Cherng Tay Technology Co (ROCO:4767) Cyclically Adjusted PS Ratio: 0.61 (As of Aug. 08, 2026) — Near Median

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ROCO:4767 Cherng Tay Technology Co Ltd ROCO:4767
81 GF Score
Price NT$26.50
GF Value NT$23.53
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Cherng Tay Technology Co Cyclically Adjusted PS Ratio?

Cherng Tay Technology Co ROCO:4767 -0.56% 81 Cyclically Adjusted PS Ratio is 0.61 as of Aug. 08, 2026, which is at its 10-year median of 0.61. GuruFocus rates ROCO:4767 with a GF Score™ of 81/100 and a GF Value™ of NT$23.53 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,276 Chemicals companies, Cherng Tay Technology Co ranks better than 72.18% on this metric.

As of today (2026-08-08), Cherng Tay Technology Co's current share price is NT$26.50. Cherng Tay Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$43.66. Cherng Tay Technology Co's Cyclically Adjusted PS Ratio for today is 0.61.

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

ROCO:4767' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.57   Med: 0.61   Max: 0.63
Current: 0.6

During the past years, Cherng Tay Technology Co's highest Cyclically Adjusted PS Ratio was 0.63. The lowest was 0.57. And the median was 0.61.

ROCO:4767's Cyclically Adjusted PS Ratio is ranked better than
72.18% of 1276 companies
in the Chemicals industry
Industry Median: 1.29 vs ROCO:4767: 0.60

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.

Cherng Tay Technology Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$7.363. 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$43.66 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cherng Tay Technology Co  (ROCO:4767) 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.


Cherng Tay Technology Co Cyclically Adjusted PS Ratio Related Terms


Cherng Tay Technology Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Cherng Tay Technology 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.

Cherng Tay Technology Co Cyclically Adjusted PS Ratio Chart

Cherng Tay Technology 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 0.00 0.00 0.00 0.00 0.63

Cherng Tay Technology 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 0.00 0.00 0.00 0.63 0.57

ROCO:4767 vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Cherng Tay Technology 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.


Cherng Tay Technology Co Cyclically Adjusted PS Ratio vs Chemicals Industry

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

* The bar in red indicates where Cherng Tay Technology Co's Cyclically Adjusted PS Ratio falls into.


ROCO:4767
81GF Score
Cherng Tay Technology Co Ltd ROCO:4767
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Cherng Tay Technology 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.

Cherng Tay Technology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=26.50/43.66
=0.61

* 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.

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

For example, Cherng Tay Technology 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)
=7.363/330.2130*330.2130
=7.363

Current CPI (Mar. 2026) = 330.2130.

Cherng Tay Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.000 234.812 0.000
201512 0.000 236.525 0.000
201612 0.000 241.432 0.000
201703 9.345 243.801 12.657
201706 8.708 244.955 11.739
201709 9.230 246.819 12.349
201712 8.631 246.524 11.561
201803 9.101 249.554 12.043
201806 9.694 251.989 12.703
201809 9.312 252.439 12.181
201812 8.056 251.233 10.589
201903 8.056 254.202 10.465
201906 8.647 256.143 11.147
201909 9.614 256.759 12.364
201912 9.323 256.974 11.980
202003 7.734 258.115 9.894
202006 7.743 257.797 9.918
202009 9.017 260.280 11.440
202012 9.179 260.474 11.637
202103 9.443 264.877 11.772
202106 10.180 271.696 12.373
202109 9.251 274.310 11.136
202112 11.101 278.802 13.148
202203 11.576 287.504 13.296
202206 10.511 296.311 11.714
202209 11.396 296.808 12.679
202212 11.275 296.797 12.544
202303 8.913 301.836 9.751
202306 10.499 305.109 11.363
202309 10.262 307.789 11.010
202312 9.459 306.746 10.183
202403 9.182 312.332 9.708
202406 9.754 314.175 10.252
202409 9.666 315.301 10.123
202412 9.036 315.605 9.454
202503 8.073 319.799 8.336
202506 7.773 322.561 7.957
202509 7.856 324.800 7.987
202512 6.931 324.054 7.063
202603 7.363 330.213 7.363

