Taiwan Alpha Electronics Co (ROCO:6204) Cyclically Adjusted PS Ratio: 3.65 (As of Sep. 05, 2026) — 45% Above Median

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ROCO:6204 Taiwan Alpha Electronics Co Ltd ROCO:6204
74 GF Score
Price NT$91.60
GF Value NT$78.02
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Taiwan Alpha Electronics Co Cyclically Adjusted PS Ratio?

Taiwan Alpha Electronics Co ROCO:6204 +3.50% 74 Cyclically Adjusted PS Ratio is 3.65 as of Sep. 05, 2026, which is 45% above its 10-year median of 2.52. GuruFocus rates ROCO:6204 with a GF Score™ of 74/100 and a GF Value™ of NT$78.02 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,968 Hardware companies, Taiwan Alpha Electronics Co ranks worse than 73.42% on this metric.

As of today (2026-09-05), Taiwan Alpha Electronics Co's current share price is NT$91.60. Taiwan Alpha Electronics Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was NT$25.09. Taiwan Alpha Electronics Co's Cyclically Adjusted PS Ratio for today is 3.65.

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

ROCO:6204' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.6   Med: 2.52   Max: 5.71
Current: 3.52

During the past years, Taiwan Alpha Electronics Co's highest Cyclically Adjusted PS Ratio was 5.71. The lowest was 0.60. And the median was 2.52.

ROCO:6204's Cyclically Adjusted PS Ratio is ranked worse than
73.42% of 1968 companies
in the Hardware industry
Industry Median: 1.41 vs ROCO:6204: 3.52

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.

Taiwan Alpha Electronics Co's adjusted revenue per share data for the three months ended in Jun. 2026 was NT$5.066. 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$25.09 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Alpha Electronics Co  (ROCO:6204) 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.


Taiwan Alpha Electronics Co Cyclically Adjusted PS Ratio Related Terms


Taiwan Alpha Electronics Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Taiwan Alpha Electronics 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.

Taiwan Alpha Electronics Co Cyclically Adjusted PS Ratio Chart

Taiwan Alpha Electronics 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 2.47 2.03 4.93 2.16 3.12

Taiwan Alpha Electronics 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 2.32 2.61 3.12 2.29 4.96

ROCO:6204 vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Taiwan Alpha Electronics 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.


Taiwan Alpha Electronics Co Cyclically Adjusted PS Ratio vs Hardware Industry

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

* The bar in red indicates where Taiwan Alpha Electronics Co's Cyclically Adjusted PS Ratio falls into.


ROCO:6204
74GF Score
Taiwan Alpha Electronics Co Ltd ROCO:6204
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Alpha Electronics 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.

Taiwan Alpha Electronics Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=91.60/25.09
=3.65

* 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.

Taiwan Alpha Electronics Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Taiwan Alpha Electronics 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)
=5.066/333.9520*333.9520
=5.066

Current CPI (Jun. 2026) = 333.9520.

Taiwan Alpha Electronics Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 6.636 241.428 9.179
201612 6.147 241.432 8.503
201703 5.790 243.801 7.931
201706 7.467 244.955 10.180
201709 7.095 246.819 9.600
201712 6.336 246.524 8.583
201803 5.397 249.554 7.222
201806 7.797 251.989 10.333
201809 7.173 252.439 9.489
201812 3.583 251.233 4.763
201903 3.105 254.202 4.079
201906 5.955 256.143 7.764
201909 5.038 256.759 6.553
201912 5.142 256.974 6.682
202003 2.662 258.115 3.444
202006 5.184 257.797 6.715
202009 6.625 260.280 8.500
202012 5.540 260.474 7.103
202103 4.874 264.877 6.145
202106 7.858 271.696 9.659
202109 8.215 274.310 10.001
202112 5.950 278.802 7.127
202203 4.628 287.504 5.376
202206 4.683 296.311 5.278
202209 3.927 296.808 4.418
202212 3.721 296.797 4.187
202303 3.284 301.836 3.633
202306 3.991 305.109 4.368
202309 4.588 307.789 4.978
202312 4.506 306.746 4.906
202403 3.517 312.332 3.760
202406 4.417 314.175 4.695
202409 4.818 315.301 5.103
202412 3.909 315.605 4.136
202503 4.028 319.799 4.206
202506 4.797 322.561 4.966
202509 4.482 324.800 4.608
202512 3.524 324.054 3.632
202603 3.954 330.213 3.999
202606 5.066 333.952 5.066

