Shinkong Insurance Co (TPE:2850) Cyclically Adjusted Revenue per Share: NT$63.95 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:2850 Shinkong Insurance Co Ltd TPE:2850
70 GF Score
Price NT$147.00
GF Value NT$101.84
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Shinkong Insurance Co Cyclically Adjusted Revenue per Share?

Shinkong Insurance Co TPE:2850 70 Cyclically Adjusted Revenue per Share is NT$63.95 as of Dec. 2025. GuruFocus rates TPE:2850 with a GF Score™ of 70/100 and a GF Value™ of NT$101.84 (Significantly Overvalued). The stock has 7 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.

Shinkong Insurance Co's adjusted revenue per share for the three months ended in Dec. 2025 was NT$17.065. 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$63.95 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Shinkong Insurance Co's average Cyclically Adjusted Revenue Growth Rate was 5.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.50% 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 Shinkong Insurance Co was 10.50% per year. The lowest was 6.40% per year. And the median was 8.30% per year.

As of today (2026-07-24), Shinkong Insurance Co's current stock price is NT$147.00. Shinkong Insurance Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$63.95. Shinkong Insurance Co's Cyclically Adjusted PS Ratio of today is 2.30.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Shinkong Insurance Co was 2.32. The lowest was 0.79. And the median was 1.01.


Shinkong Insurance Co  (TPE:2850) 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.

Shinkong Insurance Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=147.00/63.95
=2.30

* 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 Shinkong Insurance Co was 2.32. The lowest was 0.79. And the median was 1.01.


Be Aware

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


Shinkong Insurance Co Cyclically Adjusted Revenue per Share Related Terms


Shinkong Insurance Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Shinkong Insurance 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.

Shinkong Insurance Co Cyclically Adjusted Revenue per Share Chart

Shinkong Insurance 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 47.78 53.08 57.01 60.65 63.95

Shinkong Insurance 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 60.65 61.94 62.89 63.61 63.95

TPE:2850 vs CB, PGR, TRV: Cyclically Adjusted Revenue per Share Comparison

For the Insurance - Property & Casualty subindustry, Shinkong Insurance 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.


Shinkong Insurance Co Cyclically Adjusted PS Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Shinkong Insurance Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TPE:2850
70GF Score
Shinkong Insurance Co Ltd TPE:2850
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shinkong Insurance 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, Shinkong Insurance 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)
=17.065/324.0540*324.0540
=17.065

Current CPI (Dec. 2025) = 324.0540.

Shinkong Insurance Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 9.390 238.132 12.778
201606 10.561 241.018 14.199
201609 10.649 241.428 14.293
201612 9.959 241.432 13.367
201703 10.418 243.801 13.847
201706 11.053 244.955 14.622
201709 11.720 246.819 15.387
201712 10.975 246.524 14.427
201803 12.168 249.554 15.801
201806 11.338 251.989 14.580
201809 11.905 252.439 15.282
201812 11.310 251.233 14.588
201903 11.875 254.202 15.138
201906 11.877 256.143 15.026
201909 13.186 256.759 16.642
201912 12.163 256.974 15.338
202003 11.559 258.115 14.512
202006 12.921 257.797 16.242
202009 13.969 260.280 17.392
202012 13.799 260.474 17.167
202103 14.175 264.877 17.342
202106 14.433 271.696 17.214
202109 14.913 274.310 17.617
202112 14.891 278.802 17.308
202203 14.793 287.504 16.674
202206 14.428 296.311 15.779
202209 15.390 296.808 16.803
202212 15.218 296.797 16.616
202303 14.858 301.836 15.952
202306 16.066 305.109 17.064
202309 16.695 307.789 17.577
202312 15.533 306.746 16.409
202403 16.633 312.332 17.257
202406 16.043 314.175 16.547
202409 16.856 315.301 17.324
202412 16.495 315.605 16.937
202503 16.383 319.799 16.601
202506 16.722 322.561 16.799
202509 18.065 324.800 18.024
202512 17.065 324.054 17.065

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$63.95 mean?
Shinkong Insurance Co (TPE:2850) has a Cyclically Adjusted Revenue per Share of NT$63.95 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 Shinkong Insurance Co and its competitors.
Is Shinkong Insurance Co's Cyclically Adjusted Revenue per Share too high?
Shinkong Insurance Co's current Cyclically Adjusted Revenue per Share is NT$63.95. Overall, Shinkong Insurance Co has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shinkong Insurance Co's Cyclically Adjusted Revenue per Share compare to CB and PGR?
Shinkong Insurance Co's Cyclically Adjusted Revenue per Share of NT$63.95 can be compared against companies in the Insurance 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 an Insurance company?
A good Cyclically Adjusted Revenue per Share depends on the Insurance 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 Shinkong Insurance Co and its competitors. Shinkong Insurance Co's current Cyclically Adjusted Revenue per Share is NT$63.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinkong Insurance Co stock overvalued right now?
Based on GuruFocus' analysis, Shinkong Insurance Co (TPE:2850) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$101.84, compared to a current price of NT$147.00 — trading 44.3% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$63.95. Shinkong Insurance Co's overall GF Score™ is 70/100 with 7 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 Shinkong Insurance Co (TPE:2850), the current Cyclically Adjusted Revenue per Share is NT$63.95 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 Shinkong Insurance Co (TPE:2850) Overvalued in 2026?

Based on GuruFocus' analysis, Shinkong Insurance Co stock appears to be overvalued. The current stock price of NT$147.00 is trading 44.3% above its estimated GF Value™ of NT$101.84. GuruFocus considers Shinkong Insurance Co to be Significantly Overvalued.

Key valuation signals for TPE:2850:

  • Cyclically Adjusted Revenue per Share: NT$63.95
  • GF Value™: NT$101.84 vs. price of NT$147.00 (44.3% above fair value)
  • GF Score™: 70/100 with 7 warning signs

No single metric tells the full story. See the TPE:2850 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinkong Insurance Co Business Description

Address Jianguo North Road, 11th Floor, No. 15, Section 2, Taipei, TWN, 104
Shinkong Insurance Co Ltd is one of the property and casualty insurance company. The product portfolio of the company comprises accident and health insurance, liability insurance, engineering insurance, marine insurance, fire insurance, motor insurance, amd others.
70GF Score

Get the complete analysis for TPE:2850

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

NT$147.00
Price
NT$101.84
GF Value