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Taiwan Biomateiral CoROCO:6649 -0.42%77 Cyclically Adjusted PS Ratio is 17.84 as of Aug. 14, 2026, which is 10% below its 10-year median of 19.77. GuruFocus rates ROCO:6649 with a GF Score™ of 77/100 and a GF Value™ of NT$59.92 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 525 Medical Devices & Instruments companies, Taiwan Biomateiral Co ranks worse than 95.43% on this metric.
The historical rank and industry rank for Taiwan Biomateiral Co's Cyclically Adjusted PS Ratio or its related term are showing as below:
ROCO:6649'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 18.36 Med: 19.77 Max: 23.58
Current: 18.36
During the past years, Taiwan Biomateiral Co's highest Cyclically Adjusted PS Ratio was 23.58. The lowest was 18.36. And the median was 19.77.
ROCO:6649's Cyclically Adjusted PS Ratio is ranked worse than 95.43% of 525
companies
in the Medical Devices & Instruments industry
Industry Median: 2.31
vs ROCO:6649: 18.36
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.
Taiwan Biomateiral Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$0.629. 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$1.97 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Taiwan Biomateiral Co (ROCO:6649) 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.
Taiwan Biomateiral Co Cyclically Adjusted PS Ratio Related Terms
Taiwan Biomateiral Co Cyclically Adjusted PS Ratio Historical Data
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The historical data trend for Taiwan Biomateiral 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.
Taiwan Biomateiral Co Cyclically Adjusted PS Ratio Chart
ROCO:6649 vs ABT, SYK, MDT: Cyclically Adjusted PS Ratio Comparison
For the Medical Devices subindustry, Taiwan Biomateiral 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.
Taiwan Biomateiral Co Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Taiwan Biomateiral Co's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Taiwan Biomateiral Co's Cyclically Adjusted PS Ratio falls into.
Taiwan Biomateiral 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.
* 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.
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 17.84 mean?
Taiwan Biomateiral Co (ROCO:6649) has a Cyclically Adjusted PS Ratio of 17.84 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 Taiwan Biomateiral Co and its competitors. This is 10% below median its historical median of 19.77. Over the past decade, Taiwan Biomateiral Co's Cyclically Adjusted PS Ratio has ranged from 18.36 to 23.58. According to the industry distribution chart, Taiwan Biomateiral Co ranks #501 out of 525 companies in the Medical Devices & Instruments industry, placing it in the top 95.4%.
Is Taiwan Biomateiral Co's Cyclically Adjusted PS Ratio too high?
Taiwan Biomateiral Co's current Cyclically Adjusted PS Ratio of 17.84 is 10% below median its 10-year median of 19.77. Over the past 10 years, this metric has ranged from a low of 18.36 to a high of 23.58. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.31. Taiwan Biomateiral Co's value of 17.84 is 672.3% above this industry median. Based on the distribution chart, Taiwan Biomateiral Co ranks #501 out of 525 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Taiwan Biomateiral Co has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Taiwan Biomateiral Co's Cyclically Adjusted PS Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Taiwan Biomateiral Co ranks #501 out of 525 companies for Cyclically Adjusted PS Ratio. This places Taiwan Biomateiral Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.31. Taiwan Biomateiral Co's value of 17.84 is 672.3% above this benchmark. Historically, Taiwan Biomateiral Co's own Cyclically Adjusted PS Ratio has ranged from 18.36 to 23.58 over the past decade. While the company's 10-year median is 19.77 vs. the industry median of 2.31, Taiwan Biomateiral 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PS Ratio among Medical Devices & Instruments companies is 2.31, based on 525 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. Taiwan Biomateiral Co's current Cyclically Adjusted PS Ratio of 17.84 is 672.3% 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 Taiwan Biomateiral Co and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PS Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Biomateiral Co's current Cyclically Adjusted PS Ratio is 17.84, which is 10% below median its own 10-year median of 19.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Biomateiral Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Biomateiral Co (ROCO:6649) is currently considered Possible Value Trap. The stock's GF Value™ is NT$59.92, compared to a current price of NT$35.15 — trading 41.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 17.84, which is 10% below median its 10-year median of 19.77 and 672.3% above the Medical Devices & Instruments industry median of 2.31. Taiwan Biomateiral Co's overall GF Score™ is 77/100 with 3 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 Taiwan Biomateiral Co (ROCO:6649), the current Cyclically Adjusted PS Ratio is 17.84 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 Taiwan Biomateiral Co (ROCO:6649) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Biomateiral Co stock appears to be undervalued.
The current stock price of NT$35.15 is trading 41.3% below its estimated GF Value™ of NT$59.92.
GuruFocus considers Taiwan Biomateiral Co to be Possible Value Trap.
Key valuation signals for ROCO:6649:
Cyclically Adjusted PS Ratio: 17.84 (10% below median its 10-year median of 19.77)
GF Value™: NT$59.92 vs. price of NT$35.15 (41.3% below fair value)
Industry Position: 672.3% above the Medical Devices & Instruments median (#501 of 525)
No single metric tells the full story. See the ROCO:6649 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Biomateiral Co Ltd is an applied technology Research and Development Institute in Taiwan. It is engaged in the research and development and sales of implantable medical devices. The company's products include Foamagen, stroke interventional treatment devices.
77GF Score
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