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 3.65 mean?
Taiwan Alpha Electronics Co (ROCO:6204) has a Cyclically Adjusted PS Ratio of 3.65 as of Sep. 05, 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 Taiwan Alpha Electronics Co and its competitors. This is 45% above median its historical median of 2.52. Over the past decade, Taiwan Alpha Electronics Co's Cyclically Adjusted PS Ratio has ranged from 0.60 to 5.71. According to the industry distribution chart, Taiwan Alpha Electronics Co ranks #1445 out of 1968 companies in the Hardware industry, placing it in the top 73.4%.
Is Taiwan Alpha Electronics Co's Cyclically Adjusted PS Ratio too high?
Taiwan Alpha Electronics Co's current Cyclically Adjusted PS Ratio of 3.65 is 45% above median its 10-year median of 2.52. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 5.71. The Hardware industry median Cyclically Adjusted PS Ratio is 1.41. Taiwan Alpha Electronics Co's value of 3.65 is 158.9% above this industry median. Based on the distribution chart, Taiwan Alpha Electronics Co ranks #1445 out of 1968 companies in the Hardware industry, which is below the industry midpoint. Overall, Taiwan Alpha Electronics Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Alpha Electronics Co's Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Taiwan Alpha Electronics Co ranks #1445 out of 1968 companies for Cyclically Adjusted PS Ratio. This places Taiwan Alpha Electronics Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.41. Taiwan Alpha Electronics Co's value of 3.65 is 158.9% above this benchmark. Historically, Taiwan Alpha Electronics Co's own Cyclically Adjusted PS Ratio has ranged from 0.60 to 5.71 over the past decade. While the company's 10-year median is 2.52 vs. the industry median of 1.41, Taiwan Alpha Electronics 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 a Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.41, based on 1,968 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. Taiwan Alpha Electronics Co's current Cyclically Adjusted PS Ratio of 3.65 is 158.9% 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 Taiwan Alpha Electronics Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Alpha Electronics Co's current Cyclically Adjusted PS Ratio is 3.65, which is 45% above median its own 10-year median of 2.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Alpha Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Alpha Electronics Co (ROCO:6204) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$78.02, compared to a current price of NT$91.60 — trading 17.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.65, which is 45% above median its 10-year median of 2.52 and 158.9% above the Hardware industry median of 1.41. Taiwan Alpha Electronics Co's overall GF Score™ is 74/100 with 1 warning sign 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 Taiwan Alpha Electronics Co (ROCO:6204), the current Cyclically Adjusted PS Ratio is 3.65 as of Sep. 05, 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 Taiwan Alpha Electronics Co (ROCO:6204) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Alpha Electronics Co stock appears to be overvalued. The current stock price of NT$91.60 is trading 17.4% above its estimated GF Value™ of NT$78.02. GuruFocus considers Taiwan Alpha Electronics Co to be Modestly Overvalued.

Key valuation signals for ROCO:6204:

  • Cyclically Adjusted PS Ratio: 3.65 (45% above median its 10-year median of 2.52)
  • GF Value™: NT$78.02 vs. price of NT$91.60 (17.4% above fair value)
  • GF Score™: 74/100 with 1 warning sign
  • Industry Position: 158.9% above the Hardware median (#1445 of 1968)

No single metric tells the full story. See the ROCO:6204 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Alpha Electronics Co Business Description

Address No. 1221, 1223, Zhongzheng Road, 9th Floor, Taoyuan, TWN
Taiwan Alpha Electronics Co Ltd is engaged in the e manufacturing, processing, and trading of variable resistors and switching silicon rectifiers, as well as the export of raw materials and products related to the preceding paragraph. operations and investments. Its products include potentiometers, switches, jacks, and encoders.
74GF Score

Get the complete analysis for ROCO:6204

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

NT$91.60
Price
NT$78.02
GF Value