Taiwan Environment Scientific Co (TPE:8476) Cyclically Adjusted PS Ratio: 1.11 (As of Sep. 12, 2026) — Near Median

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:8476 Taiwan Environment Scientific Co TPE:8476
65 GF Score
Price NT$19.90
GF Value NT$17.74
Valuation Modestly Overvalued
! 11 Warning Signs
View Full Analysis

What is Taiwan Environment Scientific Co Cyclically Adjusted PS Ratio?

Taiwan Environment Scientific Co TPE:8476 65 Cyclically Adjusted PS Ratio is 1.11 as of Sep. 12, 2026, which is 1% above its 10-year median of 1.10. GuruFocus rates TPE:8476 with a GF Score™ of 65/100 and a GF Value™ of NT$17.74 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 154 Waste Management companies, Taiwan Environment Scientific Co ranks better than 60.39% on this metric.

As of today (2026-09-12), Taiwan Environment Scientific Co's current share price is NT$19.90. Taiwan Environment Scientific Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was NT$17.93. Taiwan Environment Scientific Co's Cyclically Adjusted PS Ratio for today is 1.11.

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

TPE:8476' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.1   Max: 3.01
Current: 1.08

During the past years, Taiwan Environment Scientific Co's highest Cyclically Adjusted PS Ratio was 3.01. The lowest was 0.84. And the median was 1.10.

TPE:8476's Cyclically Adjusted PS Ratio is ranked better than
60.39% of 154 companies
in the Waste Management industry
Industry Median: 1.41 vs TPE:8476: 1.08

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 Environment Scientific Co's adjusted revenue per share data for the three months ended in Jun. 2026 was NT$1.973. 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$17.93 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Environment Scientific Co  (TPE:8476) 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 Environment Scientific Co Cyclically Adjusted PS Ratio Related Terms


Taiwan Environment Scientific Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Taiwan Environment Scientific 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 Environment Scientific Co Cyclically Adjusted PS Ratio Chart

Taiwan Environment Scientific 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 1.29 0.99

Taiwan Environment Scientific 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 1.08 1.00 0.99 1.02 1.38

TPE:8476 vs WM, RSG, WCN: Cyclically Adjusted PS Ratio Comparison

For the Waste Management subindustry, Taiwan Environment Scientific 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 Environment Scientific Co Cyclically Adjusted PS Ratio vs Waste Management Industry

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

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


TPE:8476
65GF Score
Taiwan Environment Scientific Co TPE:8476
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Environment Scientific 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 Environment Scientific Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.90/17.93
=1.11

* 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 Environment Scientific Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Taiwan Environment Scientific 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)
=1.973/333.9520*333.9520
=1.973

Current CPI (Jun. 2026) = 333.9520.

Taiwan Environment Scientific Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 6.870 241.428 9.503
201612 6.964 241.432 9.633
201703 7.274 243.801 9.964
201706 5.061 244.955 6.900
201709 4.919 246.819 6.656
201712 4.732 246.524 6.410
201803 2.880 249.554 3.854
201806 1.453 251.989 1.926
201809 2.713 252.439 3.589
201812 -1.659 251.233 -2.205
201903 1.398 254.202 1.837
201906 2.196 256.143 2.863
201909 2.854 256.759 3.712
201912 2.319 256.974 3.014
202003 2.632 258.115 3.405
202006 1.543 257.797 1.999
202009 1.485 260.280 1.905
202012 2.054 260.474 2.633
202103 1.819 264.877 2.293
202106 2.195 271.696 2.698
202109 1.696 274.310 2.065
202112 7.283 278.802 8.724
202203 6.016 287.504 6.988
202206 7.066 296.311 7.964
202209 9.863 296.808 11.097
202212 12.380 296.797 13.930
202303 2.915 301.836 3.225
202306 7.851 305.109 8.593
202309 4.424 307.789 4.800
202312 1.641 306.746 1.787
202403 1.925 312.332 2.058
202406 7.148 314.175 7.598
202409 4.623 315.301 4.896
202412 1.326 315.605 1.403
202503 1.421 319.799 1.484
202506 2.475 322.561 2.562
202509 1.629 324.800 1.675
202512 1.821 324.054 1.877
202603 2.023 330.213 2.046
202606 1.973 333.952 1.973

