Sunmax Biotechnology Co (ROCO:4728) Cyclically Adjusted PS Ratio: 17.81 (As of Aug. 06, 2026) — 10% Above Median

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ROCO:4728 Sunmax Biotechnology Co Ltd ROCO:4728
89 GF Score
Price NT$388.00
GF Value NT$344.34
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Sunmax Biotechnology Co Cyclically Adjusted PS Ratio?

Sunmax Biotechnology Co ROCO:4728 +1.84% 89 Cyclically Adjusted PS Ratio is 17.81 as of Aug. 06, 2026, which is 10% above its 10-year median of 16.25. GuruFocus rates ROCO:4728 with a GF Score™ of 89/100 and a GF Value™ of NT$344.34 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 537 Biotechnology companies, Sunmax Biotechnology Co ranks worse than 79.33% on this metric.

As of today (2026-08-06), Sunmax Biotechnology Co's current share price is NT$388.00. Sunmax Biotechnology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$21.79. Sunmax Biotechnology Co's Cyclically Adjusted PS Ratio for today is 17.81.

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

ROCO:4728' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 9.95   Med: 16.25   Max: 27.91
Current: 17.58

During the past years, Sunmax Biotechnology Co's highest Cyclically Adjusted PS Ratio was 27.91. The lowest was 9.95. And the median was 16.25.

ROCO:4728's Cyclically Adjusted PS Ratio is ranked worse than
79.33% of 537 companies
in the Biotechnology industry
Industry Median: 5.5 vs ROCO:4728: 17.58

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.

Sunmax Biotechnology Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$10.359. 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$21.79 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sunmax Biotechnology Co  (ROCO:4728) 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.


Sunmax Biotechnology Co Cyclically Adjusted PS Ratio Related Terms


Sunmax Biotechnology Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sunmax Biotechnology 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.

Sunmax Biotechnology Co Cyclically Adjusted PS Ratio Chart

Sunmax Biotechnology 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 10.89 13.16 15.37 16.91 19.36

Sunmax Biotechnology 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 21.59 21.34 21.42 19.36 17.60

ROCO:4728 vs VRTX, REGN, RVMD: Cyclically Adjusted PS Ratio Comparison

For the Biotechnology subindustry, Sunmax Biotechnology 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.


Sunmax Biotechnology Co Cyclically Adjusted PS Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Sunmax Biotechnology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Sunmax Biotechnology Co's Cyclically Adjusted PS Ratio falls into.


ROCO:4728
89GF Score
Sunmax Biotechnology Co Ltd ROCO:4728
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sunmax Biotechnology 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.

Sunmax Biotechnology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=388.00/21.79
=17.81

* 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.

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

For example, Sunmax Biotechnology 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)
=10.359/330.2130*330.2130
=10.359

Current CPI (Mar. 2026) = 330.2130.

Sunmax Biotechnology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.404 241.018 0.554
201609 0.817 241.428 1.117
201612 0.969 241.432 1.325
201703 0.799 243.801 1.082
201706 0.870 244.955 1.173
201709 0.941 246.819 1.259
201712 0.988 246.524 1.323
201803 0.981 249.554 1.298
201806 1.377 251.989 1.804
201809 1.415 252.439 1.851
201812 1.793 251.233 2.357
201903 1.752 254.202 2.276
201906 2.851 256.143 3.675
201909 3.483 256.759 4.479
201912 2.825 256.974 3.630
202003 3.134 258.115 4.009
202006 3.602 257.797 4.614
202009 3.573 260.280 4.533
202012 5.425 260.474 6.877
202103 4.897 264.877 6.105
202106 4.271 271.696 5.191
202109 4.609 274.310 5.548
202112 5.168 278.802 6.121
202203 5.961 287.504 6.847
202206 5.906 296.311 6.582
202209 6.673 296.808 7.424
202212 7.137 296.797 7.941
202303 7.205 301.836 7.882
202306 7.654 305.109 8.284
202309 8.686 307.789 9.319
202312 7.420 306.746 7.988
202403 7.841 312.332 8.290
202406 8.333 314.175 8.758
202409 8.399 315.301 8.796
202412 8.781 315.605 9.187
202503 10.172 319.799 10.503
202506 8.436 322.561 8.636
202509 9.239 324.800 9.393
202512 9.310 324.054 9.487
202603 10.359 330.213 10.359

