Taiwan Cogeneration (TPE:8926) Cyclically Adjusted Revenue per Share: NT$9.36 (As of Dec. 2025)

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TPE:8926 Taiwan Cogeneration Corp TPE:8926
73 GF Score
Price NT$64.30
GF Value NT$43.57
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Taiwan Cogeneration Cyclically Adjusted Revenue per Share?

Taiwan Cogeneration TPE:8926 -0.62% 73 Cyclically Adjusted Revenue per Share is NT$9.36 as of Dec. 2025. GuruFocus rates TPE:8926 with a GF Score™ of 73/100 and a GF Value™ of NT$43.57 (Significantly Overvalued). 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.

Taiwan Cogeneration's adjusted revenue per share for the three months ended in Dec. 2025 was NT$2.605. 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$9.36 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Taiwan Cogeneration's average Cyclically Adjusted Revenue Growth Rate was 11.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.10% 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 Taiwan Cogeneration was 20.50% per year. The lowest was 10.30% per year. And the median was 10.90% per year.

As of today (2026-07-23), Taiwan Cogeneration's current stock price is NT$64.30. Taiwan Cogeneration's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$9.36. Taiwan Cogeneration's Cyclically Adjusted PS Ratio of today is 6.87.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Taiwan Cogeneration was 8.44. The lowest was 3.82. And the median was 5.57.


Taiwan Cogeneration  (TPE:8926) 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.

Taiwan Cogeneration's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=64.30/9.36
=6.87

* 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 Taiwan Cogeneration was 8.44. The lowest was 3.82. And the median was 5.57.


Be Aware

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


Taiwan Cogeneration Cyclically Adjusted Revenue per Share Related Terms


Taiwan Cogeneration Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Taiwan Cogeneration'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.

Taiwan Cogeneration Cyclically Adjusted Revenue per Share Chart

Taiwan Cogeneration 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 6.28 6.86 7.32 8.43 9.36

Taiwan Cogeneration 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 8.43 8.74 9.05 9.19 9.36

TPE:8926 vs PWR, FIX, EME: Cyclically Adjusted Revenue per Share Comparison

For the Engineering & Construction subindustry, Taiwan Cogeneration'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.


Taiwan Cogeneration Cyclically Adjusted PS Ratio vs Construction Industry

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

* The bar in red indicates where Taiwan Cogeneration's Cyclically Adjusted PS Ratio falls into.


TPE:8926
73GF Score
Taiwan Cogeneration Corp TPE:8926
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Cogeneration 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, Taiwan Cogeneration'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)
=2.605/324.0540*324.0540
=2.605

Current CPI (Dec. 2025) = 324.0540.

Taiwan Cogeneration Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 0.441 238.132 0.600
201606 0.463 241.018 0.623
201609 0.488 241.428 0.655
201612 0.352 241.432 0.472
201703 0.301 243.801 0.400
201706 0.441 244.955 0.583
201709 0.549 246.819 0.721
201712 0.499 246.524 0.656
201803 1.144 249.554 1.486
201806 1.498 251.989 1.926
201809 2.236 252.439 2.870
201812 0.777 251.233 1.002
201903 0.802 254.202 1.022
201906 1.834 256.143 2.320
201909 2.873 256.759 3.626
201912 5.138 256.974 6.479
202003 3.864 258.115 4.851
202006 3.417 257.797 4.295
202009 3.055 260.280 3.804
202012 3.444 260.474 4.285
202103 2.949 264.877 3.608
202106 1.906 271.696 2.273
202109 2.245 274.310 2.652
202112 2.405 278.802 2.795
202203 1.316 287.504 1.483
202206 1.390 296.311 1.520
202209 1.138 296.808 1.242
202212 4.303 296.797 4.698
202303 1.667 301.836 1.790
202306 2.148 305.109 2.281
202309 1.848 307.789 1.946
202312 1.858 306.746 1.963
202403 2.673 312.332 2.773
202406 3.190 314.175 3.290
202409 2.800 315.301 2.878
202412 3.425 315.605 3.517
202503 2.606 319.799 2.641
202506 3.024 322.561 3.038
202509 1.901 324.800 1.897
202512 2.605 324.054 2.605

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$9.36 mean?
Taiwan Cogeneration (TPE:8926) has a Cyclically Adjusted Revenue per Share of NT$9.36 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 Taiwan Cogeneration and its competitors.
Is Taiwan Cogeneration's Cyclically Adjusted Revenue per Share too high?
Taiwan Cogeneration's current Cyclically Adjusted Revenue per Share is NT$9.36. Overall, Taiwan Cogeneration has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Cogeneration's Cyclically Adjusted Revenue per Share compare to PWR and FIX?
Taiwan Cogeneration's Cyclically Adjusted Revenue per Share of NT$9.36 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 Taiwan Cogeneration and its competitors. Taiwan Cogeneration's current Cyclically Adjusted Revenue per Share is NT$9.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Cogeneration stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Cogeneration (TPE:8926) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$43.57, compared to a current price of NT$64.30 — trading 47.6% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$9.36. Taiwan Cogeneration's overall GF Score™ is 73/100 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 Taiwan Cogeneration (TPE:8926), the current Cyclically Adjusted Revenue per Share is NT$9.36 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 Taiwan Cogeneration (TPE:8926) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Cogeneration stock appears to be overvalued. The current stock price of NT$64.30 is trading 47.6% above its estimated GF Value™ of NT$43.57. GuruFocus considers Taiwan Cogeneration to be Significantly Overvalued.

Key valuation signals for TPE:8926:

  • Cyclically Adjusted Revenue per Share: NT$9.36
  • GF Value™: NT$43.57 vs. price of NT$64.30 (47.6% above fair value)
  • GF Score™: 73/100 with 8 warning signs

No single metric tells the full story. See the TPE:8926 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Cogeneration Business Description

Address No. 392, Ruiguang Road, 6th Floor, Neihu District, Taipei, TWN, 11492
Taiwan Cogeneration Corp is engaged in engineering, planning, design, procurement, installation, construction and financial planning of cogeneration systems, environmental protection and fuel procurement for cogeneration systems and related businesses. The Corporation also operates and manages cogeneration plants, provides research and development, technical and consultation services related to cogeneration, and manufactures, assembles, sells, leases, installs and repairs cogeneration equipment. In addition, it invests in cogeneration plants, trades related equipment, engages in power generation businesses other than utility, and performs electric equipment installation. Its revenues are generated from sales from cogeneration plants and revenue from consulting and construction services.
73GF Score

Get the complete analysis for TPE:8926

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

NT$64.30
Price
NT$43.57
GF Value