Level Biotechnology (ROCO:3118) Cyclically Adjusted PS Ratio: 1.35 (As of Aug. 15, 2026) — Near Median

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ROCO:3118 Level Biotechnology Inc ROCO:3118
76 GF Score
Price NT$31.80
GF Value NT$33.89
Valuation Fairly Valued
! 2 Warning Signs
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What is Level Biotechnology Cyclically Adjusted PS Ratio?

Level Biotechnology ROCO:3118 +0.32% 76 Cyclically Adjusted PS Ratio is 1.35 as of Aug. 15, 2026, which is 7% below its 10-year median of 1.45. GuruFocus rates ROCO:3118 with a GF Score™ of 76/100 and a GF Value™ of NT$33.89 (Fairly Valued). The stock has 2 warning signs investors should review. Among 536 Biotechnology companies, Level Biotechnology ranks better than 80.6% on this metric.

As of today (2026-08-15), Level Biotechnology's current share price is NT$31.80. Level Biotechnology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$23.63. Level Biotechnology's Cyclically Adjusted PS Ratio for today is 1.35.

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

ROCO:3118' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.18   Med: 1.45   Max: 2.09
Current: 1.35

During the past years, Level Biotechnology's highest Cyclically Adjusted PS Ratio was 2.09. The lowest was 1.18. And the median was 1.45.

ROCO:3118's Cyclically Adjusted PS Ratio is ranked better than
80.6% of 536 companies
in the Biotechnology industry
Industry Median: 5.725 vs ROCO:3118: 1.35

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.

Level Biotechnology's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$4.869. 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$23.63 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Level Biotechnology  (ROCO:3118) 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.


Level Biotechnology Cyclically Adjusted PS Ratio Related Terms


Level Biotechnology Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Level Biotechnology'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.

Level Biotechnology Cyclically Adjusted PS Ratio Chart

Level Biotechnology 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 1.50 1.30 1.40 1.42 1.42

Level Biotechnology 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 1.45 1.41 1.44 1.42 1.40

ROCO:3118 vs VRTX, REGN, RVMD: Cyclically Adjusted PS Ratio Comparison

For the Biotechnology subindustry, Level Biotechnology'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.


Level Biotechnology Cyclically Adjusted PS Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Level Biotechnology's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ROCO:3118
76GF Score
Level Biotechnology Inc ROCO:3118
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Level Biotechnology 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.

Level Biotechnology's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=31.80/23.63
=1.35

* 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.

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

For example, Level Biotechnology'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)
=4.869/330.2130*330.2130
=4.869

Current CPI (Mar. 2026) = 330.2130.

Level Biotechnology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.125 241.018 5.652
201609 3.432 241.428 4.694
201612 4.530 241.432 6.196
201703 3.611 243.801 4.891
201706 4.848 244.955 6.535
201709 3.703 246.819 4.954
201712 5.590 246.524 7.488
201803 3.770 249.554 4.989
201806 4.667 251.989 6.116
201809 4.926 252.439 6.444
201812 5.924 251.233 7.786
201903 4.244 254.202 5.513
201906 4.911 256.143 6.331
201909 4.738 256.759 6.093
201912 5.693 256.974 7.316
202003 4.113 258.115 5.262
202006 5.154 257.797 6.602
202009 4.961 260.280 6.294
202012 6.425 260.474 8.145
202103 4.969 264.877 6.195
202106 5.597 271.696 6.802
202109 5.363 274.310 6.456
202112 4.848 278.802 5.742
202203 3.570 287.504 4.100
202206 4.684 296.311 5.220
202209 4.332 296.808 4.820
202212 5.593 296.797 6.223
202303 4.414 301.836 4.829
202306 5.025 305.109 5.438
202309 5.009 307.789 5.374
202312 5.779 306.746 6.221
202403 5.462 312.332 5.775
202406 5.176 314.175 5.440
202409 5.605 315.301 5.870
202412 6.248 315.605 6.537
202503 5.437 319.799 5.614
202506 5.274 322.561 5.399
202509 6.114 324.800 6.216
202512 5.734 324.054 5.843
202603 4.869 330.213 4.869

