Cheer Time Enterprise CoTPE:3229 55 PS Ratio is 2.40 as of Jul. 11, 2026, which is 45% above its 10-year median of 1.66. GuruFocus rates TPE:3229 with a GF Score™ of 55/100 and a GF Value™ of NT$15.13 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,471 Hardware companies, Cheer Time Enterprise Co ranks worse than 55.69% 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, Cheer Time Enterprise Co's share price is NT$38.75.
Cheer Time Enterprise Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was NT$16.12. Hence, Cheer Time Enterprise Co's PS Ratio for today is 2.40.
The historical rank and industry rank for Cheer Time Enterprise Co's PS Ratio or its related term are showing as below:
TPE:3229'
s PS Ratio Range Over the Past 10 Years
Min: 0.24 Med: 1.66 Max: 5.44
Current: 2.4
During the past 13 years, Cheer Time Enterprise Co's highest PS Ratio was 5.44. The lowest was 0.24. And the median was 1.66.
TPE:3229's PS Ratio is ranked worse than 55.69% of 2471
companies
in the Hardware industry
Industry Median: 1.92
vs TPE:3229: 2.40
Cheer Time Enterprise Co Ltd revenue per share has been in decline over the past 3 years.
During the past 12 months, the average Revenue per Share Growth Rate of Cheer Time Enterprise Co was 13.30% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -35.50% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 0.50% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 0.40% per year.
During the past 13 years, Cheer Time Enterprise Co's highest 3-Year average Revenue per Share Growth Rate was 51.20% per year. The lowest was -35.50% per year. And the median was -11.85% per year.
Back to Basics: PS Ratio
Cheer Time Enterprise Co (TPE:3229) 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 Electronic Components subindustry, Cheer Time Enterprise 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.
Cheer Time Enterprise Co PS Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Cheer Time Enterprise Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Cheer Time Enterprise 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.
Cheer Time Enterprise Co's Share Price of today is NT$38.75. Cheer Time Enterprise 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$16.12.
* 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:
Cheer Time Enterprise Co (TPE:3229) has a PS Ratio of 2.40 as of Jul. 11, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Cheer Time Enterprise Co and its competitors. This is 45% above median its historical median of 1.66. Over the past decade, Cheer Time Enterprise Co's PS Ratio has ranged from 0.24 to 5.44. According to the industry distribution chart, Cheer Time Enterprise Co ranks #1376 out of 2471 companies in the Hardware industry, placing it in the top 55.7%.
Is Cheer Time Enterprise Co's PS Ratio too high?
Cheer Time Enterprise Co's current PS Ratio of 2.40 is 45% above median its 10-year median of 1.66. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 5.44. The Hardware industry median PS Ratio is 1.92. Cheer Time Enterprise Co's value of 2.40 is 25% above this industry median. Based on the distribution chart, Cheer Time Enterprise Co ranks #1376 out of 2471 companies in the Hardware industry, which is below the industry midpoint. Overall, Cheer Time Enterprise Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cheer Time Enterprise Co's PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Cheer Time Enterprise Co ranks #1376 out of 2471 companies for PS Ratio. This places Cheer Time Enterprise Co in the lower half of its industry. The industry median PS Ratio is 1.92. Cheer Time Enterprise Co's value of 2.40 is 25% above this benchmark. Historically, Cheer Time Enterprise Co's own PS Ratio has ranged from 0.24 to 5.44 over the past decade. While the company's 10-year median is 1.66 vs. the industry median of 1.92, Cheer Time Enterprise 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 Hardware company?
The median PS Ratio among Hardware companies is 1.92, based on 2,471 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. Cheer Time Enterprise Co's current PS Ratio of 2.40 is 25% 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 Cheer Time Enterprise Co and its competitors. For the Hardware industry, the median PS Ratio is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cheer Time Enterprise Co's current PS Ratio is 2.40, which is 45% above median its own 10-year median of 1.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheer Time Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Cheer Time Enterprise Co (TPE:3229) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$15.13, compared to a current price of NT$38.75 — trading 156.1% above its estimated fair value. The current PS Ratio is 2.40, which is 45% above median its 10-year median of 1.66 and 25% above the Hardware industry median of 1.92. Cheer Time Enterprise Co's overall GF Score™ is 55/100 with 1 warning sign 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 Cheer Time Enterprise Co (TPE:3229), the current PS Ratio is 2.40 as of Jul. 11, 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 Cheer Time Enterprise Co (TPE:3229) Overvalued in 2026?
Based on GuruFocus' analysis, Cheer Time Enterprise Co stock appears to be overvalued.
The current stock price of NT$38.75 is trading 156.1% above its estimated GF Value™ of NT$15.13.
GuruFocus considers Cheer Time Enterprise Co to be Significantly Overvalued.
Key valuation signals for TPE:3229:
PS Ratio: 2.40 (45% above median its 10-year median of 1.66)
GF Value™: NT$15.13 vs. price of NT$38.75 (156.1% above fair value)
Industry Position: 25% above the Hardware median (#1376 of 2471)
No single metric tells the full story. See the TPE:3229 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cheer Time Enterprise Co Ltd is engaged in the manufacturing, processing and sales of rigid Printed Circuit Board (PCB), as well as international trade. The company's products include HDI, Teflon, ceramic plate, ceramic plate + FR-4, Load Board PCB, Aluminum substrate, rigid-flex PCB, Special process images, PCB drilling, Phosphor bronze balls, and Electronic components. It derives the majority of revenue from Manufacturing and sales of printed circuit boards. Geographically, it derives the majority of revenue from Taiwan, Asia (excluding Taiwan), North America, Oceania, and Europe with the majority of revenue deriving from Taiwan.
55GF Score
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