ICP DAS Co (ROCO:3577) Cyclically Adjusted PS Ratio: 7.41 (As of Aug. 05, 2026) — 98% Above Median

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ROCO:3577 ICP DAS Co Ltd ROCO:3577
70 GF Score
Price NT$131.50
GF Value NT$72.10
Valuation Significantly Overvalued
! 2 Warning Signs
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What is ICP DAS Co Cyclically Adjusted PS Ratio?

ICP DAS Co ROCO:3577 +2.33% 70 Cyclically Adjusted PS Ratio is 7.41 as of Aug. 05, 2026, which is 98% above its 10-year median of 3.75. GuruFocus rates ROCO:3577 with a GF Score™ of 70/100 and a GF Value™ of NT$72.10 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,974 Hardware companies, ICP DAS Co ranks worse than 86.27% on this metric.

As of today (2026-08-05), ICP DAS Co's current share price is NT$131.50. ICP DAS Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$17.75. ICP DAS Co's Cyclically Adjusted PS Ratio for today is 7.41.

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

ROCO:3577' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.82   Med: 3.75   Max: 8.87
Current: 6.31

During the past years, ICP DAS Co's highest Cyclically Adjusted PS Ratio was 8.87. The lowest was 1.82. And the median was 3.75.

ROCO:3577's Cyclically Adjusted PS Ratio is ranked worse than
86.27% of 1974 companies
in the Hardware industry
Industry Median: 1.335 vs ROCO:3577: 6.31

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.

ICP DAS Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$6.008. 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$17.75 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ICP DAS Co  (ROCO:3577) 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.


ICP DAS Co Cyclically Adjusted PS Ratio Related Terms


ICP DAS Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for ICP DAS 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.

ICP DAS Co Cyclically Adjusted PS Ratio Chart

ICP DAS 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 3.47 5.04 5.12 3.81 3.78

ICP DAS 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 3.50 4.28 4.17 3.78 3.96

ROCO:3577 vs CSCO, MSI, HPE: Cyclically Adjusted PS Ratio Comparison

For the Communication Equipment subindustry, ICP DAS 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.


ICP DAS Co Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


ROCO:3577
70GF Score
ICP DAS Co Ltd ROCO:3577
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ICP DAS 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.

ICP DAS Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=131.50/17.75
=7.41

* 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.

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

For example, ICP DAS 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)
=6.008/330.2130*330.2130
=6.008

Current CPI (Mar. 2026) = 330.2130.

ICP DAS Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.753 241.018 3.772
201609 4.644 241.428 6.352
201612 2.705 241.432 3.700
201703 2.625 243.801 3.555
201706 3.003 244.955 4.048
201709 3.175 246.819 4.248
201712 2.856 246.524 3.826
201803 3.154 249.554 4.173
201806 3.251 251.989 4.260
201809 3.145 252.439 4.114
201812 3.082 251.233 4.051
201903 2.815 254.202 3.657
201906 3.070 256.143 3.958
201909 3.329 256.759 4.281
201912 3.084 256.974 3.963
202003 2.855 258.115 3.652
202006 2.909 257.797 3.726
202009 2.796 260.280 3.547
202012 3.287 260.474 4.167
202103 3.446 264.877 4.296
202106 4.478 271.696 5.442
202109 3.725 274.310 4.484
202112 4.573 278.802 5.416
202203 3.989 287.504 4.582
202206 4.925 296.311 5.488
202209 5.671 296.808 6.309
202212 4.421 296.797 4.919
202303 4.216 301.836 4.612
202306 3.559 305.109 3.852
202309 4.375 307.789 4.694
202312 3.920 306.746 4.220
202403 3.664 312.332 3.874
202406 3.912 314.175 4.112
202409 5.034 315.301 5.272
202412 4.038 315.605 4.225
202503 4.904 319.799 5.064
202506 4.546 322.561 4.654
202509 4.016 324.800 4.083
202512 4.710 324.054 4.800
202603 6.008 330.213 6.008

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 7.41 mean?
ICP DAS Co (ROCO:3577) has a Cyclically Adjusted PS Ratio of 7.41 as of Aug. 05, 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 ICP DAS Co and its competitors. This is 98% above median its historical median of 3.75. Over the past decade, ICP DAS Co's Cyclically Adjusted PS Ratio has ranged from 1.82 to 8.87. According to the industry distribution chart, ICP DAS Co ranks #1703 out of 1974 companies in the Hardware industry, placing it in the top 86.3%.
Is ICP DAS Co's Cyclically Adjusted PS Ratio too high?
ICP DAS Co's current Cyclically Adjusted PS Ratio of 7.41 is 98% above median its 10-year median of 3.75. Over the past 10 years, this metric has ranged from a low of 1.82 to a high of 8.87. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. ICP DAS Co's value of 7.41 is 455.1% above this industry median. Based on the distribution chart, ICP DAS Co ranks #1703 out of 1974 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, ICP DAS Co has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ICP DAS Co's Cyclically Adjusted PS Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, ICP DAS Co ranks #1703 out of 1974 companies for Cyclically Adjusted PS Ratio. This places ICP DAS Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. ICP DAS Co's value of 7.41 is 455.1% above this benchmark. Historically, ICP DAS Co's own Cyclically Adjusted PS Ratio has ranged from 1.82 to 8.87 over the past decade. While the company's 10-year median is 3.75 vs. the industry median of 1.34, ICP DAS 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 1,974 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. ICP DAS Co's current Cyclically Adjusted PS Ratio of 7.41 is 455.1% 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 ICP DAS 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. ICP DAS Co's current Cyclically Adjusted PS Ratio is 7.41, which is 98% above median its own 10-year median of 3.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICP DAS Co stock overvalued right now?
Based on GuruFocus' analysis, ICP DAS Co (ROCO:3577) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$72.10, compared to a current price of NT$131.50 — trading 82.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.41, which is 98% above median its 10-year median of 3.75 and 455.1% above the Hardware industry median of 1.34. ICP DAS Co's overall GF Score™ is 70/100 with 2 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 ICP DAS Co (ROCO:3577), the current Cyclically Adjusted PS Ratio is 7.41 as of Aug. 05, 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 ICP DAS Co (ROCO:3577) Overvalued in 2026?

Based on GuruFocus' analysis, ICP DAS Co stock appears to be overvalued. The current stock price of NT$131.50 is trading 82.4% above its estimated GF Value™ of NT$72.10. GuruFocus considers ICP DAS Co to be Significantly Overvalued.

Key valuation signals for ROCO:3577:

  • Cyclically Adjusted PS Ratio: 7.41 (98% above median its 10-year median of 3.75)
  • GF Value™: NT$72.10 vs. price of NT$131.50 (82.4% above fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 455.1% above the Hardware median (#1703 of 1974)

No single metric tells the full story. See the ROCO:3577 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ICP DAS Co Business Description

Address No. 111, Guangfu North Road, Hsinchu Industrial Zone, Hukou Township, Hsinchu, TWN, 30351
ICP DAS Co Ltd is a Taiwan based company engaged in the production and sale of industrial computer hardware, software and peripheral equipment. Its products include programmable automation controllers, PC based I/O boards, machine automation products, industrial communication products, wireless modems, intelligent power meters and others. The company also geographically operates in Taiwan, Mainland China, United States, Germany, UAE and Others. It derives maximum revenue from Taiwan.
70GF Score

Get the complete analysis for ROCO:3577

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

NT$131.50
Price
NT$72.10
GF Value