Shen's Art Printing Co (ROCO:8921) Cyclically Adjusted PS Ratio: 1.16 (As of Aug. 17, 2026) — 20% Above Median

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ROCO:8921 Shen's Art Printing Co Ltd ROCO:8921
65 GF Score
Price NT$17.50
GF Value NT$17.36
Valuation Fairly Valued
! 8 Warning Signs
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What is Shen's Art Printing Co Cyclically Adjusted PS Ratio?

Shen's Art Printing Co ROCO:8921 +0.29% 65 Cyclically Adjusted PS Ratio is 1.16 as of Aug. 17, 2026, which is 20% above its 10-year median of 0.97. GuruFocus rates ROCO:8921 with a GF Score™ of 65/100 and a GF Value™ of NT$17.36 (Fairly Valued). The stock has 8 warning signs investors should review. Among 720 Business Services companies, Shen's Art Printing Co ranks worse than 57.78% on this metric.

As of today (2026-08-17), Shen's Art Printing Co's current share price is NT$17.50. Shen's Art Printing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$15.04. Shen's Art Printing Co's Cyclically Adjusted PS Ratio for today is 1.16.

The historical rank and industry rank for Shen's Art Printing Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

ROCO:8921' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.78   Med: 0.97   Max: 2.09
Current: 1.16

During the past years, Shen's Art Printing Co's highest Cyclically Adjusted PS Ratio was 2.09. The lowest was 0.78. And the median was 0.97.

ROCO:8921's Cyclically Adjusted PS Ratio is ranked worse than
57.78% of 720 companies
in the Business Services industry
Industry Median: 0.875 vs ROCO:8921: 1.16

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.

Shen's Art Printing Co's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$3.156. 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$15.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shen's Art Printing Co  (ROCO:8921) 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.


Shen's Art Printing Co Cyclically Adjusted PS Ratio Related Terms


Shen's Art Printing Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shen's Art Printing 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.

Shen's Art Printing Co Cyclically Adjusted PS Ratio Chart

Shen's Art Printing 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 0.93 0.94 0.92 1.84 1.20

Shen's Art Printing 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 1.96 1.17 1.15 1.20 1.16

ROCO:8921 vs CTAS, CPRT, GPN: Cyclically Adjusted PS Ratio Comparison

For the Specialty Business Services subindustry, Shen's Art Printing 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.


Shen's Art Printing Co Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Shen's Art Printing Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shen's Art Printing Co's Cyclically Adjusted PS Ratio falls into.


ROCO:8921
65GF Score
Shen's Art Printing Co Ltd ROCO:8921
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shen's Art Printing 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.

Shen's Art Printing Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.50/15.04
=1.16

* 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.

Shen's Art Printing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Shen's Art Printing 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)
=3.156/330.2130*330.2130
=3.156

Current CPI (Mar. 2026) = 330.2130.

Shen's Art Printing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.301 241.018 4.523
201609 2.908 241.428 3.977
201612 3.394 241.432 4.642
201703 2.573 243.801 3.485
201706 2.781 244.955 3.749
201709 2.988 246.819 3.998
201712 3.551 246.524 4.756
201803 2.479 249.554 3.280
201806 2.539 251.989 3.327
201809 2.620 252.439 3.427
201812 3.729 251.233 4.901
201903 2.623 254.202 3.407
201906 2.803 256.143 3.614
201909 2.908 256.759 3.740
201912 3.456 256.974 4.441
202003 2.822 258.115 3.610
202006 2.746 257.797 3.517
202009 2.864 260.280 3.634
202012 3.488 260.474 4.422
202103 2.733 264.877 3.407
202106 2.461 271.696 2.991
202109 2.800 274.310 3.371
202112 3.196 278.802 3.785
202203 2.999 287.504 3.445
202206 3.205 296.311 3.572
202209 3.548 296.808 3.947
202212 4.240 296.797 4.717
202303 3.764 301.836 4.118
202306 3.449 305.109 3.733
202309 3.305 307.789 3.546
202312 3.779 306.746 4.068
202403 3.058 312.332 3.233
202406 3.230 314.175 3.395
202409 3.222 315.301 3.374
202412 4.018 315.605 4.204
202503 3.238 319.799 3.343
202506 3.173 322.561 3.248
202509 3.213 324.800 3.267
202512 3.986 324.054 4.062
202603 3.156 330.213 3.156