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 0.61 mean?
Cherng Tay Technology Co (ROCO:4767) has a Cyclically Adjusted PS Ratio of 0.61 as of Aug. 08, 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 Cherng Tay Technology Co and its competitors. This is near median its historical median of 0.61. Over the past decade, Cherng Tay Technology Co's Cyclically Adjusted PS Ratio has ranged from 0.57 to 0.63. According to the industry distribution chart, Cherng Tay Technology Co ranks #355 out of 1276 companies in the Chemicals industry, placing it in the top 27.8%.
Is Cherng Tay Technology Co's Cyclically Adjusted PS Ratio too high?
Cherng Tay Technology Co's current Cyclically Adjusted PS Ratio of 0.61 is near median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 0.63. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.29. Cherng Tay Technology Co's value of 0.61 is 52.7% below this industry median. Based on the distribution chart, Cherng Tay Technology Co ranks #355 out of 1276 companies in the Chemicals industry, which is above the industry midpoint. Overall, Cherng Tay Technology Co has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cherng Tay Technology Co's Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Cherng Tay Technology Co ranks #355 out of 1276 companies for Cyclically Adjusted PS Ratio. This puts Cherng Tay Technology Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.29. Cherng Tay Technology Co's value of 0.61 is 52.7% below this benchmark. Historically, Cherng Tay Technology Co's own Cyclically Adjusted PS Ratio has ranged from 0.57 to 0.63 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 1.29, Cherng Tay Technology 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.29, based on 1,276 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. Cherng Tay Technology Co's current Cyclically Adjusted PS Ratio of 0.61 is 52.7% 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 Cherng Tay Technology Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cherng Tay Technology Co's current Cyclically Adjusted PS Ratio is 0.61, which is near median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cherng Tay Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Cherng Tay Technology Co (ROCO:4767) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$23.53, compared to a current price of NT$26.50 — trading 12.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.61, which is near median its 10-year median of 0.61 and 52.7% below the Chemicals industry median of 1.29. Cherng Tay Technology Co's overall GF Score™ is 81/100 with 5 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 Cherng Tay Technology Co (ROCO:4767), the current Cyclically Adjusted PS Ratio is 0.61 as of Aug. 08, 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 Cherng Tay Technology Co (ROCO:4767) Overvalued in 2026?

Based on GuruFocus' analysis, Cherng Tay Technology Co stock appears to be overvalued. The current stock price of NT$26.50 is trading 12.6% above its estimated GF Value™ of NT$23.53. GuruFocus considers Cherng Tay Technology Co to be Modestly Overvalued.

Key valuation signals for ROCO:4767:

  • Cyclically Adjusted PS Ratio: 0.61 (near median its 10-year median of 0.61)
  • GF Value™: NT$23.53 vs. price of NT$26.50 (12.6% above fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 52.7% below the Chemicals median (#355 of 1276)

No single metric tells the full story. See the ROCO:4767 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cherng Tay Technology Co Business Description

Address No.1, Luke 3rd Road, Luzhu District, Kaohsiung City, TWN, 821
Cherng Tay Technology Co Ltd is mainly engaged in the manufacturing and sale of adhesives. The Company develops hot melt adhesives and waterproofing materials, with core technologies in environmentally friendly hot melt adhesives, adhesives, waterproofing films, and waterproofing glues. These products are used in the packaging, bookmaking, footwear and waterproofing industries. The Group operates in Taiwan, Mainland China, which generates maximum revenue, India, Indonesia and Vietnam.
81GF Score

Get the complete analysis for ROCO:4767

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

NT$26.50
Price
NT$23.53
GF Value