Wholetech System Hitech (ROCO:3402) Cyclically Adjusted PS Ratio: 2.09 (As of Jul. 28, 2026) — 85% Above Median

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ROCO:3402 Wholetech System Hitech Ltd ROCO:3402
71 GF Score
Price NT$130.00
GF Value NT$100.20
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Wholetech System Hitech Cyclically Adjusted PS Ratio?

Wholetech System Hitech ROCO:3402 -4.76% 71 Cyclically Adjusted PS Ratio is 2.09 as of Jul. 28, 2026, which is 85% above its 10-year median of 1.13. GuruFocus rates ROCO:3402 with a GF Score™ of 71/100 and a GF Value™ of NT$100.20 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 2,301 Industrial Products companies, Wholetech System Hitech ranks worse than 58.02% on this metric.

As of today (2026-07-28), Wholetech System Hitech's current share price is NT$130.00. Wholetech System Hitech's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$62.16. Wholetech System Hitech's Cyclically Adjusted PS Ratio for today is 2.09.

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

ROCO:3402' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.13   Max: 2.49
Current: 2.2

During the past years, Wholetech System Hitech's highest Cyclically Adjusted PS Ratio was 2.49. The lowest was 0.62. And the median was 1.13.

ROCO:3402's Cyclically Adjusted PS Ratio is ranked worse than
58.02% of 2301 companies
in the Industrial Products industry
Industry Median: 1.71 vs ROCO:3402: 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.

Wholetech System Hitech's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$18.431. 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$62.16 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wholetech System Hitech  (ROCO:3402) 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.


Wholetech System Hitech Cyclically Adjusted PS Ratio Related Terms


Wholetech System Hitech Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Wholetech System Hitech'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.

Wholetech System Hitech Cyclically Adjusted PS Ratio Chart

Wholetech System Hitech 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 1.22 0.94 1.33 1.87 2.16

Wholetech System Hitech Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 1.87 1.53 1.63 2.16 2.16

ROCO:3402 vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Wholetech System Hitech'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.


Wholetech System Hitech Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wholetech System Hitech's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Wholetech System Hitech's Cyclically Adjusted PS Ratio falls into.


ROCO:3402
71GF Score
Wholetech System Hitech Ltd ROCO:3402
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wholetech System Hitech 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.

Wholetech System Hitech's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=130.00/62.16
=2.09

* 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.

Wholetech System Hitech's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Wholetech System Hitech's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=18.431/324.0540*324.0540
=18.431

Current CPI (Dec. 2025) = 324.0540.

Wholetech System Hitech Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 10.862 238.132 14.781
201606 11.260 241.018 15.139
201609 10.586 241.428 14.209
201612 11.569 241.432 15.528
201703 11.551 243.801 15.353
201706 11.898 244.955 15.740
201709 11.747 246.819 15.423
201712 10.974 246.524 14.425
201803 11.986 249.554 15.564
201806 13.417 251.989 17.254
201809 13.573 252.439 17.424
201812 11.329 251.233 14.613
201903 9.013 254.202 11.490
201906 9.827 256.143 12.432
201909 9.420 256.759 11.889
201912 9.140 256.974 11.526
202003 8.437 258.115 10.592
202006 10.025 257.797 12.602
202009 9.974 260.280 12.418
202012 10.590 260.474 13.175
202103 9.848 264.877 12.048
202106 11.489 271.696 13.703
202109 12.306 274.310 14.538
202112 13.874 278.802 16.126
202203 13.886 287.504 15.651
202206 16.213 296.311 17.731
202209 19.191 296.808 20.953
202212 15.439 296.797 16.857
202303 12.733 301.836 13.670
202306 14.356 305.109 15.247
202309 14.698 307.789 15.475
202312 18.496 306.746 19.540
202403 17.872 312.332 18.543
202406 19.205 314.175 19.809
202409 19.074 315.301 19.604
202412 18.396 315.605 18.888
202503 16.856 319.799 17.080
202506 17.483 322.561 17.564
202509 18.600 324.800 18.557
202512 18.431 324.054 18.431

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 2.09 mean?
Wholetech System Hitech (ROCO:3402) has a Cyclically Adjusted PS Ratio of 2.09 as of Jul. 28, 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 Wholetech System Hitech and its competitors. This is 85% above median its historical median of 1.13. Over the past decade, Wholetech System Hitech's Cyclically Adjusted PS Ratio has ranged from 0.62 to 2.49. According to the industry distribution chart, Wholetech System Hitech ranks #1335 out of 2301 companies in the Industrial Products industry, placing it in the top 58%.
Is Wholetech System Hitech's Cyclically Adjusted PS Ratio too high?
Wholetech System Hitech's current Cyclically Adjusted PS Ratio of 2.09 is 85% above median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 2.49. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.71. Wholetech System Hitech's value of 2.09 is 22.2% above this industry median. Based on the distribution chart, Wholetech System Hitech ranks #1335 out of 2301 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Wholetech System Hitech has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wholetech System Hitech's Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Wholetech System Hitech ranks #1335 out of 2301 companies for Cyclically Adjusted PS Ratio. This places Wholetech System Hitech in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.71. Wholetech System Hitech's value of 2.09 is 22.2% above this benchmark. Historically, Wholetech System Hitech's own Cyclically Adjusted PS Ratio has ranged from 0.62 to 2.49 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 1.71, Wholetech System Hitech 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.71, based on 2,301 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. Wholetech System Hitech's current Cyclically Adjusted PS Ratio of 2.09 is 22.2% 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 Wholetech System Hitech and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wholetech System Hitech's current Cyclically Adjusted PS Ratio is 2.09, which is 85% above median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wholetech System Hitech stock overvalued right now?
Based on GuruFocus' analysis, Wholetech System Hitech (ROCO:3402) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$100.20, compared to a current price of NT$130.00 — trading 29.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.09, which is 85% above median its 10-year median of 1.13 and 22.2% above the Industrial Products industry median of 1.71. Wholetech System Hitech's overall GF Score™ is 71/100 with 1 warning sign 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 Wholetech System Hitech (ROCO:3402), the current Cyclically Adjusted PS Ratio is 2.09 as of Jul. 28, 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 Wholetech System Hitech (ROCO:3402) Overvalued in 2026?

Based on GuruFocus' analysis, Wholetech System Hitech stock appears to be overvalued. The current stock price of NT$130.00 is trading 29.7% above its estimated GF Value™ of NT$100.20. GuruFocus considers Wholetech System Hitech to be Modestly Overvalued.

Key valuation signals for ROCO:3402:

  • Cyclically Adjusted PS Ratio: 2.09 (85% above median its 10-year median of 1.13)
  • GF Value™: NT$100.20 vs. price of NT$130.00 (29.7% above fair value)
  • GF Score™: 71/100 with 1 warning sign
  • Industry Position: 22.2% above the Industrial Products median (#1335 of 2301)

No single metric tells the full story. See the ROCO:3402 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wholetech System Hitech Business Description

Address No. 14, Donghua Road, 8th Floor-1, Xiangshan District, Hsinchu City, TWN, 300061
Wholetech System Hitech Ltd is engaged in the design and construction of processing pipeline projects and clean room projects. It designs, plans, constructs, and tests Bulk Gas Systems, Specialty Gas Supply Systems, Pumping & Exhaust Piping System design and Gas cabinets, Gas Rack VMB, and VMP, among others.
71GF Score

Get the complete analysis for ROCO:3402

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

NT$130.00
Price
NT$100.20
GF Value