Cheng Shin Rubber Industry Co (TPE:2105) Cyclically Adjusted Revenue per Share: NT$38.04 (As of Mar. 2026)

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TPE:2105 Cheng Shin Rubber Industry Co Ltd TPE:2105
73 GF Score
Price NT$30.70
GF Value NT$42.46
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Cheng Shin Rubber Industry Co Cyclically Adjusted Revenue per Share?

Cheng Shin Rubber Industry Co TPE:2105 -0.32% 73 Cyclically Adjusted Revenue per Share is NT$38.04 as of Mar. 2026. GuruFocus rates TPE:2105 with a GF Score™ of 73/100 and a GF Value™ of NT$42.46 (Modestly Undervalued). 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.

Cheng Shin Rubber Industry Co's adjusted revenue per share for the three months ended in Mar. 2026 was NT$7.217. 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$38.04 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Cheng Shin Rubber Industry Co's average Cyclically Adjusted Revenue Growth Rate was -2.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -2.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.90% 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 Cheng Shin Rubber Industry Co was 1.50% per year. The lowest was -2.70% per year. And the median was 0.70% per year.

As of today (2026-07-28), Cheng Shin Rubber Industry Co's current stock price is NT$30.70. Cheng Shin Rubber Industry Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$38.04. Cheng Shin Rubber Industry Co's Cyclically Adjusted PS Ratio of today is 0.81.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Cheng Shin Rubber Industry Co was 1.51. The lowest was 0.77. And the median was 1.00.


Cheng Shin Rubber Industry Co  (TPE:2105) 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.

Cheng Shin Rubber Industry Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=30.70/38.04
=0.81

* 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 Cheng Shin Rubber Industry Co was 1.51. The lowest was 0.77. And the median was 1.00.


Be Aware

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


Cheng Shin Rubber Industry Co Cyclically Adjusted Revenue per Share Related Terms


Cheng Shin Rubber Industry Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Cheng Shin Rubber Industry 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.

Cheng Shin Rubber Industry Co Cyclically Adjusted Revenue per Share Chart

Cheng Shin Rubber Industry 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 40.40 41.09 40.06 38.91 37.85

Cheng Shin Rubber Industry Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 38.93 38.69 38.45 37.85 38.04

TPE:2105 vs ORLY, AZO: Cyclically Adjusted Revenue per Share Comparison

For the Auto Parts subindustry, Cheng Shin Rubber Industry 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.


Cheng Shin Rubber Industry Co Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cheng Shin Rubber Industry Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Cheng Shin Rubber Industry Co's Cyclically Adjusted PS Ratio falls into.


TPE:2105
73GF Score
Cheng Shin Rubber Industry Co Ltd TPE:2105
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cheng Shin Rubber Industry 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, Cheng Shin Rubber Industry Co'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)
=7.217/330.2130*330.2130
=7.217

Current CPI (Mar. 2026) = 330.2130.

Cheng Shin Rubber Industry Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 9.552 241.018 13.087
201609 9.015 241.428 12.330
201612 8.528 241.432 11.664
201703 8.822 243.801 11.949
201706 8.729 244.955 11.767
201709 8.844 246.819 11.832
201712 8.353 246.524 11.189
201803 8.533 249.554 11.291
201806 8.625 251.989 11.302
201809 8.474 252.439 11.085
201812 7.942 251.233 10.439
201903 8.261 254.202 10.731
201906 8.720 256.143 11.242
201909 8.690 256.759 11.176
201912 8.184 256.974 10.516
202003 6.026 258.115 7.709
202006 6.811 257.797 8.724
202009 8.564 260.280 10.865
202012 8.219 260.474 10.420
202103 8.494 264.877 10.589
202106 7.881 271.696 9.578
202109 7.401 274.310 8.909
202112 7.446 278.802 8.819
202203 7.634 287.504 8.768
202206 7.335 296.311 8.174
202209 8.348 296.808 9.288
202212 7.068 296.797 7.864
202303 7.249 301.836 7.931
202306 7.585 305.109 8.209
202309 7.838 307.789 8.409
202312 6.993 306.746 7.528
202403 7.278 312.332 7.695
202406 7.545 314.175 7.930
202409 7.886 315.301 8.259
202412 7.012 315.605 7.337
202503 7.138 319.799 7.370
202506 7.110 322.561 7.279
202509 7.232 324.800 7.353
202512 6.446 324.054 6.569
202603 7.217 330.213 7.217

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$38.04 mean?
Cheng Shin Rubber Industry Co (TPE:2105) has a Cyclically Adjusted Revenue per Share of NT$38.04 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Cheng Shin Rubber Industry Co and its competitors.
Is Cheng Shin Rubber Industry Co's Cyclically Adjusted Revenue per Share too high?
Cheng Shin Rubber Industry Co's current Cyclically Adjusted Revenue per Share is NT$38.04. Overall, Cheng Shin Rubber Industry Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cheng Shin Rubber Industry Co's Cyclically Adjusted Revenue per Share compare to ORLY and AZO?
Cheng Shin Rubber Industry Co's Cyclically Adjusted Revenue per Share of NT$38.04 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Cyclically Adjusted Revenue per Share depends on the Vehicles & Parts 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 Cheng Shin Rubber Industry Co and its competitors. Cheng Shin Rubber Industry Co's current Cyclically Adjusted Revenue per Share is NT$38.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheng Shin Rubber Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Cheng Shin Rubber Industry Co (TPE:2105) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$42.46, compared to a current price of NT$30.70 — trading 27.7% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$38.04. Cheng Shin Rubber Industry Co's overall GF Score™ is 73/100 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 Cheng Shin Rubber Industry Co (TPE:2105), the current Cyclically Adjusted Revenue per Share is NT$38.04 as of Mar. 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 Cheng Shin Rubber Industry Co (TPE:2105) Overvalued in 2026?

Based on GuruFocus' analysis, Cheng Shin Rubber Industry Co stock appears to be undervalued. The current stock price of NT$30.70 is trading 27.7% below its estimated GF Value™ of NT$42.46. GuruFocus considers Cheng Shin Rubber Industry Co to be Modestly Undervalued.

Key valuation signals for TPE:2105:

  • Cyclically Adjusted Revenue per Share: NT$38.04
  • GF Value™: NT$42.46 vs. price of NT$30.70 (27.7% below fair value)
  • GF Score™: 73/100 with 4 warning signs

No single metric tells the full story. See the TPE:2105 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cheng Shin Rubber Industry Co Business Description

Address No. 215, Meigang Road, Dacun Township, Changhua, TWN, 51545
Cheng Shin Rubber Industry Co Ltd makes and sells rubber tires under the CST brand name. The company also sells rubber inner tubes and other rubber products. It includes the Processing, manufacturing, and trading of bicycle tires, electrical vehicle tires, reclaimed rubber, various rubbers, resin, and others. The Business organization is divided into Cheng Shin (Taiwan), MAXXIS (Taiwan) Trading, Cheng Shin (Xiamen), Cheng Shin (China), Petrel (Xiamen), Cheng Shin (Thailand), and other segments based on the nature of each company. The main sources of sales revenue are from manufacturing and sales of bicycle tires, electrical vehicle tires, reclaimed rubber, etc. Its geographical segments are Taiwan, China, the United States, and Others.
73GF Score

Get the complete analysis for TPE:2105

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

NT$30.70
Price
NT$42.46
GF Value