Pixon Technologies (ROCO:5248) Cyclically Adjusted PS Ratio: 1.51 (As of Aug. 09, 2026) — 80% Above Median

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ROCO:5248 Pixon Technologies Corp ROCO:5248
68 GF Score
Price NT$35.85
GF Value NT$27.71
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Pixon Technologies Cyclically Adjusted PS Ratio?

Pixon Technologies ROCO:5248 +0.84% 68 Cyclically Adjusted PS Ratio is 1.51 as of Aug. 09, 2026, which is 80% above its 10-year median of 0.84. GuruFocus rates ROCO:5248 with a GF Score™ of 68/100 and a GF Value™ of NT$27.71 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,979 Hardware companies, Pixon Technologies ranks worse than 52.25% on this metric.

As of today (2026-08-09), Pixon Technologies's current share price is NT$35.85. Pixon Technologies's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was NT$23.79. Pixon Technologies's Cyclically Adjusted PS Ratio for today is 1.51.

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

ROCO:5248' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.84   Max: 2.86
Current: 1.51

During the past 13 years, Pixon Technologies's highest Cyclically Adjusted PS Ratio was 2.86. The lowest was 0.51. And the median was 0.84.

ROCO:5248's Cyclically Adjusted PS Ratio is ranked worse than
52.25% of 1979 companies
in the Hardware industry
Industry Median: 1.39 vs ROCO:5248: 1.51

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.

Pixon Technologies's adjusted revenue per share data of for the fiscal year that ended in Dec25 was NT$15.041. 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$23.79 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pixon Technologies  (ROCO:5248) 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.


Pixon Technologies Cyclically Adjusted PS Ratio Related Terms


Pixon Technologies Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Pixon Technologies'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.

Pixon Technologies Cyclically Adjusted PS Ratio Chart

Pixon Technologies 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 0.77 0.61 1.02 1.38 1.00

Pixon Technologies Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.02 0.00 1.38 0.00 1.00

ROCO:5248 vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Pixon Technologies'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.


Pixon Technologies Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


ROCO:5248
68GF Score
Pixon Technologies Corp ROCO:5248
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pixon Technologies 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.

Pixon Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=35.85/23.79
=1.51

* 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.

Pixon Technologies's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Pixon Technologies's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=15.041/324.0540*324.0540
=15.041

Current CPI (Dec25) = 324.0540.

Pixon Technologies Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 25.884 241.432 34.742
201712 24.774 246.524 32.565
201812 23.495 251.233 30.305
201912 21.204 256.974 26.739
202012 18.273 260.474 22.733
202112 22.491 278.802 26.141
202212 13.817 296.797 15.086
202312 15.094 306.746 15.946
202412 18.131 315.605 18.616
202512 15.041 324.054 15.041

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 1.51 mean?
Pixon Technologies (ROCO:5248) has a Cyclically Adjusted PS Ratio of 1.51 as of Aug. 09, 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 Pixon Technologies and its competitors. This is 80% above median its historical median of 0.84. Over the past decade, Pixon Technologies' Cyclically Adjusted PS Ratio has ranged from 0.51 to 2.86. According to the industry distribution chart, Pixon Technologies ranks #1034 out of 1979 companies in the Hardware industry, placing it in the top 52.2%.
Is Pixon Technologies' Cyclically Adjusted PS Ratio too high?
Pixon Technologies' current Cyclically Adjusted PS Ratio of 1.51 is 80% above median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 2.86. The Hardware industry median Cyclically Adjusted PS Ratio is 1.39. Pixon Technologies' value of 1.51 is 8.6% above this industry median. Based on the distribution chart, Pixon Technologies ranks #1034 out of 1979 companies in the Hardware industry, which is below the industry midpoint. Overall, Pixon Technologies has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pixon Technologies' Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Pixon Technologies ranks #1034 out of 1979 companies for Cyclically Adjusted PS Ratio. This places Pixon Technologies in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.39. Pixon Technologies' value of 1.51 is 8.6% above this benchmark. Historically, Pixon Technologies' own Cyclically Adjusted PS Ratio has ranged from 0.51 to 2.86 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 1.39, Pixon Technologies 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 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. Pixon Technologies's current Cyclically Adjusted PS Ratio of 1.51 is 8.6% 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 Pixon Technologies 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. Pixon Technologies's current Cyclically Adjusted PS Ratio is 1.51, which is 80% above median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pixon Technologies stock overvalued right now?
Based on GuruFocus' analysis, Pixon Technologies (ROCO:5248) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$27.71, compared to a current price of NT$35.85 — trading 29.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.51, which is 80% above median its 10-year median of 0.84 and 8.6% above the Hardware industry median of 1.39. Pixon Technologies' overall GF Score™ is 68/100 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 Pixon Technologies (ROCO:5248), the current Cyclically Adjusted PS Ratio is 1.51 as of Aug. 09, 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 Pixon Technologies (ROCO:5248) Overvalued in 2026?

Based on GuruFocus' analysis, Pixon Technologies stock appears to be overvalued. The current stock price of NT$35.85 is trading 29.4% above its estimated GF Value™ of NT$27.71. GuruFocus considers Pixon Technologies to be Modestly Overvalued.

Key valuation signals for ROCO:5248:

  • Cyclically Adjusted PS Ratio: 1.51 (80% above median its 10-year median of 0.84)
  • GF Value™: NT$27.71 vs. price of NT$35.85 (29.4% above fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 8.6% above the Hardware median (#1034 of 1979)

No single metric tells the full story. See the ROCO:5248 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pixon Technologies Business Description

Address No. 52, Minquan Road, 9th Floor, Xindian District, New Taipei City, TWN, 23141
Pixon Technologies Corp is a Taiwan based company operating in the imaging and optical component industry. Its designs and manufactures color CIS modules, imaging lens arrays, and linear illumination products. The products of the company include a linear light guide, CIS module, linear micro lens array, COB chip on board, and 3-in-1 module. The entity's product application provides document scanning and printing, fax, photocopiers, MFP multifunction printers, banknote counterfeit machines, lottery, electronic whiteboard, large format textile and paper printing and scanning, and other visual inspection.
68GF Score

Get the complete analysis for ROCO:5248

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

NT$35.85
Price
NT$27.71
GF Value