Sinbon Electronics Co (TPE:3023) Cyclically Adjusted PS Ratio: 2.41 (As of Jul. 29, 2026) — 16% Below Median

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TPE:3023 Sinbon Electronics Co Ltd TPE:3023
92 GF Score
Price NT$281.50
GF Value NT$280.08
Valuation Fairly Valued
! 4 Warning Signs
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What is Sinbon Electronics Co Cyclically Adjusted PS Ratio?

Sinbon Electronics Co TPE:3023 -3.43% 92 Cyclically Adjusted PS Ratio is 2.41 as of Jul. 29, 2026, which is 16% below its 10-year median of 2.87. GuruFocus rates TPE:3023 with a GF Score™ of 92/100 and a GF Value™ of NT$280.08 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,975 Hardware companies, Sinbon Electronics Co ranks worse than 65.32% on this metric.

As of today (2026-07-29), Sinbon Electronics Co's current share price is NT$281.50. Sinbon Electronics Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$116.85. Sinbon Electronics Co's Cyclically Adjusted PS Ratio for today is 2.41.

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

TPE:3023' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.44   Med: 2.87   Max: 4.23
Current: 2.44

During the past years, Sinbon Electronics Co's highest Cyclically Adjusted PS Ratio was 4.23. The lowest was 1.44. And the median was 2.87.

TPE:3023's Cyclically Adjusted PS Ratio is ranked worse than
65.32% of 1975 companies
in the Hardware industry
Industry Median: 1.36 vs TPE:3023: 2.44

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.

Sinbon Electronics Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$34.532. 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$116.85 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sinbon Electronics Co  (TPE:3023) 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.


Sinbon Electronics Co Cyclically Adjusted PS Ratio Related Terms


Sinbon Electronics Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sinbon Electronics 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.

Sinbon Electronics Co Cyclically Adjusted PS Ratio Chart

Sinbon Electronics 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 3.82 3.22 3.13 2.49 1.70

Sinbon Electronics Co 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 2.36 1.98 2.05 1.70 2.15

TPE:3023 vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Sinbon Electronics 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.


Sinbon Electronics Co Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Sinbon Electronics Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TPE:3023
92GF Score
Sinbon Electronics Co Ltd TPE:3023
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sinbon Electronics 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=281.50/116.85
=2.41

* 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.

Sinbon Electronics Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Sinbon Electronics Co'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)
=34.532/330.2130*330.2130
=34.532

Current CPI (Mar. 2026) = 330.2130.

Sinbon Electronics Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 15.215 241.018 20.846
201609 14.389 241.428 19.681
201612 13.081 241.432 17.891
201703 14.242 243.801 19.290
201706 14.689 244.955 19.802
201709 15.191 246.819 20.324
201712 12.947 246.524 17.342
201803 15.462 249.554 20.460
201806 16.999 251.989 22.276
201809 18.939 252.439 24.774
201812 16.444 251.233 21.613
201903 17.165 254.202 22.298
201906 20.855 256.143 26.886
201909 21.575 256.759 27.747
201912 17.213 256.974 22.119
202003 19.254 258.115 24.632
202006 22.697 257.797 29.073
202009 25.375 260.280 32.193
202012 26.289 260.474 33.328
202103 25.062 264.877 31.244
202106 26.880 271.696 32.669
202109 28.085 274.310 33.809
202112 27.030 278.802 32.014
202203 29.084 287.504 33.404
202206 31.259 296.311 34.835
202209 33.989 296.808 37.814
202212 31.551 296.797 35.103
202303 34.830 301.836 38.105
202306 36.156 305.109 39.131
202309 33.931 307.789 36.403
202312 30.287 306.746 32.604
202403 33.073 312.332 34.966
202406 34.271 314.175 36.020
202409 34.729 315.301 36.371
202412 34.179 315.605 35.761
202503 33.556 319.799 34.649
202506 31.899 322.561 32.656
202509 31.157 324.800 31.676
202512 31.565 324.054 32.165
202603 34.532 330.213 34.532

