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Mildex OpticalROCO:4729 +0.51%53 Cyclically Adjusted PS Ratio is 1.03 as of Aug. 07, 2026, which is 151% above its 10-year median of 0.41. GuruFocus rates ROCO:4729 with a GF Score™ of 53/100 and a GF Value™ of NT$19.65 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,975 Hardware companies, Mildex Optical ranks better than 60.15% on this metric.
The historical rank and industry rank for Mildex Optical's Cyclically Adjusted PS Ratio or its related term are showing as below:
ROCO:4729'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19 Med: 0.41 Max: 1.33
Current: 0.91
During the past years, Mildex Optical's highest Cyclically Adjusted PS Ratio was 1.33. The lowest was 0.19. And the median was 0.41.
ROCO:4729's Cyclically Adjusted PS Ratio is ranked better than 60.15% of 1975
companies
in the Hardware industry
Industry Median: 1.34
vs ROCO:4729: 0.91
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.
Mildex Optical's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$2.968. 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$19.19 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Mildex Optical (ROCO:4729) 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.
Mildex Optical Cyclically Adjusted PS Ratio Related Terms
Mildex Optical Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Mildex Optical'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.
ROCO:4729 vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison
For the Electronic Components subindustry, Mildex Optical'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.
Mildex Optical Cyclically Adjusted PS Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Mildex Optical's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Mildex Optical's Cyclically Adjusted PS Ratio falls into.
Mildex Optical 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.
Mildex Optical's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 1.03 mean?
Mildex Optical (ROCO:4729) has a Cyclically Adjusted PS Ratio of 1.03 as of Aug. 07, 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 Mildex Optical and its competitors. This is 151% above median its historical median of 0.41. Over the past decade, Mildex Optical's Cyclically Adjusted PS Ratio has ranged from 0.19 to 1.33. According to the industry distribution chart, Mildex Optical ranks #787 out of 1975 companies in the Hardware industry, placing it in the top 39.8%.
Is Mildex Optical's Cyclically Adjusted PS Ratio too high?
Mildex Optical's current Cyclically Adjusted PS Ratio of 1.03 is 151% above median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 1.33. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. Mildex Optical's value of 1.03 is 23.1% below this industry median. Based on the distribution chart, Mildex Optical ranks #787 out of 1975 companies in the Hardware industry, which is above the industry midpoint. Overall, Mildex Optical has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mildex Optical's Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Mildex Optical ranks #787 out of 1975 companies for Cyclically Adjusted PS Ratio. This puts Mildex Optical in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Mildex Optical's value of 1.03 is 23.1% below this benchmark. Historically, Mildex Optical's own Cyclically Adjusted PS Ratio has ranged from 0.19 to 1.33 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 1.34, Mildex Optical 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.34, based on 1,975 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. Mildex Optical's current Cyclically Adjusted PS Ratio of 1.03 is 23.1% 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 Mildex Optical and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mildex Optical's current Cyclically Adjusted PS Ratio is 1.03, which is 151% above median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mildex Optical stock overvalued right now?
Based on GuruFocus' analysis, Mildex Optical (ROCO:4729) is currently considered Fairly Valued. The stock's GF Value™ is NT$19.65, compared to a current price of NT$19.85 — trading 1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.03, which is 151% above median its 10-year median of 0.41 and 23.1% below the Hardware industry median of 1.34. Mildex Optical's overall GF Score™ is 53/100 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 Mildex Optical (ROCO:4729), the current Cyclically Adjusted PS Ratio is 1.03 as of Aug. 07, 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 Mildex Optical (ROCO:4729) Overvalued in 2026?
Based on GuruFocus' analysis, Mildex Optical stock appears to be overvalued.
The current stock price of NT$19.85 is trading 1% above its estimated GF Value™ of NT$19.65.
GuruFocus considers Mildex Optical to be Fairly Valued.
Key valuation signals for ROCO:4729:
Cyclically Adjusted PS Ratio: 1.03 (151% above median its 10-year median of 0.41)
GF Value™: NT$19.65 vs. price of NT$19.85 (1% above fair value)
Industry Position: 23.1% below the Hardware median (#787 of 1975)
No single metric tells the full story. See the ROCO:4729 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mildex Optical Inc is mainly engaged in the manufacture and trading of touch panels. The Company includes touch screen modules, touch display modules, and system total solutions. Its products include Touch Screens, Touch Display Modules, TPM & TDM Standard, and system solutions. It operates in Taiwan, which generates maximum revenue, as well as Asia, the Americas, and Europe.
53GF Score
Get the complete analysis for ROCO:4729
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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