Penpower Technology (ROCO:5211) Cyclically Adjusted PS Ratio: 2.85 (As of Aug. 12, 2026) — Near Median

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ROCO:5211 Penpower Technology Ltd ROCO:5211
62 GF Score
Price NT$20.05
GF Value NT$38.07
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Penpower Technology Cyclically Adjusted PS Ratio?

Penpower Technology ROCO:5211 62 Cyclically Adjusted PS Ratio is 2.85 as of Aug. 12, 2026, which is 8% above its 10-year median of 2.65. GuruFocus rates ROCO:5211 with a GF Score™ of 62/100 and a GF Value™ of NT$38.07 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,604 Software companies, Penpower Technology ranks worse than 64.28% on this metric.

As of today (2026-08-12), Penpower Technology's current share price is NT$20.05. Penpower Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$7.03. Penpower Technology's Cyclically Adjusted PS Ratio for today is 2.85.

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

ROCO:5211' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.99   Med: 2.65   Max: 4.37
Current: 2.87

During the past years, Penpower Technology's highest Cyclically Adjusted PS Ratio was 4.37. The lowest was 0.99. And the median was 2.65.

ROCO:5211's Cyclically Adjusted PS Ratio is ranked worse than
64.28% of 1604 companies
in the Software industry
Industry Median: 1.665 vs ROCO:5211: 2.87

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.

Penpower Technology's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$1.788. 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$7.03 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Penpower Technology  (ROCO:5211) 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.


Penpower Technology Cyclically Adjusted PS Ratio Related Terms


Penpower Technology Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Penpower Technology'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.

Penpower Technology Cyclically Adjusted PS Ratio Chart

Penpower Technology 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 2.34 2.30 2.88 3.66 3.91

Penpower Technology 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 3.55 2.96 4.37 3.91 3.00

ROCO:5211 vs QH, SHOP, UBER: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, Penpower Technology'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.


Penpower Technology Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, Penpower Technology's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ROCO:5211
62GF Score
Penpower Technology Ltd ROCO:5211
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Penpower Technology 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.

Penpower Technology's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.05/7.03
=2.85

* 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.

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

For example, Penpower Technology'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)
=1.788/330.2130*330.2130
=1.788

Current CPI (Mar. 2026) = 330.2130.

Penpower Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.159 241.018 2.958
201609 2.001 241.428 2.737
201612 2.082 241.432 2.848
201703 2.078 243.801 2.815
201706 1.950 244.955 2.629
201709 1.974 246.819 2.641
201712 1.919 246.524 2.570
201803 1.780 249.554 2.355
201806 1.210 251.989 1.586
201809 1.500 252.439 1.962
201812 1.551 251.233 2.039
201903 1.474 254.202 1.915
201906 1.401 256.143 1.806
201909 1.417 256.759 1.822
201912 1.356 256.974 1.742
202003 1.291 258.115 1.652
202006 1.444 257.797 1.850
202009 1.061 260.280 1.346
202012 1.076 260.474 1.364
202103 0.981 264.877 1.223
202106 0.957 271.696 1.163
202109 1.034 274.310 1.245
202112 1.000 278.802 1.184
202203 1.036 287.504 1.190
202206 1.216 296.311 1.355
202209 1.171 296.808 1.303
202212 1.141 296.797 1.269
202303 1.108 301.836 1.212
202306 1.095 305.109 1.185
202309 1.516 307.789 1.626
202312 1.438 306.746 1.548
202403 1.280 312.332 1.353
202406 1.374 314.175 1.444
202409 1.269 315.301 1.329
202412 1.189 315.605 1.244
202503 1.282 319.799 1.324
202506 1.703 322.561 1.743
202509 1.937 324.800 1.969
202512 1.922 324.054 1.959
202603 1.788 330.213 1.788

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 2.85 mean?
Penpower Technology (ROCO:5211) has a Cyclically Adjusted PS Ratio of 2.85 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 Penpower Technology and its competitors. This is near median its historical median of 2.65. Over the past decade, Penpower Technology's Cyclically Adjusted PS Ratio has ranged from 0.99 to 4.37. According to the industry distribution chart, Penpower Technology ranks #1031 out of 1604 companies in the Software industry, placing it in the top 64.3%.
Is Penpower Technology's Cyclically Adjusted PS Ratio too high?
Penpower Technology's current Cyclically Adjusted PS Ratio of 2.85 is near median its 10-year median of 2.65. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 4.37. The Software industry median Cyclically Adjusted PS Ratio is 1.67. Penpower Technology's value of 2.85 is 71.2% above this industry median. Based on the distribution chart, Penpower Technology ranks #1031 out of 1604 companies in the Software industry, which is below the industry midpoint. Overall, Penpower Technology has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Penpower Technology's Cyclically Adjusted PS Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Penpower Technology ranks #1031 out of 1604 companies for Cyclically Adjusted PS Ratio. This places Penpower Technology in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.67. Penpower Technology's value of 2.85 is 71.2% above this benchmark. Historically, Penpower Technology's own Cyclically Adjusted PS Ratio has ranged from 0.99 to 4.37 over the past decade. While the company's 10-year median is 2.65 vs. the industry median of 1.67, Penpower Technology 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 Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.67, based on 1,604 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. Penpower Technology's current Cyclically Adjusted PS Ratio of 2.85 is 71.2% 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 Penpower Technology and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Penpower Technology's current Cyclically Adjusted PS Ratio is 2.85, which is near median its own 10-year median of 2.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Penpower Technology stock overvalued right now?
Based on GuruFocus' analysis, Penpower Technology (ROCO:5211) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$38.07, compared to a current price of NT$20.05 — trading 47.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.85, which is near median its 10-year median of 2.65 and 71.2% above the Software industry median of 1.67. Penpower Technology's overall GF Score™ is 62/100 with 1 warning sign 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 Penpower Technology (ROCO:5211), the current Cyclically Adjusted PS Ratio is 2.85 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 Penpower Technology (ROCO:5211) Overvalued in 2026?

Based on GuruFocus' analysis, Penpower Technology stock appears to be undervalued. The current stock price of NT$20.05 is trading 47.3% below its estimated GF Value™ of NT$38.07. GuruFocus considers Penpower Technology to be Significantly Undervalued.

Key valuation signals for ROCO:5211:

  • Cyclically Adjusted PS Ratio: 2.85 (near median its 10-year median of 2.65)
  • GF Value™: NT$38.07 vs. price of NT$20.05 (47.3% below fair value)
  • GF Score™: 62/100 with 1 warning sign
  • Industry Position: 71.2% above the Software median (#1031 of 1604)

No single metric tells the full story. See the ROCO:5211 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Penpower Technology Business Description

Address Guangfu Road, Section 2, 7th Floor, No.47, Lane 2, Hsinchu, TWN, 30071
Penpower Technology Ltd is a smart human-machine interface core technology research and development company. The company is engaged in the manufacturing and distribution of software products. It offers products based on its handwriting recognition, voice recognition, optical character recognition, business card recognition, biometrics recognition, and security technologies. The technologies serve different industries such as PC, mobile devices, communication transmission, internet, and information appliances. It has operations in Hong Kong, Singapore, China, and the United States.
62GF Score

Get the complete analysis for ROCO:5211

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

NT$20.05
Price
NT$38.07
GF Value