Taiwan Printed Circuit Board Techvest (TPE:8213) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

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Director of Data and Quant Analytics at GuruFocus
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TPE:8213 Taiwan Printed Circuit Board Techvest Ltd TPE:8213
81 GF Score
Price NT$33.00
GF Value NT$38.18
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Taiwan Printed Circuit Board Techvest Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Printed Circuit Board Techvest  (TPE:8213) 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 Printed Circuit Board Techvest Cyclically Adjusted PS Ratio Related Terms


Taiwan Printed Circuit Board Techvest Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Taiwan Printed Circuit Board Techvest'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 Printed Circuit Board Techvest Cyclically Adjusted PS Ratio Chart

Taiwan Printed Circuit Board Techvest 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 0.51 0.37 0.45 0.36 0.35

Taiwan Printed Circuit Board Techvest 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 0.32 0.37 0.35 0.34 0.38

TPE:8213 vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Taiwan Printed Circuit Board Techvest'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 Printed Circuit Board Techvest Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Taiwan Printed Circuit Board Techvest's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Taiwan Printed Circuit Board Techvest's Cyclically Adjusted PS Ratio falls into.


TPE:8213
81GF Score
Taiwan Printed Circuit Board Techvest Ltd TPE:8213
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Printed Circuit Board Techvest 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 Printed Circuit Board Techvest's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Taiwan Printed Circuit Board Techvest'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)
=19.502/333.9520*333.9520
=19.502

Current CPI (Jun. 2026) = 333.9520.

Taiwan Printed Circuit Board Techvest Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 21.471 241.428 29.699
201612 21.342 241.432 29.521
201703 18.675 243.801 25.581
201706 20.215 244.955 27.560
201709 22.529 246.819 30.482
201712 19.930 246.524 26.998
201803 19.081 249.554 25.534
201806 21.153 251.989 28.033
201809 22.633 252.439 29.941
201812 20.142 251.233 26.774
201903 18.543 254.202 24.360
201906 20.346 256.143 26.527
201909 21.095 256.759 27.437
201912 18.730 256.974 24.341
202003 17.005 258.115 22.001
202006 21.811 257.797 28.254
202009 22.914 260.280 29.400
202012 22.164 260.474 28.416
202103 22.991 264.877 28.987
202106 25.443 271.696 31.273
202109 27.489 274.310 33.466
202112 25.724 278.802 30.812
202203 24.849 287.504 28.864
202206 22.201 296.311 25.021
202209 15.334 296.808 17.253
202212 16.426 296.797 18.482
202303 16.017 301.836 17.721
202306 18.492 305.109 20.240
202309 19.010 307.789 20.626
202312 15.678 306.746 17.069
202403 15.261 312.332 16.317
202406 17.458 314.175 18.557
202409 17.054 315.301 18.063
202412 15.041 315.605 15.915
202503 16.482 319.799 17.211
202506 17.138 322.561 17.743
202509 16.851 324.800 17.326
202512 16.733 324.054 17.244
202603 17.765 330.213 17.966
202606 19.502 333.952 19.502

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 Taiwan Printed Circuit Board Techvest (TPE:8213) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Printed Circuit Board Techvest stock appears to be undervalued. The current stock price of NT$33.00 is trading 13.6% below its estimated GF Value™ of NT$38.18. GuruFocus considers Taiwan Printed Circuit Board Techvest to be Modestly Undervalued.

Key valuation signals for TPE:8213:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: NT$38.18 vs. price of NT$33.00 (13.6% below fair value)
  • GF Score™: 81/100 with 6 warning signs

No single metric tells the full story. See the TPE:8213 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Printed Circuit Board Techvest Business Description

Address No. 12, Gongye 2nd Road, Yongfeng Village, Pingzhen district, Taoyuan, TWN
Taiwan Printed Circuit Board Techvest Ltd is a manufacturing service company that manufactures and sells electronic components and printed circuit boards. The product portfolio includes liquid crystal display boards, notebook boards, LCD high-order displays, LED boards, and aluminum plates. The company has factories in Taiwan, Vietnam and China.
81GF Score

Get the complete analysis for TPE:8213

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

NT$33.00
Price
NT$38.18
GF Value