Chunghwa Precision Test Tech Co (ROCO:6510) Cyclically Adjusted PS Ratio: 20.95 (As of Aug. 10, 2026) — 261% Above Median

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ROCO:6510 Chunghwa Precision Test Tech Co Ltd ROCO:6510
69 GF Score
Price NT$2,845.00
GF Value NT$977.88
Valuation Significantly Overvalued
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What is Chunghwa Precision Test Tech Co Cyclically Adjusted PS Ratio?

Chunghwa Precision Test Tech Co ROCO:6510 +5.57% 69 Cyclically Adjusted PS Ratio is 20.95 as of Aug. 10, 2026, which is 261% above its 10-year median of 5.80. GuruFocus rates ROCO:6510 with a GF Score™ of 69/100 and a GF Value™ of NT$977.88 (Significantly Overvalued). Among 731 Semiconductors companies, Chunghwa Precision Test Tech Co ranks worse than 89.6% on this metric.

As of today (2026-08-10), Chunghwa Precision Test Tech Co's current share price is NT$2845.00. Chunghwa Precision Test Tech Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$135.81. Chunghwa Precision Test Tech Co's Cyclically Adjusted PS Ratio for today is 20.95.

The historical rank and industry rank for Chunghwa Precision Test Tech Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

ROCO:6510' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.65   Med: 5.8   Max: 30.21
Current: 19.84

During the past years, Chunghwa Precision Test Tech Co's highest Cyclically Adjusted PS Ratio was 30.21. The lowest was 3.65. And the median was 5.80.

ROCO:6510's Cyclically Adjusted PS Ratio is ranked worse than
89.6% of 731 companies
in the Semiconductors industry
Industry Median: 3.01 vs ROCO:6510: 19.84

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.

Chunghwa Precision Test Tech Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$40.200. 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$135.81 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chunghwa Precision Test Tech Co  (ROCO:6510) 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.


Chunghwa Precision Test Tech Co Cyclically Adjusted PS Ratio Related Terms


Chunghwa Precision Test Tech Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Chunghwa Precision Test Tech 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.

Chunghwa Precision Test Tech Co Cyclically Adjusted PS Ratio Chart

Chunghwa Precision Test Tech 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 0.00 0.00 4.81 7.23 17.35

Chunghwa Precision Test Tech 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 5.22 6.52 14.73 17.35 22.68

ROCO:6510 vs AMAT, LRCX, KLAC: Cyclically Adjusted PS Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, Chunghwa Precision Test Tech 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.


Chunghwa Precision Test Tech Co Cyclically Adjusted PS Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Chunghwa Precision Test Tech Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Chunghwa Precision Test Tech Co's Cyclically Adjusted PS Ratio falls into.


ROCO:6510
69GF Score
Chunghwa Precision Test Tech Co Ltd ROCO:6510
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chunghwa Precision Test Tech 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.

Chunghwa Precision Test Tech Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2845.00/135.81
=20.95

* 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.

Chunghwa Precision Test Tech Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Chunghwa Precision Test Tech 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)
=40.2/330.2130*330.2130
=40.200

Current CPI (Mar. 2026) = 330.2130.

Chunghwa Precision Test Tech Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 21.161 241.018 28.992
201609 24.896 241.428 34.051
201612 21.922 241.432 29.983
201703 25.607 243.801 34.683
201706 27.262 244.955 36.751
201709 30.209 246.819 40.416
201712 16.560 246.524 22.182
201803 22.578 249.554 29.875
201806 27.043 251.989 35.438
201809 28.268 252.439 36.977
201812 21.896 251.233 28.779
201903 18.423 254.202 23.932
201906 20.398 256.143 26.297
201909 33.564 256.759 43.166
201912 30.657 256.974 39.394
202003 27.400 258.115 35.054
202006 32.187 257.797 41.228
202009 36.485 260.280 46.288
202012 31.744 260.474 40.243
202103 24.690 264.877 30.780
202106 31.871 271.696 38.735
202109 33.621 274.310 40.473
202112 38.472 278.802 45.566
202203 25.211 287.504 28.956
202206 35.947 296.311 40.060
202209 37.125 296.808 41.303
202212 34.712 296.797 38.620
202303 20.595 301.836 22.531
202306 22.740 305.109 24.611
202309 20.958 307.789 22.485
202312 23.553 306.746 25.355
202403 20.604 312.332 21.784
202406 22.014 314.175 23.138
202409 27.932 315.301 29.253
202412 39.106 315.605 40.916
202503 35.054 319.799 36.196
202506 36.932 322.561 37.808
202509 37.857 324.800 38.488
202512 36.374 324.054 37.065
202603 40.200 330.213 40.200

