Ideal Bike (ROCO:8933) Cyclically Adjusted PS Ratio: (As of Sep. 21, 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.
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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:8933 Ideal Bike Corp ROCO:8933
57 GF Score
Price NT$4.57
GF Value NT$4.54
Valuation Fairly Valued
! 4 Warning Signs
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What is Ideal Bike Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ideal Bike  (ROCO:8933) 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.


Ideal Bike Cyclically Adjusted PS Ratio Related Terms


Ideal Bike Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ideal Bike'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.

Ideal Bike Cyclically Adjusted PS Ratio Chart

Ideal Bike 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 0.34 0.44 0.29 0.26 0.23

Ideal Bike 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 0.21 0.22 0.24 0.28 0.19

ROCO:8933 vs AS, HAS, LTH: Cyclically Adjusted PS Ratio Comparison

For the Leisure subindustry, Ideal Bike'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.


Ideal Bike Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Ideal Bike's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ROCO:8933
57GF Score
Ideal Bike Corp ROCO:8933
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ideal Bike 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.

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

For example, Ideal Bike'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)
=2.095/333.9520*333.9520
=2.095

Current CPI (Jun. 2026) = 333.9520.

Ideal Bike Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 10.537 241.428 14.575
201612 10.415 241.432 14.406
201703 7.836 243.801 10.734
201706 8.850 244.955 12.065
201709 9.679 246.819 13.096
201712 10.671 246.524 14.455
201803 8.506 249.554 11.383
201806 7.553 251.989 10.010
201809 6.643 252.439 8.788
201812 5.948 251.233 7.906
201903 5.121 254.202 6.728
201906 5.705 256.143 7.438
201909 6.210 256.759 8.077
201912 5.404 256.974 7.023
202003 4.572 258.115 5.915
202006 4.097 257.797 5.307
202009 4.668 260.280 5.989
202012 4.001 260.474 5.130
202103 3.610 264.877 4.551
202106 3.642 271.696 4.477
202109 4.062 274.310 4.945
202112 4.609 278.802 5.521
202203 3.705 287.504 4.304
202206 4.253 296.311 4.793
202209 5.565 296.808 6.261
202212 4.773 296.797 5.371
202303 3.423 301.836 3.787
202306 2.818 305.109 3.084
202309 3.029 307.789 3.286
202312 1.397 306.746 1.521
202403 2.059 312.332 2.202
202406 2.378 314.175 2.528
202409 1.713 315.301 1.814
202412 2.277 315.605 2.409
202503 2.277 319.799 2.378
202506 2.192 322.561 2.269
202509 1.385 324.800 1.424
202512 0.864 324.054 0.890
202603 1.490 330.213 1.507
202606 2.095 333.952 2.095

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 Ideal Bike (ROCO:8933) Overvalued in 2026?

Based on GuruFocus' analysis, Ideal Bike stock appears to be overvalued. The current stock price of NT$4.57 is trading 0.7% above its estimated GF Value™ of NT$4.54. GuruFocus considers Ideal Bike to be Fairly Valued.

Key valuation signals for ROCO:8933:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: NT$4.54 vs. price of NT$4.57 (0.7% above fair value)
  • GF Score™: 57/100 with 4 warning signs

No single metric tells the full story. See the ROCO:8933 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ideal Bike Business Description

Address No. 497, Gangbu Road, Section 1, Wuqi District, Taichung City, TWN, 435
Ideal Bike Corp is engaged in manufacturing and selling of bicycles. It offers indoor and outdoor sports cars, baby carriages, mini scooters, and parts. The company also manufactures agricultural machinery, steam locomotives, ships, aircraft, and other parts. Its reportable segments involve the Manufacturing (OEM) segment and Other segments. It derives maximum revenue from Manufacturing (OEM) segment.
57GF Score

Get the complete analysis for ROCO:8933

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

NT$4.57
Price
NT$4.54
GF Value