Chian Hsing Forging Ind Co (ROCO:4528) Cyclically Adjusted PS Ratio: 0.45 (As of Aug. 04, 2026) — 55% Below Median

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ROCO:4528 Chian Hsing Forging Ind Co Ltd ROCO:4528
64 GF Score
Price NT$15.15
GF Value NT$21.14
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Chian Hsing Forging Ind Co Cyclically Adjusted PS Ratio?

Chian Hsing Forging Ind Co ROCO:4528 -0.33% 64 Cyclically Adjusted PS Ratio is 0.45 as of Aug. 04, 2026, which is 55% below its 10-year median of 1.01. GuruFocus rates ROCO:4528 with a GF Score™ of 64/100 and a GF Value™ of NT$21.14 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,043 Vehicles & Parts companies, Chian Hsing Forging Ind Co ranks better than 61.84% on this metric.

As of today (2026-08-04), Chian Hsing Forging Ind Co's current share price is NT$15.15. Chian Hsing Forging Ind Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$33.30. Chian Hsing Forging Ind Co's Cyclically Adjusted PS Ratio for today is 0.45.

The historical rank and industry rank for Chian Hsing Forging Ind Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

ROCO:4528' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.46   Med: 1.01   Max: 2.04
Current: 0.46

During the past years, Chian Hsing Forging Ind Co's highest Cyclically Adjusted PS Ratio was 2.04. The lowest was 0.46. And the median was 1.01.

ROCO:4528's Cyclically Adjusted PS Ratio is ranked better than
61.84% of 1043 companies
in the Vehicles & Parts industry
Industry Median: 0.72 vs ROCO:4528: 0.46

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.

Chian Hsing Forging Ind Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$4.087. 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$33.30 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chian Hsing Forging Ind Co  (ROCO:4528) 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.


Chian Hsing Forging Ind Co Cyclically Adjusted PS Ratio Related Terms


Chian Hsing Forging Ind Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Chian Hsing Forging Ind 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.

Chian Hsing Forging Ind Co Cyclically Adjusted PS Ratio Chart

Chian Hsing Forging Ind 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 1.30 0.98 0.91 0.70 0.50

Chian Hsing Forging Ind 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 0.64 0.52 0.56 0.50 0.53

ROCO:4528 vs ORLY, AZO: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, Chian Hsing Forging Ind 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.


Chian Hsing Forging Ind Co Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Chian Hsing Forging Ind Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Chian Hsing Forging Ind Co's Cyclically Adjusted PS Ratio falls into.


ROCO:4528
64GF Score
Chian Hsing Forging Ind Co Ltd ROCO:4528
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chian Hsing Forging Ind 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.

Chian Hsing Forging Ind Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.15/33.30
=0.45

* 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.

Chian Hsing Forging Ind Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Chian Hsing Forging Ind 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)
=4.087/330.2130*330.2130
=4.087

Current CPI (Mar. 2026) = 330.2130.

Chian Hsing Forging Ind Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.703 241.018 9.184
201609 6.430 241.428 8.795
201612 7.520 241.432 10.285
201703 6.675 243.801 9.041
201706 7.787 244.955 10.497
201709 8.887 246.819 11.890
201712 9.152 246.524 12.259
201803 8.100 249.554 10.718
201806 8.633 251.989 11.313
201809 8.646 252.439 11.310
201812 8.129 251.233 10.685
201903 7.992 254.202 10.382
201906 8.648 256.143 11.149
201909 8.956 256.759 11.518
201912 8.094 256.974 10.401
202003 5.793 258.115 7.411
202006 5.992 257.797 7.675
202009 7.145 260.280 9.065
202012 7.964 260.474 10.096
202103 7.385 264.877 9.207
202106 7.321 271.696 8.898
202109 7.941 274.310 9.559
202112 7.542 278.802 8.933
202203 7.477 287.504 8.588
202206 6.012 296.311 6.700
202209 8.063 296.808 8.970
202212 7.352 296.797 8.180
202303 5.662 301.836 6.194
202306 5.286 305.109 5.721
202309 5.829 307.789 6.254
202312 6.258 306.746 6.737
202403 5.036 312.332 5.324
202406 5.334 314.175 5.606
202409 5.385 315.301 5.640
202412 5.013 315.605 5.245
202503 4.666 319.799 4.818
202506 4.692 322.561 4.803
202509 4.484 324.800 4.559
202512 5.221 324.054 5.320
202603 4.087 330.213 4.087

