Hi-Clearance (ROCO:1788) Cyclically Adjusted PS Ratio: 1.18 (As of Aug. 30, 2026) — 12% Below Median

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ROCO:1788 Hi-Clearance Inc ROCO:1788
81 GF Score
Price NT$129.00
GF Value NT$146.36
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Hi-Clearance Cyclically Adjusted PS Ratio?

Hi-Clearance ROCO:1788 -0.39% 81 Cyclically Adjusted PS Ratio is 1.18 as of Aug. 30, 2026, which is 12% below its 10-year median of 1.34. GuruFocus rates ROCO:1788 with a GF Score™ of 81/100 and a GF Value™ of NT$146.36 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 525 Medical Devices & Instruments companies, Hi-Clearance ranks better than 66.86% on this metric.

As of today (2026-08-30), Hi-Clearance's current share price is NT$129.00. Hi-Clearance's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was NT$109.42. Hi-Clearance's Cyclically Adjusted PS Ratio for today is 1.18.

The historical rank and industry rank for Hi-Clearance's Cyclically Adjusted PS Ratio or its related term are showing as below:

ROCO:1788' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.18   Med: 1.34   Max: 1.83
Current: 1.18

During the past years, Hi-Clearance's highest Cyclically Adjusted PS Ratio was 1.83. The lowest was 1.18. And the median was 1.34.

ROCO:1788's Cyclically Adjusted PS Ratio is ranked better than
66.86% of 525 companies
in the Medical Devices & Instruments industry
Industry Median: 2.31 vs ROCO:1788: 1.18

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.

Hi-Clearance's adjusted revenue per share data for the three months ended in Jun. 2026 was NT$24.906. 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$109.42 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hi-Clearance  (ROCO:1788) 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.


Hi-Clearance Cyclically Adjusted PS Ratio Related Terms


Hi-Clearance Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hi-Clearance'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.

Hi-Clearance Cyclically Adjusted PS Ratio Chart

Hi-Clearance 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 1.60 1.43 1.32 1.33 1.28

Hi-Clearance Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.30 1.30 1.28 1.26 1.19

ROCO:1788 vs ABT, SYK, MDT: Cyclically Adjusted PS Ratio Comparison

For the Medical Devices subindustry, Hi-Clearance'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.


Hi-Clearance Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Hi-Clearance's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hi-Clearance's Cyclically Adjusted PS Ratio falls into.


ROCO:1788
81GF Score
Hi-Clearance Inc ROCO:1788
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hi-Clearance 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.

Hi-Clearance's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=129.00/109.42
=1.18

* 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.

Hi-Clearance's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Hi-Clearance's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=24.906/333.9520*333.9520
=24.906

Current CPI (Jun. 2026) = 333.9520.

Hi-Clearance Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 20.031 241.428 27.708
201612 20.321 241.432 28.108
201703 19.957 243.801 27.337
201706 21.022 244.955 28.660
201709 21.309 246.819 28.832
201712 21.002 246.524 28.450
201803 21.691 249.554 29.027
201806 21.707 251.989 28.768
201809 21.640 252.439 28.628
201812 22.391 251.233 29.763
201903 22.783 254.202 29.931
201906 21.745 256.143 28.351
201909 20.566 256.759 26.749
201912 19.876 256.974 25.830
202003 20.297 258.115 26.260
202006 22.032 257.797 28.540
202009 21.891 260.280 28.087
202012 21.010 260.474 26.937
202103 21.565 264.877 27.189
202106 24.724 271.696 30.389
202109 22.161 274.310 26.979
202112 22.014 278.802 26.369
202203 24.205 287.504 28.115
202206 43.443 296.311 48.962
202209 24.452 296.808 27.512
202212 24.296 296.797 27.338
202303 23.995 301.836 26.548
202306 21.565 305.109 23.604
202309 22.085 307.789 23.962
202312 22.025 306.746 23.978
202403 21.659 312.332 23.158
202406 24.648 314.175 26.200
202409 22.652 315.301 23.992
202412 22.479 315.605 23.786
202503 23.600 319.799 24.644
202506 23.991 322.561 24.838
202509 23.907 324.800 24.581
202512 24.485 324.054 25.233
202603 25.692 330.213 25.983
202606 24.906 333.952 24.906

