Prime Oil Chemical Service (TPE:2904) Cyclically Adjusted PS Ratio: 1.61 (As of Aug. 14, 2026) — 33% Below Median

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TPE:2904 Prime Oil Chemical Service Corp TPE:2904
71 GF Score
Price NT$12.75
GF Value NT$17.00
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Prime Oil Chemical Service Cyclically Adjusted PS Ratio?

Prime Oil Chemical Service TPE:2904 -0.78% 71 Cyclically Adjusted PS Ratio is 1.61 as of Aug. 14, 2026, which is 33% below its 10-year median of 2.41. GuruFocus rates TPE:2904 with a GF Score™ of 71/100 and a GF Value™ of NT$17.00 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 716 Oil & Gas companies, Prime Oil Chemical Service ranks worse than 62.99% on this metric.

As of today (2026-08-14), Prime Oil Chemical Service's current share price is NT$12.75. Prime Oil Chemical Service's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$7.94. Prime Oil Chemical Service's Cyclically Adjusted PS Ratio for today is 1.61.

The historical rank and industry rank for Prime Oil Chemical Service's Cyclically Adjusted PS Ratio or its related term are showing as below:

TPE:2904' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.66   Med: 2.41   Max: 3.9
Current: 1.66

During the past years, Prime Oil Chemical Service's highest Cyclically Adjusted PS Ratio was 3.90. The lowest was 1.66. And the median was 2.41.

TPE:2904's Cyclically Adjusted PS Ratio is ranked worse than
62.99% of 716 companies
in the Oil & Gas industry
Industry Median: 1.06 vs TPE:2904: 1.66

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.

Prime Oil Chemical Service's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$1.289. 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$7.94 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prime Oil Chemical Service  (TPE:2904) 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.


Prime Oil Chemical Service Cyclically Adjusted PS Ratio Related Terms


Prime Oil Chemical Service Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Prime Oil Chemical Service'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.

Prime Oil Chemical Service Cyclically Adjusted PS Ratio Chart

Prime Oil Chemical Service 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 3.04 2.37 2.30 2.19 2.15

Prime Oil Chemical Service 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 2.27 2.26 2.18 2.15 2.11

TPE:2904 vs SLB, BKR, FTI: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Prime Oil Chemical Service'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.


Prime Oil Chemical Service Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Prime Oil Chemical Service's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Prime Oil Chemical Service's Cyclically Adjusted PS Ratio falls into.


TPE:2904
71GF Score
Prime Oil Chemical Service Corp TPE:2904
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Prime Oil Chemical Service 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.

Prime Oil Chemical Service's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.75/7.94
=1.61

* 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.

Prime Oil Chemical Service's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Prime Oil Chemical Service'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)
=1.289/330.2130*330.2130
=1.289

Current CPI (Mar. 2026) = 330.2130.

Prime Oil Chemical Service Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.706 241.018 2.337
201609 1.742 241.428 2.383
201612 1.750 241.432 2.394
201703 1.484 243.801 2.010
201706 1.543 244.955 2.080
201709 1.660 246.819 2.221
201712 1.608 246.524 2.154
201803 1.436 249.554 1.900
201806 1.741 251.989 2.281
201809 1.804 252.439 2.360
201812 1.726 251.233 2.269
201903 1.801 254.202 2.340
201906 1.833 256.143 2.363
201909 1.848 256.759 2.377
201912 1.690 256.974 2.172
202003 1.658 258.115 2.121
202006 2.081 257.797 2.666
202009 1.947 260.280 2.470
202012 2.001 260.474 2.537
202103 1.892 264.877 2.359
202106 1.732 271.696 2.105
202109 1.720 274.310 2.071
202112 1.353 278.802 1.602
202203 1.559 287.504 1.791
202206 1.892 296.311 2.108
202209 1.806 296.808 2.009
202212 1.454 296.797 1.618
202303 1.560 301.836 1.707
202306 1.392 305.109 1.507
202309 1.377 307.789 1.477
202312 1.333 306.746 1.435
202403 1.466 312.332 1.550
202406 1.659 314.175 1.744
202409 1.619 315.301 1.696
202412 1.598 315.605 1.672
202503 1.568 319.799 1.619
202506 1.681 322.561 1.721
202509 1.560 324.800 1.586
202512 1.258 324.054 1.282
202603 1.289 330.213 1.289