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 17.81 mean?
Sunmax Biotechnology Co (ROCO:4728) has a Cyclically Adjusted PS Ratio of 17.81 as of Aug. 06, 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 Sunmax Biotechnology Co and its competitors. This is 10% above median its historical median of 16.25. Over the past decade, Sunmax Biotechnology Co's Cyclically Adjusted PS Ratio has ranged from 9.95 to 27.91. According to the industry distribution chart, Sunmax Biotechnology Co ranks #426 out of 537 companies in the Biotechnology industry, placing it in the top 79.3%.
Is Sunmax Biotechnology Co's Cyclically Adjusted PS Ratio too high?
Sunmax Biotechnology Co's current Cyclically Adjusted PS Ratio of 17.81 is 10% above median its 10-year median of 16.25. Over the past 10 years, this metric has ranged from a low of 9.95 to a high of 27.91. The Biotechnology industry median Cyclically Adjusted PS Ratio is 5.50. Sunmax Biotechnology Co's value of 17.81 is 223.8% above this industry median. Based on the distribution chart, Sunmax Biotechnology Co ranks #426 out of 537 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Sunmax Biotechnology Co has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sunmax Biotechnology Co's Cyclically Adjusted PS Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Sunmax Biotechnology Co ranks #426 out of 537 companies for Cyclically Adjusted PS Ratio. This places Sunmax Biotechnology Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.50. Sunmax Biotechnology Co's value of 17.81 is 223.8% above this benchmark. Historically, Sunmax Biotechnology Co's own Cyclically Adjusted PS Ratio has ranged from 9.95 to 27.91 over the past decade. While the company's 10-year median is 16.25 vs. the industry median of 5.50, Sunmax Biotechnology 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 a Biotechnology company?
The median Cyclically Adjusted PS Ratio among Biotechnology companies is 5.50, based on 537 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. Sunmax Biotechnology Co's current Cyclically Adjusted PS Ratio of 17.81 is 223.8% 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 Sunmax Biotechnology Co and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PS Ratio is 5.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunmax Biotechnology Co's current Cyclically Adjusted PS Ratio is 17.81, which is 10% above median its own 10-year median of 16.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunmax Biotechnology Co stock overvalued right now?
Based on GuruFocus' analysis, Sunmax Biotechnology Co (ROCO:4728) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$344.34, compared to a current price of NT$388.00 — trading 12.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 17.81, which is 10% above median its 10-year median of 16.25 and 223.8% above the Biotechnology industry median of 5.50. Sunmax Biotechnology Co's overall GF Score™ is 89/100 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 Sunmax Biotechnology Co (ROCO:4728), the current Cyclically Adjusted PS Ratio is 17.81 as of Aug. 06, 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 Sunmax Biotechnology Co (ROCO:4728) Overvalued in 2026?

Based on GuruFocus' analysis, Sunmax Biotechnology Co stock appears to be overvalued. The current stock price of NT$388.00 is trading 12.7% above its estimated GF Value™ of NT$344.34. GuruFocus considers Sunmax Biotechnology Co to be Modestly Overvalued.

Key valuation signals for ROCO:4728:

  • Cyclically Adjusted PS Ratio: 17.81 (10% above median its 10-year median of 16.25)
  • GF Value™: NT$344.34 vs. price of NT$388.00 (12.7% above fair value)
  • GF Score™: 89/100 with 4 warning signs
  • Industry Position: 223.8% above the Biotechnology median (#426 of 537)

No single metric tells the full story. See the ROCO:4728 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sunmax Biotechnology Co Business Description

Address Huandong Road, New Urban District, 1st Floor, No. 10, Lane 31, Section 1, Tainan Science Industrial Park, Tainan, TWN
Sunmax Biotechnology Co Ltd is a biomedical company in Taiwan. It is engaged in the development, manufacturing, and commercialization of Sunmax medical devices and bio-surgical products. Additionally, it also researches, develops, manufactures and sales biomedical material grade collagen and related products. The company's products include medical products, biomedical materials, and porcine collagen skin care products.
89GF Score

Get the complete analysis for ROCO:4728

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

NT$388.00
Price
NT$344.34
GF Value