King's Town Construction Co (TPE:2524) Cyclically Adjusted PS Ratio: 2.23 (As of Aug. 02, 2026) — 22% Below Median

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TPE:2524 King's Town Construction Co Ltd TPE:2524
60 GF Score
Price NT$35.80
GF Value NT$27.11
Valuation Significantly Overvalued
! 8 Warning Signs
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What is King's Town Construction Co Cyclically Adjusted PS Ratio?

King's Town Construction Co TPE:2524 +1.42% 60 Cyclically Adjusted PS Ratio is 2.23 as of Aug. 02, 2026, which is 22% below its 10-year median of 2.87. GuruFocus rates TPE:2524 with a GF Score™ of 60/100 and a GF Value™ of NT$27.11 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,356 Real Estate companies, King's Town Construction Co ranks worse than 55.31% on this metric.

As of today (2026-08-02), King's Town Construction Co's current share price is NT$35.80. King's Town Construction Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$16.02. King's Town Construction Co's Cyclically Adjusted PS Ratio for today is 2.23.

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

TPE:2524' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.07   Med: 2.87   Max: 9.05
Current: 2.19

During the past years, King's Town Construction Co's highest Cyclically Adjusted PS Ratio was 9.05. The lowest was 2.07. And the median was 2.87.

TPE:2524's Cyclically Adjusted PS Ratio is ranked worse than
55.31% of 1356 companies
in the Real Estate industry
Industry Median: 1.83 vs TPE:2524: 2.19

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.

King's Town Construction Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$1.793. 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$16.02 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


King's Town Construction Co  (TPE:2524) 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.


King's Town Construction Co Cyclically Adjusted PS Ratio Related Terms


King's Town Construction Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for King's Town Construction 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.

King's Town Construction Co Cyclically Adjusted PS Ratio Chart

King's Town Construction 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 3.09 2.35 2.40 4.63 2.72

King's Town Construction 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 3.87 2.86 2.94 2.72 2.34

King's Town Construction Co Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Development subindustry, King's Town Construction 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.


King's Town Construction Co Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, King's Town Construction Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where King's Town Construction Co's Cyclically Adjusted PS Ratio falls into.


TPE:2524
60GF Score
King's Town Construction Co Ltd TPE:2524
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

King's Town Construction 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.

King's Town Construction Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=35.80/16.02
=2.23

* 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.

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

For example, King's Town Construction 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)
=1.793/330.2130*330.2130
=1.793

Current CPI (Mar. 2026) = 330.2130.

King's Town Construction Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.931 241.018 1.276
201609 1.958 241.428 2.678
201612 2.936 241.432 4.016
201703 1.143 243.801 1.548
201706 2.651 244.955 3.574
201709 3.789 246.819 5.069
201712 3.309 246.524 4.432
201803 2.806 249.554 3.713
201806 1.535 251.989 2.012
201809 2.579 252.439 3.374
201812 1.547 251.233 2.033
201903 2.799 254.202 3.636
201906 3.497 256.143 4.508
201909 3.681 256.759 4.734
201912 5.576 256.974 7.165
202003 4.466 258.115 5.713
202006 5.874 257.797 7.524
202009 6.606 260.280 8.381
202012 6.156 260.474 7.804
202103 3.855 264.877 4.806
202106 5.562 271.696 6.760
202109 2.698 274.310 3.248
202112 5.761 278.802 6.823
202203 2.646 287.504 3.039
202206 2.163 296.311 2.410
202209 1.263 296.808 1.405
202212 3.023 296.797 3.363
202303 1.050 301.836 1.149
202306 1.135 305.109 1.228
202309 2.454 307.789 2.633
202312 2.128 306.746 2.291
202403 2.414 312.332 2.552
202406 3.492 314.175 3.670
202409 3.376 315.301 3.536
202412 15.557 315.605 16.277
202503 5.116 319.799 5.283
202506 2.217 322.561 2.270
202509 1.353 324.800 1.376
202512 1.114 324.054 1.135
202603 1.793 330.213 1.793

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 2.23 mean?
King's Town Construction Co (TPE:2524) has a Cyclically Adjusted PS Ratio of 2.23 as of Aug. 02, 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 King's Town Construction Co and its competitors. This is 22% below median its historical median of 2.87. Over the past decade, King's Town Construction Co's Cyclically Adjusted PS Ratio has ranged from 2.07 to 9.05. According to the industry distribution chart, King's Town Construction Co ranks #750 out of 1356 companies in the Real Estate industry, placing it in the top 55.3%.
Is King's Town Construction Co's Cyclically Adjusted PS Ratio too high?
King's Town Construction Co's current Cyclically Adjusted PS Ratio of 2.23 is 22% below median its 10-year median of 2.87. Over the past 10 years, this metric has ranged from a low of 2.07 to a high of 9.05. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.83. King's Town Construction Co's value of 2.23 is 21.9% above this industry median. Based on the distribution chart, King's Town Construction Co ranks #750 out of 1356 companies in the Real Estate industry, which is below the industry midpoint. Overall, King's Town Construction Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does King's Town Construction Co's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, King's Town Construction Co ranks #750 out of 1356 companies for Cyclically Adjusted PS Ratio. This places King's Town Construction Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.83. King's Town Construction Co's value of 2.23 is 21.9% above this benchmark. Historically, King's Town Construction Co's own Cyclically Adjusted PS Ratio has ranged from 2.07 to 9.05 over the past decade. While the company's 10-year median is 2.87 vs. the industry median of 1.83, King's Town Construction 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.83, based on 1,356 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. King's Town Construction Co's current Cyclically Adjusted PS Ratio of 2.23 is 21.9% 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 King's Town Construction Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. King's Town Construction Co's current Cyclically Adjusted PS Ratio is 2.23, which is 22% below median its own 10-year median of 2.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is King's Town Construction Co stock overvalued right now?
Based on GuruFocus' analysis, King's Town Construction Co (TPE:2524) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$27.11, compared to a current price of NT$35.80 — trading 32.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.23, which is 22% below median its 10-year median of 2.87 and 21.9% above the Real Estate industry median of 1.83. King's Town Construction Co's overall GF Score™ is 60/100 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 King's Town Construction Co (TPE:2524), the current Cyclically Adjusted PS Ratio is 2.23 as of Aug. 02, 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 King's Town Construction Co (TPE:2524) Overvalued in 2026?

Based on GuruFocus' analysis, King's Town Construction Co stock appears to be overvalued. The current stock price of NT$35.80 is trading 32.1% above its estimated GF Value™ of NT$27.11. GuruFocus considers King's Town Construction Co to be Significantly Overvalued.

Key valuation signals for TPE:2524:

  • Cyclically Adjusted PS Ratio: 2.23 (22% below median its 10-year median of 2.87)
  • GF Value™: NT$27.11 vs. price of NT$35.80 (32.1% above fair value)
  • GF Score™: 60/100 with 8 warning signs
  • Industry Position: 21.9% above the Real Estate median (#750 of 1356)

No single metric tells the full story. See the TPE:2524 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


King's Town Construction Co Business Description

Address Bo\'ai 2nd Road, 12th Floor, No. 150, Zuoying District, Kaohsiung, TWN, 813
King's Town Construction Co Ltd is a Taiwan-based real estate company. The company is mainly engaged in residential, building development, lease, and sale, development of specific professional areas, zoning, and rezoning agency business, and tourist and hotel business. Its segments include: Construction Department; and Accommodation Department, of which maximum revenue is derived from Construction Department.
60GF Score

Get the complete analysis for TPE:2524

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

NT$35.80
Price
NT$27.11
GF Value