Taiwan Steel Union Co (TPE:6581) Cyclically Adjusted PS Ratio: 5.00 (As of Sep. 13, 2026) — Near Median

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TPE:6581 Taiwan Steel Union Co Ltd TPE:6581
80 GF Score
Price NT$111.50
GF Value NT$109.13
Valuation Fairly Valued
! 5 Warning Signs
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What is Taiwan Steel Union Co Cyclically Adjusted PS Ratio?

Taiwan Steel Union Co TPE:6581 80 Cyclically Adjusted PS Ratio is 5.00 as of Sep. 13, 2026, which is 1% above its 10-year median of 4.97. GuruFocus rates TPE:6581 with a GF Score™ of 80/100 and a GF Value™ of NT$109.13 (Fairly Valued). The stock has 5 warning signs investors should review. Among 156 Waste Management companies, Taiwan Steel Union Co ranks worse than 85.26% on this metric.

As of today (2026-09-13), Taiwan Steel Union Co's current share price is NT$111.50. Taiwan Steel Union Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was NT$22.29. Taiwan Steel Union Co's Cyclically Adjusted PS Ratio for today is 5.00.

The historical rank and industry rank for Taiwan Steel Union Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

TPE:6581' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.78   Med: 4.97   Max: 5.16
Current: 5

During the past years, Taiwan Steel Union Co's highest Cyclically Adjusted PS Ratio was 5.16. The lowest was 4.78. And the median was 4.97.

TPE:6581's Cyclically Adjusted PS Ratio is ranked worse than
85.26% of 156 companies
in the Waste Management industry
Industry Median: 1.405 vs TPE:6581: 5.00

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.

Taiwan Steel Union Co's adjusted revenue per share data for the three months ended in Jun. 2026 was NT$7.593. 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$22.29 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Steel Union Co  (TPE:6581) 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.


Taiwan Steel Union Co Cyclically Adjusted PS Ratio Related Terms


Taiwan Steel Union Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Taiwan Steel Union 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.

Taiwan Steel Union Co Cyclically Adjusted PS Ratio Chart

Taiwan Steel Union 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 0.00 0.00 0.00 0.00 4.91

Taiwan Steel Union 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 4.93 5.11 4.91 4.88 4.80

TPE:6581 vs WM, RSG, WCN: Cyclically Adjusted PS Ratio Comparison

For the Waste Management subindustry, Taiwan Steel Union 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.


Taiwan Steel Union Co Cyclically Adjusted PS Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, Taiwan Steel Union Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Taiwan Steel Union Co's Cyclically Adjusted PS Ratio falls into.


TPE:6581
80GF Score
Taiwan Steel Union Co Ltd TPE:6581
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Taiwan Steel Union 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.

Taiwan Steel Union Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=111.50/22.29
=5.00

* 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.

Taiwan Steel Union Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Taiwan Steel Union 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)
=7.593/333.9520*333.9520
=7.593

Current CPI (Jun. 2026) = 333.9520.

Taiwan Steel Union Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.130 241.428 4.330
201612 5.229 241.432 7.233
201703 3.760 243.801 5.150
201706 3.312 244.955 4.515
201709 5.433 246.819 7.351
201712 6.507 246.524 8.815
201803 3.252 249.554 4.352
201806 6.715 251.989 8.899
201809 2.752 252.439 3.641
201812 6.619 251.233 8.798
201903 3.483 254.202 4.576
201906 5.125 256.143 6.682
201909 2.974 256.759 3.868
201912 3.264 256.974 4.242
202003 2.239 258.115 2.897
202006 3.629 257.797 4.701
202009 3.274 260.280 4.201
202012 5.417 260.474 6.945
202103 2.742 264.877 3.457
202106 4.257 271.696 5.232
202109 3.293 274.310 4.009
202112 6.338 278.802 7.592
202203 3.964 287.504 4.604
202206 7.510 296.311 8.464
202209 5.849 296.808 6.581
202212 6.327 296.797 7.119
202303 3.330 301.836 3.684
202306 5.422 305.109 5.935
202309 3.670 307.789 3.982
202312 5.875 306.746 6.396
202403 4.194 312.332 4.484
202406 6.304 314.175 6.701
202409 4.407 315.301 4.668
202412 6.372 315.605 6.742
202503 4.423 319.799 4.619
202506 5.733 322.561 5.935
202509 4.471 324.800 4.597
202512 5.193 324.054 5.352
202603 3.903 330.213 3.947
202606 7.593 333.952 7.593

