Space Shuttle Hi-Tech Co (TPE:2440) Cyclically Adjusted PS Ratio: 0.54 (As of Jul. 31, 2026) — Near Median

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TPE:2440 Space Shuttle Hi-Tech Co Ltd TPE:2440
72 GF Score
Price NT$15.25
GF Value NT$15.37
Valuation Fairly Valued
! 8 Warning Signs
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What is Space Shuttle Hi-Tech Co Cyclically Adjusted PS Ratio?

Space Shuttle Hi-Tech Co TPE:2440 +5.17% 72 Cyclically Adjusted PS Ratio is 0.54 as of Jul. 31, 2026, which is at its 10-year median of 0.54. GuruFocus rates TPE:2440 with a GF Score™ of 72/100 and a GF Value™ of NT$15.37 (Fairly Valued). The stock has 8 warning signs investors should review. Among 2,300 Industrial Products companies, Space Shuttle Hi-Tech Co ranks better than 79.48% on this metric.

As of today (2026-07-31), Space Shuttle Hi-Tech Co's current share price is NT$15.25. Space Shuttle Hi-Tech Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$27.99. Space Shuttle Hi-Tech Co's Cyclically Adjusted PS Ratio for today is 0.54.

The historical rank and industry rank for Space Shuttle Hi-Tech Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

TPE:2440' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.54   Max: 1.32
Current: 0.52

During the past years, Space Shuttle Hi-Tech Co's highest Cyclically Adjusted PS Ratio was 1.32. The lowest was 0.34. And the median was 0.54.

TPE:2440's Cyclically Adjusted PS Ratio is ranked better than
79.48% of 2300 companies
in the Industrial Products industry
Industry Median: 1.695 vs TPE:2440: 0.52

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.

Space Shuttle Hi-Tech Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$7.057. 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$27.99 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Space Shuttle Hi-Tech Co  (TPE:2440) 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.


Space Shuttle Hi-Tech Co Cyclically Adjusted PS Ratio Related Terms


Space Shuttle Hi-Tech Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Space Shuttle Hi-Tech 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.

Space Shuttle Hi-Tech Co Cyclically Adjusted PS Ratio Chart

Space Shuttle Hi-Tech 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 0.85 0.50 0.51 0.49 0.54

Space Shuttle Hi-Tech 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 0.51 0.48 0.46 0.54 0.50

TPE:2440 vs VRT, BE: Cyclically Adjusted PS Ratio Comparison

For the Electrical Equipment & Parts subindustry, Space Shuttle Hi-Tech 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.


Space Shuttle Hi-Tech Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Space Shuttle Hi-Tech Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Space Shuttle Hi-Tech Co's Cyclically Adjusted PS Ratio falls into.


TPE:2440
72GF Score
Space Shuttle Hi-Tech Co Ltd TPE:2440
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Space Shuttle Hi-Tech 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.

Space Shuttle Hi-Tech Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.25/27.99
=0.54

* 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.

Space Shuttle Hi-Tech Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Space Shuttle Hi-Tech 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)
=7.057/330.2130*330.2130
=7.057

Current CPI (Mar. 2026) = 330.2130.

Space Shuttle Hi-Tech Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.060 241.018 5.563
201609 4.536 241.428 6.204
201612 4.790 241.432 6.551
201703 4.715 243.801 6.386
201706 5.524 244.955 7.447
201709 6.127 246.819 8.197
201712 6.194 246.524 8.297
201803 5.983 249.554 7.917
201806 6.296 251.989 8.250
201809 6.101 252.439 7.981
201812 5.944 251.233 7.813
201903 4.245 254.202 5.514
201906 4.897 256.143 6.313
201909 5.211 256.759 6.702
201912 5.644 256.974 7.253
202003 3.655 258.115 4.676
202006 4.791 257.797 6.137
202009 5.930 260.280 7.523
202012 7.095 260.474 8.995
202103 7.339 264.877 9.149
202106 8.823 271.696 10.723
202109 6.876 274.310 8.277
202112 7.181 278.802 8.505
202203 5.891 287.504 6.766
202206 6.586 296.311 7.340
202209 4.322 296.808 4.808
202212 5.123 296.797 5.700
202303 4.535 301.836 4.961
202306 4.983 305.109 5.393
202309 5.827 307.789 6.252
202312 5.957 306.746 6.413
202403 5.676 312.332 6.001
202406 6.742 314.175 7.086
202409 6.715 315.301 7.033
202412 8.035 315.605 8.407
202503 6.490 319.799 6.701
202506 6.282 322.561 6.431
202509 6.449 324.800 6.556
202512 6.474 324.054 6.597
202603 7.057 330.213 7.057

