Taiwan Television Enterprise Co (ROCO:8329) Cyclically Adjusted PS Ratio: 2.20 (As of Aug. 28, 2026) — 38% Above Median

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ROCO:8329 Taiwan Television Enterprise Co Ltd ROCO:8329
74 GF Score
Price NT$10.65
GF Value NT$10.28
Valuation Fairly Valued
! 8 Warning Signs
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What is Taiwan Television Enterprise Co Cyclically Adjusted PS Ratio?

Taiwan Television Enterprise Co ROCO:8329 -0.93% 74 Cyclically Adjusted PS Ratio is 2.20 as of Aug. 28, 2026, which is 38% above its 10-year median of 1.60. GuruFocus rates ROCO:8329 with a GF Score™ of 74/100 and a GF Value™ of NT$10.28 (Fairly Valued). The stock has 8 warning signs investors should review. Among 731 Media - Diversified companies, Taiwan Television Enterprise Co ranks worse than 78.93% on this metric.

As of today (2026-08-28), Taiwan Television Enterprise Co's current share price is NT$10.65. Taiwan Television Enterprise Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was NT$4.84. Taiwan Television Enterprise Co's Cyclically Adjusted PS Ratio for today is 2.20.

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

ROCO:8329' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.12   Med: 1.6   Max: 2.9
Current: 2.22

During the past 13 years, Taiwan Television Enterprise Co's highest Cyclically Adjusted PS Ratio was 2.90. The lowest was 1.12. And the median was 1.60.

ROCO:8329's Cyclically Adjusted PS Ratio is ranked worse than
78.93% of 731 companies
in the Media - Diversified industry
Industry Median: 0.77 vs ROCO:8329: 2.22

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 Television Enterprise Co's adjusted revenue per share data of for the fiscal year that ended in Dec25 was NT$3.415. 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$4.84 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Television Enterprise Co  (ROCO:8329) 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 Television Enterprise Co Cyclically Adjusted PS Ratio Related Terms


Taiwan Television Enterprise Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Taiwan Television 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.

Taiwan Television Enterprise Co Cyclically Adjusted PS Ratio Chart

Taiwan Television 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 1.66 1.44 1.59 2.58 2.20

Taiwan Television Enterprise Co Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 0.00 2.58 0.00 2.20 0.00

ROCO:8329 vs NXST: Cyclically Adjusted PS Ratio Comparison

For the Broadcasting subindustry, Taiwan Television 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.


Taiwan Television Enterprise Co Cyclically Adjusted PS Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Taiwan Television Enterprise Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Taiwan Television Enterprise Co's Cyclically Adjusted PS Ratio falls into.


ROCO:8329
74GF Score
Taiwan Television Enterprise Co Ltd ROCO:8329
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Television 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.

Taiwan Television Enterprise Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.65/4.84
=2.20

* 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 Television Enterprise Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Taiwan Television Enterprise Co'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)
=3.415/324.0540*324.0540
=3.415

Current CPI (Dec25) = 324.0540.

Taiwan Television Enterprise Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 4.416 241.432 5.927
201712 4.058 246.524 5.334
201812 4.129 251.233 5.326
201912 4.264 256.974 5.377
202012 3.746 260.474 4.660
202112 4.000 278.802 4.649
202212 4.541 296.797 4.958
202312 4.435 306.746 4.685
202412 3.997 315.605 4.104
202512 3.415 324.054 3.415

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 2.20 mean?
Taiwan Television Enterprise Co (ROCO:8329) has a Cyclically Adjusted PS Ratio of 2.20 as of Aug. 28, 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 Television Enterprise Co and its competitors. This is 38% above median its historical median of 1.60. Over the past decade, Taiwan Television Enterprise Co's Cyclically Adjusted PS Ratio has ranged from 1.12 to 2.90. According to the industry distribution chart, Taiwan Television Enterprise Co ranks #577 out of 731 companies in the Media - Diversified industry, placing it in the top 78.9%.
Is Taiwan Television Enterprise Co's Cyclically Adjusted PS Ratio too high?
Taiwan Television Enterprise Co's current Cyclically Adjusted PS Ratio of 2.20 is 38% above median its 10-year median of 1.60. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 2.90. The Media - Diversified industry median Cyclically Adjusted PS Ratio is 0.77. Taiwan Television Enterprise Co's value of 2.20 is 185.7% above this industry median. Based on the distribution chart, Taiwan Television Enterprise Co ranks #577 out of 731 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Taiwan Television Enterprise Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Television Enterprise Co's Cyclically Adjusted PS Ratio compare to NXST?
According to the Media - Diversified industry distribution chart, Taiwan Television Enterprise Co ranks #577 out of 731 companies for Cyclically Adjusted PS Ratio. This places Taiwan Television Enterprise Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.77. Taiwan Television Enterprise Co's value of 2.20 is 185.7% above this benchmark. Historically, Taiwan Television Enterprise Co's own Cyclically Adjusted PS Ratio has ranged from 1.12 to 2.90 over the past decade. While the company's 10-year median is 1.60 vs. the industry median of 0.77, Taiwan Television 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 Media - Diversified company?
The median Cyclically Adjusted PS Ratio among Media - Diversified companies is 0.77, based on 731 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 Television Enterprise Co's current Cyclically Adjusted PS Ratio of 2.20 is 185.7% 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 Television Enterprise Co and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PS Ratio is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Television Enterprise Co's current Cyclically Adjusted PS Ratio is 2.20, which is 38% above median its own 10-year median of 1.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Television Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Television Enterprise Co (ROCO:8329) is currently considered Fairly Valued. The stock's GF Value™ is NT$10.28, compared to a current price of NT$10.65 — trading 3.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.20, which is 38% above median its 10-year median of 1.60 and 185.7% above the Media - Diversified industry median of 0.77. Taiwan Television Enterprise Co's overall GF Score™ is 74/100 with 8 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 Television Enterprise Co (ROCO:8329), the current Cyclically Adjusted PS Ratio is 2.20 as of Aug. 28, 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 Television Enterprise Co (ROCO:8329) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Television Enterprise Co stock appears to be overvalued. The current stock price of NT$10.65 is trading 3.6% above its estimated GF Value™ of NT$10.28. GuruFocus considers Taiwan Television Enterprise Co to be Fairly Valued.

Key valuation signals for ROCO:8329:

  • Cyclically Adjusted PS Ratio: 2.20 (38% above median its 10-year median of 1.60)
  • GF Value™: NT$10.28 vs. price of NT$10.65 (3.6% above fair value)
  • GF Score™: 74/100 with 8 warning signs
  • Industry Position: 185.7% above the Media - Diversified median (#577 of 731)

No single metric tells the full story. See the ROCO:8329 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Television Enterprise Co Business Description

Address No.10, Section 3, Bade Road, Songshan District, Taipei, TWN, 105
Taiwan Television Enterprise Co Ltd is a Taiwan based company engages in the production of a television program, radio and television advertising, and program distribution.
74GF Score

Get the complete analysis for ROCO:8329

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

NT$10.65
Price
NT$10.28
GF Value