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.
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.
Hsin BA BaTPE:9906 -1.71%64 Cyclically Adjusted PS Ratio is 1.77 as of Jul. 23, 2026, which is 55% below its 10-year median of 3.90. GuruFocus rates TPE:9906 with a GF Score™ of 64/100 and a GF Value™ of NT$23.04 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,358 Construction companies, Hsin BA Ba ranks worse than 77.91% on this metric.
The historical rank and industry rank for Hsin BA Ba's Cyclically Adjusted PS Ratio or its related term are showing as below:
TPE:9906'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.14 Med: 3.9 Max: 11.63
Current: 1.81
During the past years, Hsin BA Ba's highest Cyclically Adjusted PS Ratio was 11.63. The lowest was 1.14. And the median was 3.90.
TPE:9906's Cyclically Adjusted PS Ratio is ranked worse than 77.91% of 1358
companies
in the Construction industry
Industry Median: 0.7
vs TPE:9906: 1.81
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.
Hsin BA Ba's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$9.670. 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$22.64 for the trailing ten years ended in Dec. 2025.
Shiller PE for Stocks: The True Measure of Stock Valuation
Hsin BA Ba (TPE:9906) 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.
Hsin BA Ba Cyclically Adjusted PS Ratio Related Terms
Hsin BA Ba Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Hsin BA Ba'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.
TPE:9906 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison
For the Engineering & Construction subindustry, Hsin BA Ba'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.
Hsin BA Ba Cyclically Adjusted PS Ratio vs Construction Industry
For the Construction industry and Industrials sector, Hsin BA Ba's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Hsin BA Ba's Cyclically Adjusted PS Ratio falls into.
Hsin BA Ba 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.
Hsin BA Ba's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 1.77 mean?
Hsin BA Ba (TPE:9906) has a Cyclically Adjusted PS Ratio of 1.77 as of Jul. 23, 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 Hsin BA Ba and its competitors. This is 55% below median its historical median of 3.90. Over the past decade, Hsin BA Ba's Cyclically Adjusted PS Ratio has ranged from 1.14 to 11.63. According to the industry distribution chart, Hsin BA Ba ranks #1058 out of 1358 companies in the Construction industry, placing it in the top 77.9%.
Is Hsin BA Ba's Cyclically Adjusted PS Ratio too high?
Hsin BA Ba's current Cyclically Adjusted PS Ratio of 1.77 is 55% below median its 10-year median of 3.90. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 11.63. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Hsin BA Ba's value of 1.77 is 152.9% above this industry median. Based on the distribution chart, Hsin BA Ba ranks #1058 out of 1358 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Hsin BA Ba has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hsin BA Ba's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Hsin BA Ba ranks #1058 out of 1358 companies for Cyclically Adjusted PS Ratio. This places Hsin BA Ba in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Hsin BA Ba's value of 1.77 is 152.9% above this benchmark. Historically, Hsin BA Ba's own Cyclically Adjusted PS Ratio has ranged from 1.14 to 11.63 over the past decade. While the company's 10-year median is 3.90 vs. the industry median of 0.70, Hsin BA Ba 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,358 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. Hsin BA Ba's current Cyclically Adjusted PS Ratio of 1.77 is 152.9% 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 Hsin BA Ba and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hsin BA Ba's current Cyclically Adjusted PS Ratio is 1.77, which is 55% below median its own 10-year median of 3.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsin BA Ba stock overvalued right now?
Based on GuruFocus' analysis, Hsin BA Ba (TPE:9906) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$23.04, compared to a current price of NT$40.15 — trading 74.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.77, which is 55% below median its 10-year median of 3.90 and 152.9% above the Construction industry median of 0.70. Hsin BA Ba's overall GF Score™ is 64/100 with 8 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 Hsin BA Ba (TPE:9906), the current Cyclically Adjusted PS Ratio is 1.77 as of Jul. 23, 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 Hsin BA Ba (TPE:9906) Overvalued in 2026?
Based on GuruFocus' analysis, Hsin BA Ba stock appears to be overvalued.
The current stock price of NT$40.15 is trading 74.3% above its estimated GF Value™ of NT$23.04.
GuruFocus considers Hsin BA Ba to be Significantly Overvalued.
Key valuation signals for TPE:9906:
Cyclically Adjusted PS Ratio: 1.77 (55% below median its 10-year median of 3.90)
GF Value™: NT$23.04 vs. price of NT$40.15 (74.3% above fair value)
Industry Position: 152.9% above the Construction median (#1058 of 1358)
No single metric tells the full story. See the TPE:9906 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hsin BA Ba Corp is engaged in designing, planning, and selling commercial and residential buildings. It also provides interior designing services and construction contracting services.
64GF Score
Get the complete analysis for TPE:9906
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:9906 has been successfully added to your 
