Progate Group (ROCO:8227) Cyclically Adjusted PS Ratio: 7.85 (As of Aug. 14, 2026) — 17% Below Median

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ROCO:8227 Progate Group Corp ROCO:8227
80 GF Score
Price NT$157.50
GF Value NT$298.88
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Progate Group Cyclically Adjusted PS Ratio?

Progate Group ROCO:8227 -0.94% 80 Cyclically Adjusted PS Ratio is 7.85 as of Aug. 14, 2026, which is 17% below its 10-year median of 9.41. GuruFocus rates ROCO:8227 with a GF Score™ of 80/100 and a GF Value™ of NT$298.88 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 730 Semiconductors companies, Progate Group ranks worse than 73.15% on this metric.

As of today (2026-08-14), Progate Group's current share price is NT$157.50. Progate Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was NT$20.06. Progate Group's Cyclically Adjusted PS Ratio for today is 7.85.

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

ROCO:8227' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.16   Med: 9.41   Max: 24.24
Current: 7.23

During the past 12 years, Progate Group's highest Cyclically Adjusted PS Ratio was 24.24. The lowest was 6.16. And the median was 9.41.

ROCO:8227's Cyclically Adjusted PS Ratio is ranked worse than
73.15% of 730 companies
in the Semiconductors industry
Industry Median: 3.02 vs ROCO:8227: 7.23

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.

Progate Group's adjusted revenue per share data of for the fiscal year that ended in Dec25 was NT$34.151. 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$20.06 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Progate Group  (ROCO:8227) 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.


Progate Group Cyclically Adjusted PS Ratio Related Terms


Progate Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Progate Group'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.

Progate Group Cyclically Adjusted PS Ratio Chart

Progate Group Annual Data
Trend Dec11 Dec12 Dec13 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 16.00 10.24 7.20

Progate Group 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 0.00 0.00 0.00 7.20 0.00

ROCO:8227 vs NVDA, AVGO, MU: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, Progate Group'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.


Progate Group Cyclically Adjusted PS Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Progate Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ROCO:8227
80GF Score
Progate Group Corp ROCO:8227
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Progate Group 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.

Progate Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=157.50/20.06
=7.85

* 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.

Progate Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Progate Group's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=34.151/324.0540*324.0540
=34.151

Current CPI (Dec25) = 324.0540.

Progate Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201112 10.066 225.672 14.454
201212 8.635 229.601 12.187
201312 8.952 233.049 12.448
201912 11.211 256.974 14.137
202012 11.219 260.474 13.957
202112 16.698 278.802 19.408
202212 27.667 296.797 30.208
202312 29.548 306.746 31.215
202412 17.946 315.605 18.426
202512 34.151 324.054 34.151

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 7.85 mean?
Progate Group (ROCO:8227) has a Cyclically Adjusted PS Ratio of 7.85 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 Progate Group and its competitors. This is 17% below median its historical median of 9.41. Over the past decade, Progate Group's Cyclically Adjusted PS Ratio has ranged from 6.16 to 24.24. According to the industry distribution chart, Progate Group ranks #534 out of 730 companies in the Semiconductors industry, placing it in the top 73.2%.
Is Progate Group's Cyclically Adjusted PS Ratio too high?
Progate Group's current Cyclically Adjusted PS Ratio of 7.85 is 17% below median its 10-year median of 9.41. Over the past 10 years, this metric has ranged from a low of 6.16 to a high of 24.24. The Semiconductors industry median Cyclically Adjusted PS Ratio is 3.02. Progate Group's value of 7.85 is 159.9% above this industry median. Based on the distribution chart, Progate Group ranks #534 out of 730 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Progate Group has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Progate Group's Cyclically Adjusted PS Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Progate Group ranks #534 out of 730 companies for Cyclically Adjusted PS Ratio. This places Progate Group in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.02. Progate Group's value of 7.85 is 159.9% above this benchmark. Historically, Progate Group's own Cyclically Adjusted PS Ratio has ranged from 6.16 to 24.24 over the past decade. While the company's 10-year median is 9.41 vs. the industry median of 3.02, Progate Group 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 Semiconductors company?
The median Cyclically Adjusted PS Ratio among Semiconductors companies is 3.02, based on 730 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. Progate Group's current Cyclically Adjusted PS Ratio of 7.85 is 159.9% 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 Progate Group and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progate Group's current Cyclically Adjusted PS Ratio is 7.85, which is 17% below median its own 10-year median of 9.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progate Group stock overvalued right now?
Based on GuruFocus' analysis, Progate Group (ROCO:8227) is currently considered Possible Value Trap. The stock's GF Value™ is NT$298.88, compared to a current price of NT$157.50 — trading 47.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.85, which is 17% below median its 10-year median of 9.41 and 159.9% above the Semiconductors industry median of 3.02. Progate Group's overall GF Score™ is 80/100 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 Progate Group (ROCO:8227), the current Cyclically Adjusted PS Ratio is 7.85 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 Progate Group (ROCO:8227) Overvalued in 2026?

Based on GuruFocus' analysis, Progate Group stock appears to be undervalued. The current stock price of NT$157.50 is trading 47.3% below its estimated GF Value™ of NT$298.88. GuruFocus considers Progate Group to be Possible Value Trap.

Key valuation signals for ROCO:8227:

  • Cyclically Adjusted PS Ratio: 7.85 (17% below median its 10-year median of 9.41)
  • GF Value™: NT$298.88 vs. price of NT$157.50 (47.3% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 159.9% above the Semiconductors median (#534 of 730)

No single metric tells the full story. See the ROCO:8227 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Progate Group Business Description

Address No.88, Section 1, Neihu Road, 8th Floor, Neihu District, Taipei, TWN, 114
Progate Group Corp is engaged in the development and product design of integrated circuits, the sale and trade of intellectual property, electronic materials, and information software, as well as the wholesale, agency, and import/export trade of related products. Geographically the company operates in Taiwan and China, with majority of the revenue generating from Taiwan.
80GF Score

Get the complete analysis for ROCO:8227

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

NT$157.50
Price
NT$298.88
GF Value