Axcen Photonics (ROCO:6530) Cyclically Adjusted PS Ratio: 7.77 (As of Aug. 06, 2026) — 28% Above Median

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ROCO:6530 Axcen Photonics Corp ROCO:6530
77 GF Score
Price NT$82.10
GF Value NT$66.87
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Axcen Photonics Cyclically Adjusted PS Ratio?

Axcen Photonics ROCO:6530 +9.91% 77 Cyclically Adjusted PS Ratio is 7.77 as of Aug. 06, 2026, which is 28% above its 10-year median of 6.09. GuruFocus rates ROCO:6530 with a GF Score™ of 77/100 and a GF Value™ of NT$66.87 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,975 Hardware companies, Axcen Photonics ranks worse than 86.63% on this metric.

As of today (2026-08-06), Axcen Photonics's current share price is NT$82.10. Axcen Photonics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$10.57. Axcen Photonics's Cyclically Adjusted PS Ratio for today is 7.77.

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

ROCO:6530' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.07   Med: 6.09   Max: 11.87
Current: 6.39

During the past years, Axcen Photonics's highest Cyclically Adjusted PS Ratio was 11.87. The lowest was 4.07. And the median was 6.09.

ROCO:6530's Cyclically Adjusted PS Ratio is ranked worse than
86.63% of 1975 companies
in the Hardware industry
Industry Median: 1.34 vs ROCO:6530: 6.39

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.

Axcen Photonics's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$2.701. 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$10.57 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Axcen Photonics  (ROCO:6530) 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.


Axcen Photonics Cyclically Adjusted PS Ratio Related Terms


Axcen Photonics Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Axcen Photonics'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.

Axcen Photonics Cyclically Adjusted PS Ratio Chart

Axcen Photonics 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 0.00 0.00 5.99

Axcen Photonics 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 4.98 4.87 5.76 5.99 7.99

ROCO:6530 vs CSCO, MSI, HPE: Cyclically Adjusted PS Ratio Comparison

For the Communication Equipment subindustry, Axcen Photonics'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.


Axcen Photonics Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Axcen Photonics's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ROCO:6530
77GF Score
Axcen Photonics Corp ROCO:6530
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axcen Photonics 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.

Axcen Photonics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=82.10/10.57
=7.77

* 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.

Axcen Photonics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Axcen Photonics'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)
=2.701/330.2130*330.2130
=2.701

Current CPI (Mar. 2026) = 330.2130.

Axcen Photonics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.000 241.018 0.000
201609 3.022 241.428 4.133
201612 3.593 241.432 4.914
201703 3.122 243.801 4.229
201706 3.130 244.955 4.219
201709 3.066 246.819 4.102
201712 2.537 246.524 3.398
201803 1.970 249.554 2.607
201806 2.222 251.989 2.912
201809 2.191 252.439 2.866
201812 2.032 251.233 2.671
201903 1.869 254.202 2.428
201906 1.716 256.143 2.212
201909 1.768 256.759 2.274
201912 2.073 256.974 2.664
202003 1.900 258.115 2.431
202006 1.934 257.797 2.477
202009 1.687 260.280 2.140
202012 1.846 260.474 2.340
202103 1.820 264.877 2.269
202106 2.075 271.696 2.522
202109 2.105 274.310 2.534
202112 2.033 278.802 2.408
202203 1.968 287.504 2.260
202206 2.058 296.311 2.293
202209 1.974 296.808 2.196
202212 2.038 296.797 2.267
202303 1.635 301.836 1.789
202306 1.983 305.109 2.146
202309 1.939 307.789 2.080
202312 1.883 306.746 2.027
202403 1.931 312.332 2.042
202406 2.002 314.175 2.104
202409 2.162 315.301 2.264
202412 2.194 315.605 2.296
202503 2.334 319.799 2.410
202506 2.375 322.561 2.431
202509 2.513 324.800 2.555
202512 2.416 324.054 2.462
202603 2.701 330.213 2.701

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 7.77 mean?
Axcen Photonics (ROCO:6530) has a Cyclically Adjusted PS Ratio of 7.77 as of Aug. 06, 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 Axcen Photonics and its competitors. This is 28% above median its historical median of 6.09. Over the past decade, Axcen Photonics' Cyclically Adjusted PS Ratio has ranged from 4.07 to 11.87. According to the industry distribution chart, Axcen Photonics ranks #1711 out of 1975 companies in the Hardware industry, placing it in the top 86.6%.
Is Axcen Photonics' Cyclically Adjusted PS Ratio too high?
Axcen Photonics' current Cyclically Adjusted PS Ratio of 7.77 is 28% above median its 10-year median of 6.09. Over the past 10 years, this metric has ranged from a low of 4.07 to a high of 11.87. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. Axcen Photonics' value of 7.77 is 479.9% above this industry median. Based on the distribution chart, Axcen Photonics ranks #1711 out of 1975 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Axcen Photonics has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Axcen Photonics' Cyclically Adjusted PS Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, Axcen Photonics ranks #1711 out of 1975 companies for Cyclically Adjusted PS Ratio. This places Axcen Photonics in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Axcen Photonics' value of 7.77 is 479.9% above this benchmark. Historically, Axcen Photonics' own Cyclically Adjusted PS Ratio has ranged from 4.07 to 11.87 over the past decade. While the company's 10-year median is 6.09 vs. the industry median of 1.34, Axcen Photonics 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 1.34, based on 1,975 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. Axcen Photonics's current Cyclically Adjusted PS Ratio of 7.77 is 479.9% 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 Axcen Photonics and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axcen Photonics's current Cyclically Adjusted PS Ratio is 7.77, which is 28% above median its own 10-year median of 6.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axcen Photonics stock overvalued right now?
Based on GuruFocus' analysis, Axcen Photonics (ROCO:6530) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$66.87, compared to a current price of NT$82.10 — trading 22.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.77, which is 28% above median its 10-year median of 6.09 and 479.9% above the Hardware industry median of 1.34. Axcen Photonics' overall GF Score™ is 77/100 with 2 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 Axcen Photonics (ROCO:6530), the current Cyclically Adjusted PS Ratio is 7.77 as of Aug. 06, 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 Axcen Photonics (ROCO:6530) Overvalued in 2026?

Based on GuruFocus' analysis, Axcen Photonics stock appears to be overvalued. The current stock price of NT$82.10 is trading 22.8% above its estimated GF Value™ of NT$66.87. GuruFocus considers Axcen Photonics to be Modestly Overvalued.

Key valuation signals for ROCO:6530:

  • Cyclically Adjusted PS Ratio: 7.77 (28% above median its 10-year median of 6.09)
  • GF Value™: NT$66.87 vs. price of NT$82.10 (22.8% above fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 479.9% above the Hardware median (#1711 of 1975)

No single metric tells the full story. See the ROCO:6530 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Axcen Photonics Business Description

Address Number 119, Baozhong Road, 6th Floor, Xindian District, New Taipei City, Taipei, TWN, 231
Axcen Photonics Corp is a Taiwan based company involved in manufacturing products for the optical communications industry. The product offerings of the company include Video SFP, CSFP, SFP, Copper SFP, and GEPON SFF.
77GF Score

Get the complete analysis for ROCO:6530

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

NT$82.10
Price
NT$66.87
GF Value