Tul (ROCO:6150) Cyclically Adjusted PS Ratio: 0.42 (As of Aug. 13, 2026) — 31% Below Median

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ROCO:6150 Tul Corp ROCO:6150
59 GF Score
Price NT$60.50
GF Value NT$107.24
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Tul Cyclically Adjusted PS Ratio?

Tul ROCO:6150 +2.20% 59 Cyclically Adjusted PS Ratio is 0.42 as of Aug. 13, 2026, which is 31% below its 10-year median of 0.61. GuruFocus rates ROCO:6150 with a GF Score™ of 59/100 and a GF Value™ of NT$107.24 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,977 Hardware companies, Tul ranks better than 78.86% on this metric.

As of today (2026-08-13), Tul's current share price is NT$60.50. Tul's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$144.66. Tul's Cyclically Adjusted PS Ratio for today is 0.42.

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

ROCO:6150' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.61   Max: 2.49
Current: 0.4

During the past years, Tul's highest Cyclically Adjusted PS Ratio was 2.49. The lowest was 0.33. And the median was 0.61.

ROCO:6150's Cyclically Adjusted PS Ratio is ranked better than
78.86% of 1977 companies
in the Hardware industry
Industry Median: 1.39 vs ROCO:6150: 0.40

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.

Tul's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$32.376. 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$144.66 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tul  (ROCO:6150) 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.


Tul Cyclically Adjusted PS Ratio Related Terms


Tul Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tul'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.

Tul Cyclically Adjusted PS Ratio Chart

Tul 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 1.61 0.58 0.72 0.55 0.46

Tul 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 0.49 0.50 0.60 0.46 0.38

ROCO:6150 vs SNX, ARW, AVT: Cyclically Adjusted PS Ratio Comparison

For the Electronics & Computer Distribution subindustry, Tul'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.


Tul Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


ROCO:6150
59GF Score
Tul Corp ROCO:6150
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tul 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.

Tul's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=60.50/144.66
=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.

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

For example, Tul'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)
=32.376/330.2130*330.2130
=32.376

Current CPI (Mar. 2026) = 330.2130.

Tul Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 11.128 241.018 15.246
201609 20.161 241.428 27.575
201612 20.981 241.432 28.696
201703 14.339 243.801 19.421
201706 28.921 244.955 38.987
201709 42.502 246.819 56.862
201712 50.423 246.524 67.540
201803 89.573 249.554 118.524
201806 37.024 251.989 48.517
201809 13.963 252.439 18.265
201812 11.113 251.233 14.607
201903 16.758 254.202 21.769
201906 23.665 256.143 30.508
201909 25.438 256.759 32.715
201912 25.372 256.974 32.603
202003 17.399 258.115 22.259
202006 22.761 257.797 29.155
202009 27.663 260.280 35.096
202012 28.606 260.474 36.265
202103 30.631 264.877 38.187
202106 44.678 271.696 54.301
202109 42.976 274.310 51.734
202112 70.216 278.802 83.164
202203 45.642 287.504 52.422
202206 19.447 296.311 21.672
202209 12.029 296.808 13.383
202212 24.684 296.797 27.463
202303 27.204 301.836 29.762
202306 21.713 305.109 23.500
202309 26.001 307.789 27.895
202312 36.882 306.746 39.704
202403 27.254 312.332 28.814
202406 22.412 314.175 23.556
202409 16.622 315.301 17.408
202412 30.899 315.605 32.329
202503 34.661 319.799 35.790
202506 42.482 322.561 43.490
202509 38.445 324.800 39.086
202512 35.307 324.054 35.978
202603 32.376 330.213 32.376

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?
Tul (ROCO:6150) has a Cyclically Adjusted PS Ratio of 0.42 as of Aug. 13, 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 Tul and its competitors. This is 31% below median its historical median of 0.61. Over the past decade, Tul's Cyclically Adjusted PS Ratio has ranged from 0.33 to 2.49. According to the industry distribution chart, Tul ranks #418 out of 1977 companies in the Hardware industry, placing it in the top 21.1%.
Is Tul's Cyclically Adjusted PS Ratio too high?
Tul's current Cyclically Adjusted PS Ratio of 0.42 is 31% below median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 2.49. The Hardware industry median Cyclically Adjusted PS Ratio is 1.39. Tul's value of 0.42 is 69.8% below this industry median. Based on the distribution chart, Tul ranks #418 out of 1977 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Tul has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tul's Cyclically Adjusted PS Ratio compare to SNX and ARW?
According to the Hardware industry distribution chart, Tul ranks #418 out of 1977 companies for Cyclically Adjusted PS Ratio. This places Tul in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.39. Tul's value of 0.42 is 69.8% below this benchmark. Historically, Tul's own Cyclically Adjusted PS Ratio has ranged from 0.33 to 2.49 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 1.39, Tul 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 1,977 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. Tul'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 Tul 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. Tul's current Cyclically Adjusted PS Ratio is 0.42, which is 31% below median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tul stock overvalued right now?
Based on GuruFocus' analysis, Tul (ROCO:6150) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$107.24, compared to a current price of NT$60.50 — trading 43.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.42, which is 31% below median its 10-year median of 0.61 and 69.8% below the Hardware industry median of 1.39. Tul's overall GF Score™ is 59/100 with 4 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 Tul (ROCO:6150), the current Cyclically Adjusted PS Ratio is 0.42 as of Aug. 13, 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 Tul (ROCO:6150) Overvalued in 2026?

Based on GuruFocus' analysis, Tul stock appears to be undervalued. The current stock price of NT$60.50 is trading 43.6% below its estimated GF Value™ of NT$107.24. GuruFocus considers Tul to be Significantly Undervalued.

Key valuation signals for ROCO:6150:

  • Cyclically Adjusted PS Ratio: 0.42 (31% below median its 10-year median of 0.61)
  • GF Value™: NT$107.24 vs. price of NT$60.50 (43.6% below fair value)
  • GF Score™: 59/100 with 4 warning signs
  • Industry Position: 69.8% below the Hardware median (#418 of 1977)

No single metric tells the full story. See the ROCO:6150 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tul Business Description

Address Section 1, Xintai 5th Road, 7th Floor, No. 79, Unit 7, Xizhi District, New Taipei City, TWN, 221
Tul Corp is engaged in the production and sale of computer display cards and software products in Taiwan. The company offers gaming and embedded graphics cards, SoC-based motherboards and systems, FPGA products, and customized products and services. The reportable departments of the consolidated company are as follows: Display card manufacturing and sales business, Construction engineering business, and Other businesses. The majority of revenue is derived from the Display card manufacturing and sales business.
59GF Score

Get the complete analysis for ROCO:6150

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

NT$60.50
Price
NT$107.24
GF Value