SinoPac Financial Holdings Co (TPE:2890) Cyclically Adjusted PS Ratio: 9.59 (As of Jul. 27, 2026) — 107% Above Median

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TPE:2890 SinoPac Financial Holdings Co Ltd TPE:2890
80 GF Score
Price NT$38.55
GF Value NT$28.72
Valuation Significantly Overvalued
! 6 Warning Signs
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What is SinoPac Financial Holdings Co Cyclically Adjusted PS Ratio?

SinoPac Financial Holdings Co TPE:2890 +0.92% 80 Cyclically Adjusted PS Ratio is 9.59 as of Jul. 27, 2026, which is 107% above its 10-year median of 4.64. GuruFocus rates TPE:2890 with a GF Score™ of 80/100 and a GF Value™ of NT$28.72 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,302 Banks companies, SinoPac Financial Holdings Co ranks worse than 96.24% on this metric.

As of today (2026-07-27), SinoPac Financial Holdings Co's current share price is NT$38.55. SinoPac Financial Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$4.02. SinoPac Financial Holdings Co's Cyclically Adjusted PS Ratio for today is 9.59.

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

TPE:2890' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.42   Med: 4.64   Max: 9.86
Current: 9.6

During the past years, SinoPac Financial Holdings Co's highest Cyclically Adjusted PS Ratio was 9.86. The lowest was 3.42. And the median was 4.64.

TPE:2890's Cyclically Adjusted PS Ratio is ranked worse than
96.24% of 1302 companies
in the Banks industry
Industry Median: 3.41 vs TPE:2890: 9.60

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.

SinoPac Financial Holdings Co's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$1.315. 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$4.02 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


SinoPac Financial Holdings Co  (TPE:2890) 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.


SinoPac Financial Holdings Co Cyclically Adjusted PS Ratio Related Terms


SinoPac Financial Holdings Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for SinoPac 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.

SinoPac Financial Holdings Co Cyclically Adjusted PS Ratio Chart

SinoPac 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 4.65 4.49 5.19 5.85 6.98

SinoPac Financial Holdings Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 5.85 5.54 5.90 6.16 6.98

SinoPac Financial Holdings Co Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, SinoPac 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.


SinoPac Financial Holdings Co Cyclically Adjusted PS Ratio vs Banks Industry

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

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


TPE:2890
80GF Score
SinoPac Financial Holdings Co Ltd TPE:2890
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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SinoPac 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.

SinoPac Financial Holdings Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=38.55/4.02
=9.59

* 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.

SinoPac Financial Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, SinoPac Financial Holdings Co's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=1.315/324.0540*324.0540
=1.315

Current CPI (Dec. 2025) = 324.0540.

SinoPac Financial Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 0.628 238.132 0.855
201606 0.598 241.018 0.804
201609 0.616 241.428 0.827
201612 0.543 241.432 0.729
201703 0.640 243.801 0.851
201706 0.658 244.955 0.870
201709 0.602 246.819 0.790
201712 0.661 246.524 0.869
201803 0.640 249.554 0.831
201806 0.645 251.989 0.829
201809 0.697 252.439 0.895
201812 0.557 251.233 0.718
201903 0.770 254.202 0.982
201906 0.710 256.143 0.898
201909 0.718 256.759 0.906
201912 0.667 256.974 0.841
202003 0.698 258.115 0.876
202006 0.792 257.797 0.996
202009 0.831 260.280 1.035
202012 0.748 260.474 0.931
202103 0.915 264.877 1.119
202106 0.860 271.696 1.026
202109 0.950 274.310 1.122
202112 0.813 278.802 0.945
202203 0.974 287.504 1.098
202206 0.878 296.311 0.960
202209 1.018 296.808 1.111
202212 0.796 296.797 0.869
202303 0.976 301.836 1.048
202306 0.995 305.109 1.057
202309 1.059 307.789 1.115
202312 0.945 306.746 0.998
202403 1.227 312.332 1.273
202406 1.200 314.175 1.238
202409 1.269 315.301 1.304
202412 1.074 315.605 1.103
202503 1.377 319.799 1.395
202506 1.266 322.561 1.272
202509 1.456 324.800 1.453
202512 1.315 324.054 1.315

