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Everlight Electronics CoTPE:2393 -2.02%81 Cyclically Adjusted PS Ratio is 1.11 as of Jul. 29, 2026, which is 41% above its 10-year median of 0.79. GuruFocus rates TPE:2393 with a GF Score™ of 81/100 and a GF Value™ of NT$62.14 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,975 Hardware companies, Everlight Electronics Co ranks better than 54.53% on this metric.
The historical rank and industry rank for Everlight Electronics Co's Cyclically Adjusted PS Ratio or its related term are showing as below:
TPE:2393'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43 Med: 0.79 Max: 1.51
Current: 1.16
During the past years, Everlight Electronics Co's highest Cyclically Adjusted PS Ratio was 1.51. The lowest was 0.43. And the median was 0.79.
TPE:2393's Cyclically Adjusted PS Ratio is ranked better than 54.53% of 1975
companies
in the Hardware industry
Industry Median: 1.36
vs TPE:2393: 1.16
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.
Everlight Electronics Co's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$10.208. 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$57.03 for the trailing ten years ended in Dec. 2025.
Shiller PE for Stocks: The True Measure of Stock Valuation
Everlight Electronics Co (TPE:2393) 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.
Everlight Electronics Co Cyclically Adjusted PS Ratio Related Terms
Everlight Electronics Co Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Everlight Electronics 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.
Everlight Electronics Co Cyclically Adjusted PS Ratio Chart
TPE:2393 vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison
For the Electronic Components subindustry, Everlight Electronics 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.
Everlight Electronics Co Cyclically Adjusted PS Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Everlight Electronics Co's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Everlight Electronics Co's Cyclically Adjusted PS Ratio falls into.
Everlight Electronics 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.
* 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.
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 1.11 mean?
Everlight Electronics Co (TPE:2393) has a Cyclically Adjusted PS Ratio of 1.11 as of Jul. 29, 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 Everlight Electronics Co and its competitors. This is 41% above median its historical median of 0.79. Over the past decade, Everlight Electronics Co's Cyclically Adjusted PS Ratio has ranged from 0.43 to 1.51. According to the industry distribution chart, Everlight Electronics Co ranks #898 out of 1975 companies in the Hardware industry, placing it in the top 45.5%.
Is Everlight Electronics Co's Cyclically Adjusted PS Ratio too high?
Everlight Electronics Co's current Cyclically Adjusted PS Ratio of 1.11 is 41% above median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 1.51. The Hardware industry median Cyclically Adjusted PS Ratio is 1.36. Everlight Electronics Co's value of 1.11 is 18.4% below this industry median. Based on the distribution chart, Everlight Electronics Co ranks #898 out of 1975 companies in the Hardware industry, which is above the industry midpoint. Overall, Everlight Electronics Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Everlight Electronics Co's Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Everlight Electronics Co ranks #898 out of 1975 companies for Cyclically Adjusted PS Ratio. This puts Everlight Electronics Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.36. Everlight Electronics Co's value of 1.11 is 18.4% below this benchmark. Historically, Everlight Electronics Co's own Cyclically Adjusted PS Ratio has ranged from 0.43 to 1.51 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 1.36, Everlight Electronics 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 1.36, 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. Everlight Electronics Co's current Cyclically Adjusted PS Ratio of 1.11 is 18.4% 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 Everlight Electronics 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. Everlight Electronics Co's current Cyclically Adjusted PS Ratio is 1.11, which is 41% above median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Everlight Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Everlight Electronics Co (TPE:2393) is currently considered Fairly Valued. The stock's GF Value™ is NT$62.14, compared to a current price of NT$63.20 — trading 1.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.11, which is 41% above median its 10-year median of 0.79 and 18.4% below the Hardware industry median of 1.36. Everlight Electronics Co's overall GF Score™ is 81/100 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 Everlight Electronics Co (TPE:2393), the current Cyclically Adjusted PS Ratio is 1.11 as of Jul. 29, 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 Everlight Electronics Co (TPE:2393) Overvalued in 2026?
Based on GuruFocus' analysis, Everlight Electronics Co stock appears to be overvalued.
The current stock price of NT$63.20 is trading 1.7% above its estimated GF Value™ of NT$62.14.
GuruFocus considers Everlight Electronics Co to be Fairly Valued.
Key valuation signals for TPE:2393:
Cyclically Adjusted PS Ratio: 1.11 (41% above median its 10-year median of 0.79)
GF Value™: NT$62.14 vs. price of NT$63.20 (1.7% above fair value)
Industry Position: 18.4% below the Hardware median (#898 of 1975)
No single metric tells the full story. See the TPE:2393 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Everlight Electronics Co Ltd is engaged in the manufacture and sale of LEDs and optoelectronic products. Its products include visible LED, infrared products, sensors, optocouplers, and power semiconductors. The Group operates through LED, LCD, and illumination segments. The LED segment engages in the manufacture and sale of LEDs, while the LCD segment, which generates maximum revenue, engages in the manufacture and sale of LCDs and LCD modules. The illumination segment engages in the manufacture and sale of lighting products. Other operating segments mainly engage in the sale of raw materials for electronic products, masks, and electrophoretic displays. The company generates maximum revenue from Asia.
81GF Score
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