Global Lighting Technologies (TPE:4935) Cyclically Adjusted PS Ratio: 0.48 (As of Sep. 12, 2026) — 48% 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:4935 Global Lighting Technologies Inc TPE:4935
79 GF Score
Price NT$31.90
GF Value NT$33.45
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Global Lighting Technologies Cyclically Adjusted PS Ratio?

Global Lighting Technologies TPE:4935 -2.60% 79 Cyclically Adjusted PS Ratio is 0.48 as of Sep. 12, 2026, which is 48% below its 10-year median of 0.92. GuruFocus rates TPE:4935 with a GF Score™ of 79/100 and a GF Value™ of NT$33.45 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,963 Hardware companies, Global Lighting Technologies ranks better than 74.78% on this metric.

As of today (2026-09-12), Global Lighting Technologies's current share price is NT$31.90. Global Lighting Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was NT$66.17. Global Lighting Technologies's Cyclically Adjusted PS Ratio for today is 0.48.

The historical rank and industry rank for Global Lighting Technologies's Cyclically Adjusted PS Ratio or its related term are showing as below:

TPE:4935' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.92   Max: 3.46
Current: 0.48

During the past years, Global Lighting Technologies's highest Cyclically Adjusted PS Ratio was 3.46. The lowest was 0.48. And the median was 0.92.

TPE:4935's Cyclically Adjusted PS Ratio is ranked better than
74.78% of 1963 companies
in the Hardware industry
Industry Median: 1.4 vs TPE:4935: 0.48

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.

Global Lighting Technologies's adjusted revenue per share data for the three months ended in Jun. 2026 was NT$8.057. 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$66.17 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Global Lighting Technologies  (TPE:4935) 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.


Global Lighting Technologies Cyclically Adjusted PS Ratio Related Terms


Global Lighting Technologies Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Global Lighting Technologies'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.

Global Lighting Technologies Cyclically Adjusted PS Ratio Chart

Global Lighting Technologies 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 1.45 0.86 0.79 0.92 0.62

Global Lighting Technologies 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 0.58 0.69 0.62 0.54 0.55

TPE:4935 vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Global Lighting Technologies'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.


Global Lighting Technologies Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Global Lighting Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Global Lighting Technologies's Cyclically Adjusted PS Ratio falls into.


TPE:4935
79GF Score
Global Lighting Technologies Inc TPE:4935
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Global Lighting Technologies 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.

Global Lighting Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=31.90/66.17
=0.48

* 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.

Global Lighting Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Global Lighting Technologies'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)
=8.057/333.9520*333.9520
=8.057

Current CPI (Jun. 2026) = 333.9520.

Global Lighting Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 12.401 241.428 17.154
201612 11.036 241.432 15.265
201703 9.410 243.801 12.890
201706 11.006 244.955 15.005
201709 12.778 246.819 17.289
201712 11.547 246.524 15.642
201803 7.932 249.554 10.615
201806 8.275 251.989 10.967
201809 14.208 252.439 18.796
201812 10.970 251.233 14.582
201903 8.293 254.202 10.895
201906 8.675 256.143 11.310
201909 10.989 256.759 14.293
201912 12.321 256.974 16.012
202003 10.510 258.115 13.598
202006 22.125 257.797 28.661
202009 26.158 260.280 33.562
202012 26.471 260.474 33.938
202103 19.865 264.877 25.045
202106 20.816 271.696 25.586
202109 21.268 274.310 25.892
202112 20.399 278.802 24.434
202203 18.827 287.504 21.869
202206 14.180 296.311 15.981
202209 24.599 296.808 27.677
202212 17.522 296.797 19.716
202303 8.436 301.836 9.334
202306 13.637 305.109 14.926
202309 11.899 307.789 12.910
202312 12.053 306.746 13.122
202403 10.894 312.332 11.648
202406 13.954 314.175 14.832
202409 15.265 315.301 16.168
202412 13.591 315.605 14.381
202503 10.806 319.799 11.284
202506 9.659 322.561 10.000
202509 10.982 324.800 11.291
202512 8.606 324.054 8.869
202603 8.113 330.213 8.205
202606 8.057 333.952 8.057

