Chang Ho Fibre (TPE:1468) Cyclically Adjusted Revenue per Share: NT$6.97 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TPE:1468 Chang Ho Fibre Corp TPE:1468
57 GF Score
Price NT$13.10
GF Value NT$9.74
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Chang Ho Fibre Cyclically Adjusted Revenue per Share?

Chang Ho Fibre TPE:1468 -0.38% 57 Cyclically Adjusted Revenue per Share is NT$6.97 as of Dec. 2025. GuruFocus rates TPE:1468 with a GF Score™ of 57/100 and a GF Value™ of NT$9.74 (Significantly Overvalued). The stock has 6 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.

Chang Ho Fibre's adjusted revenue per share for the three months ended in Dec. 2025 was NT$1.129. 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$6.97 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Chang Ho Fibre's average Cyclically Adjusted Revenue Growth Rate was 3.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.90% 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 Chang Ho Fibre was 6.80% per year. The lowest was 4.30% per year. And the median was 5.65% per year.

As of today (2026-07-29), Chang Ho Fibre's current stock price is NT$13.10. Chang Ho Fibre's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$6.97. Chang Ho Fibre's Cyclically Adjusted PS Ratio of today is 1.88.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Chang Ho Fibre was 3.07. The lowest was 1.62. And the median was 2.15.


Chang Ho Fibre  (TPE:1468) 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.

Chang Ho Fibre's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=13.10/6.97
=1.88

* 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 Chang Ho Fibre was 3.07. The lowest was 1.62. And the median was 2.15.


Be Aware

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


Chang Ho Fibre Cyclically Adjusted Revenue per Share Related Terms


Chang Ho Fibre Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Chang Ho Fibre'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.

Chang Ho Fibre Cyclically Adjusted Revenue per Share Chart

Chang Ho Fibre 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 5.55 6.15 6.38 6.76 6.97

Chang Ho Fibre 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 6.76 6.86 6.90 6.98 6.97

Chang Ho Fibre Cyclically Adjusted Revenue per Share Competitor Comparison

For the Textile Manufacturing subindustry, Chang Ho Fibre'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.


Chang Ho Fibre Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Chang Ho Fibre's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Chang Ho Fibre's Cyclically Adjusted PS Ratio falls into.


TPE:1468
57GF Score
Chang Ho Fibre Corp TPE:1468
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chang Ho Fibre 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, Chang Ho Fibre'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)
=1.129/324.0540*324.0540
=1.129

Current CPI (Dec. 2025) = 324.0540.

Chang Ho Fibre Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 0.947 238.132 1.289
201606 1.083 241.018 1.456
201609 0.655 241.428 0.879
201612 0.864 241.432 1.160
201703 0.977 243.801 1.299
201706 1.012 244.955 1.339
201709 0.781 246.819 1.025
201712 0.818 246.524 1.075
201803 1.064 249.554 1.382
201806 1.822 251.989 2.343
201809 1.479 252.439 1.899
201812 1.426 251.233 1.839
201903 1.468 254.202 1.871
201906 1.797 256.143 2.273
201909 1.461 256.759 1.844
201912 1.485 256.974 1.873
202003 1.518 258.115 1.906
202006 1.481 257.797 1.862
202009 1.346 260.280 1.676
202012 1.464 260.474 1.821
202103 1.499 264.877 1.834
202106 1.947 271.696 2.322
202109 2.194 274.310 2.592
202112 1.812 278.802 2.106
202203 1.985 287.504 2.237
202206 1.916 296.311 2.095
202209 2.627 296.808 2.868
202212 2.267 296.797 2.475
202303 1.718 301.836 1.844
202306 1.740 305.109 1.848
202309 1.456 307.789 1.533
202312 1.617 306.746 1.708
202403 1.556 312.332 1.614
202406 2.143 314.175 2.210
202409 1.549 315.301 1.592
202412 1.484 315.605 1.524
202503 1.536 319.799 1.556
202506 1.309 322.561 1.315
202509 1.172 324.800 1.169
202512 1.129 324.054 1.129

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$6.97 mean?
Chang Ho Fibre (TPE:1468) has a Cyclically Adjusted Revenue per Share of NT$6.97 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 Chang Ho Fibre and its competitors.
Is Chang Ho Fibre's Cyclically Adjusted Revenue per Share too high?
Chang Ho Fibre's current Cyclically Adjusted Revenue per Share is NT$6.97. Overall, Chang Ho Fibre has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chang Ho Fibre's Cyclically Adjusted Revenue per Share compare to competitors?
Chang Ho Fibre's Cyclically Adjusted Revenue per Share of NT$6.97 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted Revenue per Share depends on the Manufacturing - Apparel & Accessories 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 Chang Ho Fibre and its competitors. Chang Ho Fibre's current Cyclically Adjusted Revenue per Share is NT$6.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chang Ho Fibre stock overvalued right now?
Based on GuruFocus' analysis, Chang Ho Fibre (TPE:1468) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$9.74, compared to a current price of NT$13.10 — trading 34.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$6.97. Chang Ho Fibre's overall GF Score™ is 57/100 with 6 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 Chang Ho Fibre (TPE:1468), the current Cyclically Adjusted Revenue per Share is NT$6.97 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 Chang Ho Fibre (TPE:1468) Overvalued in 2026?

Based on GuruFocus' analysis, Chang Ho Fibre stock appears to be overvalued. The current stock price of NT$13.10 is trading 34.5% above its estimated GF Value™ of NT$9.74. GuruFocus considers Chang Ho Fibre to be Significantly Overvalued.

Key valuation signals for TPE:1468:

  • Cyclically Adjusted Revenue per Share: NT$6.97
  • GF Value™: NT$9.74 vs. price of NT$13.10 (34.5% above fair value)
  • GF Score™: 57/100 with 6 warning signs

No single metric tells the full story. See the TPE:1468 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chang Ho Fibre Business Description

Address Nankan Road, No. 277, Section 1, Jinxing Village, Luzhu District, Taoyuan, TWN
Chang Ho Fibre Corp manufactures and sells various fibers, ultra-fine and super-micro fibers, and dyed and finished fabrics. Geographically, the company generates maximum revenue from its customers in Bangladesh, followed by China, Taiwan, South Korea, Laos, and Vietnam. The company's segments include: Domestic Segment; Shaoxing Segment; and Other Divisions. The company's main products include: 10-2000 Danny; Double-shot - Four-sided shot; calico; bonding and gluing; Parachute fabric; and PET bottle recycling.
57GF Score

Get the complete analysis for TPE:1468

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

NT$13.10
Price
NT$9.74
GF Value