Far EasTone Telecommunications Co (TPE:4904) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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Director of Data and Quant Analytics at GuruFocus
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TPE:4904 Far EasTone Telecommunications Co Ltd TPE:4904
88 GF Score
Price NT$107.00
GF Value NT$97.46
Valuation Fairly Valued
! 5 Warning Signs
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What is Far EasTone Telecommunications Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Far EasTone Telecommunications Co  (TPE:4904) 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.


Far EasTone Telecommunications Co Cyclically Adjusted PS Ratio Related Terms


Far EasTone Telecommunications Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Far EasTone Telecommunications 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.

Far EasTone Telecommunications Co Cyclically Adjusted PS Ratio Chart

Far EasTone Telecommunications 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 2.09 2.04 2.45 2.75 2.73

Far EasTone Telecommunications 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 2.73 2.69 2.71 2.79 3.17

TPE:4904 vs VZ, TMUS, T: Cyclically Adjusted PS Ratio Comparison

For the Telecom Services subindustry, Far EasTone Telecommunications 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.


Far EasTone Telecommunications Co Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Far EasTone Telecommunications Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Far EasTone Telecommunications Co's Cyclically Adjusted PS Ratio falls into.


TPE:4904
88GF Score
Far EasTone Telecommunications Co Ltd TPE:4904
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Far EasTone Telecommunications 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.

Far EasTone Telecommunications Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Far EasTone Telecommunications 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)
=7.944/333.9520*333.9520
=7.944

Current CPI (Jun. 2026) = 333.9520.

Far EasTone Telecommunications Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 7.150 241.428 9.890
201612 7.408 241.432 10.247
201703 6.893 243.801 9.442
201706 6.728 244.955 9.172
201709 7.011 246.819 9.486
201712 7.607 246.524 10.305
201803 6.643 249.554 8.890
201806 6.632 251.989 8.789
201809 6.457 252.439 8.542
201812 6.831 251.233 9.080
201903 6.384 254.202 8.387
201906 6.266 256.143 8.169
201909 6.565 256.759 8.539
201912 6.499 256.974 8.446
202003 5.945 258.115 7.692
202006 5.728 257.797 7.420
202009 5.713 260.280 7.330
202012 6.987 260.474 8.958
202103 6.389 264.877 8.055
202106 5.981 271.696 7.351
202109 6.349 274.310 7.729
202112 7.440 278.802 8.912
202203 6.717 287.504 7.802
202206 6.357 296.311 7.165
202209 6.794 296.808 7.644
202212 7.463 296.797 8.397
202303 6.840 301.836 7.568
202306 6.656 305.109 7.285
202309 7.120 307.789 7.725
202312 7.958 306.746 8.664
202403 7.136 312.332 7.630
202406 6.922 314.175 7.358
202409 6.857 315.301 7.263
202412 8.089 315.605 8.559
202503 7.407 319.799 7.735
202506 7.236 322.561 7.492
202509 7.314 324.800 7.520
202512 9.048 324.054 9.324
202603 7.704 330.213 7.791
202606 7.944 333.952 7.944

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 Far EasTone Telecommunications Co (TPE:4904) Overvalued in 2026?

Based on GuruFocus' analysis, Far EasTone Telecommunications Co stock appears to be overvalued. The current stock price of NT$107.00 is trading 9.8% above its estimated GF Value™ of NT$97.46. GuruFocus considers Far EasTone Telecommunications Co to be Fairly Valued.

Key valuation signals for TPE:4904:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: NT$97.46 vs. price of NT$107.00 (9.8% above fair value)
  • GF Score™: 88/100 with 5 warning signs

No single metric tells the full story. See the TPE:4904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Far EasTone Telecommunications Co Business Description

Address No. 207, Tun-Hwa South Road, 28th Floor, Section 2, Taipei, TWN
Far EasTone Telecommunications Co Ltd is a telecommunications company. It provides mobile telecommunications services (including voice and internet services), international simple resale services, digital value-added services, sale of cellular phone equipment and accessories and enterprise information and communication integration services, etc. The company operating segments are Mobile services business, Fixed-line services business, Sales business. The company generates the vast majority of its revenue in Taiwan.
88GF Score

Get the complete analysis for TPE:4904

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

NT$107.00
Price
NT$97.46
GF Value