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 1.61 mean?
Prime Oil Chemical Service (TPE:2904) has a Cyclically Adjusted PS Ratio of 1.61 as of Aug. 14, 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 Prime Oil Chemical Service and its competitors. This is 33% below median its historical median of 2.41. Over the past decade, Prime Oil Chemical Service's Cyclically Adjusted PS Ratio has ranged from 1.66 to 3.90. According to the industry distribution chart, Prime Oil Chemical Service ranks #451 out of 716 companies in the Oil & Gas industry, placing it in the top 63%.
Is Prime Oil Chemical Service's Cyclically Adjusted PS Ratio too high?
Prime Oil Chemical Service's current Cyclically Adjusted PS Ratio of 1.61 is 33% below median its 10-year median of 2.41. Over the past 10 years, this metric has ranged from a low of 1.66 to a high of 3.90. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.06. Prime Oil Chemical Service's value of 1.61 is 51.9% above this industry median. Based on the distribution chart, Prime Oil Chemical Service ranks #451 out of 716 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Prime Oil Chemical Service has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Prime Oil Chemical Service's Cyclically Adjusted PS Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Prime Oil Chemical Service ranks #451 out of 716 companies for Cyclically Adjusted PS Ratio. This places Prime Oil Chemical Service in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.06. Prime Oil Chemical Service's value of 1.61 is 51.9% above this benchmark. Historically, Prime Oil Chemical Service's own Cyclically Adjusted PS Ratio has ranged from 1.66 to 3.90 over the past decade. While the company's 10-year median is 2.41 vs. the industry median of 1.06, Prime Oil Chemical Service 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 an Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.06, based on 716 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. Prime Oil Chemical Service's current Cyclically Adjusted PS Ratio of 1.61 is 51.9% 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 Prime Oil Chemical Service and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prime Oil Chemical Service's current Cyclically Adjusted PS Ratio is 1.61, which is 33% below median its own 10-year median of 2.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prime Oil Chemical Service stock overvalued right now?
Based on GuruFocus' analysis, Prime Oil Chemical Service (TPE:2904) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$17.00, compared to a current price of NT$12.75 — trading 25% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.61, which is 33% below median its 10-year median of 2.41 and 51.9% above the Oil & Gas industry median of 1.06. Prime Oil Chemical Service's overall GF Score™ is 71/100 with 7 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 Prime Oil Chemical Service (TPE:2904), the current Cyclically Adjusted PS Ratio is 1.61 as of Aug. 14, 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 Prime Oil Chemical Service (TPE:2904) Overvalued in 2026?

Based on GuruFocus' analysis, Prime Oil Chemical Service stock appears to be undervalued. The current stock price of NT$12.75 is trading 25% below its estimated GF Value™ of NT$17.00. GuruFocus considers Prime Oil Chemical Service to be Modestly Undervalued.

Key valuation signals for TPE:2904:

  • Cyclically Adjusted PS Ratio: 1.61 (33% below median its 10-year median of 2.41)
  • GF Value™: NT$17.00 vs. price of NT$12.75 (25% below fair value)
  • GF Score™: 71/100 with 7 warning signs
  • Industry Position: 51.9% above the Oil & Gas median (#451 of 716)

No single metric tells the full story. See the TPE:2904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Prime Oil Chemical Service Business Description

Industry EnergyOil & Gas
Address No. 131, Minsheng East Road, 5th Floor, Section 3, Taipei, TWN
Prime Oil Chemical Service Corp is engaged in providing tank terminal services for oil and petrochemical storage, and the energy division. The firm also offers port facilities and ancillary equipment. The Company is engaged in chemical, oil tank storage and delivery services, and solar power generation business.
71GF Score

Get the complete analysis for TPE:2904

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

NT$12.75
Price
NT$17.00
GF Value