Chia Yi Steel Co (ROCO:2067) Cyclically Adjusted PS Ratio: 0.21 (As of Aug. 12, 2026) — 42% Below Median

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ROCO:2067 Chia Yi Steel Co Ltd ROCO:2067
33 GF Score
Price NT$6.45
GF Value NT$9.66
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Chia Yi Steel Co Cyclically Adjusted PS Ratio?

Chia Yi Steel Co ROCO:2067 -0.46% 33 Cyclically Adjusted PS Ratio is 0.21 as of Aug. 12, 2026, which is 42% below its 10-year median of 0.36. GuruFocus rates ROCO:2067 with a GF Score™ of 33/100 and a GF Value™ of NT$9.66 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,295 Industrial Products companies, Chia Yi Steel Co ranks better than 93.55% on this metric.

As of today (2026-08-12), Chia Yi Steel Co's current share price is NT$6.45. Chia Yi Steel Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$30.49. Chia Yi Steel Co's Cyclically Adjusted PS Ratio for today is 0.21.

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

ROCO:2067' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.36   Max: 0.44
Current: 0.21

During the past years, Chia Yi Steel Co's highest Cyclically Adjusted PS Ratio was 0.44. The lowest was 0.19. And the median was 0.36.

ROCO:2067's Cyclically Adjusted PS Ratio is ranked better than
93.55% of 2295 companies
in the Industrial Products industry
Industry Median: 1.82 vs ROCO:2067: 0.21

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.

Chia Yi Steel Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$5.070. 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$30.49 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chia Yi Steel Co  (ROCO:2067) 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.


Chia Yi Steel Co Cyclically Adjusted PS Ratio Related Terms


Chia Yi Steel Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Chia Yi Steel 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.

Chia Yi Steel Co Cyclically Adjusted PS Ratio Chart

Chia Yi Steel 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 0.43 0.32 0.40 0.36 0.33

Chia Yi Steel 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 0.30 0.20 0.30 0.33 0.25

ROCO:2067 vs CRS, ATI, MLI: Cyclically Adjusted PS Ratio Comparison

For the Metal Fabrication subindustry, Chia Yi Steel 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.


Chia Yi Steel Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chia Yi Steel Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Chia Yi Steel Co's Cyclically Adjusted PS Ratio falls into.


ROCO:2067
33GF Score
Chia Yi Steel Co Ltd ROCO:2067
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chia Yi Steel 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.

Chia Yi Steel Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.45/30.49
=0.21

* 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.

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

For example, Chia Yi Steel 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)
=5.07/330.2130*330.2130
=5.070

Current CPI (Mar. 2026) = 330.2130.

Chia Yi Steel Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 8.187 241.018 11.217
201609 7.532 241.428 10.302
201612 9.763 241.432 13.353
201703 6.459 243.801 8.748
201706 8.412 244.955 11.340
201709 9.213 246.819 12.326
201712 9.592 246.524 12.848
201803 7.587 249.554 10.039
201806 8.349 251.989 10.941
201809 7.777 252.439 10.173
201812 7.490 251.233 9.845
201903 5.359 254.202 6.961
201906 5.282 256.143 6.809
201909 4.728 256.759 6.081
201912 4.120 256.974 5.294
202003 3.601 258.115 4.607
202006 3.978 257.797 5.095
202009 3.793 260.280 4.812
202012 4.587 260.474 5.815
202103 5.305 264.877 6.614
202106 5.227 271.696 6.353
202109 4.801 274.310 5.779
202112 5.833 278.802 6.909
202203 5.996 287.504 6.887
202206 6.507 296.311 7.251
202209 6.821 296.808 7.589
202212 7.797 296.797 8.675
202303 6.559 301.836 7.176
202306 9.864 305.109 10.676
202309 6.465 307.789 6.936
202312 5.308 306.746 5.714
202403 5.136 312.332 5.430
202406 5.705 314.175 5.996
202409 5.490 315.301 5.750
202412 6.005 315.605 6.283
202503 5.274 319.799 5.446
202506 6.362 322.561 6.513
202509 5.341 324.800 5.430
202512 5.680 324.054 5.788
202603 5.070 330.213 5.070

