its 10-year median of 1.69. GuruFocus rates TPE:2364 with a GF Score™ of 85/100 and a GF Value™ of NT$77.49 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,975 Hardware companies, Twinhead International ranks worse than 72% on this metric.

As of today (2026-08-16), Twinhead International's current share price is NT$81.00. Twinhead International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$23.84. Twinhead International's Cyclically Adjusted PS Ratio for today is 3.40.

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: 1.69   Max: 3.53
Current: 3.4

During the past years, Twinhead International's highest Cyclically Adjusted PS Ratio was 3.53. The lowest was 0.12. And the median was 1.69.

TPE:2364's Cyclically Adjusted PS Ratio is ranked worse than
72% of 1975 companies
in the Hardware industry
Industry Median: 1.41 vs TPE:2364: 3.40

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 Mar. 2026 was NT$6.445. 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$23.84 for the trailing ten years ended in Mar. 2026.

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
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 2.39 2.63 3.01 2.74 2.50

TPE:2364 vs DELL, ANET, SNDK: 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
85GF 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
=81.00/23.84
=3.40

* 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 Mar. 2026 is calculated as:

For example, Twinhead International'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)
=6.445/330.2130*330.2130
=6.445

Current CPI (Mar. 2026) = 330.2130.

Twinhead International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 9.781 241.018 13.401
201609 6.634 241.428 9.074
201612 7.047 241.432 9.638
201703 3.950 243.801 5.350
201706 3.431 244.955 4.625
201709 4.431 246.819 5.928
201712 2.900 246.524 3.884
201803 4.494 249.554 5.947
201806 4.185 251.989 5.484
201809 4.623 252.439 6.047
201812 4.200 251.233 5.520
201903 3.566 254.202 4.632
201906 3.204 256.143 4.131
201909 4.252 256.759 5.468
201912 4.971 256.974 6.388
202003 3.339 258.115 4.272
202006 3.514 257.797 4.501
202009 4.702 260.280 5.965
202012 4.927 260.474 6.246
202103 3.536 264.877 4.408
202106 4.535 271.696 5.512
202109 4.555 274.310 5.483
202112 3.885 278.802 4.601
202203 3.728 287.504 4.282
202206 4.538 296.311 5.057
202209 3.481 296.808 3.873
202212 5.168 296.797 5.750
202303 4.906 301.836 5.367
202306 5.208 305.109 5.637
202309 4.859 307.789 5.213
202312 5.593 306.746 6.021
202403 4.806 312.332 5.081
202406 5.825 314.175 6.122
202409 6.998 315.301 7.329
202412 6.164 315.605 6.449
202503 7.177 319.799 7.411
202506 7.337 322.561 7.511
202509 7.602 324.800 7.729
202512 6.454 324.054 6.577
202603 6.445 330.213 6.445

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 3.40 mean?
Twinhead International (TPE:2364) has a Cyclically Adjusted PS Ratio of 3.40 as of Aug. 16, 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 101% above median its historical median of 1.69. Over the past decade, Twinhead International's Cyclically Adjusted PS Ratio has ranged from 0.12 to 3.53. According to the industry distribution chart, Twinhead International ranks #1422 out of 1975 companies in the Hardware industry, placing it in the top 72%.
Is Twinhead International's Cyclically Adjusted PS Ratio too high?
Twinhead International's current Cyclically Adjusted PS Ratio of 3.40 is 101% above median its 10-year median of 1.69. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 3.53. The Hardware industry median Cyclically Adjusted PS Ratio is 1.41. Twinhead International's value of 3.40 is 141.1% above this industry median. Based on the distribution chart, Twinhead International ranks #1422 out of 1975 companies in the Hardware industry, which is below the industry midpoint. Overall, Twinhead International has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Twinhead International's Cyclically Adjusted PS Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Twinhead International ranks #1422 out of 1975 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 1.41. Twinhead International's value of 3.40 is 141.1% above this benchmark. Historically, Twinhead International's own Cyclically Adjusted PS Ratio has ranged from 0.12 to 3.53 over the past decade. While the company's 10-year median is 1.69 vs. the industry median of 1.41, 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 1.41, 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. Twinhead International's current Cyclically Adjusted PS Ratio of 3.40 is 141.1% 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 1.41 — 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 3.40, which is 101% above median its own 10-year median of 1.69. 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 Fairly Valued. The stock's GF Value™ is NT$77.49, compared to a current price of NT$81.00 — trading 4.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.40, which is 101% above median its 10-year median of 1.69 and 141.1% above the Hardware industry median of 1.41. Twinhead International's overall GF Score™ is 85/100 with 3 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 Twinhead International (TPE:2364), the current Cyclically Adjusted PS Ratio is 3.40 as of Aug. 16, 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 overvalued. The current stock price of NT$81.00 is trading 4.5% above its estimated GF Value™ of NT$77.49. GuruFocus considers Twinhead International to be Fairly Valued.

Key valuation signals for TPE:2364:

  • Cyclically Adjusted PS Ratio: 3.40 (101% above median its 10-year median of 1.69)
  • GF Value™: NT$77.49 vs. price of NT$81.00 (4.5% above fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 141.1% above the Hardware median (#1422 of 1975)

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.
85GF 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$81.00
Price
NT$77.49
GF Value