Thermaltake Technology Co (ROCO:3540) Cyclically Adjusted PS Ratio: 0.31 (As of Aug. 06, 2026) — 48% Below Median

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ROCO:3540 Thermaltake Technology Co Ltd ROCO:3540
57 GF Score
Price NT$20.30
GF Value NT$47.46
Valuation Possible Value Trap
! 8 Warning Signs
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What is Thermaltake Technology Co Cyclically Adjusted PS Ratio?

Thermaltake Technology Co ROCO:3540 +0.50% 57 Cyclically Adjusted PS Ratio is 0.31 as of Aug. 06, 2026, which is 48% below its 10-year median of 0.60. GuruFocus rates ROCO:3540 with a GF Score™ of 57/100 and a GF Value™ of NT$47.46 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,975 Hardware companies, Thermaltake Technology Co ranks better than 84% on this metric.

As of today (2026-08-06), Thermaltake Technology Co's current share price is NT$20.30. Thermaltake Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$66.38. Thermaltake Technology Co's Cyclically Adjusted PS Ratio for today is 0.31.

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

ROCO:3540' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.6   Max: 1.63
Current: 0.31

During the past years, Thermaltake Technology Co's highest Cyclically Adjusted PS Ratio was 1.63. The lowest was 0.29. And the median was 0.60.

ROCO:3540's Cyclically Adjusted PS Ratio is ranked better than
84% of 1975 companies
in the Hardware industry
Industry Median: 1.34 vs ROCO:3540: 0.31

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.

Thermaltake Technology Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$17.059. 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$66.38 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thermaltake Technology Co  (ROCO:3540) 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.


Thermaltake Technology Co Cyclically Adjusted PS Ratio Related Terms


Thermaltake Technology Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Thermaltake Technology 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.

Thermaltake Technology Co Cyclically Adjusted PS Ratio Chart

Thermaltake Technology 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 0.78 0.47 0.74 0.59 0.47

Thermaltake Technology 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 0.50 0.48 0.52 0.47 0.38

ROCO:3540 vs SNX, ARW, AVT: Cyclically Adjusted PS Ratio Comparison

For the Electronics & Computer Distribution subindustry, Thermaltake Technology 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.


Thermaltake Technology Co Cyclically Adjusted PS Ratio vs Hardware Industry

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

* The bar in red indicates where Thermaltake Technology Co's Cyclically Adjusted PS Ratio falls into.


ROCO:3540
57GF Score
Thermaltake Technology Co Ltd ROCO:3540
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thermaltake Technology 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.

Thermaltake Technology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.30/66.38
=0.31

* 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.

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

For example, Thermaltake Technology 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)
=17.059/330.2130*330.2130
=17.059

Current CPI (Mar. 2026) = 330.2130.

Thermaltake Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 9.601 241.018 13.154
201609 11.177 241.428 15.287
201612 11.116 241.432 15.204
201703 12.041 243.801 16.309
201706 11.230 244.955 15.139
201709 12.707 246.819 17.000
201712 11.535 246.524 15.451
201803 14.031 249.554 18.566
201806 12.880 251.989 16.878
201809 12.776 252.439 16.712
201812 11.772 251.233 15.473
201903 13.689 254.202 17.782
201906 13.239 256.143 17.067
201909 13.673 256.759 17.585
201912 13.281 256.974 17.066
202003 12.901 258.115 16.505
202006 18.433 257.797 23.611
202009 22.351 260.280 28.356
202012 17.487 260.474 22.169
202103 19.192 264.877 23.926
202106 14.958 271.696 18.180
202109 12.068 274.310 14.527
202112 11.407 278.802 13.510
202203 9.603 287.504 11.030
202206 11.748 296.311 13.092
202209 10.163 296.808 11.307
202212 13.573 296.797 15.101
202303 14.808 301.836 16.200
202306 15.525 305.109 16.802
202309 14.465 307.789 15.519
202312 14.547 306.746 15.660
202403 14.673 312.332 15.513
202406 12.631 314.175 13.276
202409 11.380 315.301 11.918
202412 14.368 315.605 15.033
202503 17.781 319.799 18.360
202506 17.289 322.561 17.699
202509 16.329 324.800 16.601
202512 17.872 324.054 18.212
202603 17.059 330.213 17.059

