Success Prime (TPE:2496) Cyclically Adjusted PS Ratio: 1.25 (As of Aug. 06, 2026) — 18% Below Median

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Director of Data and Quant Analytics at GuruFocus
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TPE:2496 Success Prime Corp TPE:2496
82 GF Score
Price NT$59.70
GF Value NT$73.57
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Success Prime Cyclically Adjusted PS Ratio?

Success Prime TPE:2496 -0.33% 82 Cyclically Adjusted PS Ratio is 1.25 as of Aug. 06, 2026, which is 18% below its 10-year median of 1.53. GuruFocus rates TPE:2496 with a GF Score™ of 82/100 and a GF Value™ of NT$73.57 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 164 Education companies, Success Prime ranks better than 50% on this metric.

As of today (2026-08-06), Success Prime's current share price is NT$59.70. Success Prime's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$47.71. Success Prime's Cyclically Adjusted PS Ratio for today is 1.25.

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

TPE:2496' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.2   Med: 1.53   Max: 2.38
Current: 1.25

During the past years, Success Prime's highest Cyclically Adjusted PS Ratio was 2.38. The lowest was 1.20. And the median was 1.53.

TPE:2496's Cyclically Adjusted PS Ratio is ranked better than
50% of 164 companies
in the Education industry
Industry Median: 1.225 vs TPE:2496: 1.25

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.

Success Prime's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$10.995. 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$47.71 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Success Prime  (TPE:2496) 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.


Success Prime Cyclically Adjusted PS Ratio Related Terms


Success Prime Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Success Prime'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.

Success Prime Cyclically Adjusted PS Ratio Chart

Success Prime 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 1.40 1.28 1.58 1.92 1.47

Success Prime 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 1.74 1.60 1.45 1.47 1.38

TPE:2496 vs EDU, TAL, LAUR: Cyclically Adjusted PS Ratio Comparison

For the Education & Training Services subindustry, Success Prime'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.


Success Prime Cyclically Adjusted PS Ratio vs Education Industry

For the Education industry and Consumer Defensive sector, Success Prime's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TPE:2496
82GF Score
Success Prime Corp TPE:2496
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Success Prime 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.

Success Prime's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=59.70/47.71
=1.25

* 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.

Success Prime's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Success Prime'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)
=10.995/330.2130*330.2130
=10.995

Current CPI (Mar. 2026) = 330.2130.

Success Prime Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.760 241.018 5.151
201609 2.159 241.428 2.953
201612 5.014 241.432 6.858
201703 6.801 243.801 9.212
201706 11.272 244.955 15.195
201709 11.727 246.819 15.689
201712 12.666 246.524 16.966
201803 11.377 249.554 15.054
201806 11.815 251.989 15.483
201809 11.954 252.439 15.637
201812 12.738 251.233 16.742
201903 11.271 254.202 14.641
201906 10.207 256.143 13.159
201909 11.991 256.759 15.421
201912 11.846 256.974 15.222
202003 10.500 258.115 13.433
202006 11.147 257.797 14.278
202009 10.081 260.280 12.790
202012 9.299 260.474 11.789
202103 8.299 264.877 10.346
202106 8.208 271.696 9.976
202109 9.222 274.310 11.101
202112 9.413 278.802 11.149
202203 8.238 287.504 9.462
202206 8.212 296.311 9.152
202209 10.474 296.808 11.653
202212 10.093 296.797 11.229
202303 8.875 301.836 9.709
202306 9.274 305.109 10.037
202309 11.244 307.789 12.063
202312 10.901 306.746 11.735
202403 10.059 312.332 10.635
202406 10.389 314.175 10.919
202409 12.007 315.301 12.575
202412 11.602 315.605 12.139
202503 10.398 319.799 10.737
202506 10.761 322.561 11.016
202509 12.217 324.800 12.421
202512 12.119 324.054 12.349
202603 10.995 330.213 10.995

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 1.25 mean?
Success Prime (TPE:2496) has a Cyclically Adjusted PS Ratio of 1.25 as of Aug. 06, 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 Success Prime and its competitors. This is 18% below median its historical median of 1.53. Over the past decade, Success Prime's Cyclically Adjusted PS Ratio has ranged from 1.20 to 2.38. According to the industry distribution chart, Success Prime ranks #82 out of 164 companies in the Education industry, placing it in the top 50%.
Is Success Prime's Cyclically Adjusted PS Ratio too high?
Success Prime's current Cyclically Adjusted PS Ratio of 1.25 is 18% below median its 10-year median of 1.53. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 2.38. The Education industry median Cyclically Adjusted PS Ratio is 1.23. Success Prime's value of 1.25 is 2% above this industry median. Based on the distribution chart, Success Prime ranks #82 out of 164 companies in the Education industry, which is above the industry midpoint. Overall, Success Prime has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Success Prime's Cyclically Adjusted PS Ratio compare to EDU and TAL?
According to the Education industry distribution chart, Success Prime ranks #82 out of 164 companies for Cyclically Adjusted PS Ratio. This puts Success Prime in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.23. Success Prime's value of 1.25 is 2% above this benchmark. Historically, Success Prime's own Cyclically Adjusted PS Ratio has ranged from 1.20 to 2.38 over the past decade. While the company's 10-year median is 1.53 vs. the industry median of 1.23, Success Prime 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 an Education company?
The median Cyclically Adjusted PS Ratio among Education companies is 1.23, based on 164 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. Success Prime's current Cyclically Adjusted PS Ratio of 1.25 is 2% 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 Success Prime and its competitors. For the Education industry, the median Cyclically Adjusted PS Ratio is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Success Prime's current Cyclically Adjusted PS Ratio is 1.25, which is 18% below median its own 10-year median of 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Success Prime stock overvalued right now?
Based on GuruFocus' analysis, Success Prime (TPE:2496) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$73.57, compared to a current price of NT$59.70 — trading 18.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.25, which is 18% below median its 10-year median of 1.53 and 2% above the Education industry median of 1.23. Success Prime's overall GF Score™ is 82/100 with 3 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 Success Prime (TPE:2496), the current Cyclically Adjusted PS Ratio is 1.25 as of Aug. 06, 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 Success Prime (TPE:2496) Overvalued in 2026?

Based on GuruFocus' analysis, Success Prime stock appears to be undervalued. The current stock price of NT$59.70 is trading 18.9% below its estimated GF Value™ of NT$73.57. GuruFocus considers Success Prime to be Modestly Undervalued.

Key valuation signals for TPE:2496:

  • Cyclically Adjusted PS Ratio: 1.25 (18% below median its 10-year median of 1.53)
  • GF Value™: NT$73.57 vs. price of NT$59.70 (18.9% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 2% above the Education median (#82 of 164)

No single metric tells the full story. See the TPE:2496 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Success Prime Business Description

Address No. 50, Section 1, Zhongxiao West Road, 22nd Floor -11, Zhongzheng District, Taipei, TWN
Success Prime Corp is focused on the management of tutorial academy teachers and curriculum education services. The company earns the maximum of its revenue from educational services and consultancy. Geographically, the company operates and earns revenue only from Taiwan.
82GF Score

Get the complete analysis for TPE:2496

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

NT$59.70
Price
NT$73.57
GF Value