Jinan Acetate Chemical Co (TPE:4763) Cyclically Adjusted PS Ratio: 7.99 (As of Jul. 23, 2026) — 51% 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:4763 Jinan Acetate Chemical Co Ltd TPE:4763
91 GF Score
Price NT$49.75
GF Value NT$114.35
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Jinan Acetate Chemical Co Cyclically Adjusted PS Ratio?

Jinan Acetate Chemical Co TPE:4763 -1.09% 91 Cyclically Adjusted PS Ratio is 7.99 as of Jul. 23, 2026, which is 51% below its 10-year median of 16.24. GuruFocus rates TPE:4763 with a GF Score™ of 91/100 and a GF Value™ of NT$114.35 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,277 Chemicals companies, Jinan Acetate Chemical Co ranks worse than 90.92% on this metric.

As of today (2026-07-23), Jinan Acetate Chemical Co's current share price is NT$49.75. Jinan Acetate Chemical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$6.23. Jinan Acetate Chemical Co's Cyclically Adjusted PS Ratio for today is 7.99.

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

TPE:4763' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.57   Med: 16.24   Max: 23.04
Current: 7.28

During the past years, Jinan Acetate Chemical Co's highest Cyclically Adjusted PS Ratio was 23.04. The lowest was 6.57. And the median was 16.24.

TPE:4763's Cyclically Adjusted PS Ratio is ranked worse than
90.92% of 1277 companies
in the Chemicals industry
Industry Median: 1.29 vs TPE:4763: 7.28

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.

Jinan Acetate Chemical Co's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$2.793. 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$6.23 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jinan Acetate Chemical Co  (TPE:4763) 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.


Jinan Acetate Chemical Co Cyclically Adjusted PS Ratio Related Terms


Jinan Acetate Chemical Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Jinan Acetate Chemical 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.

Jinan Acetate Chemical Co Cyclically Adjusted PS Ratio Chart

Jinan Acetate Chemical 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 0.00 0.00 18.05 17.67 8.34

Jinan Acetate Chemical 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 17.67 15.76 15.70 10.53 8.34

TPE:4763 vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Jinan Acetate Chemical 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.


Jinan Acetate Chemical Co Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jinan Acetate Chemical Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Jinan Acetate Chemical Co's Cyclically Adjusted PS Ratio falls into.


TPE:4763
91GF Score
Jinan Acetate Chemical Co Ltd TPE:4763
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jinan Acetate Chemical 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.

Jinan Acetate Chemical Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=49.75/6.23
=7.99

* 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.

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

For example, Jinan Acetate Chemical 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)
=2.793/115.8323*115.8323
=2.793

Current CPI (Dec. 2025) = 115.8323.

Jinan Acetate Chemical Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 0.516 102.200 0.585
201606 0.514 101.400 0.587
201609 0.493 102.400 0.558
201612 0.491 102.600 0.554
201703 0.499 103.200 0.560
201706 0.439 103.100 0.493
201709 0.536 104.100 0.596
201712 0.740 104.500 0.820
201803 0.520 105.300 0.572
201806 0.529 104.900 0.584
201809 0.535 106.600 0.581
201812 0.560 106.500 0.609
201903 0.551 107.700 0.593
201906 0.705 107.700 0.758
201909 0.722 109.800 0.762
201912 0.610 111.200 0.635
202003 0.630 112.300 0.650
202006 0.705 110.400 0.740
202009 0.806 111.700 0.836
202012 0.799 111.500 0.830
202103 0.820 112.662 0.843
202106 0.876 111.769 0.908
202109 0.835 112.215 0.862
202112 0.858 113.108 0.879
202203 0.915 114.335 0.927
202206 1.296 114.558 1.310
202209 1.298 115.339 1.304
202212 1.415 115.116 1.424
202303 1.665 115.116 1.675
202306 2.518 114.558 2.546
202309 3.382 115.339 3.396
202312 3.863 114.781 3.898
202403 3.655 115.227 3.674
202406 3.225 114.781 3.255
202409 4.417 115.785 4.419
202412 4.574 114.893 4.611
202503 4.195 115.116 4.221
202506 3.898 114.907 3.929
202509 2.465 115.471 2.473
202512 2.793 115.832 2.793

