Forcecon Technology Co (ROCO:3483) Cyclically Adjusted Book per Share: NT$38.10 (As of Dec. 2025)


ROCO:3483 Forcecon Technology Co Ltd ROCO:3483
76 GF Score
Price NT$86.20
GF Value NT$131.48
Valuation Significantly Undervalued
! 9 Warning Signs
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What is Forcecon Technology Co Cyclically Adjusted Book per Share?

Forcecon Technology Co ROCO:3483 76 Cyclically Adjusted Book per Share is NT$38.10 as of Dec. 2025. GuruFocus rates ROCO:3483 with a GF Score™ of 76/100 and a GF Value™ of NT$131.48 (Significantly Undervalued). The stock has 9 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.

Forcecon Technology Co's adjusted book value per share for the three months ended in Dec. 2025 was NT$50.422. 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$38.10 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Forcecon Technology Co's average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.90% 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 Forcecon Technology Co was 7.30% per year. The lowest was 6.10% per year. And the median was 6.50% per year.

As of today (2026-07-12), Forcecon Technology Co's current stock price is NT$86.20. Forcecon Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$38.10. Forcecon Technology Co's Cyclically Adjusted PB Ratio of today is 2.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Forcecon Technology Co was 5.80. The lowest was 0.96. And the median was 2.42.


Forcecon Technology Co  (ROCO:3483) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=86.20/38.10
=2.26

* 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 Forcecon Technology Co was 5.80. The lowest was 0.96. And the median was 2.42.


Be Aware

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


Forcecon Technology Co Cyclically Adjusted Book per Share Related Terms


Forcecon Technology Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Forcecon 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.

Forcecon Technology Co Cyclically Adjusted Book per Share Chart

Forcecon 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 29.38 31.76 33.49 35.73 38.10

Forcecon 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 35.73 36.54 37.17 37.79 38.10

ROCO:3483 vs SNX, ARW, AVT: Cyclically Adjusted Book per Share Comparison

For the Electronics & Computer Distribution subindustry, Forcecon 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.


Forcecon Technology Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


ROCO:3483
76GF Score
Forcecon Technology Co Ltd ROCO:3483
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forcecon 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, Forcecon 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)
=50.422/324.0540*324.0540
=50.422

Current CPI (Dec. 2025) = 324.0540.

Forcecon Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 24.300 238.132 33.068
201606 24.174 241.018 32.502
201609 24.519 241.428 32.910
201612 25.174 241.432 33.789
201703 24.147 243.801 32.096
201706 23.516 244.955 31.110
201709 24.026 246.819 31.544
201712 24.498 246.524 32.202
201803 24.029 249.554 31.202
201806 23.833 251.989 30.649
201809 24.132 252.439 30.978
201812 24.624 251.233 31.761
201903 24.724 254.202 31.518
201906 24.905 256.143 31.508
201909 25.553 256.759 32.250
201912 26.150 256.974 32.976
202003 26.373 258.115 33.110
202006 28.274 257.797 35.541
202009 30.116 260.280 37.495
202012 31.143 260.474 38.745
202103 29.949 264.877 36.640
202106 30.830 271.696 36.771
202109 32.863 274.310 38.822
202112 35.405 278.802 41.152
202203 35.726 287.504 40.268
202206 36.550 296.311 39.972
202209 38.551 296.808 42.090
202212 38.734 296.797 42.291
202303 35.654 301.836 38.278
202306 37.535 305.109 39.866
202309 42.314 307.789 44.550
202312 42.561 306.746 44.962
202403 40.024 312.332 41.526
202406 46.013 314.175 47.460
202409 47.715 315.301 49.040
202412 49.689 315.605 51.019
202503 47.778 319.799 48.414
202506 45.249 322.561 45.458
202509 48.191 324.800 48.080
202512 50.422 324.054 50.422

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$38.10 mean?
Forcecon Technology Co (ROCO:3483) has a Cyclically Adjusted Book per Share of NT$38.10 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 Forcecon Technology Co and its competitors.
Is Forcecon Technology Co's Cyclically Adjusted Book per Share too high?
Forcecon Technology Co's current Cyclically Adjusted Book per Share is NT$38.10. Overall, Forcecon Technology Co has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forcecon Technology Co's Cyclically Adjusted Book per Share compare to SNX and ARW?
Forcecon Technology Co's Cyclically Adjusted Book per Share of NT$38.10 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 Forcecon Technology Co and its competitors. Forcecon Technology Co's current Cyclically Adjusted Book per Share is NT$38.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forcecon Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Forcecon Technology Co (ROCO:3483) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$131.48, compared to a current price of NT$86.20 — trading 34.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$38.10. Forcecon Technology Co's overall GF Score™ is 76/100 with 9 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 Forcecon Technology Co (ROCO:3483), the current Cyclically Adjusted Book per Share is NT$38.10 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 Forcecon Technology Co (ROCO:3483) Overvalued in 2026?

Based on GuruFocus' analysis, Forcecon Technology Co stock appears to be undervalued. The current stock price of NT$86.20 is trading 34.4% below its estimated GF Value™ of NT$131.48. GuruFocus considers Forcecon Technology Co to be Significantly Undervalued.

Key valuation signals for ROCO:3483:

  • Cyclically Adjusted Book per Share: NT$38.10
  • GF Value™: NT$131.48 vs. price of NT$86.20 (34.4% below fair value)
  • GF Score™: 76/100 with 9 warning signs

No single metric tells the full story. See the ROCO:3483 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forcecon Technology Co Business Description

Address 2nd Floor, No. 31, Xintai road, Hsinchu County, Zhubei, TWN, 30252
Forcecon Technology Co Ltd is a Taiwan-based company engaged in business activities that include the design, manufacturing, processing, and trading of computer and peripheral equipment components. The company has a wide range of applications and product portfolios that include axial fans, blower fans, heat pipes, vapor chambers, slim vapor chambers, heat sinks, thermal modules, cold plates liquid cooling, and immersion cooling technology.
76GF Score

Get the complete analysis for ROCO:3483

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

NT$86.20
Price
NT$131.48
GF Value