Good Way Technology Co (ROCO:3272) Cyclically Adjusted Book per Share: NT$31.95 (As of Dec. 2025)

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ROCO:3272 Good Way Technology Co Ltd ROCO:3272
48 GF Score
Price NT$15.40
GF Value NT$22.34
Valuation Possible Value Trap
! 7 Warning Signs
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What is Good Way Technology Co Cyclically Adjusted Book per Share?

Good Way Technology Co ROCO:3272 +0.33% 48 Cyclically Adjusted Book per Share is NT$31.95 as of Dec. 2025. GuruFocus rates ROCO:3272 with a GF Score™ of 48/100 and a GF Value™ of NT$22.34 (Possible Value Trap). 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.

Good Way Technology Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$16.130. 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$31.95 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Good Way Technology Co's average Cyclically Adjusted Book Growth Rate was -1.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.10% 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 Good Way Technology Co was 9.10% per year. The lowest was 3.10% per year. And the median was 6.10% per year.

As of today (2026-07-17), Good Way Technology Co's current stock price is NT$15.40. Good Way Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$31.95. Good Way Technology Co's Cyclically Adjusted PB Ratio of today is 0.48.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Good Way Technology Co was 1.76. The lowest was 0.46. And the median was 1.00.


Good Way Technology Co  (ROCO:3272) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15.40/31.95
=0.48

* 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 Good Way Technology Co was 1.76. The lowest was 0.46. And the median was 1.00.


Be Aware

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


Good Way Technology Co Cyclically Adjusted Book per Share Related Terms


Good Way Technology Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Good Way 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.

Good Way Technology Co Cyclically Adjusted Book per Share Chart

Good Way 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 24.92 29.12 30.94 32.38 31.95

Good Way 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 32.38 32.66 32.66 32.48 31.95

ROCO:3272 vs SNDK, DELL, STX: Cyclically Adjusted Book per Share Comparison

For the Computer Hardware subindustry, Good Way 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.


Good Way Technology Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


ROCO:3272
48GF Score
Good Way Technology Co Ltd ROCO:3272
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Good Way 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, Good Way 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)
=16.13/324.0540*324.0540
=16.130

Current CPI (Dec. 2025) = 324.0540.

Good Way Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 25.311 238.132 34.444
201606 24.162 241.018 32.486
201609 24.305 241.428 32.623
201612 25.798 241.432 34.626
201703 25.093 243.801 33.353
201706 25.210 244.955 33.351
201709 26.451 246.819 34.728
201712 26.894 246.524 35.352
201803 26.881 249.554 34.906
201806 26.321 251.989 33.848
201809 26.519 252.439 34.042
201812 27.386 251.233 35.324
201903 27.765 254.202 35.395
201906 27.018 256.143 34.181
201909 27.009 256.759 34.088
201912 27.376 256.974 34.522
202003 26.952 258.115 33.837
202006 27.426 257.797 34.475
202009 30.329 260.280 37.760
202012 31.679 260.474 39.412
202103 31.803 264.877 38.908
202106 31.786 271.696 37.911
202109 29.988 274.310 35.426
202112 30.441 278.802 35.382
202203 29.934 287.504 33.739
202206 27.345 296.311 29.905
202209 30.951 296.808 33.792
202212 33.845 296.797 36.953
202303 30.722 301.836 32.983
202306 27.731 305.109 29.453
202309 28.117 307.789 29.603
202312 25.486 306.746 26.924
202403 26.934 312.332 27.945
202406 26.289 314.175 27.116
202409 24.900 315.301 25.591
202412 25.310 315.605 25.988
202503 24.920 319.799 25.252
202506 19.133 322.561 19.222
202509 17.002 324.800 16.963
202512 16.130 324.054 16.130

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$31.95 mean?
Good Way Technology Co (ROCO:3272) has a Cyclically Adjusted Book per Share of NT$31.95 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 Good Way Technology Co and its competitors.
Is Good Way Technology Co's Cyclically Adjusted Book per Share too high?
Good Way Technology Co's current Cyclically Adjusted Book per Share is NT$31.95. Overall, Good Way Technology Co has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Good Way Technology Co's Cyclically Adjusted Book per Share compare to SNDK and DELL?
Good Way Technology Co's Cyclically Adjusted Book per Share of NT$31.95 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 Good Way Technology Co and its competitors. Good Way Technology Co's current Cyclically Adjusted Book per Share is NT$31.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Good Way Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Good Way Technology Co (ROCO:3272) is currently considered Possible Value Trap. The stock's GF Value™ is NT$22.34, compared to a current price of NT$15.40 — trading 31.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$31.95. Good Way Technology Co's overall GF Score™ is 48/100 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 Good Way Technology Co (ROCO:3272), the current Cyclically Adjusted Book per Share is NT$31.95 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 Good Way Technology Co (ROCO:3272) Overvalued in 2026?

Based on GuruFocus' analysis, Good Way Technology Co stock appears to be undervalued. The current stock price of NT$15.40 is trading 31.1% below its estimated GF Value™ of NT$22.34. GuruFocus considers Good Way Technology Co to be Possible Value Trap.

Key valuation signals for ROCO:3272:

  • Cyclically Adjusted Book per Share: NT$31.95
  • GF Value™: NT$22.34 vs. price of NT$15.40 (31.1% below fair value)
  • GF Score™: 48/100 with 7 warning signs

No single metric tells the full story. See the ROCO:3272 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Good Way Technology Co Business Description

Address No. 135, Lane. 235, Baociao Road, 3rd Floor, Sindian District, New Taipei City, TWN, 231
Good Way Technology Co Ltd is engaged in the manufacture of computers and USB peripherals products, multifunctional docking stations, video and audio converters, wireless peripherals products, Internet of Things application products, design, research, and development of software and import and export business of related materials of products. Geographically, it operates into segments: Taiwan, America, Asia, and Others. It derives maximum revenue from Taiwan.
48GF Score

Get the complete analysis for ROCO:3272

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

NT$15.40
Price
NT$22.34
GF Value