Cheng Uei Precision Industry Co (TPE:2392) Cyclically Adjusted PS Ratio: 0.16 (As of Aug. 06, 2026) — 16% Below Median

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TPE:2392 Cheng Uei Precision Industry Co Ltd TPE:2392
62 GF Score
Price NT$37.00
GF Value NT$48.42
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Cheng Uei Precision Industry Co Cyclically Adjusted PS Ratio?

Cheng Uei Precision Industry Co TPE:2392 +6.17% 62 Cyclically Adjusted PS Ratio is 0.16 as of Aug. 06, 2026, which is 16% below its 10-year median of 0.19. GuruFocus rates TPE:2392 with a GF Score™ of 62/100 and a GF Value™ of NT$48.42 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,975 Hardware companies, Cheng Uei Precision Industry Co ranks better than 92.96% on this metric.

As of today (2026-08-06), Cheng Uei Precision Industry Co's current share price is NT$37.00. Cheng Uei Precision Industry Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$225.99. Cheng Uei Precision Industry Co's Cyclically Adjusted PS Ratio for today is 0.16.

The historical rank and industry rank for Cheng Uei Precision Industry Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

TPE:2392' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.19   Max: 0.4
Current: 0.16

During the past years, Cheng Uei Precision Industry Co's highest Cyclically Adjusted PS Ratio was 0.40. The lowest was 0.12. And the median was 0.19.

TPE:2392's Cyclically Adjusted PS Ratio is ranked better than
92.96% of 1975 companies
in the Hardware industry
Industry Median: 1.34 vs TPE:2392: 0.16

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.

Cheng Uei Precision Industry Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$43.827. 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$225.99 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cheng Uei Precision Industry Co  (TPE:2392) 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.


Cheng Uei Precision Industry Co Cyclically Adjusted PS Ratio Related Terms


Cheng Uei Precision Industry Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Cheng Uei Precision Industry 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.

Cheng Uei Precision Industry Co Cyclically Adjusted PS Ratio Chart

Cheng Uei Precision Industry 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 0.18 0.17 0.22 0.32 0.17

Cheng Uei Precision Industry 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 0.24 0.23 0.21 0.17 0.15

TPE:2392 vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Cheng Uei Precision Industry 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.


Cheng Uei Precision Industry Co Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Cheng Uei Precision Industry Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Cheng Uei Precision Industry Co's Cyclically Adjusted PS Ratio falls into.


TPE:2392
62GF Score
Cheng Uei Precision Industry Co Ltd TPE:2392
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cheng Uei Precision Industry 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.

Cheng Uei Precision Industry Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=37.00/225.99
=0.16

* 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.

Cheng Uei Precision Industry Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Cheng Uei Precision Industry 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)
=43.827/330.2130*330.2130
=43.827

Current CPI (Mar. 2026) = 330.2130.

Cheng Uei Precision Industry Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 32.161 241.018 44.063
201609 51.153 241.428 69.964
201612 53.046 241.432 72.552
201703 35.446 243.801 48.009
201706 36.174 244.955 48.765
201709 53.235 246.819 71.222
201712 57.084 246.524 76.463
201803 37.035 249.554 49.005
201806 40.363 251.989 52.893
201809 44.441 252.439 58.133
201812 51.836 251.233 68.132
201903 39.687 254.202 51.554
201906 43.386 256.143 55.932
201909 59.785 256.759 76.888
201912 57.180 256.974 73.477
202003 33.015 258.115 42.237
202006 42.295 257.797 54.176
202009 53.015 260.280 67.259
202012 55.363 260.474 70.186
202103 40.989 264.877 51.100
202106 36.187 271.696 43.981
202109 43.694 274.310 52.599
202112 57.335 278.802 67.908
202203 36.628 287.504 42.069
202206 45.008 296.311 50.158
202209 54.226 296.808 60.329
202212 56.221 296.797 62.551
202303 38.869 301.836 42.523
202306 36.036 305.109 39.001
202309 53.300 307.789 57.183
202312 59.893 306.746 64.475
202403 40.608 312.332 42.933
202406 46.453 314.175 48.824
202409 53.680 315.301 56.219
202412 70.510 315.605 73.774
202503 45.960 319.799 47.457
202506 46.199 322.561 47.295
202509 57.039 324.800 57.990
202512 55.739 324.054 56.798
202603 43.827 330.213 43.827