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 1.35 mean?
Level Biotechnology (ROCO:3118) has a Cyclically Adjusted PS Ratio of 1.35 as of Aug. 15, 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 Level Biotechnology and its competitors. This is near median its historical median of 1.45. Over the past decade, Level Biotechnology's Cyclically Adjusted PS Ratio has ranged from 1.18 to 2.09. According to the industry distribution chart, Level Biotechnology ranks #104 out of 536 companies in the Biotechnology industry, placing it in the top 19.4%.
Is Level Biotechnology's Cyclically Adjusted PS Ratio too high?
Level Biotechnology's current Cyclically Adjusted PS Ratio of 1.35 is near median its 10-year median of 1.45. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 2.09. The Biotechnology industry median Cyclically Adjusted PS Ratio is 5.73. Level Biotechnology's value of 1.35 is 76.4% below this industry median. Based on the distribution chart, Level Biotechnology ranks #104 out of 536 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Level Biotechnology has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Level Biotechnology's Cyclically Adjusted PS Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Level Biotechnology ranks #104 out of 536 companies for Cyclically Adjusted PS Ratio. This places Level Biotechnology in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 5.73. Level Biotechnology's value of 1.35 is 76.4% below this benchmark. Historically, Level Biotechnology's own Cyclically Adjusted PS Ratio has ranged from 1.18 to 2.09 over the past decade. While the company's 10-year median is 1.45 vs. the industry median of 5.73, Level Biotechnology 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 a Biotechnology company?
The median Cyclically Adjusted PS Ratio among Biotechnology companies is 5.73, based on 536 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. Level Biotechnology's current Cyclically Adjusted PS Ratio of 1.35 is 76.4% 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 Level Biotechnology and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PS Ratio is 5.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Level Biotechnology's current Cyclically Adjusted PS Ratio is 1.35, which is near median its own 10-year median of 1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Level Biotechnology stock overvalued right now?
Based on GuruFocus' analysis, Level Biotechnology (ROCO:3118) is currently considered Fairly Valued. The stock's GF Value™ is NT$33.89, compared to a current price of NT$31.80 — trading 6.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.35, which is near median its 10-year median of 1.45 and 76.4% below the Biotechnology industry median of 5.73. Level Biotechnology's overall GF Score™ is 76/100 with 2 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 Level Biotechnology (ROCO:3118), the current Cyclically Adjusted PS Ratio is 1.35 as of Aug. 15, 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 Level Biotechnology (ROCO:3118) Overvalued in 2026?

Based on GuruFocus' analysis, Level Biotechnology stock appears to be undervalued. The current stock price of NT$31.80 is trading 6.2% below its estimated GF Value™ of NT$33.89. GuruFocus considers Level Biotechnology to be Fairly Valued.

Key valuation signals for ROCO:3118:

  • Cyclically Adjusted PS Ratio: 1.35 (near median its 10-year median of 1.45)
  • GF Value™: NT$33.89 vs. price of NT$31.80 (6.2% below fair value)
  • GF Score™: 76/100 with 2 warning signs
  • Industry Position: 76.4% below the Biotechnology median (#104 of 536)

No single metric tells the full story. See the ROCO:3118 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Level Biotechnology Business Description

Address No. 80, Lane 169, Kangning Street, Xizhi District, New Taipei City, TWN, 221
Level Biotechnology Inc is a Taiwan-based company engaged in the sales of biomedical products and providing preclinical testing services. The company has three reportable segments: Department A and B, Department C, and Department D. Department A and Department B sell the cell culture consumables and the antibody reagents, Department C sells the instruments and equipment, and Department D provides CRO services. The majority of revenue is derived from the Department A and B.
76GF Score

Get the complete analysis for ROCO:3118

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

NT$31.80
Price
NT$33.89
GF Value