O-Bank Co (TPE:2897) Cyclically Adjusted PS Ratio: 2.68 (As of Jul. 23, 2026) — Near Median

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TPE:2897 O-Bank Co Ltd TPE:2897
59 GF Score
Price NT$10.05
GF Value NT$11.03
Valuation Fairly Valued
! 5 Warning Signs
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What is O-Bank Co Cyclically Adjusted PS Ratio?

O-Bank Co TPE:2897 -4.29% 59 Cyclically Adjusted PS Ratio is 2.68 as of Jul. 23, 2026, which is 2% above its 10-year median of 2.64. GuruFocus rates TPE:2897 with a GF Score™ of 59/100 and a GF Value™ of NT$11.03 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,299 Banks companies, O-Bank Co ranks better than 62.28% on this metric.

As of today (2026-07-23), O-Bank Co's current share price is NT$10.05. O-Bank Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$3.75. O-Bank Co's Cyclically Adjusted PS Ratio for today is 2.68.

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

TPE:2897' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.19   Med: 2.64   Max: 3.02
Current: 2.77

During the past years, O-Bank Co's highest Cyclically Adjusted PS Ratio was 3.02. The lowest was 2.19. And the median was 2.64.

TPE:2897's Cyclically Adjusted PS Ratio is ranked better than
62.28% of 1299 companies
in the Banks industry
Industry Median: 3.38 vs TPE:2897: 2.77

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.

O-Bank Co's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$0.807. 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$3.75 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


O-Bank Co  (TPE:2897) 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.


O-Bank Co Cyclically Adjusted PS Ratio Related Terms


O-Bank Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for O-Bank 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.

O-Bank Co Cyclically Adjusted PS Ratio Chart

O-Bank 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 2.32 2.35 2.75 2.68 2.43

O-Bank 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 2.68 2.65 2.46 2.39 2.43

TPE:2897 vs PNC, USB: Cyclically Adjusted PS Ratio Comparison

For the Banks - Regional subindustry, O-Bank 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.


O-Bank Co Cyclically Adjusted PS Ratio vs Banks Industry

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

* The bar in red indicates where O-Bank Co's Cyclically Adjusted PS Ratio falls into.


TPE:2897
59GF Score
O-Bank Co Ltd TPE:2897
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

O-Bank 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.

O-Bank Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.05/3.75
=2.68

* 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.

O-Bank Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, O-Bank 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)
=0.807/324.0540*324.0540
=0.807

Current CPI (Dec. 2025) = 324.0540.

O-Bank Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 0.869 238.132 1.183
201606 0.725 241.018 0.975
201609 0.792 241.428 1.063
201612 0.774 241.432 1.039
201703 0.758 243.801 1.008
201706 0.801 244.955 1.060
201709 0.829 246.819 1.088
201712 0.790 246.524 1.038
201803 0.733 249.554 0.952
201806 0.854 251.989 1.098
201809 0.798 252.439 1.024
201812 0.794 251.233 1.024
201903 0.911 254.202 1.161
201906 0.831 256.143 1.051
201909 0.822 256.759 1.037
201912 0.752 256.974 0.948
202003 0.693 258.115 0.870
202006 0.815 257.797 1.024
202009 0.772 260.280 0.961
202012 0.676 260.474 0.841
202103 0.739 264.877 0.904
202106 0.869 271.696 1.036
202109 0.739 274.310 0.873
202112 0.714 278.802 0.830
202203 0.718 287.504 0.809
202206 0.713 296.311 0.780
202209 0.864 296.808 0.943
202212 0.607 296.797 0.663
202303 0.825 301.836 0.886
202306 0.730 305.109 0.775
202309 0.769 307.789 0.810
202312 0.859 306.746 0.907
202403 0.973 312.332 1.010
202406 0.731 314.175 0.754
202409 0.864 315.301 0.888
202412 0.657 315.605 0.675
202503 0.795 319.799 0.806
202506 0.976 322.561 0.981
202509 0.958 324.800 0.956
202512 0.807 324.054 0.807

