Amtran Technology Co (TPE:2489) Cyclically Adjusted PS Ratio: 0.83 (As of Jul. 25, 2026) — 98% 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:2489 Amtran Technology Co Ltd TPE:2489
77 GF Score
Price NT$30.10
GF Value NT$26.49
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Amtran Technology Co Cyclically Adjusted PS Ratio?

Amtran Technology Co TPE:2489 -5.20% 77 Cyclically Adjusted PS Ratio is 0.83 as of Jul. 25, 2026, which is 98% above its 10-year median of 0.42. GuruFocus rates TPE:2489 with a GF Score™ of 77/100 and a GF Value™ of NT$26.49 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,976 Hardware companies, Amtran Technology Co ranks better than 61.39% on this metric.

As of today (2026-07-25), Amtran Technology Co's current share price is NT$30.10. Amtran Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$36.22. Amtran Technology Co's Cyclically Adjusted PS Ratio for today is 0.83.

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

TPE:2489' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.42   Max: 1.42
Current: 0.83

During the past years, Amtran Technology Co's highest Cyclically Adjusted PS Ratio was 1.42. The lowest was 0.16. And the median was 0.42.

TPE:2489's Cyclically Adjusted PS Ratio is ranked better than
61.39% of 1976 companies
in the Hardware industry
Industry Median: 1.37 vs TPE:2489: 0.83

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.

Amtran Technology Co's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$7.367. 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$36.22 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amtran Technology Co  (TPE:2489) 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.


Amtran Technology Co Cyclically Adjusted PS Ratio Related Terms


Amtran Technology Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Amtran Technology 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.

Amtran Technology Co Cyclically Adjusted PS Ratio Chart

Amtran Technology 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 0.54 0.35 0.46 0.59 0.42

Amtran Technology 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 0.59 0.47 0.42 0.40 0.42

TPE:2489 vs AAPL: Cyclically Adjusted PS Ratio Comparison

For the Consumer Electronics subindustry, Amtran Technology 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.


Amtran Technology Co Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TPE:2489
77GF Score
Amtran Technology Co Ltd TPE:2489
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Amtran Technology 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.

Amtran Technology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=30.10/36.22
=0.83

* 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.

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

For example, Amtran Technology 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)
=7.367/324.0540*324.0540
=7.367

Current CPI (Dec. 2025) = 324.0540.

Amtran Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 6.082 238.132 8.276
201606 10.397 241.018 13.979
201609 10.530 241.428 14.134
201612 13.749 241.432 18.454
201703 5.841 243.801 7.764
201706 6.798 244.955 8.993
201709 6.541 246.819 8.588
201712 7.678 246.524 10.093
201803 4.117 249.554 5.346
201806 5.441 251.989 6.997
201809 6.766 252.439 8.685
201812 8.481 251.233 10.939
201903 4.600 254.202 5.864
201906 6.797 256.143 8.599
201909 8.495 256.759 10.721
201912 6.731 256.974 8.488
202003 4.767 258.115 5.985
202006 6.464 257.797 8.125
202009 7.390 260.280 9.201
202012 8.120 260.474 10.102
202103 6.645 264.877 8.130
202106 7.567 271.696 9.025
202109 10.392 274.310 12.277
202112 9.832 278.802 11.428
202203 7.056 287.504 7.953
202206 7.619 296.311 8.332
202209 5.885 296.808 6.425
202212 4.710 296.797 5.143
202303 5.033 301.836 5.403
202306 5.957 305.109 6.327
202309 7.124 307.789 7.500
202312 6.733 306.746 7.113
202403 7.062 312.332 7.327
202406 8.875 314.175 9.154
202409 11.576 315.301 11.897
202412 6.102 315.605 6.265
202503 8.650 319.799 8.765
202506 15.005 322.561 15.074
202509 12.033 324.800 12.005
202512 7.367 324.054 7.367

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 0.83 mean?
Amtran Technology Co (TPE:2489) has a Cyclically Adjusted PS Ratio of 0.83 as of Jul. 25, 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 Amtran Technology Co and its competitors. This is 98% above median its historical median of 0.42. Over the past decade, Amtran Technology Co's Cyclically Adjusted PS Ratio has ranged from 0.16 to 1.42. According to the industry distribution chart, Amtran Technology Co ranks #763 out of 1976 companies in the Hardware industry, placing it in the top 38.6%.
Is Amtran Technology Co's Cyclically Adjusted PS Ratio too high?
Amtran Technology Co's current Cyclically Adjusted PS Ratio of 0.83 is 98% above median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 1.42. The Hardware industry median Cyclically Adjusted PS Ratio is 1.37. Amtran Technology Co's value of 0.83 is 39.4% below this industry median. Based on the distribution chart, Amtran Technology Co ranks #763 out of 1976 companies in the Hardware industry, which is above the industry midpoint. Overall, Amtran Technology Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Amtran Technology Co's Cyclically Adjusted PS Ratio compare to AAPL?
According to the Hardware industry distribution chart, Amtran Technology Co ranks #763 out of 1976 companies for Cyclically Adjusted PS Ratio. This puts Amtran Technology Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.37. Amtran Technology Co's value of 0.83 is 39.4% below this benchmark. Historically, Amtran Technology Co's own Cyclically Adjusted PS Ratio has ranged from 0.16 to 1.42 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 1.37, Amtran Technology 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 1.37, 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. Amtran Technology Co's current Cyclically Adjusted PS Ratio of 0.83 is 39.4% 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 Amtran Technology Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amtran Technology Co's current Cyclically Adjusted PS Ratio is 0.83, which is 98% above median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amtran Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Amtran Technology Co (TPE:2489) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$26.49, compared to a current price of NT$30.10 — trading 13.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.83, which is 98% above median its 10-year median of 0.42 and 39.4% below the Hardware industry median of 1.37. Amtran Technology Co's overall GF Score™ is 77/100 with 2 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 Amtran Technology Co (TPE:2489), the current Cyclically Adjusted PS Ratio is 0.83 as of Jul. 25, 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 Amtran Technology Co (TPE:2489) Overvalued in 2026?

Based on GuruFocus' analysis, Amtran Technology Co stock appears to be overvalued. The current stock price of NT$30.10 is trading 13.6% above its estimated GF Value™ of NT$26.49. GuruFocus considers Amtran Technology Co to be Modestly Overvalued.

Key valuation signals for TPE:2489:

  • Cyclically Adjusted PS Ratio: 0.83 (98% above median its 10-year median of 0.42)
  • GF Value™: NT$26.49 vs. price of NT$30.10 (13.6% above fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 39.4% below the Hardware median (#763 of 1976)

No single metric tells the full story. See the TPE:2489 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Amtran Technology Co Business Description

Address No. 268, Liancheng Road, 17th Floor, Zhonghe District, New Taipei, TWN, 235
Amtran Technology Co Ltd is engaged in the design, manufacture and sales of monitors, digital TV, computers and computer peripherals. Its products include television, monitor, public display, gaming monitors, soundbar, speakers, collaboration bar, collaboration board, mouse, webcam, VR, and robot. Its geographical segments are Taiwan, America, and China with majority revenue deriving from Taiwan.
77GF Score

Get the complete analysis for TPE:2489

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

NT$30.10
Price
NT$26.49
GF Value