Chain Chon Industrial Co (ROCO:5014) Cyclically Adjusted PS Ratio: 0.10 (As of Jul. 31, 2026) — 23% Below Median

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ROCO:5014 Chain Chon Industrial Co Ltd ROCO:5014
59 GF Score
Price NT$10.95
GF Value NT$12.55
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is Chain Chon Industrial Co Cyclically Adjusted PS Ratio?

Chain Chon Industrial Co ROCO:5014 59 Cyclically Adjusted PS Ratio is 0.10 as of Jul. 31, 2026, which is 23% below its 10-year median of 0.13. GuruFocus rates ROCO:5014 with a GF Score™ of 59/100 and a GF Value™ of NT$12.55 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 515 Steel companies, Chain Chon Industrial Co ranks better than 89.9% on this metric.

As of today (2026-07-31), Chain Chon Industrial Co's current share price is NT$10.95. Chain Chon Industrial Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$113.13. Chain Chon Industrial Co's Cyclically Adjusted PS Ratio for today is 0.10.

The historical rank and industry rank for Chain Chon Industrial Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

ROCO:5014' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.13   Max: 0.27
Current: 0.1

During the past years, Chain Chon Industrial Co's highest Cyclically Adjusted PS Ratio was 0.27. The lowest was 0.06. And the median was 0.13.

ROCO:5014's Cyclically Adjusted PS Ratio is ranked better than
89.9% of 515 companies
in the Steel industry
Industry Median: 0.45 vs ROCO:5014: 0.10

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.

Chain Chon Industrial Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$19.957. 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$113.13 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chain Chon Industrial Co  (ROCO:5014) 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.


Chain Chon Industrial Co Cyclically Adjusted PS Ratio Related Terms


Chain Chon Industrial Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Chain Chon Industrial 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.

Chain Chon Industrial Co Cyclically Adjusted PS Ratio Chart

Chain Chon Industrial 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 0.21 0.17 0.13 0.12 0.09

Chain Chon Industrial 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 0.13 0.10 0.09 0.09 0.09

ROCO:5014 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Chain Chon Industrial 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.


Chain Chon Industrial Co Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Chain Chon Industrial Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Chain Chon Industrial Co's Cyclically Adjusted PS Ratio falls into.


ROCO:5014
59GF Score
Chain Chon Industrial Co Ltd ROCO:5014
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chain Chon Industrial 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.

Chain Chon Industrial Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.95/113.13
=0.10

* 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.

Chain Chon Industrial Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Chain Chon Industrial 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)
=19.957/330.2130*330.2130
=19.957

Current CPI (Mar. 2026) = 330.2130.

Chain Chon Industrial Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 18.988 241.018 26.015
201609 19.963 241.428 27.304
201612 25.830 241.432 35.328
201703 21.969 243.801 29.756
201706 24.001 244.955 32.355
201709 27.543 246.819 36.849
201712 29.429 246.524 39.419
201803 22.793 249.554 30.160
201806 26.104 251.989 34.207
201809 22.789 252.439 29.810
201812 25.764 251.233 33.863
201903 20.701 254.202 26.891
201906 28.039 256.143 36.147
201909 25.085 256.759 32.261
201912 29.595 256.974 38.030
202003 17.117 258.115 21.898
202006 15.915 257.797 20.386
202009 23.218 260.280 29.456
202012 25.983 260.474 32.940
202103 21.194 264.877 26.422
202106 28.303 271.696 34.399
202109 30.612 274.310 36.851
202112 31.519 278.802 37.331
202203 23.714 287.504 27.237
202206 29.600 296.311 32.987
202209 27.822 296.808 30.953
202212 21.803 296.797 24.258
202303 19.909 301.836 21.781
202306 22.912 305.109 24.797
202309 20.903 307.789 22.426
202312 21.391 306.746 23.027
202403 18.015 312.332 19.046
202406 23.107 314.175 24.287
202409 22.066 315.301 23.110
202412 24.711 315.605 25.855
202503 17.611 319.799 18.184
202506 20.745 322.561 21.237
202509 21.535 324.800 21.894
202512 21.810 324.054 22.225
202603 19.957 330.213 19.957

