Tong Hsing Electronic Industries (TPE:6271) Cyclically Adjusted PS Ratio: 2.29 (As of Jul. 30, 2026) — Near Median

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TPE:6271 Tong Hsing Electronic Industries Ltd TPE:6271
76 GF Score
Price NT$149.00
GF Value NT$134.24
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Tong Hsing Electronic Industries Cyclically Adjusted PS Ratio?

Tong Hsing Electronic Industries TPE:6271 76 Cyclically Adjusted PS Ratio is 2.29 as of Jul. 30, 2026, which is 6% below its 10-year median of 2.44. GuruFocus rates TPE:6271 with a GF Score™ of 76/100 and a GF Value™ of NT$134.24 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 732 Semiconductors companies, Tong Hsing Electronic Industries ranks worse than 50.14% on this metric.

As of today (2026-07-30), Tong Hsing Electronic Industries's current share price is NT$149.00. Tong Hsing Electronic Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$65.17. Tong Hsing Electronic Industries's Cyclically Adjusted PS Ratio for today is 2.29.

The historical rank and industry rank for Tong Hsing Electronic Industries's Cyclically Adjusted PS Ratio or its related term are showing as below:

TPE:6271' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.46   Med: 2.44   Max: 4.47
Current: 2.9

During the past years, Tong Hsing Electronic Industries's highest Cyclically Adjusted PS Ratio was 4.47. The lowest was 1.46. And the median was 2.44.

TPE:6271's Cyclically Adjusted PS Ratio is ranked worse than
50.14% of 732 companies
in the Semiconductors industry
Industry Median: 2.895 vs TPE:6271: 2.90

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.

Tong Hsing Electronic Industries's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$13.485. 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$65.17 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tong Hsing Electronic Industries  (TPE:6271) 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.


Tong Hsing Electronic Industries Cyclically Adjusted PS Ratio Related Terms


Tong Hsing Electronic Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tong Hsing Electronic Industries'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.

Tong Hsing Electronic Industries Cyclically Adjusted PS Ratio Chart

Tong Hsing Electronic Industries 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 4.28 2.32 2.47 2.17 2.08

Tong Hsing Electronic Industries 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 1.71 1.65 1.79 2.08 2.16

TPE:6271 vs AMAT, LRCX, KLAC: Cyclically Adjusted PS Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, Tong Hsing Electronic Industries'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.


Tong Hsing Electronic Industries Cyclically Adjusted PS Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Tong Hsing Electronic Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tong Hsing Electronic Industries's Cyclically Adjusted PS Ratio falls into.


TPE:6271
76GF Score
Tong Hsing Electronic Industries Ltd TPE:6271
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tong Hsing Electronic Industries 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.

Tong Hsing Electronic Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=149.00/65.17
=2.29

* 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.

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

For example, Tong Hsing Electronic Industries'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)
=13.485/330.2130*330.2130
=13.485

Current CPI (Mar. 2026) = 330.2130.

Tong Hsing Electronic Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 14.113 241.018 19.336
201609 13.388 241.428 18.311
201612 13.882 241.432 18.987
201703 11.632 243.801 15.755
201706 12.398 244.955 16.713
201709 14.307 246.819 19.141
201712 13.568 246.524 18.174
201803 11.746 249.554 15.542
201806 12.060 251.989 15.804
201809 13.733 252.439 17.964
201812 13.036 251.233 17.134
201903 10.998 254.202 14.287
201906 12.440 256.143 16.037
201909 12.977 256.759 16.689
201912 14.271 256.974 18.338
202003 10.044 258.115 12.850
202006 10.064 257.797 12.891
202009 11.281 260.280 14.312
202012 15.620 260.474 19.802
202103 14.982 264.877 18.678
202106 16.399 271.696 19.931
202109 18.011 274.310 21.682
202112 11.539 278.802 13.667
202203 14.849 287.504 17.055
202206 15.449 296.311 17.217
202209 16.249 296.808 18.078
202212 15.163 296.797 16.870
202303 13.804 301.836 15.102
202306 13.847 305.109 14.986
202309 12.684 307.789 13.608
202312 15.098 306.746 16.253
202403 14.174 312.332 14.985
202406 14.625 314.175 15.372
202409 14.601 315.301 15.292
202412 14.181 315.605 14.837
202503 13.913 319.799 14.366
202506 14.346 322.561 14.686
202509 13.604 324.800 13.831
202512 13.420 324.054 13.675
202603 13.485 330.213 13.485

