Formosa International Hotels (TPE:2707) Cyclically Adjusted PS Ratio: 3.09 (As of Aug. 03, 2026) — Near Median

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TPE:2707 Formosa International Hotels Corp TPE:2707
91 GF Score
Price NT$178.00
GF Value NT$216.09
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Formosa International Hotels Cyclically Adjusted PS Ratio?

Formosa International Hotels TPE:2707 -1.39% 91 Cyclically Adjusted PS Ratio is 3.09 as of Aug. 03, 2026, which is 6% below its 10-year median of 3.28. GuruFocus rates TPE:2707 with a GF Score™ of 91/100 and a GF Value™ of NT$216.09 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 671 Travel & Leisure companies, Formosa International Hotels ranks worse than 74.81% on this metric.

As of today (2026-08-03), Formosa International Hotels's current share price is NT$178.00. Formosa International Hotels's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$57.61. Formosa International Hotels's Cyclically Adjusted PS Ratio for today is 3.09.

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

TPE:2707' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.98   Med: 3.28   Max: 5.63
Current: 3.11

During the past years, Formosa International Hotels's highest Cyclically Adjusted PS Ratio was 5.63. The lowest was 1.98. And the median was 3.28.

TPE:2707's Cyclically Adjusted PS Ratio is ranked worse than
74.81% of 671 companies
in the Travel & Leisure industry
Industry Median: 1.29 vs TPE:2707: 3.11

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.

Formosa International Hotels's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$15.277. 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$57.61 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Formosa International Hotels  (TPE:2707) 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.


Formosa International Hotels Cyclically Adjusted PS Ratio Related Terms


Formosa International Hotels Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Formosa International Hotels'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.

Formosa International Hotels Cyclically Adjusted PS Ratio Chart

Formosa International Hotels 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 2.84 4.64 3.90 3.36 3.33

Formosa International Hotels 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 3.60 3.34 3.47 3.33 3.18

TPE:2707 vs MAR, HLT, H: Cyclically Adjusted PS Ratio Comparison

For the Lodging subindustry, Formosa International Hotels'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.


Formosa International Hotels Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Formosa International Hotels's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Formosa International Hotels's Cyclically Adjusted PS Ratio falls into.


TPE:2707
91GF Score
Formosa International Hotels Corp TPE:2707
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Formosa International Hotels 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.

Formosa International Hotels's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=178.00/57.61
=3.09

* 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.

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

For example, Formosa International Hotels'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)
=15.277/330.2130*330.2130
=15.277

Current CPI (Mar. 2026) = 330.2130.

Formosa International Hotels Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 12.682 241.018 17.375
201609 12.646 241.428 17.297
201612 13.633 241.432 18.646
201703 12.743 243.801 17.260
201706 12.636 244.955 17.034
201709 13.113 246.819 17.544
201712 13.711 246.524 18.366
201803 12.692 249.554 16.794
201806 12.618 251.989 16.535
201809 11.840 252.439 15.488
201812 12.377 251.233 16.268
201903 12.368 254.202 16.066
201906 11.444 256.143 14.753
201909 11.999 256.759 15.432
201912 12.463 256.974 16.015
202003 9.949 258.115 12.728
202006 7.838 257.797 10.040
202009 11.218 260.280 14.232
202012 11.394 260.474 14.445
202103 11.328 264.877 14.122
202106 7.963 271.696 9.678
202109 7.859 274.310 9.461
202112 10.524 278.802 12.465
202203 11.085 287.504 12.732
202206 8.155 296.311 9.088
202209 11.567 296.808 12.869
202212 13.013 296.797 14.478
202303 13.619 301.836 14.899
202306 12.510 305.109 13.539
202309 12.754 307.789 13.683
202312 14.027 306.746 15.100
202403 13.713 312.332 14.498
202406 10.857 314.175 11.411
202409 11.354 315.301 11.891
202412 13.365 315.605 13.984
202503 14.561 319.799 15.035
202506 12.375 322.561 12.669
202509 12.284 324.800 12.489
202512 14.187 324.054 14.457
202603 15.277 330.213 15.277

