Ways Technical (ROCO:3508) Cyclically Adjusted PS Ratio: 1.81 (As of Aug. 20, 2026) — 27% Above Median

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ROCO:3508 Ways Technical Corp ROCO:3508
42 GF Score
Price NT$22.75
GF Value NT$25.56
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Ways Technical Cyclically Adjusted PS Ratio?

Ways Technical ROCO:3508 +9.90% 42 Cyclically Adjusted PS Ratio is 1.81 as of Aug. 20, 2026, which is 27% above its 10-year median of 1.43. GuruFocus rates ROCO:3508 with a GF Score™ of 42/100 and a GF Value™ of NT$25.56 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,274 Chemicals companies, Ways Technical ranks worse than 56.67% on this metric.

As of today (2026-08-20), Ways Technical's current share price is NT$22.75. Ways Technical's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was NT$12.54. Ways Technical's Cyclically Adjusted PS Ratio for today is 1.81.

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

ROCO:3508' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.37   Med: 1.43   Max: 3.82
Current: 1.81

During the past years, Ways Technical's highest Cyclically Adjusted PS Ratio was 3.82. The lowest was 0.37. And the median was 1.43.

ROCO:3508's Cyclically Adjusted PS Ratio is ranked worse than
56.67% of 1274 companies
in the Chemicals industry
Industry Median: 1.345 vs ROCO:3508: 1.81

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.

Ways Technical's adjusted revenue per share data for the three months ended in Jun. 2026 was NT$2.241. 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$12.54 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ways Technical  (ROCO:3508) 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.


Ways Technical Cyclically Adjusted PS Ratio Related Terms


Ways Technical Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ways Technical'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.

Ways Technical Cyclically Adjusted PS Ratio Chart

Ways Technical 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 2.47 1.66 1.48 1.85 1.90

Ways Technical Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.28 1.93 1.90 3.13 1.45

ROCO:3508 vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Ways Technical'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.


Ways Technical Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ways Technical's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ROCO:3508
42GF Score
Ways Technical Corp ROCO:3508
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ways Technical 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.

Ways Technical's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.75/12.54
=1.81

* 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.

Ways Technical's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Ways Technical's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.241/333.9520*333.9520
=2.241

Current CPI (Jun. 2026) = 333.9520.

Ways Technical Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.338 241.428 3.234
201612 2.629 241.432 3.636
201703 1.900 243.801 2.603
201706 2.270 244.955 3.095
201709 3.527 246.819 4.772
201712 6.105 246.524 8.270
201803 3.687 249.554 4.934
201806 2.282 251.989 3.024
201809 3.246 252.439 4.294
201812 2.849 251.233 3.787
201903 2.204 254.202 2.895
201906 2.112 256.143 2.754
201909 2.761 256.759 3.591
201912 3.206 256.974 4.166
202003 2.263 258.115 2.928
202006 2.164 257.797 2.803
202009 2.198 260.280 2.820
202012 2.806 260.474 3.598
202103 2.623 264.877 3.307
202106 2.782 271.696 3.419
202109 3.643 274.310 4.435
202112 4.395 278.802 5.264
202203 3.317 287.504 3.853
202206 3.256 296.311 3.670
202209 2.977 296.808 3.350
202212 2.603 296.797 2.929
202303 2.071 301.836 2.291
202306 2.007 305.109 2.197
202309 1.753 307.789 1.902
202312 1.775 306.746 1.932
202403 1.484 312.332 1.587
202406 1.523 314.175 1.619
202409 1.433 315.301 1.518
202412 1.952 315.605 2.065
202503 2.217 319.799 2.315
202506 2.314 322.561 2.396
202509 1.756 324.800 1.805
202512 1.790 324.054 1.845
202603 2.260 330.213 2.286
202606 2.241 333.952 2.241

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 1.81 mean?
Ways Technical (ROCO:3508) has a Cyclically Adjusted PS Ratio of 1.81 as of Aug. 20, 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 Ways Technical and its competitors. This is 27% above median its historical median of 1.43. Over the past decade, Ways Technical's Cyclically Adjusted PS Ratio has ranged from 0.37 to 3.82. According to the industry distribution chart, Ways Technical ranks #722 out of 1274 companies in the Chemicals industry, placing it in the top 56.7%.
Is Ways Technical's Cyclically Adjusted PS Ratio too high?
Ways Technical's current Cyclically Adjusted PS Ratio of 1.81 is 27% above median its 10-year median of 1.43. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 3.82. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.35. Ways Technical's value of 1.81 is 34.6% above this industry median. Based on the distribution chart, Ways Technical ranks #722 out of 1274 companies in the Chemicals industry, which is below the industry midpoint. Overall, Ways Technical has a GF Score™ of 42/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ways Technical's Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ways Technical ranks #722 out of 1274 companies for Cyclically Adjusted PS Ratio. This places Ways Technical in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.35. Ways Technical's value of 1.81 is 34.6% above this benchmark. Historically, Ways Technical's own Cyclically Adjusted PS Ratio has ranged from 0.37 to 3.82 over the past decade. While the company's 10-year median is 1.43 vs. the industry median of 1.35, Ways Technical 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.35, based on 1,274 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. Ways Technical's current Cyclically Adjusted PS Ratio of 1.81 is 34.6% 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 Ways Technical and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ways Technical's current Cyclically Adjusted PS Ratio is 1.81, which is 27% above median its own 10-year median of 1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ways Technical stock overvalued right now?
Based on GuruFocus' analysis, Ways Technical (ROCO:3508) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$25.56, compared to a current price of NT$22.75 — trading 11% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.81, which is 27% above median its 10-year median of 1.43 and 34.6% above the Chemicals industry median of 1.35. Ways Technical's overall GF Score™ is 42/100 with 7 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 Ways Technical (ROCO:3508), the current Cyclically Adjusted PS Ratio is 1.81 as of Aug. 20, 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 Ways Technical (ROCO:3508) Overvalued in 2026?

Based on GuruFocus' analysis, Ways Technical stock appears to be undervalued. The current stock price of NT$22.75 is trading 11% below its estimated GF Value™ of NT$25.56. GuruFocus considers Ways Technical to be Modestly Undervalued.

Key valuation signals for ROCO:3508:

  • Cyclically Adjusted PS Ratio: 1.81 (27% above median its 10-year median of 1.43)
  • GF Value™: NT$25.56 vs. price of NT$22.75 (11% below fair value)
  • GF Score™: 42/100 with 7 warning signs
  • Industry Position: 34.6% above the Chemicals median (#722 of 1274)

No single metric tells the full story. See the ROCO:3508 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ways Technical Business Description

Address No. 26, Gaoqing Road, Yangmei District, Taoyuan, TWN
Ways Technical Corp main businesses is manufacture of plastic daily necessities, surface treatment, and manufacturing and processing of electronic parts and components. The company's services are Tooling Center, Plastic Center / Metal Center, Surface Treatment Center, Assembly Center, Organic Photovoltaics, Energy Storage Solutions, and Miniature Super-Capacitor(MSC). The Group has two reportable departments: the Taiwan Business Group and the China Business Group, engaging in related businesses. The company generates majority of revenue from Taiwan Business Group.
42GF Score

Get the complete analysis for ROCO:3508

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

NT$22.75
Price
NT$25.56
GF Value