Chen Nan Iron Wire Co (ROCO:2071) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:2071 Chen Nan Iron Wire Co Ltd ROCO:2071
69 GF Score
Price NT$32.40
GF Value NT$23.48
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Chen Nan Iron Wire Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Chen Nan Iron Wire Co  (ROCO:2071) 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.


Chen Nan Iron Wire Co Cyclically Adjusted PS Ratio Related Terms


Chen Nan Iron Wire Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Chen Nan Iron Wire 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.

Chen Nan Iron Wire Co Cyclically Adjusted PS Ratio Chart

Chen Nan Iron Wire 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 - - - - 0.52

Chen Nan Iron Wire Co Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 - - - 0.52 0.79

ROCO:2071 vs SNA, RBC, LECO: Cyclically Adjusted PS Ratio Comparison

For the Tools & Accessories subindustry, Chen Nan Iron Wire 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.


Chen Nan Iron Wire Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chen Nan Iron Wire Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Chen Nan Iron Wire Co's Cyclically Adjusted PS Ratio falls into.


ROCO:2071
69GF Score
Chen Nan Iron Wire Co Ltd ROCO:2071
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chen Nan Iron Wire 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.

Chen Nan Iron Wire Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Chen Nan Iron Wire Co's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=23.527/324.0540*324.0540
=23.527

Current CPI (Dec25) = 324.0540.

Chen Nan Iron Wire Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 24.494 241.432 32.876
201712 28.121 246.524 36.965
201812 29.124 251.233 37.566
201912 24.789 256.974 31.260
202012 28.087 260.474 34.943
202112 27.855 278.802 32.376
202212 31.926 296.797 34.858
202312 20.884 306.746 22.062
202412 22.951 315.605 23.565
202512 23.527 324.054 23.527

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.

Is Chen Nan Iron Wire Co (ROCO:2071) Overvalued in 2026?

Based on GuruFocus' analysis, Chen Nan Iron Wire Co stock appears to be overvalued. The current stock price of NT$32.40 is trading 38% above its estimated GF Value™ of NT$23.48. GuruFocus considers Chen Nan Iron Wire Co to be Significantly Overvalued.

Key valuation signals for ROCO:2071:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: NT$23.48 vs. price of NT$32.40 (38% above fair value)
  • GF Score™: 69/100 with 7 warning signs

No single metric tells the full story. See the ROCO:2071 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chen Nan Iron Wire Co Business Description

Address No.202, Lane 275, Shun-an Road, Luzhu District, Kaohsiung, TWN, 82150
Chen Nan Iron Wire Co Ltd is a Taiwan-based company engaged in providing products such as Self Drilling Screws, Roofing Screws, Chipboard Screws, Carbon Steel Wire, Alloy Wire, Bolts, and Nuts among others.
69GF Score

Get the complete analysis for ROCO:2071

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

NT$32.40
Price
NT$23.48
GF Value