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 2.68 mean?
O-Bank Co (TPE:2897) has a Cyclically Adjusted PS Ratio of 2.68 as of Jul. 23, 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 O-Bank Co and its competitors. This is near median its historical median of 2.64. Over the past decade, O-Bank Co's Cyclically Adjusted PS Ratio has ranged from 2.19 to 3.02. According to the industry distribution chart, O-Bank Co ranks #490 out of 1299 companies in the Banks industry, placing it in the top 37.7%.
Is O-Bank Co's Cyclically Adjusted PS Ratio too high?
O-Bank Co's current Cyclically Adjusted PS Ratio of 2.68 is near median its 10-year median of 2.64. Over the past 10 years, this metric has ranged from a low of 2.19 to a high of 3.02. The Banks industry median Cyclically Adjusted PS Ratio is 3.38. O-Bank Co's value of 2.68 is 20.7% below this industry median. Based on the distribution chart, O-Bank Co ranks #490 out of 1299 companies in the Banks industry, which is above the industry midpoint. Overall, O-Bank Co has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does O-Bank Co's Cyclically Adjusted PS Ratio compare to PNC and USB?
According to the Banks industry distribution chart, O-Bank Co ranks #490 out of 1299 companies for Cyclically Adjusted PS Ratio. This puts O-Bank Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.38. O-Bank Co's value of 2.68 is 20.7% below this benchmark. Historically, O-Bank Co's own Cyclically Adjusted PS Ratio has ranged from 2.19 to 3.02 over the past decade. While the company's 10-year median is 2.64 vs. the industry median of 3.38, O-Bank Co has consistently been below 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 3.38, based on 1,299 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. O-Bank Co's current Cyclically Adjusted PS Ratio of 2.68 is 20.7% below 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 O-Bank Co and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. O-Bank Co's current Cyclically Adjusted PS Ratio is 2.68, which is near median its own 10-year median of 2.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is O-Bank Co stock overvalued right now?
Based on GuruFocus' analysis, O-Bank Co (TPE:2897) is currently considered Fairly Valued. The stock's GF Value™ is NT$11.03, compared to a current price of NT$10.05 — trading 8.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.68, which is near median its 10-year median of 2.64 and 20.7% below the Banks industry median of 3.38. O-Bank Co's overall GF Score™ is 59/100 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 O-Bank Co (TPE:2897), the current Cyclically Adjusted PS Ratio is 2.68 as of Jul. 23, 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 O-Bank Co (TPE:2897) Overvalued in 2026?

Based on GuruFocus' analysis, O-Bank Co stock appears to be undervalued. The current stock price of NT$10.05 is trading 8.9% below its estimated GF Value™ of NT$11.03. GuruFocus considers O-Bank Co to be Fairly Valued.

Key valuation signals for TPE:2897:

  • Cyclically Adjusted PS Ratio: 2.68 (near median its 10-year median of 2.64)
  • GF Value™: NT$11.03 vs. price of NT$10.05 (8.9% below fair value)
  • GF Score™: 59/100 with 5 warning signs
  • Industry Position: 20.7% below the Banks median (#490 of 1299)

No single metric tells the full story. See the TPE:2897 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


O-Bank Co Business Description

Address No.99, Sec.2, Tiding Boulevard, Neihu District, Taipei, TWN, 114
O-Bank Co Ltd is a banking company. The bank's financial services include banking, trade finance, financial markets, securitization, and trusts. Its Products include medium and long-term loans, syndicated loans, cash management, factoring business, trade finance, interest rate and exchange rate structured products, trusts, and securitization. Retail banking services include loans and deposits, investment management, and mobile banking services including opening accounts and transacting online.
59GF Score

Get the complete analysis for TPE:2897

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

NT$10.05
Price
NT$11.03
GF Value