Hsin-Li Chemical Industrial (ROCO:4303) Cyclically Adjusted PS Ratio: 7.64 (As of Aug. 14, 2026) — 190% Above Median

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ROCO:4303 Hsin-Li Chemical Industrial Corp ROCO:4303
63 GF Score
Price NT$47.15
GF Value NT$117.70
Valuation Possible Value Trap
! 3 Warning Signs
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What is Hsin-Li Chemical Industrial Cyclically Adjusted PS Ratio?

Hsin-Li Chemical Industrial ROCO:4303 +1.28% 63 Cyclically Adjusted PS Ratio is 7.64 as of Aug. 14, 2026, which is 190% above its 10-year median of 2.63. GuruFocus rates ROCO:4303 with a GF Score™ of 63/100 and a GF Value™ of NT$117.70 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 883 Manufacturing - Apparel & Accessories companies, Hsin-Li Chemical Industrial ranks worse than 96.49% on this metric.

As of today (2026-08-14), Hsin-Li Chemical Industrial's current share price is NT$47.15. Hsin-Li Chemical Industrial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$6.17. Hsin-Li Chemical Industrial's Cyclically Adjusted PS Ratio for today is 7.64.

The historical rank and industry rank for Hsin-Li Chemical Industrial's Cyclically Adjusted PS Ratio or its related term are showing as below:

ROCO:4303' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.79   Med: 2.63   Max: 13.79
Current: 7.72

During the past years, Hsin-Li Chemical Industrial's highest Cyclically Adjusted PS Ratio was 13.79. The lowest was 1.79. And the median was 2.63.

ROCO:4303's Cyclically Adjusted PS Ratio is ranked worse than
96.49% of 883 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.65 vs ROCO:4303: 7.72

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.

Hsin-Li Chemical Industrial's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$2.420. 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$6.17 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hsin-Li Chemical Industrial  (ROCO:4303) 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.


Hsin-Li Chemical Industrial Cyclically Adjusted PS Ratio Related Terms


Hsin-Li Chemical Industrial Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hsin-Li Chemical Industrial'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.

Hsin-Li Chemical Industrial Cyclically Adjusted PS Ratio Chart

Hsin-Li Chemical Industrial 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 3.21 1.86 2.84 7.45 10.08

Hsin-Li Chemical Industrial 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 11.49 10.71 12.47 10.08 8.89

ROCO:4303 vs NKE, DECK, ONON: Cyclically Adjusted PS Ratio Comparison

For the Footwear & Accessories subindustry, Hsin-Li Chemical Industrial'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.


Hsin-Li Chemical Industrial Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hsin-Li Chemical Industrial's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hsin-Li Chemical Industrial's Cyclically Adjusted PS Ratio falls into.


ROCO:4303
63GF Score
Hsin-Li Chemical Industrial Corp ROCO:4303
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hsin-Li Chemical Industrial 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.

Hsin-Li Chemical Industrial's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=47.15/6.17
=7.64

* 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.

Hsin-Li Chemical Industrial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Hsin-Li Chemical Industrial'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)
=2.42/330.2130*330.2130
=2.420

Current CPI (Mar. 2026) = 330.2130.

Hsin-Li Chemical Industrial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.116 241.018 1.529
201609 1.100 241.428 1.505
201612 1.257 241.432 1.719
201703 0.316 243.801 0.428
201706 1.573 244.955 2.120
201709 1.310 246.819 1.753
201712 0.939 246.524 1.258
201803 4.575 249.554 6.054
201806 1.498 251.989 1.963
201809 1.184 252.439 1.549
201812 1.154 251.233 1.517
201903 1.269 254.202 1.648
201906 1.405 256.143 1.811
201909 1.277 256.759 1.642
201912 1.060 256.974 1.362
202003 1.259 258.115 1.611
202006 0.972 257.797 1.245
202009 0.832 260.280 1.056
202012 0.849 260.474 1.076
202103 1.169 264.877 1.457
202106 1.154 271.696 1.403
202109 1.091 274.310 1.313
202112 0.909 278.802 1.077
202203 1.150 287.504 1.321
202206 1.125 296.311 1.254
202209 0.823 296.808 0.916
202212 0.850 296.797 0.946
202303 0.605 301.836 0.662
202306 0.370 305.109 0.400
202309 0.412 307.789 0.442
202312 0.371 306.746 0.399
202403 0.552 312.332 0.584
202406 0.603 314.175 0.634
202409 0.785 315.301 0.822
202412 2.025 315.605 2.119
202503 2.356 319.799 2.433
202506 2.946 322.561 3.016
202509 2.923 324.800 2.972
202512 2.194 324.054 2.236
202603 2.420 330.213 2.420

