Iron Force Industrial CoTPE:2228 91 PS Ratio is 1.42 as of Jul. 12, 2026, which is 10% below its 10-year median of 1.58. GuruFocus rates TPE:2228 with a GF Score™ of 91/100 and a GF Value™ of NT$92.69 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,316 Vehicles & Parts companies, Iron Force Industrial Co ranks worse than 65.35% 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, Iron Force Industrial Co's share price is NT$85.40.
Iron Force Industrial Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was NT$60.19. Hence, Iron Force Industrial Co's PS Ratio for today is 1.42.
Good Sign:
Iron Force Industrial Co Ltd stock PS Ratio (=1.43) is close to 1-year low of 1.33.
The historical rank and industry rank for Iron Force Industrial Co's PS Ratio or its related term are showing as below:
TPE:2228'
s PS Ratio Range Over the Past 10 Years
Min: 1.08 Med: 1.58 Max: 4.37
Current: 1.42
During the past 13 years, Iron Force Industrial Co's highest PS Ratio was 4.37. The lowest was 1.08. And the median was 1.58.
TPE:2228's PS Ratio is ranked worse than 65.35% of 1316
companies
in the Vehicles & Parts industry
Industry Median: 0.82
vs TPE:2228: 1.42
Iron Force Industrial Co Ltd revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Iron Force Industrial Co was -7.80% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 2.80% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 8.20% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 1.00% per year.
During the past 13 years, Iron Force Industrial Co's highest 3-Year average Revenue per Share Growth Rate was 43.30% per year. The lowest was -8.50% per year. And the median was 4.90% per year.
Back to Basics: PS Ratio
Iron Force Industrial Co (TPE:2228) 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.
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.
* 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.
For the Auto Parts subindustry, Iron Force Industrial Co'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.
Iron Force Industrial Co PS Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Iron Force Industrial Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Iron Force Industrial Co's PS Ratio falls into.
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.
Iron Force Industrial Co's Share Price of today is NT$85.40. Iron Force Industrial Co'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$60.19.
* 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:
Iron Force Industrial Co (TPE:2228) has a PS Ratio of 1.42 as of Jul. 12, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Iron Force Industrial Co and its competitors. This is 10% below median its historical median of 1.58. Over the past decade, Iron Force Industrial Co's PS Ratio has ranged from 1.08 to 4.37. According to the industry distribution chart, Iron Force Industrial Co ranks #860 out of 1316 companies in the Vehicles & Parts industry, placing it in the top 65.3%.
Is Iron Force Industrial Co's PS Ratio too high?
Iron Force Industrial Co's current PS Ratio of 1.42 is 10% below median its 10-year median of 1.58. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 4.37. The Vehicles & Parts industry median PS Ratio is 0.82. Iron Force Industrial Co's value of 1.42 is 73.2% above this industry median. Based on the distribution chart, Iron Force Industrial Co ranks #860 out of 1316 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Iron Force Industrial Co has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Iron Force Industrial Co's PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Iron Force Industrial Co ranks #860 out of 1316 companies for PS Ratio. This places Iron Force Industrial Co in the lower half of its industry. The industry median PS Ratio is 0.82. Iron Force Industrial Co's value of 1.42 is 73.2% above this benchmark. Historically, Iron Force Industrial Co's own PS Ratio has ranged from 1.08 to 4.37 over the past decade. While the company's 10-year median is 1.58 vs. the industry median of 0.82, Iron Force Industrial Co 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 Vehicles & Parts company?
The median PS Ratio among Vehicles & Parts companies is 0.82, based on 1,316 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. Iron Force Industrial Co's current PS Ratio of 1.42 is 73.2% 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 Iron Force Industrial Co and its competitors. For the Vehicles & Parts industry, the median PS Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iron Force Industrial Co's current PS Ratio is 1.42, which is 10% below median its own 10-year median of 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iron Force Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Iron Force Industrial Co (TPE:2228) is currently considered Fairly Valued. The stock's GF Value™ is NT$92.69, compared to a current price of NT$85.40 — trading 7.9% below its estimated fair value. The current PS Ratio is 1.42, which is 10% below median its 10-year median of 1.58 and 73.2% above the Vehicles & Parts industry median of 0.82. Iron Force Industrial Co's overall GF Score™ is 91/100 with 3 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 Iron Force Industrial Co (TPE:2228), the current PS Ratio is 1.42 as of Jul. 12, 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 Iron Force Industrial Co (TPE:2228) Overvalued in 2026?
Based on GuruFocus' analysis, Iron Force Industrial Co stock appears to be undervalued.
The current stock price of NT$85.40 is trading 7.9% below its estimated GF Value™ of NT$92.69.
GuruFocus considers Iron Force Industrial Co to be Fairly Valued.
Key valuation signals for TPE:2228:
PS Ratio: 1.42 (10% below median its 10-year median of 1.58)
GF Value™: NT$92.69 vs. price of NT$85.40 (7.9% below fair value)
Industry Position: 73.2% above the Vehicles & Parts median (#860 of 1316)
No single metric tells the full story. See the TPE:2228 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Iron Force Industrial Co Ltd is a Taiwan-based company mainly engaged in manufacturing and trading airbag inflators for automotive safety systems, high-precision metal tubes for seatbelt retractor/pretensioner systems, and trading display fixtures and other metal parts. The majority of its revenue is generated from the manufacturing and sales of automotive safety components. Geographically, the company generates maximum revenue from Mainland China and the rest from Taiwan and Europe.
91GF Score
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