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Chong Hong Construction CoTPE:5534 -0.75%85 Cyclically Adjusted PS Ratio is 2.31 as of Jul. 27, 2026, which is 19% below its 10-year median of 2.85. GuruFocus rates TPE:5534 with a GF Score™ of 85/100 and a GF Value™ of NT$71.07 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,358 Real Estate companies, Chong Hong Construction Co ranks worse than 57.81% on this metric.
The historical rank and industry rank for Chong Hong Construction Co's Cyclically Adjusted PS Ratio or its related term are showing as below:
TPE:5534'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.16 Med: 2.85 Max: 4.4
Current: 2.33
During the past years, Chong Hong Construction Co's highest Cyclically Adjusted PS Ratio was 4.40. The lowest was 2.16. And the median was 2.85.
TPE:5534's Cyclically Adjusted PS Ratio is ranked worse than 57.81% of 1358
companies
in the Real Estate industry
Industry Median: 1.78
vs TPE:5534: 2.33
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.
Chong Hong Construction Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$2.988. 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$34.33 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Chong Hong Construction Co (TPE:5534) 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.
Chong Hong Construction Co Cyclically Adjusted PS Ratio Related Terms
Chong Hong Construction Co Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Chong Hong Construction 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.
Chong Hong Construction Co Cyclically Adjusted PS Ratio Chart
Chong Hong Construction Co Cyclically Adjusted PS Ratio Competitor Comparison
For the Real Estate - Development subindustry, Chong Hong Construction 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.
Chong Hong Construction Co Cyclically Adjusted PS Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Chong Hong Construction Co's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Chong Hong Construction Co's Cyclically Adjusted PS Ratio falls into.
Chong Hong Construction 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.
* 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.
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 2.31 mean?
Chong Hong Construction Co (TPE:5534) has a Cyclically Adjusted PS Ratio of 2.31 as of Jul. 27, 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 Chong Hong Construction Co and its competitors. This is 19% below median its historical median of 2.85. Over the past decade, Chong Hong Construction Co's Cyclically Adjusted PS Ratio has ranged from 2.16 to 4.40. According to the industry distribution chart, Chong Hong Construction Co ranks #785 out of 1358 companies in the Real Estate industry, placing it in the top 57.8%.
Is Chong Hong Construction Co's Cyclically Adjusted PS Ratio too high?
Chong Hong Construction Co's current Cyclically Adjusted PS Ratio of 2.31 is 19% below median its 10-year median of 2.85. Over the past 10 years, this metric has ranged from a low of 2.16 to a high of 4.40. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.78. Chong Hong Construction Co's value of 2.31 is 29.8% above this industry median. Based on the distribution chart, Chong Hong Construction Co ranks #785 out of 1358 companies in the Real Estate industry, which is below the industry midpoint. Overall, Chong Hong Construction Co has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chong Hong Construction Co's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, Chong Hong Construction Co ranks #785 out of 1358 companies for Cyclically Adjusted PS Ratio. This places Chong Hong Construction Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.78. Chong Hong Construction Co's value of 2.31 is 29.8% above this benchmark. Historically, Chong Hong Construction Co's own Cyclically Adjusted PS Ratio has ranged from 2.16 to 4.40 over the past decade. While the company's 10-year median is 2.85 vs. the industry median of 1.78, Chong Hong Construction 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.78, based on 1,358 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. Chong Hong Construction Co's current Cyclically Adjusted PS Ratio of 2.31 is 29.8% 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 Chong Hong Construction Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chong Hong Construction Co's current Cyclically Adjusted PS Ratio is 2.31, which is 19% below median its own 10-year median of 2.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chong Hong Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Chong Hong Construction Co (TPE:5534) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$71.07, compared to a current price of NT$79.30 — trading 11.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.31, which is 19% below median its 10-year median of 2.85 and 29.8% above the Real Estate industry median of 1.78. Chong Hong Construction Co's overall GF Score™ is 85/100 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 Chong Hong Construction Co (TPE:5534), the current Cyclically Adjusted PS Ratio is 2.31 as of Jul. 27, 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 Chong Hong Construction Co (TPE:5534) Overvalued in 2026?
Based on GuruFocus' analysis, Chong Hong Construction Co stock appears to be overvalued.
The current stock price of NT$79.30 is trading 11.6% above its estimated GF Value™ of NT$71.07.
GuruFocus considers Chong Hong Construction Co to be Modestly Overvalued.
Key valuation signals for TPE:5534:
Cyclically Adjusted PS Ratio: 2.31 (19% below median its 10-year median of 2.85)
GF Value™: NT$71.07 vs. price of NT$79.30 (11.6% above fair value)
Industry Position: 29.8% above the Real Estate median (#785 of 1358)
No single metric tells the full story. See the TPE:5534 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chong Hong Construction Co Ltd mainly develops, sells, and leases residential and commercial property in Taiwan. The company derives revenue from the proceeds of lands, properties, contract fees, and rental income. Land revenue represents more than half of group income, followed by property revenue. The company operates through two segments. The Building segment is engaged in the construction of commercial buildings, public housing, and the lease of factories. The construction segment is engaged in building and construction projects.
85GF Score
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