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Newmax Technology CoROCO:3630 -0.99%60 PS Ratio is 2.23 as of Jul. 25, 2026, which is 31% below its 10-year median of 3.23. GuruFocus rates ROCO:3630 with a GF Score™ of 60/100 and a GF Value™ of NT$38.53 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,472 Hardware companies, Newmax Technology Co ranks worse than 55.46% on this metric.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Newmax Technology Co's share price is NT$25.00.
Newmax Technology Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was NT$11.21. Hence, Newmax Technology Co's PS Ratio for today is 2.23.
Good Sign:
Newmax Technology Co Ltd stock PS Ratio (=2.28) is close to 1-year low of 2.14.
The historical rank and industry rank for Newmax Technology Co's PS Ratio or its related term are showing as below:
ROCO:3630'
s PS Ratio Range Over the Past 10 Years
Min: 1.69 Med: 3.23 Max: 11.3
Current: 2.23
During the past 13 years, Newmax Technology Co's highest PS Ratio was 11.30. The lowest was 1.69. And the median was 3.23.
ROCO:3630's PS Ratio is ranked worse than 55.46% of 2472
companies
in the Hardware industry
Industry Median: 1.81
vs ROCO:3630: 2.23
Newmax Technology Co Ltd revenue per share has been in decline for the last 5 years.
During the past 12 months, the average Revenue per Share Growth Rate of Newmax Technology Co was 9.00% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 9.10% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -5.70% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 0.50% per year.
During the past 13 years, Newmax Technology Co's highest 3-Year average Revenue per Share Growth Rate was 27.50% per year. The lowest was -32.80% per year. And the median was -5.00% per year.
Back to Basics: PS Ratio
Newmax Technology Co (ROCO:3630) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Newmax Technology Co PS Ratio Related Terms
Newmax Technology Co PS Ratio Historical Data
* Premium members only.
The historical data trend for Newmax Technology Co's 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.
For the Electronic Components subindustry, Newmax Technology Co's PS Ratio, along with its competitors' market caps and 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.
Newmax Technology Co PS Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Newmax Technology Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Newmax Technology Co's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Newmax Technology Co's Share Price of today is NT$25.00. Newmax Technology Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$11.21.
* 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.
It can also be calculated from the numbers for the whole company:
Newmax Technology Co (ROCO:3630) has a PS Ratio of 2.23 as of Jul. 25, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Newmax Technology Co and its competitors. This is 31% below median its historical median of 3.23. Over the past decade, Newmax Technology Co's PS Ratio has ranged from 1.69 to 11.30. According to the industry distribution chart, Newmax Technology Co ranks #1371 out of 2472 companies in the Hardware industry, placing it in the top 55.5%.
Is Newmax Technology Co's PS Ratio too high?
Newmax Technology Co's current PS Ratio of 2.23 is 31% below median its 10-year median of 3.23. Over the past 10 years, this metric has ranged from a low of 1.69 to a high of 11.30. The Hardware industry median PS Ratio is 1.81. Newmax Technology Co's value of 2.23 is 23.2% above this industry median. Based on the distribution chart, Newmax Technology Co ranks #1371 out of 2472 companies in the Hardware industry, which is below the industry midpoint. Overall, Newmax Technology Co has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Newmax Technology Co's PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Newmax Technology Co ranks #1371 out of 2472 companies for PS Ratio. This places Newmax Technology Co in the lower half of its industry. The industry median PS Ratio is 1.81. Newmax Technology Co's value of 2.23 is 23.2% above this benchmark. Historically, Newmax Technology Co's own PS Ratio has ranged from 1.69 to 11.30 over the past decade. While the company's 10-year median is 3.23 vs. the industry median of 1.81, Newmax Technology 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 PS Ratio for a Hardware company?
The median PS Ratio among Hardware companies is 1.81, based on 2,472 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Newmax Technology Co's current PS Ratio of 2.23 is 23.2% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Newmax Technology Co and its competitors. For the Hardware industry, the median PS Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Newmax Technology Co's current PS Ratio is 2.23, which is 31% below median its own 10-year median of 3.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newmax Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Newmax Technology Co (ROCO:3630) is currently considered Possible Value Trap. The stock's GF Value™ is NT$38.53, compared to a current price of NT$25.00 — trading 35.1% below its estimated fair value. The current PS Ratio is 2.23, which is 31% below median its 10-year median of 3.23 and 23.2% above the Hardware industry median of 1.81. Newmax Technology Co's overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Newmax Technology Co (ROCO:3630), the current PS Ratio is 2.23 as of Jul. 25, 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 Newmax Technology Co (ROCO:3630) Overvalued in 2026?
Based on GuruFocus' analysis, Newmax Technology Co stock appears to be undervalued.
The current stock price of NT$25.00 is trading 35.1% below its estimated GF Value™ of NT$38.53.
GuruFocus considers Newmax Technology Co to be Possible Value Trap.
Key valuation signals for ROCO:3630:
PS Ratio: 2.23 (31% below median its 10-year median of 3.23)
GF Value™: NT$38.53 vs. price of NT$25.00 (35.1% below fair value)
Industry Position: 23.2% above the Hardware median (#1371 of 2472)
No single metric tells the full story. See the ROCO:3630 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Newmax Technology Co Ltd is a company mainly engaged in the research, design, development, manufacture, and marketing of optics application products. The company manufactures optics mirrors and plastic lenses and sells them to optical equipment manufacturers and computer peripheral digital imaging manufacturers. The company offers photographic/optical equipment, electronic parts/components, and electrical machinery/supplies. The company generates the majority of its revenue from China.
60GF Score
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