Honey Hope Honesty Enterprise Co (ROCO:8043) Cyclically Adjusted PS Ratio: 1.73 (As of Sep. 07, 2026) — 355% Above Median

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ROCO:8043 Honey Hope Honesty Enterprise Co Ltd ROCO:8043
54 GF Score
Price NT$144.00
GF Value NT$43.27
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Honey Hope Honesty Enterprise Co Cyclically Adjusted PS Ratio?

Honey Hope Honesty Enterprise Co ROCO:8043 +1.41% 54 Cyclically Adjusted PS Ratio is 1.73 as of Sep. 07, 2026, which is 355% above its 10-year median of 0.38. GuruFocus rates ROCO:8043 with a GF Score™ of 54/100 and a GF Value™ of NT$43.27 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,964 Hardware companies, Honey Hope Honesty Enterprise Co ranks worse than 55.65% on this metric.

As of today (2026-09-07), Honey Hope Honesty Enterprise Co's current share price is NT$144.00. Honey Hope Honesty Enterprise Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was NT$83.11. Honey Hope Honesty Enterprise Co's Cyclically Adjusted PS Ratio for today is 1.73.

The historical rank and industry rank for Honey Hope Honesty Enterprise Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

ROCO:8043' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.38   Max: 2.77
Current: 1.71

During the past years, Honey Hope Honesty Enterprise Co's highest Cyclically Adjusted PS Ratio was 2.77. The lowest was 0.27. And the median was 0.38.

ROCO:8043's Cyclically Adjusted PS Ratio is ranked worse than
55.65% of 1964 companies
in the Hardware industry
Industry Median: 1.405 vs ROCO:8043: 1.71

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.

Honey Hope Honesty Enterprise Co's adjusted revenue per share data for the three months ended in Jun. 2026 was NT$21.909. 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$83.11 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Honey Hope Honesty Enterprise Co  (ROCO:8043) 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.


Honey Hope Honesty Enterprise Co Cyclically Adjusted PS Ratio Related Terms


Honey Hope Honesty Enterprise Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Honey Hope Honesty Enterprise 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.

Honey Hope Honesty Enterprise Co Cyclically Adjusted PS Ratio Chart

Honey Hope Honesty Enterprise 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 0.39 0.35 0.36 0.41 1.08

Honey Hope Honesty Enterprise 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 0.28 0.48 1.08 0.85 2.33

ROCO:8043 vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Honey Hope Honesty Enterprise 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.


Honey Hope Honesty Enterprise Co Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Honey Hope Honesty Enterprise Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Honey Hope Honesty Enterprise Co's Cyclically Adjusted PS Ratio falls into.


ROCO:8043
54GF Score
Honey Hope Honesty Enterprise Co Ltd ROCO:8043
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Honey Hope Honesty Enterprise 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.

Honey Hope Honesty Enterprise Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=144.00/83.11
=1.73

* 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.

Honey Hope Honesty Enterprise Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Honey Hope Honesty Enterprise 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)
=21.909/333.9520*333.9520
=21.909

Current CPI (Jun. 2026) = 333.9520.

Honey Hope Honesty Enterprise Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 17.611 241.428 24.360
201612 18.187 241.432 25.157
201703 12.010 243.801 16.451
201706 13.057 244.955 17.801
201709 19.967 246.819 27.016
201712 17.719 246.524 24.003
201803 15.861 249.554 21.225
201806 15.293 251.989 20.267
201809 21.430 252.439 28.350
201812 18.323 251.233 24.356
201903 14.626 254.202 19.215
201906 14.907 256.143 19.435
201909 18.851 256.759 24.518
201912 18.151 256.974 23.588
202003 15.803 258.115 20.446
202006 14.350 257.797 18.589
202009 19.242 260.280 24.688
202012 21.966 260.474 28.162
202103 15.029 264.877 18.948
202106 16.532 271.696 20.320
202109 20.980 274.310 25.542
202112 24.980 278.802 29.921
202203 22.324 287.504 25.931
202206 14.992 296.311 16.896
202209 18.210 296.808 20.489
202212 18.242 296.797 20.526
202303 15.790 301.836 17.470
202306 13.795 305.109 15.099
202309 16.644 307.789 18.059
202312 14.867 306.746 16.186
202403 13.262 312.332 14.180
202406 13.087 314.175 13.911
202409 16.410 315.301 17.381
202412 15.696 315.605 16.608
202503 13.173 319.799 13.756
202506 15.273 322.561 15.812
202509 16.800 324.800 17.273
202512 22.549 324.054 23.238
202603 23.718 330.213 23.987
202606 21.909 333.952 21.909

