Shining Building Business Co (TPE:5531) Cyclically Adjusted PS Ratio: 1.24 (As of Sep. 16, 2026) — 17% Below Median

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TPE:5531 Shining Building Business Co Ltd TPE:5531
46 GF Score
Price NT$7.12
GF Value NT$3.26
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Shining Building Business Co Cyclically Adjusted PS Ratio?

Shining Building Business Co TPE:5531 +1.28% 46 Cyclically Adjusted PS Ratio is 1.24 as of Sep. 16, 2026, which is 17% below its 10-year median of 1.49. GuruFocus rates TPE:5531 with a GF Score™ of 46/100 and a GF Value™ of NT$3.26 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,378 Construction companies, Shining Building Business Co ranks worse than 66.98% on this metric.

As of today (2026-09-16), Shining Building Business Co's current share price is NT$7.12. Shining Building Business Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was NT$5.72. Shining Building Business Co's Cyclically Adjusted PS Ratio for today is 1.24.

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

TPE:5531' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.16   Med: 1.49   Max: 2.64
Current: 1.22

During the past years, Shining Building Business Co's highest Cyclically Adjusted PS Ratio was 2.64. The lowest was 1.16. And the median was 1.49.

TPE:5531's Cyclically Adjusted PS Ratio is ranked worse than
66.98% of 1378 companies
in the Construction industry
Industry Median: 0.7 vs TPE:5531: 1.22

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.

Shining Building Business Co's adjusted revenue per share data for the three months ended in Jun. 2026 was NT$0.185. 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$5.72 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shining Building Business Co  (TPE:5531) 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.


Shining Building Business Co Cyclically Adjusted PS Ratio Related Terms


Shining Building Business Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shining Building Business 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.

Shining Building Business Co Cyclically Adjusted PS Ratio Chart

Shining Building Business 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 1.61 1.37 1.68 1.63 1.54

Shining Building Business 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 1.45 1.44 1.54 1.56 1.39

TPE:5531 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Shining Building Business 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.


Shining Building Business Co Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Shining Building Business Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shining Building Business Co's Cyclically Adjusted PS Ratio falls into.


TPE:5531
46GF Score
Shining Building Business Co Ltd TPE:5531
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shining Building Business 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.

Shining Building Business Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.12/5.722
=1.24

* 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.

Shining Building Business Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Shining Building Business 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)
=0.185/333.9520*333.9520
=0.185

Current CPI (Jun. 2026) = 333.9520.

Shining Building Business Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.182 241.428 1.635
201612 3.494 241.432 4.833
201703 0.392 243.801 0.537
201706 0.219 244.955 0.299
201709 1.192 246.819 1.613
201712 3.197 246.524 4.331
201803 0.804 249.554 1.076
201806 2.120 251.989 2.810
201809 2.919 252.439 3.862
201812 1.600 251.233 2.127
201903 0.822 254.202 1.080
201906 1.007 256.143 1.313
201909 1.650 256.759 2.146
201912 4.464 256.974 5.801
202003 0.475 258.115 0.615
202006 0.754 257.797 0.977
202009 1.056 260.280 1.355
202012 3.746 260.474 4.803
202103 0.176 264.877 0.222
202106 0.758 271.696 0.932
202109 0.385 274.310 0.469
202112 2.233 278.802 2.675
202203 0.324 287.504 0.376
202206 0.418 296.311 0.471
202209 0.348 296.808 0.392
202212 0.270 296.797 0.304
202303 2.399 301.836 2.654
202306 0.351 305.109 0.384
202309 0.681 307.789 0.739
202312 0.434 306.746 0.472
202403 0.174 312.332 0.186
202406 0.201 314.175 0.214
202409 1.087 315.301 1.151
202412 2.741 315.605 2.900
202503 0.127 319.799 0.133
202506 0.171 322.561 0.177
202509 0.626 324.800 0.644
202512 0.173 324.054 0.178
202603 0.146 330.213 0.148
202606 0.185 333.952 0.185

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 1.24 mean?
Shining Building Business Co (TPE:5531) has a Cyclically Adjusted PS Ratio of 1.24 as of Sep. 16, 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 Shining Building Business Co and its competitors. This is 17% below median its historical median of 1.49. Over the past decade, Shining Building Business Co's Cyclically Adjusted PS Ratio has ranged from 1.16 to 2.64. According to the industry distribution chart, Shining Building Business Co ranks #923 out of 1378 companies in the Construction industry, placing it in the top 67%.
Is Shining Building Business Co's Cyclically Adjusted PS Ratio too high?
Shining Building Business Co's current Cyclically Adjusted PS Ratio of 1.24 is 17% below median its 10-year median of 1.49. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 2.64. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Shining Building Business Co's value of 1.24 is 77.1% above this industry median. Based on the distribution chart, Shining Building Business Co ranks #923 out of 1378 companies in the Construction industry, which is below the industry midpoint. Overall, Shining Building Business Co has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shining Building Business Co's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Shining Building Business Co ranks #923 out of 1378 companies for Cyclically Adjusted PS Ratio. This places Shining Building Business Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Shining Building Business Co's value of 1.24 is 77.1% above this benchmark. Historically, Shining Building Business Co's own Cyclically Adjusted PS Ratio has ranged from 1.16 to 2.64 over the past decade. While the company's 10-year median is 1.49 vs. the industry median of 0.70, Shining Building Business 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,378 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. Shining Building Business Co's current Cyclically Adjusted PS Ratio of 1.24 is 77.1% 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 Shining Building Business Co and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shining Building Business Co's current Cyclically Adjusted PS Ratio is 1.24, which is 17% below median its own 10-year median of 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shining Building Business Co stock overvalued right now?
Based on GuruFocus' analysis, Shining Building Business Co (TPE:5531) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$3.26, compared to a current price of NT$7.12 — trading 118.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.24, which is 17% below median its 10-year median of 1.49 and 77.1% above the Construction industry median of 0.70. Shining Building Business Co's overall GF Score™ is 46/100 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 Shining Building Business Co (TPE:5531), the current Cyclically Adjusted PS Ratio is 1.24 as of Sep. 16, 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 Shining Building Business Co (TPE:5531) Overvalued in 2026?

Based on GuruFocus' analysis, Shining Building Business Co stock appears to be overvalued. The current stock price of NT$7.12 is trading 118.4% above its estimated GF Value™ of NT$3.26. GuruFocus considers Shining Building Business Co to be Significantly Overvalued.

Key valuation signals for TPE:5531:

  • Cyclically Adjusted PS Ratio: 1.24 (17% below median its 10-year median of 1.49)
  • GF Value™: NT$3.26 vs. price of NT$7.12 (118.4% above fair value)
  • GF Score™: 46/100 with 8 warning signs
  • Industry Position: 77.1% above the Construction median (#923 of 1378)

No single metric tells the full story. See the TPE:5531 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shining Building Business Co Business Description

Address No. 408, Sec. 2,Taiwan Boulevard, West District, Taichung City, TWN
Shining Building Business Co Ltd is engaged in the business of entrusting construction firms to build commercial buildings, and rent and sell public housing. The company operates through three business segments. i) Building unit: It is engaged in the business of building commercial buildings and renting and selling public housing. ii) Construction unit: It is engaged in construction and civil engineering, and iii) Other units: It is mainly engaged in hotel construction and real estate development and general investment. The majority of revenue is derived from the Building unit.
46GF Score

Get the complete analysis for TPE:5531

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

NT$7.12
Price
NT$3.26
GF Value