Ta-Yuan Cogeneration Co (ROCO:8931) Cyclically Adjusted Revenue per Share: NT$20.18 (As of Mar. 2026)

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ROCO:8931 Ta-Yuan Cogeneration Co Ltd ROCO:8931
76 GF Score
Price NT$40.90
GF Value NT$47.09
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Ta-Yuan Cogeneration Co Cyclically Adjusted Revenue per Share?

Ta-Yuan Cogeneration Co ROCO:8931 -0.37% 76 Cyclically Adjusted Revenue per Share is NT$20.18 as of Mar. 2026. GuruFocus rates ROCO:8931 with a GF Score™ of 76/100 and a GF Value™ of NT$47.09 (Modestly Undervalued). The stock has 8 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Ta-Yuan Cogeneration Co's adjusted revenue per share for the three months ended in Mar. 2026 was NT$5.073. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is NT$20.18 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ta-Yuan Cogeneration Co's average Cyclically Adjusted Revenue Growth Rate was 5.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Ta-Yuan Cogeneration Co was 10.90% per year. The lowest was 6.60% per year. And the median was 9.30% per year.

As of today (2026-08-05), Ta-Yuan Cogeneration Co's current stock price is NT$40.90. Ta-Yuan Cogeneration Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$20.18. Ta-Yuan Cogeneration Co's Cyclically Adjusted PS Ratio of today is 2.03.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ta-Yuan Cogeneration Co was 4.64. The lowest was 1.86. And the median was 2.33.


Ta-Yuan Cogeneration Co  (ROCO:8931) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Ta-Yuan Cogeneration Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=40.90/20.18
=2.03

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ta-Yuan Cogeneration Co was 4.64. The lowest was 1.86. And the median was 2.33.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Ta-Yuan Cogeneration Co Cyclically Adjusted Revenue per Share Related Terms


Ta-Yuan Cogeneration Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Ta-Yuan Cogeneration Co's Cyclically Adjusted Revenue per Share 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.

Ta-Yuan Cogeneration Co Cyclically Adjusted Revenue per Share Chart

Ta-Yuan Cogeneration Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.28 16.26 17.63 18.71 19.68

Ta-Yuan Cogeneration 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 Revenue per Share 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 19.08 19.39 19.70 19.68 20.18

ROCO:8931 vs NEE, SO, DUK: Cyclically Adjusted Revenue per Share Comparison

For the Utilities - Regulated Electric subindustry, Ta-Yuan Cogeneration 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.


Ta-Yuan Cogeneration Co Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ta-Yuan Cogeneration Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ta-Yuan Cogeneration Co's Cyclically Adjusted PS Ratio falls into.


ROCO:8931
76GF Score
Ta-Yuan Cogeneration Co Ltd ROCO:8931
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Ta-Yuan Cogeneration Co Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Ta-Yuan Cogeneration 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)
=5.073/330.2130*330.2130
=5.073

Current CPI (Mar. 2026) = 330.2130.

Ta-Yuan Cogeneration Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.646 241.018 3.625
201609 2.852 241.428 3.901
201612 2.623 241.432 3.588
201703 2.739 243.801 3.710
201706 3.403 244.955 4.587
201709 4.057 246.819 5.428
201712 3.099 246.524 4.151
201803 3.145 249.554 4.162
201806 3.613 251.989 4.735
201809 4.046 252.439 5.293
201812 3.511 251.233 4.615
201903 3.236 254.202 4.204
201906 3.203 256.143 4.129
201909 3.409 256.759 4.384
201912 3.585 256.974 4.607
202003 3.407 258.115 4.359
202006 3.871 257.797 4.958
202009 4.034 260.280 5.118
202012 3.844 260.474 4.873
202103 3.293 264.877 4.105
202106 4.262 271.696 5.180
202109 4.867 274.310 5.859
202112 3.925 278.802 4.649
202203 3.742 287.504 4.298
202206 4.717 296.311 5.257
202209 7.353 296.808 8.181
202212 7.573 296.797 8.426
202303 6.480 301.836 7.089
202306 5.436 305.109 5.883
202309 5.338 307.789 5.727
202312 4.982 306.746 5.363
202403 4.683 312.332 4.951
202406 5.025 314.175 5.282
202409 5.557 315.301 5.820
202412 5.324 315.605 5.570
202503 5.059 319.799 5.224
202506 4.872 322.561 4.988
202509 5.652 324.800 5.746
202512 4.636 324.054 4.724
202603 5.073 330.213 5.073

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of NT$20.18 mean?
Ta-Yuan Cogeneration Co (ROCO:8931) has a Cyclically Adjusted Revenue per Share of NT$20.18 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ta-Yuan Cogeneration Co and its competitors.
Is Ta-Yuan Cogeneration Co's Cyclically Adjusted Revenue per Share too high?
Ta-Yuan Cogeneration Co's current Cyclically Adjusted Revenue per Share is NT$20.18. Overall, Ta-Yuan Cogeneration Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ta-Yuan Cogeneration Co's Cyclically Adjusted Revenue per Share compare to NEE and SO?
Ta-Yuan Cogeneration Co's Cyclically Adjusted Revenue per Share of NT$20.18 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Utilities - Regulated company?
A good Cyclically Adjusted Revenue per Share depends on the Utilities - Regulated industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ta-Yuan Cogeneration Co and its competitors. Ta-Yuan Cogeneration Co's current Cyclically Adjusted Revenue per Share is NT$20.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ta-Yuan Cogeneration Co stock overvalued right now?
Based on GuruFocus' analysis, Ta-Yuan Cogeneration Co (ROCO:8931) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$47.09, compared to a current price of NT$40.90 — trading 13.1% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$20.18. Ta-Yuan Cogeneration Co's overall GF Score™ is 76/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Ta-Yuan Cogeneration Co (ROCO:8931), the current Cyclically Adjusted Revenue per Share is NT$20.18 as of Mar. 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 Ta-Yuan Cogeneration Co (ROCO:8931) Overvalued in 2026?

Based on GuruFocus' analysis, Ta-Yuan Cogeneration Co stock appears to be undervalued. The current stock price of NT$40.90 is trading 13.1% below its estimated GF Value™ of NT$47.09. GuruFocus considers Ta-Yuan Cogeneration Co to be Modestly Undervalued.

Key valuation signals for ROCO:8931:

  • Cyclically Adjusted Revenue per Share: NT$20.18
  • GF Value™: NT$47.09 vs. price of NT$40.90 (13.1% below fair value)
  • GF Score™: 76/100 with 8 warning signs

No single metric tells the full story. See the ROCO:8931 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ta-Yuan Cogeneration Co Business Description

Address Chaoyin North Road, No. 276, Dayuan District, Taoyuan, TWN
Ta-Yuan Cogeneration Co Ltd engages mainly in operating the cogeneration business, operating and repairing equipment, processing waste disposal, managing incinerators, and processing refuse-derived fuel. It is involved in the operation, management, and maintenance of cogeneration plants, as well as waste disposal and incinerator management. Through the development of cogeneration, the company focuses on supplying power to industrial areas and balancing peak and off-peak electricity demand. The company's reportable segments are: Plant of Cogeneration, which generates the maximum revenue, and Plant of Renewable Energy. Geographically, it operates only in Taiwan.
76GF Score

Get the complete analysis for ROCO:8931

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

NT$40.90
Price
NT$47.09
GF Value