IBF Financial Holdings Co (TPE:2889) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

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Director of Data and Quant Analytics at GuruFocus
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TPE:2889 IBF Financial Holdings Co Ltd TPE:2889
57 GF Score
Price NT$17.15
GF Value NT$22.07
Valuation Modestly Undervalued
! 5 Warning Signs
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What is IBF Financial Holdings Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


IBF Financial Holdings Co  (TPE:2889) 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.


IBF Financial Holdings Co Cyclically Adjusted PS Ratio Related Terms


IBF Financial Holdings Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for IBF Financial Holdings 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.

IBF Financial Holdings Co Cyclically Adjusted PS Ratio Chart

IBF Financial Holdings 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 5.87 4.02 4.00 4.64 4.88

IBF Financial Holdings 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 4.03 4.58 4.86 4.24 4.03

TPE:2889 vs MS, GS, SCHW: Cyclically Adjusted PS Ratio Comparison

For the Capital Markets subindustry, IBF Financial Holdings 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.


IBF Financial Holdings Co Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, IBF Financial Holdings Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where IBF Financial Holdings Co's Cyclically Adjusted PS Ratio falls into.


TPE:2889
57GF Score
IBF Financial Holdings Co Ltd TPE:2889
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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IBF Financial Holdings 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.

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

For example, IBF Financial Holdings 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)
=1.985/333.9520*333.9520
=1.985

Current CPI (Jun. 2026) = 333.9520.

IBF Financial Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.509 241.428 0.704
201612 0.370 241.432 0.512
201703 0.506 243.801 0.693
201706 0.514 244.955 0.701
201709 0.572 246.819 0.774
201712 0.694 246.524 0.940
201803 0.531 249.554 0.711
201806 0.571 251.989 0.757
201809 0.525 252.439 0.695
201812 0.496 251.233 0.659
201903 0.553 254.202 0.726
201906 0.649 256.143 0.846
201909 0.743 256.759 0.966
201912 0.579 256.974 0.752
202003 0.598 258.115 0.774
202006 0.721 257.797 0.934
202009 0.960 260.280 1.232
202012 0.723 260.474 0.927
202103 0.808 264.877 1.019
202106 0.551 271.696 0.677
202109 1.152 274.310 1.402
202112 0.712 278.802 0.853
202203 0.732 287.504 0.850
202206 0.650 296.311 0.733
202209 0.755 296.808 0.849
202212 0.481 296.797 0.541
202303 0.847 301.836 0.937
202306 0.894 305.109 0.979
202309 0.859 307.789 0.932
202312 0.812 306.746 0.884
202403 0.927 312.332 0.991
202406 1.038 314.175 1.103
202409 1.085 315.301 1.149
202412 0.826 315.605 0.874
202503 0.675 319.799 0.705
202506 0.871 322.561 0.902
202509 1.489 324.800 1.531
202512 1.171 324.054 1.207
202603 1.127 330.213 1.140
202606 1.985 333.952 1.985

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.

Is IBF Financial Holdings Co (TPE:2889) Overvalued in 2026?

Based on GuruFocus' analysis, IBF Financial Holdings Co stock appears to be undervalued. The current stock price of NT$17.15 is trading 22.3% below its estimated GF Value™ of NT$22.07. GuruFocus considers IBF Financial Holdings Co to be Modestly Undervalued.

Key valuation signals for TPE:2889:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: NT$22.07 vs. price of NT$17.15 (22.3% below fair value)
  • GF Score™: 57/100 with 5 warning signs

No single metric tells the full story. See the TPE:2889 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IBF Financial Holdings Co Business Description

Address No. 17, Lequn Third Road, 128th Floor, Zhongshan District, Taipei, TWN, 104
IBF Financial Holdings Co Ltd along with its subsidiaries is engaged in underwriting, certification as well as endorsements and guarantees of short-term bills; trading and underwriting securities such as commercial papers and bonds; consignment trading of securities; financing and short selling as well as lending and borrowing business of securities; trading as well as introducing brokerage services of futures; agency and leasing business of real estate and movables as well as venture capital business. Its operating segments are: Bills finance companies, Securities Firm, and Others.
57GF Score

Get the complete analysis for TPE:2889

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

NT$17.15
Price
NT$22.07
GF Value