Lang (TPE:6165) Cyclically Adjusted PS Ratio: (As of Aug. 03, 2026)

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:6165 Lang Inc TPE:6165
75 GF Score
Price NT$48.55
GF Value NT$32.26
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Lang Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lang  (TPE:6165) 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.


Lang Cyclically Adjusted PS Ratio Related Terms


Lang Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Lang'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.

Lang Cyclically Adjusted PS Ratio Chart

Lang 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 3.44 1.88 2.04 2.03 1.85

Lang Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.11 2.39 2.17 1.85 0.00

TPE:6165 vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Lang'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.


Lang Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TPE:6165
75GF Score
Lang Inc TPE:6165
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lang 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.

Lang's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Lang's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=11.509/330.2130*330.2130
=11.509

Current CPI (Mar. 2026) = 330.2130.

Lang Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.807 241.018 1.106
201609 0.399 241.428 0.546
201612 0.244 241.432 0.334
201703 0.094 243.801 0.127
201706 0.211 244.955 0.284
201709 0.130 246.819 0.174
201712 0.078 246.524 0.104
201803 0.047 249.554 0.062
201806 0.048 251.989 0.063
201809 0.037 252.439 0.048
201812 0.012 251.233 0.016
201903 0.017 254.202 0.022
201906 0.008 256.143 0.010
201909 0.011 256.759 0.014
201912 0.010 256.974 0.013
202003 0.011 258.115 0.014
202006 0.006 257.797 0.008
202009 4.503 260.280 5.713
202012 9.365 260.474 11.872
202103 9.139 264.877 11.393
202106 10.694 271.696 12.997
202109 11.169 274.310 13.445
202112 12.308 278.802 14.578
202203 13.062 287.504 15.002
202206 12.361 296.311 13.775
202209 13.163 296.808 14.644
202212 12.549 296.797 13.962
202303 12.480 301.836 13.653
202306 12.116 305.109 13.113
202309 10.665 307.789 11.442
202312 10.895 306.746 11.729
202403 9.880 312.332 10.446
202406 9.460 314.175 9.943
202409 8.940 315.301 9.363
202412 8.550 315.605 8.946
202503 10.451 319.799 10.791
202506 10.435 322.561 10.683
202509 10.864 324.800 11.045
202512 9.015 324.054 9.186
202603 11.509 330.213 11.509

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 Lang (TPE:6165) Overvalued in 2026?

Based on GuruFocus' analysis, Lang stock appears to be overvalued. The current stock price of NT$48.55 is trading 50.5% above its estimated GF Value™ of NT$32.26. GuruFocus considers Lang to be Significantly Overvalued.

Key valuation signals for TPE:6165:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: NT$32.26 vs. price of NT$48.55 (50.5% above fair value)
  • GF Score™: 75/100 with 4 warning signs

No single metric tells the full story. See the TPE:6165 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lang Business Description

Address Zhongshan North Road, 4th Floor, No. 506, Section 5, Shilin District, Taipei, TWN
Lang Inc, formerly Jye Tai Precision Industrial Co Ltd produces 3C electronic products, communication connectors, and connecting line components. It manufactures consumer electronics parts and components, including IR remote control, waterproof remote controls, and slim and thin remote controllers in Taiwan and internationally. The company's reportable segments are: Live streaming platform segments, which derives maximum revenue, sells virtual token through Live streaming platforms; and Electronics and other segments, which consists of product sales, medical equipment leasing, and other businesses.
75GF Score

Get the complete analysis for TPE:6165

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

NT$48.55
Price
NT$32.26
GF Value