Ability Enterprise Co (TPE:2374) Cyclically Adjusted PS Ratio: 2.56 (As of Jul. 27, 2026) — 540% 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:2374 Ability Enterprise Co Ltd TPE:2374
82 GF Score
Price NT$67.50
GF Value NT$85.26
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Ability Enterprise Co Cyclically Adjusted PS Ratio?

Ability Enterprise Co TPE:2374 -0.88% 82 Cyclically Adjusted PS Ratio is 2.56 as of Jul. 27, 2026, which is 540% above its 10-year median of 0.40. GuruFocus rates TPE:2374 with a GF Score™ of 82/100 and a GF Value™ of NT$85.26 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,974 Hardware companies, Ability Enterprise Co ranks worse than 66.72% on this metric.

As of today (2026-07-27), Ability Enterprise Co's current share price is NT$67.50. Ability Enterprise Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$26.35. Ability Enterprise Co's Cyclically Adjusted PS Ratio for today is 2.56.

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

TPE:2374' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.4   Max: 3.23
Current: 2.56

During the past years, Ability Enterprise Co's highest Cyclically Adjusted PS Ratio was 3.23. The lowest was 0.10. And the median was 0.40.

TPE:2374's Cyclically Adjusted PS Ratio is ranked worse than
66.72% of 1974 companies
in the Hardware industry
Industry Median: 1.36 vs TPE:2374: 2.56

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.

Ability Enterprise Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$8.095. 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$26.35 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ability Enterprise Co  (TPE:2374) 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.


Ability Enterprise Co Cyclically Adjusted PS Ratio Related Terms


Ability Enterprise Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ability Enterprise 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.

Ability Enterprise Co Cyclically Adjusted PS Ratio Chart

Ability Enterprise 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 0.47 0.39 0.62 1.96 2.94

Ability Enterprise Co 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 1.51 1.68 3.14 2.94 2.53

TPE:2374 vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Ability Enterprise 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.


Ability Enterprise Co Cyclically Adjusted PS Ratio vs Hardware Industry

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

* The bar in red indicates where Ability Enterprise Co's Cyclically Adjusted PS Ratio falls into.


TPE:2374
82GF Score
Ability Enterprise Co Ltd TPE:2374
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ability Enterprise 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.

Ability Enterprise Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=67.50/26.35
=2.56

* 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.

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

For example, Ability Enterprise Co'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)
=8.095/330.2130*330.2130
=8.095

Current CPI (Mar. 2026) = 330.2130.

Ability Enterprise Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 9.308 241.018 12.753
201609 7.046 241.428 9.637
201612 9.441 241.432 12.913
201703 8.780 243.801 11.892
201706 9.979 244.955 13.452
201709 8.539 246.819 11.424
201712 8.124 246.524 10.882
201803 5.996 249.554 7.934
201806 6.406 251.989 8.395
201809 5.698 252.439 7.453
201812 5.944 251.233 7.813
201903 6.122 254.202 7.953
201906 6.798 256.143 8.764
201909 4.257 256.759 5.475
201912 3.826 256.974 4.916
202003 2.316 258.115 2.963
202006 2.399 257.797 3.073
202009 3.171 260.280 4.023
202012 3.001 260.474 3.804
202103 1.938 264.877 2.416
202106 2.172 271.696 2.640
202109 3.477 274.310 4.186
202112 3.792 278.802 4.491
202203 3.283 287.504 3.771
202206 4.571 296.311 5.094
202209 4.656 296.808 5.180
202212 4.014 296.797 4.466
202303 2.902 301.836 3.175
202306 3.411 305.109 3.692
202309 4.878 307.789 5.233
202312 4.116 306.746 4.431
202403 3.896 312.332 4.119
202406 4.722 314.175 4.963
202409 5.316 315.301 5.567
202412 5.163 315.605 5.402
202503 4.616 319.799 4.766
202506 7.171 322.561 7.341
202509 8.418 324.800 8.558
202512 10.190 324.054 10.384
202603 8.095 330.213 8.095

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 2.56 mean?
Ability Enterprise Co (TPE:2374) has a Cyclically Adjusted PS Ratio of 2.56 as of Jul. 27, 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 Ability Enterprise Co and its competitors. This is 540% above median its historical median of 0.40. Over the past decade, Ability Enterprise Co's Cyclically Adjusted PS Ratio has ranged from 0.10 to 3.23. According to the industry distribution chart, Ability Enterprise Co ranks #1317 out of 1974 companies in the Hardware industry, placing it in the top 66.7%.
Is Ability Enterprise Co's Cyclically Adjusted PS Ratio too high?
Ability Enterprise Co's current Cyclically Adjusted PS Ratio of 2.56 is 540% above median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 3.23. The Hardware industry median Cyclically Adjusted PS Ratio is 1.36. Ability Enterprise Co's value of 2.56 is 88.2% above this industry median. Based on the distribution chart, Ability Enterprise Co ranks #1317 out of 1974 companies in the Hardware industry, which is below the industry midpoint. Overall, Ability Enterprise Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ability Enterprise Co's Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Ability Enterprise Co ranks #1317 out of 1974 companies for Cyclically Adjusted PS Ratio. This places Ability Enterprise Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.36. Ability Enterprise Co's value of 2.56 is 88.2% above this benchmark. Historically, Ability Enterprise Co's own Cyclically Adjusted PS Ratio has ranged from 0.10 to 3.23 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 1.36, Ability Enterprise 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 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. Ability Enterprise Co's current Cyclically Adjusted PS Ratio of 2.56 is 88.2% 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 Ability Enterprise Co 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. Ability Enterprise Co's current Cyclically Adjusted PS Ratio is 2.56, which is 540% above median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ability Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Ability Enterprise Co (TPE:2374) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$85.26, compared to a current price of NT$67.50 — trading 20.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.56, which is 540% above median its 10-year median of 0.40 and 88.2% above the Hardware industry median of 1.36. Ability Enterprise Co's overall GF Score™ is 82/100 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 Ability Enterprise Co (TPE:2374), the current Cyclically Adjusted PS Ratio is 2.56 as of Jul. 27, 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 Ability Enterprise Co (TPE:2374) Overvalued in 2026?

Based on GuruFocus' analysis, Ability Enterprise Co stock appears to be undervalued. The current stock price of NT$67.50 is trading 20.8% below its estimated GF Value™ of NT$85.26. GuruFocus considers Ability Enterprise Co to be Modestly Undervalued.

Key valuation signals for TPE:2374:

  • Cyclically Adjusted PS Ratio: 2.56 (540% above median its 10-year median of 0.40)
  • GF Value™: NT$85.26 vs. price of NT$67.50 (20.8% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 88.2% above the Hardware median (#1317 of 1974)

No single metric tells the full story. See the TPE:2374 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ability Enterprise Co Business Description

Address No. 200, Zhonghuan Road, Section 3, Xinzhuang District, New Taipei City, TWN, 242030
Ability Enterprise Co Ltd is mainly engaged in the manufacturing, purchases and sales of digital cameras, optical product components and film/video accessories. The Company's main activities are the manufacturing and sales of optical products, and the strategic investing segment focuses on sales of design and manufacturing of optical elements. It specializes in integrating optics, mechanics, acoustics, electronics, and software. Its product portfolio includes security equipment, home appliances, machine vision systems, video live streaming systems, cloud-based solutions, and automotive imaging applications. Its segments are the optical manufacturing segment, which generates maximum revenue, and the strategic investing segment. The Company generates maximum revenue from Japan.
82GF Score

Get the complete analysis for TPE:2374

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

NT$67.50
Price
NT$85.26
GF Value