CKM Applied Materials (ROCO:8930) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:8930 CKM Applied Materials Corp ROCO:8930
89 GF Score
Price NT$28.80
GF Value NT$31.35
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is CKM Applied Materials Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


CKM Applied Materials  (ROCO:8930) 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.


CKM Applied Materials Cyclically Adjusted PS Ratio Related Terms


CKM Applied Materials Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for CKM Applied Materials'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.

CKM Applied Materials Cyclically Adjusted PS Ratio Chart

CKM Applied Materials 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 0.98 2.25 2.03 1.85

CKM Applied Materials 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 1.83 1.71 1.84 1.65 1.49

ROCO:8930 vs TT, JCI, CARR: Cyclically Adjusted PS Ratio Comparison

For the Building Products & Equipment subindustry, CKM Applied Materials'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.


CKM Applied Materials Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, CKM Applied Materials's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where CKM Applied Materials's Cyclically Adjusted PS Ratio falls into.


ROCO:8930
89GF Score
CKM Applied Materials Corp ROCO:8930
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CKM Applied Materials 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.

CKM Applied Materials's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, CKM Applied Materials'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)
=4.519/333.9520*333.9520
=4.519

Current CPI (Jun. 2026) = 333.9520.

CKM Applied Materials Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.705 241.018 5.134
201609 3.161 241.428 4.372
201703 3.432 243.801 4.701
201706 3.165 244.955 4.315
201709 3.288 246.819 4.449
201712 3.175 246.524 4.301
201803 3.491 249.554 4.672
201806 3.462 251.989 4.588
201809 3.286 252.439 4.347
201812 3.966 251.233 5.272
201903 3.138 254.202 4.122
201906 3.477 256.143 4.533
201909 3.478 256.759 4.524
201912 3.402 256.974 4.421
202003 2.724 258.115 3.524
202006 2.674 257.797 3.464
202009 3.299 260.280 4.233
202012 3.459 260.474 4.435
202103 3.407 264.877 4.295
202106 3.935 271.696 4.837
202109 3.939 274.310 4.795
202112 4.130 278.802 4.947
202203 4.024 287.504 4.674
202206 4.123 296.311 4.647
202209 3.583 296.808 4.031
202212 4.275 296.797 4.810
202303 4.180 301.836 4.625
202306 4.495 305.109 4.920
202309 4.784 307.789 5.191
202312 5.126 306.746 5.581
202403 4.597 312.332 4.915
202406 4.701 314.175 4.997
202409 4.664 315.301 4.940
202412 4.811 315.605 5.091
202503 4.233 319.799 4.420
202506 4.780 322.561 4.949
202509 4.224 324.800 4.343
202512 4.104 324.054 4.229
202603 4.283 330.213 4.331
202606 4.519 333.952 4.519

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.

Is CKM Applied Materials (ROCO:8930) Overvalued in 2026?

Based on GuruFocus' analysis, CKM Applied Materials stock appears to be undervalued. The current stock price of NT$28.80 is trading 8.1% below its estimated GF Value™ of NT$31.35. GuruFocus considers CKM Applied Materials to be Fairly Valued.

Key valuation signals for ROCO:8930:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: NT$31.35 vs. price of NT$28.80 (8.1% below fair value)
  • GF Score™: 89/100 with 3 warning signs

No single metric tells the full story. See the ROCO:8930 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CKM Applied Materials Business Description

Address No. 9, Gongye Road, Guantian District, Tainan, TWN, 720008
CKM Applied Materials Corp is engaged in the manufacturing and sales of light steel frames, metal ceilings, and fireproof doors, along with related import and export operations, as well as the production and distribution of various machinery. It provides ceiling suspension systems, partition framework systems, and metal ceilings with a wide range of applications, including governmental buildings, hospitals, schools, department stores, hotels, factories, public buildings, residential buildings, and commercial buildings. Its products include Ceiling Suspension System, Metal Ceilings, and Micro-perforated acoustic products. The company has one reportable segment and is mainly engaged in the manufacturing and sales of a single product, light steel frames.
89GF Score

Get the complete analysis for ROCO:8930

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

NT$28.80
Price
NT$31.35
GF Value