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 0.16 mean?
Cheng Uei Precision Industry Co (TPE:2392) has a Cyclically Adjusted PS Ratio of 0.16 as of Aug. 06, 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 Cheng Uei Precision Industry Co and its competitors. This is 16% below median its historical median of 0.19. Over the past decade, Cheng Uei Precision Industry Co's Cyclically Adjusted PS Ratio has ranged from 0.12 to 0.40. According to the industry distribution chart, Cheng Uei Precision Industry Co ranks #139 out of 1975 companies in the Hardware industry, placing it in the top 7%.
Is Cheng Uei Precision Industry Co's Cyclically Adjusted PS Ratio too high?
Cheng Uei Precision Industry Co's current Cyclically Adjusted PS Ratio of 0.16 is 16% below median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.40. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. Cheng Uei Precision Industry Co's value of 0.16 is 88.1% below this industry median. Based on the distribution chart, Cheng Uei Precision Industry Co ranks #139 out of 1975 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Cheng Uei Precision Industry Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cheng Uei Precision Industry Co's Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Cheng Uei Precision Industry Co ranks #139 out of 1975 companies for Cyclically Adjusted PS Ratio. This places Cheng Uei Precision Industry Co in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.34. Cheng Uei Precision Industry Co's value of 0.16 is 88.1% below this benchmark. Historically, Cheng Uei Precision Industry Co's own Cyclically Adjusted PS Ratio has ranged from 0.12 to 0.40 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 1.34, Cheng Uei Precision Industry Co has consistently been below 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. Cheng Uei Precision Industry Co's current Cyclically Adjusted PS Ratio of 0.16 is 88.1% below 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 Cheng Uei Precision Industry Co 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. Cheng Uei Precision Industry Co's current Cyclically Adjusted PS Ratio is 0.16, which is 16% below median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheng Uei Precision Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Cheng Uei Precision Industry Co (TPE:2392) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$48.42, compared to a current price of NT$37.00 — trading 23.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.16, which is 16% below median its 10-year median of 0.19 and 88.1% below the Hardware industry median of 1.34. Cheng Uei Precision Industry Co's overall GF Score™ is 62/100 with 8 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 Cheng Uei Precision Industry Co (TPE:2392), the current Cyclically Adjusted PS Ratio is 0.16 as of Aug. 06, 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 Cheng Uei Precision Industry Co (TPE:2392) Overvalued in 2026?

Based on GuruFocus' analysis, Cheng Uei Precision Industry Co stock appears to be undervalued. The current stock price of NT$37.00 is trading 23.6% below its estimated GF Value™ of NT$48.42. GuruFocus considers Cheng Uei Precision Industry Co to be Modestly Undervalued.

Key valuation signals for TPE:2392:

  • Cyclically Adjusted PS Ratio: 0.16 (16% below median its 10-year median of 0.19)
  • GF Value™: NT$48.42 vs. price of NT$37.00 (23.6% below fair value)
  • GF Score™: 62/100 with 8 warning signs
  • Industry Position: 88.1% below the Hardware median (#139 of 1975)

No single metric tells the full story. See the TPE:2392 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cheng Uei Precision Industry Co Business Description

Address No.18, Zhongshan Road, Tucheng District, New Taipei City, TWN, 236
Cheng Uei Precision Industry Co Ltd is engaged in the manufacture of cable assemblies, connectors, battery packs, and power modules. Its main clients are producers of communications devices, computers, and consumer electronics. Its product portfolio consists of cables, connectors, accessories, battery packs, power modules, wireless and Bluetooth products, camera modules, audio products, wearable devices, and gaming products. The company's reportable operating segments include Systems and peripheral products, which derive maximum revenue, 3C component, 3C product retail, Energy service management, and Others. Geographically, it derives maximum revenue from America, followed by Taiwan, China, Vietnam, Hong Kong, India, and other regions.
62GF Score

Get the complete analysis for TPE:2392

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

NT$37.00
Price
NT$48.42
GF Value