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 7.99 mean?
Jinan Acetate Chemical Co (TPE:4763) has a Cyclically Adjusted PS Ratio of 7.99 as of Jul. 23, 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 Jinan Acetate Chemical Co and its competitors. This is 51% below median its historical median of 16.24. Over the past decade, Jinan Acetate Chemical Co's Cyclically Adjusted PS Ratio has ranged from 6.57 to 23.04. According to the industry distribution chart, Jinan Acetate Chemical Co ranks #1161 out of 1277 companies in the Chemicals industry, placing it in the top 90.9%.
Is Jinan Acetate Chemical Co's Cyclically Adjusted PS Ratio too high?
Jinan Acetate Chemical Co's current Cyclically Adjusted PS Ratio of 7.99 is 51% below median its 10-year median of 16.24. Over the past 10 years, this metric has ranged from a low of 6.57 to a high of 23.04. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.29. Jinan Acetate Chemical Co's value of 7.99 is 519.4% above this industry median. Based on the distribution chart, Jinan Acetate Chemical Co ranks #1161 out of 1277 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Jinan Acetate Chemical Co has a GF Score™ of 91/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Jinan Acetate Chemical Co's Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Jinan Acetate Chemical Co ranks #1161 out of 1277 companies for Cyclically Adjusted PS Ratio. This places Jinan Acetate Chemical Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.29. Jinan Acetate Chemical Co's value of 7.99 is 519.4% above this benchmark. Historically, Jinan Acetate Chemical Co's own Cyclically Adjusted PS Ratio has ranged from 6.57 to 23.04 over the past decade. While the company's 10-year median is 16.24 vs. the industry median of 1.29, Jinan Acetate Chemical 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.29, based on 1,277 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. Jinan Acetate Chemical Co's current Cyclically Adjusted PS Ratio of 7.99 is 519.4% 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 Jinan Acetate Chemical Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jinan Acetate Chemical Co's current Cyclically Adjusted PS Ratio is 7.99, which is 51% below median its own 10-year median of 16.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jinan Acetate Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Jinan Acetate Chemical Co (TPE:4763) is currently considered Possible Value Trap. The stock's GF Value™ is NT$114.35, compared to a current price of NT$49.75 — trading 56.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.99, which is 51% below median its 10-year median of 16.24 and 519.4% above the Chemicals industry median of 1.29. Jinan Acetate Chemical Co's overall GF Score™ is 91/100 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 Jinan Acetate Chemical Co (TPE:4763), the current Cyclically Adjusted PS Ratio is 7.99 as of Jul. 23, 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 Jinan Acetate Chemical Co (TPE:4763) Overvalued in 2026?

Based on GuruFocus' analysis, Jinan Acetate Chemical Co stock appears to be undervalued. The current stock price of NT$49.75 is trading 56.5% below its estimated GF Value™ of NT$114.35. GuruFocus considers Jinan Acetate Chemical Co to be Possible Value Trap.

Key valuation signals for TPE:4763:

  • Cyclically Adjusted PS Ratio: 7.99 (51% below median its 10-year median of 16.24)
  • GF Value™: NT$114.35 vs. price of NT$49.75 (56.5% below fair value)
  • GF Score™: 91/100 with 4 warning signs
  • Industry Position: 519.4% above the Chemicals median (#1161 of 1277)

No single metric tells the full story. See the TPE:4763 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jinan Acetate Chemical Co Business Description

Address No. 9 Taixing Street, Jibei Development Zone, Shandong Province, Jinan, CHN
Jinan Acetate Chemical Co Ltd is a chemical company based in China. The company is engaged in the manufacturing and sales of cellulose acetate products. It derives a majority of its revenue from Cellulose acetate tow products. Geographically, it generates maximum revenue from Europe and also has a presence in America, Africa, and Asia.
91GF Score

Get the complete analysis for TPE:4763

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

NT$49.75
Price
NT$114.35
GF Value