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 9.59 mean?
SinoPac Financial Holdings Co (TPE:2890) has a Cyclically Adjusted PS Ratio of 9.59 as of Jul. 27, 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 SinoPac Financial Holdings Co and its competitors. This is 107% above median its historical median of 4.64. Over the past decade, SinoPac Financial Holdings Co's Cyclically Adjusted PS Ratio has ranged from 3.42 to 9.86. According to the industry distribution chart, SinoPac Financial Holdings Co ranks #1253 out of 1302 companies in the Banks industry, placing it in the top 96.2%.
Is SinoPac Financial Holdings Co's Cyclically Adjusted PS Ratio too high?
SinoPac Financial Holdings Co's current Cyclically Adjusted PS Ratio of 9.59 is 107% above median its 10-year median of 4.64. Over the past 10 years, this metric has ranged from a low of 3.42 to a high of 9.86. The Banks industry median Cyclically Adjusted PS Ratio is 3.41. SinoPac Financial Holdings Co's value of 9.59 is 181.2% above this industry median. Based on the distribution chart, SinoPac Financial Holdings Co ranks #1253 out of 1302 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, SinoPac Financial Holdings Co has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SinoPac Financial Holdings Co's Cyclically Adjusted PS Ratio compare to competitors?
According to the Banks industry distribution chart, SinoPac Financial Holdings Co ranks #1253 out of 1302 companies for Cyclically Adjusted PS Ratio. This places SinoPac Financial Holdings Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.41. SinoPac Financial Holdings Co's value of 9.59 is 181.2% above this benchmark. Historically, SinoPac Financial Holdings Co's own Cyclically Adjusted PS Ratio has ranged from 3.42 to 9.86 over the past decade. While the company's 10-year median is 4.64 vs. the industry median of 3.41, SinoPac Financial Holdings 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 Banks company?
The median Cyclically Adjusted PS Ratio among Banks companies is 3.41, based on 1,302 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. SinoPac Financial Holdings Co's current Cyclically Adjusted PS Ratio of 9.59 is 181.2% 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 SinoPac Financial Holdings Co and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SinoPac Financial Holdings Co's current Cyclically Adjusted PS Ratio is 9.59, which is 107% above median its own 10-year median of 4.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SinoPac Financial Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, SinoPac Financial Holdings Co (TPE:2890) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$28.72, compared to a current price of NT$38.55 — trading 34.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 9.59, which is 107% above median its 10-year median of 4.64 and 181.2% above the Banks industry median of 3.41. SinoPac Financial Holdings Co's overall GF Score™ is 80/100 with 6 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 SinoPac Financial Holdings Co (TPE:2890), the current Cyclically Adjusted PS Ratio is 9.59 as of Jul. 27, 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 SinoPac Financial Holdings Co (TPE:2890) Overvalued in 2026?

Based on GuruFocus' analysis, SinoPac Financial Holdings Co stock appears to be overvalued. The current stock price of NT$38.55 is trading 34.2% above its estimated GF Value™ of NT$28.72. GuruFocus considers SinoPac Financial Holdings Co to be Significantly Overvalued.

Key valuation signals for TPE:2890:

  • Cyclically Adjusted PS Ratio: 9.59 (107% above median its 10-year median of 4.64)
  • GF Value™: NT$28.72 vs. price of NT$38.55 (34.2% above fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 181.2% above the Banks median (#1253 of 1302)

No single metric tells the full story. See the TPE:2890 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SinoPac Financial Holdings Co Business Description

Address No. 308, Bade Road, Section 2, 3rd Floor, 5th to 13th Floor, No. 306 and 6th Floor 1, 6th Floor 2, Zhongshan District, Taipei, TWN, 104
SinoPac Financial Holdings Co Ltd is a Taiwan-based financial holdings company. The company's business segments consist of the banking business, which includes Bank SinoPac and its subsidiaries, offering investment, insurance agent, insurance brokerage, and other services; the securities business, which includes SinoPac Securities and its subsidiaries, and offers securities dealings, investment consulting, asset management, and other services; and the other business segment, which conducts businesses through several other subsidiaries. The company generates its revenue from the banking business. The company has a business presence in Taiwan, the United States, Asia, and other countries, with Taiwan accounting for majority of its revenue.
80GF Score

Get the complete analysis for TPE:2890

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

NT$38.55
Price
NT$28.72
GF Value