Hong Pu Real Estate Development Co (TPE:2536) Cyclically Adjusted PS Ratio: 1.57 (As of Aug. 04, 2026) — 15% Below Median

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TPE:2536 Hong Pu Real Estate Development Co Ltd TPE:2536
60 GF Score
Price NT$17.95
! 6 Warning Signs
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What is Hong Pu Real Estate Development Co Cyclically Adjusted PS Ratio?

Hong Pu Real Estate Development Co TPE:2536 -0.55% 60 Cyclically Adjusted PS Ratio is 1.57 as of Aug. 04, 2026, which is 15% below its 10-year median of 1.85. GuruFocus rates TPE:2536 with a GF Score™ of 60/100. The stock has 6 warning signs investors should review. Among 1,356 Real Estate companies, Hong Pu Real Estate Development Co ranks better than 53.32% on this metric.

As of today (2026-08-04), Hong Pu Real Estate Development Co's current share price is NT$17.95. Hong Pu Real Estate Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$11.44. Hong Pu Real Estate Development Co's Cyclically Adjusted PS Ratio for today is 1.57.

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

TPE:2536' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.45   Med: 1.85   Max: 3.46
Current: 1.6

During the past years, Hong Pu Real Estate Development Co's highest Cyclically Adjusted PS Ratio was 3.46. The lowest was 1.45. And the median was 1.85.

TPE:2536's Cyclically Adjusted PS Ratio is ranked better than
53.32% of 1356 companies
in the Real Estate industry
Industry Median: 1.83 vs TPE:2536: 1.60

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.

Hong Pu Real Estate Development Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$2.655. 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$11.44 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hong Pu Real Estate Development Co  (TPE:2536) 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.


Hong Pu Real Estate Development Co Cyclically Adjusted PS Ratio Related Terms


Hong Pu Real Estate Development Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hong Pu Real Estate 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.

Hong Pu Real Estate Development Co Cyclically Adjusted PS Ratio Chart

Hong Pu Real Estate 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 1.85 1.93 2.56 2.96 2.10

Hong Pu Real Estate 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 3.07 2.71 2.54 2.10 1.93

Hong Pu Real Estate Development Co Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Development subindustry, Hong Pu Real Estate 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.


Hong Pu Real Estate Development Co Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Hong Pu Real Estate Development Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hong Pu Real Estate Development Co's Cyclically Adjusted PS Ratio falls into.


TPE:2536
60GF Score
Hong Pu Real Estate Development Co Ltd TPE:2536
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hong Pu Real Estate 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.

Hong Pu Real Estate Development Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.95/11.44
=1.57

* 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.

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

For example, Hong Pu Real Estate 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)
=2.655/330.2130*330.2130
=2.655

Current CPI (Mar. 2026) = 330.2130.

Hong Pu Real Estate Development Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.965 241.018 2.692
201609 1.244 241.428 1.701
201612 0.699 241.432 0.956
201703 0.120 243.801 0.163
201706 0.258 244.955 0.348
201709 0.705 246.819 0.943
201712 6.963 246.524 9.327
201803 2.933 249.554 3.881
201806 1.092 251.989 1.431
201809 4.030 252.439 5.272
201812 3.795 251.233 4.988
201903 0.924 254.202 1.200
201906 1.638 256.143 2.112
201909 4.009 256.759 5.156
201912 2.044 256.974 2.627
202003 3.121 258.115 3.993
202006 3.071 257.797 3.934
202009 4.186 260.280 5.311
202012 1.562 260.474 1.980
202103 0.518 264.877 0.646
202106 0.160 271.696 0.194
202109 0.158 274.310 0.190
202112 0.136 278.802 0.161
202203 1.519 287.504 1.745
202206 0.140 296.311 0.156
202209 0.286 296.808 0.318
202212 0.108 296.797 0.120
202303 0.133 301.836 0.146
202306 0.260 305.109 0.281
202309 0.135 307.789 0.145
202312 9.163 306.746 9.864
202403 1.028 312.332 1.087
202406 0.560 314.175 0.589
202409 0.209 315.301 0.219
202412 5.550 315.605 5.807
202503 2.594 319.799 2.678
202506 8.451 322.561 8.651
202509 1.623 324.800 1.650
202512 18.707 324.054 19.063
202603 2.655 330.213 2.655

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 1.57 mean?
Hong Pu Real Estate Development Co (TPE:2536) has a Cyclically Adjusted PS Ratio of 1.57 as of Aug. 04, 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 Hong Pu Real Estate Development Co and its competitors. This is 15% below median its historical median of 1.85. Over the past decade, Hong Pu Real Estate Development Co's Cyclically Adjusted PS Ratio has ranged from 1.45 to 3.46. According to the industry distribution chart, Hong Pu Real Estate Development Co ranks #633 out of 1356 companies in the Real Estate industry, placing it in the top 46.7%.
Is Hong Pu Real Estate Development Co's Cyclically Adjusted PS Ratio too high?
Hong Pu Real Estate Development Co's current Cyclically Adjusted PS Ratio of 1.57 is 15% below median its 10-year median of 1.85. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 3.46. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.83. Hong Pu Real Estate Development Co's value of 1.57 is 14.2% below this industry median. Based on the distribution chart, Hong Pu Real Estate Development Co ranks #633 out of 1356 companies in the Real Estate industry, which is above the industry midpoint. Overall, Hong Pu Real Estate Development Co has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Hong Pu Real Estate Development Co's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, Hong Pu Real Estate Development Co ranks #633 out of 1356 companies for Cyclically Adjusted PS Ratio. This puts Hong Pu Real Estate Development Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.83. Hong Pu Real Estate Development Co's value of 1.57 is 14.2% below this benchmark. Historically, Hong Pu Real Estate Development Co's own Cyclically Adjusted PS Ratio has ranged from 1.45 to 3.46 over the past decade. While the company's 10-year median is 1.85 vs. the industry median of 1.83, Hong Pu Real Estate Development 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 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. Hong Pu Real Estate Development Co's current Cyclically Adjusted PS Ratio of 1.57 is 14.2% 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 Hong Pu Real Estate Development 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. Hong Pu Real Estate Development Co's current Cyclically Adjusted PS Ratio is 1.57, which is 15% below median its own 10-year median of 1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Pu Real Estate Development Co stock overvalued right now?
Hong Pu Real Estate Development Co (TPE:2536) has a current Cyclically Adjusted PS Ratio of 1.57. The current Cyclically Adjusted PS Ratio is 1.57, which is 15% below median its 10-year median of 1.85 and 14.2% below the Real Estate industry median of 1.83. Hong Pu Real Estate Development Co's overall GF Score™ is 60/100 with 6 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 Hong Pu Real Estate Development Co (TPE:2536), the current Cyclically Adjusted PS Ratio is 1.57 as of Aug. 04, 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.

Hong Pu Real Estate Development Co Business Description

Address Dunhua S. Road, No. 19, Section 2, 9th Floor, Da’an District, Taipei, TWN
Hong Pu Real Estate Development Co Ltd is engaged in the business of construction, sales, and leasing of residential and commercial buildings. Its key business activities include the construction of public housing and commercial buildings through commissioned contractors, as well as leasing operations. The Group generates maximum revenue from the sale of land and buildings. Geographically, it derives all of its revenue from Taiwan.
60GF Score

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

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