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 3.09 mean?
Formosa International Hotels (TPE:2707) has a Cyclically Adjusted PS Ratio of 3.09 as of Aug. 03, 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 Formosa International Hotels and its competitors. This is near median its historical median of 3.28. Over the past decade, Formosa International Hotels' Cyclically Adjusted PS Ratio has ranged from 1.98 to 5.63. According to the industry distribution chart, Formosa International Hotels ranks #502 out of 671 companies in the Travel & Leisure industry, placing it in the top 74.8%.
Is Formosa International Hotels' Cyclically Adjusted PS Ratio too high?
Formosa International Hotels' current Cyclically Adjusted PS Ratio of 3.09 is near median its 10-year median of 3.28. Over the past 10 years, this metric has ranged from a low of 1.98 to a high of 5.63. The Travel & Leisure industry median Cyclically Adjusted PS Ratio is 1.29. Formosa International Hotels' value of 3.09 is 139.5% above this industry median. Based on the distribution chart, Formosa International Hotels ranks #502 out of 671 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Formosa International Hotels has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Formosa International Hotels' Cyclically Adjusted PS Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Formosa International Hotels ranks #502 out of 671 companies for Cyclically Adjusted PS Ratio. This places Formosa International Hotels in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.29. Formosa International Hotels' value of 3.09 is 139.5% above this benchmark. Historically, Formosa International Hotels' own Cyclically Adjusted PS Ratio has ranged from 1.98 to 5.63 over the past decade. While the company's 10-year median is 3.28 vs. the industry median of 1.29, Formosa International Hotels 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 Travel & Leisure company?
The median Cyclically Adjusted PS Ratio among Travel & Leisure companies is 1.29, based on 671 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. Formosa International Hotels's current Cyclically Adjusted PS Ratio of 3.09 is 139.5% 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 Formosa International Hotels and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PS Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formosa International Hotels's current Cyclically Adjusted PS Ratio is 3.09, which is near median its own 10-year median of 3.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosa International Hotels stock overvalued right now?
Based on GuruFocus' analysis, Formosa International Hotels (TPE:2707) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$216.09, compared to a current price of NT$178.00 — trading 17.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.09, which is near median its 10-year median of 3.28 and 139.5% above the Travel & Leisure industry median of 1.29. Formosa International Hotels' overall GF Score™ is 91/100 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 Formosa International Hotels (TPE:2707), the current Cyclically Adjusted PS Ratio is 3.09 as of Aug. 03, 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 Formosa International Hotels (TPE:2707) Overvalued in 2026?

Based on GuruFocus' analysis, Formosa International Hotels stock appears to be undervalued. The current stock price of NT$178.00 is trading 17.6% below its estimated GF Value™ of NT$216.09. GuruFocus considers Formosa International Hotels to be Modestly Undervalued.

Key valuation signals for TPE:2707:

  • Cyclically Adjusted PS Ratio: 3.09 (near median its 10-year median of 3.28)
  • GF Value™: NT$216.09 vs. price of NT$178.00 (17.6% below fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 139.5% above the Travel & Leisure median (#502 of 671)

No single metric tells the full story. See the TPE:2707 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Formosa International Hotels Business Description

Address No. 3, Lane 39, Chung-Shan North Road, Section 2, 1-20th Floor, Taipei, TWN
Formosa International Hotels Corp is engaged in the operation of international tourist hotels. The Group also operates Chinese and Western restaurants, cafes, bars, conference halls, and related facilities, and provides consulting services for hotel management as well as consultation and diagnostic analysis for various types of leisure industry facilities. Its operations are organized into four business segments: Room/Accommodation, Food and Beverage, Rental, and Operation Management. The Group's revenue is mainly derived from its hotel and restaurant operations.
91GF Score

Get the complete analysis for TPE:2707

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

NT$178.00
Price
NT$216.09
GF Value