Asia Tech Image (ROCO:4974) Cyclically Adjusted PS Ratio: 1.08 (As of Aug. 11, 2026) — Near Median

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ROCO:4974 Asia Tech Image Inc ROCO:4974
76 GF Score
Price NT$69.30
GF Value NT$67.57
Valuation Fairly Valued
! 5 Warning Signs
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What is Asia Tech Image Cyclically Adjusted PS Ratio?

Asia Tech Image ROCO:4974 -0.57% 76 Cyclically Adjusted PS Ratio is 1.08 as of Aug. 11, 2026, which is 6% above its 10-year median of 1.02. GuruFocus rates ROCO:4974 with a GF Score™ of 76/100 and a GF Value™ of NT$67.57 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,979 Hardware companies, Asia Tech Image ranks better than 57.4% on this metric.

As of today (2026-08-11), Asia Tech Image's current share price is NT$69.30. Asia Tech Image's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$64.17. Asia Tech Image's Cyclically Adjusted PS Ratio for today is 1.08.

The historical rank and industry rank for Asia Tech Image's Cyclically Adjusted PS Ratio or its related term are showing as below:

ROCO:4974' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.02   Max: 2.14
Current: 1.07

During the past years, Asia Tech Image's highest Cyclically Adjusted PS Ratio was 2.14. The lowest was 0.67. And the median was 1.02.

ROCO:4974's Cyclically Adjusted PS Ratio is ranked better than
57.4% of 1979 companies
in the Hardware industry
Industry Median: 1.39 vs ROCO:4974: 1.07

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.

Asia Tech Image's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$12.997. 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$64.17 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asia Tech Image  (ROCO:4974) 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.


Asia Tech Image Cyclically Adjusted PS Ratio Related Terms


Asia Tech Image Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Asia Tech Image'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.

Asia Tech Image Cyclically Adjusted PS Ratio Chart

Asia Tech Image 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 0.90 0.90 1.06 2.20 1.11

Asia Tech Image 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 1.50 1.28 1.26 1.11 1.08

ROCO:4974 vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Asia Tech Image'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.


Asia Tech Image Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Asia Tech Image's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Asia Tech Image's Cyclically Adjusted PS Ratio falls into.


ROCO:4974
76GF Score
Asia Tech Image Inc ROCO:4974
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asia Tech Image 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.

Asia Tech Image's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=69.30/64.17
=1.08

* 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.

Asia Tech Image's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Asia Tech Image'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)
=12.997/330.2130*330.2130
=12.997

Current CPI (Mar. 2026) = 330.2130.

Asia Tech Image Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 13.851 241.018 18.977
201609 16.969 241.428 23.209
201612 12.058 241.432 16.492
201703 9.946 243.801 13.471
201706 14.035 244.955 18.920
201709 13.223 246.819 17.691
201712 12.539 246.524 16.796
201803 12.126 249.554 16.045
201806 14.138 251.989 18.527
201809 13.072 252.439 17.099
201812 10.491 251.233 13.789
201903 10.871 254.202 14.122
201906 14.858 256.143 19.155
201909 14.247 256.759 18.323
201912 11.966 256.974 15.376
202003 10.799 258.115 13.815
202006 13.868 257.797 17.764
202009 14.710 260.280 18.662
202012 14.835 260.474 18.807
202103 13.876 264.877 17.299
202106 14.651 271.696 17.806
202109 16.155 274.310 19.447
202112 12.397 278.802 14.683
202203 13.747 287.504 15.789
202206 14.223 296.311 15.850
202209 14.656 296.808 16.305
202212 15.565 296.797 17.317
202303 11.969 301.836 13.094
202306 13.809 305.109 14.945
202309 11.503 307.789 12.341
202312 10.982 306.746 11.822
202403 11.663 312.332 12.331
202406 15.005 314.175 15.771
202409 18.266 315.301 19.130
202412 15.176 315.605 15.878
202503 15.075 319.799 15.566
202506 13.115 322.561 13.426
202509 13.254 324.800 13.475
202512 9.236 324.054 9.412
202603 12.997 330.213 12.997

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 1.08 mean?
Asia Tech Image (ROCO:4974) has a Cyclically Adjusted PS Ratio of 1.08 as of Aug. 11, 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 Asia Tech Image and its competitors. This is near median its historical median of 1.02. Over the past decade, Asia Tech Image's Cyclically Adjusted PS Ratio has ranged from 0.67 to 2.14. According to the industry distribution chart, Asia Tech Image ranks #843 out of 1979 companies in the Hardware industry, placing it in the top 42.6%.
Is Asia Tech Image's Cyclically Adjusted PS Ratio too high?
Asia Tech Image's current Cyclically Adjusted PS Ratio of 1.08 is near median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 2.14. The Hardware industry median Cyclically Adjusted PS Ratio is 1.39. Asia Tech Image's value of 1.08 is 22.3% below this industry median. Based on the distribution chart, Asia Tech Image ranks #843 out of 1979 companies in the Hardware industry, which is above the industry midpoint. Overall, Asia Tech Image has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asia Tech Image's Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Asia Tech Image ranks #843 out of 1979 companies for Cyclically Adjusted PS Ratio. This puts Asia Tech Image in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.39. Asia Tech Image's value of 1.08 is 22.3% below this benchmark. Historically, Asia Tech Image's own Cyclically Adjusted PS Ratio has ranged from 0.67 to 2.14 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 1.39, Asia Tech Image 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 1.39, based on 1,979 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. Asia Tech Image's current Cyclically Adjusted PS Ratio of 1.08 is 22.3% 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 Asia Tech Image and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Tech Image's current Cyclically Adjusted PS Ratio is 1.08, which is near median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Tech Image stock overvalued right now?
Based on GuruFocus' analysis, Asia Tech Image (ROCO:4974) is currently considered Fairly Valued. The stock's GF Value™ is NT$67.57, compared to a current price of NT$69.30 — trading 2.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.08, which is near median its 10-year median of 1.02 and 22.3% below the Hardware industry median of 1.39. Asia Tech Image's overall GF Score™ is 76/100 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 Asia Tech Image (ROCO:4974), the current Cyclically Adjusted PS Ratio is 1.08 as of Aug. 11, 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 Asia Tech Image (ROCO:4974) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Tech Image stock appears to be overvalued. The current stock price of NT$69.30 is trading 2.6% above its estimated GF Value™ of NT$67.57. GuruFocus considers Asia Tech Image to be Fairly Valued.

Key valuation signals for ROCO:4974:

  • Cyclically Adjusted PS Ratio: 1.08 (near median its 10-year median of 1.02)
  • GF Value™: NT$67.57 vs. price of NT$69.30 (2.6% above fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 22.3% below the Hardware median (#843 of 1979)

No single metric tells the full story. See the ROCO:4974 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asia Tech Image Business Description

Address Zhongzheng Road, 2nd Floor, No. 880, Zhonghe District, Taipei, TWN
Asia Tech Image Inc is engaged in manufacturing and selling contact image sensor modules the scope of product application is mainly for multi-functional business machines. its product includes CIS modules applied to Inkjet multi-functional printers (MFP), Laser MFP, Scanners, Plain paper copiers, and digital photo frames. It operates in three principal geographical areas including Taiwan, China, and Burma.
76GF Score

Get the complete analysis for ROCO:4974

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

NT$69.30
Price
NT$67.57
GF Value