Gem Terminal Ind Co (TPE:2460) Cyclically Adjusted PS Ratio: 1.22 (As of Aug. 01, 2026) — 39% Above Median

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.
Reviewed by: Charlie Tian Charlie Tian
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:2460 Gem Terminal Ind Co Ltd TPE:2460
55 GF Score
Price NT$30.30
GF Value NT$26.79
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Gem Terminal Ind Co Cyclically Adjusted PS Ratio?

Gem Terminal Ind Co TPE:2460 +7.26% 55 Cyclically Adjusted PS Ratio is 1.22 as of Aug. 01, 2026, which is 39% above its 10-year median of 0.88. GuruFocus rates TPE:2460 with a GF Score™ of 55/100 and a GF Value™ of NT$26.79 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,976 Hardware companies, Gem Terminal Ind Co ranks better than 51.77% on this metric.

As of today (2026-08-01), Gem Terminal Ind Co's current share price is NT$30.30. Gem Terminal Ind Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$24.83. Gem Terminal Ind Co's Cyclically Adjusted PS Ratio for today is 1.22.

The historical rank and industry rank for Gem Terminal Ind Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

TPE:2460' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.88   Max: 1.71
Current: 1.26

During the past years, Gem Terminal Ind Co's highest Cyclically Adjusted PS Ratio was 1.71. The lowest was 0.26. And the median was 0.88.

TPE:2460's Cyclically Adjusted PS Ratio is ranked better than
51.77% of 1976 companies
in the Hardware industry
Industry Median: 1.34 vs TPE:2460: 1.26

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.

Gem Terminal Ind Co's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$5.628. 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$24.83 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gem Terminal Ind Co  (TPE:2460) 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.


Gem Terminal Ind Co Cyclically Adjusted PS Ratio Related Terms


Gem Terminal Ind Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Gem Terminal Ind 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.

Gem Terminal Ind Co Cyclically Adjusted PS Ratio Chart

Gem Terminal Ind 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 1.23 0.62 1.10 0.92 0.81

Gem Terminal Ind Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.92 0.75 0.69 0.73 0.81

TPE:2460 vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Gem Terminal Ind 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.


Gem Terminal Ind Co Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Gem Terminal Ind Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Gem Terminal Ind Co's Cyclically Adjusted PS Ratio falls into.


TPE:2460
55GF Score
Gem Terminal Ind Co Ltd TPE:2460
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gem Terminal Ind 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.

Gem Terminal Ind Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=30.30/24.83
=1.22

* 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.

Gem Terminal Ind Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Gem Terminal Ind Co's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=5.628/324.0540*324.0540
=5.628

Current CPI (Dec. 2025) = 324.0540.

Gem Terminal Ind Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 4.501 238.132 6.125
201606 5.610 241.018 7.543
201609 5.877 241.428 7.888
201612 5.930 241.432 7.959
201703 4.695 243.801 6.240
201706 5.429 244.955 7.182
201709 5.911 246.819 7.761
201712 6.531 246.524 8.585
201803 5.501 249.554 7.143
201806 5.911 251.989 7.601
201809 5.858 252.439 7.520
201812 5.781 251.233 7.457
201903 4.597 254.202 5.860
201906 6.916 256.143 8.750
201909 4.824 256.759 6.088
201912 5.327 256.974 6.718
202003 2.891 258.115 3.630
202006 5.200 257.797 6.536
202009 6.212 260.280 7.734
202012 6.596 260.474 8.206
202103 5.622 264.877 6.878
202106 7.607 271.696 9.073
202109 6.262 274.310 7.398
202112 6.411 278.802 7.452
202203 5.058 287.504 5.701
202206 5.396 296.311 5.901
202209 3.428 296.808 3.743
202212 3.936 296.797 4.297
202303 3.399 301.836 3.649
202306 3.351 305.109 3.559
202309 4.266 307.789 4.491
202312 4.517 306.746 4.772
202403 3.695 312.332 3.834
202406 5.288 314.175 5.454
202409 4.914 315.301 5.050
202412 5.365 315.605 5.509
202503 4.200 319.799 4.256
202506 4.675 322.561 4.697
202509 4.466 324.800 4.456
202512 5.628 324.054 5.628

