U-Ming Marine Transport (TPE:2606) Cyclically Adjusted PS Ratio: 4.00 (As of Aug. 07, 2026) — 14% Above Median

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TPE:2606 U-Ming Marine Transport Corp TPE:2606
90 GF Score
Price NT$67.50
GF Value NT$60.28
Valuation Modestly Overvalued
! 8 Warning Signs
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What is U-Ming Marine Transport Cyclically Adjusted PS Ratio?

U-Ming Marine Transport TPE:2606 +4.81% 90 Cyclically Adjusted PS Ratio is 4.00 as of Aug. 07, 2026, which is 14% above its 10-year median of 3.51. GuruFocus rates TPE:2606 with a GF Score™ of 90/100 and a GF Value™ of NT$60.28 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 763 Transportation companies, U-Ming Marine Transport ranks worse than 87.94% on this metric.

As of today (2026-08-07), U-Ming Marine Transport's current share price is NT$67.50. U-Ming Marine Transport's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$16.89. U-Ming Marine Transport's Cyclically Adjusted PS Ratio for today is 4.00.

The historical rank and industry rank for U-Ming Marine Transport's Cyclically Adjusted PS Ratio or its related term are showing as below:

TPE:2606' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.11   Med: 3.51   Max: 7.32
Current: 3.79

During the past years, U-Ming Marine Transport's highest Cyclically Adjusted PS Ratio was 7.32. The lowest was 2.11. And the median was 3.51.

TPE:2606's Cyclically Adjusted PS Ratio is ranked worse than
87.94% of 763 companies
in the Transportation industry
Industry Median: 0.9 vs TPE:2606: 3.79

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.

U-Ming Marine Transport's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$4.602. 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$16.89 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


U-Ming Marine Transport  (TPE:2606) 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.


U-Ming Marine Transport Cyclically Adjusted PS Ratio Related Terms


U-Ming Marine Transport Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for U-Ming Marine Transport'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.

U-Ming Marine Transport Cyclically Adjusted PS Ratio Chart

U-Ming Marine Transport 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 4.97 3.62 3.61 3.78 3.69

U-Ming Marine Transport 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 4.11 3.03 3.52 3.69 3.43

U-Ming Marine Transport Cyclically Adjusted PS Ratio Competitor Comparison

For the Marine Shipping subindustry, U-Ming Marine Transport'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.


U-Ming Marine Transport Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, U-Ming Marine Transport's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where U-Ming Marine Transport's Cyclically Adjusted PS Ratio falls into.


TPE:2606
90GF Score
U-Ming Marine Transport Corp TPE:2606
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

U-Ming Marine Transport 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.

U-Ming Marine Transport's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=67.50/16.89
=4.00

* 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.

U-Ming Marine Transport's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, U-Ming Marine Transport'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)
=4.602/330.2130*330.2130
=4.602

Current CPI (Mar. 2026) = 330.2130.

U-Ming Marine Transport Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.784 241.018 2.444
201609 2.414 241.428 3.302
201612 2.233 241.432 3.054
201703 2.123 243.801 2.875
201706 2.519 244.955 3.396
201709 2.418 246.819 3.235
201712 2.951 246.524 3.953
201803 2.581 249.554 3.415
201806 2.902 251.989 3.803
201809 4.305 252.439 5.631
201812 3.855 251.233 5.067
201903 2.442 254.202 3.172
201906 2.363 256.143 3.046
201909 3.874 256.759 4.982
201912 3.013 256.974 3.872
202003 2.251 258.115 2.880
202006 1.875 257.797 2.402
202009 3.076 260.280 3.902
202012 2.828 260.474 3.585
202103 2.913 264.877 3.632
202106 3.985 271.696 4.843
202109 4.845 274.310 5.832
202112 4.805 278.802 5.691
202203 3.601 287.504 4.136
202206 4.472 296.311 4.984
202209 4.854 296.808 5.400
202212 3.798 296.797 4.226
202303 3.379 301.836 3.697
202306 4.331 305.109 4.687
202309 4.644 307.789 4.982
202312 4.692 306.746 5.051
202403 4.547 312.332 4.807
202406 4.906 314.175 5.156
202409 5.284 315.301 5.534
202412 4.567 315.605 4.778
202503 4.062 319.799 4.194
202506 4.293 322.561 4.395
202509 5.085 324.800 5.170
202512 4.988 324.054 5.083
202603 4.602 330.213 4.602

