Bai ShA Technology Co (ROCO:8401) Cyclically Adjusted PS Ratio: 0.93 (As of Aug. 06, 2026) — 24% Above Median

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ROCO:8401 Bai ShA Technology Co Ltd ROCO:8401
81 GF Score
Price NT$22.80
GF Value NT$22.65
Valuation Fairly Valued
! 3 Warning Signs
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What is Bai ShA Technology Co Cyclically Adjusted PS Ratio?

Bai ShA Technology Co ROCO:8401 81 Cyclically Adjusted PS Ratio is 0.93 as of Aug. 06, 2026, which is 24% above its 10-year median of 0.75. GuruFocus rates ROCO:8401 with a GF Score™ of 81/100 and a GF Value™ of NT$22.65 (Fairly Valued). The stock has 3 warning signs investors should review. Among 718 Business Services companies, Bai ShA Technology Co ranks worse than 50.56% on this metric.

As of today (2026-08-06), Bai ShA Technology Co's current share price is NT$22.80. Bai ShA Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$24.50. Bai ShA Technology Co's Cyclically Adjusted PS Ratio for today is 0.93.

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

ROCO:8401' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.75   Max: 1.36
Current: 0.93

During the past years, Bai ShA Technology Co's highest Cyclically Adjusted PS Ratio was 1.36. The lowest was 0.35. And the median was 0.75.

ROCO:8401's Cyclically Adjusted PS Ratio is ranked worse than
50.56% of 718 companies
in the Business Services industry
Industry Median: 0.91 vs ROCO:8401: 0.93

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.

Bai ShA Technology Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$5.216. 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$24.50 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bai ShA Technology Co  (ROCO:8401) 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.


Bai ShA Technology Co Cyclically Adjusted PS Ratio Related Terms


Bai ShA Technology Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Bai ShA Technology 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.

Bai ShA Technology Co Cyclically Adjusted PS Ratio Chart

Bai ShA Technology 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 0.58 0.74 0.77 1.18 1.20

Bai ShA Technology Co 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 1.16 1.05 1.18 1.20 1.01

ROCO:8401 vs CTAS, CPRT, GPN: Cyclically Adjusted PS Ratio Comparison

For the Specialty Business Services subindustry, Bai ShA Technology 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.


Bai ShA Technology Co Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Bai ShA Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ROCO:8401
81GF Score
Bai ShA Technology Co Ltd ROCO:8401
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bai ShA Technology 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.

Bai ShA Technology Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.80/24.50
=0.93

* 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.

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

For example, Bai ShA Technology Co'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)
=5.216/330.2130*330.2130
=5.216

Current CPI (Mar. 2026) = 330.2130.

Bai ShA Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 5.083 241.018 6.964
201609 4.635 241.428 6.340
201612 5.736 241.432 7.845
201703 4.447 243.801 6.023
201706 5.231 244.955 7.052
201709 4.885 246.819 6.536
201712 5.610 246.524 7.514
201803 4.426 249.554 5.857
201806 4.780 251.989 6.264
201809 4.855 252.439 6.351
201812 5.741 251.233 7.546
201903 4.145 254.202 5.384
201906 4.709 256.143 6.071
201909 4.237 256.759 5.449
201912 4.946 256.974 6.356
202003 3.573 258.115 4.571
202006 4.370 257.797 5.598
202009 4.791 260.280 6.078
202012 5.281 260.474 6.695
202103 4.407 264.877 5.494
202106 4.690 271.696 5.700
202109 4.520 274.310 5.441
202112 5.429 278.802 6.430
202203 4.621 287.504 5.307
202206 5.239 296.311 5.838
202209 5.495 296.808 6.113
202212 6.360 296.797 7.076
202303 4.562 301.836 4.991
202306 5.219 305.109 5.648
202309 5.308 307.789 5.695
202312 9.352 306.746 10.067
202403 5.157 312.332 5.452
202406 5.378 314.175 5.653
202409 5.424 315.301 5.681
202412 6.133 315.605 6.417
202503 4.972 319.799 5.134
202506 5.428 322.561 5.557
202509 5.614 324.800 5.708
202512 5.825 324.054 5.936
202603 5.216 330.213 5.216

