Spectrum Electrics (ROCO:5381) Cyclically Adjusted PS Ratio: 4.31 (As of Aug. 12, 2026) — 119% Above Median

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ROCO:5381 Spectrum Electrics Corp ROCO:5381
69 GF Score
Price NT$24.25
GF Value NT$34.37
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Spectrum Electrics Cyclically Adjusted PS Ratio?

Spectrum Electrics ROCO:5381 -1.62% 69 Cyclically Adjusted PS Ratio is 4.31 as of Aug. 12, 2026, which is 119% above its 10-year median of 1.97. GuruFocus rates ROCO:5381 with a GF Score™ of 69/100 and a GF Value™ of NT$34.37 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 1,978 Hardware companies, Spectrum Electrics ranks worse than 77.65% on this metric.

As of today (2026-08-12), Spectrum Electrics's current share price is NT$24.25. Spectrum Electrics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$5.63. Spectrum Electrics's Cyclically Adjusted PS Ratio for today is 4.31.

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

ROCO:5381' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 1.97   Max: 9.73
Current: 4.25

During the past years, Spectrum Electrics's highest Cyclically Adjusted PS Ratio was 9.73. The lowest was 0.28. And the median was 1.97.

ROCO:5381's Cyclically Adjusted PS Ratio is ranked worse than
77.65% of 1978 companies
in the Hardware industry
Industry Median: 1.39 vs ROCO:5381: 4.25

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.

Spectrum Electrics's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$2.605. 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$5.63 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Spectrum Electrics  (ROCO:5381) 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.


Spectrum Electrics Cyclically Adjusted PS Ratio Related Terms


Spectrum Electrics Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Spectrum Electrics'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.

Spectrum Electrics Cyclically Adjusted PS Ratio Chart

Spectrum Electrics 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 1.23 1.38 7.03 5.51 5.32

Spectrum Electrics 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 4.48 4.49 5.15 5.32 4.70

ROCO:5381 vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Spectrum Electrics'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.


Spectrum Electrics Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


ROCO:5381
69GF Score
Spectrum Electrics Corp ROCO:5381
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Spectrum Electrics 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.

Spectrum Electrics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=24.25/5.63
=4.31

* 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.

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

For example, Spectrum Electrics'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)
=2.605/330.2130*330.2130
=2.605

Current CPI (Mar. 2026) = 330.2130.

Spectrum Electrics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.705 241.018 0.966
201609 0.598 241.428 0.818
201612 0.595 241.432 0.814
201703 1.564 243.801 2.118
201706 0.377 244.955 0.508
201709 0.455 246.819 0.609
201712 0.715 246.524 0.958
201803 0.645 249.554 0.853
201806 0.738 251.989 0.967
201809 0.616 252.439 0.806
201812 0.675 251.233 0.887
201903 0.548 254.202 0.712
201906 0.714 256.143 0.920
201909 0.600 256.759 0.772
201912 0.640 256.974 0.822
202003 0.614 258.115 0.786
202006 0.490 257.797 0.628
202009 0.514 260.280 0.652
202012 0.610 260.474 0.773
202103 0.686 264.877 0.855
202106 0.770 271.696 0.936
202109 0.523 274.310 0.630
202112 0.651 278.802 0.771
202203 0.525 287.504 0.603
202206 0.501 296.311 0.558
202209 0.546 296.808 0.607
202212 0.528 296.797 0.587
202303 1.273 301.836 1.393
202306 3.003 305.109 3.250
202309 1.109 307.789 1.190
202312 1.553 306.746 1.672
202403 4.156 312.332 4.394
202406 2.527 314.175 2.656
202409 3.176 315.301 3.326
202412 2.774 315.605 2.902
202503 3.291 319.799 3.398
202506 2.100 322.561 2.150
202509 2.866 324.800 2.914
202512 2.460 324.054 2.507
202603 2.605 330.213 2.605

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 4.31 mean?
Spectrum Electrics (ROCO:5381) has a Cyclically Adjusted PS Ratio of 4.31 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 Spectrum Electrics and its competitors. This is 119% above median its historical median of 1.97. Over the past decade, Spectrum Electrics' Cyclically Adjusted PS Ratio has ranged from 0.28 to 9.73. According to the industry distribution chart, Spectrum Electrics ranks #1536 out of 1978 companies in the Hardware industry, placing it in the top 77.7%.
Is Spectrum Electrics' Cyclically Adjusted PS Ratio too high?
Spectrum Electrics' current Cyclically Adjusted PS Ratio of 4.31 is 119% above median its 10-year median of 1.97. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 9.73. The Hardware industry median Cyclically Adjusted PS Ratio is 1.39. Spectrum Electrics' value of 4.31 is 210.1% above this industry median. Based on the distribution chart, Spectrum Electrics ranks #1536 out of 1978 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Spectrum Electrics has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spectrum Electrics' Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Spectrum Electrics ranks #1536 out of 1978 companies for Cyclically Adjusted PS Ratio. This places Spectrum Electrics in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.39. Spectrum Electrics' value of 4.31 is 210.1% above this benchmark. Historically, Spectrum Electrics' own Cyclically Adjusted PS Ratio has ranged from 0.28 to 9.73 over the past decade. While the company's 10-year median is 1.97 vs. the industry median of 1.39, Spectrum Electrics 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 1,978 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. Spectrum Electrics's current Cyclically Adjusted PS Ratio of 4.31 is 210.1% 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 Spectrum Electrics 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. Spectrum Electrics's current Cyclically Adjusted PS Ratio is 4.31, which is 119% above median its own 10-year median of 1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spectrum Electrics stock overvalued right now?
Based on GuruFocus' analysis, Spectrum Electrics (ROCO:5381) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$34.37, compared to a current price of NT$24.25 — trading 29.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.31, which is 119% above median its 10-year median of 1.97 and 210.1% above the Hardware industry median of 1.39. Spectrum Electrics' overall GF Score™ is 69/100 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 Spectrum Electrics (ROCO:5381), the current Cyclically Adjusted PS Ratio is 4.31 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 Spectrum Electrics (ROCO:5381) Overvalued in 2026?

Based on GuruFocus' analysis, Spectrum Electrics stock appears to be undervalued. The current stock price of NT$24.25 is trading 29.4% below its estimated GF Value™ of NT$34.37. GuruFocus considers Spectrum Electrics to be Modestly Undervalued.

Key valuation signals for ROCO:5381:

  • Cyclically Adjusted PS Ratio: 4.31 (119% above median its 10-year median of 1.97)
  • GF Value™: NT$34.37 vs. price of NT$24.25 (29.4% below fair value)
  • GF Score™: 69/100 with 9 warning signs
  • Industry Position: 210.1% above the Hardware median (#1536 of 1978)

No single metric tells the full story. See the ROCO:5381 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Spectrum Electrics Business Description

Address No. 38-1, Dongyuan Road, Zhongli Industrial Park, Zhongli District, Taoyuan, TWN, 320
Spectrum Electrics Corp is engaged in the manufacturing, processing, research and development and sales of drilling lubricating aluminum cover plates (LAE), multilayer laminated substrates (MLB), and environmentally friendly melamine boards (drilling pads), as well as its invested businesses in beauty and skin care products.
69GF Score

Get the complete analysis for ROCO:5381

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

NT$24.25
Price
NT$34.37
GF Value