Ji-Haw Industrial Co (TPE:3011) Cyclically Adjusted PS Ratio: 0.80 (As of Jul. 31, 2026) — 13% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:3011 Ji-Haw Industrial Co Ltd TPE:3011
57 GF Score
Price NT$11.30
GF Value NT$14.26
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Ji-Haw Industrial Co Cyclically Adjusted PS Ratio?

Ji-Haw Industrial Co TPE:3011 -2.16% 57 Cyclically Adjusted PS Ratio is 0.80 as of Jul. 31, 2026, which is 13% below its 10-year median of 0.92. GuruFocus rates TPE:3011 with a GF Score™ of 57/100 and a GF Value™ of NT$14.26 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,976 Hardware companies, Ji-Haw Industrial Co ranks better than 61.74% on this metric.

As of today (2026-07-31), Ji-Haw Industrial Co's current share price is NT$11.30. Ji-Haw Industrial Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$14.08. Ji-Haw Industrial Co's Cyclically Adjusted PS Ratio for today is 0.80.

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

TPE:3011' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.92   Max: 2.2
Current: 0.86

During the past years, Ji-Haw Industrial Co's highest Cyclically Adjusted PS Ratio was 2.20. The lowest was 0.22. And the median was 0.92.

TPE:3011's Cyclically Adjusted PS Ratio is ranked better than
61.74% of 1976 companies
in the Hardware industry
Industry Median: 1.34 vs TPE:3011: 0.86

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.

Ji-Haw Industrial Co's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$1.304. 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$14.08 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ji-Haw Industrial Co  (TPE:3011) 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.


Ji-Haw Industrial Co Cyclically Adjusted PS Ratio Related Terms


Ji-Haw Industrial Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ji-Haw Industrial 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.

Ji-Haw Industrial Co Cyclically Adjusted PS Ratio Chart

Ji-Haw Industrial 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 0.63 0.99 2.10 1.43 1.07

Ji-Haw Industrial 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 1.43 1.01 0.79 1.03 1.07

TPE:3011 vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Ji-Haw Industrial 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.


Ji-Haw Industrial Co Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Ji-Haw Industrial Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ji-Haw Industrial Co's Cyclically Adjusted PS Ratio falls into.


TPE:3011
57GF Score
Ji-Haw Industrial Co Ltd TPE:3011
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ji-Haw Industrial 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.

Ji-Haw Industrial Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.30/14.08
=0.80

* 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.

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

For example, Ji-Haw Industrial 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)
=1.304/324.0540*324.0540
=1.304

Current CPI (Dec. 2025) = 324.0540.

Ji-Haw Industrial Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 4.519 238.132 6.150
201606 5.318 241.018 7.150
201609 3.150 241.428 4.228
201612 2.613 241.432 3.507
201703 2.210 243.801 2.937
201706 2.445 244.955 3.235
201709 2.616 246.819 3.435
201712 2.528 246.524 3.323
201803 2.450 249.554 3.181
201806 3.031 251.989 3.898
201809 4.867 252.439 6.248
201812 3.609 251.233 4.655
201903 2.925 254.202 3.729
201906 2.776 256.143 3.512
201909 3.295 256.759 4.159
201912 2.945 256.974 3.714
202003 2.343 258.115 2.942
202006 3.437 257.797 4.320
202009 2.558 260.280 3.185
202012 2.650 260.474 3.297
202103 2.699 264.877 3.302
202106 3.633 271.696 4.333
202109 3.814 274.310 4.506
202112 4.086 278.802 4.749
202203 3.720 287.504 4.193
202206 3.474 296.311 3.799
202209 4.017 296.808 4.386
202212 2.466 296.797 2.692
202303 2.385 301.836 2.561
202306 2.685 305.109 2.852
202309 2.657 307.789 2.797
202312 2.436 306.746 2.573
202403 2.344 312.332 2.432
202406 2.502 314.175 2.581
202409 2.959 315.301 3.041
202412 2.418 315.605 2.483
202503 2.053 319.799 2.080
202506 1.816 322.561 1.824
202509 1.479 324.800 1.476
202512 1.304 324.054 1.304

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 0.80 mean?
Ji-Haw Industrial Co (TPE:3011) has a Cyclically Adjusted PS Ratio of 0.80 as of Jul. 31, 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 Ji-Haw Industrial Co and its competitors. This is 13% below median its historical median of 0.92. Over the past decade, Ji-Haw Industrial Co's Cyclically Adjusted PS Ratio has ranged from 0.22 to 2.20. According to the industry distribution chart, Ji-Haw Industrial Co ranks #756 out of 1976 companies in the Hardware industry, placing it in the top 38.3%.
Is Ji-Haw Industrial Co's Cyclically Adjusted PS Ratio too high?
Ji-Haw Industrial Co's current Cyclically Adjusted PS Ratio of 0.80 is 13% below median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 2.20. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. Ji-Haw Industrial Co's value of 0.80 is 40.3% below this industry median. Based on the distribution chart, Ji-Haw Industrial Co ranks #756 out of 1976 companies in the Hardware industry, which is above the industry midpoint. Overall, Ji-Haw Industrial Co has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ji-Haw Industrial Co's Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Ji-Haw Industrial Co ranks #756 out of 1976 companies for Cyclically Adjusted PS Ratio. This puts Ji-Haw Industrial Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Ji-Haw Industrial Co's value of 0.80 is 40.3% below this benchmark. Historically, Ji-Haw Industrial Co's own Cyclically Adjusted PS Ratio has ranged from 0.22 to 2.20 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 1.34, Ji-Haw Industrial 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.34, based on 1,976 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. Ji-Haw Industrial Co's current Cyclically Adjusted PS Ratio of 0.80 is 40.3% 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 Ji-Haw Industrial Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ji-Haw Industrial Co's current Cyclically Adjusted PS Ratio is 0.80, which is 13% below median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ji-Haw Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Ji-Haw Industrial Co (TPE:3011) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$14.26, compared to a current price of NT$11.30 — trading 20.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.80, which is 13% below median its 10-year median of 0.92 and 40.3% below the Hardware industry median of 1.34. Ji-Haw Industrial Co's overall GF Score™ is 57/100 with 8 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 Ji-Haw Industrial Co (TPE:3011), the current Cyclically Adjusted PS Ratio is 0.80 as of Jul. 31, 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 Ji-Haw Industrial Co (TPE:3011) Overvalued in 2026?

Based on GuruFocus' analysis, Ji-Haw Industrial Co stock appears to be undervalued. The current stock price of NT$11.30 is trading 20.8% below its estimated GF Value™ of NT$14.26. GuruFocus considers Ji-Haw Industrial Co to be Modestly Undervalued.

Key valuation signals for TPE:3011:

  • Cyclically Adjusted PS Ratio: 0.80 (13% below median its 10-year median of 0.92)
  • GF Value™: NT$14.26 vs. price of NT$11.30 (20.8% below fair value)
  • GF Score™: 57/100 with 8 warning signs
  • Industry Position: 40.3% below the Hardware median (#756 of 1976)

No single metric tells the full story. See the TPE:3011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ji-Haw Industrial Co Business Description

Address No. 53, Baoxing Road, Xindian District, New Taipei, TWN, 23145
Ji-Haw Industrial Co Ltd is a Taiwan-based electronic components manufacturing company. The company is engaged in the sale and manufacturing of precision electric ports and sockets, connectors, electric wires and cables, electronics components, and other industrial and commercial services. Its reportable segments are Connection cables and Others.
57GF Score

Get the complete analysis for TPE:3011

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

NT$11.30
Price
NT$14.26
GF Value