Hwacom Systems (ROCO:6163) Cyclically Adjusted PS Ratio: 0.81 (As of Sep. 10, 2026) — 93% Above Median

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ROCO:6163 Hwacom Systems Inc ROCO:6163
64 GF Score
Price NT$40.35
GF Value NT$36.72
Valuation Fairly Valued
! 6 Warning Signs
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What is Hwacom Systems Cyclically Adjusted PS Ratio?

Hwacom Systems ROCO:6163 64 Cyclically Adjusted PS Ratio is 0.81 as of Sep. 10, 2026, which is 93% above its 10-year median of 0.42. GuruFocus rates ROCO:6163 with a GF Score™ of 64/100 and a GF Value™ of NT$36.72 (Fairly Valued). The stock has 6 warning signs investors should review. Among 305 Telecommunication Services companies, Hwacom Systems ranks better than 63.28% on this metric.

As of today (2026-09-10), Hwacom Systems's current share price is NT$40.35. Hwacom Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was NT$49.72. Hwacom Systems's Cyclically Adjusted PS Ratio for today is 0.81.

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

ROCO:6163' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.42   Max: 1.5
Current: 0.83

During the past years, Hwacom Systems's highest Cyclically Adjusted PS Ratio was 1.50. The lowest was 0.26. And the median was 0.42.

ROCO:6163's Cyclically Adjusted PS Ratio is ranked better than
63.28% of 305 companies
in the Telecommunication Services industry
Industry Median: 1.16 vs ROCO:6163: 0.83

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.

Hwacom Systems's adjusted revenue per share data for the three months ended in Jun. 2026 was NT$8.220. 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$49.72 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hwacom Systems  (ROCO:6163) 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.


Hwacom Systems Cyclically Adjusted PS Ratio Related Terms


Hwacom Systems Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hwacom Systems'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.

Hwacom Systems Cyclically Adjusted PS Ratio Chart

Hwacom Systems 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 0.47 0.32 0.41 0.48 1.13

Hwacom Systems 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 0.46 0.50 1.13 1.15 1.00

ROCO:6163 vs VZ, TMUS, T: Cyclically Adjusted PS Ratio Comparison

For the Telecom Services subindustry, Hwacom Systems'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.


Hwacom Systems Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Hwacom Systems's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ROCO:6163
64GF Score
Hwacom Systems Inc ROCO:6163
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hwacom Systems 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.

Hwacom Systems's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=40.35/49.72
=0.81

* 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.

Hwacom Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Hwacom Systems'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)
=8.22/333.9520*333.9520
=8.220

Current CPI (Jun. 2026) = 333.9520.

Hwacom Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 6.545 241.428 9.053
201612 16.714 241.432 23.119
201703 5.283 243.801 7.237
201706 5.849 244.955 7.974
201709 15.438 246.819 20.888
201712 11.549 246.524 15.645
201803 7.164 249.554 9.587
201806 9.642 251.989 12.778
201809 10.620 252.439 14.049
201812 14.858 251.233 19.750
201903 7.547 254.202 9.915
201906 6.944 256.143 9.053
201909 9.771 256.759 12.709
201912 15.456 256.974 20.086
202003 7.207 258.115 9.324
202006 7.022 257.797 9.096
202009 8.534 260.280 10.950
202012 14.002 260.474 17.952
202103 8.150 264.877 10.275
202106 8.674 271.696 10.662
202109 19.552 274.310 23.803
202112 10.814 278.802 12.953
202203 8.186 287.504 9.508
202206 7.328 296.311 8.259
202209 13.358 296.808 15.030
202212 14.184 296.797 15.960
202303 10.352 301.836 11.453
202306 5.349 305.109 5.855
202309 10.124 307.789 10.985
202312 11.281 306.746 12.282
202403 6.322 312.332 6.760
202406 8.904 314.175 9.464
202409 10.054 315.301 10.649
202412 14.030 315.605 14.846
202503 8.867 319.799 9.259
202506 6.865 322.561 7.107
202509 11.553 324.800 11.879
202512 15.804 324.054 16.287
202603 16.371 330.213 16.556
202606 8.220 333.952 8.220

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 0.81 mean?
Hwacom Systems (ROCO:6163) has a Cyclically Adjusted PS Ratio of 0.81 as of Sep. 10, 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 Hwacom Systems and its competitors. This is 93% above median its historical median of 0.42. Over the past decade, Hwacom Systems' Cyclically Adjusted PS Ratio has ranged from 0.26 to 1.50. According to the industry distribution chart, Hwacom Systems ranks #112 out of 305 companies in the Telecommunication Services industry, placing it in the top 36.7%.
Is Hwacom Systems' Cyclically Adjusted PS Ratio too high?
Hwacom Systems' current Cyclically Adjusted PS Ratio of 0.81 is 93% above median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 1.50. The Telecommunication Services industry median Cyclically Adjusted PS Ratio is 1.16. Hwacom Systems' value of 0.81 is 30.2% below this industry median. Based on the distribution chart, Hwacom Systems ranks #112 out of 305 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Hwacom Systems has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hwacom Systems' Cyclically Adjusted PS Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Hwacom Systems ranks #112 out of 305 companies for Cyclically Adjusted PS Ratio. This puts Hwacom Systems in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.16. Hwacom Systems' value of 0.81 is 30.2% below this benchmark. Historically, Hwacom Systems' own Cyclically Adjusted PS Ratio has ranged from 0.26 to 1.50 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 1.16, Hwacom Systems 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 Telecommunication Services company?
The median Cyclically Adjusted PS Ratio among Telecommunication Services companies is 1.16, based on 305 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. Hwacom Systems's current Cyclically Adjusted PS Ratio of 0.81 is 30.2% 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 Hwacom Systems and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PS Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hwacom Systems's current Cyclically Adjusted PS Ratio is 0.81, which is 93% above median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwacom Systems stock overvalued right now?
Based on GuruFocus' analysis, Hwacom Systems (ROCO:6163) is currently considered Fairly Valued. The stock's GF Value™ is NT$36.72, compared to a current price of NT$40.35 — trading 9.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.81, which is 93% above median its 10-year median of 0.42 and 30.2% below the Telecommunication Services industry median of 1.16. Hwacom Systems' overall GF Score™ is 64/100 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 Hwacom Systems (ROCO:6163), the current Cyclically Adjusted PS Ratio is 0.81 as of Sep. 10, 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 Hwacom Systems (ROCO:6163) Overvalued in 2026?

Based on GuruFocus' analysis, Hwacom Systems stock appears to be overvalued. The current stock price of NT$40.35 is trading 9.9% above its estimated GF Value™ of NT$36.72. GuruFocus considers Hwacom Systems to be Fairly Valued.

Key valuation signals for ROCO:6163:

  • Cyclically Adjusted PS Ratio: 0.81 (93% above median its 10-year median of 0.42)
  • GF Value™: NT$36.72 vs. price of NT$40.35 (9.9% above fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 30.2% below the Telecommunication Services median (#112 of 305)

No single metric tells the full story. See the ROCO:6163 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hwacom Systems Business Description

Address No. 108, Xintai 5th Road, Section 1, 11th Floor, Xizhi District, New Taipei City, TWN
Hwacom Systems Inc main business activities include telecommunication integration system services, IP broadband network services, media industry services, smart city businesses, and enterprise customer services. Its products include AgileTV, AMS - Airport Terminal Operations Management System, Arista, Ateme, and AWS. The Company is committed to providing products and services in four areas: information and communication technology, digital media, smart applications and cybersecurity.
64GF Score

Get the complete analysis for ROCO:6163

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

NT$40.35
Price
NT$36.72
GF Value