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 1.73 mean?
Honey Hope Honesty Enterprise Co (ROCO:8043) has a Cyclically Adjusted PS Ratio of 1.73 as of Sep. 07, 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 Honey Hope Honesty Enterprise Co and its competitors. This is 355% above median its historical median of 0.38. Over the past decade, Honey Hope Honesty Enterprise Co's Cyclically Adjusted PS Ratio has ranged from 0.27 to 2.77. According to the industry distribution chart, Honey Hope Honesty Enterprise Co ranks #1093 out of 1964 companies in the Hardware industry, placing it in the top 55.7%.
Is Honey Hope Honesty Enterprise Co's Cyclically Adjusted PS Ratio too high?
Honey Hope Honesty Enterprise Co's current Cyclically Adjusted PS Ratio of 1.73 is 355% above median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 2.77. The Hardware industry median Cyclically Adjusted PS Ratio is 1.41. Honey Hope Honesty Enterprise Co's value of 1.73 is 23.1% above this industry median. Based on the distribution chart, Honey Hope Honesty Enterprise Co ranks #1093 out of 1964 companies in the Hardware industry, which is below the industry midpoint. Overall, Honey Hope Honesty Enterprise Co has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Honey Hope Honesty Enterprise Co's Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Honey Hope Honesty Enterprise Co ranks #1093 out of 1964 companies for Cyclically Adjusted PS Ratio. This places Honey Hope Honesty Enterprise Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.41. Honey Hope Honesty Enterprise Co's value of 1.73 is 23.1% above this benchmark. Historically, Honey Hope Honesty Enterprise Co's own Cyclically Adjusted PS Ratio has ranged from 0.27 to 2.77 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 1.41, Honey Hope Honesty Enterprise 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.41, based on 1,964 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. Honey Hope Honesty Enterprise Co's current Cyclically Adjusted PS Ratio of 1.73 is 23.1% 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 Honey Hope Honesty Enterprise Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honey Hope Honesty Enterprise Co's current Cyclically Adjusted PS Ratio is 1.73, which is 355% above median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honey Hope Honesty Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Honey Hope Honesty Enterprise Co (ROCO:8043) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$43.27, compared to a current price of NT$144.00 — trading 232.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.73, which is 355% above median its 10-year median of 0.38 and 23.1% above the Hardware industry median of 1.41. Honey Hope Honesty Enterprise Co's overall GF Score™ is 54/100 with 4 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 Honey Hope Honesty Enterprise Co (ROCO:8043), the current Cyclically Adjusted PS Ratio is 1.73 as of Sep. 07, 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 Honey Hope Honesty Enterprise Co (ROCO:8043) Overvalued in 2026?

Based on GuruFocus' analysis, Honey Hope Honesty Enterprise Co stock appears to be overvalued. The current stock price of NT$144.00 is trading 232.8% above its estimated GF Value™ of NT$43.27. GuruFocus considers Honey Hope Honesty Enterprise Co to be Significantly Overvalued.

Key valuation signals for ROCO:8043:

  • Cyclically Adjusted PS Ratio: 1.73 (355% above median its 10-year median of 0.38)
  • GF Value™: NT$43.27 vs. price of NT$144.00 (232.8% above fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 23.1% above the Hardware median (#1093 of 1964)

No single metric tells the full story. See the ROCO:8043 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Honey Hope Honesty Enterprise Co Business Description

Address 8th floor, Number 316, Section 1, Neihu Road, Neihu District, Taipei, TWN, 114
Honey Hope Honesty Enterprise Co Ltd is engaged in the distribution of professional electronic components. The company focuses in general import and export (excluding futures), trading of electronic parts, agency for the distribution, quotation and bidding of domestic and foreign manufacturers' products in Taiwan and Asia. It distributes multilayer capacitors, chip inductors, chip Pai Yung, High-Frequency Chip Inductors, and others. The company's segments include: Taiwan; and Asia; and Others, of which it derives maximum revenue from Asia and Others.
54GF Score

Get the complete analysis for ROCO:8043

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

NT$144.00
Price
NT$43.27
GF Value