Connection Technology Systems (ROCO:3672) Cyclically Adjusted PS Ratio: 0.58 (As of Aug. 07, 2026) — 28% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:3672 Connection Technology Systems Inc ROCO:3672
51 GF Score
Price NT$12.90
GF Value NT$8.79
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Connection Technology Systems Cyclically Adjusted PS Ratio?

Connection Technology Systems ROCO:3672 +0.78% 51 Cyclically Adjusted PS Ratio is 0.58 as of Aug. 07, 2026, which is 28% below its 10-year median of 0.80. GuruFocus rates ROCO:3672 with a GF Score™ of 51/100 and a GF Value™ of NT$8.79 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,975 Hardware companies, Connection Technology Systems ranks better than 71.29% on this metric.

As of today (2026-08-07), Connection Technology Systems's current share price is NT$12.90. Connection Technology Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$22.26. Connection Technology Systems's Cyclically Adjusted PS Ratio for today is 0.58.

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

ROCO:3672' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.8   Max: 1.07
Current: 0.57

During the past years, Connection Technology Systems's highest Cyclically Adjusted PS Ratio was 1.07. The lowest was 0.48. And the median was 0.80.

ROCO:3672's Cyclically Adjusted PS Ratio is ranked better than
71.29% of 1975 companies
in the Hardware industry
Industry Median: 1.34 vs ROCO:3672: 0.57

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.

Connection Technology Systems's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$1.453. 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$22.26 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Connection Technology Systems  (ROCO:3672) 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.


Connection Technology Systems Cyclically Adjusted PS Ratio Related Terms


Connection Technology Systems Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Connection Technology Systems'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.

Connection Technology Systems Cyclically Adjusted PS Ratio Chart

Connection Technology Systems 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 0.00 0.96 0.91 0.77 0.58

Connection Technology Systems 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 0.77 0.68 0.62 0.58 0.48

ROCO:3672 vs CSCO, MSI, HPE: Cyclically Adjusted PS Ratio Comparison

For the Communication Equipment subindustry, Connection Technology Systems'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.


Connection Technology Systems Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


ROCO:3672
51GF Score
Connection Technology Systems Inc ROCO:3672
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Connection Technology Systems 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.

Connection Technology Systems's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.90/22.26
=0.58

* 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.

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

For example, Connection Technology Systems'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)
=1.453/330.2130*330.2130
=1.453

Current CPI (Mar. 2026) = 330.2130.

Connection Technology Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.021 241.018 8.249
201609 7.474 241.428 10.223
201612 5.390 241.432 7.372
201703 5.174 243.801 7.008
201706 5.011 244.955 6.755
201709 4.160 246.819 5.566
201712 5.052 246.524 6.767
201803 6.257 249.554 8.279
201806 4.976 251.989 6.521
201809 4.453 252.439 5.825
201812 5.248 251.233 6.898
201903 5.317 254.202 6.907
201906 4.834 256.143 6.232
201909 4.050 256.759 5.209
201912 4.798 256.974 6.165
202003 4.596 258.115 5.880
202006 5.845 257.797 7.487
202009 7.468 260.280 9.475
202012 7.261 260.474 9.205
202103 5.171 264.877 6.447
202106 6.402 271.696 7.781
202109 8.117 274.310 9.771
202112 7.194 278.802 8.521
202203 5.948 287.504 6.832
202206 5.299 296.311 5.905
202209 5.687 296.808 6.327
202212 3.829 296.797 4.260
202303 3.247 301.836 3.552
202306 2.892 305.109 3.130
202309 3.053 307.789 3.275
202312 2.337 306.746 2.516
202403 1.562 312.332 1.651
202406 2.440 314.175 2.565
202409 2.023 315.301 2.119
202412 3.330 315.605 3.484
202503 3.046 319.799 3.145
202506 0.930 322.561 0.952
202509 1.441 324.800 1.465
202512 1.430 324.054 1.457
202603 1.453 330.213 1.453

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 0.58 mean?
Connection Technology Systems (ROCO:3672) has a Cyclically Adjusted PS Ratio of 0.58 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 Connection Technology Systems and its competitors. This is 28% below median its historical median of 0.80. Over the past decade, Connection Technology Systems' Cyclically Adjusted PS Ratio has ranged from 0.48 to 1.07. According to the industry distribution chart, Connection Technology Systems ranks #567 out of 1975 companies in the Hardware industry, placing it in the top 28.7%.
Is Connection Technology Systems' Cyclically Adjusted PS Ratio too high?
Connection Technology Systems' current Cyclically Adjusted PS Ratio of 0.58 is 28% below median its 10-year median of 0.80. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 1.07. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. Connection Technology Systems' value of 0.58 is 56.7% below this industry median. Based on the distribution chart, Connection Technology Systems ranks #567 out of 1975 companies in the Hardware industry, which is above the industry midpoint. Overall, Connection Technology Systems has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Connection Technology Systems' Cyclically Adjusted PS Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, Connection Technology Systems ranks #567 out of 1975 companies for Cyclically Adjusted PS Ratio. This puts Connection Technology Systems in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Connection Technology Systems' value of 0.58 is 56.7% below this benchmark. Historically, Connection Technology Systems' own Cyclically Adjusted PS Ratio has ranged from 0.48 to 1.07 over the past decade. While the company's 10-year median is 0.80 vs. the industry median of 1.34, Connection Technology Systems 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. Connection Technology Systems's current Cyclically Adjusted PS Ratio of 0.58 is 56.7% 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 Connection Technology Systems 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. Connection Technology Systems's current Cyclically Adjusted PS Ratio is 0.58, which is 28% below median its own 10-year median of 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Connection Technology Systems stock overvalued right now?
Based on GuruFocus' analysis, Connection Technology Systems (ROCO:3672) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$8.79, compared to a current price of NT$12.90 — trading 46.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.58, which is 28% below median its 10-year median of 0.80 and 56.7% below the Hardware industry median of 1.34. Connection Technology Systems' overall GF Score™ is 51/100 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 Connection Technology Systems (ROCO:3672), the current Cyclically Adjusted PS Ratio is 0.58 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 Connection Technology Systems (ROCO:3672) Overvalued in 2026?

Based on GuruFocus' analysis, Connection Technology Systems stock appears to be overvalued. The current stock price of NT$12.90 is trading 46.8% above its estimated GF Value™ of NT$8.79. GuruFocus considers Connection Technology Systems to be Significantly Overvalued.

Key valuation signals for ROCO:3672:

  • Cyclically Adjusted PS Ratio: 0.58 (28% below median its 10-year median of 0.80)
  • GF Value™: NT$8.79 vs. price of NT$12.90 (46.8% above fair value)
  • GF Score™: 51/100 with 5 warning signs
  • Industry Position: 56.7% below the Hardware median (#567 of 1975)

No single metric tells the full story. See the ROCO:3672 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Connection Technology Systems Business Description

Address 18F-6, No.79, Sec.1, Xintai 5th Road, Xizhi District, New Taipei City, Taipei, TWN, 221
Connection Technology Systems Inc. is engaged in providing fiber optic communication products and services in Taiwan. Its main products include Fiber Switch Product, Fiber Gateway Product, PoE Product, Media Converter Product.
51GF Score

Get the complete analysis for ROCO:3672

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

NT$12.90
Price
NT$8.79
GF Value