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 1.16 mean?
Shen's Art Printing Co (ROCO:8921) has a Cyclically Adjusted PS Ratio of 1.16 as of Aug. 17, 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 Shen's Art Printing Co and its competitors. This is 20% above median its historical median of 0.97. Over the past decade, Shen's Art Printing Co's Cyclically Adjusted PS Ratio has ranged from 0.78 to 2.09. According to the industry distribution chart, Shen's Art Printing Co ranks #416 out of 720 companies in the Business Services industry, placing it in the top 57.8%.
Is Shen's Art Printing Co's Cyclically Adjusted PS Ratio too high?
Shen's Art Printing Co's current Cyclically Adjusted PS Ratio of 1.16 is 20% above median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 2.09. The Business Services industry median Cyclically Adjusted PS Ratio is 0.88. Shen's Art Printing Co's value of 1.16 is 32.6% above this industry median. Based on the distribution chart, Shen's Art Printing Co ranks #416 out of 720 companies in the Business Services industry, which is below the industry midpoint. Overall, Shen's Art Printing Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shen's Art Printing Co's Cyclically Adjusted PS Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Shen's Art Printing Co ranks #416 out of 720 companies for Cyclically Adjusted PS Ratio. This places Shen's Art Printing Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.88. Shen's Art Printing Co's value of 1.16 is 32.6% above this benchmark. Historically, Shen's Art Printing Co's own Cyclically Adjusted PS Ratio has ranged from 0.78 to 2.09 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 0.88, Shen's Art Printing 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 0.88, based on 720 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. Shen's Art Printing Co's current Cyclically Adjusted PS Ratio of 1.16 is 32.6% 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 Shen's Art Printing Co and its competitors. For the Business Services industry, the median Cyclically Adjusted PS Ratio is 0.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shen's Art Printing Co's current Cyclically Adjusted PS Ratio is 1.16, which is 20% above median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shen's Art Printing Co stock overvalued right now?
Based on GuruFocus' analysis, Shen's Art Printing Co (ROCO:8921) is currently considered Fairly Valued. The stock's GF Value™ is NT$17.36, compared to a current price of NT$17.50 — trading 0.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.16, which is 20% above median its 10-year median of 0.97 and 32.6% above the Business Services industry median of 0.88. Shen's Art Printing Co's overall GF Score™ is 65/100 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 Shen's Art Printing Co (ROCO:8921), the current Cyclically Adjusted PS Ratio is 1.16 as of Aug. 17, 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 Shen's Art Printing Co (ROCO:8921) Overvalued in 2026?

Based on GuruFocus' analysis, Shen's Art Printing Co stock appears to be overvalued. The current stock price of NT$17.50 is trading 0.8% above its estimated GF Value™ of NT$17.36. GuruFocus considers Shen's Art Printing Co to be Fairly Valued.

Key valuation signals for ROCO:8921:

  • Cyclically Adjusted PS Ratio: 1.16 (20% above median its 10-year median of 0.97)
  • GF Value™: NT$17.36 vs. price of NT$17.50 (0.8% above fair value)
  • GF Score™: 65/100 with 8 warning signs
  • Industry Position: 32.6% above the Business Services median (#416 of 720)

No single metric tells the full story. See the ROCO:8921 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shen's Art Printing Co Business Description

Address Zhongyang Road, 3rd Floor, No.7, Lane 365, Section 1, Tucheng District, New Taipei City, Taipei, TWN, 236
Shen's Art Printing Co Ltd is engaged in the manufacture and distribution of printing products in Taiwan. It provides cultural printing services which offer books, posters, magazines and calendars, and commercial printing products, such as posters, catalogs, direct mails (DMs) and instruction books.
65GF Score

Get the complete analysis for ROCO:8921

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

NT$17.50
Price
NT$17.36
GF Value