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 0.45 mean?
Chian Hsing Forging Ind Co (ROCO:4528) has a Cyclically Adjusted PS Ratio of 0.45 as of Aug. 04, 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 Chian Hsing Forging Ind Co and its competitors. This is 55% below median its historical median of 1.01. Over the past decade, Chian Hsing Forging Ind Co's Cyclically Adjusted PS Ratio has ranged from 0.46 to 2.04. According to the industry distribution chart, Chian Hsing Forging Ind Co ranks #398 out of 1043 companies in the Vehicles & Parts industry, placing it in the top 38.2%.
Is Chian Hsing Forging Ind Co's Cyclically Adjusted PS Ratio too high?
Chian Hsing Forging Ind Co's current Cyclically Adjusted PS Ratio of 0.45 is 55% below median its 10-year median of 1.01. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 2.04. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.72. Chian Hsing Forging Ind Co's value of 0.45 is 37.5% below this industry median. Based on the distribution chart, Chian Hsing Forging Ind Co ranks #398 out of 1043 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Chian Hsing Forging Ind Co has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chian Hsing Forging Ind Co's Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Chian Hsing Forging Ind Co ranks #398 out of 1043 companies for Cyclically Adjusted PS Ratio. This puts Chian Hsing Forging Ind Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.72. Chian Hsing Forging Ind Co's value of 0.45 is 37.5% below this benchmark. Historically, Chian Hsing Forging Ind Co's own Cyclically Adjusted PS Ratio has ranged from 0.46 to 2.04 over the past decade. While the company's 10-year median is 1.01 vs. the industry median of 0.72, Chian Hsing Forging Ind 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 a Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.72, based on 1,043 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. Chian Hsing Forging Ind Co's current Cyclically Adjusted PS Ratio of 0.45 is 37.5% 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 Chian Hsing Forging Ind Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chian Hsing Forging Ind Co's current Cyclically Adjusted PS Ratio is 0.45, which is 55% below median its own 10-year median of 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chian Hsing Forging Ind Co stock overvalued right now?
Based on GuruFocus' analysis, Chian Hsing Forging Ind Co (ROCO:4528) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$21.14, compared to a current price of NT$15.15 — trading 28.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.45, which is 55% below median its 10-year median of 1.01 and 37.5% below the Vehicles & Parts industry median of 0.72. Chian Hsing Forging Ind Co's overall GF Score™ is 64/100 with 4 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 Chian Hsing Forging Ind Co (ROCO:4528), the current Cyclically Adjusted PS Ratio is 0.45 as of Aug. 04, 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 Chian Hsing Forging Ind Co (ROCO:4528) Overvalued in 2026?

Based on GuruFocus' analysis, Chian Hsing Forging Ind Co stock appears to be undervalued. The current stock price of NT$15.15 is trading 28.3% below its estimated GF Value™ of NT$21.14. GuruFocus considers Chian Hsing Forging Ind Co to be Modestly Undervalued.

Key valuation signals for ROCO:4528:

  • Cyclically Adjusted PS Ratio: 0.45 (55% below median its 10-year median of 1.01)
  • GF Value™: NT$21.14 vs. price of NT$15.15 (28.3% below fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 37.5% below the Vehicles & Parts median (#398 of 1043)

No single metric tells the full story. See the ROCO:4528 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chian Hsing Forging Ind Co Business Description

Address No.3-1, Xiehe S. Lane, Xitun District, Taichung City, TWN, 407
Chian Hsing Forging Ind Co Ltd manufactures a variety of forged products. The company is engaged in Auto parts forging, manufacturing, and processing. The products of the company include Track related products, automobile parts, motorbike parts, bicycle parts, mechanical parts, hardware tools, and pneumatic chisels. Geographically, the company operates in China, Taiwan, United States and others.
64GF Score

Get the complete analysis for ROCO:4528

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

NT$15.15
Price
NT$21.14
GF Value