Shin Ruenn Development Co (ROCO:6186) Cyclically Adjusted PS Ratio: 1.18 (As of Aug. 15, 2026) — 22% Below Median

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ROCO:6186 Shin Ruenn Development Co Ltd ROCO:6186
67 GF Score
Price NT$33.25
GF Value NT$89.63
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Shin Ruenn Development Co Cyclically Adjusted PS Ratio?

Shin Ruenn Development Co ROCO:6186 -1.92% 67 Cyclically Adjusted PS Ratio is 1.18 as of Aug. 15, 2026, which is 22% below its 10-year median of 1.52. GuruFocus rates ROCO:6186 with a GF Score™ of 67/100 and a GF Value™ of NT$89.63 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,368 Real Estate companies, Shin Ruenn Development Co ranks better than 60.45% on this metric.

As of today (2026-08-15), Shin Ruenn Development Co's current share price is NT$33.25. Shin Ruenn Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$28.16. Shin Ruenn Development Co's Cyclically Adjusted PS Ratio for today is 1.18.

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

ROCO:6186' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.52   Max: 4.4
Current: 1.2

During the past years, Shin Ruenn Development Co's highest Cyclically Adjusted PS Ratio was 4.40. The lowest was 0.97. And the median was 1.52.

ROCO:6186's Cyclically Adjusted PS Ratio is ranked better than
60.45% of 1368 companies
in the Real Estate industry
Industry Median: 1.79 vs ROCO:6186: 1.20

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.

Shin Ruenn Development Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$17.039. 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$28.16 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shin Ruenn Development Co  (ROCO:6186) 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.


Shin Ruenn Development Co Cyclically Adjusted PS Ratio Related Terms


Shin Ruenn Development Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shin Ruenn Development 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.

Shin Ruenn Development Co Cyclically Adjusted PS Ratio Chart

Shin Ruenn Development 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 1.06 1.33 2.30 2.46 2.14

Shin Ruenn Development Co 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 2.51 2.05 2.29 2.14 1.36

Shin Ruenn Development Co Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Development subindustry, Shin Ruenn Development 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.


Shin Ruenn Development Co Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Shin Ruenn Development Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shin Ruenn Development Co's Cyclically Adjusted PS Ratio falls into.


ROCO:6186
67GF Score
Shin Ruenn Development Co Ltd ROCO:6186
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shin Ruenn Development 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.

Shin Ruenn Development Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=33.25/28.16
=1.18

* 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.

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

For example, Shin Ruenn Development Co'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)
=17.039/330.2130*330.2130
=17.039

Current CPI (Mar. 2026) = 330.2130.

Shin Ruenn Development Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.001 241.018 2.742
201609 11.128 241.428 15.220
201612 6.183 241.432 8.457
201703 2.887 243.801 3.910
201706 2.188 244.955 2.950
201709 0.985 246.819 1.318
201712 5.104 246.524 6.837
201803 1.263 249.554 1.671
201806 0.746 251.989 0.978
201809 2.417 252.439 3.162
201812 5.472 251.233 7.192
201903 1.057 254.202 1.373
201906 1.258 256.143 1.622
201909 0.289 256.759 0.372
201912 17.686 256.974 22.727
202003 8.035 258.115 10.279
202006 1.955 257.797 2.504
202009 0.608 260.280 0.771
202012 8.563 260.474 10.856
202103 10.905 264.877 13.595
202106 10.875 271.696 13.217
202109 0.426 274.310 0.513
202112 0.019 278.802 0.023
202203 0.008 287.504 0.009
202206 0.006 296.311 0.007
202209 0.094 296.808 0.105
202212 12.388 296.797 13.783
202303 1.594 301.836 1.744
202306 1.088 305.109 1.178
202309 2.645 307.789 2.838
202312 13.312 306.746 14.330
202403 4.954 312.332 5.238
202406 12.066 314.175 12.682
202409 6.750 315.301 7.069
202412 22.807 315.605 23.863
202503 11.484 319.799 11.858
202506 18.764 322.561 19.209
202509 16.439 324.800 16.713
202512 1.604 324.054 1.634
202603 17.039 330.213 17.039

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 1.18 mean?
Shin Ruenn Development Co (ROCO:6186) has a Cyclically Adjusted PS Ratio of 1.18 as of Aug. 15, 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 Shin Ruenn Development Co and its competitors. This is 22% below median its historical median of 1.52. Over the past decade, Shin Ruenn Development Co's Cyclically Adjusted PS Ratio has ranged from 0.97 to 4.40. According to the industry distribution chart, Shin Ruenn Development Co ranks #541 out of 1368 companies in the Real Estate industry, placing it in the top 39.5%.
Is Shin Ruenn Development Co's Cyclically Adjusted PS Ratio too high?
Shin Ruenn Development Co's current Cyclically Adjusted PS Ratio of 1.18 is 22% below median its 10-year median of 1.52. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 4.40. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.79. Shin Ruenn Development Co's value of 1.18 is 34.1% below this industry median. Based on the distribution chart, Shin Ruenn Development Co ranks #541 out of 1368 companies in the Real Estate industry, which is above the industry midpoint. Overall, Shin Ruenn Development Co has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shin Ruenn Development Co's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, Shin Ruenn Development Co ranks #541 out of 1368 companies for Cyclically Adjusted PS Ratio. This puts Shin Ruenn Development Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.79. Shin Ruenn Development Co's value of 1.18 is 34.1% below this benchmark. Historically, Shin Ruenn Development Co's own Cyclically Adjusted PS Ratio has ranged from 0.97 to 4.40 over the past decade. While the company's 10-year median is 1.52 vs. the industry median of 1.79, Shin Ruenn Development Co 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.79, based on 1,368 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. Shin Ruenn Development Co's current Cyclically Adjusted PS Ratio of 1.18 is 34.1% 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 Shin Ruenn Development Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin Ruenn Development Co's current Cyclically Adjusted PS Ratio is 1.18, which is 22% below median its own 10-year median of 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Ruenn Development Co stock overvalued right now?
Based on GuruFocus' analysis, Shin Ruenn Development Co (ROCO:6186) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$89.63, compared to a current price of NT$33.25 — trading 62.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.18, which is 22% below median its 10-year median of 1.52 and 34.1% below the Real Estate industry median of 1.79. Shin Ruenn Development Co's overall GF Score™ is 67/100 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 Shin Ruenn Development Co (ROCO:6186), the current Cyclically Adjusted PS Ratio is 1.18 as of Aug. 15, 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 Shin Ruenn Development Co (ROCO:6186) Overvalued in 2026?

Based on GuruFocus' analysis, Shin Ruenn Development Co stock appears to be undervalued. The current stock price of NT$33.25 is trading 62.9% below its estimated GF Value™ of NT$89.63. GuruFocus considers Shin Ruenn Development Co to be Significantly Undervalued.

Key valuation signals for ROCO:6186:

  • Cyclically Adjusted PS Ratio: 1.18 (22% below median its 10-year median of 1.52)
  • GF Value™: NT$89.63 vs. price of NT$33.25 (62.9% below fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 34.1% below the Real Estate median (#541 of 1368)

No single metric tells the full story. See the ROCO:6186 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin Ruenn Development Co Business Description

Address No. 109, Section 3, Minsheng East Road, 8th Floor, Songshan District, Taiepi, TWN, 105
Shin Ruenn Development Co Ltd is engaged in the housing and building development and rental, real estate business, and real estate leasing.
67GF Score

Get the complete analysis for ROCO:6186

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

NT$33.25
Price
NT$89.63
GF Value