Sinbon Electronics Co (TPE:3023) Cyclically Adjusted PS Ratio: (As of Aug. 17, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:3023 Sinbon Electronics Co Ltd TPE:3023
91 GF Score
Price NT$310.50
GF Value NT$282.71
Valuation Fairly Valued
! 9 Warning Signs
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What is Sinbon Electronics Co Cyclically Adjusted PS Ratio?

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
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.98 2.05 1.70 2.15 0.00

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
91GF 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 Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Sinbon Electronics Co's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=37.535/333.9520*333.9520
=37.535

Current CPI (Jun. 2026) = 333.9520.

Sinbon Electronics Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 14.389 241.428 19.903
201612 13.081 241.432 18.094
201703 14.242 243.801 19.508
201706 14.689 244.955 20.026
201709 15.191 246.819 20.554
201712 12.947 246.524 17.539
201803 15.462 249.554 20.691
201806 16.999 251.989 22.528
201809 18.939 252.439 25.054
201812 16.444 251.233 21.858
201903 17.165 254.202 22.550
201906 20.855 256.143 27.190
201909 21.575 256.759 28.061
201912 17.213 256.974 22.369
202003 19.254 258.115 24.911
202006 22.697 257.797 29.402
202009 25.375 260.280 32.557
202012 26.289 260.474 33.705
202103 25.062 264.877 31.598
202106 26.880 271.696 33.039
202109 28.085 274.310 34.191
202112 27.030 278.802 32.377
202203 29.084 287.504 33.783
202206 31.259 296.311 35.230
202209 33.989 296.808 38.243
202212 31.551 296.797 35.501
202303 34.830 301.836 38.536
202306 36.156 305.109 39.574
202309 33.931 307.789 36.815
202312 30.287 306.746 32.973
202403 33.073 312.332 35.362
202406 34.271 314.175 36.428
202409 34.729 315.301 36.783
202412 34.179 315.605 36.166
202503 33.556 319.799 35.041
202506 32.224 322.561 33.362
202509 31.157 324.800 32.035
202512 31.565 324.054 32.529
202603 34.532 330.213 34.923
202606 37.535 333.952 37.535

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.

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$310.50 is trading 9.8% above its estimated GF Value™ of NT$282.71. GuruFocus considers Sinbon Electronics Co to be Fairly Valued.

Key valuation signals for TPE:3023:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: NT$282.71 vs. price of NT$310.50 (9.8% above fair value)
  • GF Score™: 91/100 with 9 warning signs

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.
91GF 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$310.50
Price
NT$282.71
GF Value