Huang Long Development Co (ROCO:3512) Cyclically Adjusted PS Ratio: 0.82 (As of Sep. 14, 2026) — 44% Below Median

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ROCO:3512 Huang Long Development Co Ltd ROCO:3512
61 GF Score
Price NT$19.20
GF Value NT$15.98
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Huang Long Development Co Cyclically Adjusted PS Ratio?

Huang Long Development Co ROCO:3512 61 Cyclically Adjusted PS Ratio is 0.82 as of Sep. 14, 2026, which is 44% below its 10-year median of 1.47. GuruFocus rates ROCO:3512 with a GF Score™ of 61/100 and a GF Value™ of NT$15.98 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,366 Real Estate companies, Huang Long Development Co ranks better than 69.55% on this metric.

As of today (2026-09-14), Huang Long Development Co's current share price is NT$19.20. Huang Long Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was NT$23.34. Huang Long Development Co's Cyclically Adjusted PS Ratio for today is 0.82.

The historical rank and industry rank for Huang Long Development Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

ROCO:3512' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.82   Med: 1.47   Max: 2.21
Current: 0.82

During the past years, Huang Long Development Co's highest Cyclically Adjusted PS Ratio was 2.21. The lowest was 0.82. And the median was 1.47.

ROCO:3512's Cyclically Adjusted PS Ratio is ranked better than
69.55% of 1366 companies
in the Real Estate industry
Industry Median: 1.78 vs ROCO:3512: 0.82

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.

Huang Long Development Co's adjusted revenue per share data for the three months ended in Jun. 2026 was NT$0.529. 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$23.34 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Huang Long Development Co  (ROCO:3512) 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.


Huang Long Development Co Cyclically Adjusted PS Ratio Related Terms


Huang Long Development Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Huang Long Development 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.

Huang Long Development Co Cyclically Adjusted PS Ratio Chart

Huang Long Development 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 1.73 1.35 1.41 1.22 0.96

Huang Long Development Co 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 1.14 0.99 0.96 0.92 0.87

ROCO:3512 vs CBRE, BEKE, JLL: Cyclically Adjusted PS Ratio Comparison

For the Real Estate Services subindustry, Huang Long Development 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.


Huang Long Development Co Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Huang Long Development Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Huang Long Development Co's Cyclically Adjusted PS Ratio falls into.


ROCO:3512
61GF Score
Huang Long Development Co Ltd ROCO:3512
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Huang Long Development 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.

Huang Long Development Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.20/23.34
=0.82

* 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.

Huang Long Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Huang Long Development Co'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)
=0.529/333.9520*333.9520
=0.529

Current CPI (Jun. 2026) = 333.9520.

Huang Long Development Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.788 241.428 3.856
201612 2.201 241.432 3.044
201703 2.405 243.801 3.294
201706 5.608 244.955 7.645
201709 7.201 246.819 9.743
201712 5.559 246.524 7.530
201803 2.711 249.554 3.628
201806 3.921 251.989 5.196
201809 3.386 252.439 4.479
201812 4.982 251.233 6.622
201903 6.283 254.202 8.254
201906 3.938 256.143 5.134
201909 3.265 256.759 4.247
201912 4.558 256.974 5.923
202003 3.585 258.115 4.638
202006 13.483 257.797 17.466
202009 5.647 260.280 7.245
202012 7.966 260.474 10.213
202103 7.631 264.877 9.621
202106 7.077 271.696 8.699
202109 5.764 274.310 7.017
202112 3.614 278.802 4.329
202203 7.048 287.504 8.187
202206 10.725 296.311 12.087
202209 4.773 296.808 5.370
202212 0.614 296.797 0.691
202303 9.041 301.836 10.003
202306 3.226 305.109 3.531
202309 12.453 307.789 13.512
202312 5.450 306.746 5.933
202403 5.279 312.332 5.644
202406 1.415 314.175 1.504
202409 0.045 315.301 0.048
202412 2.555 315.605 2.704
202503 7.049 319.799 7.361
202506 0.466 322.561 0.482
202509 0.103 324.800 0.106
202512 5.794 324.054 5.971
202603 1.860 330.213 1.881
202606 0.529 333.952 0.529

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 0.82 mean?
Huang Long Development Co (ROCO:3512) has a Cyclically Adjusted PS Ratio of 0.82 as of Sep. 14, 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 Huang Long Development Co and its competitors. This is 44% below median its historical median of 1.47. Over the past decade, Huang Long Development Co's Cyclically Adjusted PS Ratio has ranged from 0.82 to 2.21. According to the industry distribution chart, Huang Long Development Co ranks #416 out of 1366 companies in the Real Estate industry, placing it in the top 30.5%.
Is Huang Long Development Co's Cyclically Adjusted PS Ratio too high?
Huang Long Development Co's current Cyclically Adjusted PS Ratio of 0.82 is 44% below median its 10-year median of 1.47. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 2.21. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.78. Huang Long Development Co's value of 0.82 is 53.9% below this industry median. Based on the distribution chart, Huang Long Development Co ranks #416 out of 1366 companies in the Real Estate industry, which is above the industry midpoint. Overall, Huang Long Development Co has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Huang Long Development Co's Cyclically Adjusted PS Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Huang Long Development Co ranks #416 out of 1366 companies for Cyclically Adjusted PS Ratio. This puts Huang Long Development Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.78. Huang Long Development Co's value of 0.82 is 53.9% below this benchmark. Historically, Huang Long Development Co's own Cyclically Adjusted PS Ratio has ranged from 0.82 to 2.21 over the past decade. While the company's 10-year median is 1.47 vs. the industry median of 1.78, Huang Long Development Co 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.78, based on 1,366 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. Huang Long Development Co's current Cyclically Adjusted PS Ratio of 0.82 is 53.9% 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 Huang Long Development Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Huang Long Development Co's current Cyclically Adjusted PS Ratio is 0.82, which is 44% below median its own 10-year median of 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Huang Long Development Co stock overvalued right now?
Based on GuruFocus' analysis, Huang Long Development Co (ROCO:3512) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$15.98, compared to a current price of NT$19.20 — trading 20.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.82, which is 44% below median its 10-year median of 1.47 and 53.9% below the Real Estate industry median of 1.78. Huang Long Development Co's overall GF Score™ is 61/100 with 5 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 Huang Long Development Co (ROCO:3512), the current Cyclically Adjusted PS Ratio is 0.82 as of Sep. 14, 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 Huang Long Development Co (ROCO:3512) Overvalued in 2026?

Based on GuruFocus' analysis, Huang Long Development Co stock appears to be overvalued. The current stock price of NT$19.20 is trading 20.2% above its estimated GF Value™ of NT$15.98. GuruFocus considers Huang Long Development Co to be Modestly Overvalued.

Key valuation signals for ROCO:3512:

  • Cyclically Adjusted PS Ratio: 0.82 (44% below median its 10-year median of 1.47)
  • GF Value™: NT$15.98 vs. price of NT$19.20 (20.2% above fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 53.9% below the Real Estate median (#416 of 1366)

No single metric tells the full story. See the ROCO:3512 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Huang Long Development Co Business Description

Address No. 171, Songde Road, 16th Floor-2, Xinyi District, Taipei City, TWN, 110
Huang Long Development Co Ltd is a Taiwan-based real estate company. The company is engaged in the production and sale of various new types of electronic components, real estate trading, and residential and office building development, renting, and sales. The company has two segments: the Electronics Business segment and the Construction segment, which generates the maximum revenue. It operates in Taiwan, China, and other countries.
61GF Score

Get the complete analysis for ROCO:3512

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

NT$19.20
Price
NT$15.98
GF Value