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China AirlinesTPE:2610 -0.49%33 Cyclically Adjusted PS Ratio is 0.61 as of Jul. 25, 2026, which is 2% below its 10-year median of 0.62. GuruFocus rates TPE:2610 with a GF Score™ of 33/100. The stock has 5 warning signs investors should review. Among 762 Transportation companies, China Airlines ranks better than 61.81% on this metric.
The historical rank and industry rank for China Airlines's Cyclically Adjusted PS Ratio or its related term are showing as below:
TPE:2610'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19 Med: 0.62 Max: 1.04
Current: 0.61
During the past years, China Airlines's highest Cyclically Adjusted PS Ratio was 1.04. The lowest was 0.19. And the median was 0.62.
TPE:2610's Cyclically Adjusted PS Ratio is ranked better than 61.81% of 762
companies
in the Transportation industry
Industry Median: 0.89
vs TPE:2610: 0.61
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.
China Airlines's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$9.212. 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$33.44 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
China Airlines (TPE:2610) 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.
China Airlines Cyclically Adjusted PS Ratio Related Terms
China Airlines Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for China Airlines'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.
TPE:2610 vs DAL, UAL, LUV: Cyclically Adjusted PS Ratio Comparison
For the Airlines subindustry, China Airlines'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.
China Airlines Cyclically Adjusted PS Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, China Airlines's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where China Airlines's Cyclically Adjusted PS Ratio falls into.
China Airlines 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.
China Airlines's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 0.61 mean?
China Airlines (TPE:2610) has a Cyclically Adjusted PS Ratio of 0.61 as of Jul. 25, 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 China Airlines and its competitors. This is near median its historical median of 0.62. Over the past decade, China Airlines' Cyclically Adjusted PS Ratio has ranged from 0.19 to 1.04. According to the industry distribution chart, China Airlines ranks #291 out of 762 companies in the Transportation industry, placing it in the top 38.2%.
Is China Airlines' Cyclically Adjusted PS Ratio too high?
China Airlines' current Cyclically Adjusted PS Ratio of 0.61 is near median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 1.04. The Transportation industry median Cyclically Adjusted PS Ratio is 0.89. China Airlines' value of 0.61 is 31.5% below this industry median. Based on the distribution chart, China Airlines ranks #291 out of 762 companies in the Transportation industry, which is above the industry midpoint. Overall, China Airlines has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does China Airlines' Cyclically Adjusted PS Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, China Airlines ranks #291 out of 762 companies for Cyclically Adjusted PS Ratio. This puts China Airlines in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.89. China Airlines' value of 0.61 is 31.5% below this benchmark. Historically, China Airlines' own Cyclically Adjusted PS Ratio has ranged from 0.19 to 1.04 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 0.89, China Airlines 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 Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.89, based on 762 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. China Airlines's current Cyclically Adjusted PS Ratio of 0.61 is 31.5% 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 China Airlines and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Airlines's current Cyclically Adjusted PS Ratio is 0.61, which is near median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Airlines stock overvalued right now?
China Airlines (TPE:2610) has a current Cyclically Adjusted PS Ratio of 0.61. The current Cyclically Adjusted PS Ratio is 0.61, which is near median its 10-year median of 0.62 and 31.5% below the Transportation industry median of 0.89. China Airlines' overall GF Score™ is 33/100 with 5 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 China Airlines (TPE:2610), the current Cyclically Adjusted PS Ratio is 0.61 as of Jul. 25, 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.
China Airlines Ltd provides air transportation services. The company is composed of its flight and non-flight segments. The flight segment is the core business of the firm and offers transport services primarily for passengers and cargo. A vast proportion of the companies revenue is generated from transporting passengers in its flight operating unit. The non-flight segment provides various services such as mail and ground solutions, data processing services to other airlines, aircraft maintenance, and aircraft leasing. It engages in air transportation services for passengers, cargo and others. The company's geographical segments include America, Northeast Asia, Southeast Asia, Europe, Australia, China, and Domestic.
33GF Score
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