Globe Union Industrial (TPE:9934) Cyclically Adjusted PS Ratio: 0.18 (As of Jul. 19, 2026) — 25% Below Median

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TPE:9934 Globe Union Industrial Corp TPE:9934
68 GF Score
Price NT$10.60
GF Value NT$11.64
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Globe Union Industrial Cyclically Adjusted PS Ratio?

Globe Union Industrial TPE:9934 -1.85% 68 Cyclically Adjusted PS Ratio is 0.18 as of Jul. 19, 2026, which is 25% below its 10-year median of 0.24. GuruFocus rates TPE:9934 with a GF Score™ of 68/100 and a GF Value™ of NT$11.64 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,356 Construction companies, Globe Union Industrial ranks better than 86.5% on this metric.

As of today (2026-07-19), Globe Union Industrial's current share price is NT$10.60. Globe Union Industrial's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$57.94. Globe Union Industrial's Cyclically Adjusted PS Ratio for today is 0.18.

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

TPE:9934' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.24   Max: 0.35
Current: 0.18

During the past years, Globe Union Industrial's highest Cyclically Adjusted PS Ratio was 0.35. The lowest was 0.16. And the median was 0.24.

TPE:9934's Cyclically Adjusted PS Ratio is ranked better than
86.5% of 1356 companies
in the Construction industry
Industry Median: 0.71 vs TPE:9934: 0.18

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.

Globe Union Industrial's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$10.584. 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$57.94 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Globe Union Industrial  (TPE:9934) 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.


Globe Union Industrial Cyclically Adjusted PS Ratio Related Terms


Globe Union Industrial Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Globe Union Industrial'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.

Globe Union Industrial Cyclically Adjusted PS Ratio Chart

Globe Union Industrial 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 0.26 0.22 0.26 0.23 0.17

Globe Union Industrial 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 0.23 0.21 0.17 0.17 0.17

TPE:9934 vs TT, JCI, CARR: Cyclically Adjusted PS Ratio Comparison

For the Building Products & Equipment subindustry, Globe Union Industrial'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.


Globe Union Industrial Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Globe Union Industrial's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Globe Union Industrial's Cyclically Adjusted PS Ratio falls into.


TPE:9934
68GF Score
Globe Union Industrial Corp TPE:9934
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Globe Union Industrial 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.

Globe Union Industrial's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.60/57.94
=0.18

* 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.

Globe Union Industrial's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Globe Union Industrial'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)
=10.584/324.0540*324.0540
=10.584

Current CPI (Dec. 2025) = 324.0540.

Globe Union Industrial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 13.065 238.132 17.779
201606 14.517 241.018 19.518
201609 12.747 241.428 17.110
201612 12.746 241.432 17.108
201703 12.063 243.801 16.034
201706 12.473 244.955 16.501
201709 12.112 246.819 15.902
201712 11.885 246.524 15.623
201803 11.680 249.554 15.167
201806 12.651 251.989 16.269
201809 11.929 252.439 15.313
201812 11.786 251.233 15.202
201903 11.917 254.202 15.192
201906 11.872 256.143 15.020
201909 12.022 256.759 15.173
201912 11.195 256.974 14.117
202003 10.420 258.115 13.082
202006 9.709 257.797 12.204
202009 13.378 260.280 16.656
202012 13.267 260.474 16.505
202103 13.779 264.877 16.857
202106 13.429 271.696 16.017
202109 13.481 274.310 15.926
202112 13.072 278.802 15.194
202203 14.579 287.504 16.432
202206 14.540 296.311 15.901
202209 13.364 296.808 14.591
202212 13.208 296.797 14.421
202303 12.408 301.836 13.321
202306 11.534 305.109 12.250
202309 11.814 307.789 12.438
202312 10.358 306.746 10.942
202403 10.489 312.332 10.883
202406 11.870 314.175 12.243
202409 12.622 315.301 12.972
202412 10.610 315.605 10.894
202503 10.649 319.799 10.791
202506 10.715 322.561 10.765
202509 10.526 324.800 10.502
202512 10.584 324.054 10.584

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 0.18 mean?
Globe Union Industrial (TPE:9934) has a Cyclically Adjusted PS Ratio of 0.18 as of Jul. 19, 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 Globe Union Industrial and its competitors. This is 25% below median its historical median of 0.24. Over the past decade, Globe Union Industrial's Cyclically Adjusted PS Ratio has ranged from 0.16 to 0.35. According to the industry distribution chart, Globe Union Industrial ranks #183 out of 1356 companies in the Construction industry, placing it in the top 13.5%.
Is Globe Union Industrial's Cyclically Adjusted PS Ratio too high?
Globe Union Industrial's current Cyclically Adjusted PS Ratio of 0.18 is 25% below median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.35. The Construction industry median Cyclically Adjusted PS Ratio is 0.71. Globe Union Industrial's value of 0.18 is 74.6% below this industry median. Based on the distribution chart, Globe Union Industrial ranks #183 out of 1356 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Globe Union Industrial has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Globe Union Industrial's Cyclically Adjusted PS Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Globe Union Industrial ranks #183 out of 1356 companies for Cyclically Adjusted PS Ratio. This places Globe Union Industrial in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.71. Globe Union Industrial's value of 0.18 is 74.6% below this benchmark. Historically, Globe Union Industrial's own Cyclically Adjusted PS Ratio has ranged from 0.16 to 0.35 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 0.71, Globe Union Industrial 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.71, based on 1,356 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. Globe Union Industrial's current Cyclically Adjusted PS Ratio of 0.18 is 74.6% 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 Globe Union Industrial and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globe Union Industrial's current Cyclically Adjusted PS Ratio is 0.18, which is 25% below median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe Union Industrial stock overvalued right now?
Based on GuruFocus' analysis, Globe Union Industrial (TPE:9934) is currently considered Fairly Valued. The stock's GF Value™ is NT$11.64, compared to a current price of NT$10.60 — trading 8.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.18, which is 25% below median its 10-year median of 0.24 and 74.6% below the Construction industry median of 0.71. Globe Union Industrial's overall GF Score™ is 68/100 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 Globe Union Industrial (TPE:9934), the current Cyclically Adjusted PS Ratio is 0.18 as of Jul. 19, 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 Globe Union Industrial (TPE:9934) Overvalued in 2026?

Based on GuruFocus' analysis, Globe Union Industrial stock appears to be undervalued. The current stock price of NT$10.60 is trading 8.9% below its estimated GF Value™ of NT$11.64. GuruFocus considers Globe Union Industrial to be Fairly Valued.

Key valuation signals for TPE:9934:

  • Cyclically Adjusted PS Ratio: 0.18 (25% below median its 10-year median of 0.24)
  • GF Value™: NT$11.64 vs. price of NT$10.60 (8.9% below fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 74.6% below the Construction median (#183 of 1356)

No single metric tells the full story. See the TPE:9934 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Globe Union Industrial Business Description

Address No.22, Chien-Kuo Road, Tanzi District, Taichung, TWN
Globe Union Industrial Corp specializes in the manufacturing and sale of plumbing products. The main products of the company are faucets, showerheads, and vitreous china. It has two segments: Segment A: In charge of selling faucets and other plumbing products and providing related services. Segment B: In charge of manufacturing faucets and other plumbing products. The company operates through geographic segments which consist of Britain, Mainland China, United States, and Canada, and the majority of revenue comes from the United States segment.
68GF Score

Get the complete analysis for TPE:9934

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

NT$10.60
Price
NT$11.64
GF Value