Kindom Development Co (TPE:2520) Cyclically Adjusted PS Ratio: 0.91 (As of Sep. 16, 2026) — 27% Below Median

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TPE:2520 Kindom Development Co Ltd TPE:2520
79 GF Score
Price NT$36.50
GF Value NT$49.93
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Kindom Development Co Cyclically Adjusted PS Ratio?

Kindom Development Co TPE:2520 -0.27% 79 Cyclically Adjusted PS Ratio is 0.91 as of Sep. 16, 2026, which is 27% below its 10-year median of 1.24. GuruFocus rates TPE:2520 with a GF Score™ of 79/100 and a GF Value™ of NT$49.93 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,378 Construction companies, Kindom Development Co ranks worse than 58.2% on this metric.

As of today (2026-09-16), Kindom Development Co's current share price is NT$36.50. Kindom Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was NT$39.93. Kindom Development Co's Cyclically Adjusted PS Ratio for today is 0.91.

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: 1.24   Max: 1.89
Current: 0.92

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 1.24.

TPE:2520's Cyclically Adjusted PS Ratio is ranked worse than
58.2% of 1378 companies
in the Construction industry
Industry Median: 0.7 vs TPE:2520: 0.92

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 Jun. 2026 was NT$14.118. 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$39.93 for the trailing ten years ended in Jun. 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 1.43 0.97 1.19 1.43 0.89

Kindom Development Co 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 1.35 0.94 0.89 0.82 0.85

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
79GF 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
=36.50/39.926
=0.91

* 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 Jun. 2026 is calculated as:

For example, Kindom Development Co'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)
=14.118/333.9520*333.9520
=14.118

Current CPI (Jun. 2026) = 333.9520.

Kindom Development Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 4.830 241.428 6.681
201612 3.995 241.432 5.526
201703 3.616 243.801 4.953
201706 4.036 244.955 5.502
201709 3.648 246.819 4.936
201712 4.641 246.524 6.287
201803 3.623 249.554 4.848
201806 3.256 251.989 4.315
201809 4.356 252.439 5.763
201812 12.955 251.233 17.220
201903 5.084 254.202 6.679
201906 5.257 256.143 6.854
201909 4.972 256.759 6.467
201912 10.335 256.974 13.431
202003 6.525 258.115 8.442
202006 8.652 257.797 11.208
202009 7.873 260.280 10.101
202012 22.600 260.474 28.975
202103 8.238 264.877 10.386
202106 15.787 271.696 19.404
202109 7.595 274.310 9.246
202112 10.515 278.802 12.595
202203 8.340 287.504 9.687
202206 7.856 296.311 8.854
202209 7.438 296.808 8.369
202212 12.352 296.797 13.898
202303 7.523 301.836 8.323
202306 7.453 305.109 8.158
202309 8.330 307.789 9.038
202312 9.257 306.746 10.078
202403 8.062 312.332 8.620
202406 17.326 314.175 18.417
202409 11.713 315.301 12.406
202412 10.923 315.605 11.558
202503 7.916 319.799 8.266
202506 8.961 322.561 9.277
202509 10.284 324.800 10.574
202512 11.187 324.054 11.529
202603 8.173 330.213 8.266
202606 14.118 333.952 14.118

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 0.91 mean?
Kindom Development Co (TPE:2520) has a Cyclically Adjusted PS Ratio of 0.91 as of Sep. 16, 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 27% below median its historical median of 1.24. 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 #802 out of 1378 companies in the Construction industry, placing it in the top 58.2%.
Is Kindom Development Co's Cyclically Adjusted PS Ratio too high?
Kindom Development Co's current Cyclically Adjusted PS Ratio of 0.91 is 27% below median its 10-year median of 1.24. 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 0.91 is 30% above this industry median. Based on the distribution chart, Kindom Development Co ranks #802 out of 1378 companies in the Construction industry, which is below the industry midpoint. Overall, Kindom Development Co has a GF Score™ of 79/100 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 #802 out of 1378 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 0.91 is 30% 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 1.24 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 1,378 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 0.91 is 30% 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 0.91, which is 27% below median its own 10-year median of 1.24. 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$49.93, compared to a current price of NT$36.50 — trading 26.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.91, which is 27% below median its 10-year median of 1.24 and 30% above the Construction industry median of 0.70. Kindom Development Co's overall GF Score™ is 79/100 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 0.91 as of Sep. 16, 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$36.50 is trading 26.9% below its estimated GF Value™ of NT$49.93. GuruFocus considers Kindom Development Co to be Modestly Undervalued.

Key valuation signals for TPE:2520:

  • Cyclically Adjusted PS Ratio: 0.91 (27% below median its 10-year median of 1.24)
  • GF Value™: NT$49.93 vs. price of NT$36.50 (26.9% below fair value)
  • GF Score™: 79/100 with 8 warning signs
  • Industry Position: 30% above the Construction median (#802 of 1378)

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.
79GF 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$36.50
Price
NT$49.93
GF Value