Ching Chan Optical Technology Co (ROCO:2070) Cyclically Adjusted PS Ratio: 2.91 (As of Aug. 13, 2026) — 52% Above Median

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ROCO:2070 Ching Chan Optical Technology Co Ltd ROCO:2070
73 GF Score
Price NT$63.40
GF Value NT$42.05
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Ching Chan Optical Technology Co Cyclically Adjusted PS Ratio?

Ching Chan Optical Technology Co ROCO:2070 +7.46% 73 Cyclically Adjusted PS Ratio is 2.91 as of Aug. 13, 2026, which is 52% above its 10-year median of 1.92. GuruFocus rates ROCO:2070 with a GF Score™ of 73/100 and a GF Value™ of NT$42.05 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,291 Industrial Products companies, Ching Chan Optical Technology Co ranks worse than 63.25% on this metric.

As of today (2026-08-13), Ching Chan Optical Technology Co's current share price is NT$63.40. Ching Chan Optical Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$21.82. Ching Chan Optical Technology Co's Cyclically Adjusted PS Ratio for today is 2.91.

The historical rank and industry rank for Ching Chan Optical Technology Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

ROCO:2070' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.71   Med: 1.92   Max: 3.56
Current: 2.91

During the past years, Ching Chan Optical Technology Co's highest Cyclically Adjusted PS Ratio was 3.56. The lowest was 1.71. And the median was 1.92.

ROCO:2070's Cyclically Adjusted PS Ratio is ranked worse than
63.25% of 2291 companies
in the Industrial Products industry
Industry Median: 1.81 vs ROCO:2070: 2.91

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.

Ching Chan Optical Technology Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$4.204. 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$21.82 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ching Chan Optical Technology Co  (ROCO:2070) 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.


Ching Chan Optical Technology Co Cyclically Adjusted PS Ratio Related Terms


Ching Chan Optical Technology Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ching Chan Optical Technology 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.

Ching Chan Optical Technology Co Cyclically Adjusted PS Ratio Chart

Ching Chan Optical Technology 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 1.89

Ching Chan Optical Technology 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 1.81 1.71 1.89 1.77

ROCO:2070 vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Ching Chan Optical Technology 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.


Ching Chan Optical Technology Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ching Chan Optical Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ching Chan Optical Technology Co's Cyclically Adjusted PS Ratio falls into.


ROCO:2070
73GF Score
Ching Chan Optical Technology Co Ltd ROCO:2070
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ching Chan Optical Technology 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.

Ching Chan Optical Technology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=63.40/21.82
=2.91

* 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.

Ching Chan Optical Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Ching Chan Optical Technology 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)
=4.204/330.2130*330.2130
=4.204

Current CPI (Mar. 2026) = 330.2130.

Ching Chan Optical Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 0.000 236.525 0.000
201606 0.000 241.018 0.000
201612 0.000 241.432 0.000
201703 5.632 243.801 7.628
201706 4.650 244.955 6.268
201709 6.188 246.819 8.279
201712 6.952 246.524 9.312
201803 4.815 249.554 6.371
201806 6.657 251.989 8.724
201809 6.014 252.439 7.867
201812 8.377 251.233 11.010
201903 4.357 254.202 5.660
201906 4.078 256.143 5.257
201909 3.910 256.759 5.029
201912 3.838 256.974 4.932
202003 3.588 258.115 4.590
202006 2.344 257.797 3.002
202009 2.166 260.280 2.748
202012 4.136 260.474 5.243
202103 3.918 264.877 4.884
202106 3.657 271.696 4.445
202109 3.863 274.310 4.650
202112 4.621 278.802 5.473
202203 3.136 287.504 3.602
202206 3.967 296.311 4.421
202209 3.829 296.808 4.260
202212 5.524 296.797 6.146
202303 3.433 301.836 3.756
202306 3.851 305.109 4.168
202309 4.031 307.789 4.325
202312 5.538 306.746 5.962
202403 3.962 312.332 4.189
202406 4.959 314.175 5.212
202409 5.687 315.301 5.956
202412 4.749 315.605 4.969
202503 4.016 319.799 4.147
202506 4.044 322.561 4.140
202509 5.016 324.800 5.100
202512 5.779 324.054 5.889
202603 4.204 330.213 4.204

