WPG Holding Co (TPE:3702) Cyclically Adjusted PS Ratio: 0.24 (As of Jul. 22, 2026) — 71% Above Median

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TPE:3702 WPG Holding Co Ltd TPE:3702
82 GF Score
Price NT$111.50
GF Value NT$97.46
Valuation Modestly Overvalued
! 9 Warning Signs
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What is WPG Holding Co Cyclically Adjusted PS Ratio?

WPG Holding Co TPE:3702 +4.69% 82 Cyclically Adjusted PS Ratio is 0.24 as of Jul. 22, 2026, which is 71% above its 10-year median of 0.14. GuruFocus rates TPE:3702 with a GF Score™ of 82/100 and a GF Value™ of NT$97.46 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,976 Hardware companies, WPG Holding Co ranks better than 88.26% on this metric.

As of today (2026-07-22), WPG Holding Co's current share price is NT$111.50. WPG Holding Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$460.07. WPG Holding Co's Cyclically Adjusted PS Ratio for today is 0.24.

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

TPE:3702' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.14   Max: 0.26
Current: 0.24

During the past years, WPG Holding Co's highest Cyclically Adjusted PS Ratio was 0.26. The lowest was 0.11. And the median was 0.14.

TPE:3702's Cyclically Adjusted PS Ratio is ranked better than
88.26% of 1976 companies
in the Hardware industry
Industry Median: 1.37 vs TPE:3702: 0.24

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.

WPG Holding Co's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$145.504. 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$460.07 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


WPG Holding Co  (TPE:3702) 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.


WPG Holding Co Cyclically Adjusted PS Ratio Related Terms


WPG Holding Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for WPG Holding 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.

WPG Holding Co Cyclically Adjusted PS Ratio Chart

WPG Holding 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 0.15 0.12 0.20 0.16 0.13

WPG Holding 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 0.16 0.14 0.16 0.14 0.13

TPE:3702 vs SNX, ARW, AVT: Cyclically Adjusted PS Ratio Comparison

For the Electronics & Computer Distribution subindustry, WPG Holding 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.


WPG Holding Co Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TPE:3702
82GF Score
WPG Holding Co Ltd TPE:3702
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WPG Holding 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=111.50/460.07
=0.24

* 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.

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

For example, WPG Holding 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)
=145.504/324.0540*324.0540
=145.504

Current CPI (Dec. 2025) = 324.0540.

WPG Holding Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 72.767 238.132 99.023
201606 81.450 241.018 109.511
201609 85.291 241.428 114.481
201612 82.928 241.432 111.307
201703 70.823 243.801 94.136
201706 77.149 244.955 102.061
201709 80.356 246.819 105.501
201712 75.820 246.524 99.665
201803 67.593 249.554 87.772
201806 76.603 251.989 98.510
201809 86.712 252.439 111.312
201812 78.454 251.233 101.194
201903 66.578 254.202 84.873
201906 76.926 256.143 97.321
201909 83.636 256.759 105.556
201912 86.767 256.974 109.416
202003 77.998 258.115 97.924
202006 84.076 257.797 105.685
202009 100.920 260.280 125.647
202012 94.610 260.474 117.704
202103 105.416 264.877 128.967
202106 104.267 271.696 124.360
202109 120.425 274.310 142.263
202112 118.468 278.802 137.696
202203 124.874 287.504 140.749
202206 102.383 296.311 111.969
202209 112.717 296.808 123.064
202212 104.872 296.797 114.503
202303 86.142 301.836 92.483
202306 77.090 305.109 81.877
202309 111.798 307.789 117.706
202312 108.982 306.746 115.131
202403 108.316 312.332 112.381
202406 123.863 314.175 127.758
202409 154.777 315.301 159.074
202412 134.945 315.605 138.558
202503 148.199 319.799 150.171
202506 116.880 322.561 117.421
202509 140.764 324.800 140.441
202512 145.504 324.054 145.504

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 0.24 mean?
WPG Holding Co (TPE:3702) has a Cyclically Adjusted PS Ratio of 0.24 as of Jul. 22, 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 WPG Holding Co and its competitors. This is 71% above median its historical median of 0.14. Over the past decade, WPG Holding Co's Cyclically Adjusted PS Ratio has ranged from 0.11 to 0.26. According to the industry distribution chart, WPG Holding Co ranks #232 out of 1976 companies in the Hardware industry, placing it in the top 11.7%.
Is WPG Holding Co's Cyclically Adjusted PS Ratio too high?
WPG Holding Co's current Cyclically Adjusted PS Ratio of 0.24 is 71% above median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.26. The Hardware industry median Cyclically Adjusted PS Ratio is 1.37. WPG Holding Co's value of 0.24 is 82.5% below this industry median. Based on the distribution chart, WPG Holding Co ranks #232 out of 1976 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, WPG Holding Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WPG Holding Co's Cyclically Adjusted PS Ratio compare to SNX and ARW?
According to the Hardware industry distribution chart, WPG Holding Co ranks #232 out of 1976 companies for Cyclically Adjusted PS Ratio. This places WPG Holding Co in the top 12% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.37. WPG Holding Co's value of 0.24 is 82.5% below this benchmark. Historically, WPG Holding Co's own Cyclically Adjusted PS Ratio has ranged from 0.11 to 0.26 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 1.37, WPG Holding 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 1.37, 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. WPG Holding Co's current Cyclically Adjusted PS Ratio of 0.24 is 82.5% 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 WPG Holding Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WPG Holding Co's current Cyclically Adjusted PS Ratio is 0.24, which is 71% above median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WPG Holding Co stock overvalued right now?
Based on GuruFocus' analysis, WPG Holding Co (TPE:3702) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$97.46, compared to a current price of NT$111.50 — trading 14.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.24, which is 71% above median its 10-year median of 0.14 and 82.5% below the Hardware industry median of 1.37. WPG Holding Co's overall GF Score™ is 82/100 with 9 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 WPG Holding Co (TPE:3702), the current Cyclically Adjusted PS Ratio is 0.24 as of Jul. 22, 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 WPG Holding Co (TPE:3702) Overvalued in 2026?

Based on GuruFocus' analysis, WPG Holding Co stock appears to be overvalued. The current stock price of NT$111.50 is trading 14.4% above its estimated GF Value™ of NT$97.46. GuruFocus considers WPG Holding Co to be Modestly Overvalued.

Key valuation signals for TPE:3702:

  • Cyclically Adjusted PS Ratio: 0.24 (71% above median its 10-year median of 0.14)
  • GF Value™: NT$97.46 vs. price of NT$111.50 (14.4% above fair value)
  • GF Score™: 82/100 with 9 warning signs
  • Industry Position: 82.5% below the Hardware median (#232 of 1976)

No single metric tells the full story. See the TPE:3702 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WPG Holding Co Business Description

Address Jingmao 2nd Road, 22nd Floor, No. 189, Nangang District, Taipei, TWN, 11568
WPG Holding Co Ltd is a world-wide semiconductor components distributor rooted in the Asia-Pacific region. The company engaged in the distribution and sales of electronic/electrical components, sales of computer software, and electrical products and sales of electronic/electrical products. The products include CPU, analog IC, discrete IC, logic IC, DRAM, Flash, optical component, etc.
82GF Score

Get the complete analysis for TPE:3702

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

NT$111.50
Price
NT$97.46
GF Value