Great Taipei Gas (TPE:9908) Cyclically Adjusted Revenue per Share: NT$8.39 (As of Dec. 2025)

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TPE:9908 Great Taipei Gas Corp TPE:9908
88 GF Score
Price NT$29.10
GF Value NT$31.58
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Great Taipei Gas Cyclically Adjusted Revenue per Share?

Great Taipei Gas TPE:9908 -0.17% 88 Cyclically Adjusted Revenue per Share is NT$8.39 as of Dec. 2025. GuruFocus rates TPE:9908 with a GF Score™ of 88/100 and a GF Value™ of NT$31.58 (Fairly Valued). The stock has 4 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.

Great Taipei Gas's adjusted revenue per share for the three months ended in Dec. 2025 was NT$1.639. 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$8.39 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Great Taipei Gas's average Cyclically Adjusted Revenue Growth Rate was -2.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -4.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -2.90% 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 Great Taipei Gas was -0.20% per year. The lowest was -4.20% per year. And the median was -1.40% per year.

As of today (2026-07-20), Great Taipei Gas's current stock price is NT$29.10. Great Taipei Gas's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$8.39. Great Taipei Gas's Cyclically Adjusted PS Ratio of today is 3.47.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Great Taipei Gas was 3.81. The lowest was 2.87. And the median was 3.44.


Great Taipei Gas  (TPE:9908) 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.

Great Taipei Gas's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=29.10/8.39
=3.47

* 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 Great Taipei Gas was 3.81. The lowest was 2.87. And the median was 3.44.


Be Aware

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


Great Taipei Gas Cyclically Adjusted Revenue per Share Related Terms


Great Taipei Gas Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Great Taipei Gas'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.

Great Taipei Gas Cyclically Adjusted Revenue per Share Chart

Great Taipei Gas 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 9.65 9.54 9.14 8.61 8.39

Great Taipei Gas 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 8.61 8.58 8.54 8.51 8.39

TPE:9908 vs ATO, NI, UGI: Cyclically Adjusted Revenue per Share Comparison

For the Utilities - Regulated Gas subindustry, Great Taipei Gas'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.


Great Taipei Gas Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Great Taipei Gas's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Great Taipei Gas's Cyclically Adjusted PS Ratio falls into.


TPE:9908
88GF Score
Great Taipei Gas Corp TPE:9908
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Great Taipei Gas 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, Great Taipei Gas'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)
=1.639/324.0540*324.0540
=1.639

Current CPI (Dec. 2025) = 324.0540.

Great Taipei Gas Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 2.084 238.132 2.836
201606 1.723 241.018 2.317
201609 1.558 241.428 2.091
201612 0.933 241.432 1.252
201703 1.971 243.801 2.620
201706 1.800 244.955 2.381
201709 1.649 246.819 2.165
201712 1.938 246.524 2.547
201803 2.176 249.554 2.826
201806 1.951 251.989 2.509
201809 1.844 252.439 2.367
201812 2.113 251.233 2.725
201903 2.359 254.202 3.007
201906 2.203 256.143 2.787
201909 1.896 256.759 2.393
201912 1.982 256.974 2.499
202003 2.234 258.115 2.805
202006 1.704 257.797 2.142
202009 1.490 260.280 1.855
202012 1.617 260.474 2.012
202103 1.830 264.877 2.239
202106 1.500 271.696 1.789
202109 1.339 274.310 1.582
202112 1.633 278.802 1.898
202203 1.788 287.504 2.015
202206 1.643 296.311 1.797
202209 1.469 296.808 1.604
202212 1.745 296.797 1.905
202303 1.856 301.836 1.993
202306 1.612 305.109 1.712
202309 1.495 307.789 1.574
202312 1.951 306.746 2.061
202403 1.855 312.332 1.925
202406 1.623 314.175 1.674
202409 1.460 315.301 1.501
202412 1.685 315.605 1.730
202503 1.884 319.799 1.909
202506 1.679 322.561 1.687
202509 1.525 324.800 1.521
202512 1.639 324.054 1.639

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$8.39 mean?
Great Taipei Gas (TPE:9908) has a Cyclically Adjusted Revenue per Share of NT$8.39 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 Great Taipei Gas and its competitors.
Is Great Taipei Gas' Cyclically Adjusted Revenue per Share too high?
Great Taipei Gas' current Cyclically Adjusted Revenue per Share is NT$8.39. Overall, Great Taipei Gas has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Great Taipei Gas' Cyclically Adjusted Revenue per Share compare to ATO and NI?
Great Taipei Gas' Cyclically Adjusted Revenue per Share of NT$8.39 can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Cyclically Adjusted Revenue per Share depends on the Utilities - Regulated 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 Great Taipei Gas and its competitors. Great Taipei Gas's current Cyclically Adjusted Revenue per Share is NT$8.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great Taipei Gas stock overvalued right now?
Based on GuruFocus' analysis, Great Taipei Gas (TPE:9908) is currently considered Fairly Valued. The stock's GF Value™ is NT$31.58, compared to a current price of NT$29.10 — trading 7.9% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$8.39. Great Taipei Gas' overall GF Score™ is 88/100 with 4 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 Great Taipei Gas (TPE:9908), the current Cyclically Adjusted Revenue per Share is NT$8.39 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 Great Taipei Gas (TPE:9908) Overvalued in 2026?

Based on GuruFocus' analysis, Great Taipei Gas stock appears to be undervalued. The current stock price of NT$29.10 is trading 7.9% below its estimated GF Value™ of NT$31.58. GuruFocus considers Great Taipei Gas to be Fairly Valued.

Key valuation signals for TPE:9908:

  • Cyclically Adjusted Revenue per Share: NT$8.39
  • GF Value™: NT$31.58 vs. price of NT$29.10 (7.9% below fair value)
  • GF Score™: 88/100 with 4 warning signs

No single metric tells the full story. See the TPE:9908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Great Taipei Gas Business Description

Address No. 35, Lane 11, Guangfu North Raod, 5th Floor, Songshan District, Taipei, TWN, 105
Great Taipei Gas Corp is engaged in the supply of gas, the manufacture and supply of gas equipment and related equipment, the marketing of gas equipment, the sale of meters and gauges (gas meters), the Type I telecommunications business, and the office building rental business. Its operating segments are: Gas sales department, which generates maximum revenue; Equipment department; Investment department; Telecom department; and Others.
88GF Score

Get the complete analysis for TPE:9908

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

NT$29.10
Price
NT$31.58
GF Value