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 0.31 mean?
Thermaltake Technology Co (ROCO:3540) has a Cyclically Adjusted PS Ratio of 0.31 as of Aug. 06, 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 Thermaltake Technology Co and its competitors. This is 48% below median its historical median of 0.60. Over the past decade, Thermaltake Technology Co's Cyclically Adjusted PS Ratio has ranged from 0.29 to 1.63. According to the industry distribution chart, Thermaltake Technology Co ranks #316 out of 1975 companies in the Hardware industry, placing it in the top 16%.
Is Thermaltake Technology Co's Cyclically Adjusted PS Ratio too high?
Thermaltake Technology Co's current Cyclically Adjusted PS Ratio of 0.31 is 48% below median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.63. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. Thermaltake Technology Co's value of 0.31 is 76.9% below this industry median. Based on the distribution chart, Thermaltake Technology Co ranks #316 out of 1975 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Thermaltake Technology Co has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thermaltake Technology Co's Cyclically Adjusted PS Ratio compare to SNX and ARW?
According to the Hardware industry distribution chart, Thermaltake Technology Co ranks #316 out of 1975 companies for Cyclically Adjusted PS Ratio. This places Thermaltake Technology Co in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.34. Thermaltake Technology Co's value of 0.31 is 76.9% below this benchmark. Historically, Thermaltake Technology Co's own Cyclically Adjusted PS Ratio has ranged from 0.29 to 1.63 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 1.34, Thermaltake Technology 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 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. Thermaltake Technology Co's current Cyclically Adjusted PS Ratio of 0.31 is 76.9% 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 Thermaltake Technology 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. Thermaltake Technology Co's current Cyclically Adjusted PS Ratio is 0.31, which is 48% below median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thermaltake Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Thermaltake Technology Co (ROCO:3540) is currently considered Possible Value Trap. The stock's GF Value™ is NT$47.46, compared to a current price of NT$20.30 — trading 57.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.31, which is 48% below median its 10-year median of 0.60 and 76.9% below the Hardware industry median of 1.34. Thermaltake Technology Co's overall GF Score™ is 57/100 with 8 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 Thermaltake Technology Co (ROCO:3540), the current Cyclically Adjusted PS Ratio is 0.31 as of Aug. 06, 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 Thermaltake Technology Co (ROCO:3540) Overvalued in 2026?

Based on GuruFocus' analysis, Thermaltake Technology Co stock appears to be undervalued. The current stock price of NT$20.30 is trading 57.2% below its estimated GF Value™ of NT$47.46. GuruFocus considers Thermaltake Technology Co to be Possible Value Trap.

Key valuation signals for ROCO:3540:

  • Cyclically Adjusted PS Ratio: 0.31 (48% below median its 10-year median of 0.60)
  • GF Value™: NT$47.46 vs. price of NT$20.30 (57.2% below fair value)
  • GF Score™: 57/100 with 8 warning signs
  • Industry Position: 76.9% below the Hardware median (#316 of 1975)

No single metric tells the full story. See the ROCO:3540 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thermaltake Technology Co Business Description

Address Tiding boulevard, 5th Floor, No. 185, Section 2, Neihu District, New Taipei City, TWN, 114
Thermaltake Technology Co Ltd currently engages in the wholesale of electronic materials, office machinery, and equipment, the design and trading of computers, and peripheral equipment. Geographically, the company has a presence in America, Asia, Europe, and other regions.
57GF Score

Get the complete analysis for ROCO:3540

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

NT$20.30
Price
NT$47.46
GF Value