Iron Force Industrial Co (TPE:2228) Cyclically Adjusted Revenue per Share: NT$66.46 (As of Dec. 2025)

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TPE:2228 Iron Force Industrial Co Ltd TPE:2228
90 GF Score
Price NT$80.00
GF Value NT$92.78
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Iron Force Industrial Co Cyclically Adjusted Revenue per Share?

Iron Force Industrial Co TPE:2228 +0.38% 90 Cyclically Adjusted Revenue per Share is NT$66.46 as of Dec. 2025. GuruFocus rates TPE:2228 with a GF Score™ of 90/100 and a GF Value™ of NT$92.78 (Modestly Undervalued). The stock has 3 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.

Iron Force Industrial Co's adjusted revenue per share for the three months ended in Dec. 2025 was NT$14.301. 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$66.46 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Iron Force Industrial Co'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 2.60% 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 Iron Force Industrial Co was 4.20% per year. The lowest was 2.60% per year. And the median was 3.40% per year.

As of today (2026-07-22), Iron Force Industrial Co's current stock price is NT$80.00. Iron Force Industrial Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$66.46. Iron Force Industrial Co's Cyclically Adjusted PS Ratio of today is 1.20.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Iron Force Industrial Co was 1.86. The lowest was 1.02. And the median was 1.36.


Iron Force Industrial Co  (TPE:2228) 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.

Iron Force Industrial Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=80.00/66.46
=1.20

* 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 Iron Force Industrial Co was 1.86. The lowest was 1.02. And the median was 1.36.


Be Aware

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


Iron Force Industrial Co Cyclically Adjusted Revenue per Share Related Terms


Iron Force Industrial Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Iron Force Industrial 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.

Iron Force Industrial Co Cyclically Adjusted Revenue per Share Chart

Iron Force Industrial 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 58.18 61.46 63.96 65.87 66.46

Iron Force Industrial 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 65.87 66.55 67.00 66.93 66.46

TPE:2228 vs ORLY, AZO: Cyclically Adjusted Revenue per Share Comparison

For the Auto Parts subindustry, Iron Force Industrial 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.


Iron Force Industrial Co Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Iron Force Industrial Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Iron Force Industrial Co's Cyclically Adjusted PS Ratio falls into.


TPE:2228
90GF Score
Iron Force Industrial Co Ltd TPE:2228
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Iron Force Industrial 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, Iron Force Industrial 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)
=14.301/324.0540*324.0540
=14.301

Current CPI (Dec. 2025) = 324.0540.

Iron Force Industrial Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 14.388 238.132 19.579
201606 14.817 241.018 19.922
201609 14.964 241.428 20.085
201612 14.256 241.432 19.135
201703 15.249 243.801 20.269
201706 13.353 244.955 17.665
201709 14.287 246.819 18.758
201712 13.719 246.524 18.034
201803 13.194 249.554 17.133
201806 13.812 251.989 17.762
201809 14.293 252.439 18.348
201812 13.882 251.233 17.906
201903 14.221 254.202 18.129
201906 14.961 256.143 18.928
201909 15.880 256.759 20.042
201912 14.720 256.974 18.562
202003 12.182 258.115 15.294
202006 6.694 257.797 8.414
202009 10.751 260.280 13.385
202012 12.977 260.474 16.145
202103 12.435 264.877 15.213
202106 11.225 271.696 13.388
202109 11.766 274.310 13.900
202112 11.250 278.802 13.076
202203 13.538 287.504 15.259
202206 12.152 296.311 13.290
202209 15.994 296.808 17.462
202212 13.132 296.797 14.338
202303 14.701 301.836 15.783
202306 15.280 305.109 16.229
202309 17.521 307.789 18.447
202312 16.597 306.746 17.533
202403 16.280 312.332 16.891
202406 15.867 314.175 16.366
202409 17.678 315.301 18.169
202412 14.972 315.605 15.373
202503 15.485 319.799 15.691
202506 15.163 322.561 15.233
202509 15.243 324.800 15.208
202512 14.301 324.054 14.301

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$66.46 mean?
Iron Force Industrial Co (TPE:2228) has a Cyclically Adjusted Revenue per Share of NT$66.46 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 Iron Force Industrial Co and its competitors.
Is Iron Force Industrial Co's Cyclically Adjusted Revenue per Share too high?
Iron Force Industrial Co's current Cyclically Adjusted Revenue per Share is NT$66.46. Overall, Iron Force Industrial Co has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Iron Force Industrial Co's Cyclically Adjusted Revenue per Share compare to ORLY and AZO?
Iron Force Industrial Co's Cyclically Adjusted Revenue per Share of NT$66.46 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 Iron Force Industrial Co and its competitors. Iron Force Industrial Co's current Cyclically Adjusted Revenue per Share is NT$66.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iron Force Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Iron Force Industrial Co (TPE:2228) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$92.78, compared to a current price of NT$80.00 — trading 13.8% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$66.46. Iron Force Industrial Co's overall GF Score™ is 90/100 with 3 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 Iron Force Industrial Co (TPE:2228), the current Cyclically Adjusted Revenue per Share is NT$66.46 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 Iron Force Industrial Co (TPE:2228) Overvalued in 2026?

Based on GuruFocus' analysis, Iron Force Industrial Co stock appears to be undervalued. The current stock price of NT$80.00 is trading 13.8% below its estimated GF Value™ of NT$92.78. GuruFocus considers Iron Force Industrial Co to be Modestly Undervalued.

Key valuation signals for TPE:2228:

  • Cyclically Adjusted Revenue per Share: NT$66.46
  • GF Value™: NT$92.78 vs. price of NT$80.00 (13.8% below fair value)
  • GF Score™: 90/100 with 3 warning signs

No single metric tells the full story. See the TPE:2228 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Iron Force Industrial Co Business Description

Address Xintai 5th Road, Section 1, 19 Floor, No. 98, Xizhi District, New Taipei City, TWN, 221
Iron Force Industrial Co Ltd is a Taiwan-based company mainly engaged in manufacturing and trading airbag inflators for automotive safety systems, high-precision metal tubes for seatbelt retractor/pretensioner systems, and trading display fixtures and other metal parts. The majority of its revenue is generated from the manufacturing and sales of automotive safety components. Geographically, the company generates maximum revenue from Mainland China and the rest from Taiwan and Europe.
90GF Score

Get the complete analysis for TPE:2228

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

NT$80.00
Price
NT$92.78
GF Value