Zinwell (TPE:2485) Cyclically Adjusted PS Ratio: (As of Sep. 22, 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.
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:2485 Zinwell Corp TPE:2485
49 GF Score
Price NT$40.90
GF Value NT$16.24
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Zinwell Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Zinwell  (TPE:2485) 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.


Zinwell Cyclically Adjusted PS Ratio Related Terms


Zinwell Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Zinwell'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.

Zinwell Cyclically Adjusted PS Ratio Chart

Zinwell 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 0.71 0.54 0.70 0.52 0.99

Zinwell 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 0.41 0.47 0.99 3.08 2.24

TPE:2485 vs CSCO, MSI, LITE: Cyclically Adjusted PS Ratio Comparison

For the Communication Equipment subindustry, Zinwell'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.


Zinwell Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TPE:2485
49GF Score
Zinwell Corp TPE:2485
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zinwell 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.

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

For example, Zinwell'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)
=2.861/333.9520*333.9520
=2.861

Current CPI (Jun. 2026) = 333.9520.

Zinwell Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 9.364 241.428 12.953
201612 7.663 241.432 10.600
201703 6.678 243.801 9.147
201706 6.970 244.955 9.502
201709 6.953 246.819 9.408
201712 6.690 246.524 9.063
201803 5.116 249.554 6.846
201806 6.698 251.989 8.877
201809 6.262 252.439 8.284
201812 6.364 251.233 8.459
201903 5.641 254.202 7.411
201906 6.658 256.143 8.681
201909 7.077 256.759 9.205
201912 5.112 256.974 6.643
202003 4.579 258.115 5.924
202006 6.200 257.797 8.032
202009 7.408 260.280 9.505
202012 6.798 260.474 8.716
202103 4.418 264.877 5.570
202106 4.760 271.696 5.851
202109 5.460 274.310 6.647
202112 5.123 278.802 6.136
202203 4.383 287.504 5.091
202206 4.292 296.311 4.837
202209 5.872 296.808 6.607
202212 6.171 296.797 6.944
202303 4.731 301.836 5.234
202306 4.753 305.109 5.202
202309 4.861 307.789 5.274
202312 3.962 306.746 4.313
202403 3.094 312.332 3.308
202406 3.069 314.175 3.262
202409 0.863 315.301 0.914
202412 1.191 315.605 1.260
202503 1.319 319.799 1.377
202506 2.062 322.561 2.135
202509 1.893 324.800 1.946
202512 2.939 324.054 3.029
202603 3.291 330.213 3.328
202606 2.861 333.952 2.861

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 Zinwell (TPE:2485) Overvalued in 2026?

Based on GuruFocus' analysis, Zinwell stock appears to be overvalued. The current stock price of NT$40.90 is trading 151.8% above its estimated GF Value™ of NT$16.24. GuruFocus considers Zinwell to be Significantly Overvalued.

Key valuation signals for TPE:2485:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: NT$16.24 vs. price of NT$40.90 (151.8% above fair value)
  • GF Score™: 49/100 with 5 warning signs

No single metric tells the full story. See the TPE:2485 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zinwell Business Description

Address 7th Floor, 512, Yuanshan Road, New Taipei City, Zhonghe District, Taipei, TWN, 235
Zinwell Corp is engaged in research and development, manufacturing and sales of Digital Cable / Satellite / Terrestrial receiving equipment, Broadcast and Broadband Communication equipment, IPTV receiving equipment, Wireless equipment. The products are categorized as Satellite / Terrestrial, Digital Home Entertainment, Residential Broadband, and CATV / MATV Transmission products. Its segment includes Digital cable and telecommunication products and Others.
49GF Score

Get the complete analysis for TPE:2485

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

NT$40.90
Price
NT$16.24
GF Value