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 0.54 mean?
Space Shuttle Hi-Tech Co (TPE:2440) has a Cyclically Adjusted PS Ratio of 0.54 as of Jul. 31, 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 Space Shuttle Hi-Tech Co and its competitors. This is near median its historical median of 0.54. Over the past decade, Space Shuttle Hi-Tech Co's Cyclically Adjusted PS Ratio has ranged from 0.34 to 1.32. According to the industry distribution chart, Space Shuttle Hi-Tech Co ranks #472 out of 2300 companies in the Industrial Products industry, placing it in the top 20.5%.
Is Space Shuttle Hi-Tech Co's Cyclically Adjusted PS Ratio too high?
Space Shuttle Hi-Tech Co's current Cyclically Adjusted PS Ratio of 0.54 is near median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 1.32. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.70. Space Shuttle Hi-Tech Co's value of 0.54 is 68.1% below this industry median. Based on the distribution chart, Space Shuttle Hi-Tech Co ranks #472 out of 2300 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Space Shuttle Hi-Tech Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Space Shuttle Hi-Tech Co's Cyclically Adjusted PS Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Space Shuttle Hi-Tech Co ranks #472 out of 2300 companies for Cyclically Adjusted PS Ratio. This places Space Shuttle Hi-Tech Co in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.70. Space Shuttle Hi-Tech Co's value of 0.54 is 68.1% below this benchmark. Historically, Space Shuttle Hi-Tech Co's own Cyclically Adjusted PS Ratio has ranged from 0.34 to 1.32 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 1.70, Space Shuttle Hi-Tech 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.70, based on 2,300 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. Space Shuttle Hi-Tech Co's current Cyclically Adjusted PS Ratio of 0.54 is 68.1% 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 Space Shuttle Hi-Tech Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Space Shuttle Hi-Tech Co's current Cyclically Adjusted PS Ratio is 0.54, which is near median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Space Shuttle Hi-Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Space Shuttle Hi-Tech Co (TPE:2440) is currently considered Fairly Valued. The stock's GF Value™ is NT$15.37, compared to a current price of NT$15.25 — trading 0.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.54, which is near median its 10-year median of 0.54 and 68.1% below the Industrial Products industry median of 1.70. Space Shuttle Hi-Tech Co's overall GF Score™ is 72/100 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 Space Shuttle Hi-Tech Co (TPE:2440), the current Cyclically Adjusted PS Ratio is 0.54 as of Jul. 31, 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 Space Shuttle Hi-Tech Co (TPE:2440) Overvalued in 2026?

Based on GuruFocus' analysis, Space Shuttle Hi-Tech Co stock appears to be undervalued. The current stock price of NT$15.25 is trading 0.8% below its estimated GF Value™ of NT$15.37. GuruFocus considers Space Shuttle Hi-Tech Co to be Fairly Valued.

Key valuation signals for TPE:2440:

  • Cyclically Adjusted PS Ratio: 0.54 (near median its 10-year median of 0.54)
  • GF Value™: NT$15.37 vs. price of NT$15.25 (0.8% below fair value)
  • GF Score™: 72/100 with 8 warning signs
  • Industry Position: 68.1% below the Industrial Products median (#472 of 2300)

No single metric tells the full story. See the TPE:2440 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Space Shuttle Hi-Tech Co Business Description

Address Huanke 1ST Road, 9th floor-2, Number 23, Hsinchu County, Zhubei, TWN
Space Shuttle Hi-Tech Co Ltd is engaged in the reprocessing of copper and the manufacturing and sales of information transmission cables. The company generates the majority of its revenues from the re-processing and re-manufacturing of various copper materials, the production and sales of information transmission wires, and the manufacturing and sales of related products. The company mainly operates in Asia, hence all the revenue come from Asia itself.
72GF Score

Get the complete analysis for TPE:2440

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

NT$15.25
Price
NT$15.37
GF Value