Taiwan Wax Co (ROCO:1742) Cyclically Adjusted PS Ratio: 2.69 (As of Aug. 20, 2026) — 75% Above Median

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ROCO:1742 Taiwan Wax Co Ltd ROCO:1742
51 GF Score
Price NT$17.80
GF Value NT$4.94
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Taiwan Wax Co Cyclically Adjusted PS Ratio?

Taiwan Wax Co ROCO:1742 +0.28% 51 Cyclically Adjusted PS Ratio is 2.69 as of Aug. 20, 2026, which is 75% above its 10-year median of 1.54. GuruFocus rates ROCO:1742 with a GF Score™ of 51/100 and a GF Value™ of NT$4.94 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,274 Chemicals companies, Taiwan Wax Co ranks worse than 71.11% on this metric.

As of today (2026-08-20), Taiwan Wax Co's current share price is NT$17.80. Taiwan Wax Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$6.62. Taiwan Wax Co's Cyclically Adjusted PS Ratio for today is 2.69.

The historical rank and industry rank for Taiwan Wax Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

ROCO:1742' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.54   Max: 2.7
Current: 2.64

During the past years, Taiwan Wax Co's highest Cyclically Adjusted PS Ratio was 2.70. The lowest was 0.86. And the median was 1.54.

ROCO:1742's Cyclically Adjusted PS Ratio is ranked worse than
71.11% of 1274 companies
in the Chemicals industry
Industry Median: 1.345 vs ROCO:1742: 2.64

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.

Taiwan Wax Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$0.185. 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$6.62 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Wax Co  (ROCO:1742) 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.


Taiwan Wax Co Cyclically Adjusted PS Ratio Related Terms


Taiwan Wax Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Taiwan Wax 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.

Taiwan Wax Co Cyclically Adjusted PS Ratio Chart

Taiwan Wax 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 1.42 1.34 1.88 2.25 2.00

Taiwan Wax 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 2.35 2.24 2.04 2.00 2.45

ROCO:1742 vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Taiwan Wax 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.


Taiwan Wax Co Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Taiwan Wax Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Taiwan Wax Co's Cyclically Adjusted PS Ratio falls into.


ROCO:1742
51GF Score
Taiwan Wax Co Ltd ROCO:1742
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Wax 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.

Taiwan Wax Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.80/6.62
=2.69

* 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.

Taiwan Wax Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Taiwan Wax 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)
=0.185/330.2130*330.2130
=0.185

Current CPI (Mar. 2026) = 330.2130.

Taiwan Wax Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.813 241.018 2.484
201609 2.185 241.428 2.989
201612 1.831 241.432 2.504
201703 1.343 243.801 1.819
201706 1.311 244.955 1.767
201709 1.212 246.819 1.622
201712 1.108 246.524 1.484
201803 1.760 249.554 2.329
201806 1.648 251.989 2.160
201809 1.526 252.439 1.996
201812 2.136 251.233 2.807
201903 4.228 254.202 5.492
201906 4.566 256.143 5.886
201909 1.274 256.759 1.638
201912 1.693 256.974 2.176
202003 1.306 258.115 1.671
202006 1.160 257.797 1.486
202009 0.988 260.280 1.253
202012 0.663 260.474 0.841
202103 1.292 264.877 1.611
202106 2.036 271.696 2.475
202109 1.736 274.310 2.090
202112 0.991 278.802 1.174
202203 1.525 287.504 1.752
202206 1.370 296.311 1.527
202209 1.704 296.808 1.896
202212 0.613 296.797 0.682
202303 1.125 301.836 1.231
202306 1.379 305.109 1.492
202309 0.658 307.789 0.706
202312 1.086 306.746 1.169
202403 0.631 312.332 0.667
202406 0.816 314.175 0.858
202409 0.556 315.301 0.582
202412 0.490 315.605 0.513
202503 0.446 319.799 0.461
202506 0.311 322.561 0.318
202509 0.213 324.800 0.217
202512 0.237 324.054 0.242
202603 0.185 330.213 0.185

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 2.69 mean?
Taiwan Wax Co (ROCO:1742) has a Cyclically Adjusted PS Ratio of 2.69 as of Aug. 20, 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 Taiwan Wax Co and its competitors. This is 75% above median its historical median of 1.54. Over the past decade, Taiwan Wax Co's Cyclically Adjusted PS Ratio has ranged from 0.86 to 2.70. According to the industry distribution chart, Taiwan Wax Co ranks #906 out of 1274 companies in the Chemicals industry, placing it in the top 71.1%.
Is Taiwan Wax Co's Cyclically Adjusted PS Ratio too high?
Taiwan Wax Co's current Cyclically Adjusted PS Ratio of 2.69 is 75% above median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 2.70. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.35. Taiwan Wax Co's value of 2.69 is 100% above this industry median. Based on the distribution chart, Taiwan Wax Co ranks #906 out of 1274 companies in the Chemicals industry, which is below the industry midpoint. Overall, Taiwan Wax Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Wax Co's Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Taiwan Wax Co ranks #906 out of 1274 companies for Cyclically Adjusted PS Ratio. This places Taiwan Wax Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.35. Taiwan Wax Co's value of 2.69 is 100% above this benchmark. Historically, Taiwan Wax Co's own Cyclically Adjusted PS Ratio has ranged from 0.86 to 2.70 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 1.35, Taiwan Wax 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.35, based on 1,274 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. Taiwan Wax Co's current Cyclically Adjusted PS Ratio of 2.69 is 100% 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 Taiwan Wax Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Wax Co's current Cyclically Adjusted PS Ratio is 2.69, which is 75% above median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Wax Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Wax Co (ROCO:1742) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$4.94, compared to a current price of NT$17.80 — trading 260.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.69, which is 75% above median its 10-year median of 1.54 and 100% above the Chemicals industry median of 1.35. Taiwan Wax Co's overall GF Score™ is 51/100 with 6 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 Taiwan Wax Co (ROCO:1742), the current Cyclically Adjusted PS Ratio is 2.69 as of Aug. 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 Taiwan Wax Co (ROCO:1742) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Wax Co stock appears to be overvalued. The current stock price of NT$17.80 is trading 260.3% above its estimated GF Value™ of NT$4.94. GuruFocus considers Taiwan Wax Co to be Significantly Overvalued.

Key valuation signals for ROCO:1742:

  • Cyclically Adjusted PS Ratio: 2.69 (75% above median its 10-year median of 1.54)
  • GF Value™: NT$4.94 vs. price of NT$17.80 (260.3% above fair value)
  • GF Score™: 51/100 with 6 warning signs
  • Industry Position: 100% above the Chemicals median (#906 of 1274)

No single metric tells the full story. See the ROCO:1742 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Wax Co Business Description

Address Zhongshan South Road, 3rd Floor, No. 610, Section 2, Dayuan District, Taoyuan, TWN
Taiwan Wax Co Ltd is engaged in manufacturing, trading, importing, and exporting various wax raw materials and finished products, trading optoelectronic equipment, trading aquatic products, and providing brokerage services. The company derives revenue from sales of merchandise derived from sales of aquatic products, optoelectronic equipment, and various finished wax products.
51GF Score

Get the complete analysis for ROCO:1742

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

NT$17.80
Price
NT$4.94
GF Value