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 2.91 mean?
Ching Chan Optical Technology Co (ROCO:2070) has a Cyclically Adjusted PS Ratio of 2.91 as of Aug. 13, 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 Ching Chan Optical Technology Co and its competitors. This is 52% above median its historical median of 1.92. Over the past decade, Ching Chan Optical Technology Co's Cyclically Adjusted PS Ratio has ranged from 1.71 to 3.56. According to the industry distribution chart, Ching Chan Optical Technology Co ranks #1449 out of 2291 companies in the Industrial Products industry, placing it in the top 63.2%.
Is Ching Chan Optical Technology Co's Cyclically Adjusted PS Ratio too high?
Ching Chan Optical Technology Co's current Cyclically Adjusted PS Ratio of 2.91 is 52% above median its 10-year median of 1.92. Over the past 10 years, this metric has ranged from a low of 1.71 to a high of 3.56. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.81. Ching Chan Optical Technology Co's value of 2.91 is 60.8% above this industry median. Based on the distribution chart, Ching Chan Optical Technology Co ranks #1449 out of 2291 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Ching Chan Optical Technology Co has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ching Chan Optical Technology Co's Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Ching Chan Optical Technology Co ranks #1449 out of 2291 companies for Cyclically Adjusted PS Ratio. This places Ching Chan Optical Technology Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.81. Ching Chan Optical Technology Co's value of 2.91 is 60.8% above this benchmark. Historically, Ching Chan Optical Technology Co's own Cyclically Adjusted PS Ratio has ranged from 1.71 to 3.56 over the past decade. While the company's 10-year median is 1.92 vs. the industry median of 1.81, Ching Chan Optical Technology 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.81, based on 2,291 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. Ching Chan Optical Technology Co's current Cyclically Adjusted PS Ratio of 2.91 is 60.8% 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 Ching Chan Optical Technology Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ching Chan Optical Technology Co's current Cyclically Adjusted PS Ratio is 2.91, which is 52% above median its own 10-year median of 1.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ching Chan Optical Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Ching Chan Optical Technology Co (ROCO:2070) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$42.05, compared to a current price of NT$63.40 — trading 50.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.91, which is 52% above median its 10-year median of 1.92 and 60.8% above the Industrial Products industry median of 1.81. Ching Chan Optical Technology Co's overall GF Score™ is 73/100 with 1 warning sign 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 Ching Chan Optical Technology Co (ROCO:2070), the current Cyclically Adjusted PS Ratio is 2.91 as of Aug. 13, 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 Ching Chan Optical Technology Co (ROCO:2070) Overvalued in 2026?

Based on GuruFocus' analysis, Ching Chan Optical Technology Co stock appears to be overvalued. The current stock price of NT$63.40 is trading 50.8% above its estimated GF Value™ of NT$42.05. GuruFocus considers Ching Chan Optical Technology Co to be Significantly Overvalued.

Key valuation signals for ROCO:2070:

  • Cyclically Adjusted PS Ratio: 2.91 (52% above median its 10-year median of 1.92)
  • GF Value™: NT$42.05 vs. price of NT$63.40 (50.8% above fair value)
  • GF Score™: 73/100 with 1 warning sign
  • Industry Position: 60.8% above the Industrial Products median (#1449 of 2291)

No single metric tells the full story. See the ROCO:2070 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ching Chan Optical Technology Co Business Description

Address Number 58, Lane 110, Zhongxiao Street, Hunei District, Kaohsiung, TWN
Ching Chan Optical Technology Co Ltd is engaged in providing screening equipment and other products. The company offers Screening Machine, Forming Machine, Pressure sensor, Intelligent automatic car handling system, and surveillance system among others.
73GF Score

Get the complete analysis for ROCO:2070

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

NT$63.40
Price
NT$42.05
GF Value