Evergreen Steel (TPE:2211) PS Ratio: 2.57 (As of Jul. 20, 2026) — Near Median

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:2211 Evergreen Steel Corp TPE:2211
95 GF Score
Price NT$94.20
GF Value NT$104.50
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Evergreen Steel PS Ratio?

Evergreen Steel TPE:2211 -1.05% 95 PS Ratio is 2.57 as of Jul. 20, 2026, which is 3% above its 10-year median of 2.50. GuruFocus rates TPE:2211 with a GF Score™ of 95/100 and a GF Value™ of NT$104.50 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 610 Steel companies, Evergreen Steel ranks worse than 88.85% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Evergreen Steel's share price is NT$94.20. Evergreen Steel's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was NT$36.70. Hence, Evergreen Steel's PS Ratio for today is 2.57.

Good Sign:

Evergreen Steel Corp stock PS Ratio (=2.57) is close to 1-year low of 2.37.

The historical rank and industry rank for Evergreen Steel's PS Ratio or its related term are showing as below:

TPE:2211' s PS Ratio Range Over the Past 10 Years
Min: 1.46   Med: 2.5   Max: 5.48
Current: 2.57

During the past 10 years, Evergreen Steel's highest PS Ratio was 5.48. The lowest was 1.46. And the median was 2.50.

TPE:2211's PS Ratio is ranked worse than
88.85% of 610 companies
in the Steel industry
Industry Median: 0.59 vs TPE:2211: 2.57

Evergreen Steel's Revenue per Sharefor the three months ended in Dec. 2025 was NT$9.13. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was NT$36.70.

During the past 12 months, the average Revenue per Share Growth Rate of Evergreen Steel was 18.60% per year. During the past 3 years, the average Revenue per Share Growth Rate was 10.20% per year. During the past 5 years, the average Revenue per Share Growth Rate was 5.70% per year.

During the past 10 years, Evergreen Steel's highest 3-Year average Revenue per Share Growth Rate was 10.20% per year. The lowest was -5.10% per year. And the median was 3.90% per year.

Back to Basics: PS Ratio


Evergreen Steel  (TPE:2211) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Evergreen Steel PS Ratio Related Terms


Evergreen Steel PS Ratio Historical Data

* Premium members only.

The historical data trend for Evergreen Steel's PS Ratio 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.

Evergreen Steel PS Ratio Chart

Evergreen Steel Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.66 1.88 3.91 2.88 2.63

Evergreen Steel Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
PS Ratio 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 2.88 2.63 2.49 2.70 2.63

TPE:2211 vs NUE, STLD, RS: PS Ratio Comparison

For the Steel subindustry, Evergreen Steel's PS Ratio, along with its competitors' market caps and 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.


Evergreen Steel PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Evergreen Steel's PS Ratio distribution charts can be found below:

* The bar in red indicates where Evergreen Steel's PS Ratio falls into.


TPE:2211
95GF Score
Evergreen Steel Corp TPE:2211
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Evergreen Steel PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Evergreen Steel's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=94.20/36.696
=2.57

Evergreen Steel's Share Price of today is NT$94.20.
Evergreen Steel's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$36.70.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 2.57 mean?
Evergreen Steel (TPE:2211) has a PS Ratio of 2.57 as of Jul. 20, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Evergreen Steel and its competitors. This is near median its historical median of 2.50. Over the past decade, Evergreen Steel's PS Ratio has ranged from 1.46 to 5.48. According to the industry distribution chart, Evergreen Steel ranks #542 out of 610 companies in the Steel industry, placing it in the top 88.9%.
Is Evergreen Steel's PS Ratio too high?
Evergreen Steel's current PS Ratio of 2.57 is near median its 10-year median of 2.50. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 5.48. The Steel industry median PS Ratio is 0.59. Evergreen Steel's value of 2.57 is 335.6% above this industry median. Based on the distribution chart, Evergreen Steel ranks #542 out of 610 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Evergreen Steel has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Evergreen Steel's PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Evergreen Steel ranks #542 out of 610 companies for PS Ratio. This places Evergreen Steel in the lower half of its industry. The industry median PS Ratio is 0.59. Evergreen Steel's value of 2.57 is 335.6% above this benchmark. Historically, Evergreen Steel's own PS Ratio has ranged from 1.46 to 5.48 over the past decade. While the company's 10-year median is 2.50 vs. the industry median of 0.59, Evergreen Steel has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PS Ratio for a Steel company?
The median PS Ratio among Steel companies is 0.59, based on 610 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Evergreen Steel's current PS Ratio of 2.57 is 335.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Evergreen Steel and its competitors. For the Steel industry, the median PS Ratio is 0.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evergreen Steel's current PS Ratio is 2.57, which is near median its own 10-year median of 2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evergreen Steel stock overvalued right now?
Based on GuruFocus' analysis, Evergreen Steel (TPE:2211) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$104.50, compared to a current price of NT$94.20 — trading 9.9% below its estimated fair value. The current PS Ratio is 2.57, which is near median its 10-year median of 2.50 and 335.6% above the Steel industry median of 0.59. Evergreen Steel's overall GF Score™ is 95/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Evergreen Steel (TPE:2211), the current PS Ratio is 2.57 as of Jul. 20, 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 Evergreen Steel (TPE:2211) Overvalued in 2026?

Based on GuruFocus' analysis, Evergreen Steel stock appears to be undervalued. The current stock price of NT$94.20 is trading 9.9% below its estimated GF Value™ of NT$104.50. GuruFocus considers Evergreen Steel to be Modestly Undervalued.

Key valuation signals for TPE:2211:

  • PS Ratio: 2.57 (near median its 10-year median of 2.50)
  • GF Value™: NT$104.50 vs. price of NT$94.20 (9.9% below fair value)
  • GF Score™: 95/100 with 2 warning signs
  • Industry Position: 335.6% above the Steel median (#542 of 610)

No single metric tells the full story. See the TPE:2211 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Evergreen Steel Business Description

Address Chang\'an East Road, 11th Floor, No. 100, Section 2, Zhongshan District, Taipei, TWN, 10491
Evergreen Steel Corp is engaged in steel structure engineering and related construction services. Its operations include the design, manufacture, and installation of steel structures for high-rise buildings, factories, bridges, and other special construction projects. The company also provides container inspection, maintenance, and repair services for shipping companies.
95GF Score

Get the complete analysis for TPE:2211

PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$94.20
Price
NT$104.50
GF Value