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 4.00 mean?
U-Ming Marine Transport (TPE:2606) has a Cyclically Adjusted PS Ratio of 4.00 as of Aug. 07, 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 U-Ming Marine Transport and its competitors. This is 14% above median its historical median of 3.51. Over the past decade, U-Ming Marine Transport's Cyclically Adjusted PS Ratio has ranged from 2.11 to 7.32. According to the industry distribution chart, U-Ming Marine Transport ranks #671 out of 763 companies in the Transportation industry, placing it in the top 87.9%.
Is U-Ming Marine Transport's Cyclically Adjusted PS Ratio too high?
U-Ming Marine Transport's current Cyclically Adjusted PS Ratio of 4.00 is 14% above median its 10-year median of 3.51. Over the past 10 years, this metric has ranged from a low of 2.11 to a high of 7.32. The Transportation industry median Cyclically Adjusted PS Ratio is 0.90. U-Ming Marine Transport's value of 4.00 is 344.4% above this industry median. Based on the distribution chart, U-Ming Marine Transport ranks #671 out of 763 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, U-Ming Marine Transport has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does U-Ming Marine Transport's Cyclically Adjusted PS Ratio compare to competitors?
According to the Transportation industry distribution chart, U-Ming Marine Transport ranks #671 out of 763 companies for Cyclically Adjusted PS Ratio. This places U-Ming Marine Transport in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.90. U-Ming Marine Transport's value of 4.00 is 344.4% above this benchmark. Historically, U-Ming Marine Transport's own Cyclically Adjusted PS Ratio has ranged from 2.11 to 7.32 over the past decade. While the company's 10-year median is 3.51 vs. the industry median of 0.90, U-Ming Marine Transport 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 763 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. U-Ming Marine Transport's current Cyclically Adjusted PS Ratio of 4.00 is 344.4% 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 U-Ming Marine Transport 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. U-Ming Marine Transport's current Cyclically Adjusted PS Ratio is 4.00, which is 14% above median its own 10-year median of 3.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is U-Ming Marine Transport stock overvalued right now?
Based on GuruFocus' analysis, U-Ming Marine Transport (TPE:2606) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$60.28, compared to a current price of NT$67.50 — trading 12% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.00, which is 14% above median its 10-year median of 3.51 and 344.4% above the Transportation industry median of 0.90. U-Ming Marine Transport's overall GF Score™ is 90/100 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 U-Ming Marine Transport (TPE:2606), the current Cyclically Adjusted PS Ratio is 4.00 as of Aug. 07, 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 U-Ming Marine Transport (TPE:2606) Overvalued in 2026?

Based on GuruFocus' analysis, U-Ming Marine Transport stock appears to be overvalued. The current stock price of NT$67.50 is trading 12% above its estimated GF Value™ of NT$60.28. GuruFocus considers U-Ming Marine Transport to be Modestly Overvalued.

Key valuation signals for TPE:2606:

  • Cyclically Adjusted PS Ratio: 4.00 (14% above median its 10-year median of 3.51)
  • GF Value™: NT$60.28 vs. price of NT$67.50 (12% above fair value)
  • GF Score™: 90/100 with 8 warning signs
  • Industry Position: 344.4% above the Transportation median (#671 of 763)

No single metric tells the full story. See the TPE:2606 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


U-Ming Marine Transport Business Description

Address No. 207, Section 2, Tun Hwa South Road, 29th Floor, Taipei, TWN, 106
U-Ming Marine Transport Corp is a transportation and logistics company, domiciled in Taiwan. The company organizes itself into two segments: marine transportation and investment. The marine transportation segment, which contributes the vast majority of revenue, owns and operates a fleet of vessels to transport dry bulk cargo, including cement, oil, coal, iron ore, steel, grain, and other commodities.
90GF Score

Get the complete analysis for TPE:2606

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

NT$67.50
Price
NT$60.28
GF Value