RAC Electric Vehicles (ROCO:2237) Cyclically Adjusted PS Ratio: 3.35 (As of Aug. 10, 2026) — 17% Below Median

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ROCO:2237 RAC Electric Vehicles Inc ROCO:2237
53 GF Score
Price NT$27.00
GF Value NT$39.90
Valuation Significantly Undervalued
! 5 Warning Signs
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What is RAC Electric Vehicles Cyclically Adjusted PS Ratio?

RAC Electric Vehicles ROCO:2237 -12.76% 53 Cyclically Adjusted PS Ratio is 3.35 as of Aug. 10, 2026, which is 17% below its 10-year median of 4.02. GuruFocus rates ROCO:2237 with a GF Score™ of 53/100 and a GF Value™ of NT$39.90 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,043 Vehicles & Parts companies, RAC Electric Vehicles ranks worse than 88.11% on this metric.

As of today (2026-08-10), RAC Electric Vehicles's current share price is NT$27.00. RAC Electric Vehicles's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was NT$8.07. RAC Electric Vehicles's Cyclically Adjusted PS Ratio for today is 3.35.

The historical rank and industry rank for RAC Electric Vehicles's Cyclically Adjusted PS Ratio or its related term are showing as below:

ROCO:2237' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.88   Med: 4.02   Max: 6.96
Current: 3.84

During the past 13 years, RAC Electric Vehicles's highest Cyclically Adjusted PS Ratio was 6.96. The lowest was 2.88. And the median was 4.02.

ROCO:2237's Cyclically Adjusted PS Ratio is ranked worse than
88.11% of 1043 companies
in the Vehicles & Parts industry
Industry Median: 0.74 vs ROCO:2237: 3.84

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.

RAC Electric Vehicles's adjusted revenue per share data of for the fiscal year that ended in Dec25 was NT$17.310. 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$8.07 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


RAC Electric Vehicles  (ROCO:2237) 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.


RAC Electric Vehicles Cyclically Adjusted PS Ratio Related Terms


RAC Electric Vehicles Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for RAC Electric Vehicles'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.

RAC Electric Vehicles Cyclically Adjusted PS Ratio Chart

RAC Electric Vehicles 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 6.07 5.46 3.87 3.83 3.97

RAC Electric Vehicles Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 3.87 0.00 3.83 0.00 3.97

ROCO:2237 vs TSLA, GM, F: Cyclically Adjusted PS Ratio Comparison

For the Auto Manufacturers subindustry, RAC Electric Vehicles'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.


RAC Electric Vehicles Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, RAC Electric Vehicles's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where RAC Electric Vehicles's Cyclically Adjusted PS Ratio falls into.


ROCO:2237
53GF Score
RAC Electric Vehicles Inc ROCO:2237
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RAC Electric Vehicles 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.

RAC Electric Vehicles's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.00/8.07
=3.35

* 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.

RAC Electric Vehicles's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, RAC Electric Vehicles'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)
=17.31/324.0540*324.0540
=17.310

Current CPI (Dec25) = 324.0540.

RAC Electric Vehicles Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 2.646 241.432 3.552
201712 1.492 246.524 1.961
201812 2.931 251.233 3.781
201912 2.346 256.974 2.958
202012 4.489 260.474 5.585
202112 3.574 278.802 4.154
202212 9.117 296.797 9.954
202312 19.020 306.746 20.093
202412 11.043 315.605 11.339
202512 17.310 324.054 17.310

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 3.35 mean?
RAC Electric Vehicles (ROCO:2237) has a Cyclically Adjusted PS Ratio of 3.35 as of Aug. 10, 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 RAC Electric Vehicles and its competitors. This is 17% below median its historical median of 4.02. Over the past decade, RAC Electric Vehicles' Cyclically Adjusted PS Ratio has ranged from 2.88 to 6.96. According to the industry distribution chart, RAC Electric Vehicles ranks #919 out of 1043 companies in the Vehicles & Parts industry, placing it in the top 88.1%.
Is RAC Electric Vehicles' Cyclically Adjusted PS Ratio too high?
RAC Electric Vehicles' current Cyclically Adjusted PS Ratio of 3.35 is 17% below median its 10-year median of 4.02. Over the past 10 years, this metric has ranged from a low of 2.88 to a high of 6.96. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.74. RAC Electric Vehicles' value of 3.35 is 352.7% above this industry median. Based on the distribution chart, RAC Electric Vehicles ranks #919 out of 1043 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, RAC Electric Vehicles has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RAC Electric Vehicles' Cyclically Adjusted PS Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, RAC Electric Vehicles ranks #919 out of 1043 companies for Cyclically Adjusted PS Ratio. This places RAC Electric Vehicles in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.74. RAC Electric Vehicles' value of 3.35 is 352.7% above this benchmark. Historically, RAC Electric Vehicles' own Cyclically Adjusted PS Ratio has ranged from 2.88 to 6.96 over the past decade. While the company's 10-year median is 4.02 vs. the industry median of 0.74, RAC Electric Vehicles 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 a Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.74, based on 1,043 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. RAC Electric Vehicles's current Cyclically Adjusted PS Ratio of 3.35 is 352.7% 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 RAC Electric Vehicles and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RAC Electric Vehicles's current Cyclically Adjusted PS Ratio is 3.35, which is 17% below median its own 10-year median of 4.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RAC Electric Vehicles stock overvalued right now?
Based on GuruFocus' analysis, RAC Electric Vehicles (ROCO:2237) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$39.90, compared to a current price of NT$27.00 — trading 32.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.35, which is 17% below median its 10-year median of 4.02 and 352.7% above the Vehicles & Parts industry median of 0.74. RAC Electric Vehicles' overall GF Score™ is 53/100 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 RAC Electric Vehicles (ROCO:2237), the current Cyclically Adjusted PS Ratio is 3.35 as of Aug. 10, 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 RAC Electric Vehicles (ROCO:2237) Overvalued in 2026?

Based on GuruFocus' analysis, RAC Electric Vehicles stock appears to be undervalued. The current stock price of NT$27.00 is trading 32.3% below its estimated GF Value™ of NT$39.90. GuruFocus considers RAC Electric Vehicles to be Significantly Undervalued.

Key valuation signals for ROCO:2237:

  • Cyclically Adjusted PS Ratio: 3.35 (17% below median its 10-year median of 4.02)
  • GF Value™: NT$39.90 vs. price of NT$27.00 (32.3% below fair value)
  • GF Score™: 53/100 with 5 warning signs
  • Industry Position: 352.7% above the Vehicles & Parts median (#919 of 1043)

No single metric tells the full story. See the ROCO:2237 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RAC Electric Vehicles Business Description

Address No. 33, Lane 291, Wuqing Road, Dayuan District, Taoyuan, TWN
RAC Electric Vehicles Inc is a Taiwan-licensed car manufacturer, to develop an all-electric low-floor city bus. The comapny's main businesses include battery manufacturing, battery wholesale, manufacturing of automotive and parts, and the retail of auto and motorcycle parts and accessories.
53GF Score

Get the complete analysis for ROCO:2237

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

NT$27.00
Price
NT$39.90
GF Value