Asia Neo Tech Industrial Co (ROCO:4542) Cyclically Adjusted PS Ratio: 11.49 (As of Aug. 11, 2026) — 377% 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:4542 Asia Neo Tech Industrial Co Ltd ROCO:4542
50 GF Score
Price NT$292.50
GF Value NT$78.51
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Asia Neo Tech Industrial Co Cyclically Adjusted PS Ratio?

Asia Neo Tech Industrial Co ROCO:4542 +0.86% 50 Cyclically Adjusted PS Ratio is 11.49 as of Aug. 11, 2026, which is 377% above its 10-year median of 2.41. GuruFocus rates ROCO:4542 with a GF Score™ of 50/100 and a GF Value™ of NT$78.51 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,295 Industrial Products companies, Asia Neo Tech Industrial Co ranks worse than 94.25% on this metric.

As of today (2026-08-11), Asia Neo Tech Industrial Co's current share price is NT$292.50. Asia Neo Tech Industrial Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$25.45. Asia Neo Tech Industrial Co's Cyclically Adjusted PS Ratio for today is 11.49.

The historical rank and industry rank for Asia Neo Tech Industrial Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

ROCO:4542' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.89   Med: 2.41   Max: 18.96
Current: 11.4

During the past years, Asia Neo Tech Industrial Co's highest Cyclically Adjusted PS Ratio was 18.96. The lowest was 0.89. And the median was 2.41.

ROCO:4542's Cyclically Adjusted PS Ratio is ranked worse than
94.25% of 2295 companies
in the Industrial Products industry
Industry Median: 1.82 vs ROCO:4542: 11.40

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.

Asia Neo Tech Industrial Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$6.462. 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$25.45 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asia Neo Tech Industrial Co  (ROCO:4542) 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.


Asia Neo Tech Industrial Co Cyclically Adjusted PS Ratio Related Terms


Asia Neo Tech Industrial Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Asia Neo Tech Industrial 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.

Asia Neo Tech Industrial Co Cyclically Adjusted PS Ratio Chart

Asia Neo Tech Industrial 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 1.13 0.95 2.07 3.79 3.56

Asia Neo Tech Industrial 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 3.12 2.55 2.49 3.56 6.42

ROCO:4542 vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Asia Neo Tech Industrial 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.


Asia Neo Tech Industrial Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Asia Neo Tech Industrial Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Asia Neo Tech Industrial Co's Cyclically Adjusted PS Ratio falls into.


ROCO:4542
50GF Score
Asia Neo Tech Industrial Co Ltd ROCO:4542
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asia Neo Tech Industrial 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.

Asia Neo Tech Industrial Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=292.50/25.45
=11.49

* 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.

Asia Neo Tech Industrial Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Asia Neo Tech Industrial 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)
=6.462/330.2130*330.2130
=6.462

Current CPI (Mar. 2026) = 330.2130.

Asia Neo Tech Industrial Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.939 241.018 2.657
201609 2.990 241.428 4.090
201612 3.002 241.432 4.106
201703 3.459 243.801 4.685
201706 6.123 244.955 8.254
201709 5.918 246.819 7.918
201712 5.597 246.524 7.497
201803 4.220 249.554 5.584
201806 5.550 251.989 7.273
201809 7.151 252.439 9.354
201812 4.379 251.233 5.756
201903 4.480 254.202 5.820
201906 7.209 256.143 9.294
201909 7.399 256.759 9.516
201912 5.973 256.974 7.675
202003 4.475 258.115 5.725
202006 4.332 257.797 5.549
202009 6.039 260.280 7.662
202012 4.307 260.474 5.460
202103 3.348 264.877 4.174
202106 6.790 271.696 8.252
202109 5.511 274.310 6.634
202112 8.452 278.802 10.011
202203 4.117 287.504 4.729
202206 6.711 296.311 7.479
202209 5.099 296.808 5.673
202212 7.913 296.797 8.804
202303 6.831 301.836 7.473
202306 6.135 305.109 6.640
202309 6.893 307.789 7.395
202312 5.606 306.746 6.035
202403 5.426 312.332 5.737
202406 6.524 314.175 6.857
202409 2.436 315.301 2.551
202412 2.132 315.605 2.231
202503 6.076 319.799 6.274
202506 7.079 322.561 7.247
202509 5.408 324.800 5.498
202512 4.372 324.054 4.455
202603 6.462 330.213 6.462

