Tatung Fine Chemicals Co (ROCO:4738) Cyclically Adjusted PS Ratio: 1.41 (As of Aug. 12, 2026) — 21% Above Median

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ROCO:4738 Tatung Fine Chemicals Co Ltd ROCO:4738
69 GF Score
Price NT$6.74
GF Value NT$7.71
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Tatung Fine Chemicals Co Cyclically Adjusted PS Ratio?

Tatung Fine Chemicals Co ROCO:4738 +7.84% 69 Cyclically Adjusted PS Ratio is 1.41 as of Aug. 12, 2026, which is 21% above its 10-year median of 1.17. GuruFocus rates ROCO:4738 with a GF Score™ of 69/100 and a GF Value™ of NT$7.71 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,274 Chemicals companies, Tatung Fine Chemicals Co ranks better than 51.57% on this metric.

As of today (2026-08-12), Tatung Fine Chemicals Co's current share price is NT$6.74. Tatung Fine Chemicals Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was NT$4.79. Tatung Fine Chemicals Co's Cyclically Adjusted PS Ratio for today is 1.41.

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

ROCO:4738' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.21   Med: 1.17   Max: 2.54
Current: 1.3

During the past 13 years, Tatung Fine Chemicals Co's highest Cyclically Adjusted PS Ratio was 2.54. The lowest was 0.21. And the median was 1.17.

ROCO:4738's Cyclically Adjusted PS Ratio is ranked better than
51.57% of 1274 companies
in the Chemicals industry
Industry Median: 1.34 vs ROCO:4738: 1.30

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.

Tatung Fine Chemicals Co's adjusted revenue per share data of for the fiscal year that ended in Dec25 was NT$4.298. 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$4.79 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tatung Fine Chemicals Co  (ROCO:4738) 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.


Tatung Fine Chemicals Co Cyclically Adjusted PS Ratio Related Terms


Tatung Fine Chemicals Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tatung Fine Chemicals 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.

Tatung Fine Chemicals Co Cyclically Adjusted PS Ratio Chart

Tatung Fine Chemicals 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 1.52 0.99 1.24 1.24 1.25

Tatung Fine Chemicals Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.24 0.00 1.24 0.00 1.25

ROCO:4738 vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Tatung Fine Chemicals 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.


Tatung Fine Chemicals Co Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tatung Fine Chemicals Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tatung Fine Chemicals Co's Cyclically Adjusted PS Ratio falls into.


ROCO:4738
69GF Score
Tatung Fine Chemicals Co Ltd ROCO:4738
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tatung Fine Chemicals 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.

Tatung Fine Chemicals Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.74/4.79
=1.41

* 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.

Tatung Fine Chemicals Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Tatung Fine Chemicals Co's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=4.298/324.0540*324.0540
=4.298

Current CPI (Dec25) = 324.0540.

Tatung Fine Chemicals Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 6.257 241.432 8.398
201712 4.948 246.524 6.504
201812 3.627 251.233 4.678
201912 3.332 256.974 4.202
202012 3.087 260.474 3.841
202112 3.872 278.802 4.500
202212 3.714 296.797 4.055
202312 3.369 306.746 3.559
202412 3.805 315.605 3.907
202512 4.298 324.054 4.298

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 1.41 mean?
Tatung Fine Chemicals Co (ROCO:4738) has a Cyclically Adjusted PS Ratio of 1.41 as of Aug. 12, 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 Tatung Fine Chemicals Co and its competitors. This is 21% above median its historical median of 1.17. Over the past decade, Tatung Fine Chemicals Co's Cyclically Adjusted PS Ratio has ranged from 0.21 to 2.54. According to the industry distribution chart, Tatung Fine Chemicals Co ranks #617 out of 1274 companies in the Chemicals industry, placing it in the top 48.4%.
Is Tatung Fine Chemicals Co's Cyclically Adjusted PS Ratio too high?
Tatung Fine Chemicals Co's current Cyclically Adjusted PS Ratio of 1.41 is 21% above median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 2.54. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.34. Tatung Fine Chemicals Co's value of 1.41 is 5.2% above this industry median. Based on the distribution chart, Tatung Fine Chemicals Co ranks #617 out of 1274 companies in the Chemicals industry, which is above the industry midpoint. Overall, Tatung Fine Chemicals Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tatung Fine Chemicals Co's Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Tatung Fine Chemicals Co ranks #617 out of 1274 companies for Cyclically Adjusted PS Ratio. This puts Tatung Fine Chemicals Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Tatung Fine Chemicals Co's value of 1.41 is 5.2% above this benchmark. Historically, Tatung Fine Chemicals Co's own Cyclically Adjusted PS Ratio has ranged from 0.21 to 2.54 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 1.34, Tatung Fine Chemicals 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.34, based on 1,274 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. Tatung Fine Chemicals Co's current Cyclically Adjusted PS Ratio of 1.41 is 5.2% 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 Tatung Fine Chemicals Co and its competitors. For the Chemicals 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. Tatung Fine Chemicals Co's current Cyclically Adjusted PS Ratio is 1.41, which is 21% above median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tatung Fine Chemicals Co stock overvalued right now?
Based on GuruFocus' analysis, Tatung Fine Chemicals Co (ROCO:4738) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$7.71, compared to a current price of NT$6.74 — trading 12.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.41, which is 21% above median its 10-year median of 1.17 and 5.2% above the Chemicals industry median of 1.34. Tatung Fine Chemicals Co's overall GF Score™ is 69/100 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 Tatung Fine Chemicals Co (ROCO:4738), the current Cyclically Adjusted PS Ratio is 1.41 as of Aug. 12, 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 Tatung Fine Chemicals Co (ROCO:4738) Overvalued in 2026?

Based on GuruFocus' analysis, Tatung Fine Chemicals Co stock appears to be undervalued. The current stock price of NT$6.74 is trading 12.6% below its estimated GF Value™ of NT$7.71. GuruFocus considers Tatung Fine Chemicals Co to be Modestly Undervalued.

Key valuation signals for ROCO:4738:

  • Cyclically Adjusted PS Ratio: 1.41 (21% above median its 10-year median of 1.17)
  • GF Value™: NT$7.71 vs. price of NT$6.74 (12.6% below fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 5.2% above the Chemicals median (#617 of 1274)

No single metric tells the full story. See the ROCO:4738 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tatung Fine Chemicals Co Business Description

Address No. 247-1, Caoluo Village, Guanyin District, Taoyuan City, TWN, 10435
Tatung Fine Chemicals Co Ltd manufactures and sells coatings and paints. Its product line includes electro-deposition coatings comprising epocy cathodic electro-deposition coating used to apply the primer to automobiles and other products; etc. The company's product includes Epoxy resin, Acrylic electrocoat, Electronic coating, Fan Li water insulation coating.
69GF Score

Get the complete analysis for ROCO:4738

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

NT$6.74
Price
NT$7.71
GF Value