Solid State System Co (ROCO:3259) Cyclically Adjusted Book per Share: NT$12.65 (As of Dec. 2025)


ROCO:3259 Solid State System Co Ltd ROCO:3259
56 GF Score
Price NT$15.70
GF Value NT$20.49
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Solid State System Co Cyclically Adjusted Book per Share?

Solid State System Co ROCO:3259 56 Cyclically Adjusted Book per Share is NT$12.65 as of Dec. 2025. GuruFocus rates ROCO:3259 with a GF Score™ of 56/100 and a GF Value™ of NT$20.49 (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.

Solid State System Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$5.809. 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$12.65 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Solid State System Co's average Cyclically Adjusted Book Growth Rate was -8.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -7.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -5.50% 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 Solid State System Co was -4.10% per year. The lowest was -7.00% per year. And the median was -4.60% per year.

As of today (2026-07-11), Solid State System Co's current stock price is NT$15.70. Solid State System Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$12.65. Solid State System Co's Cyclically Adjusted PB Ratio of today is 1.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Solid State System Co was 4.30. The lowest was 1.04. And the median was 1.80.


Solid State System Co  (ROCO:3259) 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.

Solid State System Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15.70/12.65
=1.24

* 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 Solid State System Co was 4.30. The lowest was 1.04. And the median was 1.80.


Be Aware

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


Solid State System Co Cyclically Adjusted Book per Share Related Terms


Solid State System Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Solid State System 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.

Solid State System Co Cyclically Adjusted Book per Share Chart

Solid State System 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 16.10 15.74 14.89 13.78 12.65

Solid State System 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 13.78 13.64 13.45 13.11 12.65

ROCO:3259 vs NVDA, AVGO, MU: Cyclically Adjusted Book per Share Comparison

For the Semiconductors subindustry, Solid State System 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.


Solid State System Co Cyclically Adjusted PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Solid State System Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ROCO:3259
56GF Score
Solid State System Co Ltd ROCO:3259
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solid State System 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, Solid State System 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)
=5.809/324.0540*324.0540
=5.809

Current CPI (Dec. 2025) = 324.0540.

Solid State System Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 16.195 238.132 22.038
201606 15.433 241.018 20.750
201609 14.947 241.428 20.062
201612 15.114 241.432 20.286
201703 14.540 243.801 19.326
201706 13.535 244.955 17.906
201709 12.970 246.819 17.029
201712 13.359 246.524 17.560
201803 12.780 249.554 16.595
201806 12.853 251.989 16.529
201809 12.872 252.439 16.524
201812 12.892 251.233 16.629
201903 11.848 254.202 15.104
201906 11.096 256.143 14.038
201909 10.271 256.759 12.963
201912 10.172 256.974 12.827
202003 9.364 258.115 11.756
202006 10.016 257.797 12.590
202009 9.350 260.280 11.641
202012 8.437 260.474 10.496
202103 8.255 264.877 10.099
202106 8.389 271.696 10.006
202109 8.593 274.310 10.151
202112 13.014 278.802 15.126
202203 12.498 287.504 14.087
202206 12.084 296.311 13.215
202209 11.390 296.808 12.436
202212 9.951 296.797 10.865
202303 9.512 301.836 10.212
202306 8.417 305.109 8.940
202309 7.062 307.789 7.435
202312 7.444 306.746 7.864
202403 6.337 312.332 6.575
202406 5.592 314.175 5.768
202409 5.005 315.301 5.144
202412 8.167 315.605 8.386
202503 7.656 319.799 7.758
202506 6.994 322.561 7.026
202509 6.455 324.800 6.440
202512 5.809 324.054 5.809

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$12.65 mean?
Solid State System Co (ROCO:3259) has a Cyclically Adjusted Book per Share of NT$12.65 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 Solid State System Co and its competitors.
Is Solid State System Co's Cyclically Adjusted Book per Share too high?
Solid State System Co's current Cyclically Adjusted Book per Share is NT$12.65. Overall, Solid State System Co has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Solid State System Co's Cyclically Adjusted Book per Share compare to NVDA and AVGO?
Solid State System Co's Cyclically Adjusted Book per Share of NT$12.65 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Cyclically Adjusted Book per Share depends on the Semiconductors 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 Solid State System Co and its competitors. Solid State System Co's current Cyclically Adjusted Book per Share is NT$12.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solid State System Co stock overvalued right now?
Based on GuruFocus' analysis, Solid State System Co (ROCO:3259) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$20.49, compared to a current price of NT$15.70 — trading 23.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$12.65. Solid State System Co's overall GF Score™ is 56/100 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 Solid State System Co (ROCO:3259), the current Cyclically Adjusted Book per Share is NT$12.65 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 Solid State System Co (ROCO:3259) Overvalued in 2026?

Based on GuruFocus' analysis, Solid State System Co stock appears to be undervalued. The current stock price of NT$15.70 is trading 23.4% below its estimated GF Value™ of NT$20.49. GuruFocus considers Solid State System Co to be Modestly Undervalued.

Key valuation signals for ROCO:3259:

  • Cyclically Adjusted Book per Share: NT$12.65
  • GF Value™: NT$20.49 vs. price of NT$15.70 (23.4% below fair value)
  • GF Score™: 56/100 with 7 warning signs

No single metric tells the full story. See the ROCO:3259 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Solid State System Co Business Description

Address No. 22, Tai Yuen Street, 5th Floor-1, Tai Yuen Hi-Tech Industrial Park, Hsinchu County, Zhubei City, TWN, 30288
Solid State System Co Ltd is engaged in the design, research, development, manufacture, and sale of integrated circuits, mainly focusing on NAND flash controller ICs, audio ICs, and MEMS microphones. The company offers products including Storage Solutions, Multimedia Audio Solutions, and MEMS microphone solutions, serving applications such as mobile devices, notebooks, and automotive electronics.
56GF Score

Get the complete analysis for ROCO:3259

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

NT$15.70
Price
NT$20.49
GF Value