Munsin Garment (ROCO:2916) Cyclically Adjusted PS Ratio: 1.33 (As of Aug. 10, 2026) — 19% Above Median

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ROCO:2916 Munsin Garment Corp ROCO:2916
77 GF Score
Price NT$41.20
GF Value NT$47.18
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Munsin Garment Cyclically Adjusted PS Ratio?

Munsin Garment ROCO:2916 77 Cyclically Adjusted PS Ratio is 1.33 as of Aug. 10, 2026, which is 19% above its 10-year median of 1.12. GuruFocus rates ROCO:2916 with a GF Score™ of 77/100 and a GF Value™ of NT$47.18 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 886 Manufacturing - Apparel & Accessories companies, Munsin Garment ranks worse than 69.86% on this metric.

As of today (2026-08-10), Munsin Garment's current share price is NT$41.20. Munsin Garment's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$31.04. Munsin Garment's Cyclically Adjusted PS Ratio for today is 1.33.

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

ROCO:2916' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.54   Med: 1.12   Max: 2.11
Current: 1.33

During the past years, Munsin Garment's highest Cyclically Adjusted PS Ratio was 2.11. The lowest was 0.54. And the median was 1.12.

ROCO:2916's Cyclically Adjusted PS Ratio is ranked worse than
69.86% of 886 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.64 vs ROCO:2916: 1.33

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.

Munsin Garment's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$8.282. 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$31.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Munsin Garment  (ROCO:2916) 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.


Munsin Garment Cyclically Adjusted PS Ratio Related Terms


Munsin Garment Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Munsin Garment'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.

Munsin Garment Cyclically Adjusted PS Ratio Chart

Munsin Garment 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 0.78 0.81 1.61 1.66 1.61

Munsin Garment 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 1.70 1.52 1.54 1.61 1.55

ROCO:2916 vs RL, LEVI, VFC: Cyclically Adjusted PS Ratio Comparison

For the Apparel Manufacturing subindustry, Munsin Garment'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.


Munsin Garment Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Munsin Garment's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Munsin Garment's Cyclically Adjusted PS Ratio falls into.


ROCO:2916
77GF Score
Munsin Garment Corp ROCO:2916
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Munsin Garment 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.

Munsin Garment's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=41.20/31.04
=1.33

* 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.

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

For example, Munsin Garment'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)
=8.282/330.2130*330.2130
=8.282

Current CPI (Mar. 2026) = 330.2130.

Munsin Garment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 5.017 241.018 6.874
201609 4.208 241.428 5.755
201612 6.917 241.432 9.461
201703 5.801 243.801 7.857
201706 4.970 244.955 6.700
201709 3.575 246.819 4.783
201712 7.450 246.524 9.979
201803 5.795 249.554 7.668
201806 5.141 251.989 6.737
201809 3.930 252.439 5.141
201812 7.633 251.233 10.033
201903 6.015 254.202 7.814
201906 5.689 256.143 7.334
201909 4.552 256.759 5.854
201912 7.676 256.974 9.864
202003 5.368 258.115 6.867
202006 5.502 257.797 7.048
202009 4.549 260.280 5.771
202012 8.391 260.474 10.638
202103 6.852 264.877 8.542
202106 3.588 271.696 4.361
202109 3.793 274.310 4.566
202112 9.291 278.802 11.004
202203 6.754 287.504 7.757
202206 4.932 296.311 5.496
202209 6.260 296.808 6.965
202212 9.416 296.797 10.476
202303 8.135 301.836 8.900
202306 8.106 305.109 8.773
202309 6.215 307.789 6.668
202312 10.692 306.746 11.510
202403 9.241 312.332 9.770
202406 8.062 314.175 8.474
202409 5.748 315.301 6.020
202412 9.471 315.605 9.909
202503 8.240 319.799 8.508
202506 6.924 322.561 7.088
202509 5.494 324.800 5.586
202512 9.436 324.054 9.615
202603 8.282 330.213 8.282

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 1.33 mean?
Munsin Garment (ROCO:2916) has a Cyclically Adjusted PS Ratio of 1.33 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 Munsin Garment and its competitors. This is 19% above median its historical median of 1.12. Over the past decade, Munsin Garment's Cyclically Adjusted PS Ratio has ranged from 0.54 to 2.11. According to the industry distribution chart, Munsin Garment ranks #619 out of 886 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 69.9%.
Is Munsin Garment's Cyclically Adjusted PS Ratio too high?
Munsin Garment's current Cyclically Adjusted PS Ratio of 1.33 is 19% above median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 2.11. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PS Ratio is 0.64. Munsin Garment's value of 1.33 is 107.8% above this industry median. Based on the distribution chart, Munsin Garment ranks #619 out of 886 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Munsin Garment has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Munsin Garment's Cyclically Adjusted PS Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Munsin Garment ranks #619 out of 886 companies for Cyclically Adjusted PS Ratio. This places Munsin Garment in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.64. Munsin Garment's value of 1.33 is 107.8% above this benchmark. Historically, Munsin Garment's own Cyclically Adjusted PS Ratio has ranged from 0.54 to 2.11 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 0.64, Munsin Garment 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PS Ratio among Manufacturing - Apparel & Accessories companies is 0.64, based on 886 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. Munsin Garment's current Cyclically Adjusted PS Ratio of 1.33 is 107.8% 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 Munsin Garment and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PS Ratio is 0.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Munsin Garment's current Cyclically Adjusted PS Ratio is 1.33, which is 19% above median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Munsin Garment stock overvalued right now?
Based on GuruFocus' analysis, Munsin Garment (ROCO:2916) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$47.18, compared to a current price of NT$41.20 — trading 12.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.33, which is 19% above median its 10-year median of 1.12 and 107.8% above the Manufacturing - Apparel & Accessories industry median of 0.64. Munsin Garment's overall GF Score™ is 77/100 with 4 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 Munsin Garment (ROCO:2916), the current Cyclically Adjusted PS Ratio is 1.33 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 Munsin Garment (ROCO:2916) Overvalued in 2026?

Based on GuruFocus' analysis, Munsin Garment stock appears to be undervalued. The current stock price of NT$41.20 is trading 12.7% below its estimated GF Value™ of NT$47.18. GuruFocus considers Munsin Garment to be Modestly Undervalued.

Key valuation signals for ROCO:2916:

  • Cyclically Adjusted PS Ratio: 1.33 (19% above median its 10-year median of 1.12)
  • GF Value™: NT$47.18 vs. price of NT$41.20 (12.7% below fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 107.8% above the Manufacturing - Apparel & Accessories median (#619 of 886)

No single metric tells the full story. See the ROCO:2916 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Munsin Garment Business Description

Address Wuquan 6th Road, No. 18, Wugu District, New Taipei City, TWN
Munsin Garment Corp is mainly engaged in the manufacturing and sale of various garments and knitwear; acting as a product distribution, bidding, and quoting agent for domestic and international brands; and the import and export trade operations related to these business activities. The company deals in men's and women's apparel products of various international brands, such as Munsingwear, Le Coq Sportif, Pou Dou Dou, Eminento, Nara CamiCie, Hazzy, and others. Geographically, all of its revenue is derived from Taiwan.
77GF Score

Get the complete analysis for ROCO:2916

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

NT$41.20
Price
NT$47.18
GF Value