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 11.49 mean?
Asia Neo Tech Industrial Co (ROCO:4542) has a Cyclically Adjusted PS Ratio of 11.49 as of Aug. 11, 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 Asia Neo Tech Industrial Co and its competitors. This is 377% above median its historical median of 2.41. Over the past decade, Asia Neo Tech Industrial Co's Cyclically Adjusted PS Ratio has ranged from 0.89 to 18.96. According to the industry distribution chart, Asia Neo Tech Industrial Co ranks #2163 out of 2295 companies in the Industrial Products industry, placing it in the top 94.2%.
Is Asia Neo Tech Industrial Co's Cyclically Adjusted PS Ratio too high?
Asia Neo Tech Industrial Co's current Cyclically Adjusted PS Ratio of 11.49 is 377% above median its 10-year median of 2.41. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 18.96. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.82. Asia Neo Tech Industrial Co's value of 11.49 is 531.3% above this industry median. Based on the distribution chart, Asia Neo Tech Industrial Co ranks #2163 out of 2295 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Asia Neo Tech Industrial Co has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asia Neo Tech Industrial Co's Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Asia Neo Tech Industrial Co ranks #2163 out of 2295 companies for Cyclically Adjusted PS Ratio. This places Asia Neo Tech Industrial Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.82. Asia Neo Tech Industrial Co's value of 11.49 is 531.3% above this benchmark. Historically, Asia Neo Tech Industrial Co's own Cyclically Adjusted PS Ratio has ranged from 0.89 to 18.96 over the past decade. While the company's 10-year median is 2.41 vs. the industry median of 1.82, Asia Neo Tech Industrial Co 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.82, based on 2,295 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. Asia Neo Tech Industrial Co's current Cyclically Adjusted PS Ratio of 11.49 is 531.3% 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 Asia Neo Tech Industrial Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Neo Tech Industrial Co's current Cyclically Adjusted PS Ratio is 11.49, which is 377% above median its own 10-year median of 2.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Neo Tech Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Asia Neo Tech Industrial Co (ROCO:4542) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$78.51, compared to a current price of NT$292.50 — trading 272.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 11.49, which is 377% above median its 10-year median of 2.41 and 531.3% above the Industrial Products industry median of 1.82. Asia Neo Tech Industrial Co's overall GF Score™ is 50/100 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 Asia Neo Tech Industrial Co (ROCO:4542), the current Cyclically Adjusted PS Ratio is 11.49 as of Aug. 11, 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 Asia Neo Tech Industrial Co (ROCO:4542) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Neo Tech Industrial Co stock appears to be overvalued. The current stock price of NT$292.50 is trading 272.6% above its estimated GF Value™ of NT$78.51. GuruFocus considers Asia Neo Tech Industrial Co to be Significantly Overvalued.

Key valuation signals for ROCO:4542:

  • Cyclically Adjusted PS Ratio: 11.49 (377% above median its 10-year median of 2.41)
  • GF Value™: NT$78.51 vs. price of NT$292.50 (272.6% above fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 531.3% above the Industrial Products median (#2163 of 2295)

No single metric tells the full story. See the ROCO:4542 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asia Neo Tech Industrial Co Business Description

Address No. 308, Mingxing Street, Shanshan District, Taoyuan, TWN
Asia Neo Tech Industrial Co Ltd manufactures and wholesales industrial equipment, including conveyor oven, cover lenses. The company designs, develops, manufactures automatic drying equipment and also provides drying solutions. Its product includes Touch panel, PCB, LED, RtoR, Energy saver among others.
50GF Score

Get the complete analysis for ROCO:4542

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

NT$292.50
Price
NT$78.51
GF Value