U.D.Electronic (ROCO:3689) Cyclically Adjusted PS Ratio: 1.28 (As of Aug. 20, 2026) — 86% Above 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:3689 U.D.Electronic Corp ROCO:3689
77 GF Score
Price NT$106.50
GF Value NT$117.43
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is U.D.Electronic Cyclically Adjusted PS Ratio?

U.D.Electronic ROCO:3689 77 Cyclically Adjusted PS Ratio is 1.28 as of Aug. 20, 2026, which is 86% above its 10-year median of 0.69. GuruFocus rates ROCO:3689 with a GF Score™ of 77/100 and a GF Value™ of NT$117.43 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,974 Hardware companies, U.D.Electronic ranks better than 53.09% on this metric.

As of today (2026-08-20), U.D.Electronic's current share price is NT$106.50. U.D.Electronic's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was NT$83.37. U.D.Electronic's Cyclically Adjusted PS Ratio for today is 1.28.

The historical rank and industry rank for U.D.Electronic's Cyclically Adjusted PS Ratio or its related term are showing as below:

ROCO:3689' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.69   Max: 1.72
Current: 1.28

During the past years, U.D.Electronic's highest Cyclically Adjusted PS Ratio was 1.72. The lowest was 0.36. And the median was 0.69.

ROCO:3689's Cyclically Adjusted PS Ratio is ranked better than
53.09% of 1974 companies
in the Hardware industry
Industry Median: 1.41 vs ROCO:3689: 1.28

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.

U.D.Electronic's adjusted revenue per share data for the three months ended in Jun. 2026 was NT$24.449. 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$83.37 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


U.D.Electronic  (ROCO:3689) 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.


U.D.Electronic Cyclically Adjusted PS Ratio Related Terms


U.D.Electronic Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for U.D.Electronic'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.

U.D.Electronic Cyclically Adjusted PS Ratio Chart

U.D.Electronic 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 0.65 0.40 0.70 1.26 1.43

U.D.Electronic 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 1.19 1.20 1.43 1.29 1.44

ROCO:3689 vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, U.D.Electronic'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.


U.D.Electronic Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, U.D.Electronic's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where U.D.Electronic's Cyclically Adjusted PS Ratio falls into.


ROCO:3689
77GF Score
U.D.Electronic Corp ROCO:3689
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

U.D.Electronic 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.

U.D.Electronic's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=106.50/83.37
=1.28

* 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.

U.D.Electronic's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, U.D.Electronic'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)
=24.449/333.9520*333.9520
=24.449

Current CPI (Jun. 2026) = 333.9520.

U.D.Electronic Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 16.742 241.428 23.158
201612 16.214 241.432 22.427
201703 14.158 243.801 19.393
201706 14.688 244.955 20.024
201709 17.123 246.819 23.168
201712 15.080 246.524 20.428
201803 14.291 249.554 19.124
201806 15.476 251.989 20.510
201809 16.369 252.439 21.655
201812 15.962 251.233 21.218
201903 14.970 254.202 19.666
201906 16.429 256.143 21.420
201909 16.923 256.759 22.011
201912 17.555 256.974 22.814
202003 13.307 258.115 17.217
202006 19.367 257.797 25.088
202009 18.345 260.280 23.538
202012 16.373 260.474 20.992
202103 18.272 264.877 23.037
202106 20.290 271.696 24.939
202109 21.962 274.310 26.737
202112 17.154 278.802 20.547
202203 20.874 287.504 24.246
202206 21.596 296.311 24.339
202209 18.950 296.808 21.321
202212 18.399 296.797 20.702
202303 18.265 301.836 20.208
202306 19.861 305.109 21.739
202309 22.305 307.789 24.201
202312 16.595 306.746 18.067
202403 12.335 312.332 13.189
202406 13.962 314.175 14.841
202409 16.142 315.301 17.097
202412 15.908 315.605 16.833
202503 16.668 319.799 17.406
202506 17.313 322.561 17.924
202509 16.974 324.800 17.452
202512 18.585 324.054 19.153
202603 21.220 330.213 21.460
202606 24.449 333.952 24.449

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 1.28 mean?
U.D.Electronic (ROCO:3689) has a Cyclically Adjusted PS Ratio of 1.28 as of Aug. 20, 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 U.D.Electronic and its competitors. This is 86% above median its historical median of 0.69. Over the past decade, U.D.Electronic's Cyclically Adjusted PS Ratio has ranged from 0.36 to 1.72. According to the industry distribution chart, U.D.Electronic ranks #926 out of 1974 companies in the Hardware industry, placing it in the top 46.9%.
Is U.D.Electronic's Cyclically Adjusted PS Ratio too high?
U.D.Electronic's current Cyclically Adjusted PS Ratio of 1.28 is 86% above median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.72. The Hardware industry median Cyclically Adjusted PS Ratio is 1.41. U.D.Electronic's value of 1.28 is 9.2% below this industry median. Based on the distribution chart, U.D.Electronic ranks #926 out of 1974 companies in the Hardware industry, which is above the industry midpoint. Overall, U.D.Electronic has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does U.D.Electronic's Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, U.D.Electronic ranks #926 out of 1974 companies for Cyclically Adjusted PS Ratio. This puts U.D.Electronic in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.41. U.D.Electronic's value of 1.28 is 9.2% below this benchmark. Historically, U.D.Electronic's own Cyclically Adjusted PS Ratio has ranged from 0.36 to 1.72 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 1.41, U.D.Electronic 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 1.41, 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. U.D.Electronic's current Cyclically Adjusted PS Ratio of 1.28 is 9.2% 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 U.D.Electronic and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. U.D.Electronic's current Cyclically Adjusted PS Ratio is 1.28, which is 86% above median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is U.D.Electronic stock overvalued right now?
Based on GuruFocus' analysis, U.D.Electronic (ROCO:3689) is currently considered Fairly Valued. The stock's GF Value™ is NT$117.43, compared to a current price of NT$106.50 — trading 9.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.28, which is 86% above median its 10-year median of 0.69 and 9.2% below the Hardware industry median of 1.41. U.D.Electronic's overall GF Score™ is 77/100 with 3 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 U.D.Electronic (ROCO:3689), the current Cyclically Adjusted PS Ratio is 1.28 as of Aug. 20, 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 U.D.Electronic (ROCO:3689) Overvalued in 2026?

Based on GuruFocus' analysis, U.D.Electronic stock appears to be undervalued. The current stock price of NT$106.50 is trading 9.3% below its estimated GF Value™ of NT$117.43. GuruFocus considers U.D.Electronic to be Fairly Valued.

Key valuation signals for ROCO:3689:

  • Cyclically Adjusted PS Ratio: 1.28 (86% above median its 10-year median of 0.69)
  • GF Value™: NT$117.43 vs. price of NT$106.50 (9.3% below fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 9.2% below the Hardware median (#926 of 1974)

No single metric tells the full story. See the ROCO:3689 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


U.D.Electronic Business Description

Address Lane 68, Neixi Road, No. 13, 2nd Floor, Luzhu District, Taoyuan, TWN, 338012
U.D.Electronic Corp is a Taiwan-based company mainly engaged in the research, development, manufacture, and distribution of signal connectors. The company generates maximum revenue from sales of electronic connectors for telecommunications, data communications, and computers. Its segments include Integrated Signal Connectors, Power Supplies & LED Lighting Products, and Other. The company generates a majority of its revenue from Taiwan and the rest from China and Vietnam.
77GF Score

Get the complete analysis for ROCO:3689

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

NT$106.50
Price
NT$117.43
GF Value