Ichia Technologies (TPE:2402) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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.
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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:2402 Ichia Technologies Inc TPE:2402
84 GF Score
Price NT$54.10
GF Value NT$49.74
Valuation Fairly Valued
! 4 Warning Signs
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What is Ichia Technologies Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ichia Technologies  (TPE:2402) 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.


Ichia Technologies Cyclically Adjusted PS Ratio Related Terms


Ichia Technologies Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ichia Technologies'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.

Ichia Technologies Cyclically Adjusted PS Ratio Chart

Ichia Technologies 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 0.63 0.65 1.28 1.40 2.21

Ichia Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.44 1.82 2.22 1.68 2.16

TPE:2402 vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Ichia Technologies'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.


Ichia Technologies Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TPE:2402
84GF Score
Ichia Technologies Inc TPE:2402
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ichia Technologies 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.

Ichia Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Ichia Technologies's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=10.031/333.9520*333.9520
=10.031

Current CPI (Jun. 2026) = 333.9520.

Ichia Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 5.272 241.428 7.292
201612 5.276 241.432 7.298
201703 4.799 243.801 6.574
201706 5.691 244.955 7.759
201709 6.591 246.819 8.918
201712 6.285 246.524 8.514
201803 5.187 249.554 6.941
201806 5.820 251.989 7.713
201809 6.347 252.439 8.396
201812 4.707 251.233 6.257
201903 4.592 254.202 6.033
201906 5.133 256.143 6.692
201909 5.393 256.759 7.014
201912 4.835 256.974 6.283
202003 3.661 258.115 4.737
202006 3.443 257.797 4.460
202009 5.087 260.280 6.527
202012 5.953 260.474 7.632
202103 5.409 264.877 6.820
202106 5.533 271.696 6.801
202109 5.407 274.310 6.583
202112 5.412 278.802 6.483
202203 5.878 287.504 6.828
202206 5.654 296.311 6.372
202209 6.977 296.808 7.850
202212 7.178 296.797 8.077
202303 6.451 301.836 7.137
202306 6.964 305.109 7.622
202309 7.934 307.789 8.608
202312 7.305 306.746 7.953
202403 6.654 312.332 7.115
202406 7.927 314.175 8.426
202409 8.668 315.301 9.181
202412 8.281 315.605 8.762
202503 8.026 319.799 8.381
202506 9.221 322.561 9.547
202509 9.383 324.800 9.647
202512 6.791 324.054 6.998
202603 9.133 330.213 9.236
202606 10.031 333.952 10.031

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.

Is Ichia Technologies (TPE:2402) Overvalued in 2026?

Based on GuruFocus' analysis, Ichia Technologies stock appears to be overvalued. The current stock price of NT$54.10 is trading 8.8% above its estimated GF Value™ of NT$49.74. GuruFocus considers Ichia Technologies to be Fairly Valued.

Key valuation signals for TPE:2402:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: NT$49.74 vs. price of NT$54.10 (8.8% above fair value)
  • GF Score™: 84/100 with 4 warning signs

No single metric tells the full story. See the TPE:2402 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ichia Technologies Business Description

Address No. 268, Huaya 2nd Road, Hwa-Ya Technology Park, Guishan District, Taoyuan, TWN
Ichia Technologies Inc manufactures, processes, and trades various components (conductive silicone elastomers, plastic keys, keyboard assemblies, input devices, and flexible printed circuit boards) and materials for electronics, home appliances, electronical engineering, electrical equipment, communications (telecommunications),and computers, as well as to import and export domestic and foreign products and to engage in the agency, distribution, tender and quotation business. Its products and services include Flexible Printed Circuit, Printed Circuit Board, SLP (Substrate-like PCB), Switch Modules, Integrated Modules, Optical & Display Design, Decorative Technologies, Smart Surface Interfaces, Robotics & Automation, Wearables, Air Cooling, and Liquid Cooling.
84GF Score

Get the complete analysis for TPE:2402

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

NT$54.10
Price
NT$49.74
GF Value