Fu Chun Shin Machinery Manufacture Co (ROCO:6603) Cyclically Adjusted PS Ratio: 0.95 (As of Aug. 21, 2026) — 42% Above Median

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:6603 Fu Chun Shin Machinery Manufacture Co Ltd ROCO:6603
72 GF Score
Price NT$27.10
GF Value NT$20.95
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Fu Chun Shin Machinery Manufacture Co Cyclically Adjusted PS Ratio?

Fu Chun Shin Machinery Manufacture Co ROCO:6603 72 Cyclically Adjusted PS Ratio is 0.95 as of Aug. 21, 2026, which is 42% above its 10-year median of 0.67. GuruFocus rates ROCO:6603 with a GF Score™ of 72/100 and a GF Value™ of NT$20.95 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 2,284 Industrial Products companies, Fu Chun Shin Machinery Manufacture Co ranks better than 67.25% on this metric.

As of today (2026-08-21), Fu Chun Shin Machinery Manufacture Co's current share price is NT$27.10. Fu Chun Shin Machinery Manufacture Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was NT$28.63. Fu Chun Shin Machinery Manufacture Co's Cyclically Adjusted PS Ratio for today is 0.95.

The historical rank and industry rank for Fu Chun Shin Machinery Manufacture Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

ROCO:6603' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.67   Max: 1.21
Current: 0.95

During the past years, Fu Chun Shin Machinery Manufacture Co's highest Cyclically Adjusted PS Ratio was 1.21. The lowest was 0.37. And the median was 0.67.

ROCO:6603's Cyclically Adjusted PS Ratio is ranked better than
67.25% of 2284 companies
in the Industrial Products industry
Industry Median: 1.825 vs ROCO:6603: 0.95

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.

Fu Chun Shin Machinery Manufacture Co's adjusted revenue per share data for the three months ended in Jun. 2026 was NT$7.032. 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$28.63 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fu Chun Shin Machinery Manufacture Co  (ROCO:6603) 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.


Fu Chun Shin Machinery Manufacture Co Cyclically Adjusted PS Ratio Related Terms


Fu Chun Shin Machinery Manufacture Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Fu Chun Shin Machinery Manufacture 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.

Fu Chun Shin Machinery Manufacture Co Cyclically Adjusted PS Ratio Chart

Fu Chun Shin Machinery Manufacture 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 0.80 0.70 0.63 0.66 0.98

Fu Chun Shin Machinery Manufacture 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 0.64 0.64 0.98 0.74 0.80

ROCO:6603 vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Fu Chun Shin Machinery Manufacture 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.


Fu Chun Shin Machinery Manufacture Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fu Chun Shin Machinery Manufacture Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Fu Chun Shin Machinery Manufacture Co's Cyclically Adjusted PS Ratio falls into.


ROCO:6603
72GF Score
Fu Chun Shin Machinery Manufacture Co Ltd ROCO:6603
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fu Chun Shin Machinery Manufacture 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.

Fu Chun Shin Machinery Manufacture Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.10/28.63
=0.95

* 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.

Fu Chun Shin Machinery Manufacture Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Fu Chun Shin Machinery Manufacture 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)
=7.032/333.9520*333.9520
=7.032

Current CPI (Jun. 2026) = 333.9520.

Fu Chun Shin Machinery Manufacture Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 4.527 241.428 6.262
201612 4.950 241.432 6.847
201703 4.265 243.801 5.842
201706 4.931 244.955 6.723
201709 6.014 246.819 8.137
201712 4.655 246.524 6.306
201803 4.649 249.554 6.221
201806 5.883 251.989 7.797
201809 5.365 252.439 7.097
201812 5.224 251.233 6.944
201903 4.598 254.202 6.041
201906 5.397 256.143 7.036
201909 4.754 256.759 6.183
201912 5.678 256.974 7.379
202003 3.489 258.115 4.514
202006 3.926 257.797 5.086
202009 6.294 260.280 8.076
202012 6.246 260.474 8.008
202103 6.296 264.877 7.938
202106 7.570 271.696 9.305
202109 6.987 274.310 8.506
202112 7.066 278.802 8.464
202203 6.755 287.504 7.846
202206 8.367 296.311 9.430
202209 6.425 296.808 7.229
202212 6.333 296.797 7.126
202303 4.988 301.836 5.519
202306 6.963 305.109 7.621
202309 6.299 307.789 6.834
202312 7.113 306.746 7.744
202403 5.886 312.332 6.293
202406 7.083 314.175 7.529
202409 6.495 315.301 6.879
202412 6.539 315.605 6.919
202503 6.087 319.799 6.356
202506 7.048 322.561 7.297
202509 8.079 324.800 8.307
202512 9.002 324.054 9.277
202603 6.312 330.213 6.383
202606 7.032 333.952 7.032

