Sincere Navigation (TPE:2605) Cyclically Adjusted PS Ratio: 3.81 (As of Aug. 05, 2026) — 33% Above Median

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Founder & CEO of GuruFocus
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TPE:2605 Sincere Navigation Corp TPE:2605
85 GF Score
Price NT$31.25
GF Value NT$29.84
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Sincere Navigation Cyclically Adjusted PS Ratio?

Sincere Navigation TPE:2605 +0.16% 85 Cyclically Adjusted PS Ratio is 3.81 as of Aug. 05, 2026, which is 33% above its 10-year median of 2.87. GuruFocus rates TPE:2605 with a GF Score™ of 85/100 and a GF Value™ of NT$29.84 (Fairly Valued). The stock has 4 warning signs investors should review. Among 765 Transportation companies, Sincere Navigation ranks worse than 88.5% on this metric.

As of today (2026-08-05), Sincere Navigation's current share price is NT$31.25. Sincere Navigation's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$8.21. Sincere Navigation's Cyclically Adjusted PS Ratio for today is 3.81.

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

TPE:2605' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.17   Med: 2.87   Max: 6.65
Current: 3.94

During the past years, Sincere Navigation's highest Cyclically Adjusted PS Ratio was 6.65. The lowest was 1.17. And the median was 2.87.

TPE:2605's Cyclically Adjusted PS Ratio is ranked worse than
88.5% of 765 companies
in the Transportation industry
Industry Median: 0.9 vs TPE:2605: 3.94

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.

Sincere Navigation's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$2.332. 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$8.21 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sincere Navigation  (TPE:2605) 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.


Sincere Navigation Cyclically Adjusted PS Ratio Related Terms


Sincere Navigation Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sincere Navigation'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.

Sincere Navigation Cyclically Adjusted PS Ratio Chart

Sincere Navigation 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 3.58 2.47 3.12 3.09 3.24

Sincere Navigation 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 3.04 2.69 2.89 3.24 5.12

Sincere Navigation Cyclically Adjusted PS Ratio Competitor Comparison

For the Marine Shipping subindustry, Sincere Navigation'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.


Sincere Navigation Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Sincere Navigation's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TPE:2605
85GF Score
Sincere Navigation Corp TPE:2605
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sincere Navigation 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.

Sincere Navigation's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=31.25/8.21
=3.81

* 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.

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

For example, Sincere Navigation'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)
=2.332/330.2130*330.2130
=2.332

Current CPI (Mar. 2026) = 330.2130.

Sincere Navigation Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.477 241.018 2.024
201609 1.343 241.428 1.837
201612 1.459 241.432 1.996
201703 1.474 243.801 1.996
201706 1.486 244.955 2.003
201709 1.448 246.819 1.937
201712 1.548 246.524 2.074
201803 1.218 249.554 1.612
201806 1.281 251.989 1.679
201809 1.838 252.439 2.404
201812 2.070 251.233 2.721
201903 1.570 254.202 2.039
201906 1.357 256.143 1.749
201909 1.730 256.759 2.225
201912 2.294 256.974 2.948
202003 1.929 258.115 2.468
202006 1.762 257.797 2.257
202009 1.592 260.280 2.020
202012 1.471 260.474 1.865
202103 1.302 264.877 1.623
202106 1.731 271.696 2.104
202109 1.871 274.310 2.252
202112 2.456 278.802 2.909
202203 1.345 287.504 1.545
202206 1.664 296.311 1.854
202209 1.668 296.808 1.856
202212 2.199 296.797 2.447
202303 1.719 301.836 1.881
202306 1.723 305.109 1.865
202309 1.764 307.789 1.893
202312 1.846 306.746 1.987
202403 1.849 312.332 1.955
202406 2.061 314.175 2.166
202409 1.892 315.301 1.981
202412 1.739 315.605 1.819
202503 1.614 319.799 1.667
202506 1.857 322.561 1.901
202509 1.735 324.800 1.764
202512 2.354 324.054 2.399
202603 2.332 330.213 2.332

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 3.81 mean?
Sincere Navigation (TPE:2605) has a Cyclically Adjusted PS Ratio of 3.81 as of Aug. 05, 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 Sincere Navigation and its competitors. This is 33% above median its historical median of 2.87. Over the past decade, Sincere Navigation's Cyclically Adjusted PS Ratio has ranged from 1.17 to 6.65. According to the industry distribution chart, Sincere Navigation ranks #677 out of 765 companies in the Transportation industry, placing it in the top 88.5%.
Is Sincere Navigation's Cyclically Adjusted PS Ratio too high?
Sincere Navigation's current Cyclically Adjusted PS Ratio of 3.81 is 33% above median its 10-year median of 2.87. Over the past 10 years, this metric has ranged from a low of 1.17 to a high of 6.65. The Transportation industry median Cyclically Adjusted PS Ratio is 0.90. Sincere Navigation's value of 3.81 is 323.3% above this industry median. Based on the distribution chart, Sincere Navigation ranks #677 out of 765 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Sincere Navigation has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sincere Navigation's Cyclically Adjusted PS Ratio compare to competitors?
According to the Transportation industry distribution chart, Sincere Navigation ranks #677 out of 765 companies for Cyclically Adjusted PS Ratio. This places Sincere Navigation in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.90. Sincere Navigation's value of 3.81 is 323.3% above this benchmark. Historically, Sincere Navigation's own Cyclically Adjusted PS Ratio has ranged from 1.17 to 6.65 over the past decade. While the company's 10-year median is 2.87 vs. the industry median of 0.90, Sincere Navigation 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 Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.90, based on 765 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. Sincere Navigation's current Cyclically Adjusted PS Ratio of 3.81 is 323.3% 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 Sincere Navigation and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sincere Navigation's current Cyclically Adjusted PS Ratio is 3.81, which is 33% above 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 Sincere Navigation stock overvalued right now?
Based on GuruFocus' analysis, Sincere Navigation (TPE:2605) is currently considered Fairly Valued. The stock's GF Value™ is NT$29.84, compared to a current price of NT$31.25 — trading 4.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.81, which is 33% above median its 10-year median of 2.87 and 323.3% above the Transportation industry median of 0.90. Sincere Navigation's overall GF Score™ is 85/100 with 4 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 Sincere Navigation (TPE:2605), the current Cyclically Adjusted PS Ratio is 3.81 as of Aug. 05, 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 Sincere Navigation (TPE:2605) Overvalued in 2026?

Based on GuruFocus' analysis, Sincere Navigation stock appears to be overvalued. The current stock price of NT$31.25 is trading 4.7% above its estimated GF Value™ of NT$29.84. GuruFocus considers Sincere Navigation to be Fairly Valued.

Key valuation signals for TPE:2605:

  • Cyclically Adjusted PS Ratio: 3.81 (33% above median its 10-year median of 2.87)
  • GF Value™: NT$29.84 vs. price of NT$31.25 (4.7% above fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 323.3% above the Transportation median (#677 of 765)

No single metric tells the full story. See the TPE:2605 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sincere Navigation Business Description

Address Fuxing South Road, 14th Floor, No. 368, Section 1, Taipei, TWN, 10656
Sincere Navigation Corp is a bulk shipping transportation company in Taiwan. The company's main business line is to provide an integrated shipping solution. It provides a consistent, high-quality transportation service to customers around the world in key industries such as coal and iron ore mining, steel, energy, and paper. It provides tug and barge services. Its segment includes the Bulk carrier and Oil tanker segments. It derives the majority of the revenue from the Bulk carrier segment.
85GF Score

Get the complete analysis for TPE:2605

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

NT$31.25
Price
NT$29.84
GF Value