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 0.93 mean?
Bai ShA Technology Co (ROCO:8401) has a Cyclically Adjusted PS Ratio of 0.93 as of Aug. 06, 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 Bai ShA Technology Co and its competitors. This is 24% above median its historical median of 0.75. Over the past decade, Bai ShA Technology Co's Cyclically Adjusted PS Ratio has ranged from 0.35 to 1.36. According to the industry distribution chart, Bai ShA Technology Co ranks #363 out of 718 companies in the Business Services industry, placing it in the top 50.6%.
Is Bai ShA Technology Co's Cyclically Adjusted PS Ratio too high?
Bai ShA Technology Co's current Cyclically Adjusted PS Ratio of 0.93 is 24% above median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 1.36. The Business Services industry median Cyclically Adjusted PS Ratio is 0.91. Bai ShA Technology Co's value of 0.93 is 2.2% above this industry median. Based on the distribution chart, Bai ShA Technology Co ranks #363 out of 718 companies in the Business Services industry, which is below the industry midpoint. Overall, Bai ShA Technology Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bai ShA Technology Co's Cyclically Adjusted PS Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Bai ShA Technology Co ranks #363 out of 718 companies for Cyclically Adjusted PS Ratio. This places Bai ShA Technology Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.91. Bai ShA Technology Co's value of 0.93 is 2.2% above this benchmark. Historically, Bai ShA Technology Co's own Cyclically Adjusted PS Ratio has ranged from 0.35 to 1.36 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 0.91, Bai ShA Technology 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 Business Services company?
The median Cyclically Adjusted PS Ratio among Business Services companies is 0.91, based on 718 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. Bai ShA Technology Co's current Cyclically Adjusted PS Ratio of 0.93 is 2.2% 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 Bai ShA Technology Co and its competitors. For the Business Services industry, the median Cyclically Adjusted PS Ratio is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bai ShA Technology Co's current Cyclically Adjusted PS Ratio is 0.93, which is 24% above median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bai ShA Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Bai ShA Technology Co (ROCO:8401) is currently considered Fairly Valued. The stock's GF Value™ is NT$22.65, compared to a current price of NT$22.80 — trading 0.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.93, which is 24% above median its 10-year median of 0.75 and 2.2% above the Business Services industry median of 0.91. Bai ShA Technology Co's overall GF Score™ is 81/100 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 Bai ShA Technology Co (ROCO:8401), the current Cyclically Adjusted PS Ratio is 0.93 as of Aug. 06, 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 Bai ShA Technology Co (ROCO:8401) Overvalued in 2026?

Based on GuruFocus' analysis, Bai ShA Technology Co stock appears to be overvalued. The current stock price of NT$22.80 is trading 0.7% above its estimated GF Value™ of NT$22.65. GuruFocus considers Bai ShA Technology Co to be Fairly Valued.

Key valuation signals for ROCO:8401:

  • Cyclically Adjusted PS Ratio: 0.93 (24% above median its 10-year median of 0.75)
  • GF Value™: NT$22.65 vs. price of NT$22.80 (0.7% above fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 2.2% above the Business Services median (#363 of 718)

No single metric tells the full story. See the ROCO:8401 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bai ShA Technology Co Business Description

Address No.116, Sec. 1, Xiangshun Road, Taiping district, Taichung, TWN, 411042
Bai ShA Technology Co Ltd is a Taiwan based company engages in the production and sale of commercial printing products. Its products include business cards, posters, wedding invitations, envelopes, related business printings, books, and class books. Geographically the company operates from Taiwan region.
81GF Score

Get the complete analysis for ROCO:8401

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

NT$22.80
Price
NT$22.65
GF Value