Formosan Union Chemical (TPE:1709) Cyclically Adjusted Revenue per Share: NT$22.90 (As of Dec. 2025)

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TPE:1709 Formosan Union Chemical Corp TPE:1709
73 GF Score
Price NT$27.20
GF Value NT$18.50
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Formosan Union Chemical Cyclically Adjusted Revenue per Share?

Formosan Union Chemical TPE:1709 -2.51% 73 Cyclically Adjusted Revenue per Share is NT$22.90 as of Dec. 2025. GuruFocus rates TPE:1709 with a GF Score™ of 73/100 and a GF Value™ of NT$18.50 (Significantly Overvalued). The stock has 8 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.

Formosan Union Chemical's adjusted revenue per share for the three months ended in Dec. 2025 was NT$4.280. 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$22.90 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Formosan Union Chemical's average Cyclically Adjusted Revenue Growth Rate was -0.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -2.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.20% 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 Formosan Union Chemical was -0.60% per year. The lowest was -2.10% per year. And the median was -1.40% per year.

As of today (2026-07-23), Formosan Union Chemical's current stock price is NT$27.20. Formosan Union Chemical's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$22.90. Formosan Union Chemical's Cyclically Adjusted PS Ratio of today is 1.19.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Formosan Union Chemical was 1.27. The lowest was 0.43. And the median was 0.83.


Formosan Union Chemical  (TPE:1709) 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.

Formosan Union Chemical's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=27.20/22.90
=1.19

* 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 Formosan Union Chemical was 1.27. The lowest was 0.43. And the median was 0.83.


Be Aware

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


Formosan Union Chemical Cyclically Adjusted Revenue per Share Related Terms


Formosan Union Chemical Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Formosan Union Chemical'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.

Formosan Union Chemical Cyclically Adjusted Revenue per Share Chart

Formosan Union Chemical 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 24.14 24.44 23.68 23.11 22.90

Formosan Union Chemical 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 23.11 23.19 23.10 23.15 22.90

TPE:1709 vs DOW: Cyclically Adjusted Revenue per Share Comparison

For the Chemicals subindustry, Formosan Union Chemical'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.


Formosan Union Chemical Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Formosan Union Chemical's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TPE:1709
73GF Score
Formosan Union Chemical Corp TPE:1709
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Formosan Union Chemical 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, Formosan Union Chemical'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)
=4.28/324.0540*324.0540
=4.280

Current CPI (Dec. 2025) = 324.0540.

Formosan Union Chemical Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 5.113 238.132 6.958
201606 4.994 241.018 6.715
201609 3.783 241.428 5.078
201612 4.193 241.432 5.628
201703 4.928 243.801 6.550
201706 4.604 244.955 6.091
201709 4.254 246.819 5.585
201712 4.673 246.524 6.143
201803 5.133 249.554 6.665
201806 5.902 251.989 7.590
201809 5.169 252.439 6.635
201812 3.654 251.233 4.713
201903 3.989 254.202 5.085
201906 4.507 256.143 5.702
201909 4.881 256.759 6.160
201912 4.750 256.974 5.990
202003 4.938 258.115 6.199
202006 4.230 257.797 5.317
202009 4.428 260.280 5.513
202012 4.110 260.474 5.113
202103 4.883 264.877 5.974
202106 5.121 271.696 6.108
202109 4.599 274.310 5.433
202112 4.560 278.802 5.300
202203 6.106 287.504 6.882
202206 5.550 296.311 6.070
202209 5.312 296.808 5.800
202212 5.184 296.797 5.660
202303 5.153 301.836 5.532
202306 5.004 305.109 5.315
202309 4.953 307.789 5.215
202312 4.670 306.746 4.934
202403 5.328 312.332 5.528
202406 6.286 314.175 6.484
202409 5.381 315.301 5.530
202412 4.604 315.605 4.727
202503 5.483 319.799 5.556
202506 4.746 322.561 4.768
202509 4.508 324.800 4.498
202512 4.280 324.054 4.280

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$22.90 mean?
Formosan Union Chemical (TPE:1709) has a Cyclically Adjusted Revenue per Share of NT$22.90 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 Formosan Union Chemical and its competitors.
Is Formosan Union Chemical's Cyclically Adjusted Revenue per Share too high?
Formosan Union Chemical's current Cyclically Adjusted Revenue per Share is NT$22.90. Overall, Formosan Union Chemical has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Formosan Union Chemical's Cyclically Adjusted Revenue per Share compare to DOW?
Formosan Union Chemical's Cyclically Adjusted Revenue per Share of NT$22.90 can be compared against companies in the Chemicals 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 Chemicals company?
A good Cyclically Adjusted Revenue per Share depends on the Chemicals 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 Formosan Union Chemical and its competitors. Formosan Union Chemical's current Cyclically Adjusted Revenue per Share is NT$22.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosan Union Chemical stock overvalued right now?
Based on GuruFocus' analysis, Formosan Union Chemical (TPE:1709) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$18.50, compared to a current price of NT$27.20 — trading 47% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$22.90. Formosan Union Chemical's overall GF Score™ is 73/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Formosan Union Chemical (TPE:1709), the current Cyclically Adjusted Revenue per Share is NT$22.90 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 Formosan Union Chemical (TPE:1709) Overvalued in 2026?

Based on GuruFocus' analysis, Formosan Union Chemical stock appears to be overvalued. The current stock price of NT$27.20 is trading 47% above its estimated GF Value™ of NT$18.50. GuruFocus considers Formosan Union Chemical to be Significantly Overvalued.

Key valuation signals for TPE:1709:

  • Cyclically Adjusted Revenue per Share: NT$22.90
  • GF Value™: NT$18.50 vs. price of NT$27.20 (47% above fair value)
  • GF Score™: 73/100 with 8 warning signs

No single metric tells the full story. See the TPE:1709 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Formosan Union Chemical Business Description

Address Liuzhou Street, 7th Floor, No. 80, Wanhua District, Taipei, TWN, 108
Formosan Union Chemical Corp is a Taiwan-based company principally engaged in the production, processing, and trading of chemical products. Its key products are alkyl benzene, nonyl phenol, and hydrogenated hydrocarbon resin and its derivatives. The products are mainly used as raw materials for detergents, surfactants, rubbers, and plastic anti-oxidant agents, among others.
73GF Score

Get the complete analysis for TPE:1709

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

NT$27.20
Price
NT$18.50
GF Value