United Integrated Services Co (TPE:2404) Cyclically Adjusted PS Ratio: 4.52 (As of Jul. 30, 2026) — 104% Above Median

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TPE:2404 United Integrated Services Co Ltd TPE:2404
85 GF Score
Price NT$1,010.00
GF Value NT$610.22
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is United Integrated Services Co Cyclically Adjusted PS Ratio?

United Integrated Services Co TPE:2404 -0.49% 85 Cyclically Adjusted PS Ratio is 4.52 as of Jul. 30, 2026, which is 104% above its 10-year median of 2.22. GuruFocus rates TPE:2404 with a GF Score™ of 85/100 and a GF Value™ of NT$610.22 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,359 Construction companies, United Integrated Services Co ranks worse than 92.86% on this metric.

As of today (2026-07-30), United Integrated Services Co's current share price is NT$1010.00. United Integrated Services Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$223.23. United Integrated Services Co's Cyclically Adjusted PS Ratio for today is 4.52.

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

TPE:2404' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.24   Med: 2.22   Max: 6.33
Current: 5.02

During the past years, United Integrated Services Co's highest Cyclically Adjusted PS Ratio was 6.33. The lowest was 1.24. And the median was 2.22.

TPE:2404's Cyclically Adjusted PS Ratio is ranked worse than
92.86% of 1359 companies
in the Construction industry
Industry Median: 0.7 vs TPE:2404: 5.02

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.

United Integrated Services Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$106.613. 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$223.23 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Integrated Services Co  (TPE:2404) 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.


United Integrated Services Co Cyclically Adjusted PS Ratio Related Terms


United Integrated Services Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for United Integrated Services 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.

United Integrated Services Co Cyclically Adjusted PS Ratio Chart

United Integrated Services 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 1.86 1.49 1.70 2.67 4.49

United Integrated Services 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 2.44 3.21 4.40 4.49 3.68

TPE:2404 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, United Integrated Services 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.


United Integrated Services Co Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, United Integrated Services Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where United Integrated Services Co's Cyclically Adjusted PS Ratio falls into.


TPE:2404
85GF Score
United Integrated Services Co Ltd TPE:2404
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

United Integrated Services 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.

United Integrated Services Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1010.00/223.23
=4.52

* 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.

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

For example, United Integrated Services 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)
=106.613/330.2130*330.2130
=106.613

Current CPI (Mar. 2026) = 330.2130.

United Integrated Services Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 22.017 241.018 30.165
201609 16.740 241.428 22.896
201612 19.544 241.432 26.731
201703 17.553 243.801 23.774
201706 18.701 244.955 25.210
201709 14.788 246.819 19.784
201712 13.667 246.524 18.307
201803 12.259 249.554 16.221
201806 12.547 251.989 16.442
201809 17.903 252.439 23.419
201812 39.256 251.233 51.597
201903 34.153 254.202 44.365
201906 30.327 256.143 39.097
201909 22.165 256.759 28.506
201912 37.361 256.974 48.009
202003 35.325 258.115 45.192
202006 52.044 257.797 66.663
202009 62.041 260.280 78.710
202012 36.321 260.474 46.046
202103 30.231 264.877 37.688
202106 31.323 271.696 38.069
202109 32.632 274.310 39.282
202112 38.856 278.802 46.021
202203 30.292 287.504 34.792
202206 52.937 296.311 58.994
202209 73.610 296.808 81.895
202212 95.954 296.797 106.757
202303 82.441 301.836 90.192
202306 93.126 305.109 100.788
202309 92.364 307.789 99.093
202312 95.325 306.746 102.618
202403 64.904 312.332 68.620
202406 60.350 314.175 63.431
202409 58.442 315.301 61.206
202412 66.530 315.605 69.609
202503 60.759 319.799 62.738
202506 78.050 322.561 79.902
202509 101.445 324.800 103.136
202512 107.674 324.054 109.720
202603 106.613 330.213 106.613

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 4.52 mean?
United Integrated Services Co (TPE:2404) has a Cyclically Adjusted PS Ratio of 4.52 as of Jul. 30, 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 United Integrated Services Co and its competitors. This is 104% above median its historical median of 2.22. Over the past decade, United Integrated Services Co's Cyclically Adjusted PS Ratio has ranged from 1.24 to 6.33. According to the industry distribution chart, United Integrated Services Co ranks #1262 out of 1359 companies in the Construction industry, placing it in the top 92.9%.
Is United Integrated Services Co's Cyclically Adjusted PS Ratio too high?
United Integrated Services Co's current Cyclically Adjusted PS Ratio of 4.52 is 104% above median its 10-year median of 2.22. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 6.33. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. United Integrated Services Co's value of 4.52 is 545.7% above this industry median. Based on the distribution chart, United Integrated Services Co ranks #1262 out of 1359 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, United Integrated Services Co has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does United Integrated Services Co's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, United Integrated Services Co ranks #1262 out of 1359 companies for Cyclically Adjusted PS Ratio. This places United Integrated Services Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. United Integrated Services Co's value of 4.52 is 545.7% above this benchmark. Historically, United Integrated Services Co's own Cyclically Adjusted PS Ratio has ranged from 1.24 to 6.33 over the past decade. While the company's 10-year median is 2.22 vs. the industry median of 0.70, United Integrated Services 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,359 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. United Integrated Services Co's current Cyclically Adjusted PS Ratio of 4.52 is 545.7% 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 United Integrated Services Co and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Integrated Services Co's current Cyclically Adjusted PS Ratio is 4.52, which is 104% above median its own 10-year median of 2.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Integrated Services Co stock overvalued right now?
Based on GuruFocus' analysis, United Integrated Services Co (TPE:2404) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$610.22, compared to a current price of NT$1,010.00 — trading 65.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.52, which is 104% above median its 10-year median of 2.22 and 545.7% above the Construction industry median of 0.70. United Integrated Services Co's overall GF Score™ is 85/100 with 1 warning sign 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 United Integrated Services Co (TPE:2404), the current Cyclically Adjusted PS Ratio is 4.52 as of Jul. 30, 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 United Integrated Services Co (TPE:2404) Overvalued in 2026?

Based on GuruFocus' analysis, United Integrated Services Co stock appears to be overvalued. The current stock price of NT$1,010.00 is trading 65.5% above its estimated GF Value™ of NT$610.22. GuruFocus considers United Integrated Services Co to be Significantly Overvalued.

Key valuation signals for TPE:2404:

  • Cyclically Adjusted PS Ratio: 4.52 (104% above median its 10-year median of 2.22)
  • GF Value™: NT$610.22 vs. price of NT$1,010.00 (65.5% above fair value)
  • GF Score™: 85/100 with 1 warning sign
  • Industry Position: 545.7% above the Construction median (#1262 of 1359)

No single metric tells the full story. See the TPE:2404 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


United Integrated Services Co Business Description

Address No. 13, Qiaohe Road, 13th Floor, Zhonghe District, New Taipei, TWN, 235029
United Integrated Services Co Ltd is a Taiwan-based engineering and construction company. The company's service offerings include engineering consulting and high-tech factory planning and delivery that integrate clients' clean-room systems; heating, ventilation, and air-conditioning systems; electrical systems; instrumentation and control; process utilities telecommunication systems; and tool hook-up. The company also provides turnkey services, including planning, procurement, construction, startup/commissioning, and post-construction operation and maintenance services. Its operating segments are Engineering and Integration department; Maintenance and Design department; and Other.
85GF Score

Get the complete analysis for TPE:2404

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

NT$1,010.00
Price
NT$610.22
GF Value