Jiin Ming Industry Co (ROCO:3230) Cyclically Adjusted PS Ratio: 2.44 (As of Aug. 08, 2026) — 321% Above Median

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ROCO:3230 Jiin Ming Industry Co Ltd ROCO:3230
51 GF Score
Price NT$40.25
GF Value NT$24.77
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Jiin Ming Industry Co Cyclically Adjusted PS Ratio?

Jiin Ming Industry Co ROCO:3230 -2.66% 51 Cyclically Adjusted PS Ratio is 2.44 as of Aug. 08, 2026, which is 321% above its 10-year median of 0.58. GuruFocus rates ROCO:3230 with a GF Score™ of 51/100 and a GF Value™ of NT$24.77 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,975 Hardware companies, Jiin Ming Industry Co ranks worse than 63.49% on this metric.

As of today (2026-08-08), Jiin Ming Industry Co's current share price is NT$40.25. Jiin Ming Industry Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$16.51. Jiin Ming Industry Co's Cyclically Adjusted PS Ratio for today is 2.44.

The historical rank and industry rank for Jiin Ming Industry Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

ROCO:3230' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.58   Max: 3.44
Current: 2.2

During the past years, Jiin Ming Industry Co's highest Cyclically Adjusted PS Ratio was 3.44. The lowest was 0.21. And the median was 0.58.

ROCO:3230's Cyclically Adjusted PS Ratio is ranked worse than
63.49% of 1975 companies
in the Hardware industry
Industry Median: 1.34 vs ROCO:3230: 2.20

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.

Jiin Ming Industry Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$1.180. 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$16.51 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiin Ming Industry Co  (ROCO:3230) 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.


Jiin Ming Industry Co Cyclically Adjusted PS Ratio Related Terms


Jiin Ming Industry Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Jiin Ming Industry 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.

Jiin Ming Industry Co Cyclically Adjusted PS Ratio Chart

Jiin Ming Industry 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 0.64 0.51 0.41 3.18 2.26

Jiin Ming Industry 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 2.62 1.78 2.97 2.26 2.39

ROCO:3230 vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Jiin Ming Industry 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.


Jiin Ming Industry Co Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Jiin Ming Industry Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Jiin Ming Industry Co's Cyclically Adjusted PS Ratio falls into.


ROCO:3230
51GF Score
Jiin Ming Industry Co Ltd ROCO:3230
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jiin Ming Industry 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.

Jiin Ming Industry Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=40.25/16.51
=2.44

* 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.

Jiin Ming Industry Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Jiin Ming Industry 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)
=1.18/330.2130*330.2130
=1.180

Current CPI (Mar. 2026) = 330.2130.

Jiin Ming Industry Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.484 241.018 4.773
201609 4.449 241.428 6.085
201612 3.895 241.432 5.327
201703 3.867 243.801 5.238
201706 4.238 244.955 5.713
201709 3.229 246.819 4.320
201712 2.404 246.524 3.220
201803 2.596 249.554 3.435
201806 3.027 251.989 3.967
201809 2.553 252.439 3.340
201812 3.014 251.233 3.962
201903 3.130 254.202 4.066
201906 3.524 256.143 4.543
201909 4.790 256.759 6.160
201912 4.843 256.974 6.223
202003 3.493 258.115 4.469
202006 5.518 257.797 7.068
202009 7.895 260.280 10.016
202012 5.316 260.474 6.739
202103 5.609 264.877 6.993
202106 6.591 271.696 8.011
202109 5.689 274.310 6.848
202112 4.431 278.802 5.248
202203 4.062 287.504 4.665
202206 3.615 296.311 4.029
202209 3.282 296.808 3.651
202212 2.771 296.797 3.083
202303 2.060 301.836 2.254
202306 3.287 305.109 3.557
202309 2.981 307.789 3.198
202312 2.571 306.746 2.768
202403 1.476 312.332 1.561
202406 1.659 314.175 1.744
202409 1.461 315.301 1.530
202412 1.238 315.605 1.295
202503 1.343 319.799 1.387
202506 1.055 322.561 1.080
202509 1.125 324.800 1.144
202512 1.166 324.054 1.188
202603 1.180 330.213 1.180

