Center Laboratories (ROCO:4123) Cyclically Adjusted PS Ratio: 2.65 (As of Aug. 15, 2026) — 16% Below Median

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ROCO:4123 Center Laboratories Inc ROCO:4123
70 GF Score
Price NT$32.67
GF Value NT$42.80
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Center Laboratories Cyclically Adjusted PS Ratio?

Center Laboratories ROCO:4123 -1.15% 70 Cyclically Adjusted PS Ratio is 2.65 as of Aug. 15, 2026, which is 16% below its 10-year median of 3.17. GuruFocus rates ROCO:4123 with a GF Score™ of 70/100 and a GF Value™ of NT$42.80 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 751 Drug Manufacturers companies, Center Laboratories ranks worse than 59.25% on this metric.

As of today (2026-08-15), Center Laboratories's current share price is NT$32.669605. Center Laboratories's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$12.34. Center Laboratories's Cyclically Adjusted PS Ratio for today is 2.65.

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

ROCO:4123' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.89   Med: 3.17   Max: 4.97
Current: 2.65

During the past years, Center Laboratories's highest Cyclically Adjusted PS Ratio was 4.97. The lowest was 1.89. And the median was 3.17.

ROCO:4123's Cyclically Adjusted PS Ratio is ranked worse than
59.25% of 751 companies
in the Drug Manufacturers industry
Industry Median: 2.04 vs ROCO:4123: 2.65

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.

Center Laboratories's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$0.543. 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$12.34 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Center Laboratories  (ROCO:4123) 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.


Center Laboratories Cyclically Adjusted PS Ratio Related Terms


Center Laboratories Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Center Laboratories'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.

Center Laboratories Cyclically Adjusted PS Ratio Chart

Center Laboratories 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 3.55 3.02 3.02 2.91 3.09

Center Laboratories 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 2.40 2.49 2.61 3.09 3.13

ROCO:4123 vs ZTS: Cyclically Adjusted PS Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Center Laboratories'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.


Center Laboratories Cyclically Adjusted PS Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Center Laboratories's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Center Laboratories's Cyclically Adjusted PS Ratio falls into.


ROCO:4123
70GF Score
Center Laboratories Inc ROCO:4123
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Center Laboratories 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.

Center Laboratories's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=32.669605/12.34
=2.65

* 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.

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

For example, Center Laboratories'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)
=0.543/330.2130*330.2130
=0.543

Current CPI (Mar. 2026) = 330.2130.

Center Laboratories Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.257 241.018 8.573
201609 5.681 241.428 7.770
201612 7.368 241.432 10.077
201703 6.241 243.801 8.453
201706 6.913 244.955 9.319
201709 8.091 246.819 10.825
201712 9.687 246.524 12.976
201803 8.537 249.554 11.296
201806 11.527 251.989 15.105
201809 8.810 252.439 11.524
201812 3.640 251.233 4.784
201903 0.562 254.202 0.730
201906 0.557 256.143 0.718
201909 0.530 256.759 0.682
201912 0.576 256.974 0.740
202003 0.445 258.115 0.569
202006 0.159 257.797 0.204
202009 0.186 260.280 0.236
202012 0.234 260.474 0.297
202103 0.215 264.877 0.268
202106 0.182 271.696 0.221
202109 0.125 274.310 0.150
202112 0.164 278.802 0.194
202203 0.206 287.504 0.237
202206 0.290 296.311 0.323
202209 0.240 296.808 0.267
202212 0.331 296.797 0.368
202303 0.442 301.836 0.484
202306 0.434 305.109 0.470
202309 0.471 307.789 0.505
202312 0.532 306.746 0.573
202403 0.476 312.332 0.503
202406 0.517 314.175 0.543
202409 0.482 315.301 0.505
202412 0.564 315.605 0.590
202503 0.418 319.799 0.432
202506 0.477 322.561 0.488
202509 0.422 324.800 0.429
202512 0.454 324.054 0.463
202603 0.543 330.213 0.543

