San Far Property (TPE:9946) Cyclically Adjusted PS Ratio: (As of Aug. 03, 2026)

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TPE:9946 San Far Property Ltd TPE:9946
35 GF Score
Price NT$17.80
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What is San Far Property Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


San Far Property  (TPE:9946) 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.


San Far Property Cyclically Adjusted PS Ratio Related Terms


San Far Property Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for San Far Property'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.

San Far Property Cyclically Adjusted PS Ratio Chart

San Far Property 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 1.64 1.27 2.56 2.63 0.00

San Far Property Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.61 2.33 2.39 0.00 0.00

San Far Property Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Diversified subindustry, San Far Property'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.


San Far Property Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, San Far Property's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where San Far Property's Cyclically Adjusted PS Ratio falls into.


TPE:9946
35GF Score
San Far Property Ltd TPE:9946
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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San Far Property 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.

San Far Property's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, San Far Property's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=7.046/330.2130*330.2130
=7.046

Current CPI (Mar. 2026) = 330.2130.

San Far Property Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.440 241.018 3.343
201609 1.799 241.428 2.461
201612 1.353 241.432 1.851
201703 1.235 243.801 1.673
201706 0.313 244.955 0.422
201709 0.694 246.819 0.928
201712 2.415 246.524 3.235
201803 0.837 249.554 1.108
201806 0.880 251.989 1.153
201809 0.895 252.439 1.171
201812 1.866 251.233 2.453
201903 4.281 254.202 5.561
201906 3.809 256.143 4.910
201909 3.162 256.759 4.067
201912 3.337 256.974 4.288
202003 1.595 258.115 2.041
202006 1.212 257.797 1.552
202009 0.781 260.280 0.991
202012 0.798 260.474 1.012
202103 0.435 264.877 0.542
202106 0.899 271.696 1.093
202109 2.204 274.310 2.653
202112 1.683 278.802 1.993
202203 0.641 287.504 0.736
202206 2.402 296.311 2.677
202209 3.093 296.808 3.441
202212 0.780 296.797 0.868
202303 0.483 301.836 0.528
202306 0.684 305.109 0.740
202309 0.689 307.789 0.739
202312 1.104 306.746 1.188
202403 0.922 312.332 0.975
202406 2.405 314.175 2.528
202409 0.752 315.301 0.788
202412 2.104 315.605 2.201
202503 0.093 319.799 0.096
202506 0.099 322.561 0.101
202509 0.086 324.800 0.087
202512 0.000 324.054 0.000
202603 7.046 330.213 7.046

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.


San Far Property Business Description

Address No. 30, Section 3, Bode Road, 12th Floor, Songshan District, Taipei, TWN
San Far Property Ltd is a Taiwan-based real estate company. The main activities of the company include residential and building development, leasing and sales, and real estate leasing.
35GF Score

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

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