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 2.44 mean?
Jiin Ming Industry Co (ROCO:3230) has a Cyclically Adjusted PS Ratio of 2.44 as of Aug. 08, 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 Jiin Ming Industry Co and its competitors. This is 321% above median its historical median of 0.58. Over the past decade, Jiin Ming Industry Co's Cyclically Adjusted PS Ratio has ranged from 0.21 to 3.44. According to the industry distribution chart, Jiin Ming Industry Co ranks #1254 out of 1975 companies in the Hardware industry, placing it in the top 63.5%.
Is Jiin Ming Industry Co's Cyclically Adjusted PS Ratio too high?
Jiin Ming Industry Co's current Cyclically Adjusted PS Ratio of 2.44 is 321% above median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 3.44. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. Jiin Ming Industry Co's value of 2.44 is 82.1% above this industry median. Based on the distribution chart, Jiin Ming Industry Co ranks #1254 out of 1975 companies in the Hardware industry, which is below the industry midpoint. Overall, Jiin Ming Industry Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiin Ming Industry Co's Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Jiin Ming Industry Co ranks #1254 out of 1975 companies for Cyclically Adjusted PS Ratio. This places Jiin Ming Industry Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Jiin Ming Industry Co's value of 2.44 is 82.1% above this benchmark. Historically, Jiin Ming Industry Co's own Cyclically Adjusted PS Ratio has ranged from 0.21 to 3.44 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 1.34, Jiin Ming Industry 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 a Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.34, based on 1,975 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. Jiin Ming Industry Co's current Cyclically Adjusted PS Ratio of 2.44 is 82.1% 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 Jiin Ming Industry Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiin Ming Industry Co's current Cyclically Adjusted PS Ratio is 2.44, which is 321% above median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiin Ming Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Jiin Ming Industry Co (ROCO:3230) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$24.77, compared to a current price of NT$40.25 — trading 62.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.44, which is 321% above median its 10-year median of 0.58 and 82.1% above the Hardware industry median of 1.34. Jiin Ming Industry Co's overall GF Score™ is 51/100 with 3 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 Jiin Ming Industry Co (ROCO:3230), the current Cyclically Adjusted PS Ratio is 2.44 as of Aug. 08, 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 Jiin Ming Industry Co (ROCO:3230) Overvalued in 2026?

Based on GuruFocus' analysis, Jiin Ming Industry Co stock appears to be overvalued. The current stock price of NT$40.25 is trading 62.5% above its estimated GF Value™ of NT$24.77. GuruFocus considers Jiin Ming Industry Co to be Significantly Overvalued.

Key valuation signals for ROCO:3230:

  • Cyclically Adjusted PS Ratio: 2.44 (321% above median its 10-year median of 0.58)
  • GF Value™: NT$24.77 vs. price of NT$40.25 (62.5% above fair value)
  • GF Score™: 51/100 with 3 warning signs
  • Industry Position: 82.1% above the Hardware median (#1254 of 1975)

No single metric tells the full story. See the ROCO:3230 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiin Ming Industry Co Business Description

Address No. 896, Jingguo Road, 16th Floor, Neighborhood 17, Nankan Vil., Luzhu District, Taoyuan, TWN
Jiin Ming Industry Co Ltd is engaged in the manufacturing and processing of internal components and housings of various information, communication, and consumer electronic products and display parts, as well as the development and manufacturing of molds. It generates maximum revenue from the Hardware stamping parts. Geographically, the company derives a majority of its revenue from China.
51GF Score

Get the complete analysis for ROCO:3230

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

NT$40.25
Price
NT$24.77
GF Value