MetaTech (AP) (ROCO:3224) Cyclically Adjusted Book per Share: NT$19.35 (As of Dec. 2025)

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ROCO:3224 MetaTech (AP) Inc ROCO:3224
42 GF Score
Price NT$34.85
GF Value NT$43.52
Valuation Modestly Undervalued
! 7 Warning Signs
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What is MetaTech (AP) Cyclically Adjusted Book per Share?

MetaTech (AP) ROCO:3224 -4.91% 42 Cyclically Adjusted Book per Share is NT$19.35 as of Dec. 2025. GuruFocus rates ROCO:3224 with a GF Score™ of 42/100 and a GF Value™ of NT$43.52 (Modestly Undervalued). The stock has 7 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.

MetaTech (AP)'s adjusted book value per share for the three months ended in Dec. 2025 was NT$15.079. 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$19.35 for the trailing ten years ended in Dec. 2025.

During the past 12 months, MetaTech (AP)'s average Cyclically Adjusted Book Growth Rate was 2.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.00% 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 MetaTech (AP) was 10.30% per year. The lowest was 5.40% per year. And the median was 8.80% per year.

As of today (2026-07-18), MetaTech (AP)'s current stock price is NT$34.85. MetaTech (AP)'s Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$19.35. MetaTech (AP)'s Cyclically Adjusted PB Ratio of today is 1.80.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of MetaTech (AP) was 4.79. The lowest was 1.76. And the median was 2.71.


MetaTech (AP)  (ROCO:3224) 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.

MetaTech (AP)'s Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=34.85/19.35
=1.80

* 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 MetaTech (AP) was 4.79. The lowest was 1.76. And the median was 2.71.


Be Aware

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


MetaTech (AP) Cyclically Adjusted Book per Share Related Terms


MetaTech (AP) Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for MetaTech (AP)'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.

MetaTech (AP) Cyclically Adjusted Book per Share Chart

MetaTech (AP) 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 14.72 16.52 17.86 18.92 19.35

MetaTech (AP) 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 18.92 19.18 19.34 19.44 19.35

ROCO:3224 vs SNX, ARW, AVT: Cyclically Adjusted Book per Share Comparison

For the Electronics & Computer Distribution subindustry, MetaTech (AP)'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.


MetaTech (AP) Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, MetaTech (AP)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where MetaTech (AP)'s Cyclically Adjusted PB Ratio falls into.


ROCO:3224
42GF Score
MetaTech (AP) Inc ROCO:3224
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MetaTech (AP) 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, MetaTech (AP)'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)
=15.079/324.0540*324.0540
=15.079

Current CPI (Dec. 2025) = 324.0540.

MetaTech (AP) Quarterly Data

Book Value per Share CPI Adj_Book
201603 11.780 238.132 16.030
201606 11.562 241.018 15.545
201609 10.900 241.428 14.630
201612 10.937 241.432 14.680
201703 12.665 243.801 16.834
201706 12.881 244.955 17.040
201709 12.755 246.819 16.746
201712 13.474 246.524 17.711
201803 18.556 249.554 24.096
201806 18.692 251.989 24.038
201809 18.609 252.439 23.888
201812 18.294 251.233 23.597
201903 18.062 254.202 23.025
201906 17.838 256.143 22.567
201909 17.491 256.759 22.075
201912 17.125 256.974 21.595
202003 16.818 258.115 21.114
202006 16.567 257.797 20.825
202009 16.185 260.280 20.151
202012 15.603 260.474 19.412
202103 15.462 264.877 18.916
202106 14.972 271.696 17.857
202109 18.753 274.310 22.154
202112 18.901 278.802 21.969
202203 19.359 287.504 21.820
202206 19.548 296.311 21.378
202209 19.735 296.808 21.547
202212 19.286 296.797 21.057
202303 18.865 301.836 20.254
202306 18.991 305.109 20.170
202309 19.224 307.789 20.240
202312 17.346 306.746 18.325
202403 17.224 312.332 17.870
202406 17.179 314.175 17.719
202409 16.900 315.301 17.369
202412 16.777 315.605 17.226
202503 16.664 319.799 16.886
202506 15.324 322.561 15.395
202509 15.331 324.800 15.296
202512 15.079 324.054 15.079

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$19.35 mean?
MetaTech (AP) (ROCO:3224) has a Cyclically Adjusted Book per Share of NT$19.35 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 MetaTech (AP) and its competitors.
Is MetaTech (AP)'s Cyclically Adjusted Book per Share too high?
MetaTech (AP)'s current Cyclically Adjusted Book per Share is NT$19.35. Overall, MetaTech (AP) has a GF Score™ of 42/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MetaTech (AP)'s Cyclically Adjusted Book per Share compare to SNX and ARW?
MetaTech (AP)'s Cyclically Adjusted Book per Share of NT$19.35 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 MetaTech (AP) and its competitors. MetaTech (AP)'s current Cyclically Adjusted Book per Share is NT$19.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MetaTech (AP) stock overvalued right now?
Based on GuruFocus' analysis, MetaTech (AP) (ROCO:3224) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$43.52, compared to a current price of NT$34.85 — trading 19.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$19.35. MetaTech (AP)'s overall GF Score™ is 42/100 with 7 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 MetaTech (AP) (ROCO:3224), the current Cyclically Adjusted Book per Share is NT$19.35 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 MetaTech (AP) (ROCO:3224) Overvalued in 2026?

Based on GuruFocus' analysis, MetaTech (AP) stock appears to be undervalued. The current stock price of NT$34.85 is trading 19.9% below its estimated GF Value™ of NT$43.52. GuruFocus considers MetaTech (AP) to be Modestly Undervalued.

Key valuation signals for ROCO:3224:

  • Cyclically Adjusted Book per Share: NT$19.35
  • GF Value™: NT$43.52 vs. price of NT$34.85 (19.9% below fair value)
  • GF Score™: 42/100 with 7 warning signs

No single metric tells the full story. See the ROCO:3224 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MetaTech (AP) Business Description

Address No. 75, Xintai 5th Road, Room 3, 14th Floor, Section 1, Xizhi District, New Taipei City, TWN, 221432
MetaTech (AP) Inc is engaged in the wholesale and retail of electronic products and equipment, and the development and operation of biomedicine-related business. Its operating segment includes Electronics and Biomedicine. The company generates maximum revenue from the Electronics segment. Geographically, the company generates a majority of its revenue from Hong Kong and China, followed by Taiwan and Singapore.
42GF Score

Get the complete analysis for ROCO:3224

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

NT$34.85
Price
NT$43.52
GF Value