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 0.21 mean?
Chia Yi Steel Co (ROCO:2067) has a Cyclically Adjusted PS Ratio of 0.21 as of Aug. 12, 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 Chia Yi Steel Co and its competitors. This is 42% below median its historical median of 0.36. Over the past decade, Chia Yi Steel Co's Cyclically Adjusted PS Ratio has ranged from 0.19 to 0.44. According to the industry distribution chart, Chia Yi Steel Co ranks #148 out of 2295 companies in the Industrial Products industry, placing it in the top 6.4%.
Is Chia Yi Steel Co's Cyclically Adjusted PS Ratio too high?
Chia Yi Steel Co's current Cyclically Adjusted PS Ratio of 0.21 is 42% below median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.44. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.82. Chia Yi Steel Co's value of 0.21 is 88.5% below this industry median. Based on the distribution chart, Chia Yi Steel Co ranks #148 out of 2295 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Chia Yi Steel Co has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chia Yi Steel Co's Cyclically Adjusted PS Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Chia Yi Steel Co ranks #148 out of 2295 companies for Cyclically Adjusted PS Ratio. This places Chia Yi Steel Co in the top 6% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.82. Chia Yi Steel Co's value of 0.21 is 88.5% below this benchmark. Historically, Chia Yi Steel Co's own Cyclically Adjusted PS Ratio has ranged from 0.19 to 0.44 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 1.82, Chia Yi Steel Co 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.82, based on 2,295 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. Chia Yi Steel Co's current Cyclically Adjusted PS Ratio of 0.21 is 88.5% 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 Chia Yi Steel Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chia Yi Steel Co's current Cyclically Adjusted PS Ratio is 0.21, which is 42% below median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chia Yi Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Chia Yi Steel Co (ROCO:2067) is currently considered Possible Value Trap. The stock's GF Value™ is NT$9.66, compared to a current price of NT$6.45 — trading 33.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.21, which is 42% below median its 10-year median of 0.36 and 88.5% below the Industrial Products industry median of 1.82. Chia Yi Steel Co's overall GF Score™ is 33/100 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 Chia Yi Steel Co (ROCO:2067), the current Cyclically Adjusted PS Ratio is 0.21 as of Aug. 12, 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 Chia Yi Steel Co (ROCO:2067) Overvalued in 2026?

Based on GuruFocus' analysis, Chia Yi Steel Co stock appears to be undervalued. The current stock price of NT$6.45 is trading 33.2% below its estimated GF Value™ of NT$9.66. GuruFocus considers Chia Yi Steel Co to be Possible Value Trap.

Key valuation signals for ROCO:2067:

  • Cyclically Adjusted PS Ratio: 0.21 (42% below median its 10-year median of 0.36)
  • GF Value™: NT$9.66 vs. price of NT$6.45 (33.2% below fair value)
  • GF Score™: 33/100 with 6 warning signs
  • Industry Position: 88.5% below the Industrial Products median (#148 of 2295)

No single metric tells the full story. See the ROCO:2067 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chia Yi Steel Co Business Description

Address No. 21, Chenggong 2nd Street, Beidou Village, Chiayi County, Minxiong, TWN, 62155
Chia Yi Steel Co Ltd is engaged in the casting; processing and trading of various cast irons. Its products include hydraulic parts, industrial parts, and car parts. The company covers mechanical parts, hydraulic valve bodies, compressors, transporters, construction machinery, agricultural machinery, ships, cranes, engines, transmissions, braking systems, spring brackets, and other parts. It also produces railway parts, Elevator pulleys, pumps, bolt mechanical parts, and product assembly operations. The company supplies its products to Asia; European and American countries.
33GF Score

Get the complete analysis for ROCO:2067

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

NT$6.45
Price
NT$9.66
GF Value