First Hotel Co (TPE:2706) Cyclically Adjusted Revenue per Share: NT$0.78 (As of Jun. 2026)

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TPE:2706 First Hotel Co Ltd TPE:2706
86 GF Score
Price NT$12.15
GF Value NT$15.83
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is First Hotel Co Cyclically Adjusted Revenue per Share?

First Hotel Co TPE:2706 -0.41% 86 Cyclically Adjusted Revenue per Share is NT$0.78 as of Jun. 2026. GuruFocus rates TPE:2706 with a GF Score™ of 86/100 and a GF Value™ of NT$15.83 (Modestly Undervalued). The stock has 2 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.

First Hotel Co's adjusted revenue per share for the three months ended in Jun. 2026 was NT$0.173. 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$0.78 for the trailing ten years ended in Jun. 2026.

During the past 12 months, First Hotel Co's average Cyclically Adjusted Revenue Growth Rate was 1.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -0.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 0.50% 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 First Hotel Co was 1.30% per year. The lowest was -0.40% per year. And the median was 0.65% per year.

As of today (2026-09-14), First Hotel Co's current stock price is NT$12.15. First Hotel Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was NT$0.78. First Hotel Co's Cyclically Adjusted PS Ratio of today is 15.58.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of First Hotel Co was 23.97. The lowest was 15.52. And the median was 18.72.


First Hotel Co  (TPE:2706) 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.

First Hotel Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=12.15/0.78
=15.58

* 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 First Hotel Co was 23.97. The lowest was 15.52. And the median was 18.72.


Be Aware

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


First Hotel Co Cyclically Adjusted Revenue per Share Related Terms


First Hotel Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for First Hotel 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.

First Hotel Co Cyclically Adjusted Revenue per Share Chart

First Hotel 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 0.76 0.77 0.77 0.77 0.76

First Hotel 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 0.77 0.77 0.76 0.77 0.78

TPE:2706 vs CBRE, BEKE, JLL: Cyclically Adjusted Revenue per Share Comparison

For the Real Estate Services subindustry, First Hotel 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.


First Hotel Co Cyclically Adjusted PS Ratio vs Real Estate Industry

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

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


TPE:2706
86GF Score
First Hotel Co Ltd TPE:2706
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Hotel 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, First Hotel 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)
=0.173/333.9520*333.9520
=0.173

Current CPI (Jun. 2026) = 333.9520.

First Hotel Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.165 241.428 0.228
201612 0.169 241.432 0.234
201703 0.166 243.801 0.227
201706 0.163 244.955 0.222
201709 0.165 246.819 0.223
201712 0.166 246.524 0.225
201803 0.160 249.554 0.214
201806 0.158 251.989 0.209
201809 0.166 252.439 0.220
201812 0.173 251.233 0.230
201903 0.170 254.202 0.223
201906 0.172 256.143 0.224
201909 0.168 256.759 0.219
201912 0.180 256.974 0.234
202003 0.150 258.115 0.194
202006 0.113 257.797 0.146
202009 0.136 260.280 0.174
202012 0.146 260.474 0.187
202103 0.139 264.877 0.175
202106 0.115 271.696 0.141
202109 0.100 274.310 0.122
202112 0.149 278.802 0.178
202203 0.142 287.504 0.165
202206 0.143 296.311 0.161
202209 0.143 296.808 0.161
202212 0.155 296.797 0.174
202303 0.164 301.836 0.181
202306 0.177 305.109 0.194
202309 0.169 307.789 0.183
202312 0.178 306.746 0.194
202403 0.170 312.332 0.182
202406 0.165 314.175 0.175
202409 0.195 315.301 0.207
202412 0.181 315.605 0.192
202503 0.173 319.799 0.181
202506 0.173 322.561 0.179
202509 0.214 324.800 0.220
202512 0.188 324.054 0.194
202603 0.182 330.213 0.184
202606 0.173 333.952 0.173

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$0.78 mean?
First Hotel Co (TPE:2706) has a Cyclically Adjusted Revenue per Share of NT$0.78 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 First Hotel Co and its competitors.
Is First Hotel Co's Cyclically Adjusted Revenue per Share too high?
First Hotel Co's current Cyclically Adjusted Revenue per Share is NT$0.78. Overall, First Hotel Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does First Hotel Co's Cyclically Adjusted Revenue per Share compare to CBRE and BEKE?
First Hotel Co's Cyclically Adjusted Revenue per Share of NT$0.78 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 First Hotel Co and its competitors. First Hotel Co's current Cyclically Adjusted Revenue per Share is NT$0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Hotel Co stock overvalued right now?
Based on GuruFocus' analysis, First Hotel Co (TPE:2706) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$15.83, compared to a current price of NT$12.15 — trading 23.2% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$0.78. First Hotel Co's overall GF Score™ is 86/100 with 2 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 First Hotel Co (TPE:2706), the current Cyclically Adjusted Revenue per Share is NT$0.78 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 First Hotel Co (TPE:2706) Overvalued in 2026?

Based on GuruFocus' analysis, First Hotel Co stock appears to be undervalued. The current stock price of NT$12.15 is trading 23.2% below its estimated GF Value™ of NT$15.83. GuruFocus considers First Hotel Co to be Modestly Undervalued.

Key valuation signals for TPE:2706:

  • Cyclically Adjusted Revenue per Share: NT$0.78
  • GF Value™: NT$15.83 vs. price of NT$12.15 (23.2% below fair value)
  • GF Score™: 86/100 with 2 warning signs

No single metric tells the full story. See the TPE:2706 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Hotel Co Business Description

Address Nanjing East Road, No. 63, Section 2, Taipei, TWN
First Hotel Co Ltd is a Taiwan-based company, that engages in the operation and management of hotels. The reportable segments of the company are the Travel service segment which include tourist hotel service, and the Leasing segment which generates key revenue and includes Rent out commercial buildings. The company operates tourism hotels, which provide spaces for accommodation, catering, parties, fitness centers, and meeting rooms. Its leasing of commercial buildings business mainly includes the leasing of shopping malls. It also provides services like dining halls, restaurants, and online booking services.
86GF Score

Get the complete analysis for TPE:2706

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

NT$12.15
Price
NT$15.83
GF Value