Her Chee Industrial Co (ROCO:8937) Cyclically Adjusted PS Ratio: 28.98 (As of Aug. 30, 2026) — 860% Above Median

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ROCO:8937 Her Chee Industrial Co Ltd ROCO:8937
45 GF Score
Price NT$28.40
GF Value NT$60.28
Valuation Possible Value Trap
! 8 Warning Signs
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What is Her Chee Industrial Co Cyclically Adjusted PS Ratio?

Her Chee Industrial Co ROCO:8937 +7.37% 45 Cyclically Adjusted PS Ratio is 28.98 as of Aug. 30, 2026, which is 860% above its 10-year median of 3.02. GuruFocus rates ROCO:8937 with a GF Score™ of 45/100 and a GF Value™ of NT$60.28 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,038 Vehicles & Parts companies, Her Chee Industrial Co ranks worse than 99.81% on this metric.

As of today (2026-08-30), Her Chee Industrial Co's current share price is NT$28.40. Her Chee Industrial Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was NT$0.98. Her Chee Industrial Co's Cyclically Adjusted PS Ratio for today is 28.98.

The historical rank and industry rank for Her Chee Industrial Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

ROCO:8937' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.04   Med: 3.02   Max: 42.59
Current: 29.06

During the past years, Her Chee Industrial Co's highest Cyclically Adjusted PS Ratio was 42.59. The lowest was 2.04. And the median was 3.02.

ROCO:8937's Cyclically Adjusted PS Ratio is ranked worse than
99.81% of 1038 companies
in the Vehicles & Parts industry
Industry Median: 0.72 vs ROCO:8937: 29.06

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.

Her Chee Industrial Co's adjusted revenue per share data for the three months ended in Jun. 2026 was NT$0.544. 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$0.98 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Her Chee Industrial Co  (ROCO:8937) 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.


Her Chee Industrial Co Cyclically Adjusted PS Ratio Related Terms


Her Chee Industrial Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Her Chee Industrial 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.

Her Chee Industrial Co Cyclically Adjusted PS Ratio Chart

Her Chee Industrial 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 2.53 2.72 4.16 32.92 39.06

Her Chee Industrial Co 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 34.61 42.93 39.06 37.48 29.42

ROCO:8937 vs BC, PII, THO: Cyclically Adjusted PS Ratio Comparison

For the Recreational Vehicles subindustry, Her Chee Industrial 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.


Her Chee Industrial Co Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Her Chee Industrial Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Her Chee Industrial Co's Cyclically Adjusted PS Ratio falls into.


ROCO:8937
45GF Score
Her Chee Industrial Co Ltd ROCO:8937
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Her Chee Industrial 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.

Her Chee Industrial Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=28.40/0.98
=28.98

* 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.

Her Chee Industrial Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Her Chee Industrial Co'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)
=0.544/333.9520*333.9520
=0.544

Current CPI (Jun. 2026) = 333.9520.

Her Chee Industrial Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.247 241.428 0.342
201612 0.197 241.432 0.272
201703 0.219 243.801 0.300
201706 0.385 244.955 0.525
201709 0.314 246.819 0.425
201712 0.169 246.524 0.229
201803 0.276 249.554 0.369
201806 0.312 251.989 0.413
201809 0.289 252.439 0.382
201812 0.193 251.233 0.257
201903 0.297 254.202 0.390
201906 0.346 256.143 0.451
201909 0.218 256.759 0.284
201912 0.207 256.974 0.269
202003 0.225 258.115 0.291
202006 0.245 257.797 0.317
202009 0.281 260.280 0.361
202012 0.229 260.474 0.294
202103 0.068 264.877 0.086
202106 0.090 271.696 0.111
202109 0.108 274.310 0.131
202112 0.166 278.802 0.199
202203 0.180 287.504 0.209
202206 0.189 296.311 0.213
202209 0.294 296.808 0.331
202212 0.122 296.797 0.137
202303 0.160 301.836 0.177
202306 0.220 305.109 0.241
202309 0.073 307.789 0.079
202312 0.086 306.746 0.094
202403 0.091 312.332 0.097
202406 0.161 314.175 0.171
202409 0.120 315.301 0.127
202412 0.074 315.605 0.078
202503 0.055 319.799 0.057
202506 0.045 322.561 0.047
202509 0.033 324.800 0.034
202512 0.029 324.054 0.030
202603 0.404 330.213 0.409
202606 0.544 333.952 0.544

