Kindom Development Co (TPE:2520) Cyclically Adjusted PS Ratio: 0.90 (As of Aug. 01, 2026) — 28% Below Median

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TPE:2520 Kindom Development Co Ltd TPE:2520
77 GF Score
Price NT$34.65
GF Value NT$47.08
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Kindom Development Co Cyclically Adjusted PS Ratio?

Kindom Development Co TPE:2520 -1.28% 77 Cyclically Adjusted PS Ratio is 0.90 as of Aug. 01, 2026, which is 28% below its 10-year median of 1.25. GuruFocus rates TPE:2520 with a GF Score™ of 77/100 and a GF Value™ of NT$47.08 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,359 Construction companies, Kindom Development Co ranks worse than 58.06% on this metric.

As of today (2026-08-01), Kindom Development Co's current share price is NT$34.65. Kindom Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$38.62. Kindom Development Co's Cyclically Adjusted PS Ratio for today is 0.90.

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

TPE:2520' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.25   Max: 1.89
Current: 0.91

During the past years, Kindom Development Co's highest Cyclically Adjusted PS Ratio was 1.89. The lowest was 0.76. And the median was 1.25.

TPE:2520's Cyclically Adjusted PS Ratio is ranked worse than
58.06% of 1359 companies
in the Construction industry
Industry Median: 0.7 vs TPE:2520: 0.91

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.

Kindom Development Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$8.173. 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$38.62 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kindom Development Co  (TPE:2520) 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.


Kindom Development Co Cyclically Adjusted PS Ratio Related Terms


Kindom Development Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Kindom Development 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.

Kindom Development Co Cyclically Adjusted PS Ratio Chart

Kindom Development 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 1.45 0.98 1.20 1.44 0.90

Kindom Development 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 1.47 1.36 0.95 0.90 0.82

TPE:2520 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Kindom Development 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.


Kindom Development Co Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Kindom Development Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TPE:2520
77GF Score
Kindom Development Co Ltd TPE:2520
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kindom Development 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.

Kindom Development Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=34.65/38.62
=0.90

* 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.

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

For example, Kindom Development 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)
=8.173/330.2130*330.2130
=8.173

Current CPI (Mar. 2026) = 330.2130.

Kindom Development Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.831 241.018 9.359
201609 4.866 241.428 6.655
201612 3.992 241.432 5.460
201703 3.616 243.801 4.898
201706 4.081 244.955 5.501
201709 3.615 246.819 4.836
201712 5.338 246.524 7.150
201803 3.623 249.554 4.794
201806 3.220 251.989 4.220
201809 4.389 252.439 5.741
201812 12.955 251.233 17.028
201903 5.084 254.202 6.604
201906 5.358 256.143 6.907
201909 4.961 256.759 6.380
201912 10.313 256.974 13.252
202003 6.525 258.115 8.348
202006 8.644 257.797 11.072
202009 8.679 260.280 11.011
202012 17.714 260.474 22.457
202103 8.239 264.877 10.271
202106 15.792 271.696 19.193
202109 7.584 274.310 9.130
202112 10.519 278.802 12.459
202203 8.321 287.504 9.557
202206 7.847 296.311 8.745
202209 7.450 296.808 8.288
202212 12.354 296.797 13.745
202303 7.564 301.836 8.275
202306 7.449 305.109 8.062
202309 8.353 307.789 8.962
202312 9.245 306.746 9.952
202403 8.062 312.332 8.524
202406 17.328 314.175 18.213
202409 11.700 315.301 12.253
202412 10.918 315.605 11.423
202503 7.918 319.799 8.176
202506 9.014 322.561 9.228
202509 10.298 324.800 10.470
202512 11.184 324.054 11.397
202603 8.173 330.213 8.173

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 0.90 mean?
Kindom Development Co (TPE:2520) has a Cyclically Adjusted PS Ratio of 0.90 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 Kindom Development Co and its competitors. This is 28% below median its historical median of 1.25. Over the past decade, Kindom Development Co's Cyclically Adjusted PS Ratio has ranged from 0.76 to 1.89. According to the industry distribution chart, Kindom Development Co ranks #789 out of 1359 companies in the Construction industry, placing it in the top 58.1%.
Is Kindom Development Co's Cyclically Adjusted PS Ratio too high?
Kindom Development Co's current Cyclically Adjusted PS Ratio of 0.90 is 28% below median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 1.89. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Kindom Development Co's value of 0.90 is 28.6% above this industry median. Based on the distribution chart, Kindom Development Co ranks #789 out of 1359 companies in the Construction industry, which is below the industry midpoint. Overall, Kindom Development Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kindom Development Co's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Kindom Development Co ranks #789 out of 1359 companies for Cyclically Adjusted PS Ratio. This places Kindom Development Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Kindom Development Co's value of 0.90 is 28.6% above this benchmark. Historically, Kindom Development Co's own Cyclically Adjusted PS Ratio has ranged from 0.76 to 1.89 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 0.70, Kindom Development Co 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 a Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,359 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. Kindom Development Co's current Cyclically Adjusted PS Ratio of 0.90 is 28.6% 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 Kindom Development Co and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kindom Development Co's current Cyclically Adjusted PS Ratio is 0.90, which is 28% below median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kindom Development Co stock overvalued right now?
Based on GuruFocus' analysis, Kindom Development Co (TPE:2520) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$47.08, compared to a current price of NT$34.65 — trading 26.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.90, which is 28% below median its 10-year median of 1.25 and 28.6% above the Construction industry median of 0.70. Kindom Development Co's overall GF Score™ is 77/100 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 Kindom Development Co (TPE:2520), the current Cyclically Adjusted PS Ratio is 0.90 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 Kindom Development Co (TPE:2520) Overvalued in 2026?

Based on GuruFocus' analysis, Kindom Development Co stock appears to be undervalued. The current stock price of NT$34.65 is trading 26.4% below its estimated GF Value™ of NT$47.08. GuruFocus considers Kindom Development Co to be Modestly Undervalued.

Key valuation signals for TPE:2520:

  • Cyclically Adjusted PS Ratio: 0.90 (28% below median its 10-year median of 1.25)
  • GF Value™: NT$47.08 vs. price of NT$34.65 (26.4% below fair value)
  • GF Score™: 77/100 with 8 warning signs
  • Industry Position: 28.6% above the Construction median (#789 of 1359)

No single metric tells the full story. See the TPE:2520 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kindom Development Co Business Description

Address Minquan E. Road, 10 Floor, No. 169, Section 3, Songshan District, Taipei, TWN
Kindom Development Co Ltd is a Taiwan-based company that develops, sells, and leases residential and commercial properties. The company operates through three segments: Building, Construction, and Department Stores. The Building sector includes the rental or sale business of commissioning construction companies to build public housing and commercial buildings, the Construction Department includes Integrate the overall work of the construction and management of maintenance works, and the Department Stores includes Department stores, supermarkets, and import/export of international trade.
77GF Score

Get the complete analysis for TPE:2520

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

NT$34.65
Price
NT$47.08
GF Value