Bes Engineering Co (TPE:2515) Cyclically Adjusted Revenue per Share: NT$10.84 (As of Mar. 2026)

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TPE:2515 Bes Engineering Co TPE:2515
76 GF Score
Price NT$11.65
GF Value NT$14.82
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Bes Engineering Co Cyclically Adjusted Revenue per Share?

Bes Engineering Co TPE:2515 76 Cyclically Adjusted Revenue per Share is NT$10.84 as of Mar. 2026. GuruFocus rates TPE:2515 with a GF Score™ of 76/100 and a GF Value™ of NT$14.82 (Modestly Undervalued). 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.

Bes Engineering Co's adjusted revenue per share for the three months ended in Mar. 2026 was NT$4.140. 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$10.84 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Bes Engineering Co's average Cyclically Adjusted Revenue Growth Rate was 6.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.80% 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 Bes Engineering Co was 5.10% per year. The lowest was 1.50% per year. And the median was 4.00% per year.

As of today (2026-07-30), Bes Engineering Co's current stock price is NT$11.65. Bes Engineering Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$10.84. Bes Engineering Co's Cyclically Adjusted PS Ratio of today is 1.07.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Bes Engineering Co was 1.66. The lowest was 0.56. And the median was 0.95.


Bes Engineering Co  (TPE:2515) 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.

Bes Engineering Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=11.65/10.84
=1.07

* 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 Bes Engineering Co was 1.66. The lowest was 0.56. And the median was 0.95.


Be Aware

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


Bes Engineering Co Cyclically Adjusted Revenue per Share Related Terms


Bes Engineering Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Bes Engineering 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.

Bes Engineering Co Cyclically Adjusted Revenue per Share Chart

Bes Engineering 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 8.82 9.28 9.59 10.12 10.45

Bes Engineering 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 10.17 10.33 10.41 10.45 10.84

TPE:2515 vs PWR, FIX, EME: Cyclically Adjusted Revenue per Share Comparison

For the Engineering & Construction subindustry, Bes Engineering 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.


Bes Engineering Co Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Bes Engineering Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TPE:2515
76GF Score
Bes Engineering Co TPE:2515
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bes Engineering 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, Bes Engineering 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)
=4.14/330.2130*330.2130
=4.140

Current CPI (Mar. 2026) = 330.2130.

Bes Engineering Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.808 241.018 2.477
201609 1.591 241.428 2.176
201612 1.057 241.432 1.446
201703 1.378 243.801 1.866
201706 1.571 244.955 2.118
201709 1.428 246.819 1.910
201712 1.472 246.524 1.972
201803 1.510 249.554 1.998
201806 1.516 251.989 1.987
201809 1.345 252.439 1.759
201812 1.835 251.233 2.412
201903 1.968 254.202 2.556
201906 1.586 256.143 2.045
201909 1.744 256.759 2.243
201912 2.000 256.974 2.570
202003 1.695 258.115 2.168
202006 2.035 257.797 2.607
202009 1.937 260.280 2.457
202012 2.236 260.474 2.835
202103 2.273 264.877 2.834
202106 2.521 271.696 3.064
202109 2.769 274.310 3.333
202112 2.798 278.802 3.314
202203 2.173 287.504 2.496
202206 1.913 296.311 2.132
202209 2.566 296.808 2.855
202212 2.661 296.797 2.961
202303 2.354 301.836 2.575
202306 2.875 305.109 3.112
202309 2.968 307.789 3.184
202312 3.039 306.746 3.271
202403 2.912 312.332 3.079
202406 3.138 314.175 3.298
202409 3.734 315.301 3.911
202412 4.350 315.605 4.551
202503 3.053 319.799 3.152
202506 2.822 322.561 2.889
202509 2.952 324.800 3.001
202512 3.572 324.054 3.640
202603 4.140 330.213 4.140

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$10.84 mean?
Bes Engineering Co (TPE:2515) has a Cyclically Adjusted Revenue per Share of NT$10.84 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 Bes Engineering Co and its competitors.
Is Bes Engineering Co's Cyclically Adjusted Revenue per Share too high?
Bes Engineering Co's current Cyclically Adjusted Revenue per Share is NT$10.84. Overall, Bes Engineering Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bes Engineering Co's Cyclically Adjusted Revenue per Share compare to PWR and FIX?
Bes Engineering Co's Cyclically Adjusted Revenue per Share of NT$10.84 can be compared against companies in the Construction 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 Construction company?
A good Cyclically Adjusted Revenue per Share depends on the Construction 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 Bes Engineering Co and its competitors. Bes Engineering Co's current Cyclically Adjusted Revenue per Share is NT$10.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bes Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Bes Engineering Co (TPE:2515) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$14.82, compared to a current price of NT$11.65 — trading 21.4% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$10.84. Bes Engineering Co's overall GF Score™ is 76/100 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 Bes Engineering Co (TPE:2515), the current Cyclically Adjusted Revenue per Share is NT$10.84 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 Bes Engineering Co (TPE:2515) Overvalued in 2026?

Based on GuruFocus' analysis, Bes Engineering Co stock appears to be undervalued. The current stock price of NT$11.65 is trading 21.4% below its estimated GF Value™ of NT$14.82. GuruFocus considers Bes Engineering Co to be Modestly Undervalued.

Key valuation signals for TPE:2515:

  • Cyclically Adjusted Revenue per Share: NT$10.84
  • GF Value™: NT$14.82 vs. price of NT$11.65 (21.4% below fair value)
  • GF Score™: 76/100 with 8 warning signs

No single metric tells the full story. See the TPE:2515 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bes Engineering Co Business Description

Address 6th Floor, No. 12, Dongxing Road, Songshan District, Taipei, TWN
Bes Engineering Co engages mainly in civil engineering, building construction, real estate transactions, and the development of industrial districts for the government. Its construction engineering includes super high-rise buildings, high-end residences, department stores, office buildings, factories and offices, medical buildings, schools, gymnasiums, and large-scale community development.
76GF Score

Get the complete analysis for TPE:2515

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

NT$11.65
Price
NT$14.82
GF Value