Taiwan Hopax Chemicals MFG Co (ROCO:6509) Cyclically Adjusted PS Ratio: 1.63 (As of Aug. 02, 2026) — Near Median

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ROCO:6509 Taiwan Hopax Chemicals MFG Co Ltd ROCO:6509
75 GF Score
Price NT$42.95
GF Value NT$32.30
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Taiwan Hopax Chemicals MFG Co Cyclically Adjusted PS Ratio?

Taiwan Hopax Chemicals MFG Co ROCO:6509 +4.25% 75 Cyclically Adjusted PS Ratio is 1.63 as of Aug. 02, 2026, which is 9% above its 10-year median of 1.50. GuruFocus rates ROCO:6509 with a GF Score™ of 75/100 and a GF Value™ of NT$32.30 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,275 Chemicals companies, Taiwan Hopax Chemicals MFG Co ranks worse than 60.55% on this metric.

As of today (2026-08-02), Taiwan Hopax Chemicals MFG Co's current share price is NT$42.95. Taiwan Hopax Chemicals MFG Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was NT$26.30. Taiwan Hopax Chemicals MFG Co's Cyclically Adjusted PS Ratio for today is 1.63.

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

ROCO:6509' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.5   Max: 3.57
Current: 1.79

During the past years, Taiwan Hopax Chemicals MFG Co's highest Cyclically Adjusted PS Ratio was 3.57. The lowest was 0.66. And the median was 1.50.

ROCO:6509's Cyclically Adjusted PS Ratio is ranked worse than
60.55% of 1275 companies
in the Chemicals industry
Industry Median: 1.28 vs ROCO:6509: 1.79

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 Hopax Chemicals MFG Co's adjusted revenue per share data for the three months ended in Dec. 2025 was NT$5.191. 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$26.30 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Hopax Chemicals MFG Co  (ROCO:6509) 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 Hopax Chemicals MFG Co Cyclically Adjusted PS Ratio Related Terms


Taiwan Hopax Chemicals MFG Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Taiwan Hopax Chemicals MFG 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 Hopax Chemicals MFG Co Cyclically Adjusted PS Ratio Chart

Taiwan Hopax Chemicals MFG 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 3.00 1.64 1.53 1.48 1.23

Taiwan Hopax Chemicals MFG Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1.48 1.28 1.23 1.29 1.23

ROCO:6509 vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Taiwan Hopax Chemicals MFG 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 Hopax Chemicals MFG Co Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Taiwan Hopax Chemicals MFG Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Taiwan Hopax Chemicals MFG Co's Cyclically Adjusted PS Ratio falls into.


ROCO:6509
75GF Score
Taiwan Hopax Chemicals MFG Co Ltd ROCO:6509
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Hopax Chemicals MFG 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 Hopax Chemicals MFG Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=42.95/26.30
=1.63

* 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 Hopax Chemicals MFG Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Taiwan Hopax Chemicals MFG Co's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=5.191/324.0540*324.0540
=5.191

Current CPI (Dec. 2025) = 324.0540.

Taiwan Hopax Chemicals MFG Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 4.292 238.132 5.841
201606 4.419 241.018 5.941
201609 3.997 241.428 5.365
201612 4.156 241.432 5.578
201703 4.351 243.801 5.783
201706 4.514 244.955 5.972
201709 4.590 246.819 6.026
201712 4.758 246.524 6.254
201803 4.581 249.554 5.949
201806 4.587 251.989 5.899
201809 5.028 252.439 6.454
201812 4.791 251.233 6.180
201903 4.690 254.202 5.979
201906 5.287 256.143 6.689
201909 5.572 256.759 7.032
201912 5.166 256.974 6.515
202003 4.887 258.115 6.135
202006 5.051 257.797 6.349
202009 4.973 260.280 6.191
202012 5.101 260.474 6.346
202103 6.573 264.877 8.041
202106 6.785 271.696 8.093
202109 6.433 274.310 7.600
202112 6.769 278.802 7.868
202203 7.867 287.504 8.867
202206 7.587 296.311 8.297
202209 7.898 296.808 8.623
202212 6.607 296.797 7.214
202303 6.546 301.836 7.028
202306 6.222 305.109 6.608
202309 6.508 307.789 6.852
202312 5.728 306.746 6.051
202403 6.705 312.332 6.957
202406 6.937 314.175 7.155
202409 6.364 315.301 6.541
202412 5.230 315.605 5.370
202503 6.159 319.799 6.241
202506 6.117 322.561 6.145
202509 5.749 324.800 5.736
202512 5.191 324.054 5.191

