Aethertek Technology Co (ROCO:3219) Cyclically Adjusted Book per Share: NT$16.05 (As of Dec. 2025)

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ROCO:3219 Aethertek Technology Co Ltd ROCO:3219
75 GF Score
Price NT$72.30
GF Value NT$70.08
Valuation Fairly Valued
! 1 Warning Sign
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What is Aethertek Technology Co Cyclically Adjusted Book per Share?

Aethertek Technology Co ROCO:3219 -1.90% 75 Cyclically Adjusted Book per Share is NT$16.05 as of Dec. 2025. GuruFocus rates ROCO:3219 with a GF Score™ of 75/100 and a GF Value™ of NT$70.08 (Fairly Valued). The stock has 1 warning sign 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.

Aethertek Technology Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$19.584. 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$16.05 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Aethertek Technology Co's average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.60% 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 Aethertek Technology Co was 7.50% per year. The lowest was 4.50% per year. And the median was 6.40% per year.

As of today (2026-07-17), Aethertek Technology Co's current stock price is NT$72.30. Aethertek Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$16.05. Aethertek Technology Co's Cyclically Adjusted PB Ratio of today is 4.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Aethertek Technology Co was 15.39. The lowest was 1.18. And the median was 3.64.


Aethertek Technology Co  (ROCO:3219) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=72.30/16.05
=4.50

* 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 Aethertek Technology Co was 15.39. The lowest was 1.18. And the median was 3.64.


Be Aware

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


Aethertek Technology Co Cyclically Adjusted Book per Share Related Terms


Aethertek Technology Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Aethertek Technology 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.

Aethertek Technology Co Cyclically Adjusted Book per Share Chart

Aethertek Technology 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 12.26 13.47 14.42 15.23 16.05

Aethertek Technology 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 15.23 15.53 15.75 15.97 16.05

ROCO:3219 vs GEV, ETN, PH: Cyclically Adjusted Book per Share Comparison

For the Specialty Industrial Machinery subindustry, Aethertek Technology 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.


Aethertek Technology Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aethertek Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:3219
75GF Score
Aethertek Technology Co Ltd ROCO:3219
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aethertek Technology 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, Aethertek Technology 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)
=19.584/324.0540*324.0540
=19.584

Current CPI (Dec. 2025) = 324.0540.

Aethertek Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 11.303 238.132 15.381
201606 11.398 241.018 15.325
201609 10.162 241.428 13.640
201612 9.294 241.432 12.475
201703 8.639 243.801 11.483
201706 9.292 244.955 12.293
201709 10.133 246.819 13.304
201712 9.879 246.524 12.986
201803 9.159 249.554 11.893
201806 8.597 251.989 11.056
201809 7.752 252.439 9.951
201812 7.983 251.233 10.297
201903 8.500 254.202 10.836
201906 8.557 256.143 10.826
201909 6.092 256.759 7.689
201912 4.515 256.974 5.694
202003 23.589 258.115 29.615
202006 10.822 257.797 13.603
202009 11.305 260.280 14.075
202012 12.246 260.474 15.235
202103 12.257 264.877 14.995
202106 14.102 271.696 16.820
202109 18.111 274.310 21.395
202112 18.464 278.802 21.461
202203 19.114 287.504 21.544
202206 17.244 296.311 18.859
202209 18.691 296.808 20.407
202212 18.676 296.797 20.391
202303 18.089 301.836 19.421
202306 17.585 305.109 18.677
202309 18.745 307.789 19.736
202312 18.046 306.746 19.064
202403 17.804 312.332 18.472
202406 18.429 314.175 19.008
202409 18.519 315.301 19.033
202412 18.523 315.605 19.019
202503 18.606 319.799 18.854
202506 18.126 322.561 18.210
202509 19.323 324.800 19.279
202512 19.584 324.054 19.584

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$16.05 mean?
Aethertek Technology Co (ROCO:3219) has a Cyclically Adjusted Book per Share of NT$16.05 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 Aethertek Technology Co and its competitors.
Is Aethertek Technology Co's Cyclically Adjusted Book per Share too high?
Aethertek Technology Co's current Cyclically Adjusted Book per Share is NT$16.05. Overall, Aethertek Technology Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aethertek Technology Co's Cyclically Adjusted Book per Share compare to GEV and ETN?
Aethertek Technology Co's Cyclically Adjusted Book per Share of NT$16.05 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Cyclically Adjusted Book per Share depends on the Industrial Products 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 Aethertek Technology Co and its competitors. Aethertek Technology Co's current Cyclically Adjusted Book per Share is NT$16.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aethertek Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Aethertek Technology Co (ROCO:3219) is currently considered Fairly Valued. The stock's GF Value™ is NT$70.08, compared to a current price of NT$72.30 — trading 3.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$16.05. Aethertek Technology Co's overall GF Score™ is 75/100 with 1 warning sign 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 Aethertek Technology Co (ROCO:3219), the current Cyclically Adjusted Book per Share is NT$16.05 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 Aethertek Technology Co (ROCO:3219) Overvalued in 2026?

Based on GuruFocus' analysis, Aethertek Technology Co stock appears to be overvalued. The current stock price of NT$72.30 is trading 3.2% above its estimated GF Value™ of NT$70.08. GuruFocus considers Aethertek Technology Co to be Fairly Valued.

Key valuation signals for ROCO:3219:

  • Cyclically Adjusted Book per Share: NT$16.05
  • GF Value™: NT$70.08 vs. price of NT$72.30 (3.2% above fair value)
  • GF Score™: 75/100 with 1 warning sign

No single metric tells the full story. See the ROCO:3219 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aethertek Technology Co Business Description

Address Ruiguang Road, 9th Floor, No. 607, Neihu District, Taipei, TWN, 114
Aethertek Technology Co Ltd is a Taiwan-based company mainly engaged in the design, manufacturing, and sale of automation machinery and related equipment. Its product portfolio includes the T800 Functional Tester, T1000 Board-Level Tester, passive antennas, RF switches, shield boxes, and micro-probing equipment for microscale diagnostics, among others. In addition to its core products, the company provides solutions for 5G communication and offers test and measurement devices across various industries. Aethertek also offers design services encompassing software, hardware, and antenna development. Geographically, it derives maximum revenue from China, followed by Taiwan, India, and other regions.
75GF Score

Get the complete analysis for ROCO:3219

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

NT$72.30
Price
NT$70.08
GF Value