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 28.98 mean?
Her Chee Industrial Co (ROCO:8937) has a Cyclically Adjusted PS Ratio of 28.98 as of Aug. 30, 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 Her Chee Industrial Co and its competitors. This is 860% above median its historical median of 3.02. Over the past decade, Her Chee Industrial Co's Cyclically Adjusted PS Ratio has ranged from 2.04 to 42.59. According to the industry distribution chart, Her Chee Industrial Co ranks #1036 out of 1038 companies in the Vehicles & Parts industry, placing it in the top 99.8%.
Is Her Chee Industrial Co's Cyclically Adjusted PS Ratio too high?
Her Chee Industrial Co's current Cyclically Adjusted PS Ratio of 28.98 is 860% above median its 10-year median of 3.02. Over the past 10 years, this metric has ranged from a low of 2.04 to a high of 42.59. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.72. Her Chee Industrial Co's value of 28.98 is 3925% above this industry median. Based on the distribution chart, Her Chee Industrial Co ranks #1036 out of 1038 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Her Chee Industrial Co has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Her Chee Industrial Co's Cyclically Adjusted PS Ratio compare to BC and PII?
According to the Vehicles & Parts industry distribution chart, Her Chee Industrial Co ranks #1036 out of 1038 companies for Cyclically Adjusted PS Ratio. This places Her Chee Industrial Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.72. Her Chee Industrial Co's value of 28.98 is 3925% above this benchmark. Historically, Her Chee Industrial Co's own Cyclically Adjusted PS Ratio has ranged from 2.04 to 42.59 over the past decade. While the company's 10-year median is 3.02 vs. the industry median of 0.72, Her Chee Industrial 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 Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.72, based on 1,038 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. Her Chee Industrial Co's current Cyclically Adjusted PS Ratio of 28.98 is 3925% 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 Her Chee Industrial Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Her Chee Industrial Co's current Cyclically Adjusted PS Ratio is 28.98, which is 860% above median its own 10-year median of 3.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Her Chee Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Her Chee Industrial Co (ROCO:8937) is currently considered Possible Value Trap. The stock's GF Value™ is NT$60.28, compared to a current price of NT$28.40 — trading 52.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 28.98, which is 860% above median its 10-year median of 3.02 and 3925% above the Vehicles & Parts industry median of 0.72. Her Chee Industrial Co's overall GF Score™ is 45/100 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 Her Chee Industrial Co (ROCO:8937), the current Cyclically Adjusted PS Ratio is 28.98 as of Aug. 30, 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 Her Chee Industrial Co (ROCO:8937) Overvalued in 2026?

Based on GuruFocus' analysis, Her Chee Industrial Co stock appears to be undervalued. The current stock price of NT$28.40 is trading 52.9% below its estimated GF Value™ of NT$60.28. GuruFocus considers Her Chee Industrial Co to be Possible Value Trap.

Key valuation signals for ROCO:8937:

  • Cyclically Adjusted PS Ratio: 28.98 (860% above median its 10-year median of 3.02)
  • GF Value™: NT$60.28 vs. price of NT$28.40 (52.9% below fair value)
  • GF Score™: 45/100 with 8 warning signs
  • Industry Position: 3925% above the Vehicles & Parts median (#1036 of 1038)

No single metric tells the full story. See the ROCO:8937 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Her Chee Industrial Co Business Description

Address No. 2, Yi-Kung 2 Road, Yi-Chu Industrial Area, Yi-Chu Hsiang, Chia-Yi Hsien, New Taipei, TWN
Her Chee Industrial Co Ltd is mainly engaged in the production of locomotives, locomotive leads, electric locomotives, and other means of transportation, as well as the sale and purchase of parts, and international trade.
45GF Score

Get the complete analysis for ROCO:8937

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

NT$28.40
Price
NT$60.28
GF Value