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 0.10 mean?
Chain Chon Industrial Co (ROCO:5014) has a Cyclically Adjusted PS Ratio of 0.10 as of Jul. 31, 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 Chain Chon Industrial Co and its competitors. This is 23% below median its historical median of 0.13. Over the past decade, Chain Chon Industrial Co's Cyclically Adjusted PS Ratio has ranged from 0.06 to 0.27. According to the industry distribution chart, Chain Chon Industrial Co ranks #52 out of 515 companies in the Steel industry, placing it in the top 10.1%.
Is Chain Chon Industrial Co's Cyclically Adjusted PS Ratio too high?
Chain Chon Industrial Co's current Cyclically Adjusted PS Ratio of 0.10 is 23% below median its 10-year median of 0.13. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.27. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Chain Chon Industrial Co's value of 0.10 is 77.8% below this industry median. Based on the distribution chart, Chain Chon Industrial Co ranks #52 out of 515 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Chain Chon Industrial Co has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chain Chon Industrial Co's Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Chain Chon Industrial Co ranks #52 out of 515 companies for Cyclically Adjusted PS Ratio. This places Chain Chon Industrial Co in the top 10% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.45. Chain Chon Industrial Co's value of 0.10 is 77.8% below this benchmark. Historically, Chain Chon Industrial Co's own Cyclically Adjusted PS Ratio has ranged from 0.06 to 0.27 over the past decade. While the company's 10-year median is 0.13 vs. the industry median of 0.45, Chain Chon Industrial 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 Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.45, based on 515 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. Chain Chon Industrial Co's current Cyclically Adjusted PS Ratio of 0.10 is 77.8% 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 Chain Chon Industrial Co and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chain Chon Industrial Co's current Cyclically Adjusted PS Ratio is 0.10, which is 23% below median its own 10-year median of 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chain Chon Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Chain Chon Industrial Co (ROCO:5014) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$12.55, compared to a current price of NT$10.95 — trading 12.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.10, which is 23% below median its 10-year median of 0.13 and 77.8% below the Steel industry median of 0.45. Chain Chon Industrial Co's overall GF Score™ is 59/100 with 9 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 Chain Chon Industrial Co (ROCO:5014), the current Cyclically Adjusted PS Ratio is 0.10 as of Jul. 31, 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 Chain Chon Industrial Co (ROCO:5014) Overvalued in 2026?

Based on GuruFocus' analysis, Chain Chon Industrial Co stock appears to be undervalued. The current stock price of NT$10.95 is trading 12.7% below its estimated GF Value™ of NT$12.55. GuruFocus considers Chain Chon Industrial Co to be Modestly Undervalued.

Key valuation signals for ROCO:5014:

  • Cyclically Adjusted PS Ratio: 0.10 (23% below median its 10-year median of 0.13)
  • GF Value™: NT$12.55 vs. price of NT$10.95 (12.7% below fair value)
  • GF Score™: 59/100 with 9 warning signs
  • Industry Position: 77.8% below the Steel median (#52 of 515)

No single metric tells the full story. See the ROCO:5014 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chain Chon Industrial Co Business Description

Address No. 178, Daguan Road, Tienxin Village, Dayuan District, Taoyuan, TWN, 337
Chain Chon Industrial Co Ltd is mainly engaged in cutting, strip processing, and selling of stainless steel sheets, stainless steel rolls, steel and iron materials, as well as various hardware materials.. It processes and markets cold-rolled and hot-rolled stainless steel coils, sheets, checker plates, strips, angles, flat bars, welded H-beams, and polished coils or sheets. The company generates maximum revenue from Stainless steel coil.
59GF Score

Get the complete analysis for ROCO:5014

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

NT$10.95
Price
NT$12.55
GF Value