Axiomtek Co (ROCO:3088) Cyclically Adjusted Book per Share: NT$36.36 (As of Dec. 2025)

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:3088 Axiomtek Co Ltd ROCO:3088
65 GF Score
Price NT$126.00
GF Value NT$94.71
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Axiomtek Co Cyclically Adjusted Book per Share?

Axiomtek Co ROCO:3088 -2.33% 65 Cyclically Adjusted Book per Share is NT$36.36 as of Dec. 2025. GuruFocus rates ROCO:3088 with a GF Score™ of 65/100 and a GF Value™ of NT$94.71 (Significantly Overvalued). The stock has 5 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 Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Axiomtek Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$47.805. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is NT$36.36 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Axiomtek Co's average Cyclically Adjusted Book Growth Rate was 8.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.50% 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 Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Axiomtek Co was 11.60% per year. The lowest was 9.30% per year. And the median was 10.25% per year.

As of today (2026-07-21), Axiomtek Co's current stock price is NT$126.00. Axiomtek Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$36.36. Axiomtek Co's Cyclically Adjusted PB Ratio of today is 3.47.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Axiomtek Co was 4.52. The lowest was 1.65. And the median was 2.37.


Axiomtek Co  (ROCO:3088) Cyclically Adjusted Book per Share Explanation

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

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB 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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Axiomtek Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=126.00/36.36
=3.47

* 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 PB Ratio of Axiomtek Co was 4.52. The lowest was 1.65. And the median was 2.37.


Be Aware

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


Axiomtek Co Cyclically Adjusted Book per Share Related Terms


Axiomtek Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Axiomtek Co's Cyclically Adjusted Book 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.

Axiomtek Co Cyclically Adjusted Book per Share Chart

Axiomtek Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.83 27.85 30.61 33.42 36.36

Axiomtek Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Cyclically Adjusted Book 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 33.42 34.33 35.16 35.91 36.36

ROCO:3088 vs SNDK, DELL, STX: Cyclically Adjusted Book per Share Comparison

For the Computer Hardware subindustry, Axiomtek Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Axiomtek Co Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Axiomtek Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Axiomtek Co's Cyclically Adjusted PB Ratio falls into.


ROCO:3088
65GF Score
Axiomtek Co Ltd ROCO:3088
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axiomtek Co Cyclically Adjusted Book 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 Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

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

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value 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 Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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, Axiomtek Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book= Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=47.805/324.0540*324.0540
=47.805

Current CPI (Dec. 2025) = 324.0540.

Axiomtek Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 20.680 238.132 28.142
201606 17.679 241.018 23.770
201609 18.596 241.428 24.960
201612 20.083 241.432 26.956
201703 20.082 243.801 26.692
201706 25.685 244.955 33.979
201709 26.849 246.819 35.251
201712 27.184 246.524 35.733
201803 28.105 249.554 36.495
201806 24.506 251.989 31.514
201809 25.715 252.439 33.010
201812 26.997 251.233 34.822
201903 28.331 254.202 36.116
201906 26.974 256.143 34.126
201909 28.136 256.759 35.510
201912 28.938 256.974 36.492
202003 29.769 258.115 37.374
202006 27.335 257.797 34.360
202009 28.063 260.280 34.939
202012 28.817 260.474 35.851
202103 27.777 264.877 33.983
202106 28.184 271.696 33.615
202109 29.947 274.310 35.378
202112 31.067 278.802 36.109
202203 29.944 287.504 33.751
202206 30.948 296.311 33.846
202209 33.390 296.808 36.455
202212 35.404 296.797 38.655
202303 34.387 301.836 36.918
202306 36.821 305.109 39.107
202309 40.214 307.789 42.339
202312 41.366 306.746 43.700
202403 38.925 312.332 40.386
202406 40.712 314.175 41.992
202409 42.814 315.301 44.003
202412 45.283 315.605 46.495
202503 44.484 319.799 45.076
202506 43.064 322.561 43.263
202509 45.426 324.800 45.322
202512 47.805 324.054 47.805

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of NT$36.36 mean?
Axiomtek Co (ROCO:3088) has a Cyclically Adjusted Book per Share of NT$36.36 as of Dec. 2025. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Axiomtek Co and its competitors.
Is Axiomtek Co's Cyclically Adjusted Book per Share too high?
Axiomtek Co's current Cyclically Adjusted Book per Share is NT$36.36. Overall, Axiomtek Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Axiomtek Co's Cyclically Adjusted Book per Share compare to SNDK and DELL?
Axiomtek Co's Cyclically Adjusted Book per Share of NT$36.36 can be compared against companies in the Hardware 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 Book per Share for a Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware industry context. However, Cyclically Adjusted Book 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 Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Axiomtek Co and its competitors. Axiomtek Co's current Cyclically Adjusted Book per Share is NT$36.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axiomtek Co stock overvalued right now?
Based on GuruFocus' analysis, Axiomtek Co (ROCO:3088) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$94.71, compared to a current price of NT$126.00 — trading 33% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$36.36. Axiomtek Co's overall GF Score™ is 65/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Axiomtek Co (ROCO:3088), the current Cyclically Adjusted Book per Share is NT$36.36 as of Dec. 2025. 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 Axiomtek Co (ROCO:3088) Overvalued in 2026?

Based on GuruFocus' analysis, Axiomtek Co stock appears to be overvalued. The current stock price of NT$126.00 is trading 33% above its estimated GF Value™ of NT$94.71. GuruFocus considers Axiomtek Co to be Significantly Overvalued.

Key valuation signals for ROCO:3088:

  • Cyclically Adjusted Book per Share: NT$36.36
  • GF Value™: NT$94.71 vs. price of NT$126.00 (33% above fair value)
  • GF Score™: 65/100 with 5 warning signs

No single metric tells the full story. See the ROCO:3088 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Axiomtek Co Business Description

Address No. 55, Nanxing Road, 8th Floor, New Taipei City, Xizhi District, Taipei, TWN, 221026
Axiomtek Co Ltd is a Taiwan-based company engaged in designing, manufacturing, and sales of PC-based industrial computer products and peripherals. The company's products are Industrial PCs, Single Board Computers, System on Modules, Fanless and Rugged Embedded Systems, Intelligent Transportation Systems, Touch Panel Computers, Medical Panel Computers, and others. The company's reportable segments are Taiwan, USA, Europe, and Others. The majority of revenue is derived from the USA segment.
65GF Score

Get the complete analysis for ROCO:3088

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

NT$126.00
Price
NT$94.71
GF Value