Wan Hai Lines (TPE:2615) Cyclically Adjusted PS Ratio: 2.17 (As of Sep. 01, 2026) — 36% Above Median

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TPE:2615 Wan Hai Lines Ltd TPE:2615
83 GF Score
Price NT$114.00
GF Value NT$79.36
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Wan Hai Lines Cyclically Adjusted PS Ratio?

Wan Hai Lines TPE:2615 +2.24% 83 Cyclically Adjusted PS Ratio is 2.17 as of Sep. 01, 2026, which is 36% above its 10-year median of 1.59. GuruFocus rates TPE:2615 with a GF Score™ of 83/100 and a GF Value™ of NT$79.36 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 763 Transportation companies, Wan Hai Lines ranks worse than 72.35% on this metric.

As of today (2026-09-01), Wan Hai Lines's current share price is NT$114.00. Wan Hai Lines's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was NT$52.56. Wan Hai Lines's Cyclically Adjusted PS Ratio for today is 2.17.

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

TPE:2615' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 1.59   Max: 9.3
Current: 2.12

During the past years, Wan Hai Lines's highest Cyclically Adjusted PS Ratio was 9.30. The lowest was 0.40. And the median was 1.59.

TPE:2615's Cyclically Adjusted PS Ratio is ranked worse than
72.35% of 763 companies
in the Transportation industry
Industry Median: 0.93 vs TPE:2615: 2.12

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.

Wan Hai Lines's adjusted revenue per share data for the three months ended in Jun. 2026 was NT$15.286. 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$52.56 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wan Hai Lines  (TPE:2615) 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.


Wan Hai Lines Cyclically Adjusted PS Ratio Related Terms


Wan Hai Lines Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Wan Hai Lines'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.

Wan Hai Lines Cyclically Adjusted PS Ratio Chart

Wan Hai Lines 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 5.38 1.97 1.29 1.74 1.59

Wan Hai Lines Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.84 1.51 1.59 1.51 1.51

Wan Hai Lines Cyclically Adjusted PS Ratio Competitor Comparison

For the Marine Shipping subindustry, Wan Hai Lines'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.


Wan Hai Lines Cyclically Adjusted PS Ratio vs Transportation Industry

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

* The bar in red indicates where Wan Hai Lines's Cyclically Adjusted PS Ratio falls into.


TPE:2615
83GF Score
Wan Hai Lines Ltd TPE:2615
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wan Hai Lines 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.

Wan Hai Lines's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=114.00/52.56
=2.17

* 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.

Wan Hai Lines's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Wan Hai Lines's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=15.286/333.9520*333.9520
=15.286

Current CPI (Jun. 2026) = 333.9520.

Wan Hai Lines Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 4.264 241.428 5.898
201612 5.300 241.432 7.331
201703 4.945 243.801 6.774
201706 5.504 244.955 7.504
201709 5.584 246.819 7.555
201712 5.624 246.524 7.619
201803 5.312 249.554 7.108
201806 5.766 251.989 7.641
201809 6.043 252.439 7.994
201812 6.619 251.233 8.798
201903 6.158 254.202 8.090
201906 6.455 256.143 8.416
201909 6.481 256.759 8.429
201912 6.714 256.974 8.725
202003 6.408 258.115 8.291
202006 5.756 257.797 7.456
202009 7.044 260.280 9.038
202012 9.943 260.474 12.748
202103 13.728 264.877 17.308
202106 14.882 271.696 18.292
202109 25.189 274.310 30.666
202112 25.175 278.802 30.155
202203 28.632 287.504 33.258
202206 26.719 296.311 30.113
202209 22.660 296.808 25.496
202212 14.059 296.797 15.819
202303 9.108 301.836 10.077
202306 8.679 305.109 9.499
202309 8.879 307.789 9.634
202312 8.960 306.746 9.755
202403 9.839 312.332 10.520
202406 13.590 314.175 14.445
202409 19.396 315.301 20.543
202412 14.745 315.605 15.602
202503 13.210 319.799 13.795
202506 12.298 322.561 12.732
202509 12.460 324.800 12.811
202512 11.877 324.054 12.240
202603 11.971 330.213 12.107
202606 15.286 333.952 15.286