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 20.95 mean?
Chunghwa Precision Test Tech Co (ROCO:6510) has a Cyclically Adjusted PS Ratio of 20.95 as of Aug. 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 Chunghwa Precision Test Tech Co and its competitors. This is 261% above median its historical median of 5.80. Over the past decade, Chunghwa Precision Test Tech Co's Cyclically Adjusted PS Ratio has ranged from 3.65 to 30.21. According to the industry distribution chart, Chunghwa Precision Test Tech Co ranks #655 out of 731 companies in the Semiconductors industry, placing it in the top 89.6%.
Is Chunghwa Precision Test Tech Co's Cyclically Adjusted PS Ratio too high?
Chunghwa Precision Test Tech Co's current Cyclically Adjusted PS Ratio of 20.95 is 261% above median its 10-year median of 5.80. Over the past 10 years, this metric has ranged from a low of 3.65 to a high of 30.21. The Semiconductors industry median Cyclically Adjusted PS Ratio is 3.01. Chunghwa Precision Test Tech Co's value of 20.95 is 596% above this industry median. Based on the distribution chart, Chunghwa Precision Test Tech Co ranks #655 out of 731 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Chunghwa Precision Test Tech Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chunghwa Precision Test Tech Co's Cyclically Adjusted PS Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Chunghwa Precision Test Tech Co ranks #655 out of 731 companies for Cyclically Adjusted PS Ratio. This places Chunghwa Precision Test Tech Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.01. Chunghwa Precision Test Tech Co's value of 20.95 is 596% above this benchmark. Historically, Chunghwa Precision Test Tech Co's own Cyclically Adjusted PS Ratio has ranged from 3.65 to 30.21 over the past decade. While the company's 10-year median is 5.80 vs. the industry median of 3.01, Chunghwa Precision Test Tech 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 Semiconductors company?
The median Cyclically Adjusted PS Ratio among Semiconductors companies is 3.01, based on 731 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. Chunghwa Precision Test Tech Co's current Cyclically Adjusted PS Ratio of 20.95 is 596% 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 Chunghwa Precision Test Tech Co and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 3.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chunghwa Precision Test Tech Co's current Cyclically Adjusted PS Ratio is 20.95, which is 261% above median its own 10-year median of 5.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chunghwa Precision Test Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Chunghwa Precision Test Tech Co (ROCO:6510) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$977.88, compared to a current price of NT$2,845.00 — trading 190.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 20.95, which is 261% above median its 10-year median of 5.80 and 596% above the Semiconductors industry median of 3.01. Chunghwa Precision Test Tech Co's overall GF Score™ is 69/100. 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 Chunghwa Precision Test Tech Co (ROCO:6510), the current Cyclically Adjusted PS Ratio is 20.95 as of Aug. 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 Chunghwa Precision Test Tech Co (ROCO:6510) Overvalued in 2026?

Based on GuruFocus' analysis, Chunghwa Precision Test Tech Co stock appears to be overvalued. The current stock price of NT$2,845.00 is trading 190.9% above its estimated GF Value™ of NT$977.88. GuruFocus considers Chunghwa Precision Test Tech Co to be Significantly Overvalued.

Key valuation signals for ROCO:6510:

  • Cyclically Adjusted PS Ratio: 20.95 (261% above median its 10-year median of 5.80)
  • GF Value™: NT$977.88 vs. price of NT$2,845.00 (190.9% above fair value)
  • GF Score™: 69/100
  • Industry Position: 596% above the Semiconductors median (#655 of 731)

No single metric tells the full story. See the ROCO:6510 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chunghwa Precision Test Tech Co Business Description

Address No. 12, Industrial Road 3, Pingzhen District, Taoyuan, TWN, 32459
Chunghwa Precision Test Tech Co Ltd is engaged mainly in the testing of semiconductor components, the production of printed circuit boards, and the marketing of electronic products. The company earns operating revenue from the production and sales of semiconductor testing components and printed circuit boards, as well as other electronic products. It also earns revenue from the rendering of services such as designing and maintaining semiconductor components, printed circuit boards, and providing after-sales services. It generates maximum revenue from the sale of wafer test boards. Geographically, the company generates maximum revenue from Taiwan, followed by the United States, China, and Other regions.
69GF Score

Get the complete analysis for ROCO:6510

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

NT$2,845.00
Price
NT$977.88
GF Value