Grandtech C.G.System (ROCO:6123) Cyclically Adjusted PS Ratio: 0.42 (As of Aug. 14, 2026) — 26% Below Median

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ROCO:6123 Grandtech C.G.System Inc ROCO:6123
74 GF Score
Price NT$43.55
GF Value NT$56.34
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Grandtech C.G.System Cyclically Adjusted PS Ratio?

Grandtech C.G.System ROCO:6123 -0.46% 74 Cyclically Adjusted PS Ratio is 0.42 as of Aug. 14, 2026, which is 26% below its 10-year median of 0.57. GuruFocus rates ROCO:6123 with a GF Score™ of 74/100 and a GF Value™ of NT$56.34 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,976 Hardware companies, Grandtech C.G.System ranks better than 78.34% on this metric.

As of today (2026-08-14), Grandtech C.G.System's current share price is NT$43.55. Grandtech C.G.System's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$102.61. Grandtech C.G.System's Cyclically Adjusted PS Ratio for today is 0.42.

The historical rank and industry rank for Grandtech C.G.System's Cyclically Adjusted PS Ratio or its related term are showing as below:

ROCO:6123' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.57   Max: 0.79
Current: 0.41

During the past years, Grandtech C.G.System's highest Cyclically Adjusted PS Ratio was 0.79. The lowest was 0.41. And the median was 0.57.

ROCO:6123's Cyclically Adjusted PS Ratio is ranked better than
78.34% of 1976 companies
in the Hardware industry
Industry Median: 1.39 vs ROCO:6123: 0.41

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.

Grandtech C.G.System's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$18.801. 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$102.61 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grandtech C.G.System  (ROCO:6123) 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.


Grandtech C.G.System Cyclically Adjusted PS Ratio Related Terms


Grandtech C.G.System Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Grandtech C.G.System'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.

Grandtech C.G.System Cyclically Adjusted PS Ratio Chart

Grandtech C.G.System 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 0.56 0.57 0.69 0.56 0.47

Grandtech C.G.System 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 0.56 0.54 0.53 0.47 0.41

ROCO:6123 vs SNX, ARW, AVT: Cyclically Adjusted PS Ratio Comparison

For the Electronics & Computer Distribution subindustry, Grandtech C.G.System'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.


Grandtech C.G.System Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Grandtech C.G.System's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Grandtech C.G.System's Cyclically Adjusted PS Ratio falls into.


ROCO:6123
74GF Score
Grandtech C.G.System Inc ROCO:6123
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grandtech C.G.System 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.

Grandtech C.G.System's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=43.55/102.61
=0.42

* 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.

Grandtech C.G.System's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Grandtech C.G.System'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)
=18.801/330.2130*330.2130
=18.801

Current CPI (Mar. 2026) = 330.2130.

Grandtech C.G.System Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 20.312 241.018 27.829
201609 23.749 241.428 32.483
201612 24.851 241.432 33.989
201703 18.766 243.801 25.417
201706 14.709 244.955 19.829
201709 19.638 246.819 26.273
201712 17.636 246.524 23.623
201803 14.437 249.554 19.103
201806 14.910 251.989 19.538
201809 29.913 252.439 39.129
201812 28.942 251.233 38.040
201903 18.394 254.202 23.894
201906 18.736 256.143 24.154
201909 26.568 256.759 34.169
201912 27.265 256.974 35.036
202003 17.324 258.115 22.163
202006 17.790 257.797 22.787
202009 24.620 260.280 31.235
202012 27.746 260.474 35.175
202103 25.929 264.877 32.325
202106 21.744 271.696 26.427
202109 19.958 274.310 24.025
202112 17.997 278.802 21.316
202203 20.114 287.504 23.102
202206 21.337 296.311 23.778
202209 26.669 296.808 29.671
202212 22.750 296.797 25.311
202303 19.889 301.836 21.759
202306 19.071 305.109 20.640
202309 24.210 307.789 25.974
202312 20.623 306.746 22.201
202403 20.954 312.332 22.154
202406 20.655 314.175 21.709
202409 26.082 315.301 27.316
202412 21.312 315.605 22.298
202503 20.478 319.799 21.145
202506 18.699 322.561 19.143
202509 23.525 324.800 23.917
202512 18.815 324.054 19.173
202603 18.801 330.213 18.801

