Nova Technology (ROCO:6613) Cyclically Adjusted PS Ratio: 2.53 (As of Aug. 14, 2026) — 45% 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:6613 Nova Technology Corp ROCO:6613
85 GF Score
Price NT$271.50
GF Value NT$161.99
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Nova Technology Cyclically Adjusted PS Ratio?

Nova Technology ROCO:6613 +0.37% 85 Cyclically Adjusted PS Ratio is 2.53 as of Aug. 14, 2026, which is 45% above its 10-year median of 1.75. GuruFocus rates ROCO:6613 with a GF Score™ of 85/100 and a GF Value™ of NT$161.99 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,290 Industrial Products companies, Nova Technology ranks worse than 61.48% on this metric.

As of today (2026-08-14), Nova Technology's current share price is NT$271.50. Nova Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$107.15. Nova Technology's Cyclically Adjusted PS Ratio for today is 2.53.

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

ROCO:6613' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.55   Med: 1.75   Max: 2.58
Current: 2.58

During the past years, Nova Technology's highest Cyclically Adjusted PS Ratio was 2.58. The lowest was 1.55. And the median was 1.75.

ROCO:6613's Cyclically Adjusted PS Ratio is ranked worse than
61.48% of 2290 companies
in the Industrial Products industry
Industry Median: 1.81 vs ROCO:6613: 2.58

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.

Nova Technology's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$29.979. 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$107.15 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nova Technology  (ROCO:6613) 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.


Nova Technology Cyclically Adjusted PS Ratio Related Terms


Nova Technology Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nova Technology'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.

Nova Technology Cyclically Adjusted PS Ratio Chart

Nova Technology 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 1.95

Nova Technology 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 1.84 1.56 1.73 1.95 1.87

ROCO:6613 vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Nova Technology'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.


Nova Technology Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nova Technology's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ROCO:6613
85GF Score
Nova Technology Corp ROCO:6613
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nova Technology 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.

Nova Technology's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=271.50/107.15
=2.53

* 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.

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

For example, Nova Technology'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)
=29.979/330.2130*330.2130
=29.979

Current CPI (Mar. 2026) = 330.2130.

Nova Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 12.591 241.018 17.251
201609 21.376 241.428 29.237
201612 6.970 241.432 9.533
201703 14.965 243.801 20.269
201706 9.453 244.955 12.743
201709 12.667 246.819 16.947
201712 18.887 246.524 25.299
201803 18.880 249.554 24.982
201806 23.485 251.989 30.775
201809 15.581 252.439 20.381
201812 13.392 251.233 17.602
201903 17.984 254.202 23.362
201906 14.896 256.143 19.204
201909 15.673 256.759 20.157
201912 16.108 256.974 20.699
202003 13.818 258.115 17.678
202006 16.698 257.797 21.389
202009 12.956 260.280 16.437
202012 13.267 260.474 16.819
202103 11.531 264.877 14.375
202106 24.178 271.696 29.385
202109 24.233 274.310 29.172
202112 31.827 278.802 37.696
202203 49.179 287.504 56.485
202206 27.295 296.311 30.418
202209 37.025 296.808 41.192
202212 35.354 296.797 39.334
202303 20.273 301.836 22.179
202306 32.314 305.109 34.973
202309 31.249 307.789 33.526
202312 32.936 306.746 35.456
202403 28.871 312.332 30.524
202406 30.610 314.175 32.173
202409 35.325 315.301 36.996
202412 38.366 315.605 40.142
202503 27.515 319.799 28.411
202506 26.264 322.561 26.887
202509 26.164 324.800 26.600
202512 34.221 324.054 34.871
202603 29.979 330.213 29.979

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 2.53 mean?
Nova Technology (ROCO:6613) has a Cyclically Adjusted PS Ratio of 2.53 as of Aug. 14, 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 Nova Technology and its competitors. This is 45% above median its historical median of 1.75. Over the past decade, Nova Technology's Cyclically Adjusted PS Ratio has ranged from 1.55 to 2.58. According to the industry distribution chart, Nova Technology ranks #1408 out of 2290 companies in the Industrial Products industry, placing it in the top 61.5%.
Is Nova Technology's Cyclically Adjusted PS Ratio too high?
Nova Technology's current Cyclically Adjusted PS Ratio of 2.53 is 45% above median its 10-year median of 1.75. Over the past 10 years, this metric has ranged from a low of 1.55 to a high of 2.58. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.81. Nova Technology's value of 2.53 is 39.8% above this industry median. Based on the distribution chart, Nova Technology ranks #1408 out of 2290 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Nova Technology has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nova Technology's Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nova Technology ranks #1408 out of 2290 companies for Cyclically Adjusted PS Ratio. This places Nova Technology in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.81. Nova Technology's value of 2.53 is 39.8% above this benchmark. Historically, Nova Technology's own Cyclically Adjusted PS Ratio has ranged from 1.55 to 2.58 over the past decade. While the company's 10-year median is 1.75 vs. the industry median of 1.81, Nova Technology 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.81, based on 2,290 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. Nova Technology's current Cyclically Adjusted PS Ratio of 2.53 is 39.8% 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 Nova Technology and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nova Technology's current Cyclically Adjusted PS Ratio is 2.53, which is 45% above median its own 10-year median of 1.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova Technology stock overvalued right now?
Based on GuruFocus' analysis, Nova Technology (ROCO:6613) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$161.99, compared to a current price of NT$271.50 — trading 67.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.53, which is 45% above median its 10-year median of 1.75 and 39.8% above the Industrial Products industry median of 1.81. Nova Technology's overall GF Score™ is 85/100 with 5 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 Nova Technology (ROCO:6613), the current Cyclically Adjusted PS Ratio is 2.53 as of Aug. 14, 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 Nova Technology (ROCO:6613) Overvalued in 2026?

Based on GuruFocus' analysis, Nova Technology stock appears to be overvalued. The current stock price of NT$271.50 is trading 67.6% above its estimated GF Value™ of NT$161.99. GuruFocus considers Nova Technology to be Significantly Overvalued.

Key valuation signals for ROCO:6613:

  • Cyclically Adjusted PS Ratio: 2.53 (45% above median its 10-year median of 1.75)
  • GF Value™: NT$161.99 vs. price of NT$271.50 (67.6% above fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 39.8% above the Industrial Products median (#1408 of 2290)

No single metric tells the full story. See the ROCO:6613 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nova Technology Business Description

Address Jiafeng South Road, Section 2, No. 76, 10th Floor, Hsinchu County, Zhubei, TWN, 302054
Nova Technology Corp is engaged in import and export, pipeline assembly, and maintenance engineering for various electronic, computer parts and accessories, equipment, chemical materials, and gas components. The company is engaged in implementing and improving High-purity chemical supply and dispensing systems, Special gas supply systems, High-end wet process cleaning equipment, Stripping fluid regeneration systems, and Electronic-grade chemical production and packaging systems, among others, for its clients. Its reportable segments are: China, which generates the maximum revenue, Taiwan, and Others.
85GF Score

Get the complete analysis for ROCO:6613

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

NT$271.50
Price
NT$161.99
GF Value