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 5.00 mean?
Taiwan Steel Union Co (TPE:6581) has a Cyclically Adjusted PS Ratio of 5.00 as of Sep. 13, 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 Taiwan Steel Union Co and its competitors. This is near median its historical median of 4.97. Over the past decade, Taiwan Steel Union Co's Cyclically Adjusted PS Ratio has ranged from 4.78 to 5.16. According to the industry distribution chart, Taiwan Steel Union Co ranks #133 out of 156 companies in the Waste Management industry, placing it in the top 85.3%.
Is Taiwan Steel Union Co's Cyclically Adjusted PS Ratio too high?
Taiwan Steel Union Co's current Cyclically Adjusted PS Ratio of 5.00 is near median its 10-year median of 4.97. Over the past 10 years, this metric has ranged from a low of 4.78 to a high of 5.16. The Waste Management industry median Cyclically Adjusted PS Ratio is 1.41. Taiwan Steel Union Co's value of 5.00 is 255.9% above this industry median. Based on the distribution chart, Taiwan Steel Union Co ranks #133 out of 156 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Taiwan Steel Union Co has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Steel Union Co's Cyclically Adjusted PS Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Taiwan Steel Union Co ranks #133 out of 156 companies for Cyclically Adjusted PS Ratio. This places Taiwan Steel Union Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.41. Taiwan Steel Union Co's value of 5.00 is 255.9% above this benchmark. Historically, Taiwan Steel Union Co's own Cyclically Adjusted PS Ratio has ranged from 4.78 to 5.16 over the past decade. While the company's 10-year median is 4.97 vs. the industry median of 1.41, Taiwan Steel Union 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 Waste Management company?
The median Cyclically Adjusted PS Ratio among Waste Management companies is 1.41, based on 156 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. Taiwan Steel Union Co's current Cyclically Adjusted PS Ratio of 5.00 is 255.9% 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 Taiwan Steel Union Co and its competitors. For the Waste Management industry, the median Cyclically Adjusted PS Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Steel Union Co's current Cyclically Adjusted PS Ratio is 5.00, which is near median its own 10-year median of 4.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Steel Union Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Steel Union Co (TPE:6581) is currently considered Fairly Valued. The stock's GF Value™ is NT$109.13, compared to a current price of NT$111.50 — trading 2.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.00, which is near median its 10-year median of 4.97 and 255.9% above the Waste Management industry median of 1.41. Taiwan Steel Union Co's overall GF Score™ is 80/100 with 5 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 Taiwan Steel Union Co (TPE:6581), the current Cyclically Adjusted PS Ratio is 5.00 as of Sep. 13, 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 Taiwan Steel Union Co (TPE:6581) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Steel Union Co stock appears to be overvalued. The current stock price of NT$111.50 is trading 2.2% above its estimated GF Value™ of NT$109.13. GuruFocus considers Taiwan Steel Union Co to be Fairly Valued.

Key valuation signals for TPE:6581:

  • Cyclically Adjusted PS Ratio: 5.00 (near median its 10-year median of 4.97)
  • GF Value™: NT$109.13 vs. price of NT$111.50 (2.2% above fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 255.9% above the Waste Management median (#133 of 156)

No single metric tells the full story. See the TPE:6581 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Steel Union Co Business Description

Address No. 36, Siangong North 1st Road, Changbin Industrial Zone, Shengang Township, Changhua, TWN, 50953
Taiwan Steel Union Co Ltd is a Taiwan-based waste management company. The company's main business is to dispose and reuse general industrial waste and hazardous industrial waste, as well as manufacture and trade non-ferrous metal (zinc oxide) and non-metallic mineral products.
80GF Score

Get the complete analysis for TPE:6581

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

NT$111.50
Price
NT$109.13
GF Value