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 2.17 mean?
Wan Hai Lines (TPE:2615) has a Cyclically Adjusted PS Ratio of 2.17 as of Sep. 01, 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 Wan Hai Lines and its competitors. This is 36% above median its historical median of 1.59. Over the past decade, Wan Hai Lines' Cyclically Adjusted PS Ratio has ranged from 0.40 to 9.30. According to the industry distribution chart, Wan Hai Lines ranks #552 out of 763 companies in the Transportation industry, placing it in the top 72.3%.
Is Wan Hai Lines' Cyclically Adjusted PS Ratio too high?
Wan Hai Lines' current Cyclically Adjusted PS Ratio of 2.17 is 36% above median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 9.30. The Transportation industry median Cyclically Adjusted PS Ratio is 0.93. Wan Hai Lines' value of 2.17 is 133.3% above this industry median. Based on the distribution chart, Wan Hai Lines ranks #552 out of 763 companies in the Transportation industry, which is below the industry midpoint. Overall, Wan Hai Lines has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wan Hai Lines' Cyclically Adjusted PS Ratio compare to competitors?
According to the Transportation industry distribution chart, Wan Hai Lines ranks #552 out of 763 companies for Cyclically Adjusted PS Ratio. This places Wan Hai Lines in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.93. Wan Hai Lines' value of 2.17 is 133.3% above this benchmark. Historically, Wan Hai Lines' own Cyclically Adjusted PS Ratio has ranged from 0.40 to 9.30 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 0.93, Wan Hai Lines 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 0.93, 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. Wan Hai Lines's current Cyclically Adjusted PS Ratio of 2.17 is 133.3% 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 Wan Hai Lines and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wan Hai Lines's current Cyclically Adjusted PS Ratio is 2.17, which is 36% above median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wan Hai Lines stock overvalued right now?
Based on GuruFocus' analysis, Wan Hai Lines (TPE:2615) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$79.36, compared to a current price of NT$114.00 — trading 43.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.17, which is 36% above median its 10-year median of 1.59 and 133.3% above the Transportation industry median of 0.93. Wan Hai Lines' overall GF Score™ is 83/100 with 2 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 Wan Hai Lines (TPE:2615), the current Cyclically Adjusted PS Ratio is 2.17 as of Sep. 01, 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 Wan Hai Lines (TPE:2615) Overvalued in 2026?

Based on GuruFocus' analysis, Wan Hai Lines stock appears to be overvalued. The current stock price of NT$114.00 is trading 43.6% above its estimated GF Value™ of NT$79.36. GuruFocus considers Wan Hai Lines to be Significantly Overvalued.

Key valuation signals for TPE:2615:

  • Cyclically Adjusted PS Ratio: 2.17 (36% above median its 10-year median of 1.59)
  • GF Value™: NT$79.36 vs. price of NT$114.00 (43.6% above fair value)
  • GF Score™: 83/100 with 2 warning signs
  • Industry Position: 133.3% above the Transportation median (#552 of 763)

No single metric tells the full story. See the TPE:2615 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wan Hai Lines Business Description

Address 136, Sung Chiang Road, 10th Floor, Taipei, TWN
Wan Hai Lines Ltd is a transportation and logistics company domiciled in Taiwan. The company develops and operates terminals, container yards, and warehouses, and provides container shipping services through its fleet of vessels. Besides, the company constructs and maintains cargo containers, provides container loading and unloading services, and constructs and maintains ships. The company generates the majority of its revenue from Freight, Rentals, followed by WHL Terminals and Other services in geographical regions that include Asia, followed by India, the Middle East, America and the Red Sea.
83GF Score

Get the complete analysis for TPE:2615

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

NT$114.00
Price
NT$79.36
GF Value