Vate Technology (ROCO:5344) Cyclically Adjusted PS Ratio: 3.29 (As of Aug. 09, 2026) — 37% Below Median

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ROCO:5344 Vate Technology Corp Ltd ROCO:5344
63 GF Score
Price NT$13.80
GF Value NT$18.85
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Vate Technology Cyclically Adjusted PS Ratio?

Vate Technology ROCO:5344 -3.83% 63 Cyclically Adjusted PS Ratio is 3.29 as of Aug. 09, 2026, which is 37% below its 10-year median of 5.19. GuruFocus rates ROCO:5344 with a GF Score™ of 63/100 and a GF Value™ of NT$18.85 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 731 Semiconductors companies, Vate Technology ranks worse than 52.26% on this metric.

As of today (2026-08-09), Vate Technology's current share price is NT$13.80. Vate Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$4.20. Vate Technology's Cyclically Adjusted PS Ratio for today is 3.29.

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

ROCO:5344' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.36   Med: 5.19   Max: 13.12
Current: 3.29

During the past years, Vate Technology's highest Cyclically Adjusted PS Ratio was 13.12. The lowest was 2.36. And the median was 5.19.

ROCO:5344's Cyclically Adjusted PS Ratio is ranked worse than
52.26% of 731 companies
in the Semiconductors industry
Industry Median: 3.01 vs ROCO:5344: 3.29

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.

Vate Technology's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$1.144. 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$4.20 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vate Technology  (ROCO:5344) 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.


Vate Technology Cyclically Adjusted PS Ratio Related Terms


Vate Technology Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Vate 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.

Vate Technology Cyclically Adjusted PS Ratio Chart

Vate 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 12.66 5.52 6.68 4.72 3.78

Vate 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 4.04 3.31 3.54 3.78 3.17

ROCO:5344 vs NVDA, AVGO, MU: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, Vate 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.


Vate Technology Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


ROCO:5344
63GF Score
Vate Technology Corp Ltd ROCO:5344
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vate 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.80/4.20
=3.29

* 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.

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

For example, Vate 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)
=1.144/330.2130*330.2130
=1.144

Current CPI (Mar. 2026) = 330.2130.

Vate Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.470 241.018 0.644
201609 0.518 241.428 0.708
201612 0.566 241.432 0.774
201703 0.582 243.801 0.788
201706 1.011 244.955 1.363
201709 0.651 246.819 0.871
201712 0.648 246.524 0.868
201803 0.602 249.554 0.797
201806 0.603 251.989 0.790
201809 0.642 252.439 0.840
201812 0.557 251.233 0.732
201903 0.539 254.202 0.700
201906 0.644 256.143 0.830
201909 0.706 256.759 0.908
201912 0.757 256.974 0.973
202003 0.829 258.115 1.061
202006 0.932 257.797 1.194
202009 1.401 260.280 1.777
202012 1.269 260.474 1.609
202103 1.273 264.877 1.587
202106 1.177 271.696 1.430
202109 1.192 274.310 1.435
202112 1.155 278.802 1.368
202203 1.003 287.504 1.152
202206 0.991 296.311 1.104
202209 0.769 296.808 0.856
202212 0.610 296.797 0.679
202303 0.674 301.836 0.737
202306 0.883 305.109 0.956
202309 0.994 307.789 1.066
202312 1.244 306.746 1.339
202403 1.077 312.332 1.139
202406 1.084 314.175 1.139
202409 1.152 315.301 1.206
202412 1.056 315.605 1.105
202503 0.904 319.799 0.933
202506 1.103 322.561 1.129
202509 1.003 324.800 1.020
202512 1.181 324.054 1.203
202603 1.144 330.213 1.144

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 3.29 mean?
Vate Technology (ROCO:5344) has a Cyclically Adjusted PS Ratio of 3.29 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 Vate Technology and its competitors. This is 37% below median its historical median of 5.19. Over the past decade, Vate Technology's Cyclically Adjusted PS Ratio has ranged from 2.36 to 13.12. According to the industry distribution chart, Vate Technology ranks #382 out of 731 companies in the Semiconductors industry, placing it in the top 52.3%.
Is Vate Technology's Cyclically Adjusted PS Ratio too high?
Vate Technology's current Cyclically Adjusted PS Ratio of 3.29 is 37% below median its 10-year median of 5.19. Over the past 10 years, this metric has ranged from a low of 2.36 to a high of 13.12. The Semiconductors industry median Cyclically Adjusted PS Ratio is 3.01. Vate Technology's value of 3.29 is 9.3% above this industry median. Based on the distribution chart, Vate Technology ranks #382 out of 731 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Vate Technology has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vate Technology's Cyclically Adjusted PS Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Vate Technology ranks #382 out of 731 companies for Cyclically Adjusted PS Ratio. This places Vate Technology in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.01. Vate Technology's value of 3.29 is 9.3% above this benchmark. Historically, Vate Technology's own Cyclically Adjusted PS Ratio has ranged from 2.36 to 13.12 over the past decade. While the company's 10-year median is 5.19 vs. the industry median of 3.01, Vate 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 Semiconductors company?
The median Cyclically Adjusted PS Ratio among Semiconductors companies is 3.01, based on 731 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. Vate Technology's current Cyclically Adjusted PS Ratio of 3.29 is 9.3% 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 Vate Technology and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 3.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vate Technology's current Cyclically Adjusted PS Ratio is 3.29, which is 37% below median its own 10-year median of 5.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vate Technology stock overvalued right now?
Based on GuruFocus' analysis, Vate Technology (ROCO:5344) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$18.85, compared to a current price of NT$13.80 — trading 26.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.29, which is 37% below median its 10-year median of 5.19 and 9.3% above the Semiconductors industry median of 3.01. Vate Technology's overall GF Score™ is 63/100 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 Vate Technology (ROCO:5344), the current Cyclically Adjusted PS Ratio is 3.29 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 Vate Technology (ROCO:5344) Overvalued in 2026?

Based on GuruFocus' analysis, Vate Technology stock appears to be undervalued. The current stock price of NT$13.80 is trading 26.8% below its estimated GF Value™ of NT$18.85. GuruFocus considers Vate Technology to be Modestly Undervalued.

Key valuation signals for ROCO:5344:

  • Cyclically Adjusted PS Ratio: 3.29 (37% below median its 10-year median of 5.19)
  • GF Value™: NT$18.85 vs. price of NT$13.80 (26.8% below fair value)
  • GF Score™: 63/100 with 1 warning sign
  • Industry Position: 9.3% above the Semiconductors median (#382 of 731)

No single metric tells the full story. See the ROCO:5344 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vate Technology Business Description

Address No. 9, Lixing 5th Road, Science-Based Industrial Park, Hsinchu, TWN
Vate Technology Corp Ltd is engaged in providing integrated circuit chip testing services and the trading of lighting equipment and fixtures. The company's services include CP testing service, FT Testing Service, SLT Testing Service, CIS Testing Service, and Back End Service. It operates in single segment of testing and processing of electronic components and the sales of lighting fixtures, using testing equipment to provide IC and wafer testing services and LED lighting fixture sales and installation services. Geographically it operates in Taiwan.
63GF Score

Get the complete analysis for ROCO:5344

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

NT$13.80
Price
NT$18.85
GF Value