Appro Photoelectron (ROCO:6560) Cyclically Adjusted PS Ratio: (As of Aug. 08, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:6560 Appro Photoelectron Inc ROCO:6560
66 GF Score
Price NT$32.25
GF Value NT$49.91
Valuation Possible Value Trap
! 1 Warning Sign
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What is Appro Photoelectron Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Appro Photoelectron  (ROCO:6560) 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.


Appro Photoelectron Cyclically Adjusted PS Ratio Related Terms


Appro Photoelectron Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Appro Photoelectron'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.

Appro Photoelectron Cyclically Adjusted PS Ratio Chart

Appro Photoelectron 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 1.62 2.28

Appro Photoelectron 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 1.60 2.17 2.26 2.28 2.13

ROCO:6560 vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Appro Photoelectron'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.


Appro Photoelectron Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


ROCO:6560
66GF Score
Appro Photoelectron Inc ROCO:6560
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Appro Photoelectron 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.

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

For example, Appro Photoelectron'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)
=2.437/330.2130*330.2130
=2.437

Current CPI (Mar. 2026) = 330.2130.

Appro Photoelectron Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.755 241.018 3.775
201609 2.961 241.428 4.050
201612 2.215 241.432 3.030
201703 1.383 243.801 1.873
201706 1.865 244.955 2.514
201709 1.379 246.819 1.845
201712 1.890 246.524 2.532
201803 2.899 249.554 3.836
201806 5.682 251.989 7.446
201809 4.608 252.439 6.028
201812 3.693 251.233 4.854
201903 2.203 254.202 2.862
201906 5.585 256.143 7.200
201909 2.626 256.759 3.377
201912 3.126 256.974 4.017
202003 2.543 258.115 3.253
202006 4.624 257.797 5.923
202009 9.243 260.280 11.726
202012 12.265 260.474 15.549
202103 10.846 264.877 13.521
202106 9.562 271.696 11.621
202109 14.604 274.310 17.580
202112 9.889 278.802 11.713
202203 6.048 287.504 6.946
202206 3.118 296.311 3.475
202209 2.437 296.808 2.711
202212 2.404 296.797 2.675
202303 1.462 301.836 1.599
202306 1.054 305.109 1.141
202309 1.489 307.789 1.597
202312 0.578 306.746 0.622
202403 0.466 312.332 0.493
202406 0.388 314.175 0.408
202409 0.947 315.301 0.992
202412 1.189 315.605 1.244
202503 1.732 319.799 1.788
202506 1.512 322.561 1.548
202509 1.003 324.800 1.020
202512 2.049 324.054 2.088
202603 2.437 330.213 2.437

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.

Is Appro Photoelectron (ROCO:6560) Overvalued in 2026?

Based on GuruFocus' analysis, Appro Photoelectron stock appears to be undervalued. The current stock price of NT$32.25 is trading 35.4% below its estimated GF Value™ of NT$49.91. GuruFocus considers Appro Photoelectron to be Possible Value Trap.

Key valuation signals for ROCO:6560:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: NT$49.91 vs. price of NT$32.25 (35.4% below fair value)
  • GF Score™: 66/100 with 1 warning sign

No single metric tells the full story. See the ROCO:6560 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Appro Photoelectron Business Description

Address 6th Floor, Number 23, Siyuan Road, Xinzhuang District, New Taipei City, Taipei, TWN, 242
Appro Photoelectron Inc operates as a design house for image products. The company helps its customers to develop products using TI digital signal process as its core system. Its products include NVIDIA Jetson TX1/TX2 Sensor module solution, Body Worn Camera Solution, Car DVR Solution, and Image Related Product.
66GF Score

Get the complete analysis for ROCO:6560

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

NT$32.25
Price
NT$49.91
GF Value