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 7.64 mean?
Hsin-Li Chemical Industrial (ROCO:4303) has a Cyclically Adjusted PS Ratio of 7.64 as of Aug. 14, 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 Hsin-Li Chemical Industrial and its competitors. This is 190% above median its historical median of 2.63. Over the past decade, Hsin-Li Chemical Industrial's Cyclically Adjusted PS Ratio has ranged from 1.79 to 13.79. According to the industry distribution chart, Hsin-Li Chemical Industrial ranks #852 out of 883 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 96.5%.
Is Hsin-Li Chemical Industrial's Cyclically Adjusted PS Ratio too high?
Hsin-Li Chemical Industrial's current Cyclically Adjusted PS Ratio of 7.64 is 190% above median its 10-year median of 2.63. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 13.79. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PS Ratio is 0.65. Hsin-Li Chemical Industrial's value of 7.64 is 1075.4% above this industry median. Based on the distribution chart, Hsin-Li Chemical Industrial ranks #852 out of 883 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Hsin-Li Chemical Industrial has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hsin-Li Chemical Industrial's Cyclically Adjusted PS Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Hsin-Li Chemical Industrial ranks #852 out of 883 companies for Cyclically Adjusted PS Ratio. This places Hsin-Li Chemical Industrial in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.65. Hsin-Li Chemical Industrial's value of 7.64 is 1075.4% above this benchmark. Historically, Hsin-Li Chemical Industrial's own Cyclically Adjusted PS Ratio has ranged from 1.79 to 13.79 over the past decade. While the company's 10-year median is 2.63 vs. the industry median of 0.65, Hsin-Li Chemical Industrial 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PS Ratio among Manufacturing - Apparel & Accessories companies is 0.65, based on 883 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. Hsin-Li Chemical Industrial's current Cyclically Adjusted PS Ratio of 7.64 is 1075.4% 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 Hsin-Li Chemical Industrial and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PS Ratio is 0.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hsin-Li Chemical Industrial's current Cyclically Adjusted PS Ratio is 7.64, which is 190% above median its own 10-year median of 2.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsin-Li Chemical Industrial stock overvalued right now?
Based on GuruFocus' analysis, Hsin-Li Chemical Industrial (ROCO:4303) is currently considered Possible Value Trap. The stock's GF Value™ is NT$117.70, compared to a current price of NT$47.15 — trading 59.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.64, which is 190% above median its 10-year median of 2.63 and 1075.4% above the Manufacturing - Apparel & Accessories industry median of 0.65. Hsin-Li Chemical Industrial's overall GF Score™ is 63/100 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 Hsin-Li Chemical Industrial (ROCO:4303), the current Cyclically Adjusted PS Ratio is 7.64 as of Aug. 14, 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 Hsin-Li Chemical Industrial (ROCO:4303) Overvalued in 2026?

Based on GuruFocus' analysis, Hsin-Li Chemical Industrial stock appears to be undervalued. The current stock price of NT$47.15 is trading 59.9% below its estimated GF Value™ of NT$117.70. GuruFocus considers Hsin-Li Chemical Industrial to be Possible Value Trap.

Key valuation signals for ROCO:4303:

  • Cyclically Adjusted PS Ratio: 7.64 (190% above median its 10-year median of 2.63)
  • GF Value™: NT$117.70 vs. price of NT$47.15 (59.9% below fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 1075.4% above the Manufacturing - Apparel & Accessories median (#852 of 883)

No single metric tells the full story. See the ROCO:4303 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hsin-Li Chemical Industrial Business Description

Address Number 99, Xingye Road, Xuejia District, Tainan, TWN
Hsin-Li Chemical Industrial Corp mainly engages in the manufacturing and trading of synthetic leather and plastic leather products. Its business activities include production and manufacturing of various synthetic leathers, product scheduling and inventory management, maintenance of factory equipment, new product development and research, quality inspection and improvement. Its PVC products include PVC simulated leather, PVC pearlescent leather (paper texture), PVC furniture leather, PVC non-slip leather, PVC leather (printed), PVC leather (embossed), and PVC leather (paper texture + embossing). Its PU products include Dry PU, Wet-process PU products (non-slip leather), PU + TPU, PU film printing, and PU waterproof and breathable membrane. Taiwan generates the maximum revenue.
63GF Score

Get the complete analysis for ROCO:4303

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

NT$47.15
Price
NT$117.70
GF Value