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 2.65 mean?
Center Laboratories (ROCO:4123) has a Cyclically Adjusted PS Ratio of 2.65 as of Aug. 15, 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 Center Laboratories and its competitors. This is 16% below median its historical median of 3.17. Over the past decade, Center Laboratories' Cyclically Adjusted PS Ratio has ranged from 1.89 to 4.97. According to the industry distribution chart, Center Laboratories ranks #445 out of 751 companies in the Drug Manufacturers industry, placing it in the top 59.3%.
Is Center Laboratories' Cyclically Adjusted PS Ratio too high?
Center Laboratories' current Cyclically Adjusted PS Ratio of 2.65 is 16% below median its 10-year median of 3.17. Over the past 10 years, this metric has ranged from a low of 1.89 to a high of 4.97. The Drug Manufacturers industry median Cyclically Adjusted PS Ratio is 2.04. Center Laboratories' value of 2.65 is 29.9% above this industry median. Based on the distribution chart, Center Laboratories ranks #445 out of 751 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Center Laboratories has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Center Laboratories' Cyclically Adjusted PS Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Center Laboratories ranks #445 out of 751 companies for Cyclically Adjusted PS Ratio. This places Center Laboratories in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.04. Center Laboratories' value of 2.65 is 29.9% above this benchmark. Historically, Center Laboratories' own Cyclically Adjusted PS Ratio has ranged from 1.89 to 4.97 over the past decade. While the company's 10-year median is 3.17 vs. the industry median of 2.04, Center Laboratories 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 Drug Manufacturers company?
The median Cyclically Adjusted PS Ratio among Drug Manufacturers companies is 2.04, based on 751 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. Center Laboratories's current Cyclically Adjusted PS Ratio of 2.65 is 29.9% 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 Center Laboratories and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PS Ratio is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Center Laboratories's current Cyclically Adjusted PS Ratio is 2.65, which is 16% below median its own 10-year median of 3.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Center Laboratories stock overvalued right now?
Based on GuruFocus' analysis, Center Laboratories (ROCO:4123) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$42.80, compared to a current price of NT$32.67 — trading 23.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.65, which is 16% below median its 10-year median of 3.17 and 29.9% above the Drug Manufacturers industry median of 2.04. Center Laboratories' overall GF Score™ is 70/100 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 Center Laboratories (ROCO:4123), the current Cyclically Adjusted PS Ratio is 2.65 as of Aug. 15, 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 Center Laboratories (ROCO:4123) Overvalued in 2026?

Based on GuruFocus' analysis, Center Laboratories stock appears to be undervalued. The current stock price of NT$32.67 is trading 23.7% below its estimated GF Value™ of NT$42.80. GuruFocus considers Center Laboratories to be Modestly Undervalued.

Key valuation signals for ROCO:4123:

  • Cyclically Adjusted PS Ratio: 2.65 (16% below median its 10-year median of 3.17)
  • GF Value™: NT$42.80 vs. price of NT$32.67 (23.7% below fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 29.9% above the Drug Manufacturers median (#445 of 751)

No single metric tells the full story. See the ROCO:4123 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Center Laboratories Business Description

Address No. 3-2, Park Street, 7th floor, Nangang District, Taipei City, TWN, 115
Center Laboratories Inc is engaged in the manufacture and sale of various Western pharmaceuticals, including Western medicine manufacturing, wholesale, and retail. The Company operates through the following segments: Pharmaceutical Division, Biotechnology Venture Capital, and Glac Segment. The Pharmaceutical Division, which generates the majority of revenue, manufactures and sells various Western pharmaceuticals. The Biotechnology Venture Capital segment invests in domestic and foreign biotechnology undertakings, while the Glac Segment manufactures and sells probiotic products. The Company operates in Taiwan, Mainland China, and other regions, with Taiwan generating the majority of revenue.
70GF Score

Get the complete analysis for ROCO:4123

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

NT$32.67
Price
NT$42.80
GF Value