Morn Sun Feed Mill Co (ROCO:1240) Cyclically Adjusted PS Ratio: 0.88 (As of Aug. 14, 2026) — Near Median

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ROCO:1240 Morn Sun Feed Mill Co Ltd ROCO:1240
85 GF Score
Price NT$56.40
GF Value NT$45.05
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Morn Sun Feed Mill Co Cyclically Adjusted PS Ratio?

Morn Sun Feed Mill Co ROCO:1240 85 Cyclically Adjusted PS Ratio is 0.88 as of Aug. 14, 2026, which is 4% below its 10-year median of 0.92. GuruFocus rates ROCO:1240 with a GF Score™ of 85/100 and a GF Value™ of NT$45.05 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,447 Consumer Packaged Goods companies, Morn Sun Feed Mill Co ranks worse than 53.9% on this metric.

As of today (2026-08-14), Morn Sun Feed Mill Co's current share price is NT$56.40. Morn Sun Feed Mill Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$64.30. Morn Sun Feed Mill Co's Cyclically Adjusted PS Ratio for today is 0.88.

The historical rank and industry rank for Morn Sun Feed Mill Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

ROCO:1240' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.85   Med: 0.92   Max: 0.96
Current: 0.88

During the past years, Morn Sun Feed Mill Co's highest Cyclically Adjusted PS Ratio was 0.96. The lowest was 0.85. And the median was 0.92.

ROCO:1240's Cyclically Adjusted PS Ratio is ranked worse than
53.9% of 1447 companies
in the Consumer Packaged Goods industry
Industry Median: 0.76 vs ROCO:1240: 0.88

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.

Morn Sun Feed Mill Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$15.589. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is NT$64.30 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Morn Sun Feed Mill Co  (ROCO:1240) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Morn Sun Feed Mill Co Cyclically Adjusted PS Ratio Related Terms


Morn Sun Feed Mill Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Morn Sun Feed Mill Co's Cyclically Adjusted 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.

Morn Sun Feed Mill Co Cyclically Adjusted PS Ratio Chart

Morn Sun Feed Mill Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.95

Morn Sun Feed Mill Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted 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 0.00 0.00 0.00 0.95 0.92

ROCO:1240 vs ADM, BG, TSN: Cyclically Adjusted PS Ratio Comparison

For the Farm Products subindustry, Morn Sun Feed Mill Co'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.


Morn Sun Feed Mill Co Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Morn Sun Feed Mill Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Morn Sun Feed Mill Co's Cyclically Adjusted PS Ratio falls into.


ROCO:1240
85GF Score
Morn Sun Feed Mill Co Ltd ROCO:1240
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Morn Sun Feed Mill Co Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Morn Sun Feed Mill Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=56.40/64.30
=0.88

* 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.

Morn Sun Feed Mill Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Morn Sun Feed Mill Co's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=15.589/330.2130*330.2130
=15.589

Current CPI (Mar. 2026) = 330.2130.

Morn Sun Feed Mill Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.000 234.812 0.000
201512 0.000 236.525 0.000
201612 0.000 241.432 0.000
201703 8.608 243.801 11.659
201706 8.775 244.955 11.829
201709 8.301 246.819 11.106
201712 9.176 246.524 12.291
201803 9.279 249.554 12.278
201806 8.310 251.989 10.890
201809 8.076 252.439 10.564
201812 9.474 251.233 12.452
201903 9.721 254.202 12.628
201906 9.613 256.143 12.393
201909 9.741 256.759 12.528
201912 11.935 256.974 15.337
202003 12.324 258.115 15.766
202006 12.139 257.797 15.549
202009 12.657 260.280 16.058
202012 14.076 260.474 17.845
202103 14.541 264.877 18.128
202106 15.898 271.696 19.322
202109 17.392 274.310 20.936
202112 19.138 278.802 22.667
202203 17.168 287.504 19.718
202206 19.721 296.311 21.977
202209 18.710 296.808 20.816
202212 20.527 296.797 22.838
202303 16.987 301.836 18.584
202306 15.105 305.109 16.348
202309 15.890 307.789 17.048
202312 17.582 306.746 18.927
202403 16.109 312.332 17.031
202406 16.174 314.175 17.000
202409 15.852 315.301 16.602
202412 16.254 315.605 17.006
202503 15.347 319.799 15.847
202506 14.954 322.561 15.309
202509 15.709 324.800 15.971
202512 15.684 324.054 15.982
202603 15.589 330.213 15.589

Add all the adjusted revenue per share together and divide 10 will get our 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.

