Tidehold Development Co (TPE:9902) Cyclically Adjusted PS Ratio: 4.61 (As of Jul. 20, 2026) — 20% Below Median

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TPE:9902 Tidehold Development Co Ltd TPE:9902
70 GF Score
Price NT$13.50
GF Value NT$26.02
Valuation Possible Value Trap
! 2 Warning Signs
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What is Tidehold Development Co Cyclically Adjusted PS Ratio?

Tidehold Development Co TPE:9902 -2.88% 70 Cyclically Adjusted PS Ratio is 4.61 as of Jul. 20, 2026, which is 20% below its 10-year median of 5.76. GuruFocus rates TPE:9902 with a GF Score™ of 70/100 and a GF Value™ of NT$26.02 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,362 Real Estate companies, Tidehold Development Co ranks worse than 73.2% on this metric.

As of today (2026-07-20), Tidehold Development Co's current share price is NT$13.50. Tidehold Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$2.93. Tidehold Development Co's Cyclically Adjusted PS Ratio for today is 4.61.

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

TPE:9902' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.28   Med: 5.76   Max: 8.78
Current: 4.61

During the past years, Tidehold Development Co's highest Cyclically Adjusted PS Ratio was 8.78. The lowest was 3.28. And the median was 5.76.

TPE:9902's Cyclically Adjusted PS Ratio is ranked worse than
73.2% of 1362 companies
in the Real Estate industry
Industry Median: 1.83 vs TPE:9902: 4.61

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.

Tidehold Development Co's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$2.494. 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$2.93 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tidehold Development Co  (TPE:9902) 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.


Tidehold Development Co Cyclically Adjusted PS Ratio Related Terms


Tidehold Development Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tidehold Development 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.

Tidehold Development Co Cyclically Adjusted PS Ratio Chart

Tidehold Development 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 6.06 5.37 5.15 5.95 5.75

Tidehold Development Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 5.95 5.35 6.79 5.79 5.75

TPE:9902 vs CBRE, BEKE, JLL: Cyclically Adjusted PS Ratio Comparison

For the Real Estate Services subindustry, Tidehold Development 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.


Tidehold Development Co Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Tidehold Development Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TPE:9902
70GF Score
Tidehold Development Co Ltd TPE:9902
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tidehold Development 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.

Tidehold Development Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.50/2.93
=4.61

* 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.

Tidehold Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Tidehold Development Co's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=2.494/324.0540*324.0540
=2.494

Current CPI (Dec. 2025) = 324.0540.

Tidehold Development Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 0.176 238.132 0.240
201606 0.187 241.018 0.251
201609 0.052 241.428 0.070
201612 0.447 241.432 0.600
201703 0.039 243.801 0.052
201706 0.216 244.955 0.286
201709 0.160 246.819 0.210
201712 0.302 246.524 0.397
201803 0.186 249.554 0.242
201806 0.094 251.989 0.121
201809 0.243 252.439 0.312
201812 0.835 251.233 1.077
201903 0.227 254.202 0.289
201906 0.333 256.143 0.421
201909 0.418 256.759 0.528
201912 1.683 256.974 2.122
202003 0.829 258.115 1.041
202006 1.091 257.797 1.371
202009 0.669 260.280 0.833
202012 1.794 260.474 2.232
202103 0.620 264.877 0.759
202106 1.495 271.696 1.783
202109 0.436 274.310 0.515
202112 1.749 278.802 2.033
202203 0.149 287.504 0.168
202206 0.355 296.311 0.388
202209 0.201 296.808 0.219
202212 1.031 296.797 1.126
202303 0.392 301.836 0.421
202306 0.256 305.109 0.272
202309 0.442 307.789 0.465
202312 1.919 306.746 2.027
202403 1.457 312.332 1.512
202406 0.215 314.175 0.222
202409 0.080 315.301 0.082
202412 0.709 315.605 0.728
202503 0.644 319.799 0.653
202506 0.509 322.561 0.511
202509 0.212 324.800 0.212
202512 2.494 324.054 2.494

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 4.61 mean?
Tidehold Development Co (TPE:9902) has a Cyclically Adjusted PS Ratio of 4.61 as of Jul. 20, 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 Tidehold Development Co and its competitors. This is 20% below median its historical median of 5.76. Over the past decade, Tidehold Development Co's Cyclically Adjusted PS Ratio has ranged from 3.28 to 8.78. According to the industry distribution chart, Tidehold Development Co ranks #997 out of 1362 companies in the Real Estate industry, placing it in the top 73.2%.
Is Tidehold Development Co's Cyclically Adjusted PS Ratio too high?
Tidehold Development Co's current Cyclically Adjusted PS Ratio of 4.61 is 20% below median its 10-year median of 5.76. Over the past 10 years, this metric has ranged from a low of 3.28 to a high of 8.78. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.83. Tidehold Development Co's value of 4.61 is 151.9% above this industry median. Based on the distribution chart, Tidehold Development Co ranks #997 out of 1362 companies in the Real Estate industry, which is below the industry midpoint. Overall, Tidehold Development Co has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tidehold Development Co's Cyclically Adjusted PS Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Tidehold Development Co ranks #997 out of 1362 companies for Cyclically Adjusted PS Ratio. This places Tidehold Development Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.83. Tidehold Development Co's value of 4.61 is 151.9% above this benchmark. Historically, Tidehold Development Co's own Cyclically Adjusted PS Ratio has ranged from 3.28 to 8.78 over the past decade. While the company's 10-year median is 5.76 vs. the industry median of 1.83, Tidehold Development 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.83, based on 1,362 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. Tidehold Development Co's current Cyclically Adjusted PS Ratio of 4.61 is 151.9% 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 Tidehold Development Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tidehold Development Co's current Cyclically Adjusted PS Ratio is 4.61, which is 20% below median its own 10-year median of 5.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tidehold Development Co stock overvalued right now?
Based on GuruFocus' analysis, Tidehold Development Co (TPE:9902) is currently considered Possible Value Trap. The stock's GF Value™ is NT$26.02, compared to a current price of NT$13.50 — trading 48.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.61, which is 20% below median its 10-year median of 5.76 and 151.9% above the Real Estate industry median of 1.83. Tidehold Development Co's overall GF Score™ is 70/100 with 2 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 Tidehold Development Co (TPE:9902), the current Cyclically Adjusted PS Ratio is 4.61 as of Jul. 20, 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 Tidehold Development Co (TPE:9902) Overvalued in 2026?

Based on GuruFocus' analysis, Tidehold Development Co stock appears to be undervalued. The current stock price of NT$13.50 is trading 48.1% below its estimated GF Value™ of NT$26.02. GuruFocus considers Tidehold Development Co to be Possible Value Trap.

Key valuation signals for TPE:9902:

  • Cyclically Adjusted PS Ratio: 4.61 (20% below median its 10-year median of 5.76)
  • GF Value™: NT$26.02 vs. price of NT$13.50 (48.1% below fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 151.9% above the Real Estate median (#997 of 1362)

No single metric tells the full story. See the TPE:9902 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tidehold Development Co Business Description

Address No. 75, Yanping South Road, 2nd - 3rd Floor, Taipei, TWN
Tidehold Development Co Ltd has focused on the development of construction businesses, international trade, and leasing operations, with the objective of achieving business diversification and risk diversification as part of its long-term Plan. Its products are Imported vehicle sales; Environmental sanitation and cleaning vehicles sales; Construction material sales; Rent revenue; and Others. The company has presence in Taiwan.
70GF Score

Get the complete analysis for TPE:9902

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

NT$13.50
Price
NT$26.02
GF Value