Feng Ching Metal (ROCO:2061) Cyclically Adjusted PS Ratio: 1.91 (As of Aug. 18, 2026) — 198% Above Median

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ROCO:2061 Feng Ching Metal Corp ROCO:2061
44 GF Score
Price NT$48.00
GF Value NT$18.31
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Feng Ching Metal Cyclically Adjusted PS Ratio?

Feng Ching Metal ROCO:2061 -6.98% 44 Cyclically Adjusted PS Ratio is 1.91 as of Aug. 18, 2026, which is 198% above its 10-year median of 0.64. GuruFocus rates ROCO:2061 with a GF Score™ of 44/100 and a GF Value™ of NT$18.31 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,287 Industrial Products companies, Feng Ching Metal ranks worse than 53.08% on this metric.

As of today (2026-08-18), Feng Ching Metal's current share price is NT$48.00. Feng Ching Metal's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$25.12. Feng Ching Metal's Cyclically Adjusted PS Ratio for today is 1.91.

The historical rank and industry rank for Feng Ching Metal's Cyclically Adjusted PS Ratio or its related term are showing as below:

ROCO:2061' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.64   Max: 2.97
Current: 2.02

During the past years, Feng Ching Metal's highest Cyclically Adjusted PS Ratio was 2.97. The lowest was 0.18. And the median was 0.64.

ROCO:2061's Cyclically Adjusted PS Ratio is ranked worse than
53.08% of 2287 companies
in the Industrial Products industry
Industry Median: 1.83 vs ROCO:2061: 2.02

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.

Feng Ching Metal's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$5.510. 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$25.12 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Feng Ching Metal  (ROCO:2061) 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.


Feng Ching Metal Cyclically Adjusted PS Ratio Related Terms


Feng Ching Metal Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Feng Ching Metal'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.

Feng Ching Metal Cyclically Adjusted PS Ratio Chart

Feng Ching Metal 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 0.67 0.78 0.61 0.72 0.77

Feng Ching Metal 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 0.79 0.72 0.81 0.77 0.65

ROCO:2061 vs VRT, BE: Cyclically Adjusted PS Ratio Comparison

For the Electrical Equipment & Parts subindustry, Feng Ching Metal'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.


Feng Ching Metal Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Feng Ching Metal's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Feng Ching Metal's Cyclically Adjusted PS Ratio falls into.


ROCO:2061
44GF Score
Feng Ching Metal Corp ROCO:2061
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Feng Ching Metal 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.

Feng Ching Metal's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=48.00/25.12
=1.91

* 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.

Feng Ching Metal's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Feng Ching Metal'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)
=5.51/330.2130*330.2130
=5.510

Current CPI (Mar. 2026) = 330.2130.

Feng Ching Metal Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.441 241.018 6.085
201609 5.105 241.428 6.982
201612 6.113 241.432 8.361
201703 5.729 243.801 7.760
201706 6.393 244.955 8.618
201709 7.132 246.819 9.542
201712 6.145 246.524 8.231
201803 6.982 249.554 9.239
201806 7.032 251.989 9.215
201809 6.803 252.439 8.899
201812 5.904 251.233 7.760
201903 5.506 254.202 7.152
201906 5.021 256.143 6.473
201909 4.451 256.759 5.724
201912 4.249 256.974 5.460
202003 2.406 258.115 3.078
202006 3.011 257.797 3.857
202009 3.579 260.280 4.541
202012 5.032 260.474 6.379
202103 4.633 264.877 5.776
202106 5.555 271.696 6.751
202109 5.160 274.310 6.212
202112 4.879 278.802 5.779
202203 4.124 287.504 4.737
202206 4.801 296.311 5.350
202209 4.948 296.808 5.505
202212 5.512 296.797 6.133
202303 3.980 301.836 4.354
202306 4.658 305.109 5.041
202309 4.526 307.789 4.856
202312 5.238 306.746 5.639
202403 4.277 312.332 4.522
202406 6.637 314.175 6.976
202409 6.186 315.301 6.479
202412 6.385 315.605 6.681
202503 5.230 319.799 5.400
202506 5.301 322.561 5.427
202509 4.876 324.800 4.957
202512 5.667 324.054 5.775
202603 5.510 330.213 5.510

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 1.91 mean?
Feng Ching Metal (ROCO:2061) has a Cyclically Adjusted PS Ratio of 1.91 as of Aug. 18, 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 Feng Ching Metal and its competitors. This is 198% above median its historical median of 0.64. Over the past decade, Feng Ching Metal's Cyclically Adjusted PS Ratio has ranged from 0.18 to 2.97. According to the industry distribution chart, Feng Ching Metal ranks #1214 out of 2287 companies in the Industrial Products industry, placing it in the top 53.1%.
Is Feng Ching Metal's Cyclically Adjusted PS Ratio too high?
Feng Ching Metal's current Cyclically Adjusted PS Ratio of 1.91 is 198% above median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 2.97. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.83. Feng Ching Metal's value of 1.91 is 4.4% above this industry median. Based on the distribution chart, Feng Ching Metal ranks #1214 out of 2287 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Feng Ching Metal has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Feng Ching Metal's Cyclically Adjusted PS Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Feng Ching Metal ranks #1214 out of 2287 companies for Cyclically Adjusted PS Ratio. This places Feng Ching Metal in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.83. Feng Ching Metal's value of 1.91 is 4.4% above this benchmark. Historically, Feng Ching Metal's own Cyclically Adjusted PS Ratio has ranged from 0.18 to 2.97 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 1.83, Feng Ching Metal 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.83, based on 2,287 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. Feng Ching Metal's current Cyclically Adjusted PS Ratio of 1.91 is 4.4% 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 Feng Ching Metal and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Feng Ching Metal's current Cyclically Adjusted PS Ratio is 1.91, which is 198% above median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Feng Ching Metal stock overvalued right now?
Based on GuruFocus' analysis, Feng Ching Metal (ROCO:2061) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$18.31, compared to a current price of NT$48.00 — trading 162.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.91, which is 198% above median its 10-year median of 0.64 and 4.4% above the Industrial Products industry median of 1.83. Feng Ching Metal's overall GF Score™ is 44/100 with 5 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 Feng Ching Metal (ROCO:2061), the current Cyclically Adjusted PS Ratio is 1.91 as of Aug. 18, 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 Feng Ching Metal (ROCO:2061) Overvalued in 2026?

Based on GuruFocus' analysis, Feng Ching Metal stock appears to be overvalued. The current stock price of NT$48.00 is trading 162.2% above its estimated GF Value™ of NT$18.31. GuruFocus considers Feng Ching Metal to be Significantly Overvalued.

Key valuation signals for ROCO:2061:

  • Cyclically Adjusted PS Ratio: 1.91 (198% above median its 10-year median of 0.64)
  • GF Value™: NT$18.31 vs. price of NT$48.00 (162.2% above fair value)
  • GF Score™: 44/100 with 5 warning signs
  • Industry Position: 4.4% above the Industrial Products median (#1214 of 2287)

No single metric tells the full story. See the ROCO:2061 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Feng Ching Metal Business Description

Address No. 38, Xinguang Road, Floor 30-4, Lingya District, Kaohsiung, TWN, 802
Feng Ching Metal Corp is a Taiwan-based company engaged in the production of enameled wire. Its products include copper bonding wires, polyether diol-coated copper bonding wires, and others.
44GF Score

Get the complete analysis for ROCO:2061

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

NT$48.00
Price
NT$18.31
GF Value