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 1.18 mean?
Hi-Clearance (ROCO:1788) has a Cyclically Adjusted PS Ratio of 1.18 as of Aug. 30, 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 Hi-Clearance and its competitors. This is 12% below median its historical median of 1.34. Over the past decade, Hi-Clearance's Cyclically Adjusted PS Ratio has ranged from 1.18 to 1.83. According to the industry distribution chart, Hi-Clearance ranks #174 out of 525 companies in the Medical Devices & Instruments industry, placing it in the top 33.1%.
Is Hi-Clearance's Cyclically Adjusted PS Ratio too high?
Hi-Clearance's current Cyclically Adjusted PS Ratio of 1.18 is 12% below median its 10-year median of 1.34. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 1.83. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.31. Hi-Clearance's value of 1.18 is 48.9% below this industry median. Based on the distribution chart, Hi-Clearance ranks #174 out of 525 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Hi-Clearance has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hi-Clearance's Cyclically Adjusted PS Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Hi-Clearance ranks #174 out of 525 companies for Cyclically Adjusted PS Ratio. This puts Hi-Clearance in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.31. Hi-Clearance's value of 1.18 is 48.9% below this benchmark. Historically, Hi-Clearance's own Cyclically Adjusted PS Ratio has ranged from 1.18 to 1.83 over the past decade. While the company's 10-year median is 1.34 vs. the industry median of 2.31, Hi-Clearance has consistently been below 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PS Ratio among Medical Devices & Instruments companies is 2.31, based on 525 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. Hi-Clearance's current Cyclically Adjusted PS Ratio of 1.18 is 48.9% below 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 Hi-Clearance and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PS Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hi-Clearance's current Cyclically Adjusted PS Ratio is 1.18, which is 12% below median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hi-Clearance stock overvalued right now?
Based on GuruFocus' analysis, Hi-Clearance (ROCO:1788) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$146.36, compared to a current price of NT$129.00 — trading 11.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.18, which is 12% below median its 10-year median of 1.34 and 48.9% below the Medical Devices & Instruments industry median of 2.31. Hi-Clearance's overall GF Score™ is 81/100 with 4 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 Hi-Clearance (ROCO:1788), the current Cyclically Adjusted PS Ratio is 1.18 as of Aug. 30, 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 Hi-Clearance (ROCO:1788) Overvalued in 2026?

Based on GuruFocus' analysis, Hi-Clearance stock appears to be undervalued. The current stock price of NT$129.00 is trading 11.9% below its estimated GF Value™ of NT$146.36. GuruFocus considers Hi-Clearance to be Modestly Undervalued.

Key valuation signals for ROCO:1788:

  • Cyclically Adjusted PS Ratio: 1.18 (12% below median its 10-year median of 1.34)
  • GF Value™: NT$146.36 vs. price of NT$129.00 (11.9% below fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 48.9% below the Medical Devices & Instruments median (#174 of 525)

No single metric tells the full story. See the ROCO:1788 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hi-Clearance Business Description

Address No. 2, Chongzhong Road, Lane 609, 8th Floor, Section 5, Sanchong District, Taipei, TWN, 24159
Hi-Clearance Inc primary business activities involve trading medical equipment, biochemical reagents, and Western medicine. It has two segments Hemodialysis Division responsible for the procurement and distribution of a wide range of blood dialysis-related consumables, which are sold to hospitals, clinics, and distributors; and Other business segments mainly involved in selling dental materials and other products. The company generates majority of revenue from Hemodialysis Division. Its products are Single Patient Dialysis System TORAY, TORAYLIGHT Hollow Fiber Dialyzer, FILTRYZER TORAY, TORAY ETRF.
81GF Score

Get the complete analysis for ROCO:1788

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

NT$129.00
Price
NT$146.36
GF Value