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 1.22 mean?
Gem Terminal Ind Co (TPE:2460) has a Cyclically Adjusted PS Ratio of 1.22 as of Aug. 01, 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 Gem Terminal Ind Co and its competitors. This is 39% above median its historical median of 0.88. Over the past decade, Gem Terminal Ind Co's Cyclically Adjusted PS Ratio has ranged from 0.26 to 1.71. According to the industry distribution chart, Gem Terminal Ind Co ranks #953 out of 1976 companies in the Hardware industry, placing it in the top 48.2%.
Is Gem Terminal Ind Co's Cyclically Adjusted PS Ratio too high?
Gem Terminal Ind Co's current Cyclically Adjusted PS Ratio of 1.22 is 39% above median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 1.71. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. Gem Terminal Ind Co's value of 1.22 is 9% below this industry median. Based on the distribution chart, Gem Terminal Ind Co ranks #953 out of 1976 companies in the Hardware industry, which is above the industry midpoint. Overall, Gem Terminal Ind Co has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gem Terminal Ind Co's Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Gem Terminal Ind Co ranks #953 out of 1976 companies for Cyclically Adjusted PS Ratio. This puts Gem Terminal Ind Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Gem Terminal Ind Co's value of 1.22 is 9% below this benchmark. Historically, Gem Terminal Ind Co's own Cyclically Adjusted PS Ratio has ranged from 0.26 to 1.71 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 1.34, Gem Terminal Ind 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 1,976 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. Gem Terminal Ind Co's current Cyclically Adjusted PS Ratio of 1.22 is 9% 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 Gem Terminal Ind 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. Gem Terminal Ind Co's current Cyclically Adjusted PS Ratio is 1.22, which is 39% above median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gem Terminal Ind Co stock overvalued right now?
Based on GuruFocus' analysis, Gem Terminal Ind Co (TPE:2460) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$26.79, compared to a current price of NT$30.30 — trading 13.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.22, which is 39% above median its 10-year median of 0.88 and 9% below the Hardware industry median of 1.34. Gem Terminal Ind Co's overall GF Score™ is 55/100 with 6 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 Gem Terminal Ind Co (TPE:2460), the current Cyclically Adjusted PS Ratio is 1.22 as of Aug. 01, 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 Gem Terminal Ind Co (TPE:2460) Overvalued in 2026?

Based on GuruFocus' analysis, Gem Terminal Ind Co stock appears to be overvalued. The current stock price of NT$30.30 is trading 13.1% above its estimated GF Value™ of NT$26.79. GuruFocus considers Gem Terminal Ind Co to be Modestly Overvalued.

Key valuation signals for TPE:2460:

  • Cyclically Adjusted PS Ratio: 1.22 (39% above median its 10-year median of 0.88)
  • GF Value™: NT$26.79 vs. price of NT$30.30 (13.1% above fair value)
  • GF Score™: 55/100 with 6 warning signs
  • Industry Position: 9% below the Hardware median (#953 of 1976)

No single metric tells the full story. See the TPE:2460 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gem Terminal Ind Co Business Description

Address Number 138, Lane 513, Ta-Tung Road, Lu-Chu District, Kaohsiung, TWN, 82145
Gem Terminal Ind Co Ltd is principally engaged in the manufacturing and sale of terminals. The company's terminal products are mainly used for electronic communication, automobile transportation, and electric appliance plugs. The firm also offers electric plug terminals, electric and motor parts terminals, electronic and communication terminals, optical communication passive devices, housing, and electronic connectors for AC and DC power cords, and copper smelting.
55GF Score

Get the complete analysis for TPE:2460

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

NT$30.30
Price
NT$26.79
GF Value