Taiwan Navigation Co (TPE:2617) Cyclically Adjusted PS Ratio: 3.26 (As of Sep. 17, 2026) — Near Median

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TPE:2617 Taiwan Navigation Co Ltd TPE:2617
88 GF Score
Price NT$32.45
GF Value NT$34.49
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Taiwan Navigation Co Cyclically Adjusted PS Ratio?

Taiwan Navigation Co TPE:2617 +0.15% 88 Cyclically Adjusted PS Ratio is 3.26 as of Sep. 17, 2026, which is 1% above its 10-year median of 3.22. GuruFocus rates TPE:2617 with a GF Score™ of 88/100 and a GF Value™ of NT$34.49 (Fairly Valued). The stock has 5 warning signs investors should review. Among 760 Transportation companies, Taiwan Navigation Co ranks worse than 84.47% on this metric.

As of today (2026-09-17), Taiwan Navigation Co's current share price is NT$32.45. Taiwan Navigation Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was NT$9.96. Taiwan Navigation Co's Cyclically Adjusted PS Ratio for today is 3.26.

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

TPE:2617' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.62   Med: 3.22   Max: 9.45
Current: 3.38

During the past years, Taiwan Navigation Co's highest Cyclically Adjusted PS Ratio was 9.45. The lowest was 1.62. And the median was 3.22.

TPE:2617's Cyclically Adjusted PS Ratio is ranked worse than
84.47% of 760 companies
in the Transportation industry
Industry Median: 0.915 vs TPE:2617: 3.38

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.

Taiwan Navigation Co's adjusted revenue per share data for the three months ended in Jun. 2026 was NT$3.082. 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$9.96 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Navigation Co  (TPE:2617) 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.


Taiwan Navigation Co Cyclically Adjusted PS Ratio Related Terms


Taiwan Navigation Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Taiwan Navigation 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.

Taiwan Navigation Co Cyclically Adjusted PS Ratio Chart

Taiwan Navigation 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 4.73 3.24 3.81 3.28 3.20

Taiwan Navigation Co 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 2.99 2.90 3.19 3.06 2.98

Taiwan Navigation Co Cyclically Adjusted PS Ratio Competitor Comparison

For the Marine Shipping subindustry, Taiwan Navigation 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.


Taiwan Navigation Co Cyclically Adjusted PS Ratio vs Transportation Industry

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

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


TPE:2617
88GF Score
Taiwan Navigation Co Ltd TPE:2617
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Navigation 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=32.45/9.955
=3.26

* 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.

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

For example, Taiwan Navigation Co'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)
=3.082/333.9520*333.9520
=3.082

Current CPI (Jun. 2026) = 333.9520.

Taiwan Navigation Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.509 241.428 2.087
201612 1.607 241.432 2.223
201703 1.552 243.801 2.126
201706 1.560 244.955 2.127
201709 1.743 246.819 2.358
201712 1.898 246.524 2.571
201803 1.909 249.554 2.555
201806 2.006 251.989 2.658
201809 2.177 252.439 2.880
201812 1.974 251.233 2.624
201903 1.792 254.202 2.354
201906 1.907 256.143 2.486
201909 1.962 256.759 2.552
201912 1.793 256.974 2.330
202003 1.508 258.115 1.951
202006 1.388 257.797 1.798
202009 1.558 260.280 1.999
202012 1.510 260.474 1.936
202103 1.567 264.877 1.976
202106 1.940 271.696 2.385
202109 2.059 274.310 2.507
202112 2.158 278.802 2.585
202203 1.956 287.504 2.272
202206 2.401 296.311 2.706
202209 2.325 296.808 2.616
202212 2.583 296.797 2.906
202303 2.238 301.836 2.476
202306 2.468 305.109 2.701
202309 2.271 307.789 2.464
202312 2.573 306.746 2.801
202403 2.458 312.332 2.628
202406 2.698 314.175 2.868
202409 2.760 315.301 2.923
202412 2.621 315.605 2.773
202503 2.453 319.799 2.562
202506 2.443 322.561 2.529
202509 2.586 324.800 2.659
202512 2.808 324.054 2.894
202603 2.594 330.213 2.623
202606 3.082 333.952 3.082