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 1.11 mean?
Taiwan Environment Scientific Co (TPE:8476) has a Cyclically Adjusted PS Ratio of 1.11 as of Sep. 12, 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 Environment Scientific Co and its competitors. This is near median its historical median of 1.10. Over the past decade, Taiwan Environment Scientific Co's Cyclically Adjusted PS Ratio has ranged from 0.84 to 3.01. According to the industry distribution chart, Taiwan Environment Scientific Co ranks #61 out of 154 companies in the Waste Management industry, placing it in the top 39.6%.
Is Taiwan Environment Scientific Co's Cyclically Adjusted PS Ratio too high?
Taiwan Environment Scientific Co's current Cyclically Adjusted PS Ratio of 1.11 is near median its 10-year median of 1.10. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 3.01. The Waste Management industry median Cyclically Adjusted PS Ratio is 1.41. Taiwan Environment Scientific Co's value of 1.11 is 21.3% below this industry median. Based on the distribution chart, Taiwan Environment Scientific Co ranks #61 out of 154 companies in the Waste Management industry, which is above the industry midpoint. Overall, Taiwan Environment Scientific Co has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Environment Scientific Co's Cyclically Adjusted PS Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Taiwan Environment Scientific Co ranks #61 out of 154 companies for Cyclically Adjusted PS Ratio. This puts Taiwan Environment Scientific Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.41. Taiwan Environment Scientific Co's value of 1.11 is 21.3% below this benchmark. Historically, Taiwan Environment Scientific Co's own Cyclically Adjusted PS Ratio has ranged from 0.84 to 3.01 over the past decade. While the company's 10-year median is 1.10 vs. the industry median of 1.41, Taiwan Environment Scientific Co 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 Waste Management company?
The median Cyclically Adjusted PS Ratio among Waste Management companies is 1.41, based on 154 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 Environment Scientific Co's current Cyclically Adjusted PS Ratio of 1.11 is 21.3% 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 Taiwan Environment Scientific 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 Environment Scientific Co's current Cyclically Adjusted PS Ratio is 1.11, which is near median its own 10-year median of 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Environment Scientific Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Environment Scientific Co (TPE:8476) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$17.74, compared to a current price of NT$19.90 — trading 12.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.11, which is near median its 10-year median of 1.10 and 21.3% below the Waste Management industry median of 1.41. Taiwan Environment Scientific Co's overall GF Score™ is 65/100 with 11 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 Environment Scientific Co (TPE:8476), the current Cyclically Adjusted PS Ratio is 1.11 as of Sep. 12, 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 Environment Scientific Co (TPE:8476) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Environment Scientific Co stock appears to be overvalued. The current stock price of NT$19.90 is trading 12.2% above its estimated GF Value™ of NT$17.74. GuruFocus considers Taiwan Environment Scientific Co to be Modestly Overvalued.

Key valuation signals for TPE:8476:

  • Cyclically Adjusted PS Ratio: 1.11 (near median its 10-year median of 1.10)
  • GF Value™: NT$17.74 vs. price of NT$19.90 (12.2% above fair value)
  • GF Score™: 65/100 with 11 warning signs
  • Industry Position: 21.3% below the Waste Management median (#61 of 154)

No single metric tells the full story. See the TPE:8476 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Environment Scientific Co Business Description

Address No. 175, Zhongzheng 2nd Road, 30th Floor,-1, Lingya District, Kaohsiung, TWN, 80274
Taiwan Environment Scientific Co is engaged in providing environmental services. The company offers services including soil and groundwater investigation and remediation, pure water and wastewater treatment, and sludge drying systems. The company's reportable segments are; Project which generates key revenue, land resource, and other segments. It generates a majority of its revenue from Taiwan.
65GF Score

Get the complete analysis for TPE:8476

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

NT$19.90
Price
NT$17.74
GF Value