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 0.95 mean?
Fu Chun Shin Machinery Manufacture Co (ROCO:6603) has a Cyclically Adjusted PS Ratio of 0.95 as of Aug. 21, 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 Fu Chun Shin Machinery Manufacture Co and its competitors. This is 42% above median its historical median of 0.67. Over the past decade, Fu Chun Shin Machinery Manufacture Co's Cyclically Adjusted PS Ratio has ranged from 0.37 to 1.21. According to the industry distribution chart, Fu Chun Shin Machinery Manufacture Co ranks #748 out of 2284 companies in the Industrial Products industry, placing it in the top 32.7%.
Is Fu Chun Shin Machinery Manufacture Co's Cyclically Adjusted PS Ratio too high?
Fu Chun Shin Machinery Manufacture Co's current Cyclically Adjusted PS Ratio of 0.95 is 42% above median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 1.21. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.83. Fu Chun Shin Machinery Manufacture Co's value of 0.95 is 47.9% below this industry median. Based on the distribution chart, Fu Chun Shin Machinery Manufacture Co ranks #748 out of 2284 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Fu Chun Shin Machinery Manufacture Co has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fu Chun Shin Machinery Manufacture Co's Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Fu Chun Shin Machinery Manufacture Co ranks #748 out of 2284 companies for Cyclically Adjusted PS Ratio. This puts Fu Chun Shin Machinery Manufacture Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.83. Fu Chun Shin Machinery Manufacture Co's value of 0.95 is 47.9% below this benchmark. Historically, Fu Chun Shin Machinery Manufacture Co's own Cyclically Adjusted PS Ratio has ranged from 0.37 to 1.21 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 1.83, Fu Chun Shin Machinery Manufacture Co has consistently been below 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.83, based on 2,284 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. Fu Chun Shin Machinery Manufacture Co's current Cyclically Adjusted PS Ratio of 0.95 is 47.9% below 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 Fu Chun Shin Machinery Manufacture Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fu Chun Shin Machinery Manufacture Co's current Cyclically Adjusted PS Ratio is 0.95, which is 42% above median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fu Chun Shin Machinery Manufacture Co stock overvalued right now?
Based on GuruFocus' analysis, Fu Chun Shin Machinery Manufacture Co (ROCO:6603) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$20.95, compared to a current price of NT$27.10 — trading 29.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.95, which is 42% above median its 10-year median of 0.67 and 47.9% below the Industrial Products industry median of 1.83. Fu Chun Shin Machinery Manufacture Co's overall GF Score™ is 72/100 with 7 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 Fu Chun Shin Machinery Manufacture Co (ROCO:6603), the current Cyclically Adjusted PS Ratio is 0.95 as of Aug. 21, 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 Fu Chun Shin Machinery Manufacture Co (ROCO:6603) Overvalued in 2026?

Based on GuruFocus' analysis, Fu Chun Shin Machinery Manufacture Co stock appears to be overvalued. The current stock price of NT$27.10 is trading 29.4% above its estimated GF Value™ of NT$20.95. GuruFocus considers Fu Chun Shin Machinery Manufacture Co to be Modestly Overvalued.

Key valuation signals for ROCO:6603:

  • Cyclically Adjusted PS Ratio: 0.95 (42% above median its 10-year median of 0.67)
  • GF Value™: NT$20.95 vs. price of NT$27.10 (29.4% above fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 47.9% below the Industrial Products median (#748 of 2284)

No single metric tells the full story. See the ROCO:6603 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fu Chun Shin Machinery Manufacture Co Business Description

Address No.269, Bao Dong Road, Pitou Village, Guanmiao District, Tainan, TWN, 718
Fu Chun Shin Machinery Manufacture Co Ltd is a Taiwan-based company mainly engaged in the manufacturing, repair, processing, and trading of plastic injection machines and tooling, plastic products, electric wires, and cables.
72GF Score

Get the complete analysis for ROCO:6603

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

NT$27.10
Price
NT$20.95
GF Value