Hiyes International Co (TPE:2348) Cyclically Adjusted Revenue per Share: NT$33.67 (As of Jun. 2026)

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TPE:2348 Hiyes International Co Ltd TPE:2348
82 GF Score
Price NT$71.10
GF Value NT$96.09
Valuation Modestly Undervalued
! 12 Warning Signs
View Full Analysis

What is Hiyes International Co Cyclically Adjusted Revenue per Share?

Hiyes International Co TPE:2348 +1.43% 82 Cyclically Adjusted Revenue per Share is NT$33.67 as of Jun. 2026. GuruFocus rates TPE:2348 with a GF Score™ of 82/100 and a GF Value™ of NT$96.09 (Modestly Undervalued). The stock has 12 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.

Hiyes International Co's adjusted revenue per share for the three months ended in Jun. 2026 was NT$11.348. 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$33.67 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Hiyes International Co's average Cyclically Adjusted Revenue Growth Rate was 17.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 22.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 23.70% 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 Hiyes International Co was 26.60% per year. The lowest was 2.00% per year. And the median was 23.40% per year.

As of today (2026-08-26), Hiyes International Co's current stock price is NT$71.10. Hiyes International Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was NT$33.67. Hiyes International Co's Cyclically Adjusted PS Ratio of today is 2.11.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hiyes International Co was 12.09. The lowest was 1.79. And the median was 3.58.


Hiyes International Co  (TPE:2348) 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.

Hiyes International Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=71.10/33.67
=2.11

* 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 Hiyes International Co was 12.09. The lowest was 1.79. And the median was 3.58.


Be Aware

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


Hiyes International Co Cyclically Adjusted Revenue per Share Related Terms


Hiyes International Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Hiyes International 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.

Hiyes International Co Cyclically Adjusted Revenue per Share Chart

Hiyes International 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 13.09 16.69 21.34 26.53 30.96

Hiyes International Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 28.74 29.31 30.96 32.27 33.67

TPE:2348 vs CBRE, BEKE, JLL: Cyclically Adjusted Revenue per Share Comparison

For the Real Estate Services subindustry, Hiyes International 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.


Hiyes International Co Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Hiyes International Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hiyes International Co's Cyclically Adjusted PS Ratio falls into.


TPE:2348
82GF Score
Hiyes International Co Ltd TPE:2348
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hiyes International 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, Hiyes International Co's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=11.348/333.9520*333.9520
=11.348

Current CPI (Jun. 2026) = 333.9520.

Hiyes International Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.573 241.428 0.793
201612 1.130 241.432 1.563
201703 0.722 243.801 0.989
201706 1.475 244.955 2.011
201709 1.321 246.819 1.787
201712 2.057 246.524 2.787
201803 1.631 249.554 2.183
201806 1.521 251.989 2.016
201809 2.459 252.439 3.253
201812 2.381 251.233 3.165
201903 1.383 254.202 1.817
201906 1.801 256.143 2.348
201909 2.898 256.759 3.769
201912 5.327 256.974 6.923
202003 3.390 258.115 4.386
202006 3.975 257.797 5.149
202009 6.947 260.280 8.913
202012 8.744 260.474 11.211
202103 8.109 264.877 10.224
202106 6.619 271.696 8.136
202109 7.021 274.310 8.548
202112 17.334 278.802 20.763
202203 7.782 287.504 9.039
202206 7.155 296.311 8.064
202209 7.298 296.808 8.211
202212 9.804 296.797 11.031
202303 4.085 301.836 4.520
202306 8.819 305.109 9.653
202309 9.925 307.789 10.769
202312 26.138 306.746 28.456
202403 14.402 312.332 15.399
202406 9.552 314.175 10.153
202409 11.920 315.301 12.625
202412 27.087 315.605 28.662
202503 10.772 319.799 11.249
202506 9.591 322.561 9.930
202509 7.362 324.800 7.569
202512 18.393 324.054 18.955
202603 8.203 330.213 8.296
202606 11.348 333.952 11.348

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$33.67 mean?
Hiyes International Co (TPE:2348) has a Cyclically Adjusted Revenue per Share of NT$33.67 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Hiyes International Co and its competitors.
Is Hiyes International Co's Cyclically Adjusted Revenue per Share too high?
Hiyes International Co's current Cyclically Adjusted Revenue per Share is NT$33.67. Overall, Hiyes International Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hiyes International Co's Cyclically Adjusted Revenue per Share compare to CBRE and BEKE?
Hiyes International Co's Cyclically Adjusted Revenue per Share of NT$33.67 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted Revenue per Share depends on the Real Estate 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 Hiyes International Co and its competitors. Hiyes International Co's current Cyclically Adjusted Revenue per Share is NT$33.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiyes International Co stock overvalued right now?
Based on GuruFocus' analysis, Hiyes International Co (TPE:2348) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$96.09, compared to a current price of NT$71.10 — trading 26% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$33.67. Hiyes International Co's overall GF Score™ is 82/100 with 12 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 Hiyes International Co (TPE:2348), the current Cyclically Adjusted Revenue per Share is NT$33.67 as of Jun. 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 Hiyes International Co (TPE:2348) Overvalued in 2026?

Based on GuruFocus' analysis, Hiyes International Co stock appears to be undervalued. The current stock price of NT$71.10 is trading 26% below its estimated GF Value™ of NT$96.09. GuruFocus considers Hiyes International Co to be Modestly Undervalued.

Key valuation signals for TPE:2348:

  • Cyclically Adjusted Revenue per Share: NT$33.67
  • GF Value™: NT$96.09 vs. price of NT$71.10 (26% below fair value)
  • GF Score™: 82/100 with 12 warning signs

No single metric tells the full story. See the TPE:2348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hiyes International Co Business Description

Address No. 260, Dunhua North Road, 7th Floor, Songshan District, Taipei, TWN
Hiyes International Co Ltd operates in the real estate industry. The Company has two reporting segments: the agency sales segment of real estate, and the construction segment, in which the former engages in the brokerage of real estate sales, and the construction segment engages in the operation and construction of residential houses, sales of real estate, and other related businesses.
82GF Score

Get the complete analysis for TPE:2348

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

NT$71.10
Price
NT$96.09
GF Value