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 3.26 mean?
Taiwan Navigation Co (TPE:2617) has a Cyclically Adjusted PS Ratio of 3.26 as of Sep. 17, 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 Taiwan Navigation Co and its competitors. This is near median its historical median of 3.22. Over the past decade, Taiwan Navigation Co's Cyclically Adjusted PS Ratio has ranged from 1.62 to 9.45. According to the industry distribution chart, Taiwan Navigation Co ranks #642 out of 760 companies in the Transportation industry, placing it in the top 84.5%.
Is Taiwan Navigation Co's Cyclically Adjusted PS Ratio too high?
Taiwan Navigation Co's current Cyclically Adjusted PS Ratio of 3.26 is near median its 10-year median of 3.22. Over the past 10 years, this metric has ranged from a low of 1.62 to a high of 9.45. The Transportation industry median Cyclically Adjusted PS Ratio is 0.92. Taiwan Navigation Co's value of 3.26 is 256.3% above this industry median. Based on the distribution chart, Taiwan Navigation Co ranks #642 out of 760 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Taiwan Navigation Co has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Navigation Co's Cyclically Adjusted PS Ratio compare to competitors?
According to the Transportation industry distribution chart, Taiwan Navigation Co ranks #642 out of 760 companies for Cyclically Adjusted PS Ratio. This places Taiwan Navigation Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.92. Taiwan Navigation Co's value of 3.26 is 256.3% above this benchmark. Historically, Taiwan Navigation Co's own Cyclically Adjusted PS Ratio has ranged from 1.62 to 9.45 over the past decade. While the company's 10-year median is 3.22 vs. the industry median of 0.92, Taiwan Navigation Co 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 0.92, based on 760 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. Taiwan Navigation Co's current Cyclically Adjusted PS Ratio of 3.26 is 256.3% 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 Taiwan Navigation Co and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Navigation Co's current Cyclically Adjusted PS Ratio is 3.26, which is near median its own 10-year median of 3.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Navigation Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Navigation Co (TPE:2617) is currently considered Fairly Valued. The stock's GF Value™ is NT$34.49, compared to a current price of NT$32.45 — trading 5.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.26, which is near median its 10-year median of 3.22 and 256.3% above the Transportation industry median of 0.92. Taiwan Navigation Co's overall GF Score™ is 88/100 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 Taiwan Navigation Co (TPE:2617), the current Cyclically Adjusted PS Ratio is 3.26 as of Sep. 17, 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 Taiwan Navigation Co (TPE:2617) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Navigation Co stock appears to be undervalued. The current stock price of NT$32.45 is trading 5.9% below its estimated GF Value™ of NT$34.49. GuruFocus considers Taiwan Navigation Co to be Fairly Valued.

Key valuation signals for TPE:2617:

  • Cyclically Adjusted PS Ratio: 3.26 (near median its 10-year median of 3.22)
  • GF Value™: NT$34.49 vs. price of NT$32.45 (5.9% below fair value)
  • GF Score™: 88/100 with 5 warning signs
  • Industry Position: 256.3% above the Transportation median (#642 of 760)

No single metric tells the full story. See the TPE:2617 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Navigation Co Business Description

Address Jinan Road, No. 29, Section 2, 2-6 Floor, Zhongzheng District, Taipei, TWN, 100023
Taiwan Navigation Co Ltd mainly engages in passenger and freight transport via water, port warehousing, aquatics and mining, and navigation channel dredging. Additionally, it acts as a shipping agency, provides tugboats, and acts as a landowner in agreements with construction companies for the use of its land for the construction of residential and commercial buildings for sale and rental. Geographically, the Group generates maximum revenue from Asia, followed by Europe and other regions.
88GF Score

Get the complete analysis for TPE:2617

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

NT$32.45
Price
NT$34.49
GF Value