Shin Shin Co (TPE:2901) Cyclically Adjusted PS Ratio: 11.70 (As of Jul. 25, 2026) — Near Median

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TPE:2901 Shin Shin Co Ltd TPE:2901
85 GF Score
Price NT$24.45
GF Value NT$27.47
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Shin Shin Co Cyclically Adjusted PS Ratio?

Shin Shin Co TPE:2901 +0.41% 85 Cyclically Adjusted PS Ratio is 11.70 as of Jul. 25, 2026, which is 3% above its 10-year median of 11.32. GuruFocus rates TPE:2901 with a GF Score™ of 85/100 and a GF Value™ of NT$27.47 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 793 Retail - Cyclical companies, Shin Shin Co ranks worse than 98.49% on this metric.

As of today (2026-07-25), Shin Shin Co's current share price is NT$24.45. Shin Shin Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$2.09. Shin Shin Co's Cyclically Adjusted PS Ratio for today is 11.70.

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

TPE:2901' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.28   Med: 11.32   Max: 13.62
Current: 11.51

During the past years, Shin Shin Co's highest Cyclically Adjusted PS Ratio was 13.62. The lowest was 5.28. And the median was 11.32.

TPE:2901's Cyclically Adjusted PS Ratio is ranked worse than
98.49% of 793 companies
in the Retail - Cyclical industry
Industry Median: 0.49 vs TPE:2901: 11.51

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.

Shin Shin Co's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$0.461. 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$2.09 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shin Shin Co  (TPE:2901) 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.


Shin Shin Co Cyclically Adjusted PS Ratio Related Terms


Shin Shin Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shin Shin 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.

Shin Shin Co Cyclically Adjusted PS Ratio Chart

Shin Shin 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 12.21 10.81 12.35 12.81 11.80

Shin Shin 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 12.81 12.41 12.42 12.15 11.80

TPE:2901 vs DDS, M: Cyclically Adjusted PS Ratio Comparison

For the Department Stores subindustry, Shin Shin 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.


Shin Shin Co Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shin Shin Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TPE:2901
85GF Score
Shin Shin Co Ltd TPE:2901
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shin Shin 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=24.45/2.09
=11.70

* 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.

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

For example, Shin Shin 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)
=0.461/324.0540*324.0540
=0.461

Current CPI (Dec. 2025) = 324.0540.

Shin Shin Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 0.445 238.132 0.606
201606 0.413 241.018 0.555
201609 0.666 241.428 0.894
201612 0.490 241.432 0.658
201703 0.458 243.801 0.609
201706 0.481 244.955 0.636
201709 0.654 246.819 0.859
201712 0.464 246.524 0.610
201803 0.446 249.554 0.579
201806 0.379 251.989 0.487
201809 0.582 252.439 0.747
201812 0.499 251.233 0.644
201903 0.439 254.202 0.560
201906 0.447 256.143 0.566
201909 0.452 256.759 0.570
201912 0.553 256.974 0.697
202003 0.387 258.115 0.486
202006 0.336 257.797 0.422
202009 0.348 260.280 0.433
202012 0.398 260.474 0.495
202103 0.348 264.877 0.426
202106 0.255 271.696 0.304
202109 0.227 274.310 0.268
202112 0.421 278.802 0.489
202203 0.422 287.504 0.476
202206 0.383 296.311 0.419
202209 0.370 296.808 0.404
202212 0.391 296.797 0.427
202303 0.420 301.836 0.451
202306 0.447 305.109 0.475
202309 0.458 307.789 0.482
202312 0.480 306.746 0.507
202403 0.470 312.332 0.488
202406 0.432 314.175 0.446
202409 0.469 315.301 0.482
202412 0.450 315.605 0.462
202503 0.423 319.799 0.429
202506 0.448 322.561 0.450
202509 0.439 324.800 0.438
202512 0.461 324.054 0.461

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 11.70 mean?
Shin Shin Co (TPE:2901) has a Cyclically Adjusted PS Ratio of 11.70 as of Jul. 25, 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 Shin Shin Co and its competitors. This is near median its historical median of 11.32. Over the past decade, Shin Shin Co's Cyclically Adjusted PS Ratio has ranged from 5.28 to 13.62. According to the industry distribution chart, Shin Shin Co ranks #781 out of 793 companies in the Retail - Cyclical industry, placing it in the top 98.5%.
Is Shin Shin Co's Cyclically Adjusted PS Ratio too high?
Shin Shin Co's current Cyclically Adjusted PS Ratio of 11.70 is near median its 10-year median of 11.32. Over the past 10 years, this metric has ranged from a low of 5.28 to a high of 13.62. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.49. Shin Shin Co's value of 11.70 is 2287.8% above this industry median. Based on the distribution chart, Shin Shin Co ranks #781 out of 793 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Shin Shin Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shin Shin Co's Cyclically Adjusted PS Ratio compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Shin Shin Co ranks #781 out of 793 companies for Cyclically Adjusted PS Ratio. This places Shin Shin Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.49. Shin Shin Co's value of 11.70 is 2287.8% above this benchmark. Historically, Shin Shin Co's own Cyclically Adjusted PS Ratio has ranged from 5.28 to 13.62 over the past decade. While the company's 10-year median is 11.32 vs. the industry median of 0.49, Shin Shin 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 Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.49, based on 793 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. Shin Shin Co's current Cyclically Adjusted PS Ratio of 11.70 is 2287.8% 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 Shin Shin Co and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin Shin Co's current Cyclically Adjusted PS Ratio is 11.70, which is near median its own 10-year median of 11.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Shin Co stock overvalued right now?
Based on GuruFocus' analysis, Shin Shin Co (TPE:2901) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$27.47, compared to a current price of NT$24.45 — trading 11% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 11.70, which is near median its 10-year median of 11.32 and 2287.8% above the Retail - Cyclical industry median of 0.49. Shin Shin Co's overall GF Score™ is 85/100 with 3 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 Shin Shin Co (TPE:2901), the current Cyclically Adjusted PS Ratio is 11.70 as of Jul. 25, 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 Shin Shin Co (TPE:2901) Overvalued in 2026?

Based on GuruFocus' analysis, Shin Shin Co stock appears to be undervalued. The current stock price of NT$24.45 is trading 11% below its estimated GF Value™ of NT$27.47. GuruFocus considers Shin Shin Co to be Modestly Undervalued.

Key valuation signals for TPE:2901:

  • Cyclically Adjusted PS Ratio: 11.70 (near median its 10-year median of 11.32)
  • GF Value™: NT$27.47 vs. price of NT$24.45 (11% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 2287.8% above the Retail - Cyclical median (#781 of 793)

No single metric tells the full story. See the TPE:2901 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin Shin Co Business Description

Address No. 247, Linsen N. Road, Zhongshan District, Taipei, TWN
Shin Shin Co Ltd is engaged in business operations including supermarkets, department store retailing, cinemas, parking lots, and property leasing. Maximum of its revenue is generated from Department store.
85GF Score

Get the complete analysis for TPE:2901

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

NT$24.45
Price
NT$27.47
GF Value