Thintech Material Technology Co (ROCO:3663) Cyclically Adjusted PS Ratio: 1.27 (As of Aug. 07, 2026) — 61% Above Median

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ROCO:3663 Thintech Material Technology Co Ltd ROCO:3663
68 GF Score
Price NT$63.40
GF Value NT$72.03
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Thintech Material Technology Co Cyclically Adjusted PS Ratio?

Thintech Material Technology Co ROCO:3663 -1.55% 68 Cyclically Adjusted PS Ratio is 1.27 as of Aug. 07, 2026, which is 61% above its 10-year median of 0.79. GuruFocus rates ROCO:3663 with a GF Score™ of 68/100 and a GF Value™ of NT$72.03 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,293 Industrial Products companies, Thintech Material Technology Co ranks better than 57.96% on this metric.

As of today (2026-08-07), Thintech Material Technology Co's current share price is NT$63.40. Thintech Material Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$49.91. Thintech Material Technology Co's Cyclically Adjusted PS Ratio for today is 1.27.

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

ROCO:3663' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.79   Max: 2.24
Current: 1.29

During the past years, Thintech Material Technology Co's highest Cyclically Adjusted PS Ratio was 2.24. The lowest was 0.40. And the median was 0.79.

ROCO:3663's Cyclically Adjusted PS Ratio is ranked better than
57.96% of 2293 companies
in the Industrial Products industry
Industry Median: 1.71 vs ROCO:3663: 1.29

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.

Thintech Material Technology Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$22.571. 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$49.91 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thintech Material Technology Co  (ROCO:3663) 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.


Thintech Material Technology Co Cyclically Adjusted PS Ratio Related Terms


Thintech Material Technology Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Thintech Material 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.

Thintech Material Technology Co Cyclically Adjusted PS Ratio Chart

Thintech Material 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 0.74 0.65 0.78 1.52 1.19

Thintech Material 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 1.12 1.35 1.07 1.19 1.38

ROCO:3663 vs CRS, ATI, MLI: Cyclically Adjusted PS Ratio Comparison

For the Metal Fabrication subindustry, Thintech Material 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.


Thintech Material Technology Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Thintech Material Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ROCO:3663
68GF Score
Thintech Material Technology Co Ltd ROCO:3663
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thintech Material 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=63.40/49.91
=1.27

* 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.

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

For example, Thintech Material 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)
=22.571/330.2130*330.2130
=22.571

Current CPI (Mar. 2026) = 330.2130.

Thintech Material Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 8.398 241.018 11.506
201609 11.880 241.428 16.249
201612 11.383 241.432 15.569
201703 9.379 243.801 12.703
201706 9.176 244.955 12.370
201709 8.365 246.819 11.191
201712 8.577 246.524 11.489
201803 8.331 249.554 11.024
201806 7.660 251.989 10.038
201809 8.646 252.439 11.310
201812 7.575 251.233 9.956
201903 6.583 254.202 8.551
201906 6.909 256.143 8.907
201909 7.405 256.759 9.523
201912 8.120 256.974 10.434
202003 7.830 258.115 10.017
202006 6.139 257.797 7.863
202009 8.912 260.280 11.307
202012 9.313 260.474 11.806
202103 10.361 264.877 12.917
202106 10.290 271.696 12.506
202109 10.548 274.310 12.698
202112 9.321 278.802 11.040
202203 8.996 287.504 10.332
202206 10.981 296.311 12.237
202209 7.188 296.808 7.997
202212 6.848 296.797 7.619
202303 7.455 301.836 8.156
202306 23.369 305.109 25.292
202309 17.678 307.789 18.966
202312 13.210 306.746 14.221
202403 10.658 312.332 11.268
202406 18.244 314.175 19.175
202409 13.093 315.301 13.712
202412 11.752 315.605 12.296
202503 10.590 319.799 10.935
202506 15.202 322.561 15.563
202509 12.341 324.800 12.547
202512 14.993 324.054 15.278
202603 22.571 330.213 22.571

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 1.27 mean?
Thintech Material Technology Co (ROCO:3663) has a Cyclically Adjusted PS Ratio of 1.27 as of Aug. 07, 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 Thintech Material Technology Co and its competitors. This is 61% above median its historical median of 0.79. Over the past decade, Thintech Material Technology Co's Cyclically Adjusted PS Ratio has ranged from 0.40 to 2.24. According to the industry distribution chart, Thintech Material Technology Co ranks #964 out of 2293 companies in the Industrial Products industry, placing it in the top 42%.
Is Thintech Material Technology Co's Cyclically Adjusted PS Ratio too high?
Thintech Material Technology Co's current Cyclically Adjusted PS Ratio of 1.27 is 61% above median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 2.24. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.71. Thintech Material Technology Co's value of 1.27 is 25.7% below this industry median. Based on the distribution chart, Thintech Material Technology Co ranks #964 out of 2293 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Thintech Material Technology Co has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thintech Material Technology Co's Cyclically Adjusted PS Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Thintech Material Technology Co ranks #964 out of 2293 companies for Cyclically Adjusted PS Ratio. This puts Thintech Material Technology Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.71. Thintech Material Technology Co's value of 1.27 is 25.7% below this benchmark. Historically, Thintech Material Technology Co's own Cyclically Adjusted PS Ratio has ranged from 0.40 to 2.24 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 1.71, Thintech Material 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.71, based on 2,293 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. Thintech Material Technology Co's current Cyclically Adjusted PS Ratio of 1.27 is 25.7% 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 Thintech Material Technology Co 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. Thintech Material Technology Co's current Cyclically Adjusted PS Ratio is 1.27, which is 61% above median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thintech Material Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Thintech Material Technology Co (ROCO:3663) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$72.03, compared to a current price of NT$63.40 — trading 12% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.27, which is 61% above median its 10-year median of 0.79 and 25.7% below the Industrial Products industry median of 1.71. Thintech Material Technology Co's overall GF Score™ is 68/100 with 6 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 Thintech Material Technology Co (ROCO:3663), the current Cyclically Adjusted PS Ratio is 1.27 as of Aug. 07, 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 Thintech Material Technology Co (ROCO:3663) Overvalued in 2026?

Based on GuruFocus' analysis, Thintech Material Technology Co stock appears to be undervalued. The current stock price of NT$63.40 is trading 12% below its estimated GF Value™ of NT$72.03. GuruFocus considers Thintech Material Technology Co to be Modestly Undervalued.

Key valuation signals for ROCO:3663:

  • Cyclically Adjusted PS Ratio: 1.27 (61% above median its 10-year median of 0.79)
  • GF Value™: NT$72.03 vs. price of NT$63.40 (12% below fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 25.7% below the Industrial Products median (#964 of 2293)

No single metric tells the full story. See the ROCO:3663 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thintech Material Technology Co Business Description

Address No. 140, Zhongshan North Road, 8F-4 Floor, Gangshan District, Kaohsiung, TWN
Thintech Material Technology Co Ltd is a Taiwan-based company engaged in the processing and sales of a variety of thin film sputtering targets and precious metals, as well as trading general metals. Its products include conductive paste for solar cells, thin film for sputtering targets, target bonding service, precious metal refining, injection molding bi-metal barrels, and special alloy powder. It is engaged in four segments: ThinTech Materials Technology Co., Ltd, Changzhou CSPM, Ltd, and Others. Key revenue is generated from ThinTech Materials Technology Co., Ltd, which is engaged in the processing and sales of various thin film sputtering targets and precious metals, as well as trading of general metals.
68GF Score

Get the complete analysis for ROCO:3663

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

NT$63.40
Price
NT$72.03
GF Value