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 0.48 mean?
Global Lighting Technologies (TPE:4935) has a Cyclically Adjusted PS Ratio of 0.48 as of Sep. 12, 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 Global Lighting Technologies and its competitors. This is 48% below median its historical median of 0.92. Over the past decade, Global Lighting Technologies' Cyclically Adjusted PS Ratio has ranged from 0.48 to 3.46. According to the industry distribution chart, Global Lighting Technologies ranks #495 out of 1963 companies in the Hardware industry, placing it in the top 25.2%.
Is Global Lighting Technologies' Cyclically Adjusted PS Ratio too high?
Global Lighting Technologies' current Cyclically Adjusted PS Ratio of 0.48 is 48% below median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 3.46. The Hardware industry median Cyclically Adjusted PS Ratio is 1.40. Global Lighting Technologies' value of 0.48 is 65.7% below this industry median. Based on the distribution chart, Global Lighting Technologies ranks #495 out of 1963 companies in the Hardware industry, which is above the industry midpoint. Overall, Global Lighting Technologies has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Global Lighting Technologies' Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Global Lighting Technologies ranks #495 out of 1963 companies for Cyclically Adjusted PS Ratio. This puts Global Lighting Technologies in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.40. Global Lighting Technologies' value of 0.48 is 65.7% below this benchmark. Historically, Global Lighting Technologies' own Cyclically Adjusted PS Ratio has ranged from 0.48 to 3.46 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 1.40, Global Lighting Technologies 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 1.40, based on 1,963 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. Global Lighting Technologies's current Cyclically Adjusted PS Ratio of 0.48 is 65.7% 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 Global Lighting Technologies and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Lighting Technologies's current Cyclically Adjusted PS Ratio is 0.48, which is 48% below median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Lighting Technologies stock overvalued right now?
Based on GuruFocus' analysis, Global Lighting Technologies (TPE:4935) is currently considered Fairly Valued. The stock's GF Value™ is NT$33.45, compared to a current price of NT$31.90 — trading 4.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.48, which is 48% below median its 10-year median of 0.92 and 65.7% below the Hardware industry median of 1.40. Global Lighting Technologies' overall GF Score™ is 79/100 with 8 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 Global Lighting Technologies (TPE:4935), the current Cyclically Adjusted PS Ratio is 0.48 as of Sep. 12, 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 Global Lighting Technologies (TPE:4935) Overvalued in 2026?

Based on GuruFocus' analysis, Global Lighting Technologies stock appears to be undervalued. The current stock price of NT$31.90 is trading 4.6% below its estimated GF Value™ of NT$33.45. GuruFocus considers Global Lighting Technologies to be Fairly Valued.

Key valuation signals for TPE:4935:

  • Cyclically Adjusted PS Ratio: 0.48 (48% below median its 10-year median of 0.92)
  • GF Value™: NT$33.45 vs. price of NT$31.90 (4.6% below fair value)
  • GF Score™: 79/100 with 8 warning signs
  • Industry Position: 65.7% below the Hardware median (#495 of 1963)

No single metric tells the full story. See the TPE:4935 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Global Lighting Technologies Business Description

Address No. 1149, Minquan Road, Section 3, Zhongli District, Taoyuan, TWN
Global Lighting Technologies Inc is engaged in the design, manufacturing, and sales of applications of light guide plates, the development of optical molds, and the manufacturing and sales of plastic components. The company has two reportable segments: the Department of light guide plates applications, which derives key revenue, provides the service of manufacturing and sales of related application products such as light guide plates; and the Department of plastic components, which provides the service of design, manufacturing, and sales of plastic components. Geographically, the company operates in Asia, America, and other regions, out of which it earns maximum revenue from Asia.
79GF Score

Get the complete analysis for TPE:4935

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

NT$31.90
Price
NT$33.45
GF Value