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 2.41 mean?
Sinbon Electronics Co (TPE:3023) has a Cyclically Adjusted PS Ratio of 2.41 as of Jul. 29, 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 Sinbon Electronics Co and its competitors. This is 16% below median its historical median of 2.87. Over the past decade, Sinbon Electronics Co's Cyclically Adjusted PS Ratio has ranged from 1.44 to 4.23. According to the industry distribution chart, Sinbon Electronics Co ranks #1290 out of 1975 companies in the Hardware industry, placing it in the top 65.3%.
Is Sinbon Electronics Co's Cyclically Adjusted PS Ratio too high?
Sinbon Electronics Co's current Cyclically Adjusted PS Ratio of 2.41 is 16% below median its 10-year median of 2.87. Over the past 10 years, this metric has ranged from a low of 1.44 to a high of 4.23. The Hardware industry median Cyclically Adjusted PS Ratio is 1.36. Sinbon Electronics Co's value of 2.41 is 77.2% above this industry median. Based on the distribution chart, Sinbon Electronics Co ranks #1290 out of 1975 companies in the Hardware industry, which is below the industry midpoint. Overall, Sinbon Electronics Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sinbon Electronics Co's Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Sinbon Electronics Co ranks #1290 out of 1975 companies for Cyclically Adjusted PS Ratio. This places Sinbon Electronics Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.36. Sinbon Electronics Co's value of 2.41 is 77.2% above this benchmark. Historically, Sinbon Electronics Co's own Cyclically Adjusted PS Ratio has ranged from 1.44 to 4.23 over the past decade. While the company's 10-year median is 2.87 vs. the industry median of 1.36, Sinbon Electronics 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.36, based on 1,975 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. Sinbon Electronics Co's current Cyclically Adjusted PS Ratio of 2.41 is 77.2% 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 Sinbon Electronics Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinbon Electronics Co's current Cyclically Adjusted PS Ratio is 2.41, which is 16% below median its own 10-year median of 2.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinbon Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Sinbon Electronics Co (TPE:3023) is currently considered Fairly Valued. The stock's GF Value™ is NT$280.08, compared to a current price of NT$281.50 — trading 0.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.41, which is 16% below median its 10-year median of 2.87 and 77.2% above the Hardware industry median of 1.36. Sinbon Electronics Co's overall GF Score™ is 92/100 with 4 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 Sinbon Electronics Co (TPE:3023), the current Cyclically Adjusted PS Ratio is 2.41 as of Jul. 29, 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 Sinbon Electronics Co (TPE:3023) Overvalued in 2026?

Based on GuruFocus' analysis, Sinbon Electronics Co stock appears to be overvalued. The current stock price of NT$281.50 is trading 0.5% above its estimated GF Value™ of NT$280.08. GuruFocus considers Sinbon Electronics Co to be Fairly Valued.

Key valuation signals for TPE:3023:

  • Cyclically Adjusted PS Ratio: 2.41 (16% below median its 10-year median of 2.87)
  • GF Value™: NT$280.08 vs. price of NT$281.50 (0.5% above fair value)
  • GF Score™: 92/100 with 4 warning signs
  • Industry Position: 77.2% above the Hardware median (#1290 of 1975)

No single metric tells the full story. See the TPE:3023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sinbon Electronics Co Business Description

Address No. 582, Kuo-Hwa Road, Miaoli, TWN, 360
Sinbon Electronics Co Ltd is engaged in the design, development, manufacturing, and sale of cable assemblies, connectors, and related electronic components, along with integration services such as printed circuit boards and system solutions. The company has five reportable segments. The Green Energy segment, which focuses on cable assemblies and control modules for solar and wind power. The Industrial Application segment provides control and connection cable assemblies for industrial equipment. The Medical Health segment manufactures cables for medical devices. The Automotive & Aviation segment offers EV charging and automotive cable solutions. The Communication segment supplies cables for smartphones, wearables, and VR/AR devices.
92GF Score

Get the complete analysis for TPE:3023

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

NT$281.50
Price
NT$280.08
GF Value