Force Mos Technology Co (ROCO:4923) Cyclically Adjusted PS Ratio: 1.55 (As of Aug. 14, 2026) — 53% Above Median

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ROCO:4923 Force Mos Technology Co Ltd ROCO:4923
52 GF Score
Price NT$50.60
GF Value NT$40.50
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Force Mos Technology Co Cyclically Adjusted PS Ratio?

Force Mos Technology Co ROCO:4923 +0.20% 52 Cyclically Adjusted PS Ratio is 1.55 as of Aug. 14, 2026, which is 53% above its 10-year median of 1.01. GuruFocus rates ROCO:4923 with a GF Score™ of 52/100 and a GF Value™ of NT$40.50 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 729 Semiconductors companies, Force Mos Technology Co ranks better than 69.14% on this metric.

As of today (2026-08-14), Force Mos Technology Co's current share price is NT$50.60. Force Mos Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$32.58. Force Mos Technology Co's Cyclically Adjusted PS Ratio for today is 1.55.

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

ROCO:4923' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.01   Max: 1.94
Current: 1.39

During the past years, Force Mos Technology Co's highest Cyclically Adjusted PS Ratio was 1.94. The lowest was 0.81. And the median was 1.01.

ROCO:4923's Cyclically Adjusted PS Ratio is ranked better than
69.14% of 729 companies
in the Semiconductors industry
Industry Median: 3.02 vs ROCO:4923: 1.39

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.

Force Mos Technology Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$7.508. 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$32.58 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Force Mos Technology Co  (ROCO:4923) 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.


Force Mos Technology Co Cyclically Adjusted PS Ratio Related Terms


Force Mos Technology Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Force Mos 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.

Force Mos Technology Co Cyclically Adjusted PS Ratio Chart

Force Mos 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 0.89

Force Mos 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 0.98 1.04 0.96 0.89 1.06

ROCO:4923 vs NVDA, AVGO, MU: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, Force Mos 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.


Force Mos Technology Co Cyclically Adjusted PS Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Force Mos Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ROCO:4923
52GF Score
Force Mos Technology Co Ltd ROCO:4923
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Force Mos 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.

Force Mos Technology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=50.60/32.58
=1.55

* 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.

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

For example, Force Mos 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)
=7.508/330.2130*330.2130
=7.508

Current CPI (Mar. 2026) = 330.2130.

Force Mos Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201206 0.000 229.478 0.000
201212 0.000 229.601 0.000
201306 0.000 233.504 0.000
201312 0.000 233.049 0.000
201406 0.000 238.343 0.000
201412 0.000 234.812 0.000
201506 0.000 238.638 0.000
201512 0.000 236.525 0.000
201606 0.000 241.018 0.000
201612 0.000 241.432 0.000
201706 0.000 244.955 0.000
201712 0.000 246.524 0.000
201806 0.000 251.989 0.000
201812 0.000 251.233 0.000
201906 0.000 256.143 0.000
201912 0.000 256.974 0.000
202006 0.000 257.797 0.000
202009 6.221 260.280 7.892
202012 8.489 260.474 10.762
202103 8.450 264.877 10.534
202106 9.927 271.696 12.065
202109 9.915 274.310 11.936
202112 9.399 278.802 11.132
202203 10.453 287.504 12.006
202206 9.966 296.311 11.106
202209 6.802 296.808 7.568
202212 6.476 296.797 7.205
202303 5.469 301.836 5.983
202306 4.329 305.109 4.685
202309 5.820 307.789 6.244
202312 6.330 306.746 6.814
202403 5.861 312.332 6.197
202406 6.279 314.175 6.600
202409 6.437 315.301 6.741
202412 5.981 315.605 6.258
202503 5.865 319.799 6.056
202506 6.602 322.561 6.759
202509 7.661 324.800 7.789
202512 7.372 324.054 7.512
202603 7.508 330.213 7.508

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 1.55 mean?
Force Mos Technology Co (ROCO:4923) has a Cyclically Adjusted PS Ratio of 1.55 as of Aug. 14, 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 Force Mos Technology Co and its competitors. This is 53% above median its historical median of 1.01. Over the past decade, Force Mos Technology Co's Cyclically Adjusted PS Ratio has ranged from 0.81 to 1.94. According to the industry distribution chart, Force Mos Technology Co ranks #225 out of 729 companies in the Semiconductors industry, placing it in the top 30.9%.
Is Force Mos Technology Co's Cyclically Adjusted PS Ratio too high?
Force Mos Technology Co's current Cyclically Adjusted PS Ratio of 1.55 is 53% above median its 10-year median of 1.01. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 1.94. The Semiconductors industry median Cyclically Adjusted PS Ratio is 3.02. Force Mos Technology Co's value of 1.55 is 48.7% below this industry median. Based on the distribution chart, Force Mos Technology Co ranks #225 out of 729 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Force Mos Technology Co has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Force Mos Technology Co's Cyclically Adjusted PS Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Force Mos Technology Co ranks #225 out of 729 companies for Cyclically Adjusted PS Ratio. This puts Force Mos Technology Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.02. Force Mos Technology Co's value of 1.55 is 48.7% below this benchmark. Historically, Force Mos Technology Co's own Cyclically Adjusted PS Ratio has ranged from 0.81 to 1.94 over the past decade. While the company's 10-year median is 1.01 vs. the industry median of 3.02, Force Mos 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 Semiconductors company?
The median Cyclically Adjusted PS Ratio among Semiconductors companies is 3.02, based on 729 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. Force Mos Technology Co's current Cyclically Adjusted PS Ratio of 1.55 is 48.7% 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 Force Mos Technology Co and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Force Mos Technology Co's current Cyclically Adjusted PS Ratio is 1.55, which is 53% above median its own 10-year median of 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Force Mos Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Force Mos Technology Co (ROCO:4923) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$40.50, compared to a current price of NT$50.60 — trading 24.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.55, which is 53% above median its 10-year median of 1.01 and 48.7% below the Semiconductors industry median of 3.02. Force Mos Technology Co's overall GF Score™ is 52/100 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 Force Mos Technology Co (ROCO:4923), the current Cyclically Adjusted PS Ratio is 1.55 as of Aug. 14, 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 Force Mos Technology Co (ROCO:4923) Overvalued in 2026?

Based on GuruFocus' analysis, Force Mos Technology Co stock appears to be overvalued. The current stock price of NT$50.60 is trading 24.9% above its estimated GF Value™ of NT$40.50. GuruFocus considers Force Mos Technology Co to be Modestly Overvalued.

Key valuation signals for ROCO:4923:

  • Cyclically Adjusted PS Ratio: 1.55 (53% above median its 10-year median of 1.01)
  • GF Value™: NT$40.50 vs. price of NT$50.60 (24.9% above fair value)
  • GF Score™: 52/100 with 3 warning signs
  • Industry Position: 48.7% below the Semiconductors median (#225 of 729)

No single metric tells the full story. See the ROCO:4923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Force Mos Technology Co Business Description

Address No. 555, Siyuan Road, 24 Floor, Xinzhuang District, New Taipei City, TWN, 242
Force Mos Technology Co Ltd is mainly engaged in the manufacture of electronic components, wholesale of electronic materials, information software services and international trading, etc. The Group operates only a single industry, and is mainly engaged in design, research, development, manufacture, test, and sales, etc. of professional power electronic component. The company's products and services includes TrenchMosfet, Wafer, Diode, Transistor, and ESD. The company has presence in Taiwan and Mainland China.
52GF Score

Get the complete analysis for ROCO:4923

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

NT$50.60
Price
NT$40.50
GF Value