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 2.29 mean?
Tong Hsing Electronic Industries (TPE:6271) has a Cyclically Adjusted PS Ratio of 2.29 as of Jul. 30, 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 Tong Hsing Electronic Industries and its competitors. This is near median its historical median of 2.44. Over the past decade, Tong Hsing Electronic Industries' Cyclically Adjusted PS Ratio has ranged from 1.46 to 4.47. According to the industry distribution chart, Tong Hsing Electronic Industries ranks #367 out of 732 companies in the Semiconductors industry, placing it in the top 50.1%.
Is Tong Hsing Electronic Industries' Cyclically Adjusted PS Ratio too high?
Tong Hsing Electronic Industries' current Cyclically Adjusted PS Ratio of 2.29 is near median its 10-year median of 2.44. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 4.47. The Semiconductors industry median Cyclically Adjusted PS Ratio is 2.90. Tong Hsing Electronic Industries' value of 2.29 is 20.9% below this industry median. Based on the distribution chart, Tong Hsing Electronic Industries ranks #367 out of 732 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Tong Hsing Electronic Industries has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tong Hsing Electronic Industries' Cyclically Adjusted PS Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Tong Hsing Electronic Industries ranks #367 out of 732 companies for Cyclically Adjusted PS Ratio. This places Tong Hsing Electronic Industries in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.90. Tong Hsing Electronic Industries' value of 2.29 is 20.9% below this benchmark. Historically, Tong Hsing Electronic Industries' own Cyclically Adjusted PS Ratio has ranged from 1.46 to 4.47 over the past decade. While the company's 10-year median is 2.44 vs. the industry median of 2.90, Tong Hsing Electronic Industries 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 Semiconductors company?
The median Cyclically Adjusted PS Ratio among Semiconductors companies is 2.90, based on 732 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. Tong Hsing Electronic Industries's current Cyclically Adjusted PS Ratio of 2.29 is 20.9% 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 Tong Hsing Electronic Industries and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 2.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tong Hsing Electronic Industries's current Cyclically Adjusted PS Ratio is 2.29, which is near median its own 10-year median of 2.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tong Hsing Electronic Industries stock overvalued right now?
Based on GuruFocus' analysis, Tong Hsing Electronic Industries (TPE:6271) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$134.24, compared to a current price of NT$149.00 — trading 11% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.29, which is near median its 10-year median of 2.44 and 20.9% below the Semiconductors industry median of 2.90. Tong Hsing Electronic Industries' overall GF Score™ is 76/100 with 3 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 Tong Hsing Electronic Industries (TPE:6271), the current Cyclically Adjusted PS Ratio is 2.29 as of Jul. 30, 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 Tong Hsing Electronic Industries (TPE:6271) Overvalued in 2026?

Based on GuruFocus' analysis, Tong Hsing Electronic Industries stock appears to be overvalued. The current stock price of NT$149.00 is trading 11% above its estimated GF Value™ of NT$134.24. GuruFocus considers Tong Hsing Electronic Industries to be Modestly Overvalued.

Key valuation signals for TPE:6271:

  • Cyclically Adjusted PS Ratio: 2.29 (near median its 10-year median of 2.44)
  • GF Value™: NT$134.24 vs. price of NT$149.00 (11% above fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 20.9% below the Semiconductors median (#367 of 732)

No single metric tells the full story. See the TPE:6271 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tong Hsing Electronic Industries Business Description

Address No. 88, Lane 1125, Heping Road, Bade District, Taoyuan, TWN
Tong Hsing Electronic Industries Ltd is a Taiwan-based company principally engaged in the manufacture and sale of RF modules, ceramic metalized substrate, hybrid modules & specialty packaging, and image products. The company generates the majority of its revenue from overseas markets, including Japan, Singapore, Malaysia, the United States, Switzerland, China, and Others. Its core product offerings include Image products, Hybrid modules and specialty packaging, Ceramic metalized substrate, RF module, and others.
76GF Score

Get the complete analysis for TPE:6271

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

NT$149.00
Price
NT$134.24
GF Value