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 0.42 mean?
Grandtech C.G.System (ROCO:6123) has a Cyclically Adjusted PS Ratio of 0.42 as of Aug. 14, 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 Grandtech C.G.System and its competitors. This is 26% below median its historical median of 0.57. Over the past decade, Grandtech C.G.System's Cyclically Adjusted PS Ratio has ranged from 0.41 to 0.79. According to the industry distribution chart, Grandtech C.G.System ranks #428 out of 1976 companies in the Hardware industry, placing it in the top 21.7%.
Is Grandtech C.G.System's Cyclically Adjusted PS Ratio too high?
Grandtech C.G.System's current Cyclically Adjusted PS Ratio of 0.42 is 26% below median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 0.79. The Hardware industry median Cyclically Adjusted PS Ratio is 1.39. Grandtech C.G.System's value of 0.42 is 69.8% below this industry median. Based on the distribution chart, Grandtech C.G.System ranks #428 out of 1976 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Grandtech C.G.System has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grandtech C.G.System's Cyclically Adjusted PS Ratio compare to SNX and ARW?
According to the Hardware industry distribution chart, Grandtech C.G.System ranks #428 out of 1976 companies for Cyclically Adjusted PS Ratio. This places Grandtech C.G.System in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.39. Grandtech C.G.System's value of 0.42 is 69.8% below this benchmark. Historically, Grandtech C.G.System's own Cyclically Adjusted PS Ratio has ranged from 0.41 to 0.79 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 1.39, Grandtech C.G.System has consistently been below 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 1,976 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. Grandtech C.G.System's current Cyclically Adjusted PS Ratio of 0.42 is 69.8% below 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 Grandtech C.G.System 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. Grandtech C.G.System's current Cyclically Adjusted PS Ratio is 0.42, which is 26% below median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grandtech C.G.System stock overvalued right now?
Based on GuruFocus' analysis, Grandtech C.G.System (ROCO:6123) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$56.34, compared to a current price of NT$43.55 — trading 22.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.42, which is 26% below median its 10-year median of 0.57 and 69.8% below the Hardware industry median of 1.39. Grandtech C.G.System's overall GF Score™ is 74/100 with 6 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 Grandtech C.G.System (ROCO:6123), the current Cyclically Adjusted PS Ratio is 0.42 as of Aug. 14, 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 Grandtech C.G.System (ROCO:6123) Overvalued in 2026?

Based on GuruFocus' analysis, Grandtech C.G.System stock appears to be undervalued. The current stock price of NT$43.55 is trading 22.7% below its estimated GF Value™ of NT$56.34. GuruFocus considers Grandtech C.G.System to be Modestly Undervalued.

Key valuation signals for ROCO:6123:

  • Cyclically Adjusted PS Ratio: 0.42 (26% below median its 10-year median of 0.57)
  • GF Value™: NT$56.34 vs. price of NT$43.55 (22.7% below fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 69.8% below the Hardware median (#428 of 1976)

No single metric tells the full story. See the ROCO:6123 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grandtech C.G.System Business Description

Address No. 33, Lane 76, Ruiguang Road, 3rd Floor, Neihu District, Taipei, TWN, 114
Grandtech C.G.System Inc engages in the wholesale of books, publishing, the wholesale of computer software, other services (sales agent for computer programming), other consulting services (analysis and planning consulting services of computer management information and automatic systems), and data processing services. The group has two reportable segments: the Taiwan region and the Hong Kong and Macao regions. The main business and products in each region are wholesale of office machinery and equipment, retail sales, and wholesale and retail of information software.
74GF Score

Get the complete analysis for ROCO:6123

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

NT$43.55
Price
NT$56.34
GF Value