Hsing Ta Cement Co (TPE:1109) Cyclically Adjusted Revenue per Share: NT$20.84 (As of Dec. 2025)

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TPE:1109 Hsing Ta Cement Co Ltd TPE:1109
71 GF Score
Price NT$13.80
GF Value NT$13.46
Valuation Fairly Valued
! 4 Warning Signs
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What is Hsing Ta Cement Co Cyclically Adjusted Revenue per Share?

Hsing Ta Cement Co TPE:1109 -0.36% 71 Cyclically Adjusted Revenue per Share is NT$20.84 as of Dec. 2025. GuruFocus rates TPE:1109 with a GF Score™ of 71/100 and a GF Value™ of NT$13.46 (Fairly Valued). The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Hsing Ta Cement Co's adjusted revenue per share for the three months ended in Dec. 2025 was NT$3.271. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is NT$20.84 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Hsing Ta Cement Co's average Cyclically Adjusted Revenue Growth Rate was 1.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Hsing Ta Cement Co was 12.80% per year. The lowest was 2.40% per year. And the median was 7.35% per year.

As of today (2026-07-25), Hsing Ta Cement Co's current stock price is NT$13.80. Hsing Ta Cement Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$20.84. Hsing Ta Cement Co's Cyclically Adjusted PS Ratio of today is 0.66.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hsing Ta Cement Co was 1.82. The lowest was 0.66. And the median was 0.92.


Hsing Ta Cement Co  (TPE:1109) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Hsing Ta Cement Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=13.80/20.84
=0.66

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hsing Ta Cement Co was 1.82. The lowest was 0.66. And the median was 0.92.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Hsing Ta Cement Co Cyclically Adjusted Revenue per Share Related Terms


Hsing Ta Cement Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Hsing Ta Cement Co's Cyclically Adjusted Revenue per Share 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.

Hsing Ta Cement Co Cyclically Adjusted Revenue per Share Chart

Hsing Ta Cement Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.69 19.40 20.23 20.49 20.84

Hsing Ta Cement 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 Revenue per Share 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 20.49 20.73 20.94 20.99 20.84

TPE:1109 vs CRH, VMC, MLM: Cyclically Adjusted Revenue per Share Comparison

For the Building Materials subindustry, Hsing Ta Cement 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.


Hsing Ta Cement Co Cyclically Adjusted PS Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Hsing Ta Cement Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hsing Ta Cement Co's Cyclically Adjusted PS Ratio falls into.


TPE:1109
71GF Score
Hsing Ta Cement Co Ltd TPE:1109
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hsing Ta Cement Co Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Hsing Ta Cement 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)
=3.271/324.0540*324.0540
=3.271

Current CPI (Dec. 2025) = 324.0540.

Hsing Ta Cement Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 2.434 238.132 3.312
201606 3.129 241.018 4.207
201609 2.812 241.428 3.774
201612 3.659 241.432 4.911
201703 2.692 243.801 3.578
201706 3.703 244.955 4.899
201709 4.083 246.819 5.361
201712 3.906 246.524 5.134
201803 2.940 249.554 3.818
201806 4.881 251.989 6.277
201809 5.410 252.439 6.945
201812 5.752 251.233 7.419
201903 3.961 254.202 5.049
201906 6.506 256.143 8.231
201909 5.970 256.759 7.535
201912 6.407 256.974 8.079
202003 3.394 258.115 4.261
202006 6.117 257.797 7.689
202009 5.690 260.280 7.084
202012 6.903 260.474 8.588
202103 5.280 264.877 6.460
202106 5.490 271.696 6.548
202109 4.304 274.310 5.084
202112 6.451 278.802 7.498
202203 3.612 287.504 4.071
202206 4.902 296.311 5.361
202209 4.887 296.808 5.336
202212 5.001 296.797 5.460
202303 3.902 301.836 4.189
202306 4.969 305.109 5.278
202309 4.658 307.789 4.904
202312 4.765 306.746 5.034
202403 3.207 312.332 3.327
202406 3.990 314.175 4.115
202409 3.076 315.301 3.161
202412 3.283 315.605 3.371
202503 2.889 319.799 2.927
202506 3.672 322.561 3.689
202509 3.142 324.800 3.135
202512 3.271 324.054 3.271

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of NT$20.84 mean?
Hsing Ta Cement Co (TPE:1109) has a Cyclically Adjusted Revenue per Share of NT$20.84 as of Dec. 2025. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Hsing Ta Cement Co and its competitors.
Is Hsing Ta Cement Co's Cyclically Adjusted Revenue per Share too high?
Hsing Ta Cement Co's current Cyclically Adjusted Revenue per Share is NT$20.84. Overall, Hsing Ta Cement Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hsing Ta Cement Co's Cyclically Adjusted Revenue per Share compare to CRH and VMC?
Hsing Ta Cement Co's Cyclically Adjusted Revenue per Share of NT$20.84 can be compared against companies in the Building Materials industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Building Materials company?
A good Cyclically Adjusted Revenue per Share depends on the Building Materials industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Hsing Ta Cement Co and its competitors. Hsing Ta Cement Co's current Cyclically Adjusted Revenue per Share is NT$20.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsing Ta Cement Co stock overvalued right now?
Based on GuruFocus' analysis, Hsing Ta Cement Co (TPE:1109) is currently considered Fairly Valued. The stock's GF Value™ is NT$13.46, compared to a current price of NT$13.80 — trading 2.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$20.84. Hsing Ta Cement Co's overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Hsing Ta Cement Co (TPE:1109), the current Cyclically Adjusted Revenue per Share is NT$20.84 as of Dec. 2025. 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 Hsing Ta Cement Co (TPE:1109) Overvalued in 2026?

Based on GuruFocus' analysis, Hsing Ta Cement Co stock appears to be overvalued. The current stock price of NT$13.80 is trading 2.5% above its estimated GF Value™ of NT$13.46. GuruFocus considers Hsing Ta Cement Co to be Fairly Valued.

Key valuation signals for TPE:1109:

  • Cyclically Adjusted Revenue per Share: NT$20.84
  • GF Value™: NT$13.46 vs. price of NT$13.80 (2.5% above fair value)
  • GF Score™: 71/100 with 4 warning signs

No single metric tells the full story. See the TPE:1109 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hsing Ta Cement Co Business Description

Address Baoqing Road, 7th floor, No.37, Zhongzheng District, Taipei, TWN, 100
Hsing Ta Cement Co Ltd is engaged in quarrying, processing, warehousing, and distribution of minerals, manufacturing, processing, warehousing, and distribution of limestone chemicals, cement products and limestone related industry, treatment of general waste, sales and leasing of real estate, consultancy of building management, etc. It offers products such as Bootland Cement Type I Cement, Botland Type I Low Alkali Cement, Jinghao dry-mixed cement sand type III, and Others. The Company mainly operates businesses in Taiwan and China. It generates the majority of its revenue from China.
71GF Score

Get the complete analysis for TPE:1109

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

NT$13.80
Price
NT$13.46
GF Value