Cheng Fwa Industrial Co (ROCO:5426) Cyclically Adjusted PS Ratio: 2.00 (As of Aug. 18, 2026) — 104% Above Median

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ROCO:5426 Cheng Fwa Industrial Co Ltd ROCO:5426
58 GF Score
Price NT$27.75
GF Value NT$28.43
Valuation Fairly Valued
! 3 Warning Signs
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What is Cheng Fwa Industrial Co Cyclically Adjusted PS Ratio?

Cheng Fwa Industrial Co ROCO:5426 -0.89% 58 Cyclically Adjusted PS Ratio is 2.00 as of Aug. 18, 2026, which is 104% above its 10-year median of 0.98. GuruFocus rates ROCO:5426 with a GF Score™ of 58/100 and a GF Value™ of NT$28.43 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,287 Industrial Products companies, Cheng Fwa Industrial Co ranks worse than 53.21% on this metric.

As of today (2026-08-18), Cheng Fwa Industrial Co's current share price is NT$27.75. Cheng Fwa Industrial Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was NT$13.86. Cheng Fwa Industrial Co's Cyclically Adjusted PS Ratio for today is 2.00.

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

ROCO:5426' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.7   Med: 0.98   Max: 3.04
Current: 2

During the past years, Cheng Fwa Industrial Co's highest Cyclically Adjusted PS Ratio was 3.04. The lowest was 0.70. And the median was 0.98.

ROCO:5426's Cyclically Adjusted PS Ratio is ranked worse than
53.21% of 2287 companies
in the Industrial Products industry
Industry Median: 1.83 vs ROCO:5426: 2.00

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.

Cheng Fwa Industrial Co's adjusted revenue per share data for the three months ended in Jun. 2026 was NT$3.492. 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$13.86 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cheng Fwa Industrial Co  (ROCO:5426) 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.


Cheng Fwa Industrial Co Cyclically Adjusted PS Ratio Related Terms


Cheng Fwa Industrial Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Cheng Fwa 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.

Cheng Fwa Industrial Co Cyclically Adjusted PS Ratio Chart

Cheng Fwa 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 0.95 0.96 2.05 2.30 1.45

Cheng Fwa Industrial Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.94 1.64 1.45 1.39 2.26

ROCO:5426 vs CRS, ATI, MLI: Cyclically Adjusted PS Ratio Comparison

For the Metal Fabrication subindustry, Cheng Fwa 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.


Cheng Fwa Industrial Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cheng Fwa Industrial Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ROCO:5426
58GF Score
Cheng Fwa Industrial Co Ltd ROCO:5426
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cheng Fwa 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.

Cheng Fwa Industrial Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.75/13.86
=2.00

* 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.

Cheng Fwa Industrial Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Cheng Fwa Industrial Co's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3.492/333.9520*333.9520
=3.492

Current CPI (Jun. 2026) = 333.9520.

Cheng Fwa Industrial Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.185 241.428 4.406
201612 2.964 241.432 4.100
201703 2.637 243.801 3.612
201706 3.322 244.955 4.529
201709 2.996 246.819 4.054
201712 2.450 246.524 3.319
201803 3.127 249.554 4.185
201806 3.328 251.989 4.410
201809 2.587 252.439 3.422
201812 3.438 251.233 4.570
201903 2.146 254.202 2.819
201906 2.177 256.143 2.838
201909 2.894 256.759 3.764
201912 2.581 256.974 3.354
202003 2.042 258.115 2.642
202006 3.334 257.797 4.319
202009 2.876 260.280 3.690
202012 2.418 260.474 3.100
202103 2.557 264.877 3.224
202106 2.908 271.696 3.574
202109 2.860 274.310 3.482
202112 2.964 278.802 3.550
202203 2.920 287.504 3.392
202206 3.685 296.311 4.153
202209 3.960 296.808 4.456
202212 3.722 296.797 4.188
202303 2.608 301.836 2.885
202306 2.343 305.109 2.564
202309 2.548 307.789 2.765
202312 2.281 306.746 2.483
202403 2.071 312.332 2.214
202406 2.453 314.175 2.607
202409 2.574 315.301 2.726
202412 3.395 315.605 3.592
202503 3.282 319.799 3.427
202506 2.925 322.561 3.028
202509 3.028 324.800 3.113
202512 2.997 324.054 3.089
202603 3.409 330.213 3.448
202606 3.492 333.952 3.492