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 1.63 mean?
Taiwan Hopax Chemicals MFG Co (ROCO:6509) has a Cyclically Adjusted PS Ratio of 1.63 as of Aug. 02, 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 Hopax Chemicals MFG Co and its competitors. This is near median its historical median of 1.50. Over the past decade, Taiwan Hopax Chemicals MFG Co's Cyclically Adjusted PS Ratio has ranged from 0.66 to 3.57. According to the industry distribution chart, Taiwan Hopax Chemicals MFG Co ranks #772 out of 1275 companies in the Chemicals industry, placing it in the top 60.5%.
Is Taiwan Hopax Chemicals MFG Co's Cyclically Adjusted PS Ratio too high?
Taiwan Hopax Chemicals MFG Co's current Cyclically Adjusted PS Ratio of 1.63 is near median its 10-year median of 1.50. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 3.57. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.28. Taiwan Hopax Chemicals MFG Co's value of 1.63 is 27.3% above this industry median. Based on the distribution chart, Taiwan Hopax Chemicals MFG Co ranks #772 out of 1275 companies in the Chemicals industry, which is below the industry midpoint. Overall, Taiwan Hopax Chemicals MFG Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Hopax Chemicals MFG Co's Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Taiwan Hopax Chemicals MFG Co ranks #772 out of 1275 companies for Cyclically Adjusted PS Ratio. This places Taiwan Hopax Chemicals MFG Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.28. Taiwan Hopax Chemicals MFG Co's value of 1.63 is 27.3% above this benchmark. Historically, Taiwan Hopax Chemicals MFG Co's own Cyclically Adjusted PS Ratio has ranged from 0.66 to 3.57 over the past decade. While the company's 10-year median is 1.50 vs. the industry median of 1.28, Taiwan Hopax Chemicals MFG 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.28, based on 1,275 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 Hopax Chemicals MFG Co's current Cyclically Adjusted PS Ratio of 1.63 is 27.3% 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 Hopax Chemicals MFG Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Hopax Chemicals MFG Co's current Cyclically Adjusted PS Ratio is 1.63, which is near median its own 10-year median of 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Hopax Chemicals MFG Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Hopax Chemicals MFG Co (ROCO:6509) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$32.30, compared to a current price of NT$42.95 — trading 33% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.63, which is near median its 10-year median of 1.50 and 27.3% above the Chemicals industry median of 1.28. Taiwan Hopax Chemicals MFG Co's overall GF Score™ is 75/100 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 Hopax Chemicals MFG Co (ROCO:6509), the current Cyclically Adjusted PS Ratio is 1.63 as of Aug. 02, 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 Hopax Chemicals MFG Co (ROCO:6509) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Hopax Chemicals MFG Co stock appears to be overvalued. The current stock price of NT$42.95 is trading 33% above its estimated GF Value™ of NT$32.30. GuruFocus considers Taiwan Hopax Chemicals MFG Co to be Significantly Overvalued.

Key valuation signals for ROCO:6509:

  • Cyclically Adjusted PS Ratio: 1.63 (near median its 10-year median of 1.50)
  • GF Value™: NT$32.30 vs. price of NT$42.95 (33% above fair value)
  • GF Score™: 75/100 with 1 warning sign
  • Industry Position: 27.3% above the Chemicals median (#772 of 1275)

No single metric tells the full story. See the ROCO:6509 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Hopax Chemicals MFG Co Business Description

Address No. 28, Huadong Road, Chaoliao Village, Daliao District, Kaohsiung, TWN, 83162
Taiwan Hopax Chemicals MFG Co Ltd manufactures, processes and sells chemical raw materials for pharmaceuticals, industrial, paper making and office stationery. Its product range includes Biopharmaceuticals, Biological reagents, Cell culture medium, Diagnostic Reagent Kits, Electroplating Additives, Lithium battery additives, Dispersants, Carbon-free copy paper specialty chemicals, Wet End Chemicals, Coating Additives, and Boiler water treatment agent. The company's segments include Specialty Chemicals, Fine Chemicals, Office Stationery, and Other segment.
75GF Score

Get the complete analysis for ROCO:6509

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

NT$42.95
Price
NT$32.30
GF Value