What does a Cyclically Adjusted PS Ratio of 0.88 mean?
Morn Sun Feed Mill Co (ROCO:1240) has a Cyclically Adjusted PS Ratio of 0.88 as of Aug. 14, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Morn Sun Feed Mill Co and its competitors. This is near median its historical median of 0.92. Over the past decade, Morn Sun Feed Mill Co's Cyclically Adjusted PS Ratio has ranged from 0.85 to 0.96. According to the industry distribution chart, Morn Sun Feed Mill Co ranks #780 out of 1447 companies in the Consumer Packaged Goods industry, placing it in the top 53.9%.
Is Morn Sun Feed Mill Co's Cyclically Adjusted PS Ratio too high?
Morn Sun Feed Mill Co's current Cyclically Adjusted PS Ratio of 0.88 is near median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 0.96. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.76. Morn Sun Feed Mill Co's value of 0.88 is 15.8% above this industry median. Based on the distribution chart, Morn Sun Feed Mill Co ranks #780 out of 1447 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Morn Sun Feed Mill Co has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Morn Sun Feed Mill Co's Cyclically Adjusted PS Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Morn Sun Feed Mill Co ranks #780 out of 1447 companies for Cyclically Adjusted PS Ratio. This places Morn Sun Feed Mill Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.76. Morn Sun Feed Mill Co's value of 0.88 is 15.8% above this benchmark. Historically, Morn Sun Feed Mill Co's own Cyclically Adjusted PS Ratio has ranged from 0.85 to 0.96 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 0.76, Morn Sun Feed Mill 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 Cyclically Adjusted PS Ratio for a Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.76, based on 1,447 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Morn Sun Feed Mill Co's current Cyclically Adjusted PS Ratio of 0.88 is 15.8% 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 Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Morn Sun Feed Mill Co and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morn Sun Feed Mill Co's current Cyclically Adjusted PS Ratio is 0.88, which is near median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morn Sun Feed Mill Co stock overvalued right now?
Based on GuruFocus' analysis, Morn Sun Feed Mill Co (ROCO:1240) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$45.05, compared to a current price of NT$56.40 — trading 25.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.88, which is near median its 10-year median of 0.92 and 15.8% above the Consumer Packaged Goods industry median of 0.76. Morn Sun Feed Mill Co's overall GF Score™ is 85/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Morn Sun Feed Mill Co (ROCO:1240), the current Cyclically Adjusted PS Ratio is 0.88 as of Aug. 14, 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 Morn Sun Feed Mill Co (ROCO:1240) Overvalued in 2026?

Based on GuruFocus' analysis, Morn Sun Feed Mill Co stock appears to be overvalued. The current stock price of NT$56.40 is trading 25.2% above its estimated GF Value™ of NT$45.05. GuruFocus considers Morn Sun Feed Mill Co to be Modestly Overvalued.

Key valuation signals for ROCO:1240:

  • Cyclically Adjusted PS Ratio: 0.88 (near median its 10-year median of 0.92)
  • GF Value™: NT$45.05 vs. price of NT$56.40 (25.2% above fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 15.8% above the Consumer Packaged Goods median (#780 of 1447)

No single metric tells the full story. See the ROCO:1240 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Morn Sun Feed Mill Co Business Description

Address No. 30, Heping West Road, 2nd Floor, Section 1, Zhongzheng District, Taipei, TWN
Morn Sun Feed Mill Co Ltd is engaged in the manufacture and processing and the sale of feed and raw materials trading of rice shells, flour, soybeans, barley and wheat and assorted grains, and feeding of domestic livestock and poultry, etc. Reportable segments of the Group are the Feed Segment, Egg Product Segment, Breeding Segment and other segments. The company generates maximum of its revenue from the Feed Segment. It also generates revenue from warehouse rental income and sales of breeding pigs.
85GF Score

Get the complete analysis for ROCO:1240

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

NT$56.40
Price
NT$45.05
GF Value