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 2.00 mean?
Cheng Fwa Industrial Co (ROCO:5426) has a Cyclically Adjusted PS Ratio of 2.00 as of Aug. 18, 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 Cheng Fwa Industrial Co and its competitors. This is 104% above median its historical median of 0.98. Over the past decade, Cheng Fwa Industrial Co's Cyclically Adjusted PS Ratio has ranged from 0.70 to 3.04. According to the industry distribution chart, Cheng Fwa Industrial Co ranks #1217 out of 2287 companies in the Industrial Products industry, placing it in the top 53.2%.
Is Cheng Fwa Industrial Co's Cyclically Adjusted PS Ratio too high?
Cheng Fwa Industrial Co's current Cyclically Adjusted PS Ratio of 2.00 is 104% above median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 3.04. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.83. Cheng Fwa Industrial Co's value of 2.00 is 9.3% above this industry median. Based on the distribution chart, Cheng Fwa Industrial Co ranks #1217 out of 2287 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Cheng Fwa Industrial Co has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cheng Fwa Industrial Co's Cyclically Adjusted PS Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Cheng Fwa Industrial Co ranks #1217 out of 2287 companies for Cyclically Adjusted PS Ratio. This places Cheng Fwa Industrial Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.83. Cheng Fwa Industrial Co's value of 2.00 is 9.3% above this benchmark. Historically, Cheng Fwa Industrial Co's own Cyclically Adjusted PS Ratio has ranged from 0.70 to 3.04 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 1.83, Cheng Fwa Industrial Co 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.83, based on 2,287 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. Cheng Fwa Industrial Co's current Cyclically Adjusted PS Ratio of 2.00 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 Cheng Fwa Industrial Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cheng Fwa Industrial Co's current Cyclically Adjusted PS Ratio is 2.00, which is 104% above median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheng Fwa Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Cheng Fwa Industrial Co (ROCO:5426) is currently considered Fairly Valued. The stock's GF Value™ is NT$28.43, compared to a current price of NT$27.75 — trading 2.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.00, which is 104% above median its 10-year median of 0.98 and 9.3% above the Industrial Products industry median of 1.83. Cheng Fwa Industrial Co's overall GF Score™ is 58/100 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 Cheng Fwa Industrial Co (ROCO:5426), the current Cyclically Adjusted PS Ratio is 2.00 as of Aug. 18, 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 Cheng Fwa Industrial Co (ROCO:5426) Overvalued in 2026?

Based on GuruFocus' analysis, Cheng Fwa Industrial Co stock appears to be undervalued. The current stock price of NT$27.75 is trading 2.4% below its estimated GF Value™ of NT$28.43. GuruFocus considers Cheng Fwa Industrial Co to be Fairly Valued.

Key valuation signals for ROCO:5426:

  • Cyclically Adjusted PS Ratio: 2.00 (104% above median its 10-year median of 0.98)
  • GF Value™: NT$28.43 vs. price of NT$27.75 (2.4% below fair value)
  • GF Score™: 58/100 with 3 warning signs
  • Industry Position: 9.3% above the Industrial Products median (#1217 of 2287)

No single metric tells the full story. See the ROCO:5426 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cheng Fwa Industrial Co Business Description

Address Guangfu Road, Section 2, No. 25, Sanchong District, New Taipei City, TWN, 241
Cheng Fwa Industrial Co Ltd manufactures and supplies precision-stamped metal parts for the computer, telecommunication, networking, and electronic industries. Its products include computer casings and related components, precision stampings, server-side rails, and plastic injection molding solutions, among others. Their core services comprise the following main areas: design and engineering, rapid prototyping, tooling development, precision metal stamping, finishing processing, and plastic injection. Geographically, the Group generates maximum revenue from America, followed by Taiwan, Asia, and other regions.
58GF Score

Get the complete analysis for ROCO:5426

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

NT$27.75
Price
NT$28.43
GF Value