Macroblock (ROCO:3527) Cyclically Adjusted Book per Share: NT$60.64 (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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ROCO:3527 Macroblock Inc ROCO:3527
58 GF Score
Price NT$54.50
GF Value NT$57.36
Valuation Fairly Valued
! 1 Warning Sign
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What is Macroblock Cyclically Adjusted Book per Share?

Macroblock ROCO:3527 -7.47% 58 Cyclically Adjusted Book per Share is NT$60.64 as of Dec. 2025. GuruFocus rates ROCO:3527 with a GF Score™ of 58/100 and a GF Value™ of NT$57.36 (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.

Macroblock's adjusted book value per share for the three months ended in Dec. 2025 was NT$50.761. 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$60.64 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Macroblock's average Cyclically Adjusted Book Growth Rate was 1.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.80% 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 Macroblock was 6.60% per year. The lowest was 2.80% per year. And the median was 5.25% per year.

As of today (2026-07-17), Macroblock's current stock price is NT$54.50. Macroblock's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$60.64. Macroblock's Cyclically Adjusted PB Ratio of today is 0.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Macroblock was 5.49. The lowest was 0.85. And the median was 1.85.


Macroblock  (ROCO:3527) 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.

Macroblock's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=54.50/60.64
=0.90

* 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 Macroblock was 5.49. The lowest was 0.85. And the median was 1.85.


Be Aware

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


Macroblock Cyclically Adjusted Book per Share Related Terms


Macroblock Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Macroblock'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.

Macroblock Cyclically Adjusted Book per Share Chart

Macroblock 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 52.01 55.81 57.96 59.56 60.64

Macroblock 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 59.56 60.22 60.66 60.94 60.64

ROCO:3527 vs NVDA, AVGO, MU: Cyclically Adjusted Book per Share Comparison

For the Semiconductors subindustry, Macroblock'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.


Macroblock Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


ROCO:3527
58GF Score
Macroblock Inc ROCO:3527
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Macroblock 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, Macroblock'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)
=50.761/324.0540*324.0540
=50.761

Current CPI (Dec. 2025) = 324.0540.

Macroblock Quarterly Data

Book Value per Share CPI Adj_Book
201603 43.124 238.132 58.684
201606 41.470 241.018 55.757
201609 42.536 241.428 57.093
201612 43.534 241.432 58.432
201703 44.030 243.801 58.524
201706 41.443 244.955 54.825
201709 43.060 246.819 56.534
201712 45.098 246.524 59.281
201803 46.470 249.554 60.343
201806 47.739 251.989 61.392
201809 49.512 252.439 63.558
201812 51.067 251.233 65.869
201903 53.447 254.202 68.134
201906 50.843 256.143 64.323
201909 50.919 256.759 64.265
201912 51.853 256.974 65.389
202003 52.189 258.115 65.521
202006 47.869 257.797 60.172
202009 50.322 260.280 62.652
202012 51.248 260.474 63.757
202103 51.912 264.877 63.510
202106 54.657 271.696 65.190
202109 58.653 274.310 69.289
202112 61.840 278.802 71.877
202203 56.992 287.504 64.237
202206 59.969 296.311 65.584
202209 60.627 296.808 66.192
202212 60.424 296.797 65.973
202303 56.281 301.836 60.424
202306 55.788 305.109 59.252
202309 56.285 307.789 59.259
202312 55.928 306.746 59.084
202403 54.210 312.332 56.245
202406 54.761 314.175 56.483
202409 54.491 315.301 56.004
202412 54.572 315.605 56.033
202503 52.836 319.799 53.539
202506 50.821 322.561 51.056
202509 51.037 324.800 50.920
202512 50.761 324.054 50.761

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$60.64 mean?
Macroblock (ROCO:3527) has a Cyclically Adjusted Book per Share of NT$60.64 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 Macroblock and its competitors.
Is Macroblock's Cyclically Adjusted Book per Share too high?
Macroblock's current Cyclically Adjusted Book per Share is NT$60.64. Overall, Macroblock has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Macroblock's Cyclically Adjusted Book per Share compare to NVDA and AVGO?
Macroblock's Cyclically Adjusted Book per Share of NT$60.64 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 Macroblock and its competitors. Macroblock's current Cyclically Adjusted Book per Share is NT$60.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macroblock stock overvalued right now?
Based on GuruFocus' analysis, Macroblock (ROCO:3527) is currently considered Fairly Valued. The stock's GF Value™ is NT$57.36, compared to a current price of NT$54.50 — trading 5% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$60.64. Macroblock's overall GF Score™ is 58/100 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 Macroblock (ROCO:3527), the current Cyclically Adjusted Book per Share is NT$60.64 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 Macroblock (ROCO:3527) Overvalued in 2026?

Based on GuruFocus' analysis, Macroblock stock appears to be undervalued. The current stock price of NT$54.50 is trading 5% below its estimated GF Value™ of NT$57.36. GuruFocus considers Macroblock to be Fairly Valued.

Key valuation signals for ROCO:3527:

  • Cyclically Adjusted Book per Share: NT$60.64
  • GF Value™: NT$57.36 vs. price of NT$54.50 (5% below fair value)
  • GF Score™: 58/100 with 1 warning sign

No single metric tells the full story. See the ROCO:3527 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Macroblock Business Description

Address No. 18, Puding Road, Floor 6-4, Hsinchu, TWN, 30072
Macroblock Inc is a Taiwan-based company engaged in the design, manufacture, and distribution of light-emitting diode (LED)-drive integrated circuits. Its products include LED-drive ICs, mixed digital and analog ICs, lighting products, and power modules. Geographically, the company operates in China, America, Europe, Taiwan, Asia, and others. The majority of revenue is generated from China. The reportable segments of the company are Integrated circuits and Controller, driver and others. The Integrated circuits segment is the key revenue driver.
58GF Score

Get the complete analysis for ROCO:3527

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

NT$54.50
Price
NT$57.36
GF Value